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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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Wednesday, 21 February 18
SHIPPING MARKET INSIGHT - KONSTANTINOS KONTOMICHIS
2017 proved to be a relatively good year with positive margins for the Dry Bulk market. Especially during the last quarter of the year everyone can ...
Tuesday, 20 February 18
INDIA: COAL IMPORT RISES BY 12 PER CENT TO 18 MILLION TONNES IN JANUARY - PTI
The country’s coal import increased by 12.4 per cent to 18.49 million tonnes (MT) in January, against 16.
44 MT in the same month of the ...
Monday, 19 February 18
JOINT INSURANCE - WHY SHOULD YOU CARE? - SKULD
KNOWLEDGE TO ELEVATE
It is neither controversial nor new to say that co-assureds under a joint insurance policy cannot claim against each othe ...
Friday, 16 February 18
U.S. WEEKLY COAL OUTPUT DOWN 4.5 PER CENT WEEK OVER WEEK, EIA DATA SHOWS
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 15.2 million short tons ...
Thursday, 15 February 18
INDIA: THERMAL POWER PLANTS UNDER STRESS ON RISING COAL, FREIGHT COSTS - BUSINESS STANDARD
Coal-based power plants are feeling the heat of spike in thermal grade coal prices and railway freight costs.
Prices of thermal grade coal sin ...
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- Indika Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- New Zealand Coal & Carbon
- Malabar Cements Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Madhucon Powers Ltd - India
- Rio Tinto Coal - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bukit Baiduri Energy - Indonesia
- Georgia Ports Authority, United States
- Alfred C Toepfer International GmbH - Germany
- Mintek Dendrill Indonesia
- Independent Power Producers Association of India
- Gujarat Electricity Regulatory Commission - India
- Rashtriya Ispat Nigam Limited - India
- Videocon Industries ltd - India
- Economic Council, Georgia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- IEA Clean Coal Centre - UK
- Edison Trading Spa - Italy
- Ind-Barath Power Infra Limited - India
- Aditya Birla Group - India
- Ambuja Cements Ltd - India
- Iligan Light & Power Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- Chettinad Cement Corporation Ltd - India
- CNBM International Corporation - China
- Simpson Spence & Young - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Electricity Generating Authority of Thailand
- India Bulls Power Limited - India
- IHS Mccloskey Coal Group - USA
- Central Electricity Authority - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Singapore Mercantile Exchange
- Manunggal Multi Energi - Indonesia
- Latin American Coal - Colombia
- Antam Resourcindo - Indonesia
- TeaM Sual Corporation - Philippines
- London Commodity Brokers - England
- Sree Jayajothi Cements Limited - India
- European Bulk Services B.V. - Netherlands
- Indian Energy Exchange, India
- Global Coal Blending Company Limited - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Planning Commission, India
- Commonwealth Bank - Australia
- Minerals Council of Australia
- Bahari Cakrawala Sebuku - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Australian Commodity Traders Exchange
- Altura Mining Limited, Indonesia
- Global Green Power PLC Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Lanco Infratech Ltd - India
- Australian Coal Association
- Globalindo Alam Lestari - Indonesia
- McConnell Dowell - Australia
- Sinarmas Energy and Mining - Indonesia
- Ministry of Transport, Egypt
- CIMB Investment Bank - Malaysia
- Aboitiz Power Corporation - Philippines
- Sojitz Corporation - Japan
- GAC Shipping (India) Pvt Ltd
- Power Finance Corporation Ltd., India
- Carbofer General Trading SA - India
- Price Waterhouse Coopers - Russia
- PowerSource Philippines DevCo
- Cigading International Bulk Terminal - Indonesia
- Ministry of Mines - Canada
- Energy Development Corp, Philippines
- Grasim Industreis Ltd - India
- Electricity Authority, New Zealand
- AsiaOL BioFuels Corp., Philippines
- Siam City Cement PLC, Thailand
- Goldman Sachs - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Makarim & Taira - Indonesia
- Karaikal Port Pvt Ltd - India
- Star Paper Mills Limited - India
- Meenaskhi Energy Private Limited - India
- Trasteel International SA, Italy
- Coalindo Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Bhoruka Overseas - Indonesia
- Gujarat Sidhee Cement - India
- Kobexindo Tractors - Indoneisa
- Anglo American - United Kingdom
- Essar Steel Hazira Ltd - India
- VISA Power Limited - India
- Formosa Plastics Group - Taiwan
- Bhatia International Limited - India
- Posco Energy - South Korea
- Jaiprakash Power Ventures ltd
- Tata Chemicals Ltd - India
- Parliament of New Zealand
- Eastern Coal Council - USA
- Neyveli Lignite Corporation Ltd, - India
- Africa Commodities Group - South Africa
- Parry Sugars Refinery, India
- Bukit Asam (Persero) Tbk - Indonesia
- Banpu Public Company Limited - Thailand
- Petron Corporation, Philippines
- Chamber of Mines of South Africa
- ASAPP Information Group - India
- Maharashtra Electricity Regulatory Commission - India
- Binh Thuan Hamico - Vietnam
- Siam City Cement - Thailand
- Meralco Power Generation, Philippines
- Coal and Oil Company - UAE
- Bangladesh Power Developement Board
- Petrochimia International Co. Ltd.- Taiwan
- Thai Mozambique Logistica
- TNB Fuel Sdn Bhd - Malaysia
- Jorong Barutama Greston.PT - Indonesia
- GVK Power & Infra Limited - India
- Sarangani Energy Corporation, Philippines
- ICICI Bank Limited - India
- SN Aboitiz Power Inc, Philippines
- Marubeni Corporation - India
- Vijayanagar Sugar Pvt Ltd - India
- Medco Energi Mining Internasional
- The University of Queensland
- MS Steel International - UAE
- Kaltim Prima Coal - Indonesia
- PNOC Exploration Corporation - Philippines
- Orica Mining Services - Indonesia
- Renaissance Capital - South Africa
- Therma Luzon, Inc, Philippines
- Indogreen Group - Indonesia
- Dalmia Cement Bharat India
- Leighton Contractors Pty Ltd - Australia
- Port Waratah Coal Services - Australia
- Interocean Group of Companies - India
- International Coal Ventures Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Barasentosa Lestari - Indonesia
- Global Business Power Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Standard Chartered Bank - UAE
- Kepco SPC Power Corporation, Philippines
- Attock Cement Pakistan Limited
- Ministry of Finance - Indonesia
- Wood Mackenzie - Singapore
- Mjunction Services Limited - India
- Timah Investasi Mineral - Indoneisa
- The Treasury - Australian Government
- Indo Tambangraya Megah - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- White Energy Company Limited
- Kartika Selabumi Mining - Indonesia
- Metalloyd Limited - United Kingdom
- The State Trading Corporation of India Ltd
- Central Java Power - Indonesia
- Vedanta Resources Plc - India
- Mercator Lines Limited - India
- Sindya Power Generating Company Private Ltd
- Salva Resources Pvt Ltd - India
- Bhushan Steel Limited - India
- Baramulti Group, Indonesia
- Orica Australia Pty. Ltd.
- PTC India Limited - India
- Oldendorff Carriers - Singapore
- Intertek Mineral Services - Indonesia
- Samtan Co., Ltd - South Korea
- Vizag Seaport Private Limited - India
- Riau Bara Harum - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Borneo Indobara - Indonesia
- Energy Link Ltd, New Zealand
- GMR Energy Limited - India
- Bayan Resources Tbk. - Indonesia
- Mercuria Energy - Indonesia
- Jindal Steel & Power Ltd - India
- Sakthi Sugars Limited - India
- South Luzon Thermal Energy Corporation
- Toyota Tsusho Corporation, Japan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Uttam Galva Steels Limited - India
- Cement Manufacturers Association - India
- Indonesian Coal Mining Association
- GN Power Mariveles Coal Plant, Philippines
- Indian Oil Corporation Limited
- Kapuas Tunggal Persada - Indonesia
- Deloitte Consulting - India
- Kideco Jaya Agung - Indonesia
- Tamil Nadu electricity Board
- Merrill Lynch Commodities Europe
- Semirara Mining and Power Corporation, Philippines
- Semirara Mining Corp, Philippines
- Coastal Gujarat Power Limited - India
- Heidelberg Cement - Germany
- Larsen & Toubro Limited - India
- Holcim Trading Pte Ltd - Singapore
- Xindia Steels Limited - India
- Eastern Energy - Thailand
- Bulk Trading Sa - Switzerland
- Agrawal Coal Company - India
- SMC Global Power, Philippines
- Miang Besar Coal Terminal - Indonesia
- Savvy Resources Ltd - HongKong
- San Jose City I Power Corp, Philippines
- Bharathi Cement Corporation - India
- Sical Logistics Limited - India
- Maheswari Brothers Coal Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bukit Makmur.PT - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- SMG Consultants - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Pendopo Energi Batubara - Indonesia
- Thiess Contractors Indonesia
- Romanian Commodities Exchange
- Straits Asia Resources Limited - Singapore
- Wilmar Investment Holdings
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