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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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Monday, 08 January 24
KOSPO TO BUY 80000 MT OF INDONESIAN LOW CALORIFIC VALUE COAL FOR FEB 2024
Korea Southern Power Co., Ltd. (KOSPO), is inviting bids for the supply of Indonesian Low Calorific Value Coal from qualified suppliers for Korean ...
Monday, 08 January 24
SEABORNE TRADE REACHES 12.4BN TONNES - CLARKSONS
China will establish a back-up coal production system by 2027 to stabilise prices and secure coal supply, the state planner said on Wednesday, even ...
Monday, 08 January 24
CAPESIZES START THE NEW YEAR ON POSITIVE NOTE - BALTIC EXCHANGE
Capesize
This week the capsize market has been marked by a mix of activities and challenges. Despite a slow start following the Christmas and N ...
Friday, 05 January 24
MORGAN STANLEY SEES LOWER OIL PRICES IN 2024 ON OVERSUPPLY CONCERNS - REUTERS
Morgan Stanley sees Brent crude prices anchored near $80 per barrel in the first half in 2024 before declining towards the end of the year as it ex ...
Friday, 05 January 24
INDIA'S COAL OUTPUT RISES NEARLY 11 PC IN DEC TO 92.87 MT - PTI
India’s coal production increased by 10.75 per cent to 92.87 million tonne in December 2023 as compared to the year-ago period, an official s ...
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- Kobexindo Tractors - Indoneisa
- Directorate Of Revenue Intelligence - India
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- Kumho Petrochemical, South Korea
- Meenaskhi Energy Private Limited - India
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- Ind-Barath Power Infra Limited - India
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- Eastern Energy - Thailand
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- TNB Fuel Sdn Bhd - Malaysia
- Goldman Sachs - Singapore
- Rashtriya Ispat Nigam Limited - India
- Binh Thuan Hamico - Vietnam
- Coalindo Energy - Indonesia
- San Jose City I Power Corp, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Globalindo Alam Lestari - Indonesia
- Bulk Trading Sa - Switzerland
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Leighton Contractors Pty Ltd - Australia
- Tata Chemicals Ltd - India
- Independent Power Producers Association of India
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- Billiton Holdings Pty Ltd - Australia
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- Renaissance Capital - South Africa
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- McConnell Dowell - Australia
- PowerSource Philippines DevCo
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- Singapore Mercantile Exchange
- Vizag Seaport Private Limited - India
- ASAPP Information Group - India
- Interocean Group of Companies - India
- Sinarmas Energy and Mining - Indonesia
- Orica Mining Services - Indonesia
- Baramulti Group, Indonesia
- OPG Power Generation Pvt Ltd - India
- Coal and Oil Company - UAE
- Georgia Ports Authority, United States
- Semirara Mining and Power Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Vedanta Resources Plc - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- White Energy Company Limited
- Indian Oil Corporation Limited
- Bhoruka Overseas - Indonesia
- Formosa Plastics Group - Taiwan
- Straits Asia Resources Limited - Singapore
- Cement Manufacturers Association - India
- Sakthi Sugars Limited - India
- Banpu Public Company Limited - Thailand
- Ministry of Mines - Canada
- Malabar Cements Ltd - India
- Carbofer General Trading SA - India
- Antam Resourcindo - Indonesia
- Sindya Power Generating Company Private Ltd
- GAC Shipping (India) Pvt Ltd
- Anglo American - United Kingdom
- Gujarat Sidhee Cement - India
- Parry Sugars Refinery, India
- VISA Power Limited - India
- Indogreen Group - Indonesia
- IEA Clean Coal Centre - UK
- Metalloyd Limited - United Kingdom
- Xindia Steels Limited - India
- PTC India Limited - India
- Price Waterhouse Coopers - Russia
- Samtan Co., Ltd - South Korea
- Australian Commodity Traders Exchange
- Manunggal Multi Energi - Indonesia
- Intertek Mineral Services - Indonesia
- Sarangani Energy Corporation, Philippines
- Heidelberg Cement - Germany
- Africa Commodities Group - South Africa
- Bukit Asam (Persero) Tbk - Indonesia
- Deloitte Consulting - India
- Pipit Mutiara Jaya. PT, Indonesia
- Minerals Council of Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Global Business Power Corporation, Philippines
- India Bulls Power Limited - India
- Power Finance Corporation Ltd., India
- Wood Mackenzie - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Iligan Light & Power Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- International Coal Ventures Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Port Waratah Coal Services - Australia
- Pendopo Energi Batubara - Indonesia
- European Bulk Services B.V. - Netherlands
- Oldendorff Carriers - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Bayan Resources Tbk. - Indonesia
- Alfred C Toepfer International GmbH - Germany
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- Central Java Power - Indonesia
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- Savvy Resources Ltd - HongKong
- Karaikal Port Pvt Ltd - India
- Indian Energy Exchange, India
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- Borneo Indobara - Indonesia
- Dalmia Cement Bharat India
- Meralco Power Generation, Philippines
- Mercuria Energy - Indonesia
- Merrill Lynch Commodities Europe
- Lanco Infratech Ltd - India
- Attock Cement Pakistan Limited
- Orica Australia Pty. Ltd.
- Agrawal Coal Company - India
- The State Trading Corporation of India Ltd
- AsiaOL BioFuels Corp., Philippines
- Tamil Nadu electricity Board
- Standard Chartered Bank - UAE
- Krishnapatnam Port Company Ltd. - India
- Petron Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Madhucon Powers Ltd - India
- Australian Coal Association
- Electricity Authority, New Zealand
- Sojitz Corporation - Japan
- Gujarat Mineral Development Corp Ltd - India
- Economic Council, Georgia
- Ministry of Transport, Egypt
- Timah Investasi Mineral - Indoneisa
- Chamber of Mines of South Africa
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- Mintek Dendrill Indonesia
- Kaltim Prima Coal - Indonesia
- Kepco SPC Power Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Trasteel International SA, Italy
- Latin American Coal - Colombia
- GVK Power & Infra Limited - India
- London Commodity Brokers - England
- Kapuas Tunggal Persada - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Mercator Lines Limited - India
- Bangladesh Power Developement Board
- Siam City Cement PLC, Thailand
- Jaiprakash Power Ventures ltd
- Bhushan Steel Limited - India
- Commonwealth Bank - Australia
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- Global Coal Blending Company Limited - Australia
- CNBM International Corporation - China
- Uttam Galva Steels Limited - India
- Electricity Generating Authority of Thailand
- MS Steel International - UAE
- Ambuja Cements Ltd - India
- Chettinad Cement Corporation Ltd - India
- Planning Commission, India
- GMR Energy Limited - India
- Thai Mozambique Logistica
- The Treasury - Australian Government
- Gujarat Electricity Regulatory Commission - India
- Ceylon Electricity Board - Sri Lanka
- Romanian Commodities Exchange
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- South Luzon Thermal Energy Corporation
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- Central Electricity Authority - India
- Toyota Tsusho Corporation, Japan
- Salva Resources Pvt Ltd - India
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- Siam City Cement - Thailand
- ICICI Bank Limited - India
- Energy Development Corp, Philippines
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- Indonesian Coal Mining Association
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- Petrochimia International Co. Ltd.- Taiwan
- Altura Mining Limited, Indonesia
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- Simpson Spence & Young - Indonesia
- Jindal Steel & Power Ltd - India
- Parliament of New Zealand
- Holcim Trading Pte Ltd - Singapore
- Larsen & Toubro Limited - India
- Bharathi Cement Corporation - India
- TeaM Sual Corporation - Philippines
- CIMB Investment Bank - Malaysia
- New Zealand Coal & Carbon
- Maharashtra Electricity Regulatory Commission - India
- Kideco Jaya Agung - Indonesia
- Mjunction Services Limited - India
- Rio Tinto Coal - Australia
- PNOC Exploration Corporation - Philippines
- The University of Queensland
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- LBH Netherlands Bv - Netherlands
- GN Power Mariveles Coal Plant, Philippines
- Ministry of Finance - Indonesia
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- Energy Link Ltd, New Zealand
- Jorong Barutama Greston.PT - Indonesia
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