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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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Tuesday, 25 April 17
SHIPPING MARKET - ALLIED
Over the weekend we witnessed a second win over the rising populism that has become present in global politics since last summer, Allied shipping s ...
Monday, 24 April 17
THE FREIGHT MARKET WAS DOWN WEEK OVER WEEK EXCEPT FOR HANDYSIZE SEGMENT
COALspot.com: The Freight market was fell, week over a week as all segments show a negative downward trend except Handy Size segment this past week ...
Friday, 21 April 17
US WEEKLY COAL OUTPUT ON THE UP, EIA DATA SHOWS
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 14.9 million short ton ...
Thursday, 20 April 17
SHIPPING POOLS: DON'T JUST DIVE IN - MOORE STEPHENS
Shipping pools can be an attractive option for ship owners and operators, particularly in difficult markets and during periods of economic uncertai ...
Thursday, 20 April 17
THE DRY BULK MARKET IS STILL ON ITS UPWARD MOMENTUM - ALLIED SHIPPING
Having gone through the first quarter of the year and with the Easter break having no come and gone, it seems as though the dry bulk market is stil ...
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- Agrawal Coal Company - India
- Borneo Indobara - Indonesia
- Ind-Barath Power Infra Limited - India
- Banpu Public Company Limited - Thailand
- Georgia Ports Authority, United States
- Sarangani Energy Corporation, Philippines
- Eastern Coal Council - USA
- Commonwealth Bank - Australia
- Altura Mining Limited, Indonesia
- IEA Clean Coal Centre - UK
- Central Electricity Authority - India
- Jorong Barutama Greston.PT - Indonesia
- Vizag Seaport Private Limited - India
- Power Finance Corporation Ltd., India
- Eastern Energy - Thailand
- CIMB Investment Bank - Malaysia
- Madhucon Powers Ltd - India
- Minerals Council of Australia
- Samtan Co., Ltd - South Korea
- SMG Consultants - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Jindal Steel & Power Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Orica Australia Pty. Ltd.
- GVK Power & Infra Limited - India
- Therma Luzon, Inc, Philippines
- Carbofer General Trading SA - India
- Larsen & Toubro Limited - India
- SMC Global Power, Philippines
- Globalindo Alam Lestari - Indonesia
- Ministry of Mines - Canada
- Tata Chemicals Ltd - India
- Directorate Of Revenue Intelligence - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Medco Energi Mining Internasional
- The Treasury - Australian Government
- Electricity Generating Authority of Thailand
- Energy Development Corp, Philippines
- SN Aboitiz Power Inc, Philippines
- Intertek Mineral Services - Indonesia
- Riau Bara Harum - Indonesia
- Karaikal Port Pvt Ltd - India
- Sical Logistics Limited - India
- Bangladesh Power Developement Board
- Indian Oil Corporation Limited
- Standard Chartered Bank - UAE
- Central Java Power - Indonesia
- Sree Jayajothi Cements Limited - India
- Economic Council, Georgia
- Latin American Coal - Colombia
- Bhatia International Limited - India
- Indo Tambangraya Megah - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Anglo American - United Kingdom
- Marubeni Corporation - India
- San Jose City I Power Corp, Philippines
- Cigading International Bulk Terminal - Indonesia
- Semirara Mining Corp, Philippines
- PTC India Limited - India
- Bhushan Steel Limited - India
- Rashtriya Ispat Nigam Limited - India
- Binh Thuan Hamico - Vietnam
- Tamil Nadu electricity Board
- Port Waratah Coal Services - Australia
- OPG Power Generation Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Posco Energy - South Korea
- Thiess Contractors Indonesia
- Makarim & Taira - Indonesia
- Thai Mozambique Logistica
- Mjunction Services Limited - India
- PowerSource Philippines DevCo
- VISA Power Limited - India
- TeaM Sual Corporation - Philippines
- Australian Coal Association
- GAC Shipping (India) Pvt Ltd
- PNOC Exploration Corporation - Philippines
- Cement Manufacturers Association - India
- Ceylon Electricity Board - Sri Lanka
- Holcim Trading Pte Ltd - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Edison Trading Spa - Italy
- Coastal Gujarat Power Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bayan Resources Tbk. - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Aboitiz Power Corporation - Philippines
- Chamber of Mines of South Africa
- Miang Besar Coal Terminal - Indonesia
- Maheswari Brothers Coal Limited - India
- Electricity Authority, New Zealand
- Salva Resources Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Jaiprakash Power Ventures ltd
- Wilmar Investment Holdings
- Vedanta Resources Plc - India
- Star Paper Mills Limited - India
- Africa Commodities Group - South Africa
- Malabar Cements Ltd - India
- Heidelberg Cement - Germany
- Price Waterhouse Coopers - Russia
- Baramulti Group, Indonesia
- Chettinad Cement Corporation Ltd - India
- Straits Asia Resources Limited - Singapore
- IHS Mccloskey Coal Group - USA
- Indian Energy Exchange, India
- Krishnapatnam Port Company Ltd. - India
- Global Green Power PLC Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Iligan Light & Power Inc, Philippines
- Indogreen Group - Indonesia
- Deloitte Consulting - India
- Leighton Contractors Pty Ltd - Australia
- Pendopo Energi Batubara - Indonesia
- Kaltim Prima Coal - Indonesia
- Barasentosa Lestari - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- ICICI Bank Limited - India
- Videocon Industries ltd - India
- MS Steel International - UAE
- Planning Commission, India
- Kapuas Tunggal Persada - Indonesia
- Uttam Galva Steels Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Bahari Cakrawala Sebuku - Indonesia
- Simpson Spence & Young - Indonesia
- Parliament of New Zealand
- Petrochimia International Co. Ltd.- Taiwan
- Bukit Baiduri Energy - Indonesia
- Australian Commodity Traders Exchange
- Meenaskhi Energy Private Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Indika Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Pipit Mutiara Jaya. PT, Indonesia
- The University of Queensland
- Ministry of Transport, Egypt
- South Luzon Thermal Energy Corporation
- Meralco Power Generation, Philippines
- Metalloyd Limited - United Kingdom
- Goldman Sachs - Singapore
- Xindia Steels Limited - India
- Bhoruka Overseas - Indonesia
- Antam Resourcindo - Indonesia
- Siam City Cement PLC, Thailand
- GMR Energy Limited - India
- Mercuria Energy - Indonesia
- McConnell Dowell - Australia
- New Zealand Coal & Carbon
- Merrill Lynch Commodities Europe
- Manunggal Multi Energi - Indonesia
- Global Business Power Corporation, Philippines
- Singapore Mercantile Exchange
- London Commodity Brokers - England
- Essar Steel Hazira Ltd - India
- Coalindo Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- Dalmia Cement Bharat India
- Renaissance Capital - South Africa
- Aditya Birla Group - India
- Orica Mining Services - Indonesia
- Lanco Infratech Ltd - India
- Indonesian Coal Mining Association
- Mintek Dendrill Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Kepco SPC Power Corporation, Philippines
- Savvy Resources Ltd - HongKong
- International Coal Ventures Pvt Ltd - India
- Trasteel International SA, Italy
- Energy Link Ltd, New Zealand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Asmin Koalindo Tuhup - Indonesia
- Kobexindo Tractors - Indoneisa
- Attock Cement Pakistan Limited
- Gujarat Sidhee Cement - India
- Ambuja Cements Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sindya Power Generating Company Private Ltd
- Oldendorff Carriers - Singapore
- India Bulls Power Limited - India
- Independent Power Producers Association of India
- Formosa Plastics Group - Taiwan
- Kideco Jaya Agung - Indonesia
- Petron Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Alfred C Toepfer International GmbH - Germany
- Mercator Lines Limited - India
- Semirara Mining and Power Corporation, Philippines
- Ministry of Finance - Indonesia
- Bukit Makmur.PT - Indonesia
- Siam City Cement - Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- The State Trading Corporation of India Ltd
- Parry Sugars Refinery, India
- White Energy Company Limited
- Bharathi Cement Corporation - India
- Rio Tinto Coal - Australia
- Sojitz Corporation - Japan
- Coal and Oil Company - UAE
- Gujarat Mineral Development Corp Ltd - India
- Interocean Group of Companies - India
- Grasim Industreis Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Bulk Trading Sa - Switzerland
- Kalimantan Lumbung Energi - Indonesia
- CNBM International Corporation - China
- Romanian Commodities Exchange
- Sakthi Sugars Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Wood Mackenzie - Singapore
- Timah Investasi Mineral - Indoneisa
- ASAPP Information Group - India
- Kumho Petrochemical, South Korea
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