We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
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
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Monday, 28 May 18
KOMIPO ISSUED ANOTHER TENDER FOR 130K MT OF 5700 NAR COAL
COALspot.com: South Korea state-owned utility Korea Midland Power (KOMIPO) issued a tender for 130,000 mt of min. 5700 NAR coal of Australian origi ...
Thursday, 24 May 18
SUPRAS FIXING AROUND USD 15000 FOR INDO TO CHINA COAL TRIPS - FEARNLEYS
Capesize
Both the physical and the paper market have dropped sharply the last couple of days on the back of a lack of fresh cargoes and a growing ...
Thursday, 24 May 18
FITCH: FALLING COAL INVESTMENT TO SUPPORT ASIAN PRICES
Press Release: The long-term outlook for the Asian thermal coal prices is improving, amid rising regional demand and falling mining investment, whi ...
Thursday, 24 May 18
BEIJING ORDERS UTILITIES, MINERS TO HELP COOL RED-HOT COAL MARKET: SOURCES - REUTERS
China’s state planner ordered utilities this week to stop stockpiling thermal coal and told miners to slash prices, two sources familiar with ...
Wednesday, 23 May 18
TANKER MARKET INSIGHT - TIMOS PAPADIMITRIOU
In the last six months we have seen more than 110 reported tanker transactions involving tonnage larger than 32k dwt and younger than 18 years old. ...
|
|
|
Showing 1716 to 1720 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Xindia Steels Limited - India
- Sical Logistics Limited - India
- Parry Sugars Refinery, India
- Barasentosa Lestari - Indonesia
- Central Electricity Authority - India
- Heidelberg Cement - Germany
- Pendopo Energi Batubara - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indian Energy Exchange, India
- Commonwealth Bank - Australia
- Dalmia Cement Bharat India
- Bulk Trading Sa - Switzerland
- Thai Mozambique Logistica
- GVK Power & Infra Limited - India
- Metalloyd Limited - United Kingdom
- Baramulti Group, Indonesia
- Chamber of Mines of South Africa
- Jorong Barutama Greston.PT - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Agrawal Coal Company - India
- IEA Clean Coal Centre - UK
- Global Green Power PLC Corporation, Philippines
- London Commodity Brokers - England
- India Bulls Power Limited - India
- Minerals Council of Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Singapore Mercantile Exchange
- Riau Bara Harum - Indonesia
- Larsen & Toubro Limited - India
- Semirara Mining Corp, Philippines
- Kapuas Tunggal Persada - Indonesia
- Global Coal Blending Company Limited - Australia
- Madhucon Powers Ltd - India
- Siam City Cement - Thailand
- Sarangani Energy Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Oldendorff Carriers - Singapore
- Binh Thuan Hamico - Vietnam
- Australian Commodity Traders Exchange
- Meenaskhi Energy Private Limited - India
- Miang Besar Coal Terminal - Indonesia
- Kideco Jaya Agung - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indian Oil Corporation Limited
- OPG Power Generation Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- New Zealand Coal & Carbon
- Antam Resourcindo - Indonesia
- International Coal Ventures Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Gujarat Sidhee Cement - India
- European Bulk Services B.V. - Netherlands
- Ministry of Mines - Canada
- Kumho Petrochemical, South Korea
- Globalindo Alam Lestari - Indonesia
- VISA Power Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Star Paper Mills Limited - India
- Banpu Public Company Limited - Thailand
- Kalimantan Lumbung Energi - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Central Java Power - Indonesia
- Kepco SPC Power Corporation, Philippines
- Meralco Power Generation, Philippines
- LBH Netherlands Bv - Netherlands
- IHS Mccloskey Coal Group - USA
- Mintek Dendrill Indonesia
- Rashtriya Ispat Nigam Limited - India
- Bayan Resources Tbk. - Indonesia
- Electricity Generating Authority of Thailand
- Port Waratah Coal Services - Australia
- Directorate Of Revenue Intelligence - India
- Intertek Mineral Services - Indonesia
- Sree Jayajothi Cements Limited - India
- Aboitiz Power Corporation - Philippines
- Tata Chemicals Ltd - India
- Economic Council, Georgia
- Merrill Lynch Commodities Europe
- Kohat Cement Company Ltd. - Pakistan
- Maharashtra Electricity Regulatory Commission - India
- Deloitte Consulting - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- ICICI Bank Limited - India
- Energy Development Corp, Philippines
- Salva Resources Pvt Ltd - India
- Attock Cement Pakistan Limited
- Ceylon Electricity Board - Sri Lanka
- Bharathi Cement Corporation - India
- Karaikal Port Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- South Luzon Thermal Energy Corporation
- Posco Energy - South Korea
- Planning Commission, India
- Standard Chartered Bank - UAE
- Lanco Infratech Ltd - India
- Indonesian Coal Mining Association
- Power Finance Corporation Ltd., India
- Sakthi Sugars Limited - India
- Essar Steel Hazira Ltd - India
- Toyota Tsusho Corporation, Japan
- Anglo American - United Kingdom
- Borneo Indobara - Indonesia
- Cement Manufacturers Association - India
- Billiton Holdings Pty Ltd - Australia
- Mercuria Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- Orica Australia Pty. Ltd.
- AsiaOL BioFuels Corp., Philippines
- The State Trading Corporation of India Ltd
- Coastal Gujarat Power Limited - India
- Sinarmas Energy and Mining - Indonesia
- Electricity Authority, New Zealand
- Simpson Spence & Young - Indonesia
- Orica Mining Services - Indonesia
- Timah Investasi Mineral - Indoneisa
- The University of Queensland
- Carbofer General Trading SA - India
- Altura Mining Limited, Indonesia
- Malabar Cements Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Africa Commodities Group - South Africa
- Eastern Coal Council - USA
- Kartika Selabumi Mining - Indonesia
- Parliament of New Zealand
- Indo Tambangraya Megah - Indonesia
- Ind-Barath Power Infra Limited - India
- Holcim Trading Pte Ltd - Singapore
- PNOC Exploration Corporation - Philippines
- Edison Trading Spa - Italy
- Bhatia International Limited - India
- Coal and Oil Company - UAE
- Coalindo Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- SMC Global Power, Philippines
- Renaissance Capital - South Africa
- SMG Consultants - Indonesia
- Eastern Energy - Thailand
- Interocean Group of Companies - India
- Petrochimia International Co. Ltd.- Taiwan
- Mjunction Services Limited - India
- Ambuja Cements Ltd - India
- Energy Link Ltd, New Zealand
- Trasteel International SA, Italy
- Georgia Ports Authority, United States
- Sojitz Corporation - Japan
- Medco Energi Mining Internasional
- Indogreen Group - Indonesia
- Latin American Coal - Colombia
- Rio Tinto Coal - Australia
- Mercator Lines Limited - India
- Grasim Industreis Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Jaiprakash Power Ventures ltd
- San Jose City I Power Corp, Philippines
- McConnell Dowell - Australia
- Independent Power Producers Association of India
- Indika Energy - Indonesia
- CNBM International Corporation - China
- Sindya Power Generating Company Private Ltd
- ASAPP Information Group - India
- Tamil Nadu electricity Board
- Price Waterhouse Coopers - Russia
- Petron Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- The Treasury - Australian Government
- PowerSource Philippines DevCo
- Wood Mackenzie - Singapore
- Savvy Resources Ltd - HongKong
- White Energy Company Limited
- Kaltim Prima Coal - Indonesia
- Bhushan Steel Limited - India
- Samtan Co., Ltd - South Korea
- GMR Energy Limited - India
- Makarim & Taira - Indonesia
- Thiess Contractors Indonesia
- Vizag Seaport Private Limited - India
- Videocon Industries ltd - India
- Bukit Makmur.PT - Indonesia
- MS Steel International - UAE
- Global Business Power Corporation, Philippines
- PTC India Limited - India
- Wilmar Investment Holdings
- Iligan Light & Power Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Gujarat Electricity Regulatory Commission - India
- SN Aboitiz Power Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Bukit Baiduri Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Siam City Cement PLC, Thailand
- Goldman Sachs - Singapore
- Formosa Plastics Group - Taiwan
- Straits Asia Resources Limited - Singapore
- Bangladesh Power Developement Board
- Aditya Birla Group - India
- TeaM Sual Corporation - Philippines
- GN Power Mariveles Coal Plant, Philippines
- CIMB Investment Bank - Malaysia
- Manunggal Multi Energi - Indonesia
- Ministry of Finance - Indonesia
- Bhoruka Overseas - Indonesia
- Marubeni Corporation - India
- PetroVietnam Power Coal Import and Supply Company
- Neyveli Lignite Corporation Ltd, - India
- Vedanta Resources Plc - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Ministry of Transport, Egypt
- Romanian Commodities Exchange
- Cigading International Bulk Terminal - Indonesia
- Australian Coal Association
- Uttam Galva Steels Limited - India
- Semirara Mining and Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
|
| |
| |
|