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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, 24 February 17
RUSSIAN OIL AND GAS WITHSTANDS OIL PRICE SHOCK - FITCH RATINGS
Fitch Ratings says in a new report that the Russian oil and gas sector has withstood the oil price stock of 1H16. Key events of 2016 include record ...
Friday, 24 February 17
US WEEKLY COAL OUTPUT ESTIMATED AT 16.8 MMST - EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 16.8 million short ton ...
Thursday, 23 February 17
ULTRA SUPRAMAX: INDONESIA TO INDIA IS GETTING AROUND $10-11K BASIS SINGAPORE DELIVERY
Supramax
The week started off quietly in the Atlantic with more activity in the Pacific basin.
According to Fearnleys weekly report, frontha ...
Wednesday, 22 February 17
TANKER MARKET INSIGHT - KATERINA RESTIS
In 2016 a session of the IMO committee in London, set the new prerequisites effective from January 2020, which will necessitate global Sulphur cont ...
Tuesday, 21 February 17
INDIA'S JANUARY COAL IMPORTS DECLINE 21.7 PERCENT YEAR -ON-YEAR TO 14.31 MT - PTI
Coal imports declined by 21.7 per cent to 14.31 million tonnes in January as the power utilities did not lift much fuel due to abundant stock avail ...
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- Cement Manufacturers Association - India
- Barasentosa Lestari - Indonesia
- Thai Mozambique Logistica
- Australian Commodity Traders Exchange
- Kohat Cement Company Ltd. - Pakistan
- Bayan Resources Tbk. - Indonesia
- Aditya Birla Group - India
- Krishnapatnam Port Company Ltd. - India
- Meralco Power Generation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Attock Cement Pakistan Limited
- Bukit Asam (Persero) Tbk - Indonesia
- Salva Resources Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Ceylon Electricity Board - Sri Lanka
- Rashtriya Ispat Nigam Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Asmin Koalindo Tuhup - Indonesia
- Directorate Of Revenue Intelligence - India
- Singapore Mercantile Exchange
- Electricity Authority, New Zealand
- Manunggal Multi Energi - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indonesian Coal Mining Association
- Essar Steel Hazira Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Parry Sugars Refinery, India
- Indian Energy Exchange, India
- Videocon Industries ltd - India
- Sree Jayajothi Cements Limited - India
- Ministry of Mines - Canada
- Savvy Resources Ltd - HongKong
- TNB Fuel Sdn Bhd - Malaysia
- White Energy Company Limited
- Central Java Power - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Chettinad Cement Corporation Ltd - India
- Eastern Coal Council - USA
- Ministry of Transport, Egypt
- Carbofer General Trading SA - India
- Kobexindo Tractors - Indoneisa
- Kepco SPC Power Corporation, Philippines
- Goldman Sachs - Singapore
- Bulk Trading Sa - Switzerland
- The University of Queensland
- Pipit Mutiara Jaya. PT, Indonesia
- Lanco Infratech Ltd - India
- PowerSource Philippines DevCo
- Sojitz Corporation - Japan
- Price Waterhouse Coopers - Russia
- Orica Australia Pty. Ltd.
- Neyveli Lignite Corporation Ltd, - India
- IEA Clean Coal Centre - UK
- Toyota Tsusho Corporation, Japan
- SMG Consultants - Indonesia
- Bhatia International Limited - India
- Thiess Contractors Indonesia
- GVK Power & Infra Limited - India
- VISA Power Limited - India
- Ambuja Cements Ltd - India
- Kumho Petrochemical, South Korea
- Bhoruka Overseas - Indonesia
- Indo Tambangraya Megah - Indonesia
- Bukit Baiduri Energy - Indonesia
- Indika Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- India Bulls Power Limited - India
- Economic Council, Georgia
- London Commodity Brokers - England
- Therma Luzon, Inc, Philippines
- Uttam Galva Steels Limited - India
- Banpu Public Company Limited - Thailand
- Energy Development Corp, Philippines
- Simpson Spence & Young - Indonesia
- Siam City Cement - Thailand
- Borneo Indobara - Indonesia
- OPG Power Generation Pvt Ltd - India
- Agrawal Coal Company - India
- International Coal Ventures Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Bangladesh Power Developement Board
- Sarangani Energy Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Timah Investasi Mineral - Indoneisa
- Madhucon Powers Ltd - India
- Indian Oil Corporation Limited
- Alfred C Toepfer International GmbH - Germany
- Star Paper Mills Limited - India
- CNBM International Corporation - China
- Planning Commission, India
- Global Coal Blending Company Limited - Australia
- Standard Chartered Bank - UAE
- Wood Mackenzie - Singapore
- Leighton Contractors Pty Ltd - Australia
- Romanian Commodities Exchange
- Medco Energi Mining Internasional
- Pendopo Energi Batubara - Indonesia
- Kaltim Prima Coal - Indonesia
- Heidelberg Cement - Germany
- ASAPP Information Group - India
- Sical Logistics Limited - India
- MS Steel International - UAE
- PNOC Exploration Corporation - Philippines
- Siam City Cement PLC, Thailand
- Miang Besar Coal Terminal - Indonesia
- Latin American Coal - Colombia
- San Jose City I Power Corp, Philippines
- Mjunction Services Limited - India
- Oldendorff Carriers - Singapore
- Grasim Industreis Ltd - India
- Africa Commodities Group - South Africa
- Antam Resourcindo - Indonesia
- Meenaskhi Energy Private Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Central Electricity Authority - India
- Globalindo Alam Lestari - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Indogreen Group - Indonesia
- Holcim Trading Pte Ltd - Singapore
- AsiaOL BioFuels Corp., Philippines
- Coal and Oil Company - UAE
- Tata Chemicals Ltd - India
- GMR Energy Limited - India
- Parliament of New Zealand
- LBH Netherlands Bv - Netherlands
- Sakthi Sugars Limited - India
- Binh Thuan Hamico - Vietnam
- Australian Coal Association
- Bhushan Steel Limited - India
- TeaM Sual Corporation - Philippines
- Chamber of Mines of South Africa
- The State Trading Corporation of India Ltd
- Formosa Plastics Group - Taiwan
- Makarim & Taira - Indonesia
- South Luzon Thermal Energy Corporation
- Cigading International Bulk Terminal - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Independent Power Producers Association of India
- Orica Mining Services - Indonesia
- Marubeni Corporation - India
- Mercator Lines Limited - India
- Merrill Lynch Commodities Europe
- Riau Bara Harum - Indonesia
- Semirara Mining Corp, Philippines
- Jaiprakash Power Ventures ltd
- Kapuas Tunggal Persada - Indonesia
- Kartika Selabumi Mining - Indonesia
- Eastern Energy - Thailand
- CIMB Investment Bank - Malaysia
- Intertek Mineral Services - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Gujarat Electricity Regulatory Commission - India
- Interocean Group of Companies - India
- Global Green Power PLC Corporation, Philippines
- Anglo American - United Kingdom
- Altura Mining Limited, Indonesia
- Straits Asia Resources Limited - Singapore
- Ministry of Finance - Indonesia
- Jindal Steel & Power Ltd - India
- SMC Global Power, Philippines
- Dalmia Cement Bharat India
- Mintek Dendrill Indonesia
- Maheswari Brothers Coal Limited - India
- The Treasury - Australian Government
- Port Waratah Coal Services - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Power Finance Corporation Ltd., India
- Rio Tinto Coal - Australia
- Global Business Power Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Posco Energy - South Korea
- Metalloyd Limited - United Kingdom
- Baramulti Group, Indonesia
- Renaissance Capital - South Africa
- Asia Pacific Energy Resources Ventures Inc, Philippines
- SN Aboitiz Power Inc, Philippines
- Vedanta Resources Plc - India
- Edison Trading Spa - Italy
- Vizag Seaport Private Limited - India
- Coalindo Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- Bukit Makmur.PT - Indonesia
- Larsen & Toubro Limited - India
- New Zealand Coal & Carbon
- IHS Mccloskey Coal Group - USA
- Billiton Holdings Pty Ltd - Australia
- Trasteel International SA, Italy
- PetroVietnam Power Coal Import and Supply Company
- Commonwealth Bank - Australia
- Bahari Cakrawala Sebuku - Indonesia
- ICICI Bank Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Samtan Co., Ltd - South Korea
- Georgia Ports Authority, United States
- Electricity Generating Authority of Thailand
- Mercuria Energy - Indonesia
- Tamil Nadu electricity Board
- Kideco Jaya Agung - Indonesia
- McConnell Dowell - Australia
- Karaikal Port Pvt Ltd - India
- Malabar Cements Ltd - India
- Deloitte Consulting - India
- Sindya Power Generating Company Private Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Semirara Mining and Power Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Minerals Council of Australia
- Xindia Steels Limited - India
- Coastal Gujarat Power Limited - India
- PTC India Limited - India
- Energy Link Ltd, New Zealand
- Wilmar Investment Holdings
- Bharathi Cement Corporation - India
- Gujarat Sidhee Cement - India
- Petron Corporation, Philippines
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