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Thursday, 07 May 09
RICHARDS BAY COAL SHIPMENTS FALL MOST IN 9 MONTHS - BLOOMBERG
RICHARDS BAY Coal Terminal Ltd., Africa’s largest coal-export facility, said shipments fell 24 percent last month, the biggest drop in nine months.
Shipments fell to 4.55 million metric tons in April from 5.97 million tons in the same month a year earlier, the terminal said in an e-mailed response to questions today. That’s the biggest drop since July last year, when they declined 26 percent. Stockpiles at the terminal climbed to 4.19 million tons, the highest since March 2007.
“It’s the market, its terrible,” Xavier Prevost, a coal analyst in South Africa, said in an interview from his mobile phone today. “With the prices most of the producers are not keen on actually exporting or selling too much coal.”
Prices of coal shipped from the terminal fell 44 percent Over the last year and traded at an average of $58.50 a ton in the week ended May 1, according to Petersfield, England-based McCloskey Group.
The terminal in north eastern South Africa is owned by South Africa’s largest coal exporters, including Anglo American Plc, BHP Billiton Ltd. and Xstrata Plc. It is the biggest source of coal for European power plants.
Sixty-eight ships were loaded during the month and 572 trains arrived at the facility, RBCT said. It received 5.27 million tons of the fuel by rail.
Falling Shipments
At its current shipment rate Richards Bay will export 56.77 million tons of coal this year compared with a capacity of 76 million tons, expanding to 91 million tons by July. When that expansion is complete Richards Bay will be the world’s single biggest coal export facility.
Richards Bay’s shipments this year are likely to be below those last year, Prevost said, adding that he doesn’t expect substantial improvement in demand in 2009. The terminal shipped 61.79 million tons in 2008 compared with 66.16 million tons the year earlier. Exports were reduced by derailments and increased competition for supplies from power utility Eskom Holdings Ltd.
Terry Howarth, the chief executive officer of the terminal, wasn’t immediately available when his office was called.
Transnet Ltd., which operates South Africa’s railways, will close one of two lines to the terminal from May 4-13 for Xavier maintenance.
Source: http://www.bloomberg.com/apps/news?pid=20601116&sid=ahn8lGylbYKg&refer=africa
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Monday, 19 November 18
SUPRAMAX: THE BSI CONTINUED TO FALL LAST WEEK, ESPECIALLY THE ASIAN ROUTES - BALTIC BRIEFING
Capesize
After a cut throat couple of weeks, the market finally appeared to have found a floor and rates ticked up. Those analysts that predict ...
Sunday, 18 November 18
COAL STOCKS IN A THIRD OF NTPC PLANTS CLOSE TO NIL - FINANCIAL EXPRESS
Coal supply shortage continues to haunt NTPC, the country’s largest power generator, with latest government data showing 31% of the company&r ...
Thursday, 15 November 18
OIL MARKET REPORT: HEEDING THE WARNINGS - IEA
In last month’s Report, we noted that since the middle of the year oil supply had increased sharply, with gains in the Middle East, Russia an ...
Wednesday, 14 November 18
BIMCO ADOPTS 2020 BUNKER CLAUSES
BIMCO has developed two 2020 bunker clauses that deal with general compliance and the transitional period for an early December release.
...
Wednesday, 14 November 18
SHIPPING MARKET INSIGHT - KONSTANTINOS KONTOMICHIS
The shipping industry is going through an interesting period across all markets. Since the end of last year, the Dry Baltic Index has been showing ...
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- Parliament of New Zealand
- Bhoruka Overseas - Indonesia
- Savvy Resources Ltd - HongKong
- VISA Power Limited - India
- Timah Investasi Mineral - Indoneisa
- Indogreen Group - Indonesia
- Madhucon Powers Ltd - India
- Orica Mining Services - Indonesia
- Ministry of Transport, Egypt
- Coastal Gujarat Power Limited - India
- AsiaOL BioFuels Corp., Philippines
- Lanco Infratech Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Agrawal Coal Company - India
- Mercator Lines Limited - India
- Carbofer General Trading SA - India
- Marubeni Corporation - India
- Coalindo Energy - Indonesia
- Deloitte Consulting - India
- Commonwealth Bank - Australia
- San Jose City I Power Corp, Philippines
- ASAPP Information Group - India
- Samtan Co., Ltd - South Korea
- Electricity Authority, New Zealand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Parry Sugars Refinery, India
- Bayan Resources Tbk. - Indonesia
- Cement Manufacturers Association - India
- Thiess Contractors Indonesia
- Goldman Sachs - Singapore
- Bukit Baiduri Energy - Indonesia
- Port Waratah Coal Services - Australia
- GAC Shipping (India) Pvt Ltd
- Jindal Steel & Power Ltd - India
- Uttam Galva Steels Limited - India
- Ind-Barath Power Infra Limited - India
- TeaM Sual Corporation - Philippines
- GMR Energy Limited - India
- Coal and Oil Company - UAE
- Rashtriya Ispat Nigam Limited - India
- Indian Oil Corporation Limited
- Riau Bara Harum - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Economic Council, Georgia
- Bukit Makmur.PT - Indonesia
- Formosa Plastics Group - Taiwan
- Sical Logistics Limited - India
- Iligan Light & Power Inc, Philippines
- Power Finance Corporation Ltd., India
- Antam Resourcindo - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Globalindo Alam Lestari - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Videocon Industries ltd - India
- Grasim Industreis Ltd - India
- Sakthi Sugars Limited - India
- Baramulti Group, Indonesia
- Ceylon Electricity Board - Sri Lanka
- European Bulk Services B.V. - Netherlands
- Bulk Trading Sa - Switzerland
- Indonesian Coal Mining Association
- Neyveli Lignite Corporation Ltd, - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Latin American Coal - Colombia
- Wood Mackenzie - Singapore
- Australian Commodity Traders Exchange
- India Bulls Power Limited - India
- Bangladesh Power Developement Board
- Cigading International Bulk Terminal - Indonesia
- Kepco SPC Power Corporation, Philippines
- Tata Chemicals Ltd - India
- Global Business Power Corporation, Philippines
- Kumho Petrochemical, South Korea
- Siam City Cement - Thailand
- Dalmia Cement Bharat India
- Banpu Public Company Limited - Thailand
- Sree Jayajothi Cements Limited - India
- Aditya Birla Group - India
- Jaiprakash Power Ventures ltd
- Straits Asia Resources Limited - Singapore
- Ministry of Mines - Canada
- Electricity Generating Authority of Thailand
- Kohat Cement Company Ltd. - Pakistan
- Petrochimia International Co. Ltd.- Taiwan
- Minerals Council of Australia
- Kapuas Tunggal Persada - Indonesia
- Eastern Energy - Thailand
- The Treasury - Australian Government
- Vizag Seaport Private Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Global Coal Blending Company Limited - Australia
- Gujarat Electricity Regulatory Commission - India
- Anglo American - United Kingdom
- SN Aboitiz Power Inc, Philippines
- Ambuja Cements Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Altura Mining Limited, Indonesia
- Borneo Indobara - Indonesia
- Pendopo Energi Batubara - Indonesia
- Eastern Coal Council - USA
- Bhushan Steel Limited - India
- GN Power Mariveles Coal Plant, Philippines
- OPG Power Generation Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Global Green Power PLC Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- The State Trading Corporation of India Ltd
- Therma Luzon, Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Edison Trading Spa - Italy
- International Coal Ventures Pvt Ltd - India
- ICICI Bank Limited - India
- Energy Development Corp, Philippines
- Makarim & Taira - Indonesia
- Mintek Dendrill Indonesia
- Independent Power Producers Association of India
- Mercuria Energy - Indonesia
- GVK Power & Infra Limited - India
- Tamil Nadu electricity Board
- Star Paper Mills Limited - India
- Medco Energi Mining Internasional
- Kartika Selabumi Mining - Indonesia
- Price Waterhouse Coopers - Russia
- Toyota Tsusho Corporation, Japan
- Gujarat Sidhee Cement - India
- Asmin Koalindo Tuhup - Indonesia
- Kobexindo Tractors - Indoneisa
- Africa Commodities Group - South Africa
- Sinarmas Energy and Mining - Indonesia
- Attock Cement Pakistan Limited
- South Luzon Thermal Energy Corporation
- Chettinad Cement Corporation Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Bahari Cakrawala Sebuku - Indonesia
- White Energy Company Limited
- CIMB Investment Bank - Malaysia
- PetroVietnam Power Coal Import and Supply Company
- Metalloyd Limited - United Kingdom
- Maheswari Brothers Coal Limited - India
- MS Steel International - UAE
- Renaissance Capital - South Africa
- Xindia Steels Limited - India
- Posco Energy - South Korea
- Merrill Lynch Commodities Europe
- PTC India Limited - India
- Vedanta Resources Plc - India
- Kaltim Prima Coal - Indonesia
- Essar Steel Hazira Ltd - India
- Salva Resources Pvt Ltd - India
- Petron Corporation, Philippines
- Malabar Cements Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Wilmar Investment Holdings
- Planning Commission, India
- LBH Netherlands Bv - Netherlands
- Interocean Group of Companies - India
- Singapore Mercantile Exchange
- Bukit Asam (Persero) Tbk - Indonesia
- Chamber of Mines of South Africa
- Thai Mozambique Logistica
- Miang Besar Coal Terminal - Indonesia
- Romanian Commodities Exchange
- SMC Global Power, Philippines
- Bharathi Cement Corporation - India
- The University of Queensland
- Meenaskhi Energy Private Limited - India
- Australian Coal Association
- IHS Mccloskey Coal Group - USA
- Karaikal Port Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- London Commodity Brokers - England
- Leighton Contractors Pty Ltd - Australia
- Intertek Mineral Services - Indonesia
- Rio Tinto Coal - Australia
- Trasteel International SA, Italy
- Semirara Mining Corp, Philippines
- Ministry of Finance - Indonesia
- Heidelberg Cement - Germany
- Barasentosa Lestari - Indonesia
- Mjunction Services Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Aboitiz Power Corporation - Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Jorong Barutama Greston.PT - Indonesia
- CNBM International Corporation - China
- PowerSource Philippines DevCo
- Oldendorff Carriers - Singapore
- Indika Energy - Indonesia
- Siam City Cement PLC, Thailand
- Gujarat Mineral Development Corp Ltd - India
- Directorate Of Revenue Intelligence - India
- Bhatia International Limited - India
- Meralco Power Generation, Philippines
- Standard Chartered Bank - UAE
- Orica Australia Pty. Ltd.
- Simpson Spence & Young - Indonesia
- Energy Link Ltd, New Zealand
- Vijayanagar Sugar Pvt Ltd - India
- SMG Consultants - Indonesia
- New Zealand Coal & Carbon
- Manunggal Multi Energi - Indonesia
- Sojitz Corporation - Japan
- Central Electricity Authority - India
- Kideco Jaya Agung - Indonesia
- Georgia Ports Authority, United States
- IEA Clean Coal Centre - UK
- Indo Tambangraya Megah - Indonesia
- Indian Energy Exchange, India
- Sindya Power Generating Company Private Ltd
- Central Java Power - Indonesia
- Larsen & Toubro Limited - India
- PNOC Exploration Corporation - Philippines
- Sarangani Energy Corporation, Philippines
- McConnell Dowell - Australia
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