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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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Tuesday, 01 May 18
SUPRAMAX: COAL RUNS, A 61,000-DWT WAS FIXED BASIS DELIVERY SURABAYA, FOR A TRIP VIA INDONESIA, RE-DELIVERY INDIA AT $15,000 - BALTIC BRIEFING
Capesize
Rates eased in the East, as the week closed out with the momentum slowing. Levels on the key West Australia/China run dropped to $7.25 ...
Tuesday, 01 May 18
GLOBAL MINER PEABODY EYES SALES OPPORTUNITY IN INDIA’S RISING COAL IMPORTS - BUSINESS STANDARD
Indian imports of coal will continue to rise, reckons the world’s largest private sector coal miner Peabody Energy. Glenn Kellow, president a ...
Saturday, 28 April 18
STRONG ASIAN DEMAND CONTINUES TO HOLD UP THERMAL COAL MARKETS - REUTERS
Asian thermal coal demand is defying its typical seasonal slowdown as well as the expanding use of renewables and natural gas, with prices holding ...
Friday, 27 April 18
PEABODY ENERGY'S REVENUES FOR THE FIRST QUARTER ROSE 10 PERCENT OVER THE PRIOR YEAR TO $1.46 BILLION
Peabody Energy's revenues for the first quarter rose 10 percent over the prior year to $1.46 billion driven by improved seaborne coal pricing a ...
Thursday, 26 April 18
BALTIC EXCHANGE LAUNCHES ESCROW SERVICE FOR VESSEL SALES
The Baltic Exchange will be launching an Escrow Service for its members to hold deposits for ship sale transactions. The move will allow Baltic Exc ...
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- Mintek Dendrill Indonesia
- Electricity Authority, New Zealand
- ASAPP Information Group - India
- International Coal Ventures Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Bangladesh Power Developement Board
- Petron Corporation, Philippines
- Medco Energi Mining Internasional
- South Luzon Thermal Energy Corporation
- TNB Fuel Sdn Bhd - Malaysia
- Salva Resources Pvt Ltd - India
- Interocean Group of Companies - India
- PNOC Exploration Corporation - Philippines
- PowerSource Philippines DevCo
- Simpson Spence & Young - Indonesia
- Eastern Energy - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Metalloyd Limited - United Kingdom
- Ministry of Transport, Egypt
- Commonwealth Bank - Australia
- Savvy Resources Ltd - HongKong
- PTC India Limited - India
- Indika Energy - Indonesia
- Bukit Baiduri Energy - Indonesia
- Deloitte Consulting - India
- Sical Logistics Limited - India
- Mercuria Energy - Indonesia
- Oldendorff Carriers - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Intertek Mineral Services - Indonesia
- Gujarat Sidhee Cement - India
- Meenaskhi Energy Private Limited - India
- Chettinad Cement Corporation Ltd - India
- Merrill Lynch Commodities Europe
- Malabar Cements Ltd - India
- Kepco SPC Power Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Samtan Co., Ltd - South Korea
- Gujarat Electricity Regulatory Commission - India
- San Jose City I Power Corp, Philippines
- IHS Mccloskey Coal Group - USA
- Edison Trading Spa - Italy
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Larsen & Toubro Limited - India
- Siam City Cement - Thailand
- GAC Shipping (India) Pvt Ltd
- Madhucon Powers Ltd - India
- Iligan Light & Power Inc, Philippines
- Star Paper Mills Limited - India
- Global Green Power PLC Corporation, Philippines
- Ministry of Mines - Canada
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bayan Resources Tbk. - Indonesia
- Essar Steel Hazira Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indian Oil Corporation Limited
- Vizag Seaport Private Limited - India
- Lanco Infratech Ltd - India
- TeaM Sual Corporation - Philippines
- White Energy Company Limited
- Videocon Industries ltd - India
- CIMB Investment Bank - Malaysia
- Central Electricity Authority - India
- Indogreen Group - Indonesia
- Heidelberg Cement - Germany
- LBH Netherlands Bv - Netherlands
- Economic Council, Georgia
- Sindya Power Generating Company Private Ltd
- Globalindo Alam Lestari - Indonesia
- Directorate Of Revenue Intelligence - India
- Global Business Power Corporation, Philippines
- Energy Development Corp, Philippines
- Indian Energy Exchange, India
- Petrochimia International Co. Ltd.- Taiwan
- CNBM International Corporation - China
- Kalimantan Lumbung Energi - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Thai Mozambique Logistica
- Georgia Ports Authority, United States
- Sinarmas Energy and Mining - Indonesia
- Planning Commission, India
- Coastal Gujarat Power Limited - India
- Thiess Contractors Indonesia
- Miang Besar Coal Terminal - Indonesia
- Jindal Steel & Power Ltd - India
- Uttam Galva Steels Limited - India
- Eastern Coal Council - USA
- Coal and Oil Company - UAE
- Electricity Generating Authority of Thailand
- Bhoruka Overseas - Indonesia
- OPG Power Generation Pvt Ltd - India
- Ministry of Finance - Indonesia
- Altura Mining Limited, Indonesia
- Riau Bara Harum - Indonesia
- Siam City Cement PLC, Thailand
- GN Power Mariveles Coal Plant, Philippines
- The State Trading Corporation of India Ltd
- Toyota Tsusho Corporation, Japan
- Romanian Commodities Exchange
- Baramulti Group, Indonesia
- Ambuja Cements Ltd - India
- Grasim Industreis Ltd - India
- Xindia Steels Limited - India
- Semirara Mining and Power Corporation, Philippines
- London Commodity Brokers - England
- SN Aboitiz Power Inc, Philippines
- Bhushan Steel Limited - India
- IEA Clean Coal Centre - UK
- Borneo Indobara - Indonesia
- Sarangani Energy Corporation, Philippines
- Wilmar Investment Holdings
- The University of Queensland
- Orica Mining Services - Indonesia
- Sojitz Corporation - Japan
- Carbofer General Trading SA - India
- Kobexindo Tractors - Indoneisa
- Kaltim Prima Coal - Indonesia
- Manunggal Multi Energi - Indonesia
- Semirara Mining Corp, Philippines
- Parliament of New Zealand
- Karaikal Port Pvt Ltd - India
- Trasteel International SA, Italy
- Tata Chemicals Ltd - India
- Mjunction Services Limited - India
- Orica Australia Pty. Ltd.
- Jaiprakash Power Ventures ltd
- Cement Manufacturers Association - India
- Independent Power Producers Association of India
- PetroVietnam Power Coal Import and Supply Company
- Global Coal Blending Company Limited - Australia
- AsiaOL BioFuels Corp., Philippines
- VISA Power Limited - India
- The Treasury - Australian Government
- Price Waterhouse Coopers - Russia
- Bharathi Cement Corporation - India
- Wood Mackenzie - Singapore
- Parry Sugars Refinery, India
- Kartika Selabumi Mining - Indonesia
- McConnell Dowell - Australia
- Kideco Jaya Agung - Indonesia
- Power Finance Corporation Ltd., India
- Kapuas Tunggal Persada - Indonesia
- Kumho Petrochemical, South Korea
- Timah Investasi Mineral - Indoneisa
- Vijayanagar Sugar Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Attock Cement Pakistan Limited
- Therma Luzon, Inc, Philippines
- Ind-Barath Power Infra Limited - India
- Binh Thuan Hamico - Vietnam
- ICICI Bank Limited - India
- New Zealand Coal & Carbon
- MS Steel International - UAE
- Latin American Coal - Colombia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dalmia Cement Bharat India
- Neyveli Lignite Corporation Ltd, - India
- Barasentosa Lestari - Indonesia
- Rio Tinto Coal - Australia
- Indonesian Coal Mining Association
- Antam Resourcindo - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Sakthi Sugars Limited - India
- India Bulls Power Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Rashtriya Ispat Nigam Limited - India
- Meralco Power Generation, Philippines
- Standard Chartered Bank - UAE
- Banpu Public Company Limited - Thailand
- Chamber of Mines of South Africa
- Goldman Sachs - Singapore
- Renaissance Capital - South Africa
- Bulk Trading Sa - Switzerland
- Australian Coal Association
- Coalindo Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Tamil Nadu electricity Board
- Australian Commodity Traders Exchange
- Formosa Plastics Group - Taiwan
- Pendopo Energi Batubara - Indonesia
- Makarim & Taira - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Aboitiz Power Corporation - Philippines
- Bhatia International Limited - India
- Marubeni Corporation - India
- Straits Asia Resources Limited - Singapore
- Agrawal Coal Company - India
- Karbindo Abesyapradhi - Indoneisa
- Mercator Lines Limited - India
- Bukit Makmur.PT - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Posco Energy - South Korea
- GMR Energy Limited - India
- European Bulk Services B.V. - Netherlands
- Vedanta Resources Plc - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Gujarat Mineral Development Corp Ltd - India
- Singapore Mercantile Exchange
- Ceylon Electricity Board - Sri Lanka
- Africa Commodities Group - South Africa
- Aditya Birla Group - India
- Cigading International Bulk Terminal - Indonesia
- Anglo American - United Kingdom
- SMG Consultants - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Bukit Asam (Persero) Tbk - Indonesia
- Port Waratah Coal Services - Australia
- SMC Global Power, Philippines
- Maheswari Brothers Coal Limited - India
- Sree Jayajothi Cements Limited - India
- Energy Link Ltd, New Zealand
- Indo Tambangraya Megah - Indonesia
- Central Java Power - Indonesia
- GVK Power & Infra Limited - India
- Billiton Holdings Pty Ltd - Australia
- Minerals Council of Australia
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