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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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Wednesday, 13 June 18
SHIPPING MARKET INSIGHT - SOPHIE COTZIAS
2018 marks quite a few milestones for Greek Shipping. No need to detail again the greatness of Greek Shipping or the singular position that Greek s ...
Monday, 11 June 18
AUSTRALIAN COAL PRICES HIT 6-YEAR HIGH AS ASIA DEMAND SPIKES - REUTERS
Australian thermal coal prices have risen to their highest level since 2012 as hot weather across North Asia spurs buying ahead of the peak summer ...
Monday, 11 June 18
ANALYSING A NEW AGE OF AUTONOMOUS VESSELS - IMO
The International Maritime Organization answers the questions of Government Europa on how the next generation of autonomous vessels can be regulate ...
Friday, 08 June 18
AUSTRALIAN THERMAL COAL PRICES SURGE AS ASIA DEMAND HEATS UP - REUTERS
Australian thermal coal prices have hit their highest level since late 2016 as the market heats up on strong demand across North Asia and China in ...
Wednesday, 06 June 18
SHIPPING MARKET INSIGHT - KATERINA RESTIS
As observed last month the price of oil hit its highest level since November 2014 reaching $80 per barrel. Global oil demand growth for 2018 was sl ...
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- Marubeni Corporation - India
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- Global Coal Blending Company Limited - Australia
- Semirara Mining Corp, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Intertek Mineral Services - Indonesia
- Grasim Industreis Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Carbofer General Trading SA - India
- Sojitz Corporation - Japan
- Indika Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Mercator Lines Limited - India
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- Electricity Generating Authority of Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Jindal Steel & Power Ltd - India
- The State Trading Corporation of India Ltd
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- Petron Corporation, Philippines
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- Mercuria Energy - Indonesia
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- Eastern Coal Council - USA
- Bhoruka Overseas - Indonesia
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- IHS Mccloskey Coal Group - USA
- Eastern Energy - Thailand
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- Sical Logistics Limited - India
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- ICICI Bank Limited - India
- Ceylon Electricity Board - Sri Lanka
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- Bulk Trading Sa - Switzerland
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- Miang Besar Coal Terminal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Standard Chartered Bank - UAE
- Central Electricity Authority - India
- Gujarat Electricity Regulatory Commission - India
- Africa Commodities Group - South Africa
- Port Waratah Coal Services - Australia
- Alfred C Toepfer International GmbH - Germany
- Kepco SPC Power Corporation, Philippines
- Bangladesh Power Developement Board
- ASAPP Information Group - India
- Price Waterhouse Coopers - Russia
- Parliament of New Zealand
- Kaltim Prima Coal - Indonesia
- Sindya Power Generating Company Private Ltd
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- Vizag Seaport Private Limited - India
- SMC Global Power, Philippines
- Ind-Barath Power Infra Limited - India
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- Vedanta Resources Plc - India
- Ministry of Transport, Egypt
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- Ministry of Mines - Canada
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- International Coal Ventures Pvt Ltd - India
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- PowerSource Philippines DevCo
- Salva Resources Pvt Ltd - India
- McConnell Dowell - Australia
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- Maheswari Brothers Coal Limited - India
- CNBM International Corporation - China
- Australian Commodity Traders Exchange
- Antam Resourcindo - Indonesia
- Wilmar Investment Holdings
- Indian Oil Corporation Limited
- Energy Link Ltd, New Zealand
- IEA Clean Coal Centre - UK
- VISA Power Limited - India
- Bukit Baiduri Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Ministry of Finance - Indonesia
- Coalindo Energy - Indonesia
- GMR Energy Limited - India
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- European Bulk Services B.V. - Netherlands
- Mjunction Services Limited - India
- Makarim & Taira - Indonesia
- Oldendorff Carriers - Singapore
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- TNB Fuel Sdn Bhd - Malaysia
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- Directorate Of Revenue Intelligence - India
- Star Paper Mills Limited - India
- Globalindo Alam Lestari - Indonesia
- SMG Consultants - Indonesia
- Gujarat Sidhee Cement - India
- White Energy Company Limited
- Minerals Council of Australia
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- LBH Netherlands Bv - Netherlands
- Independent Power Producers Association of India
- Medco Energi Mining Internasional
- SN Aboitiz Power Inc, Philippines
- Edison Trading Spa - Italy
- Simpson Spence & Young - Indonesia
- OPG Power Generation Pvt Ltd - India
- Chamber of Mines of South Africa
- Manunggal Multi Energi - Indonesia
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- Lanco Infratech Ltd - India
- Videocon Industries ltd - India
- Coastal Gujarat Power Limited - India
- Merrill Lynch Commodities Europe
- Larsen & Toubro Limited - India
- Meralco Power Generation, Philippines
- Rio Tinto Coal - Australia
- Borneo Indobara - Indonesia
- Renaissance Capital - South Africa
- Latin American Coal - Colombia
- The Treasury - Australian Government
- Wood Mackenzie - Singapore
- Indo Tambangraya Megah - Indonesia
- PNOC Exploration Corporation - Philippines
- Heidelberg Cement - Germany
- Riau Bara Harum - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- PTC India Limited - India
- Commonwealth Bank - Australia
- New Zealand Coal & Carbon
- Singapore Mercantile Exchange
- Banpu Public Company Limited - Thailand
- Deloitte Consulting - India
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- Anglo American - United Kingdom
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- Trasteel International SA, Italy
- Maharashtra Electricity Regulatory Commission - India
- Kartika Selabumi Mining - Indonesia
- Orica Mining Services - Indonesia
- Orica Australia Pty. Ltd.
- Billiton Holdings Pty Ltd - Australia
- Georgia Ports Authority, United States
- Altura Mining Limited, Indonesia
- The University of Queensland
- London Commodity Brokers - England
- Indian Energy Exchange, India
- Sakthi Sugars Limited - India
- Aditya Birla Group - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Holcim Trading Pte Ltd - Singapore
- Therma Luzon, Inc, Philippines
- Goldman Sachs - Singapore
- Siam City Cement - Thailand
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- San Jose City I Power Corp, Philippines
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