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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, 17 September 18
GLENCORE RETURNS TO JAPAN COAL TALKS SCUPPERED BY HIGH PRICES - BLOOMBERG
Mining giant Glencore Plc and Japanese utilities have resumed thermal coal supply negotiations, restarting talks that fell apart earlier this year ...
Monday, 17 September 18
SMALL PERCENTAGE OF THE WORLD FLEET WILL FIT SCRUBBERS - FORECASTS : METTE KRONHOLM FRAENDE
In recent months, there have been numerous reports of a strong pick-up in demand for scrubbers. On 1 January 2020, however, the number of ships fit ...
Saturday, 15 September 18
POWERING SUSTAINABLE DEVELOPMENT WITH LOW EMISSION COAL TECHNOLOGIES - WCA
In its 5th Strategic Energy Plan this year (2018), the Japanese Cabinet recognised coal as an important energy resource, necessary for the country& ...
Friday, 14 September 18
10 YEARS ON FROM LEHMAN, HOW IS SHIPPING'S "HANGOVER"? - CLARKSONS RESEARCH
On 15th September 2008, the collapse of Lehman Brothers crystallised the financial crisis and the onset the worst economic downturn for a century. ...
Thursday, 13 September 18
OPEC SEES SLOWER 2019 OIL DEMAND GROWTH, WARNS ON ECONOMY
Crude Oil Price Movements
In August, the OPEC Reference Basket declined by $1.01 m-o-m, settling at $72.26/b. Crude oil futures were also down ...
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Showing 1616 to 1620 news of total 6871 |
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- Oldendorff Carriers - Singapore
- Billiton Holdings Pty Ltd - Australia
- Attock Cement Pakistan Limited
- Central Electricity Authority - India
- SN Aboitiz Power Inc, Philippines
- Carbofer General Trading SA - India
- Jindal Steel & Power Ltd - India
- Star Paper Mills Limited - India
- TeaM Sual Corporation - Philippines
- Bulk Trading Sa - Switzerland
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Latin American Coal - Colombia
- Asmin Koalindo Tuhup - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Australian Coal Association
- Jorong Barutama Greston.PT - Indonesia
- The State Trading Corporation of India Ltd
- LBH Netherlands Bv - Netherlands
- New Zealand Coal & Carbon
- Dalmia Cement Bharat India
- Bangladesh Power Developement Board
- Tamil Nadu electricity Board
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Eastern Coal Council - USA
- SMG Consultants - Indonesia
- SMC Global Power, Philippines
- Gujarat Mineral Development Corp Ltd - India
- PTC India Limited - India
- Anglo American - United Kingdom
- Energy Development Corp, Philippines
- Riau Bara Harum - Indonesia
- Medco Energi Mining Internasional
- Ambuja Cements Ltd - India
- Pendopo Energi Batubara - Indonesia
- Sojitz Corporation - Japan
- Larsen & Toubro Limited - India
- South Luzon Thermal Energy Corporation
- European Bulk Services B.V. - Netherlands
- Kapuas Tunggal Persada - Indonesia
- Marubeni Corporation - India
- Vedanta Resources Plc - India
- Sindya Power Generating Company Private Ltd
- Sarangani Energy Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Energy Link Ltd, New Zealand
- Global Green Power PLC Corporation, Philippines
- Orica Australia Pty. Ltd.
- Indian Oil Corporation Limited
- OPG Power Generation Pvt Ltd - India
- Indian Energy Exchange, India
- MS Steel International - UAE
- Altura Mining Limited, Indonesia
- IEA Clean Coal Centre - UK
- Lanco Infratech Ltd - India
- Makarim & Taira - Indonesia
- Timah Investasi Mineral - Indoneisa
- Alfred C Toepfer International GmbH - Germany
- GN Power Mariveles Coal Plant, Philippines
- Gujarat Sidhee Cement - India
- Merrill Lynch Commodities Europe
- Banpu Public Company Limited - Thailand
- London Commodity Brokers - England
- Thiess Contractors Indonesia
- Kobexindo Tractors - Indoneisa
- Deloitte Consulting - India
- Intertek Mineral Services - Indonesia
- Indonesian Coal Mining Association
- Meenaskhi Energy Private Limited - India
- Barasentosa Lestari - Indonesia
- Indogreen Group - Indonesia
- Savvy Resources Ltd - HongKong
- Power Finance Corporation Ltd., India
- Interocean Group of Companies - India
- Semirara Mining and Power Corporation, Philippines
- Siam City Cement - Thailand
- Baramulti Group, Indonesia
- Planning Commission, India
- Chettinad Cement Corporation Ltd - India
- Xindia Steels Limited - India
- Electricity Generating Authority of Thailand
- Edison Trading Spa - Italy
- Global Coal Blending Company Limited - Australia
- Bharathi Cement Corporation - India
- Commonwealth Bank - Australia
- Wilmar Investment Holdings
- Bahari Cakrawala Sebuku - Indonesia
- Thai Mozambique Logistica
- Rio Tinto Coal - Australia
- Manunggal Multi Energi - Indonesia
- Minerals Council of Australia
- PetroVietnam Power Coal Import and Supply Company
- Videocon Industries ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- VISA Power Limited - India
- Bhushan Steel Limited - India
- Heidelberg Cement - Germany
- The University of Queensland
- Renaissance Capital - South Africa
- CIMB Investment Bank - Malaysia
- Ministry of Transport, Egypt
- PowerSource Philippines DevCo
- Kumho Petrochemical, South Korea
- Africa Commodities Group - South Africa
- Central Java Power - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Electricity Authority, New Zealand
- Karaikal Port Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Borneo Indobara - Indonesia
- Standard Chartered Bank - UAE
- Miang Besar Coal Terminal - Indonesia
- Bhoruka Overseas - Indonesia
- Sree Jayajothi Cements Limited - India
- Therma Luzon, Inc, Philippines
- ICICI Bank Limited - India
- Global Business Power Corporation, Philippines
- Eastern Energy - Thailand
- White Energy Company Limited
- Gujarat Electricity Regulatory Commission - India
- Krishnapatnam Port Company Ltd. - India
- Jaiprakash Power Ventures ltd
- Binh Thuan Hamico - Vietnam
- Port Waratah Coal Services - Australia
- Madhucon Powers Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Posco Energy - South Korea
- Independent Power Producers Association of India
- CNBM International Corporation - China
- Straits Asia Resources Limited - Singapore
- Romanian Commodities Exchange
- GVK Power & Infra Limited - India
- Malabar Cements Ltd - India
- McConnell Dowell - Australia
- Wood Mackenzie - Singapore
- Iligan Light & Power Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Indo Tambangraya Megah - Indonesia
- Ministry of Finance - Indonesia
- Georgia Ports Authority, United States
- Coal and Oil Company - UAE
- PNOC Exploration Corporation - Philippines
- GAC Shipping (India) Pvt Ltd
- Coastal Gujarat Power Limited - India
- Economic Council, Georgia
- Kideco Jaya Agung - Indonesia
- Salva Resources Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Agrawal Coal Company - India
- Mjunction Services Limited - India
- Bhatia International Limited - India
- Tata Chemicals Ltd - India
- Bukit Baiduri Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Semirara Mining Corp, Philippines
- Mintek Dendrill Indonesia
- Formosa Plastics Group - Taiwan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Metalloyd Limited - United Kingdom
- International Coal Ventures Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Price Waterhouse Coopers - Russia
- Sinarmas Energy and Mining - Indonesia
- IHS Mccloskey Coal Group - USA
- Petron Corporation, Philippines
- Grasim Industreis Ltd - India
- San Jose City I Power Corp, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Samtan Co., Ltd - South Korea
- Petrochimia International Co. Ltd.- Taiwan
- Vijayanagar Sugar Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- ASAPP Information Group - India
- Meralco Power Generation, Philippines
- Cement Manufacturers Association - India
- Kaltim Prima Coal - Indonesia
- The Treasury - Australian Government
- Directorate Of Revenue Intelligence - India
- Singapore Mercantile Exchange
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Parry Sugars Refinery, India
- Bukit Asam (Persero) Tbk - Indonesia
- Trasteel International SA, Italy
- Orica Mining Services - Indonesia
- Uttam Galva Steels Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Toyota Tsusho Corporation, Japan
- Aditya Birla Group - India
- Australian Commodity Traders Exchange
- Aboitiz Power Corporation - Philippines
- Vizag Seaport Private Limited - India
- Mercator Lines Limited - India
- Maheswari Brothers Coal Limited - India
- Leighton Contractors Pty Ltd - Australia
- Siam City Cement PLC, Thailand
- Goldman Sachs - Singapore
- India Bulls Power Limited - India
- Ministry of Mines - Canada
- AsiaOL BioFuels Corp., Philippines
- GMR Energy Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Indika Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- Parliament of New Zealand
- Essar Steel Hazira Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Rashtriya Ispat Nigam Limited - India
- Sical Logistics Limited - India
- Chamber of Mines of South Africa
- Kalimantan Lumbung Energi - Indonesia
- Sakthi Sugars Limited - India
- Antam Resourcindo - Indonesia
- Mercuria Energy - Indonesia
- Coalindo Energy - Indonesia
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