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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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Thursday, 23 August 18
SUPRAMAX: SOME FRESH COAL CARGOES APPEARED IN SE ASIA, GIVING A BIT PRESSURE ON RATES FOR END AUGUST SHIPMENTS - FEARNLEYS
Capesize
Slightly softer but generally very healthy for the big ships, with limited supply of early tonnage and positive Brazilian ore export v ...
Wednesday, 22 August 18
KOMIPO INVITES BIDS FOR 480K TONS OF BITUMINOUS COAL FOR BORYEONG POWER PLANT & SHIN BORYEONG POWER PLANTS
COALspot.com: South Korea state-owned utility Korea Midland Power (KOMIPO) issued a tender for 480,000 mt of min. 5700 NAR coal of Australian origi ...
Wednesday, 22 August 18
SHIPPING MARKET INSIGHT - GEORGE PANAGOPOULOS
During the most quite week of the summer period we witnessed a trade war between United States and Turkey. A battle, which started with the arrest ...
Monday, 20 August 18
SUPRAMAX: OVERALL IT WAS A POSITIVE WEEK FOR THE BSI INDEX WITH GAINS MADE - THE BALTIC BRIEFING
Capesize
A week of largely unfulfilled expectations with holidays again curbing activity. Rates remained essentially healthy, but despite bad wea ...
Friday, 17 August 18
DO ARBITRATION AGREEMENTS IN BILLS OF LADING BIND THEIR HOLDERS? - WFW
KNOWLEDGE TO ELEVATE
Bills of lading are a crucial part of the security package traditionally sought by trade finance providers.
...
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- Bukit Makmur.PT - Indonesia
- Rashtriya Ispat Nigam Limited - India
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- Altura Mining Limited, Indonesia
- Sindya Power Generating Company Private Ltd
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- Simpson Spence & Young - Indonesia
- White Energy Company Limited
- Independent Power Producers Association of India
- Vizag Seaport Private Limited - India
- New Zealand Coal & Carbon
- Sinarmas Energy and Mining - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Indian Oil Corporation Limited
- Ministry of Finance - Indonesia
- Parliament of New Zealand
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- Energy Development Corp, Philippines
- Indika Energy - Indonesia
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- Gujarat Mineral Development Corp Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Pendopo Energi Batubara - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- ICICI Bank Limited - India
- Binh Thuan Hamico - Vietnam
- GN Power Mariveles Coal Plant, Philippines
- Price Waterhouse Coopers - Russia
- Directorate General of MIneral and Coal - Indonesia
- The University of Queensland
- Samtan Co., Ltd - South Korea
- Formosa Plastics Group - Taiwan
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- Tata Chemicals Ltd - India
- European Bulk Services B.V. - Netherlands
- India Bulls Power Limited - India
- MS Steel International - UAE
- Ministry of Transport, Egypt
- Bangladesh Power Developement Board
- Bhoruka Overseas - Indonesia
- ASAPP Information Group - India
- Parry Sugars Refinery, India
- Toyota Tsusho Corporation, Japan
- Trasteel International SA, Italy
- McConnell Dowell - Australia
- Gujarat Electricity Regulatory Commission - India
- Thai Mozambique Logistica
- Timah Investasi Mineral - Indoneisa
- SMG Consultants - Indonesia
- Commonwealth Bank - Australia
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- Energy Link Ltd, New Zealand
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- Alfred C Toepfer International GmbH - Germany
- Antam Resourcindo - Indonesia
- Sarangani Energy Corporation, Philippines
- Barasentosa Lestari - Indonesia
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- IEA Clean Coal Centre - UK
- Petron Corporation, Philippines
- Rio Tinto Coal - Australia
- Minerals Council of Australia
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- Uttam Galva Steels Limited - India
- Mjunction Services Limited - India
- Renaissance Capital - South Africa
- Medco Energi Mining Internasional
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- Sojitz Corporation - Japan
- Bulk Trading Sa - Switzerland
- Borneo Indobara - Indonesia
- Siam City Cement PLC, Thailand
- Videocon Industries ltd - India
- Deloitte Consulting - India
- Georgia Ports Authority, United States
- Posco Energy - South Korea
- Indo Tambangraya Megah - Indonesia
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- Leighton Contractors Pty Ltd - Australia
- Singapore Mercantile Exchange
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- Coastal Gujarat Power Limited - India
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- GVK Power & Infra Limited - India
- Kepco SPC Power Corporation, Philippines
- Romanian Commodities Exchange
- Mercuria Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- LBH Netherlands Bv - Netherlands
- The Treasury - Australian Government
- Bhatia International Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Intertek Mineral Services - Indonesia
- Anglo American - United Kingdom
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Global Business Power Corporation, Philippines
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- TNB Fuel Sdn Bhd - Malaysia
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- Savvy Resources Ltd - HongKong
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Banpu Public Company Limited - Thailand
- Bayan Resources Tbk. - Indonesia
- Ambuja Cements Ltd - India
- TeaM Sual Corporation - Philippines
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- London Commodity Brokers - England
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- Indian Energy Exchange, India
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- Kobexindo Tractors - Indoneisa
- Kumho Petrochemical, South Korea
- Carbofer General Trading SA - India
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- Wood Mackenzie - Singapore
- Mercator Lines Limited - India
- Cigading International Bulk Terminal - Indonesia
- GMR Energy Limited - India
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- CNBM International Corporation - China
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