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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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Thursday, 03 November 16
THE INDEX BASED COAL SALES & PURCHASE STRATEGY MAKES MORE EFFICIENT, SAYS 55.17% END-USERS
Considering the current coal market condition, the Index based coal sales & purchase strategy make more efficient was deemed the winner by 57.0 ...
Thursday, 03 November 16
CAPESIZE: BRAZIL/CHINA RATES MOVED TO THE $11 PMT LEVEL; WEST AUSTRALIA/CHINA ROUTE MOVED UP CLOSE TO MID $5 PMT LEVEL - FEARNLEYS
Supramax
In the Atlantic we see a bit more activity than in the eastern hemisphere, says Fearnleys in its latest weekly report. Fhauls via Black ...
Wednesday, 02 November 16
SHIPPING MARKET INSIGHT
A week before the U.S. presidential election, everyone is eager to see the socio-political effects that the result of these elections will have. As ...
Wednesday, 02 November 16
SHIP OPERATING COSTS ARE EXPECTED TO RISE IN BOTH 2016 AND 2017 - MOORE STEPHENS
Vessel operating costs are expected to rise in both 2016 and 2017. Repairs and maintenance and spares are the cost categories which are likely to i ...
Tuesday, 01 November 16
PANAMAX : A FAIR AMOUNT OF SIDEWAYS SHIPPING IN RATES - ALLIED SHIPPING
Capesize
A very sluggish start to the week, with rates dropping considerably as all optimism seems to have evaporated over the weekend. According ...
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- Sakthi Sugars Limited - India
- Global Business Power Corporation, Philippines
- MS Steel International - UAE
- Toyota Tsusho Corporation, Japan
- Ind-Barath Power Infra Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Kumho Petrochemical, South Korea
- Aboitiz Power Corporation - Philippines
- Global Green Power PLC Corporation, Philippines
- Indian Oil Corporation Limited
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- LBH Netherlands Bv - Netherlands
- Indika Energy - Indonesia
- Tamil Nadu electricity Board
- Banpu Public Company Limited - Thailand
- Jorong Barutama Greston.PT - Indonesia
- Lanco Infratech Ltd - India
- Binh Thuan Hamico - Vietnam
- Indogreen Group - Indonesia
- Videocon Industries ltd - India
- Tata Chemicals Ltd - India
- ASAPP Information Group - India
- Edison Trading Spa - Italy
- Sical Logistics Limited - India
- PowerSource Philippines DevCo
- IHS Mccloskey Coal Group - USA
- Meenaskhi Energy Private Limited - India
- Directorate Of Revenue Intelligence - India
- Romanian Commodities Exchange
- Port Waratah Coal Services - Australia
- Semirara Mining Corp, Philippines
- Sarangani Energy Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
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- Eastern Coal Council - USA
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- Georgia Ports Authority, United States
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- Simpson Spence & Young - Indonesia
- Karaikal Port Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
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- Orica Australia Pty. Ltd.
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- Electricity Authority, New Zealand
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- OPG Power Generation Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- McConnell Dowell - Australia
- Bhushan Steel Limited - India
- South Luzon Thermal Energy Corporation
- Metalloyd Limited - United Kingdom
- Minerals Council of Australia
- London Commodity Brokers - England
- Mercuria Energy - Indonesia
- Madhucon Powers Ltd - India
- Australian Commodity Traders Exchange
- IEA Clean Coal Centre - UK
- Chamber of Mines of South Africa
- Marubeni Corporation - India
- Kalimantan Lumbung Energi - Indonesia
- Siam City Cement PLC, Thailand
- Commonwealth Bank - Australia
- Bayan Resources Tbk. - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- SMC Global Power, Philippines
- Orica Mining Services - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
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- Essar Steel Hazira Ltd - India
- Coalindo Energy - Indonesia
- CNBM International Corporation - China
- Petron Corporation, Philippines
- San Jose City I Power Corp, Philippines
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- Timah Investasi Mineral - Indoneisa
- Riau Bara Harum - Indonesia
- Iligan Light & Power Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- Formosa Plastics Group - Taiwan
- Siam City Cement - Thailand
- Larsen & Toubro Limited - India
- Merrill Lynch Commodities Europe
- Electricity Generating Authority of Thailand
- Sindya Power Generating Company Private Ltd
- Xindia Steels Limited - India
- Medco Energi Mining Internasional
- Renaissance Capital - South Africa
- Singapore Mercantile Exchange
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- Directorate General of MIneral and Coal - Indonesia
- Energy Development Corp, Philippines
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- Wilmar Investment Holdings
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- Aditya Birla Group - India
- Eastern Energy - Thailand
- Kideco Jaya Agung - Indonesia
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- Rashtriya Ispat Nigam Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Dalmia Cement Bharat India
- Thiess Contractors Indonesia
- Salva Resources Pvt Ltd - India
- Australian Coal Association
- Uttam Galva Steels Limited - India
- Ministry of Transport, Egypt
- Indonesian Coal Mining Association
- Bulk Trading Sa - Switzerland
- Ambuja Cements Ltd - India
- Kapuas Tunggal Persada - Indonesia
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- Latin American Coal - Colombia
- CIMB Investment Bank - Malaysia
- Antam Resourcindo - Indonesia
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- Bharathi Cement Corporation - India
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- Cement Manufacturers Association - India
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Globalindo Alam Lestari - Indonesia
- Thai Mozambique Logistica
- Cigading International Bulk Terminal - Indonesia
- Standard Chartered Bank - UAE
- Semirara Mining and Power Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Economic Council, Georgia
- Bangladesh Power Developement Board
- Sree Jayajothi Cements Limited - India
- Mjunction Services Limited - India
- Intertek Mineral Services - Indonesia
- Altura Mining Limited, Indonesia
- Rio Tinto Coal - Australia
- India Bulls Power Limited - India
- Energy Link Ltd, New Zealand
- Therma Luzon, Inc, Philippines
- Makarim & Taira - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Planning Commission, India
- Anglo American - United Kingdom
- Manunggal Multi Energi - Indonesia
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- Mercator Lines Limited - India
- White Energy Company Limited
- Baramulti Group, Indonesia
- Pendopo Energi Batubara - Indonesia
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- Vedanta Resources Plc - India
- Oldendorff Carriers - Singapore
- Trasteel International SA, Italy
- Interocean Group of Companies - India
- Vijayanagar Sugar Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GVK Power & Infra Limited - India
- Central Electricity Authority - India
- SMG Consultants - Indonesia
- Power Finance Corporation Ltd., India
- PetroVietnam Power Coal Import and Supply Company
- Independent Power Producers Association of India
- Africa Commodities Group - South Africa
- Straits Asia Resources Limited - Singapore
- Jaiprakash Power Ventures ltd
- Posco Energy - South Korea
- Samtan Co., Ltd - South Korea
- Krishnapatnam Port Company Ltd. - India
- Mintek Dendrill Indonesia
- Deloitte Consulting - India
- New Zealand Coal & Carbon
- Pipit Mutiara Jaya. PT, Indonesia
- Leighton Contractors Pty Ltd - Australia
- Malabar Cements Ltd - India
- SN Aboitiz Power Inc, Philippines
- Ministry of Finance - Indonesia
- GAC Shipping (India) Pvt Ltd
- Global Coal Blending Company Limited - Australia
- GN Power Mariveles Coal Plant, Philippines
- Parry Sugars Refinery, India
- Parliament of New Zealand
- Maheswari Brothers Coal Limited - India
- Coal and Oil Company - UAE
- Kaltim Prima Coal - Indonesia
- Chettinad Cement Corporation Ltd - India
- The University of Queensland
- PNOC Exploration Corporation - Philippines
- Billiton Holdings Pty Ltd - Australia
- Price Waterhouse Coopers - Russia
- Gujarat Mineral Development Corp Ltd - India
- Meralco Power Generation, Philippines
- Wood Mackenzie - Singapore
- Ministry of Mines - Canada
- Jindal Steel & Power Ltd - India
- Goldman Sachs - Singapore
- ICICI Bank Limited - India
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