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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, 17 October 17
SULPHUR 2020: COMING, READY OR NOT - ALIBRA SHIPPING
Some 70% of shipping companies surveyed say they do not believe the industry is ready for IMO’s 2020 deadline, when a global limit of 0.5% su ...
Tuesday, 17 October 17
U.S RECORD EXPORTS OIL TO EAST HAS HELPED THE TANKER TRADE - GEORGE LAZARIDIS
There was a flood of fresh news this week which clouded the overall prospects of the crude oil market. Just one week prior Saudi Arabia and Russia, ...
Monday, 16 October 17
INDONESIA TO INDIA COAL FREIGHT RATES STAY FIRM
COALspot.com: The daily average earnings for Supramax, for the route Indonesia to India passing through Singapore has stayed firm, week over week, ...
Friday, 13 October 17
INDIKA ENERGY SIGNS SHARE PURCHASE AGREEMENTS FOR AN ADDITIONAL 45% STAKE IN KIDECO
PT Indika Energy Tbk. and its wholly-owned subsidiary PT Indika Inti Corpindo (collectively, “Indika Energy”) has entered into separate ...
Friday, 13 October 17
THE SHORT-TERM OUTLOOK FOR THE PANAMAX MARKET REMAIN POSITIVE - FEARNLEYS
Supramax
The market has picked up strongly since last week with the Chinese holidays. In the Pacific rates are increasing with some strong number ...
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Showing 1911 to 1915 news of total 6871 |
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- Karaikal Port Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Edison Trading Spa - Italy
- Directorate Of Revenue Intelligence - India
- Bayan Resources Tbk. - Indonesia
- Essar Steel Hazira Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Aditya Birla Group - India
- India Bulls Power Limited - India
- Mintek Dendrill Indonesia
- SMG Consultants - Indonesia
- Price Waterhouse Coopers - Russia
- GAC Shipping (India) Pvt Ltd
- Meenaskhi Energy Private Limited - India
- Riau Bara Harum - Indonesia
- Therma Luzon, Inc, Philippines
- Salva Resources Pvt Ltd - India
- SMC Global Power, Philippines
- SN Aboitiz Power Inc, Philippines
- Goldman Sachs - Singapore
- Rashtriya Ispat Nigam Limited - India
- The State Trading Corporation of India Ltd
- MS Steel International - UAE
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Thiess Contractors Indonesia
- Independent Power Producers Association of India
- Central Electricity Authority - India
- Minerals Council of Australia
- Chamber of Mines of South Africa
- Power Finance Corporation Ltd., India
- ICICI Bank Limited - India
- Jindal Steel & Power Ltd - India
- GMR Energy Limited - India
- Orica Mining Services - Indonesia
- Indogreen Group - Indonesia
- Indo Tambangraya Megah - Indonesia
- Metalloyd Limited - United Kingdom
- GVK Power & Infra Limited - India
- Agrawal Coal Company - India
- Singapore Mercantile Exchange
- Wood Mackenzie - Singapore
- Coalindo Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Carbofer General Trading SA - India
- Africa Commodities Group - South Africa
- Orica Australia Pty. Ltd.
- Timah Investasi Mineral - Indoneisa
- Pendopo Energi Batubara - Indonesia
- Standard Chartered Bank - UAE
- Semirara Mining and Power Corporation, Philippines
- Ministry of Finance - Indonesia
- San Jose City I Power Corp, Philippines
- Banpu Public Company Limited - Thailand
- Port Waratah Coal Services - Australia
- Kaltim Prima Coal - Indonesia
- Tamil Nadu electricity Board
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- Trasteel International SA, Italy
- Mercuria Energy - Indonesia
- Grasim Industreis Ltd - India
- Latin American Coal - Colombia
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- Mercator Lines Limited - India
- Neyveli Lignite Corporation Ltd, - India
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- Vizag Seaport Private Limited - India
- Savvy Resources Ltd - HongKong
- Sree Jayajothi Cements Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Gujarat Sidhee Cement - India
- Economic Council, Georgia
- Kapuas Tunggal Persada - Indonesia
- Barasentosa Lestari - Indonesia
- Madhucon Powers Ltd - India
- Videocon Industries ltd - India
- Kumho Petrochemical, South Korea
- Australian Commodity Traders Exchange
- Bhatia International Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Bukit Makmur.PT - Indonesia
- Bhoruka Overseas - Indonesia
- Planning Commission, India
- Alfred C Toepfer International GmbH - Germany
- Attock Cement Pakistan Limited
- PTC India Limited - India
- PowerSource Philippines DevCo
- IEA Clean Coal Centre - UK
- Krishnapatnam Port Company Ltd. - India
- Kartika Selabumi Mining - Indonesia
- South Luzon Thermal Energy Corporation
- PNOC Exploration Corporation - Philippines
- CNBM International Corporation - China
- Aboitiz Power Corporation - Philippines
- Posco Energy - South Korea
- Xindia Steels Limited - India
- Siam City Cement PLC, Thailand
- TeaM Sual Corporation - Philippines
- Sojitz Corporation - Japan
- Malabar Cements Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Jaiprakash Power Ventures ltd
- Larsen & Toubro Limited - India
- Romanian Commodities Exchange
- Coal and Oil Company - UAE
- McConnell Dowell - Australia
- Billiton Holdings Pty Ltd - Australia
- Sakthi Sugars Limited - India
- Toyota Tsusho Corporation, Japan
- New Zealand Coal & Carbon
- Energy Development Corp, Philippines
- Merrill Lynch Commodities Europe
- Pipit Mutiara Jaya. PT, Indonesia
- Rio Tinto Coal - Australia
- Bangladesh Power Developement Board
- Ceylon Electricity Board - Sri Lanka
- Georgia Ports Authority, United States
- Renaissance Capital - South Africa
- The Treasury - Australian Government
- Lanco Infratech Ltd - India
- Intertek Mineral Services - Indonesia
- International Coal Ventures Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Bulk Trading Sa - Switzerland
- LBH Netherlands Bv - Netherlands
- Kobexindo Tractors - Indoneisa
- White Energy Company Limited
- Wilmar Investment Holdings
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- Cigading International Bulk Terminal - Indonesia
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- Mjunction Services Limited - India
- Indian Energy Exchange, India
- Bahari Cakrawala Sebuku - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
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- VISA Power Limited - India
- Tata Chemicals Ltd - India
- Sarangani Energy Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Dalmia Cement Bharat India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ministry of Mines - Canada
- Ind-Barath Power Infra Limited - India
- Cement Manufacturers Association - India
- Australian Coal Association
- Energy Link Ltd, New Zealand
- Leighton Contractors Pty Ltd - Australia
- Vedanta Resources Plc - India
- Anglo American - United Kingdom
- Formosa Plastics Group - Taiwan
- Binh Thuan Hamico - Vietnam
- Oldendorff Carriers - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Borneo Indobara - Indonesia
- Electricity Authority, New Zealand
- London Commodity Brokers - England
- ASAPP Information Group - India
- Uttam Galva Steels Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Medco Energi Mining Internasional
- Kepco SPC Power Corporation, Philippines
- Eastern Coal Council - USA
- Deloitte Consulting - India
- Parry Sugars Refinery, India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Heidelberg Cement - Germany
- Siam City Cement - Thailand
- Indonesian Coal Mining Association
- Antam Resourcindo - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Miang Besar Coal Terminal - Indonesia
- Indian Oil Corporation Limited
- Global Green Power PLC Corporation, Philippines
- Petron Corporation, Philippines
- Interocean Group of Companies - India
- Straits Asia Resources Limited - Singapore
- AsiaOL BioFuels Corp., Philippines
- Gujarat Electricity Regulatory Commission - India
- Ministry of Transport, Egypt
- Bhushan Steel Limited - India
- The University of Queensland
- IHS Mccloskey Coal Group - USA
- Bharathi Cement Corporation - India
- Sical Logistics Limited - India
- Eastern Energy - Thailand
- Makarim & Taira - Indonesia
- Iligan Light & Power Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- GN Power Mariveles Coal Plant, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Altura Mining Limited, Indonesia
- Samtan Co., Ltd - South Korea
- Thai Mozambique Logistica
- Indika Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Asmin Koalindo Tuhup - Indonesia
- European Bulk Services B.V. - Netherlands
- Meralco Power Generation, Philippines
- Kideco Jaya Agung - Indonesia
- Semirara Mining Corp, Philippines
- Star Paper Mills Limited - India
- Simpson Spence & Young - Indonesia
- Baramulti Group, Indonesia
- Global Business Power Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sindya Power Generating Company Private Ltd
- Maheswari Brothers Coal Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Bukit Baiduri Energy - Indonesia
- Parliament of New Zealand
- Commonwealth Bank - Australia
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