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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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Friday, 09 March 18
THE WORLD CANNOT KEEP IGNORING THE ASIAN COAL STORY - BENJAMIN SPORTON
There were significant changes in the global energy system in 2017, including the growth in electric vehicles, the rise of renewables and the conti ...
Friday, 09 March 18
U.S. EXPORTED 97 MMST OF COAL IN 2017, A 61 PER CENT INCREASE FROM 2016 - EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 15.1 million short tons ...
Thursday, 08 March 18
BUMA SIGNED OVER US$ 500 MILLION WORTH OF NEW CONTRACT WITH PT TANAH BUMBU RESOURCES
PT Delta Dunia Makmur Tbk., announced that its subsidiary, PT Bukit Makmur Mandiri Utama ("BUMA"), has entered into mining services ...
Thursday, 08 March 18
THE ENERGY CONTRIBUTION FROM COAL-BASED POWER PLANTS IS LIKELY TO INCREASE TO 1072 BU BY 2021-22 : PIB
Government of India has set an ambitious target of 175 GW from Renewable energy sources (RES) by 2022, which comprises of 100 GW Solar, 60GW from W ...
Thursday, 08 March 18
SUPRAMAX: THE MARKET IS STILL GOING STRONG IN THE PACIFIC - FEARNLEYS
Supramax
The market is still going strong in the Pacific, with Ultra fixing high US$ 13000+375000 bb for South Africa to ECI while nickel ore run ...
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- Power Finance Corporation Ltd., India
- Sarangani Energy Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Dalmia Cement Bharat India
- Mjunction Services Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Kobexindo Tractors - Indoneisa
- Kohat Cement Company Ltd. - Pakistan
- GMR Energy Limited - India
- Kartika Selabumi Mining - Indonesia
- The Treasury - Australian Government
- Gujarat Electricity Regulatory Commission - India
- Bayan Resources Tbk. - Indonesia
- Antam Resourcindo - Indonesia
- Banpu Public Company Limited - Thailand
- Karbindo Abesyapradhi - Indoneisa
- Ind-Barath Power Infra Limited - India
- Kalimantan Lumbung Energi - Indonesia
- SN Aboitiz Power Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Ministry of Mines - Canada
- Karaikal Port Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Finance - Indonesia
- White Energy Company Limited
- Australian Commodity Traders Exchange
- Singapore Mercantile Exchange
- Bukit Asam (Persero) Tbk - Indonesia
- Lanco Infratech Ltd - India
- Coastal Gujarat Power Limited - India
- Georgia Ports Authority, United States
- Independent Power Producers Association of India
- Minerals Council of Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kideco Jaya Agung - Indonesia
- Global Coal Blending Company Limited - Australia
- Medco Energi Mining Internasional
- Petrochimia International Co. Ltd.- Taiwan
- Gujarat Mineral Development Corp Ltd - India
- Renaissance Capital - South Africa
- Miang Besar Coal Terminal - Indonesia
- Cement Manufacturers Association - India
- Krishnapatnam Port Company Ltd. - India
- Globalindo Alam Lestari - Indonesia
- Wilmar Investment Holdings
- Attock Cement Pakistan Limited
- Toyota Tsusho Corporation, Japan
- Meenaskhi Energy Private Limited - India
- OPG Power Generation Pvt Ltd - India
- PTC India Limited - India
- Indian Energy Exchange, India
- Bhatia International Limited - India
- Iligan Light & Power Inc, Philippines
- Electricity Generating Authority of Thailand
- Semirara Mining Corp, Philippines
- Videocon Industries ltd - India
- Essar Steel Hazira Ltd - India
- Wood Mackenzie - Singapore
- Romanian Commodities Exchange
- Intertek Mineral Services - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Vizag Seaport Private Limited - India
- Global Business Power Corporation, Philippines
- Meralco Power Generation, Philippines
- Rio Tinto Coal - Australia
- IEA Clean Coal Centre - UK
- SMC Global Power, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- GN Power Mariveles Coal Plant, Philippines
- Mercator Lines Limited - India
- Ambuja Cements Ltd - India
- Simpson Spence & Young - Indonesia
- Larsen & Toubro Limited - India
- Commonwealth Bank - Australia
- European Bulk Services B.V. - Netherlands
- Uttam Galva Steels Limited - India
- AsiaOL BioFuels Corp., Philippines
- Baramulti Group, Indonesia
- Straits Asia Resources Limited - Singapore
- Economic Council, Georgia
- Eastern Coal Council - USA
- Ministry of Transport, Egypt
- Mercuria Energy - Indonesia
- New Zealand Coal & Carbon
- Billiton Holdings Pty Ltd - Australia
- Leighton Contractors Pty Ltd - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Metalloyd Limited - United Kingdom
- Bhushan Steel Limited - India
- Sojitz Corporation - Japan
- Timah Investasi Mineral - Indoneisa
- Bharathi Cement Corporation - India
- Aditya Birla Group - India
- Parliament of New Zealand
- South Luzon Thermal Energy Corporation
- Petron Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- PowerSource Philippines DevCo
- Pendopo Energi Batubara - Indonesia
- CIMB Investment Bank - Malaysia
- London Commodity Brokers - England
- Chamber of Mines of South Africa
- Energy Development Corp, Philippines
- Bulk Trading Sa - Switzerland
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indian Oil Corporation Limited
- CNBM International Corporation - China
- LBH Netherlands Bv - Netherlands
- Parry Sugars Refinery, India
- SMG Consultants - Indonesia
- Electricity Authority, New Zealand
- Edison Trading Spa - Italy
- TNB Fuel Sdn Bhd - Malaysia
- Formosa Plastics Group - Taiwan
- Agrawal Coal Company - India
- Eastern Energy - Thailand
- PNOC Exploration Corporation - Philippines
- Interocean Group of Companies - India
- Indogreen Group - Indonesia
- Bangladesh Power Developement Board
- Riau Bara Harum - Indonesia
- Bukit Baiduri Energy - Indonesia
- Jindal Steel & Power Ltd - India
- Aboitiz Power Corporation - Philippines
- ICICI Bank Limited - India
- Sindya Power Generating Company Private Ltd
- Standard Chartered Bank - UAE
- McConnell Dowell - Australia
- Tata Chemicals Ltd - India
- Makarim & Taira - Indonesia
- Sakthi Sugars Limited - India
- Kaltim Prima Coal - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Samtan Co., Ltd - South Korea
- Indonesian Coal Mining Association
- VISA Power Limited - India
- Indika Energy - Indonesia
- Trasteel International SA, Italy
- India Bulls Power Limited - India
- Central Java Power - Indonesia
- Star Paper Mills Limited - India
- Grasim Industreis Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Barasentosa Lestari - Indonesia
- Maheswari Brothers Coal Limited - India
- Goldman Sachs - Singapore
- Thai Mozambique Logistica
- Holcim Trading Pte Ltd - Singapore
- Energy Link Ltd, New Zealand
- Heidelberg Cement - Germany
- GAC Shipping (India) Pvt Ltd
- Directorate Of Revenue Intelligence - India
- Kepco SPC Power Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Bukit Makmur.PT - Indonesia
- Orica Mining Services - Indonesia
- Savvy Resources Ltd - HongKong
- Marubeni Corporation - India
- Coal and Oil Company - UAE
- Oldendorff Carriers - Singapore
- Carbofer General Trading SA - India
- Anglo American - United Kingdom
- Manunggal Multi Energi - Indonesia
- Deloitte Consulting - India
- Kapuas Tunggal Persada - Indonesia
- Mintek Dendrill Indonesia
- Africa Commodities Group - South Africa
- Price Waterhouse Coopers - Russia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sical Logistics Limited - India
- Latin American Coal - Colombia
- Altura Mining Limited, Indonesia
- Posco Energy - South Korea
- Bank of Tokyo Mitsubishi UFJ Ltd
- Neyveli Lignite Corporation Ltd, - India
- Orica Australia Pty. Ltd.
- GVK Power & Infra Limited - India
- Australian Coal Association
- Bhoruka Overseas - Indonesia
- Salva Resources Pvt Ltd - India
- Borneo Indobara - Indonesia
- Rashtriya Ispat Nigam Limited - India
- San Jose City I Power Corp, Philippines
- Siam City Cement - Thailand
- Therma Luzon, Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Thiess Contractors Indonesia
- Merrill Lynch Commodities Europe
- Tamil Nadu electricity Board
- Central Electricity Authority - India
- Port Waratah Coal Services - Australia
- Vedanta Resources Plc - India
- IHS Mccloskey Coal Group - USA
- Coalindo Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- MS Steel International - UAE
- Siam City Cement PLC, Thailand
- Alfred C Toepfer International GmbH - Germany
- PetroVietnam Power Coal Import and Supply Company
- Gujarat Sidhee Cement - India
- Vijayanagar Sugar Pvt Ltd - India
- Xindia Steels Limited - India
- Kumho Petrochemical, South Korea
- International Coal Ventures Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- The University of Queensland
- Planning Commission, India
- Madhucon Powers Ltd - India
- The State Trading Corporation of India Ltd
- Global Green Power PLC Corporation, Philippines
- Malabar Cements Ltd - India
- Sree Jayajothi Cements Limited - India
- TeaM Sual Corporation - Philippines
- ASAPP Information Group - India
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