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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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Saturday, 20 October 18
PANAMAX: THE PACIFIC SAW A LARGE VOLUME OF FIXING, WITH INDONESIA AGAIN THE DRIVING FORCE - THE BALTIC BRIEFING
Capesize
A positive end to last week after a shaky start, with a Coaltrans taking participants out of the market early on and with rates slippi ...
Thursday, 18 October 18
SUPRAMAX: INDO/WC INDIA SUPRAS ARE FIXING AROUND MID $14000S P/D BASIS SPORE DELIVERY
Capesize
The volatile Cape market continues this week, especially in the Pacific says Fearnleys in its latest weekly report.
...
Thursday, 18 October 18
COAL SHORTAGE HITS POWER SECTOR AGAIN; HOW INDIA CAN GET ITS PRODUCTION RIGHT - ANIL SWARUP
By convincing states of the value proposition of increased production, the record production of Fy15 & Fy16 can be emulated.
The ...
Thursday, 18 October 18
CHINA POWER REFORM NEUTRAL ON GRIDS, PRESSURES IPP MARGINS - FITCH RATINGS
China's power sector reform has a broadly neutral impact on transmission grids although it will pressure the power producers' margins, says ...
Wednesday, 17 October 18
ESCROW SERVICE FOR BALTIC MEMBERS NOW LIVE
The Baltic Exchange’s Escrow Service for its members to hold deposits for ship sale transactions goes live today (15 October). The service is ...
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Showing 1586 to 1590 news of total 6871 |
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- Parliament of New Zealand
- Eastern Coal Council - USA
- Trasteel International SA, Italy
- Romanian Commodities Exchange
- Indian Oil Corporation Limited
- Eastern Energy - Thailand
- Price Waterhouse Coopers - Russia
- Neyveli Lignite Corporation Ltd, - India
- Sree Jayajothi Cements Limited - India
- The Treasury - Australian Government
- Xindia Steels Limited - India
- Global Coal Blending Company Limited - Australia
- Kartika Selabumi Mining - Indonesia
- Orica Australia Pty. Ltd.
- Bukit Asam (Persero) Tbk - Indonesia
- Karaikal Port Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Billiton Holdings Pty Ltd - Australia
- Mintek Dendrill Indonesia
- TeaM Sual Corporation - Philippines
- SMG Consultants - Indonesia
- Posco Energy - South Korea
- PetroVietnam Power Coal Import and Supply Company
- Agrawal Coal Company - India
- Kalimantan Lumbung Energi - Indonesia
- Central Electricity Authority - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Coastal Gujarat Power Limited - India
- Edison Trading Spa - Italy
- Wood Mackenzie - Singapore
- PTC India Limited - India
- ASAPP Information Group - India
- Bhatia International Limited - India
- Uttam Galva Steels Limited - India
- Kaltim Prima Coal - Indonesia
- GVK Power & Infra Limited - India
- Bhoruka Overseas - Indonesia
- Independent Power Producers Association of India
- Tamil Nadu electricity Board
- Global Business Power Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Ministry of Mines - Canada
- Semirara Mining and Power Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Gujarat Electricity Regulatory Commission - India
- Globalindo Alam Lestari - Indonesia
- Madhucon Powers Ltd - India
- Economic Council, Georgia
- LBH Netherlands Bv - Netherlands
- Deloitte Consulting - India
- Sical Logistics Limited - India
- Sindya Power Generating Company Private Ltd
- Manunggal Multi Energi - Indonesia
- Essar Steel Hazira Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Orica Mining Services - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Siam City Cement - Thailand
- Electricity Authority, New Zealand
- New Zealand Coal & Carbon
- Australian Commodity Traders Exchange
- Thiess Contractors Indonesia
- Tata Chemicals Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Semirara Mining Corp, Philippines
- Jaiprakash Power Ventures ltd
- Meralco Power Generation, Philippines
- Directorate Of Revenue Intelligence - India
- PowerSource Philippines DevCo
- Krishnapatnam Port Company Ltd. - India
- Oldendorff Carriers - Singapore
- Coal and Oil Company - UAE
- Aboitiz Power Corporation - Philippines
- Africa Commodities Group - South Africa
- Miang Besar Coal Terminal - Indonesia
- Leighton Contractors Pty Ltd - Australia
- CIMB Investment Bank - Malaysia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Port Waratah Coal Services - Australia
- Mercuria Energy - Indonesia
- Riau Bara Harum - Indonesia
- Simpson Spence & Young - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- IHS Mccloskey Coal Group - USA
- Malabar Cements Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Chamber of Mines of South Africa
- Therma Luzon, Inc, Philippines
- San Jose City I Power Corp, Philippines
- Sojitz Corporation - Japan
- VISA Power Limited - India
- Bhushan Steel Limited - India
- Carbofer General Trading SA - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Energy Development Corp, Philippines
- Toyota Tsusho Corporation, Japan
- India Bulls Power Limited - India
- Bukit Baiduri Energy - Indonesia
- Salva Resources Pvt Ltd - India
- Latin American Coal - Colombia
- Siam City Cement PLC, Thailand
- Singapore Mercantile Exchange
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indogreen Group - Indonesia
- Thai Mozambique Logistica
- Videocon Industries ltd - India
- Baramulti Group, Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Interocean Group of Companies - India
- Ind-Barath Power Infra Limited - India
- Kapuas Tunggal Persada - Indonesia
- Bharathi Cement Corporation - India
- Ministry of Transport, Egypt
- GN Power Mariveles Coal Plant, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Medco Energi Mining Internasional
- Kideco Jaya Agung - Indonesia
- Petron Corporation, Philippines
- Gujarat Sidhee Cement - India
- Ambuja Cements Ltd - India
- Goldman Sachs - Singapore
- Iligan Light & Power Inc, Philippines
- Planning Commission, India
- European Bulk Services B.V. - Netherlands
- Mercator Lines Limited - India
- Timah Investasi Mineral - Indoneisa
- International Coal Ventures Pvt Ltd - India
- Wilmar Investment Holdings
- Heidelberg Cement - Germany
- Makarim & Taira - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Bayan Resources Tbk. - Indonesia
- Renaissance Capital - South Africa
- Pendopo Energi Batubara - Indonesia
- Kepco SPC Power Corporation, Philippines
- White Energy Company Limited
- GAC Shipping (India) Pvt Ltd
- Savvy Resources Ltd - HongKong
- Energy Link Ltd, New Zealand
- Indika Energy - Indonesia
- Central Java Power - Indonesia
- Vizag Seaport Private Limited - India
- Commonwealth Bank - Australia
- Indian Energy Exchange, India
- Cement Manufacturers Association - India
- Power Finance Corporation Ltd., India
- Antam Resourcindo - Indonesia
- Bukit Makmur.PT - Indonesia
- Intertek Mineral Services - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Samtan Co., Ltd - South Korea
- Straits Asia Resources Limited - Singapore
- Kobexindo Tractors - Indoneisa
- Grasim Industreis Ltd - India
- Metalloyd Limited - United Kingdom
- Ministry of Finance - Indonesia
- Binh Thuan Hamico - Vietnam
- The University of Queensland
- Minerals Council of Australia
- Lanco Infratech Ltd - India
- Attock Cement Pakistan Limited
- Jindal Steel & Power Ltd - India
- OPG Power Generation Pvt Ltd - India
- Rio Tinto Coal - Australia
- GMR Energy Limited - India
- IEA Clean Coal Centre - UK
- Georgia Ports Authority, United States
- Ceylon Electricity Board - Sri Lanka
- Chettinad Cement Corporation Ltd - India
- Global Green Power PLC Corporation, Philippines
- Aditya Birla Group - India
- Standard Chartered Bank - UAE
- McConnell Dowell - Australia
- Sinarmas Energy and Mining - Indonesia
- Coalindo Energy - Indonesia
- Borneo Indobara - Indonesia
- Star Paper Mills Limited - India
- Marubeni Corporation - India
- Mjunction Services Limited - India
- Formosa Plastics Group - Taiwan
- Karbindo Abesyapradhi - Indoneisa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- South Luzon Thermal Energy Corporation
- Merrill Lynch Commodities Europe
- Indo Tambangraya Megah - Indonesia
- PNOC Exploration Corporation - Philippines
- Australian Coal Association
- SMC Global Power, Philippines
- Sarangani Energy Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- The State Trading Corporation of India Ltd
- Maheswari Brothers Coal Limited - India
- Larsen & Toubro Limited - India
- Dalmia Cement Bharat India
- Anglo American - United Kingdom
- Sakthi Sugars Limited - India
- Kumho Petrochemical, South Korea
- CNBM International Corporation - China
- Holcim Trading Pte Ltd - Singapore
- Indonesian Coal Mining Association
- Bahari Cakrawala Sebuku - Indonesia
- Banpu Public Company Limited - Thailand
- Bulk Trading Sa - Switzerland
- Cigading International Bulk Terminal - Indonesia
- Bangladesh Power Developement Board
- Parry Sugars Refinery, India
- MS Steel International - UAE
- Gujarat Mineral Development Corp Ltd - India
- Altura Mining Limited, Indonesia
- Rashtriya Ispat Nigam Limited - India
- Meenaskhi Energy Private Limited - India
- ICICI Bank Limited - India
- London Commodity Brokers - England
- Vedanta Resources Plc - India
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