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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, 22 November 23
INDIA: GOVERNMENT PLANS 1.4 BILLION TONNE COAL OUTPUT BY 2027 - LIVEMINT
The Union coal ministry on Monday announced plans to increase India’s coal production to 1.404 billion tonne by 2027, with an eye to further ...
Wednesday, 22 November 23
OBLIGATION. INDONESIA AIMS TO START COLLECTING LEVIES FROM COAL MINERS IN JANUARY - REUTERS
Indonesia plans to start collecting levies from coal miners in January to be used to compensate miners who sell coal to the state utility at lower ...
Tuesday, 21 November 23
INDIAN COAL POWER PLANTS’ CAPACITY UTILISATION WILL IMPROVE TO 65% THIS FISCAL: - CRISIL
Coal-based thermal power units’ plant load factor (PLF) or capacity utilisation will improve to 65 percent in the current fiscal year despite ...
Tuesday, 14 November 23
CAPITAL PRODUCT PARTNERS L.P. ANNOUNCES TRANSFORMATIVE TRANSACTION INCLUDING THE ACQUISITION OF 11 NEWBUILD LNG CARRIERS FOR $3.1 BILLION
Capital Product Partners L.P. announced that it has entered into an umbrella agreement (the “Umbrella Agreement”) with Capital Maritime ...
Tuesday, 14 November 23
COAL INDIA BEATS Q2 PROFIT VIEW ON HIGH POWER DEMAND AMID WEAK MONSOON - REUTERS
Coal India on Friday reported better-than-expected second-quarter profit, helped by high power demand and boosted production amid a weak monsoon.
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- Indian Oil Corporation Limited
- Meralco Power Generation, Philippines
- Indonesian Coal Mining Association
- Coastal Gujarat Power Limited - India
- Barasentosa Lestari - Indonesia
- Madhucon Powers Ltd - India
- Uttam Galva Steels Limited - India
- Cement Manufacturers Association - India
- Sojitz Corporation - Japan
- Metalloyd Limited - United Kingdom
- Jaiprakash Power Ventures ltd
- Ministry of Transport, Egypt
- Baramulti Group, Indonesia
- The University of Queensland
- Central Electricity Authority - India
- PowerSource Philippines DevCo
- PetroVietnam Power Coal Import and Supply Company
- Global Business Power Corporation, Philippines
- GMR Energy Limited - India
- South Luzon Thermal Energy Corporation
- Savvy Resources Ltd - HongKong
- GN Power Mariveles Coal Plant, Philippines
- Aboitiz Power Corporation - Philippines
- Carbofer General Trading SA - India
- Bukit Makmur.PT - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Gujarat Sidhee Cement - India
- Australian Coal Association
- Kobexindo Tractors - Indoneisa
- Rio Tinto Coal - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Pendopo Energi Batubara - Indonesia
- Makarim & Taira - Indonesia
- Vizag Seaport Private Limited - India
- Semirara Mining and Power Corporation, Philippines
- Xindia Steels Limited - India
- Planning Commission, India
- Bhushan Steel Limited - India
- Holcim Trading Pte Ltd - Singapore
- Tata Chemicals Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Dalmia Cement Bharat India
- Intertek Mineral Services - Indonesia
- SMC Global Power, Philippines
- Binh Thuan Hamico - Vietnam
- Directorate General of MIneral and Coal - Indonesia
- Karaikal Port Pvt Ltd - India
- Videocon Industries ltd - India
- ICICI Bank Limited - India
- Bharathi Cement Corporation - India
- TeaM Sual Corporation - Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Economic Council, Georgia
- Australian Commodity Traders Exchange
- Petrochimia International Co. Ltd.- Taiwan
- IEA Clean Coal Centre - UK
- Electricity Generating Authority of Thailand
- Bahari Cakrawala Sebuku - Indonesia
- McConnell Dowell - Australia
- Vedanta Resources Plc - India
- Grasim Industreis Ltd - India
- PNOC Exploration Corporation - Philippines
- Iligan Light & Power Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- Simpson Spence & Young - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Edison Trading Spa - Italy
- Agrawal Coal Company - India
- Alfred C Toepfer International GmbH - Germany
- Larsen & Toubro Limited - India
- Eastern Energy - Thailand
- Kapuas Tunggal Persada - Indonesia
- Chettinad Cement Corporation Ltd - India
- Oldendorff Carriers - Singapore
- Indogreen Group - Indonesia
- Altura Mining Limited, Indonesia
- India Bulls Power Limited - India
- OPG Power Generation Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Wilmar Investment Holdings
- Kartika Selabumi Mining - Indonesia
- European Bulk Services B.V. - Netherlands
- Romanian Commodities Exchange
- Maharashtra Electricity Regulatory Commission - India
- SN Aboitiz Power Inc, Philippines
- CNBM International Corporation - China
- VISA Power Limited - India
- Parliament of New Zealand
- Krishnapatnam Port Company Ltd. - India
- Orica Mining Services - Indonesia
- Standard Chartered Bank - UAE
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sakthi Sugars Limited - India
- Samtan Co., Ltd - South Korea
- London Commodity Brokers - England
- CIMB Investment Bank - Malaysia
- Bayan Resources Tbk. - Indonesia
- Manunggal Multi Energi - Indonesia
- Bangladesh Power Developement Board
- Sinarmas Energy and Mining - Indonesia
- Thai Mozambique Logistica
- Merrill Lynch Commodities Europe
- Power Finance Corporation Ltd., India
- Commonwealth Bank - Australia
- Jorong Barutama Greston.PT - Indonesia
- Bulk Trading Sa - Switzerland
- Jindal Steel & Power Ltd - India
- Mjunction Services Limited - India
- Central Java Power - Indonesia
- White Energy Company Limited
- Mintek Dendrill Indonesia
- Minerals Council of Australia
- Toyota Tsusho Corporation, Japan
- Bhoruka Overseas - Indonesia
- Global Coal Blending Company Limited - Australia
- Energy Development Corp, Philippines
- Independent Power Producers Association of India
- Siam City Cement PLC, Thailand
- Banpu Public Company Limited - Thailand
- Deloitte Consulting - India
- Africa Commodities Group - South Africa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Singapore Mercantile Exchange
- SMG Consultants - Indonesia
- GAC Shipping (India) Pvt Ltd
- Gujarat Mineral Development Corp Ltd - India
- Tamil Nadu electricity Board
- Lanco Infratech Ltd - India
- Anglo American - United Kingdom
- Timah Investasi Mineral - Indoneisa
- Ministry of Finance - Indonesia
- Indian Energy Exchange, India
- Kohat Cement Company Ltd. - Pakistan
- Maheswari Brothers Coal Limited - India
- Semirara Mining Corp, Philippines
- Latin American Coal - Colombia
- Straits Asia Resources Limited - Singapore
- Trasteel International SA, Italy
- Attock Cement Pakistan Limited
- Sarangani Energy Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Orica Australia Pty. Ltd.
- Electricity Authority, New Zealand
- Asmin Koalindo Tuhup - Indonesia
- MS Steel International - UAE
- The State Trading Corporation of India Ltd
- San Jose City I Power Corp, Philippines
- Kepco SPC Power Corporation, Philippines
- Wood Mackenzie - Singapore
- Borneo Indobara - Indonesia
- Parry Sugars Refinery, India
- Posco Energy - South Korea
- Leighton Contractors Pty Ltd - Australia
- ASAPP Information Group - India
- Sindya Power Generating Company Private Ltd
- LBH Netherlands Bv - Netherlands
- Renaissance Capital - South Africa
- Thiess Contractors Indonesia
- Georgia Ports Authority, United States
- Chamber of Mines of South Africa
- Kumho Petrochemical, South Korea
- International Coal Ventures Pvt Ltd - India
- Petron Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Ind-Barath Power Infra Limited - India
- Eastern Coal Council - USA
- Kideco Jaya Agung - Indonesia
- Heidelberg Cement - Germany
- Antam Resourcindo - Indonesia
- Directorate Of Revenue Intelligence - India
- Meenaskhi Energy Private Limited - India
- Ambuja Cements Ltd - India
- Kaltim Prima Coal - Indonesia
- Marubeni Corporation - India
- Ceylon Electricity Board - Sri Lanka
- Essar Steel Hazira Ltd - India
- Therma Luzon, Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Bukit Baiduri Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- IHS Mccloskey Coal Group - USA
- Siam City Cement - Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Coal and Oil Company - UAE
- Aditya Birla Group - India
- Energy Link Ltd, New Zealand
- Vijayanagar Sugar Pvt Ltd - India
- Bhatia International Limited - India
- Billiton Holdings Pty Ltd - Australia
- Mercuria Energy - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Riau Bara Harum - Indonesia
- New Zealand Coal & Carbon
- Malabar Cements Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Goldman Sachs - Singapore
- Ministry of Mines - Canada
- Indo Tambangraya Megah - Indonesia
- Mercator Lines Limited - India
- Sical Logistics Limited - India
- Global Green Power PLC Corporation, Philippines
- Interocean Group of Companies - India
- Port Waratah Coal Services - Australia
- GVK Power & Infra Limited - India
- Medco Energi Mining Internasional
- PTC India Limited - India
- Gujarat Electricity Regulatory Commission - India
- Price Waterhouse Coopers - Russia
- Star Paper Mills Limited - India
- The Treasury - Australian Government
- Coalindo Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Formosa Plastics Group - Taiwan
- Indika Energy - Indonesia
- Rashtriya Ispat Nigam Limited - India
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