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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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- SMC Global Power, Philippines
- Indika Energy - Indonesia
- Cement Manufacturers Association - India
- Bharathi Cement Corporation - India
- Australian Commodity Traders Exchange
- Interocean Group of Companies - India
- Wilmar Investment Holdings
- Larsen & Toubro Limited - India
- Commonwealth Bank - Australia
- Malabar Cements Ltd - India
- PNOC Exploration Corporation - Philippines
- Central Java Power - Indonesia
- Parliament of New Zealand
- CIMB Investment Bank - Malaysia
- McConnell Dowell - Australia
- Australian Coal Association
- Gujarat Mineral Development Corp Ltd - India
- Dalmia Cement Bharat India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Globalindo Alam Lestari - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Goldman Sachs - Singapore
- Kaltim Prima Coal - Indonesia
- The Treasury - Australian Government
- Wood Mackenzie - Singapore
- Agrawal Coal Company - India
- Ministry of Transport, Egypt
- Simpson Spence & Young - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Standard Chartered Bank - UAE
- Madhucon Powers Ltd - India
- Eastern Coal Council - USA
- Merrill Lynch Commodities Europe
- Sakthi Sugars Limited - India
- Attock Cement Pakistan Limited
- GVK Power & Infra Limited - India
- Riau Bara Harum - Indonesia
- South Luzon Thermal Energy Corporation
- Directorate General of MIneral and Coal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Borneo Indobara - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- PowerSource Philippines DevCo
- Kapuas Tunggal Persada - Indonesia
- PTC India Limited - India
- Iligan Light & Power Inc, Philippines
- TeaM Sual Corporation - Philippines
- Billiton Holdings Pty Ltd - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sinarmas Energy and Mining - Indonesia
- Coal and Oil Company - UAE
- The State Trading Corporation of India Ltd
- Miang Besar Coal Terminal - Indonesia
- Aboitiz Power Corporation - Philippines
- Bukit Makmur.PT - Indonesia
- Metalloyd Limited - United Kingdom
- Baramulti Group, Indonesia
- Sical Logistics Limited - India
- Sree Jayajothi Cements Limited - India
- Ind-Barath Power Infra Limited - India
- Sindya Power Generating Company Private Ltd
- Marubeni Corporation - India
- Kepco SPC Power Corporation, Philippines
- Ministry of Mines - Canada
- Asmin Koalindo Tuhup - Indonesia
- International Coal Ventures Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Global Business Power Corporation, Philippines
- Parry Sugars Refinery, India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indogreen Group - Indonesia
- Bhatia International Limited - India
- Cigading International Bulk Terminal - Indonesia
- Medco Energi Mining Internasional
- IHS Mccloskey Coal Group - USA
- Ceylon Electricity Board - Sri Lanka
- SN Aboitiz Power Inc, Philippines
- Aditya Birla Group - India
- Antam Resourcindo - Indonesia
- Banpu Public Company Limited - Thailand
- Uttam Galva Steels Limited - India
- Kartika Selabumi Mining - Indonesia
- London Commodity Brokers - England
- OPG Power Generation Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Deloitte Consulting - India
- Leighton Contractors Pty Ltd - Australia
- Essar Steel Hazira Ltd - India
- Global Coal Blending Company Limited - Australia
- Thai Mozambique Logistica
- Vijayanagar Sugar Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Indian Oil Corporation Limited
- Carbofer General Trading SA - India
- Latin American Coal - Colombia
- Power Finance Corporation Ltd., India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Electricity Generating Authority of Thailand
- Petron Corporation, Philippines
- India Bulls Power Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Grasim Industreis Ltd - India
- Siam City Cement - Thailand
- Ministry of Finance - Indonesia
- Kideco Jaya Agung - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- The University of Queensland
- Bayan Resources Tbk. - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- New Zealand Coal & Carbon
- Kohat Cement Company Ltd. - Pakistan
- Renaissance Capital - South Africa
- IEA Clean Coal Centre - UK
- Mercator Lines Limited - India
- ICICI Bank Limited - India
- Barasentosa Lestari - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kobexindo Tractors - Indoneisa
- Jaiprakash Power Ventures ltd
- Formosa Plastics Group - Taiwan
- Indo Tambangraya Megah - Indonesia
- Bangladesh Power Developement Board
- Mercuria Energy - Indonesia
- Kumho Petrochemical, South Korea
- Indonesian Coal Mining Association
- Mjunction Services Limited - India
- Rio Tinto Coal - Australia
- Directorate Of Revenue Intelligence - India
- Minerals Council of Australia
- Orica Australia Pty. Ltd.
- Jorong Barutama Greston.PT - Indonesia
- ASAPP Information Group - India
- Krishnapatnam Port Company Ltd. - India
- Alfred C Toepfer International GmbH - Germany
- Xindia Steels Limited - India
- Videocon Industries ltd - India
- Pendopo Energi Batubara - Indonesia
- Chettinad Cement Corporation Ltd - India
- Coastal Gujarat Power Limited - India
- Tata Chemicals Ltd - India
- Samtan Co., Ltd - South Korea
- Therma Luzon, Inc, Philippines
- Posco Energy - South Korea
- Toyota Tsusho Corporation, Japan
- MS Steel International - UAE
- Energy Development Corp, Philippines
- GMR Energy Limited - India
- Africa Commodities Group - South Africa
- Timah Investasi Mineral - Indoneisa
- Electricity Authority, New Zealand
- Star Paper Mills Limited - India
- Maharashtra Electricity Regulatory Commission - India
- White Energy Company Limited
- Mintek Dendrill Indonesia
- Meralco Power Generation, Philippines
- VISA Power Limited - India
- Makarim & Taira - Indonesia
- Savvy Resources Ltd - HongKong
- Petrochimia International Co. Ltd.- Taiwan
- Thiess Contractors Indonesia
- Vizag Seaport Private Limited - India
- Georgia Ports Authority, United States
- Siam City Cement PLC, Thailand
- Meenaskhi Energy Private Limited - India
- Energy Link Ltd, New Zealand
- Sojitz Corporation - Japan
- Lanco Infratech Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Vedanta Resources Plc - India
- Independent Power Producers Association of India
- Semirara Mining Corp, Philippines
- Ambuja Cements Ltd - India
- CNBM International Corporation - China
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Economic Council, Georgia
- Planning Commission, India
- Trasteel International SA, Italy
- Jindal Steel & Power Ltd - India
- Indian Energy Exchange, India
- Bhoruka Overseas - Indonesia
- Port Waratah Coal Services - Australia
- Altura Mining Limited, Indonesia
- Maheswari Brothers Coal Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Orica Mining Services - Indonesia
- Anglo American - United Kingdom
- Oldendorff Carriers - Singapore
- Central Electricity Authority - India
- SMG Consultants - Indonesia
- Binh Thuan Hamico - Vietnam
- Coalindo Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Salva Resources Pvt Ltd - India
- Tamil Nadu electricity Board
- Intertek Mineral Services - Indonesia
- San Jose City I Power Corp, Philippines
- Singapore Mercantile Exchange
- LBH Netherlands Bv - Netherlands
- Eastern Energy - Thailand
- Straits Asia Resources Limited - Singapore
- Karaikal Port Pvt Ltd - India
- Romanian Commodities Exchange
- Chamber of Mines of South Africa
- Bukit Baiduri Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Price Waterhouse Coopers - Russia
- Heidelberg Cement - Germany
- European Bulk Services B.V. - Netherlands
- Bukit Asam (Persero) Tbk - Indonesia
- Edison Trading Spa - Italy
- Gujarat Sidhee Cement - India
- GAC Shipping (India) Pvt Ltd
- Bhushan Steel Limited - India
- Global Green Power PLC Corporation, Philippines
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