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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 February 24
DRY BULK MARKET: THE DOWNWARD REVISION IN THE GROWTH OF CAPESIZE TONNE DAYS IN JANUARY WITH THE BCI DROPPING - MARIA BERTZELETOU
In the last week of January, the dry freight market sustained weakness in the Capesize segment, while the number of ballasters in the Southeast (SE ...
Friday, 02 February 24
COAL INDIA ACHIEVES NEARLY 80% OF ITS FY24 PRODUCTION TARGET IN TEN MONTHS - CNBCTV18
For the month of January, the company’s production grew by 9.1% from the same period last year to 78.4 Million Tonnes (MT), from 71.9 MT last ...
Thursday, 01 February 24
CHINA'S WIND, SOLAR CAPACITY TO OVERTAKE COAL IN 2024 - INDUSTRY BODY, REUTERS REPORTED
China’s installed wind and solar capacity is expected to overtake coal for the first time this year, according to industry forecasts.
&nb ...
Thursday, 01 February 24
ANTI-DEDUCTION CLAUSES: CAN A CHARTERER WITHHOLD HIRE WITHOUT AN OWNER'S CONSENT? - SKULD
KNOWLEDGE TO ELEVATE
Summary
In The Anna Dorothea, the Court found that where a charterparty provides that no deduction from hire may be m ...
Thursday, 01 February 24
INDIA REBUILDS COAL STOCKS TO ENSURE ELECTRIC RELIABILITY - REUTERS
India’s electricity supply is much more comfortable at the start of 2024 than in either 2023 or 2022 as coal production has ramped up and the ...
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- Renaissance Capital - South Africa
- Larsen & Toubro Limited - India
- Karbindo Abesyapradhi - Indoneisa
- GAC Shipping (India) Pvt Ltd
- Karaikal Port Pvt Ltd - India
- Ambuja Cements Ltd - India
- Savvy Resources Ltd - HongKong
- VISA Power Limited - India
- Kumho Petrochemical, South Korea
- Jaiprakash Power Ventures ltd
- Tata Chemicals Ltd - India
- McConnell Dowell - Australia
- PowerSource Philippines DevCo
- The University of Queensland
- Altura Mining Limited, Indonesia
- PNOC Exploration Corporation - Philippines
- Georgia Ports Authority, United States
- Deloitte Consulting - India
- Gujarat Sidhee Cement - India
- Mercator Lines Limited - India
- Tamil Nadu electricity Board
- Trasteel International SA, Italy
- Bharathi Cement Corporation - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Aditya Birla Group - India
- AsiaOL BioFuels Corp., Philippines
- Power Finance Corporation Ltd., India
- Banpu Public Company Limited - Thailand
- Meenaskhi Energy Private Limited - India
- Wilmar Investment Holdings
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bhatia International Limited - India
- Bukit Makmur.PT - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Eastern Energy - Thailand
- Agrawal Coal Company - India
- Semirara Mining and Power Corporation, Philippines
- Wood Mackenzie - Singapore
- Parliament of New Zealand
- Siam City Cement PLC, Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Central Java Power - Indonesia
- Heidelberg Cement - Germany
- Mjunction Services Limited - India
- Attock Cement Pakistan Limited
- New Zealand Coal & Carbon
- Minerals Council of Australia
- Bulk Trading Sa - Switzerland
- Indian Oil Corporation Limited
- Meralco Power Generation, Philippines
- Sical Logistics Limited - India
- Merrill Lynch Commodities Europe
- Timah Investasi Mineral - Indoneisa
- TeaM Sual Corporation - Philippines
- Vizag Seaport Private Limited - India
- Indian Energy Exchange, India
- Uttam Galva Steels Limited - India
- GVK Power & Infra Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Kaltim Prima Coal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Electricity Authority, New Zealand
- Anglo American - United Kingdom
- Borneo Indobara - Indonesia
- Standard Chartered Bank - UAE
- Vijayanagar Sugar Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Coalindo Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bhushan Steel Limited - India
- Bhoruka Overseas - Indonesia
- Grasim Industreis Ltd - India
- Indika Energy - Indonesia
- London Commodity Brokers - England
- Mintek Dendrill Indonesia
- Therma Luzon, Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Goldman Sachs - Singapore
- Oldendorff Carriers - Singapore
- Global Coal Blending Company Limited - Australia
- Kapuas Tunggal Persada - Indonesia
- Dalmia Cement Bharat India
- Sinarmas Energy and Mining - Indonesia
- PTC India Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Directorate General of MIneral and Coal - Indonesia
- SMC Global Power, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Salva Resources Pvt Ltd - India
- Lanco Infratech Ltd - India
- Edison Trading Spa - Italy
- PetroVietnam Power Coal Import and Supply Company
- San Jose City I Power Corp, Philippines
- Bayan Resources Tbk. - Indonesia
- Rio Tinto Coal - Australia
- Australian Commodity Traders Exchange
- CNBM International Corporation - China
- Medco Energi Mining Internasional
- Commonwealth Bank - Australia
- Miang Besar Coal Terminal - Indonesia
- SMG Consultants - Indonesia
- Kepco SPC Power Corporation, Philippines
- Siam City Cement - Thailand
- Straits Asia Resources Limited - Singapore
- GN Power Mariveles Coal Plant, Philippines
- MS Steel International - UAE
- Samtan Co., Ltd - South Korea
- Coastal Gujarat Power Limited - India
- India Bulls Power Limited - India
- Sojitz Corporation - Japan
- Indo Tambangraya Megah - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Thai Mozambique Logistica
- Posco Energy - South Korea
- Sree Jayajothi Cements Limited - India
- Independent Power Producers Association of India
- Chettinad Cement Corporation Ltd - India
- Binh Thuan Hamico - Vietnam
- Central Electricity Authority - India
- Manunggal Multi Energi - Indonesia
- Singapore Mercantile Exchange
- Kideco Jaya Agung - Indonesia
- IEA Clean Coal Centre - UK
- Gujarat Mineral Development Corp Ltd - India
- Energy Development Corp, Philippines
- The Treasury - Australian Government
- ASAPP Information Group - India
- Simpson Spence & Young - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Semirara Mining Corp, Philippines
- Parry Sugars Refinery, India
- Electricity Generating Authority of Thailand
- Economic Council, Georgia
- Formosa Plastics Group - Taiwan
- Iligan Light & Power Inc, Philippines
- White Energy Company Limited
- Kalimantan Lumbung Energi - Indonesia
- Makarim & Taira - Indonesia
- International Coal Ventures Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Carbofer General Trading SA - India
- Jindal Steel & Power Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Global Business Power Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Malabar Cements Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Leighton Contractors Pty Ltd - Australia
- Toyota Tsusho Corporation, Japan
- Chamber of Mines of South Africa
- CIMB Investment Bank - Malaysia
- Cement Manufacturers Association - India
- Marubeni Corporation - India
- Eastern Coal Council - USA
- LBH Netherlands Bv - Netherlands
- Energy Link Ltd, New Zealand
- Aboitiz Power Corporation - Philippines
- Kohat Cement Company Ltd. - Pakistan
- Barasentosa Lestari - Indonesia
- Intertek Mineral Services - Indonesia
- Romanian Commodities Exchange
- Latin American Coal - Colombia
- Indonesian Coal Mining Association
- Bukit Baiduri Energy - Indonesia
- Ministry of Mines - Canada
- Interocean Group of Companies - India
- Petron Corporation, Philippines
- Thiess Contractors Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Australian Coal Association
- GMR Energy Limited - India
- Ministry of Finance - Indonesia
- SN Aboitiz Power Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Ministry of Transport, Egypt
- Baramulti Group, Indonesia
- Port Waratah Coal Services - Australia
- Pendopo Energi Batubara - Indonesia
- ICICI Bank Limited - India
- Coal and Oil Company - UAE
- Madhucon Powers Ltd - India
- Sakthi Sugars Limited - India
- Planning Commission, India
- Antam Resourcindo - Indonesia
- Africa Commodities Group - South Africa
- Holcim Trading Pte Ltd - Singapore
- Global Green Power PLC Corporation, Philippines
- Orica Australia Pty. Ltd.
- Maheswari Brothers Coal Limited - India
- Star Paper Mills Limited - India
- Mercuria Energy - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Sindya Power Generating Company Private Ltd
- Riau Bara Harum - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Essar Steel Hazira Ltd - India
- The State Trading Corporation of India Ltd
- Xindia Steels Limited - India
- Orica Mining Services - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Bahari Cakrawala Sebuku - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Indogreen Group - Indonesia
- Kobexindo Tractors - Indoneisa
- Bangladesh Power Developement Board
- Rashtriya Ispat Nigam Limited - India
- Vedanta Resources Plc - India
- Metalloyd Limited - United Kingdom
- European Bulk Services B.V. - Netherlands
- Price Waterhouse Coopers - Russia
- Videocon Industries ltd - India
- Directorate Of Revenue Intelligence - India
- South Luzon Thermal Energy Corporation
- OPG Power Generation Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
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