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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, 22 March 24
INDONESIA APPROVES 922.14 MLN T COAL PRODUCTION QUOTA FOR 2024, ABOVE TARGET - REUTERS
Indonesia has approved coal production quotas totalling 922.14 million metric tons for 2024, Bambang Suswantono, a senior official at the mining mi ...
Friday, 22 March 24
CHINA COAL INDUSTRY GROUP EXPECTS OUTPUT GROWTH TO SLOW IN 2024 - REUTERS
China’s coal output is expected to increase 36 million metric tons, or 0.8%, to about 4.7 billion tonnes in 2024, a Chinese coal industry gro ...
Monday, 18 March 24
THREE KEY TAKEAWAYS FROM OUR EUROPE GAS MARKETS SHORT-TERM OUTLOOK Q1 2024 - WOOD MACKENZIE
European gas prices are currently back to pre-crisis levels, but with a complex series of factors affecting future supply and demand, are they set ...
Wednesday, 06 March 24
INDONESIA AIMS TO FINISH MINING OUTPUT QUOTAS APPROVAL BY END-MARCH, OFFICIAL SAYS - REUTERS
Indonesia’s has approved the mining production quotarequests from more than 120mineral companies and aims to complete the approval process th ...
Monday, 04 March 24
IS YOUR GUARANTEE A GUARANTEE? NOTE TO SHIPOWNERS - GARD
KNOWLEDGE TO ELEVATE
The law of guarantees is not always obvious or easy to understand without proper guidance. This article clarifies the dif ...
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Showing 26 to 30 news of total 6871 |
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- TNB Fuel Sdn Bhd - Malaysia
- Essar Steel Hazira Ltd - India
- Sree Jayajothi Cements Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Kumho Petrochemical, South Korea
- Indian Oil Corporation Limited
- Makarim & Taira - Indonesia
- The State Trading Corporation of India Ltd
- GN Power Mariveles Coal Plant, Philippines
- Latin American Coal - Colombia
- VISA Power Limited - India
- Iligan Light & Power Inc, Philippines
- Indian Energy Exchange, India
- Global Green Power PLC Corporation, Philippines
- Riau Bara Harum - Indonesia
- Malabar Cements Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Planning Commission, India
- GAC Shipping (India) Pvt Ltd
- Miang Besar Coal Terminal - Indonesia
- Indo Tambangraya Megah - Indonesia
- Banpu Public Company Limited - Thailand
- Bayan Resources Tbk. - Indonesia
- Deloitte Consulting - India
- Directorate Of Revenue Intelligence - India
- The University of Queensland
- Global Business Power Corporation, Philippines
- Larsen & Toubro Limited - India
- London Commodity Brokers - England
- The Treasury - Australian Government
- Offshore Bulk Terminal Pte Ltd, Singapore
- Grasim Industreis Ltd - India
- Uttam Galva Steels Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Tamil Nadu electricity Board
- Videocon Industries ltd - India
- Ceylon Electricity Board - Sri Lanka
- Ministry of Transport, Egypt
- SMC Global Power, Philippines
- Siam City Cement PLC, Thailand
- Bhushan Steel Limited - India
- Attock Cement Pakistan Limited
- Semirara Mining Corp, Philippines
- Leighton Contractors Pty Ltd - Australia
- Sakthi Sugars Limited - India
- Sindya Power Generating Company Private Ltd
- Baramulti Group, Indonesia
- Gujarat Sidhee Cement - India
- Energy Development Corp, Philippines
- Alfred C Toepfer International GmbH - Germany
- Orica Australia Pty. Ltd.
- Pendopo Energi Batubara - Indonesia
- Samtan Co., Ltd - South Korea
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indogreen Group - Indonesia
- Commonwealth Bank - Australia
- Renaissance Capital - South Africa
- Vijayanagar Sugar Pvt Ltd - India
- GVK Power & Infra Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Aditya Birla Group - India
- OPG Power Generation Pvt Ltd - India
- ASAPP Information Group - India
- International Coal Ventures Pvt Ltd - India
- Indika Energy - Indonesia
- Mercator Lines Limited - India
- Thiess Contractors Indonesia
- Billiton Holdings Pty Ltd - Australia
- LBH Netherlands Bv - Netherlands
- Altura Mining Limited, Indonesia
- IHS Mccloskey Coal Group - USA
- Electricity Authority, New Zealand
- GMR Energy Limited - India
- Kaltim Prima Coal - Indonesia
- Ambuja Cements Ltd - India
- Carbofer General Trading SA - India
- Africa Commodities Group - South Africa
- Karaikal Port Pvt Ltd - India
- Mjunction Services Limited - India
- ICICI Bank Limited - India
- Therma Luzon, Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Metalloyd Limited - United Kingdom
- Maheswari Brothers Coal Limited - India
- Timah Investasi Mineral - Indoneisa
- Asmin Koalindo Tuhup - Indonesia
- European Bulk Services B.V. - Netherlands
- Independent Power Producers Association of India
- South Luzon Thermal Energy Corporation
- SMG Consultants - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Eastern Energy - Thailand
- Romanian Commodities Exchange
- Wilmar Investment Holdings
- Dalmia Cement Bharat India
- Standard Chartered Bank - UAE
- PowerSource Philippines DevCo
- Antam Resourcindo - Indonesia
- Bukit Baiduri Energy - Indonesia
- Ministry of Mines - Canada
- Australian Coal Association
- Madhucon Powers Ltd - India
- Globalindo Alam Lestari - Indonesia
- Power Finance Corporation Ltd., India
- Xindia Steels Limited - India
- Rio Tinto Coal - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PTC India Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Trasteel International SA, Italy
- Sojitz Corporation - Japan
- Eastern Coal Council - USA
- Kohat Cement Company Ltd. - Pakistan
- Bulk Trading Sa - Switzerland
- Karbindo Abesyapradhi - Indoneisa
- Formosa Plastics Group - Taiwan
- Kepco SPC Power Corporation, Philippines
- Singapore Mercantile Exchange
- Edison Trading Spa - Italy
- Orica Mining Services - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Cement Manufacturers Association - India
- Jaiprakash Power Ventures ltd
- SN Aboitiz Power Inc, Philippines
- Siam City Cement - Thailand
- Salva Resources Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Toyota Tsusho Corporation, Japan
- TeaM Sual Corporation - Philippines
- Merrill Lynch Commodities Europe
- Krishnapatnam Port Company Ltd. - India
- Petrochimia International Co. Ltd.- Taiwan
- Sarangani Energy Corporation, Philippines
- Coalindo Energy - Indonesia
- Meralco Power Generation, Philippines
- Star Paper Mills Limited - India
- AsiaOL BioFuels Corp., Philippines
- Bhatia International Limited - India
- San Jose City I Power Corp, Philippines
- Ministry of Finance - Indonesia
- Global Coal Blending Company Limited - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- India Bulls Power Limited - India
- Energy Link Ltd, New Zealand
- Savvy Resources Ltd - HongKong
- New Zealand Coal & Carbon
- Parliament of New Zealand
- Economic Council, Georgia
- Central Java Power - Indonesia
- Coal and Oil Company - UAE
- Mercuria Energy - Indonesia
- Goldman Sachs - Singapore
- Semirara Mining and Power Corporation, Philippines
- White Energy Company Limited
- Kartika Selabumi Mining - Indonesia
- Parry Sugars Refinery, India
- Oldendorff Carriers - Singapore
- Port Waratah Coal Services - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Borneo Indobara - Indonesia
- Lanco Infratech Ltd - India
- IEA Clean Coal Centre - UK
- McConnell Dowell - Australia
- Cigading International Bulk Terminal - Indonesia
- MS Steel International - UAE
- Binh Thuan Hamico - Vietnam
- Marubeni Corporation - India
- Anglo American - United Kingdom
- Jindal Steel & Power Ltd - India
- Vizag Seaport Private Limited - India
- CNBM International Corporation - China
- Manunggal Multi Energi - Indonesia
- Wood Mackenzie - Singapore
- Bharathi Cement Corporation - India
- Australian Commodity Traders Exchange
- Kideco Jaya Agung - Indonesia
- Bhoruka Overseas - Indonesia
- Chamber of Mines of South Africa
- Bukit Makmur.PT - Indonesia
- Posco Energy - South Korea
- Coastal Gujarat Power Limited - India
- Simpson Spence & Young - Indonesia
- Barasentosa Lestari - Indonesia
- CIMB Investment Bank - Malaysia
- Agrawal Coal Company - India
- Meenaskhi Energy Private Limited - India
- Tata Chemicals Ltd - India
- Straits Asia Resources Limited - Singapore
- Bangladesh Power Developement Board
- PNOC Exploration Corporation - Philippines
- Rashtriya Ispat Nigam Limited - India
- Central Electricity Authority - India
- Vedanta Resources Plc - India
- Medco Energi Mining Internasional
- Sinarmas Energy and Mining - Indonesia
- Ind-Barath Power Infra Limited - India
- Intertek Mineral Services - Indonesia
- Indonesian Coal Mining Association
- Petron Corporation, Philippines
- Interocean Group of Companies - India
- Price Waterhouse Coopers - Russia
- Sical Logistics Limited - India
- Kobexindo Tractors - Indoneisa
- Georgia Ports Authority, United States
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Heidelberg Cement - Germany
- Jorong Barutama Greston.PT - Indonesia
- Chettinad Cement Corporation Ltd - India
- Minerals Council of Australia
- Directorate General of MIneral and Coal - Indonesia
- Electricity Generating Authority of Thailand
- Mintek Dendrill Indonesia
- Aboitiz Power Corporation - Philippines
- Thai Mozambique Logistica
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