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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, 26 April 18
COAL PRICES ARE EXPECTED TO AVERAGE $85/MT IN 2018, DOWN SLIGHTLY FROM 2017 - WORLD BANK
Coal prices rose 4 percent in the first quarter (q/q), following a surge of 34 percent in 2017, mainly due to strong consumption in China spurred b ...
Wednesday, 25 April 18
TANKER MARKET INSIGHT - THEODOROS NTALAKOS
We had the opportunity to be part of Intertanko's Hellenic Mediterranean Panel last week in the SNFCC and to present an outlook on the tanker f ...
Tuesday, 24 April 18
IMPORTING INDONESIAN COAL MAKES SENSE FOR INDIAN COASTAL PLANTS EVEN WHEN IT IS COSTLIER THAN INDIAN - ECONOMIC TIMES
Rising Indonesian coal production and lower Chinese demand have pulled down Indonesian coal prices by 22% over the last 45 days, a trend that augur ...
Tuesday, 24 April 18
IMO AIMS TO HALVE GLOBAL SHIPPING EMISSIONS - BUT WHAT WILL IT COST? - WOOD MACKENZIE
Global bunker fuel costs could rise by up to US$60 billion annually from 2020, in a full compliance scenario, when the International Maritim ...
Tuesday, 24 April 18
TWO 56K-DWT OPEN HONG KONG AND SINGAPORE WERE FIXED FOR INDONESIA COAL TRIPS TO CHINA, AT $9,500 AND $11,000 RESPECTIVELY - BALTIC BRIEFING
Capesize
This week has seen the Cape 5 timecharter weighted average almost double. Similarly, the Brazil to China ore rates climbed over $4.50, f ...
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Showing 1736 to 1740 news of total 6871 |
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- TNB Fuel Sdn Bhd - Malaysia
- PowerSource Philippines DevCo
- Star Paper Mills Limited - India
- Oldendorff Carriers - Singapore
- Australian Commodity Traders Exchange
- Bhushan Steel Limited - India
- Medco Energi Mining Internasional
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- The University of Queensland
- Aboitiz Power Corporation - Philippines
- Semirara Mining Corp, Philippines
- GAC Shipping (India) Pvt Ltd
- McConnell Dowell - Australia
- Sakthi Sugars Limited - India
- The State Trading Corporation of India Ltd
- Independent Power Producers Association of India
- Ceylon Electricity Board - Sri Lanka
- OPG Power Generation Pvt Ltd - India
- Trasteel International SA, Italy
- Offshore Bulk Terminal Pte Ltd, Singapore
- Cement Manufacturers Association - India
- Indogreen Group - Indonesia
- Dalmia Cement Bharat India
- Metalloyd Limited - United Kingdom
- Gujarat Electricity Regulatory Commission - India
- Samtan Co., Ltd - South Korea
- Barasentosa Lestari - Indonesia
- Intertek Mineral Services - Indonesia
- Global Green Power PLC Corporation, Philippines
- Ministry of Finance - Indonesia
- Jindal Steel & Power Ltd - India
- Eastern Energy - Thailand
- Africa Commodities Group - South Africa
- Ambuja Cements Ltd - India
- Vizag Seaport Private Limited - India
- Ministry of Transport, Egypt
- Electricity Generating Authority of Thailand
- Vedanta Resources Plc - India
- Wood Mackenzie - Singapore
- Indian Energy Exchange, India
- Sindya Power Generating Company Private Ltd
- Malabar Cements Ltd - India
- Parry Sugars Refinery, India
- Kohat Cement Company Ltd. - Pakistan
- Price Waterhouse Coopers - Russia
- Karbindo Abesyapradhi - Indoneisa
- SMG Consultants - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Karaikal Port Pvt Ltd - India
- Siam City Cement - Thailand
- Banpu Public Company Limited - Thailand
- GN Power Mariveles Coal Plant, Philippines
- Alfred C Toepfer International GmbH - Germany
- The Treasury - Australian Government
- Sojitz Corporation - Japan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- White Energy Company Limited
- Coalindo Energy - Indonesia
- Indonesian Coal Mining Association
- Interocean Group of Companies - India
- Kobexindo Tractors - Indoneisa
- ICICI Bank Limited - India
- Central Electricity Authority - India
- Videocon Industries ltd - India
- GMR Energy Limited - India
- Tamil Nadu electricity Board
- Simpson Spence & Young - Indonesia
- Toyota Tsusho Corporation, Japan
- Sree Jayajothi Cements Limited - India
- Mercuria Energy - Indonesia
- Essar Steel Hazira Ltd - India
- Planning Commission, India
- San Jose City I Power Corp, Philippines
- Power Finance Corporation Ltd., India
- Global Coal Blending Company Limited - Australia
- Kaltim Prima Coal - Indonesia
- IEA Clean Coal Centre - UK
- Semirara Mining and Power Corporation, Philippines
- Riau Bara Harum - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ministry of Mines - Canada
- IHS Mccloskey Coal Group - USA
- Agrawal Coal Company - India
- Carbofer General Trading SA - India
- SMC Global Power, Philippines
- Eastern Coal Council - USA
- Binh Thuan Hamico - Vietnam
- CNBM International Corporation - China
- Posco Energy - South Korea
- Borneo Indobara - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Kartika Selabumi Mining - Indonesia
- Makarim & Taira - Indonesia
- Orica Australia Pty. Ltd.
- Petron Corporation, Philippines
- Sical Logistics Limited - India
- Antam Resourcindo - Indonesia
- Gujarat Sidhee Cement - India
- Petrochimia International Co. Ltd.- Taiwan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Grasim Industreis Ltd - India
- Straits Asia Resources Limited - Singapore
- Iligan Light & Power Inc, Philippines
- Altura Mining Limited, Indonesia
- Kideco Jaya Agung - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Rio Tinto Coal - Australia
- Cigading International Bulk Terminal - Indonesia
- Romanian Commodities Exchange
- Mjunction Services Limited - India
- Mercator Lines Limited - India
- Port Waratah Coal Services - Australia
- Heidelberg Cement - Germany
- Australian Coal Association
- Aditya Birla Group - India
- Kepco SPC Power Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Tata Chemicals Ltd - India
- PTC India Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Krishnapatnam Port Company Ltd. - India
- South Luzon Thermal Energy Corporation
- Bangladesh Power Developement Board
- London Commodity Brokers - England
- Standard Chartered Bank - UAE
- Globalindo Alam Lestari - Indonesia
- Kumho Petrochemical, South Korea
- CIMB Investment Bank - Malaysia
- Rashtriya Ispat Nigam Limited - India
- Manunggal Multi Energi - Indonesia
- Orica Mining Services - Indonesia
- Coal and Oil Company - UAE
- Chettinad Cement Corporation Ltd - India
- Marubeni Corporation - India
- Sinarmas Energy and Mining - Indonesia
- Minerals Council of Australia
- LBH Netherlands Bv - Netherlands
- Kapuas Tunggal Persada - Indonesia
- International Coal Ventures Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Xindia Steels Limited - India
- Billiton Holdings Pty Ltd - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Maharashtra Electricity Regulatory Commission - India
- MS Steel International - UAE
- Meralco Power Generation, Philippines
- Economic Council, Georgia
- Indian Oil Corporation Limited
- Bukit Makmur.PT - Indonesia
- Bhatia International Limited - India
- Coastal Gujarat Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Renaissance Capital - South Africa
- Energy Link Ltd, New Zealand
- Goldman Sachs - Singapore
- Central Java Power - Indonesia
- Indika Energy - Indonesia
- Salva Resources Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Lanco Infratech Ltd - India
- TeaM Sual Corporation - Philippines
- AsiaOL BioFuels Corp., Philippines
- Larsen & Toubro Limited - India
- European Bulk Services B.V. - Netherlands
- Holcim Trading Pte Ltd - Singapore
- Electricity Authority, New Zealand
- Savvy Resources Ltd - HongKong
- Siam City Cement PLC, Thailand
- ASAPP Information Group - India
- Ind-Barath Power Infra Limited - India
- Indo Tambangraya Megah - Indonesia
- Directorate Of Revenue Intelligence - India
- VISA Power Limited - India
- Timah Investasi Mineral - Indoneisa
- Mintek Dendrill Indonesia
- Edison Trading Spa - Italy
- Bhoruka Overseas - Indonesia
- Parliament of New Zealand
- Attock Cement Pakistan Limited
- Baramulti Group, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Therma Luzon, Inc, Philippines
- Miang Besar Coal Terminal - Indonesia
- Deloitte Consulting - India
- Pendopo Energi Batubara - Indonesia
- Thai Mozambique Logistica
- Energy Development Corp, Philippines
- Uttam Galva Steels Limited - India
- Singapore Mercantile Exchange
- Bharathi Cement Corporation - India
- GVK Power & Infra Limited - India
- Global Business Power Corporation, Philippines
- Anglo American - United Kingdom
- Wilmar Investment Holdings
- Madhucon Powers Ltd - India
- Georgia Ports Authority, United States
- Formosa Plastics Group - Taiwan
- Maheswari Brothers Coal Limited - India
- Meenaskhi Energy Private Limited - India
- Commonwealth Bank - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Gujarat Mineral Development Corp Ltd - India
- New Zealand Coal & Carbon
- Latin American Coal - Colombia
- Jaiprakash Power Ventures ltd
- Chamber of Mines of South Africa
- India Bulls Power Limited - India
- Merrill Lynch Commodities Europe
- SN Aboitiz Power Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Sarangani Energy Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Jorong Barutama Greston.PT - Indonesia
- Bayan Resources Tbk. - Indonesia
- Thiess Contractors Indonesia
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