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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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- Bukit Asam (Persero) Tbk - Indonesia
- Ambuja Cements Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Larsen & Toubro Limited - India
- Oldendorff Carriers - Singapore
- Salva Resources Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Sree Jayajothi Cements Limited - India
- The University of Queensland
- Rashtriya Ispat Nigam Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Directorate General of MIneral and Coal - Indonesia
- TeaM Sual Corporation - Philippines
- Pendopo Energi Batubara - Indonesia
- Goldman Sachs - Singapore
- Electricity Generating Authority of Thailand
- Bhatia International Limited - India
- Malabar Cements Ltd - India
- Orica Australia Pty. Ltd.
- Sojitz Corporation - Japan
- SN Aboitiz Power Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- CNBM International Corporation - China
- Semirara Mining Corp, Philippines
- Siam City Cement - Thailand
- Edison Trading Spa - Italy
- Timah Investasi Mineral - Indoneisa
- Antam Resourcindo - Indonesia
- Standard Chartered Bank - UAE
- New Zealand Coal & Carbon
- Riau Bara Harum - Indonesia
- Lanco Infratech Ltd - India
- Heidelberg Cement - Germany
- Trasteel International SA, Italy
- Jaiprakash Power Ventures ltd
- Bharathi Cement Corporation - India
- Global Coal Blending Company Limited - Australia
- Uttam Galva Steels Limited - India
- Orica Mining Services - Indonesia
- Kepco SPC Power Corporation, Philippines
- Carbofer General Trading SA - India
- Port Waratah Coal Services - Australia
- Africa Commodities Group - South Africa
- Intertek Mineral Services - Indonesia
- Central Electricity Authority - India
- Coal and Oil Company - UAE
- European Bulk Services B.V. - Netherlands
- Altura Mining Limited, Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Bhushan Steel Limited - India
- Madhucon Powers Ltd - India
- McConnell Dowell - Australia
- Miang Besar Coal Terminal - Indonesia
- Bangladesh Power Developement Board
- London Commodity Brokers - England
- Tamil Nadu electricity Board
- Planning Commission, India
- Mjunction Services Limited - India
- Thiess Contractors Indonesia
- Holcim Trading Pte Ltd - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Videocon Industries ltd - India
- Singapore Mercantile Exchange
- Eastern Energy - Thailand
- Dalmia Cement Bharat India
- Chettinad Cement Corporation Ltd - India
- Indian Oil Corporation Limited
- SMC Global Power, Philippines
- Meenaskhi Energy Private Limited - India
- CIMB Investment Bank - Malaysia
- Vedanta Resources Plc - India
- Indo Tambangraya Megah - Indonesia
- Commonwealth Bank - Australia
- AsiaOL BioFuels Corp., Philippines
- Global Business Power Corporation, Philippines
- Star Paper Mills Limited - India
- Central Java Power - Indonesia
- Simpson Spence & Young - Indonesia
- Posco Energy - South Korea
- Aditya Birla Group - India
- Mercuria Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Parliament of New Zealand
- Price Waterhouse Coopers - Russia
- Rio Tinto Coal - Australia
- Cement Manufacturers Association - India
- Billiton Holdings Pty Ltd - Australia
- Thai Mozambique Logistica
- Energy Development Corp, Philippines
- Global Green Power PLC Corporation, Philippines
- Barasentosa Lestari - Indonesia
- Wood Mackenzie - Singapore
- Karaikal Port Pvt Ltd - India
- SMG Consultants - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Banpu Public Company Limited - Thailand
- Borneo Indobara - Indonesia
- ICICI Bank Limited - India
- Cigading International Bulk Terminal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- The State Trading Corporation of India Ltd
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- Kalimantan Lumbung Energi - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- PTC India Limited - India
- Iligan Light & Power Inc, Philippines
- Energy Link Ltd, New Zealand
- IEA Clean Coal Centre - UK
- Meralco Power Generation, Philippines
- Manunggal Multi Energi - Indonesia
- Deloitte Consulting - India
- Sindya Power Generating Company Private Ltd
- Bulk Trading Sa - Switzerland
- Latin American Coal - Colombia
- Grasim Industreis Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- San Jose City I Power Corp, Philippines
- Therma Luzon, Inc, Philippines
- Sical Logistics Limited - India
- LBH Netherlands Bv - Netherlands
- VISA Power Limited - India
- Xindia Steels Limited - India
- GMR Energy Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- PNOC Exploration Corporation - Philippines
- IHS Mccloskey Coal Group - USA
- Metalloyd Limited - United Kingdom
- Essar Steel Hazira Ltd - India
- PowerSource Philippines DevCo
- Sinarmas Energy and Mining - Indonesia
- Wilmar Investment Holdings
- Indian Energy Exchange, India
- Formosa Plastics Group - Taiwan
- Maharashtra Electricity Regulatory Commission - India
- Straits Asia Resources Limited - Singapore
- Anglo American - United Kingdom
- Mintek Dendrill Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Chamber of Mines of South Africa
- Australian Coal Association
- Kideco Jaya Agung - Indonesia
- White Energy Company Limited
- Power Finance Corporation Ltd., India
- Coastal Gujarat Power Limited - India
- Directorate Of Revenue Intelligence - India
- Romanian Commodities Exchange
- Interocean Group of Companies - India
- Toyota Tsusho Corporation, Japan
- Petron Corporation, Philippines
- Makarim & Taira - Indonesia
- Sakthi Sugars Limited - India
- The Treasury - Australian Government
- Kumho Petrochemical, South Korea
- Ministry of Finance - Indonesia
- Attock Cement Pakistan Limited
- Indonesian Coal Mining Association
- Mercator Lines Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- International Coal Ventures Pvt Ltd - India
- Economic Council, Georgia
- Kohat Cement Company Ltd. - Pakistan
- Neyveli Lignite Corporation Ltd, - India
- Ministry of Mines - Canada
- Parry Sugars Refinery, India
- Medco Energi Mining Internasional
- Renaissance Capital - South Africa
- Indika Energy - Indonesia
- GVK Power & Infra Limited - India
- Bukit Makmur.PT - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Alfred C Toepfer International GmbH - Germany
- MS Steel International - UAE
- Marubeni Corporation - India
- Maheswari Brothers Coal Limited - India
- ASAPP Information Group - India
- Vizag Seaport Private Limited - India
- Australian Commodity Traders Exchange
- Ceylon Electricity Board - Sri Lanka
- Georgia Ports Authority, United States
- Baramulti Group, Indonesia
- Krishnapatnam Port Company Ltd. - India
- Gujarat Electricity Regulatory Commission - India
- Siam City Cement PLC, Thailand
- Bayan Resources Tbk. - Indonesia
- India Bulls Power Limited - India
- Gujarat Sidhee Cement - India
- Indogreen Group - Indonesia
- Jindal Steel & Power Ltd - India
- Eastern Coal Council - USA
- Coalindo Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Samtan Co., Ltd - South Korea
- Minerals Council of Australia
- Bhoruka Overseas - Indonesia
- Kaltim Prima Coal - Indonesia
- Merrill Lynch Commodities Europe
- Kobexindo Tractors - Indoneisa
- Sarangani Energy Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Electricity Authority, New Zealand
- Semirara Mining and Power Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kartika Selabumi Mining - Indonesia
- Agrawal Coal Company - India
- GAC Shipping (India) Pvt Ltd
- Binh Thuan Hamico - Vietnam
- Ministry of Transport, Egypt
- Asmin Koalindo Tuhup - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Vijayanagar Sugar Pvt Ltd - India
- Tata Chemicals Ltd - India
- Independent Power Producers Association of India
- Savvy Resources Ltd - HongKong
- Globalindo Alam Lestari - Indonesia
- Aboitiz Power Corporation - Philippines
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