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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, 07 June 17
INDO HBA INDEX SEE LARGEST DROP SINCE FEBRUARY 2017
COALspot.com: Indonesian coal benchmark price decline 9.96% in June, government data showed.
The benchmark price of Indonesian thermal coal de ...
Wednesday, 07 June 17
MARKET INSIGHT - PANOS MAKRINOS
2017 undoubtedly began with very optimistic signs for the future of the Oil & Gas industry on the back of the Vienna Agreement. OPEC and non-OP ...
Tuesday, 06 June 17
THE FREIGHT MARKET WAS CONTINUE TO TUMBLE THIS PAST WEEK
COALspot.com: The Freight market continued to tumble this past week, as BDI and cape index showed a negative trend week over week.
The Baltic ...
Friday, 02 June 17
THE WORLD COAL ASSOCIATION HAS RESPONDED TO THE WITHDRAWAL OF THE UNITED STATES FROM THE PARIS AGREEMENT
“This decision is the result of a failure to build a genuine coalition on climate action that recognises the role of all technologies, includ ...
Friday, 02 June 17
MOL SIGNS COAL TRANSPORT DEAL WITH THERMAL POWERTECH CORPORATION INDIA LIMITED
MOL Signs Coal Transport Deal with Thermal Powertech Corporation India Limited - Contributing to a Stable Power Supply in India -
Jun ...
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- Parry Sugars Refinery, India
- London Commodity Brokers - England
- Alfred C Toepfer International GmbH - Germany
- European Bulk Services B.V. - Netherlands
- Siam City Cement - Thailand
- Singapore Mercantile Exchange
- Cigading International Bulk Terminal - Indonesia
- Global Green Power PLC Corporation, Philippines
- Medco Energi Mining Internasional
- Energy Development Corp, Philippines
- Bharathi Cement Corporation - India
- GVK Power & Infra Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Formosa Plastics Group - Taiwan
- Aditya Birla Group - India
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- Indogreen Group - Indonesia
- Thai Mozambique Logistica
- Ministry of Mines - Canada
- OPG Power Generation Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- GAC Shipping (India) Pvt Ltd
- Indian Energy Exchange, India
- ASAPP Information Group - India
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- International Coal Ventures Pvt Ltd - India
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- Sojitz Corporation - Japan
- Mintek Dendrill Indonesia
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- The State Trading Corporation of India Ltd
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- Manunggal Multi Energi - Indonesia
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- Australian Coal Association
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- Minerals Council of Australia
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- Merrill Lynch Commodities Europe
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- Parliament of New Zealand
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- Karbindo Abesyapradhi - Indoneisa
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- Meenaskhi Energy Private Limited - India
- Kaltim Prima Coal - Indonesia
- Sarangani Energy Corporation, Philippines
- PowerSource Philippines DevCo
- Antam Resourcindo - Indonesia
- Australian Commodity Traders Exchange
- The Treasury - Australian Government
- Trasteel International SA, Italy
- Power Finance Corporation Ltd., India
- Indika Energy - Indonesia
- Attock Cement Pakistan Limited
- Planning Commission, India
- LBH Netherlands Bv - Netherlands
- Wood Mackenzie - Singapore
- Billiton Holdings Pty Ltd - Australia
- Toyota Tsusho Corporation, Japan
- Timah Investasi Mineral - Indoneisa
- SMG Consultants - Indonesia
- IHS Mccloskey Coal Group - USA
- Renaissance Capital - South Africa
- Semirara Mining Corp, Philippines
- Lanco Infratech Ltd - India
- The University of Queensland
- Ceylon Electricity Board - Sri Lanka
- Edison Trading Spa - Italy
- Kobexindo Tractors - Indoneisa
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- Standard Chartered Bank - UAE
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- TNB Fuel Sdn Bhd - Malaysia
- Energy Link Ltd, New Zealand
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- Cement Manufacturers Association - India
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- Global Coal Blending Company Limited - Australia
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- Siam City Cement PLC, Thailand
- VISA Power Limited - India
- Intertek Mineral Services - Indonesia
- IEA Clean Coal Centre - UK
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- Africa Commodities Group - South Africa
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- Deloitte Consulting - India
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- New Zealand Coal & Carbon
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- Indian Oil Corporation Limited
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- Eastern Coal Council - USA
- Electricity Generating Authority of Thailand
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- AsiaOL BioFuels Corp., Philippines
- Directorate General of MIneral and Coal - Indonesia
- Jindal Steel & Power Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Indo Tambangraya Megah - Indonesia
- Bhoruka Overseas - Indonesia
- Wilmar Investment Holdings
- Electricity Authority, New Zealand
- Bulk Trading Sa - Switzerland
- Salva Resources Pvt Ltd - India
- Agrawal Coal Company - India
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- Essar Steel Hazira Ltd - India
- Gujarat Mineral Development Corp Ltd - India
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- Commonwealth Bank - Australia
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- Chamber of Mines of South Africa
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- Romanian Commodities Exchange
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