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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, 20 March 18
SHIPPING MARKET ANALYSIS - GEORGE LAZARIDIS
It has been a chilling start to the week for the global economy, with the vast majority of stock exchanges noting a fair drop, after a series of se ...
Tuesday, 20 March 18
TRAFIGURA GROUP PTE LTD SIGNS RECORD US$5.725 BILLION EUROPEAN MULTICURRENCY SYNDICATED REVOLVING CREDIT FACILITIES AND JPY72.64 BILLION DENOMINATED THREE YEAR TERM LOAN
Press Release: Trafigura Group Pte Ltd. (“Trafigura” or the “Company”), a market leader in the global commodities industry, ...
Monday, 19 March 18
PANAMAX: DESPITE FEWER REPORTED PERIOD TRADES THIS WEEK, RATE LEVELS HAVE REMAINED SOLID - BALTIC BRIEFING
Capesize
There were finally reports of increased Brazil activity, but still largely unconfirmed. Vale reportedly took six ships Thursday for 5 Ap ...
Friday, 16 March 18
WEEKLY US COAL PRODUCTION DROPS 1.9 PER CENT WEEK OVER WEEK - EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 14.8 million short tons ...
Friday, 16 March 18
INDONESIA COAL PRICE CAP POSES LIMITED RISKS TO PRODUCERS : FITCH
Indonesia’s cap on the benchmark price of coal sold to the domestic electricity sector is unlikely to have a significant impact on the credit ...
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- Orica Mining Services - Indonesia
- Bukit Makmur.PT - Indonesia
- Tata Chemicals Ltd - India
- Mintek Dendrill Indonesia
- Trasteel International SA, Italy
- Makarim & Taira - Indonesia
- Binh Thuan Hamico - Vietnam
- ASAPP Information Group - India
- Timah Investasi Mineral - Indoneisa
- Global Business Power Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Aditya Birla Group - India
- Kohat Cement Company Ltd. - Pakistan
- Karbindo Abesyapradhi - Indoneisa
- Larsen & Toubro Limited - India
- Bukit Baiduri Energy - Indonesia
- Sakthi Sugars Limited - India
- Holcim Trading Pte Ltd - Singapore
- Savvy Resources Ltd - HongKong
- Medco Energi Mining Internasional
- Sinarmas Energy and Mining - Indonesia
- GVK Power & Infra Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Sojitz Corporation - Japan
- Formosa Plastics Group - Taiwan
- Agrawal Coal Company - India
- Aboitiz Power Corporation - Philippines
- Borneo Indobara - Indonesia
- Riau Bara Harum - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Indo Tambangraya Megah - Indonesia
- Bhushan Steel Limited - India
- Kapuas Tunggal Persada - Indonesia
- Indonesian Coal Mining Association
- Electricity Generating Authority of Thailand
- OPG Power Generation Pvt Ltd - India
- Economic Council, Georgia
- Ambuja Cements Ltd - India
- Kaltim Prima Coal - Indonesia
- Australian Commodity Traders Exchange
- PowerSource Philippines DevCo
- Banpu Public Company Limited - Thailand
- SN Aboitiz Power Inc, Philippines
- Coalindo Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Manunggal Multi Energi - Indonesia
- The State Trading Corporation of India Ltd
- Ind-Barath Power Infra Limited - India
- Kumho Petrochemical, South Korea
- Chettinad Cement Corporation Ltd - India
- Planning Commission, India
- Intertek Mineral Services - Indonesia
- Xindia Steels Limited - India
- Ministry of Mines - Canada
- Pendopo Energi Batubara - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Vedanta Resources Plc - India
- Maharashtra Electricity Regulatory Commission - India
- GMR Energy Limited - India
- Bharathi Cement Corporation - India
- Salva Resources Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Asmin Koalindo Tuhup - Indonesia
- Jaiprakash Power Ventures ltd
- White Energy Company Limited
- IHS Mccloskey Coal Group - USA
- Miang Besar Coal Terminal - Indonesia
- India Bulls Power Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Karaikal Port Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Commonwealth Bank - Australia
- Ceylon Electricity Board - Sri Lanka
- Billiton Holdings Pty Ltd - Australia
- South Luzon Thermal Energy Corporation
- Pipit Mutiara Jaya. PT, Indonesia
- GAC Shipping (India) Pvt Ltd
- Krishnapatnam Port Company Ltd. - India
- Therma Luzon, Inc, Philippines
- Thiess Contractors Indonesia
- Kartika Selabumi Mining - Indonesia
- The Treasury - Australian Government
- Mercator Lines Limited - India
- Star Paper Mills Limited - India
- Renaissance Capital - South Africa
- Independent Power Producers Association of India
- Energy Development Corp, Philippines
- LBH Netherlands Bv - Netherlands
- Tamil Nadu electricity Board
- Jindal Steel & Power Ltd - India
- Edison Trading Spa - Italy
- San Jose City I Power Corp, Philippines
- Oldendorff Carriers - Singapore
- Malabar Cements Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Attock Cement Pakistan Limited
- Iligan Light & Power Inc, Philippines
- VISA Power Limited - India
- Electricity Authority, New Zealand
- Sarangani Energy Corporation, Philippines
- Madhucon Powers Ltd - India
- The University of Queensland
- Meenaskhi Energy Private Limited - India
- Directorate Of Revenue Intelligence - India
- CNBM International Corporation - China
- Central Electricity Authority - India
- Carbofer General Trading SA - India
- Sree Jayajothi Cements Limited - India
- Antam Resourcindo - Indonesia
- Siam City Cement PLC, Thailand
- Singapore Mercantile Exchange
- Georgia Ports Authority, United States
- Dalmia Cement Bharat India
- Coal and Oil Company - UAE
- Petrochimia International Co. Ltd.- Taiwan
- Semirara Mining and Power Corporation, Philippines
- Baramulti Group, Indonesia
- Parry Sugars Refinery, India
- European Bulk Services B.V. - Netherlands
- Minerals Council of Australia
- PTC India Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Mercuria Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bulk Trading Sa - Switzerland
- Bank of Tokyo Mitsubishi UFJ Ltd
- Posco Energy - South Korea
- Wilmar Investment Holdings
- London Commodity Brokers - England
- Indogreen Group - Indonesia
- Deloitte Consulting - India
- Merrill Lynch Commodities Europe
- Toyota Tsusho Corporation, Japan
- Petron Corporation, Philippines
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- Gujarat Electricity Regulatory Commission - India
- Central Java Power - Indonesia
- Maheswari Brothers Coal Limited - India
- TeaM Sual Corporation - Philippines
- Heidelberg Cement - Germany
- Metalloyd Limited - United Kingdom
- Straits Asia Resources Limited - Singapore
- Kobexindo Tractors - Indoneisa
- Bukit Asam (Persero) Tbk - Indonesia
- Indian Oil Corporation Limited
- SMC Global Power, Philippines
- Bangladesh Power Developement Board
- SMG Consultants - Indonesia
- Lanco Infratech Ltd - India
- Bhoruka Overseas - Indonesia
- Eastern Coal Council - USA
- MS Steel International - UAE
- Eastern Energy - Thailand
- Price Waterhouse Coopers - Russia
- Anglo American - United Kingdom
- PetroVietnam Power Coal Import and Supply Company
- Essar Steel Hazira Ltd - India
- Rio Tinto Coal - Australia
- Wood Mackenzie - Singapore
- Bhatia International Limited - India
- Siam City Cement - Thailand
- Simpson Spence & Young - Indonesia
- PNOC Exploration Corporation - Philippines
- International Coal Ventures Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Indian Energy Exchange, India
- Rashtriya Ispat Nigam Limited - India
- Global Green Power PLC Corporation, Philippines
- Marubeni Corporation - India
- Leighton Contractors Pty Ltd - Australia
- Coastal Gujarat Power Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Standard Chartered Bank - UAE
- Bahari Cakrawala Sebuku - Indonesia
- Samtan Co., Ltd - South Korea
- Orica Australia Pty. Ltd.
- Romanian Commodities Exchange
- Barasentosa Lestari - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Mjunction Services Limited - India
- Australian Coal Association
- Latin American Coal - Colombia
- Semirara Mining Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Goldman Sachs - Singapore
- Parliament of New Zealand
- Thai Mozambique Logistica
- Energy Link Ltd, New Zealand
- Uttam Galva Steels Limited - India
- McConnell Dowell - Australia
- Videocon Industries ltd - India
- Kideco Jaya Agung - Indonesia
- Africa Commodities Group - South Africa
- Indika Energy - Indonesia
- Ministry of Finance - Indonesia
- Interocean Group of Companies - India
- Sindya Power Generating Company Private Ltd
- Cement Manufacturers Association - India
- Globalindo Alam Lestari - Indonesia
- Gujarat Sidhee Cement - India
- Altura Mining Limited, Indonesia
- Power Finance Corporation Ltd., India
- Grasim Industreis Ltd - India
- IEA Clean Coal Centre - UK
- Directorate General of MIneral and Coal - Indonesia
- Ministry of Transport, Egypt
- Kepco SPC Power Corporation, Philippines
- ICICI Bank Limited - India
- Port Waratah Coal Services - Australia
- Neyveli Lignite Corporation Ltd, - India
- Meralco Power Generation, Philippines
- Sical Logistics Limited - India
- New Zealand Coal & Carbon
- Chamber of Mines of South Africa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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