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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 $58.50 a ton in the week ended May 1, according to Petersfield, England-based McCloskey Group.
The terminal in north eastern South Africa is owned by South Africa’s largest coal exporters, including Anglo American Plc, BHP Billiton Ltd. and Xstrata Plc. It is the biggest source of coal for European power plants.
Sixty-eight ships were loaded during the month and 572 trains arrived at the facility, RBCT said. It received 5.27 million tons of the fuel by rail.
Falling Shipments
At its current shipment rate Richards Bay will export 56.77 million tons of coal this year compared with a capacity of 76 million tons, expanding to 91 million tons by July. When that expansion is complete Richards Bay will be the world’s single biggest coal export facility.
Richards Bay’s shipments this year are likely to be below those last year, Prevost said, adding that he doesn’t expect substantial improvement in demand in 2009. The terminal shipped 61.79 million tons in 2008 compared with 66.16 million tons the year earlier. Exports were reduced by derailments and increased competition for supplies from power utility Eskom Holdings Ltd.
Terry Howarth, the chief executive officer of the terminal, wasn’t immediately available when his office was called.
Transnet Ltd., which operates South Africa’s railways, will close one of two lines to the terminal from May 4-13 for Xavier maintenance.
Source: http://www.bloomberg.com/apps/news?pid=20601116&sid=ahn8lGylbYKg&refer=africa
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Friday, 02 December 22
INDONESIAN COAL PRICE REFERENCE PLUNGE TOWARD US$ 281.48 A TON AS DEMAND DROPS WORLDWIDE
COALspot.com: The cost of coal is falling so fast that it is beginning to put real money back in the pockets of end-users.
Indonesia ...
Wednesday, 30 November 22
INDONESIA’S BUMI RESOURCES TARGETS 2023 COAL OUTPUT OF 80 MLN TONNES - REUTERS
Indonesian coal miner PT Bumi Resources Tbk BUMI.JKis eyeing a 10% increase in output to 80 million tonnes next year amid expectations for more fav ...
Wednesday, 30 November 22
TANKERS: LONGER HAULS TO SUPPORT CONTINUED STRENGTH - BIMCO
Highlights
A rebound in the dirty tanker trade has led the Baltic Exchange Dirty Index (BDTI) to increase by 64% since our last report from mid ...
Wednesday, 30 November 22
MARKET INSIGHT - INTERMODAL
Shipping, although a conservative and innovation adverse industry, is currently in a transition period of digital transformation. According to a su ...
Tuesday, 29 November 22
INDIA TO RECEIVE FIRST LNG CARGO FROM INDONESIA’S TANGGUH LNG - REUTERS
India will receive its first cargo from Indonesia’s Tangguh liquefied natural gas (LNG) plant at the Dahej terminal on Monday, according to a ...
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- Ministry of Mines - Canada
- ICICI Bank Limited - India
- IEA Clean Coal Centre - UK
- Oldendorff Carriers - Singapore
- Coastal Gujarat Power Limited - India
- GAC Shipping (India) Pvt Ltd
- TNB Fuel Sdn Bhd - Malaysia
- Kepco SPC Power Corporation, Philippines
- Vizag Seaport Private Limited - India
- Pendopo Energi Batubara - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Barasentosa Lestari - Indonesia
- Siam City Cement - Thailand
- Attock Cement Pakistan Limited
- Renaissance Capital - South Africa
- South Luzon Thermal Energy Corporation
- SMG Consultants - Indonesia
- Trasteel International SA, Italy
- Mjunction Services Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bharathi Cement Corporation - India
- Savvy Resources Ltd - HongKong
- Sindya Power Generating Company Private Ltd
- Vedanta Resources Plc - India
- Uttam Galva Steels Limited - India
- Deloitte Consulting - India
- IHS Mccloskey Coal Group - USA
- Latin American Coal - Colombia
- Sree Jayajothi Cements Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Economic Council, Georgia
- Global Business Power Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Eastern Coal Council - USA
- Petron Corporation, Philippines
- PowerSource Philippines DevCo
- Makarim & Taira - Indonesia
- Formosa Plastics Group - Taiwan
- Videocon Industries ltd - India
- Central Java Power - Indonesia
- Global Green Power PLC Corporation, Philippines
- Bangladesh Power Developement Board
- Salva Resources Pvt Ltd - India
- Georgia Ports Authority, United States
- Meralco Power Generation, Philippines
- Eastern Energy - Thailand
- Semirara Mining and Power Corporation, Philippines
- Power Finance Corporation Ltd., India
- Bukit Baiduri Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- Siam City Cement PLC, Thailand
- Mintek Dendrill Indonesia
- Jindal Steel & Power Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Lanco Infratech Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Anglo American - United Kingdom
- Electricity Authority, New Zealand
- Maharashtra Electricity Regulatory Commission - India
- GN Power Mariveles Coal Plant, Philippines
- Goldman Sachs - Singapore
- Kobexindo Tractors - Indoneisa
- GVK Power & Infra Limited - India
- Gujarat Mineral Development Corp Ltd - India
- PNOC Exploration Corporation - Philippines
- CIMB Investment Bank - Malaysia
- Gujarat Electricity Regulatory Commission - India
- Energy Link Ltd, New Zealand
- Aboitiz Power Corporation - Philippines
- Merrill Lynch Commodities Europe
- Minerals Council of Australia
- London Commodity Brokers - England
- Australian Commodity Traders Exchange
- Bhoruka Overseas - Indonesia
- Central Electricity Authority - India
- Timah Investasi Mineral - Indoneisa
- CNBM International Corporation - China
- Directorate General of MIneral and Coal - Indonesia
- Heidelberg Cement - Germany
- Chamber of Mines of South Africa
- Neyveli Lignite Corporation Ltd, - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Miang Besar Coal Terminal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Sical Logistics Limited - India
- Indian Oil Corporation Limited
- Toyota Tsusho Corporation, Japan
- The Treasury - Australian Government
- Kideco Jaya Agung - Indonesia
- Bhushan Steel Limited - India
- Parliament of New Zealand
- Posco Energy - South Korea
- Indogreen Group - Indonesia
- Electricity Generating Authority of Thailand
- Wilmar Investment Holdings
- Ambuja Cements Ltd - India
- New Zealand Coal & Carbon
- International Coal Ventures Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- San Jose City I Power Corp, Philippines
- Africa Commodities Group - South Africa
- Global Coal Blending Company Limited - Australia
- Sojitz Corporation - Japan
- Tamil Nadu electricity Board
- Wood Mackenzie - Singapore
- Jorong Barutama Greston.PT - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Kaltim Prima Coal - Indonesia
- Orica Mining Services - Indonesia
- Bukit Makmur.PT - Indonesia
- Altura Mining Limited, Indonesia
- VISA Power Limited - India
- Rio Tinto Coal - Australia
- Interocean Group of Companies - India
- Planning Commission, India
- Indo Tambangraya Megah - Indonesia
- Gujarat Sidhee Cement - India
- SMC Global Power, Philippines
- Indika Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- OPG Power Generation Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Indian Energy Exchange, India
- Baramulti Group, Indonesia
- Price Waterhouse Coopers - Russia
- Samtan Co., Ltd - South Korea
- Star Paper Mills Limited - India
- Meenaskhi Energy Private Limited - India
- Independent Power Producers Association of India
- Kohat Cement Company Ltd. - Pakistan
- Edison Trading Spa - Italy
- White Energy Company Limited
- Iligan Light & Power Inc, Philippines
- Metalloyd Limited - United Kingdom
- Malabar Cements Ltd - India
- Grasim Industreis Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Madhucon Powers Ltd - India
- Simpson Spence & Young - Indonesia
- Orica Australia Pty. Ltd.
- Dalmia Cement Bharat India
- Ministry of Transport, Egypt
- Energy Development Corp, Philippines
- Larsen & Toubro Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- McConnell Dowell - Australia
- Medco Energi Mining Internasional
- Tata Chemicals Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Port Waratah Coal Services - Australia
- Intertek Mineral Services - Indonesia
- Maheswari Brothers Coal Limited - India
- Mercuria Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Bhatia International Limited - India
- Aditya Birla Group - India
- MS Steel International - UAE
- Pipit Mutiara Jaya. PT, Indonesia
- Antam Resourcindo - Indonesia
- Coalindo Energy - Indonesia
- Riau Bara Harum - Indonesia
- Thai Mozambique Logistica
- Mercator Lines Limited - India
- Singapore Mercantile Exchange
- Indonesian Coal Mining Association
- Alfred C Toepfer International GmbH - Germany
- Karbindo Abesyapradhi - Indoneisa
- Sinarmas Energy and Mining - Indonesia
- Parry Sugars Refinery, India
- Ceylon Electricity Board - Sri Lanka
- Semirara Mining Corp, Philippines
- Leighton Contractors Pty Ltd - Australia
- ASAPP Information Group - India
- India Bulls Power Limited - India
- Bayan Resources Tbk. - Indonesia
- Borneo Indobara - Indonesia
- Banpu Public Company Limited - Thailand
- AsiaOL BioFuels Corp., Philippines
- Ind-Barath Power Infra Limited - India
- Thiess Contractors Indonesia
- Xindia Steels Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PTC India Limited - India
- GMR Energy Limited - India
- Romanian Commodities Exchange
- Marubeni Corporation - India
- European Bulk Services B.V. - Netherlands
- Therma Luzon, Inc, Philippines
- The University of Queensland
- PetroVietnam Power Coal Import and Supply Company
- Coal and Oil Company - UAE
- Ministry of Finance - Indonesia
- Kartika Selabumi Mining - Indonesia
- Carbofer General Trading SA - India
- Australian Coal Association
- Agrawal Coal Company - India
- Kumho Petrochemical, South Korea
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- The State Trading Corporation of India Ltd
- Standard Chartered Bank - UAE
- SN Aboitiz Power Inc, Philippines
- Straits Asia Resources Limited - Singapore
- Cement Manufacturers Association - India
- Essar Steel Hazira Ltd - India
- Chettinad Cement Corporation Ltd - India
- Directorate Of Revenue Intelligence - India
- TeaM Sual Corporation - Philippines
- Sarangani Energy Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Commonwealth Bank - Australia
- Sakthi Sugars Limited - India
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