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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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Monday, 30 January 17
DUE TO LUNAR YEAR HOLIDAYS, THE FREIGHT MARKET STAYED WEAK
COALspot.com: Due to Lunar year holidays and celebration, the Freight market was down in all segments this past week.
The Baltic Exchange, tra ...
Friday, 27 January 17
U.S WEEKLY COAL OUTPUT RISES FOR THIRD STRAIGHT WEEK
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 16.8 million short ton ...
Wednesday, 25 January 17
MARKET INSIGHT - KONSTANTINOS KAKAVITSAS
Remember that old but classic song called “Destination Unknown”? Well that is where the oil market is heading right now. The song made ...
Tuesday, 24 January 17
MARKET UPDATE - ALLIED
This week at the World Economic Forum in the Swiss resort of Davos we had a historic first via the attendance and speech given by China’s pre ...
Monday, 23 January 17
THE PORT OF NEWCASTLE SHIPPED $AU 15.279 BILLION WORTH OF 161.399 MILLION TONS OF COAL IN 2016
COALspot.com: The Port of Newcastle, Australia’s major trading ports and the world’s largest coal export port has shipped $AU 1,453.1 M ...
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- PNOC Exploration Corporation - Philippines
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- Edison Trading Spa - Italy
- Gujarat Electricity Regulatory Commission - India
- Sinarmas Energy and Mining - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- GAC Shipping (India) Pvt Ltd
- New Zealand Coal & Carbon
- Directorate General of MIneral and Coal - Indonesia
- International Coal Ventures Pvt Ltd - India
- Ministry of Transport, Egypt
- Mjunction Services Limited - India
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- Jaiprakash Power Ventures ltd
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- Samtan Co., Ltd - South Korea
- Intertek Mineral Services - Indonesia
- McConnell Dowell - Australia
- Petron Corporation, Philippines
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- Kumho Petrochemical, South Korea
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- Bayan Resources Tbk. - Indonesia
- Central Electricity Authority - India
- Global Business Power Corporation, Philippines
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- Sakthi Sugars Limited - India
- Posco Energy - South Korea
- Independent Power Producers Association of India
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- PTC India Limited - India
- Wood Mackenzie - Singapore
- Georgia Ports Authority, United States
- VISA Power Limited - India
- Energy Development Corp, Philippines
- Rio Tinto Coal - Australia
- Indian Energy Exchange, India
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- Mercuria Energy - Indonesia
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- Global Coal Blending Company Limited - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Barasentosa Lestari - Indonesia
- Thiess Contractors Indonesia
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- ASAPP Information Group - India
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Semirara Mining and Power Corporation, Philippines
- Australian Coal Association
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- San Jose City I Power Corp, Philippines
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- Africa Commodities Group - South Africa
- Maheswari Brothers Coal Limited - India
- Romanian Commodities Exchange
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- Alfred C Toepfer International GmbH - Germany
- Anglo American - United Kingdom
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- The State Trading Corporation of India Ltd
- Larsen & Toubro Limited - India
- Toyota Tsusho Corporation, Japan
- Riau Bara Harum - Indonesia
- Mintek Dendrill Indonesia
- Medco Energi Mining Internasional
- Commonwealth Bank - Australia
- Cement Manufacturers Association - India
- Neyveli Lignite Corporation Ltd, - India
- Price Waterhouse Coopers - Russia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Siam City Cement PLC, Thailand
- Banpu Public Company Limited - Thailand
- ICICI Bank Limited - India
- Tata Chemicals Ltd - India
- Minerals Council of Australia
- Chamber of Mines of South Africa
- Semirara Mining Corp, Philippines
- Ind-Barath Power Infra Limited - India
- Bhatia International Limited - India
- Miang Besar Coal Terminal - Indonesia
- Essar Steel Hazira Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Simpson Spence & Young - Indonesia
- Sindya Power Generating Company Private Ltd
- India Bulls Power Limited - India
- CIMB Investment Bank - Malaysia
- Sree Jayajothi Cements Limited - India
- The University of Queensland
- Savvy Resources Ltd - HongKong
- Electricity Authority, New Zealand
- Metalloyd Limited - United Kingdom
- Videocon Industries ltd - India
- Bukit Makmur.PT - Indonesia
- GMR Energy Limited - India
- Central Java Power - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bhushan Steel Limited - India
- Australian Commodity Traders Exchange
- Makarim & Taira - Indonesia
- Indo Tambangraya Megah - Indonesia
- Vizag Seaport Private Limited - India
- Kobexindo Tractors - Indoneisa
- Deloitte Consulting - India
- Siam City Cement - Thailand
- Rashtriya Ispat Nigam Limited - India
- Wilmar Investment Holdings
- Meenaskhi Energy Private Limited - India
- Bharathi Cement Corporation - India
- Parliament of New Zealand
- Ministry of Finance - Indonesia
- Orica Australia Pty. Ltd.
- Therma Luzon, Inc, Philippines
- Bhoruka Overseas - Indonesia
- Economic Council, Georgia
- Kalimantan Lumbung Energi - Indonesia
- Heidelberg Cement - Germany
- IHS Mccloskey Coal Group - USA
- Power Finance Corporation Ltd., India
- Kapuas Tunggal Persada - Indonesia
- Holcim Trading Pte Ltd - Singapore
- The Treasury - Australian Government
- South Luzon Thermal Energy Corporation
- Bahari Cakrawala Sebuku - Indonesia
- Interocean Group of Companies - India
- Formosa Plastics Group - Taiwan
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- Asmin Koalindo Tuhup - Indonesia
- Merrill Lynch Commodities Europe
- Bulk Trading Sa - Switzerland
- Singapore Mercantile Exchange
- Antam Resourcindo - Indonesia
- Agrawal Coal Company - India
- TNB Fuel Sdn Bhd - Malaysia
- Aboitiz Power Corporation - Philippines
- Eastern Energy - Thailand
- Globalindo Alam Lestari - Indonesia
- Malabar Cements Ltd - India
- Jindal Steel & Power Ltd - India
- Gujarat Sidhee Cement - India
- Attock Cement Pakistan Limited
- Baramulti Group, Indonesia
- Meralco Power Generation, Philippines
- Standard Chartered Bank - UAE
- Oldendorff Carriers - Singapore
- Indogreen Group - Indonesia
- Trasteel International SA, Italy
- Kideco Jaya Agung - Indonesia
- Pendopo Energi Batubara - Indonesia
- Madhucon Powers Ltd - India
- Straits Asia Resources Limited - Singapore
- PowerSource Philippines DevCo
- Tamil Nadu electricity Board
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Marubeni Corporation - India
- Vijayanagar Sugar Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Eastern Coal Council - USA
- Chettinad Cement Corporation Ltd - India
- Energy Link Ltd, New Zealand
- LBH Netherlands Bv - Netherlands
- SMC Global Power, Philippines
- Sical Logistics Limited - India
- Ministry of Mines - Canada
- SN Aboitiz Power Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- CNBM International Corporation - China
- Indian Oil Corporation Limited
- Coal and Oil Company - UAE
- PetroVietnam Power Coal Import and Supply Company
- Krishnapatnam Port Company Ltd. - India
- Directorate Of Revenue Intelligence - India
- SMG Consultants - Indonesia
- Sojitz Corporation - Japan
- TeaM Sual Corporation - Philippines
- MS Steel International - UAE
- Global Green Power PLC Corporation, Philippines
- Goldman Sachs - Singapore
- Kaltim Prima Coal - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Mercator Lines Limited - India
- Coalindo Energy - Indonesia
- Planning Commission, India
- Renaissance Capital - South Africa
- Grasim Industreis Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Leighton Contractors Pty Ltd - Australia
- Kepco SPC Power Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- White Energy Company Limited
- Parry Sugars Refinery, India
- Orica Mining Services - Indonesia
- Dalmia Cement Bharat India
- Bangladesh Power Developement Board
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Manunggal Multi Energi - Indonesia
- Binh Thuan Hamico - Vietnam
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- European Bulk Services B.V. - Netherlands
- Borneo Indobara - Indonesia
- Indonesian Coal Mining Association
- Uttam Galva Steels Limited - India
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