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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, 04 October 22
INDONESIAN COAL PRICE REFERENCE SURGE AGAIN TO RECORD HIGH
COALspot.com: Indonesian Coal Price Reference reached another record high in October as Russia's war in Ukraine continues to spark a surge in c ...
Sunday, 02 October 22
MISC STRENGTHENS ITS PARTNERSHIP WITH SEARIVER MARITIME
MISC Berhad (MISC) today announced that its subsidiaries Polaris LNG Three Pte. Ltd. and Polaris LNG Four Pte. Ltd. have secured long-term time cha ...
Thursday, 29 September 22
MARKET INSIGHT - INTERMODAL
This week, focus turns to the 38th APPEC Conference, where leading professionals from the global oil industry will discuss the future key drivers o ...
Thursday, 29 September 22
HIGH COAL PRICES REMAIN A CONCERN FOR DOMESTIC NON-FERROUS METAL COMPANIES - ICRA
According to ICRA on Monday, the high price of coal will have a negative effect on the profitability of domestic non-ferrous metal companies that m ...
Tuesday, 27 September 22
14% INCREASE IN EUROPEAN COAL DEMAND TO BE SHORT-TERM TREND - WOOD MACKENZIE
European seaborne thermal coal demand is projected to increase 14% or 12 million metric tonnes (Mt) this year to 98 Mt as it grapples with the curr ...
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- Aboitiz Power Corporation - Philippines
- Chettinad Cement Corporation Ltd - India
- Anglo American - United Kingdom
- Neyveli Lignite Corporation Ltd, - India
- Pendopo Energi Batubara - Indonesia
- Thai Mozambique Logistica
- Samtan Co., Ltd - South Korea
- Romanian Commodities Exchange
- Essar Steel Hazira Ltd - India
- Lanco Infratech Ltd - India
- Straits Asia Resources Limited - Singapore
- Borneo Indobara - Indonesia
- Edison Trading Spa - Italy
- Electricity Authority, New Zealand
- Maheswari Brothers Coal Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Bukit Makmur.PT - Indonesia
- Agrawal Coal Company - India
- Star Paper Mills Limited - India
- Chamber of Mines of South Africa
- Malabar Cements Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Singapore Mercantile Exchange
- Bukit Asam (Persero) Tbk - Indonesia
- GAC Shipping (India) Pvt Ltd
- MS Steel International - UAE
- Dalmia Cement Bharat India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Eastern Energy - Thailand
- Planning Commission, India
- Kobexindo Tractors - Indoneisa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coal and Oil Company - UAE
- Semirara Mining and Power Corporation, Philippines
- CNBM International Corporation - China
- Antam Resourcindo - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indonesian Coal Mining Association
- Mercuria Energy - Indonesia
- Latin American Coal - Colombia
- Kaltim Prima Coal - Indonesia
- Global Business Power Corporation, Philippines
- Coalindo Energy - Indonesia
- Ambuja Cements Ltd - India
- Sakthi Sugars Limited - India
- Miang Besar Coal Terminal - Indonesia
- Indo Tambangraya Megah - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Grasim Industreis Ltd - India
- Vizag Seaport Private Limited - India
- Rio Tinto Coal - Australia
- Eastern Coal Council - USA
- Bangladesh Power Developement Board
- White Energy Company Limited
- Thiess Contractors Indonesia
- London Commodity Brokers - England
- Gujarat Sidhee Cement - India
- Savvy Resources Ltd - HongKong
- Petrochimia International Co. Ltd.- Taiwan
- San Jose City I Power Corp, Philippines
- Sindya Power Generating Company Private Ltd
- Makarim & Taira - Indonesia
- Parliament of New Zealand
- Global Green Power PLC Corporation, Philippines
- Energy Development Corp, Philippines
- Salva Resources Pvt Ltd - India
- Altura Mining Limited, Indonesia
- IHS Mccloskey Coal Group - USA
- ICICI Bank Limited - India
- Indian Oil Corporation Limited
- Minerals Council of Australia
- Attock Cement Pakistan Limited
- Asmin Koalindo Tuhup - Indonesia
- Wood Mackenzie - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Orica Australia Pty. Ltd.
- Riau Bara Harum - Indonesia
- Manunggal Multi Energi - Indonesia
- Videocon Industries ltd - India
- Merrill Lynch Commodities Europe
- Commonwealth Bank - Australia
- Parry Sugars Refinery, India
- Holcim Trading Pte Ltd - Singapore
- Larsen & Toubro Limited - India
- Bharathi Cement Corporation - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- SMG Consultants - Indonesia
- Coastal Gujarat Power Limited - India
- VISA Power Limited - India
- Global Coal Blending Company Limited - Australia
- Power Finance Corporation Ltd., India
- Simpson Spence & Young - Indonesia
- Standard Chartered Bank - UAE
- Bhoruka Overseas - Indonesia
- Globalindo Alam Lestari - Indonesia
- Central Electricity Authority - India
- McConnell Dowell - Australia
- Deloitte Consulting - India
- Tata Chemicals Ltd - India
- Medco Energi Mining Internasional
- Mintek Dendrill Indonesia
- Binh Thuan Hamico - Vietnam
- Orica Mining Services - Indonesia
- Karaikal Port Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Oldendorff Carriers - Singapore
- Goldman Sachs - Singapore
- PNOC Exploration Corporation - Philippines
- Interocean Group of Companies - India
- Mercator Lines Limited - India
- SN Aboitiz Power Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Posco Energy - South Korea
- Bhushan Steel Limited - India
- Price Waterhouse Coopers - Russia
- Intertek Mineral Services - Indonesia
- Marubeni Corporation - India
- The University of Queensland
- Siam City Cement - Thailand
- Timah Investasi Mineral - Indoneisa
- Rashtriya Ispat Nigam Limited - India
- Banpu Public Company Limited - Thailand
- OPG Power Generation Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- ASAPP Information Group - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Australian Commodity Traders Exchange
- Kalimantan Lumbung Energi - Indonesia
- Bayan Resources Tbk. - Indonesia
- Petron Corporation, Philippines
- Port Waratah Coal Services - Australia
- South Luzon Thermal Energy Corporation
- PowerSource Philippines DevCo
- Bulk Trading Sa - Switzerland
- New Zealand Coal & Carbon
- Sical Logistics Limited - India
- Leighton Contractors Pty Ltd - Australia
- Georgia Ports Authority, United States
- Krishnapatnam Port Company Ltd. - India
- European Bulk Services B.V. - Netherlands
- Ministry of Transport, Egypt
- Alfred C Toepfer International GmbH - Germany
- Barasentosa Lestari - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Mjunction Services Limited - India
- CIMB Investment Bank - Malaysia
- Tamil Nadu electricity Board
- Toyota Tsusho Corporation, Japan
- Ministry of Finance - Indonesia
- GMR Energy Limited - India
- Heidelberg Cement - Germany
- Sree Jayajothi Cements Limited - India
- Independent Power Producers Association of India
- Africa Commodities Group - South Africa
- Indika Energy - Indonesia
- Cigading International Bulk Terminal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- TeaM Sual Corporation - Philippines
- Vedanta Resources Plc - India
- Sojitz Corporation - Japan
- Ceylon Electricity Board - Sri Lanka
- Ind-Barath Power Infra Limited - India
- Indian Energy Exchange, India
- Pipit Mutiara Jaya. PT, Indonesia
- Economic Council, Georgia
- Wilmar Investment Holdings
- Energy Link Ltd, New Zealand
- GVK Power & Infra Limited - India
- Indogreen Group - Indonesia
- Bukit Baiduri Energy - Indonesia
- Carbofer General Trading SA - India
- Meralco Power Generation, Philippines
- Uttam Galva Steels Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Renaissance Capital - South Africa
- Madhucon Powers Ltd - India
- Xindia Steels Limited - India
- Jaiprakash Power Ventures ltd
- Central Java Power - Indonesia
- Australian Coal Association
- Siam City Cement PLC, Thailand
- IEA Clean Coal Centre - UK
- Sarangani Energy Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Aditya Birla Group - India
- Kideco Jaya Agung - Indonesia
- Meenaskhi Energy Private Limited - India
- Billiton Holdings Pty Ltd - Australia
- Gujarat Electricity Regulatory Commission - India
- Iligan Light & Power Inc, Philippines
- Formosa Plastics Group - Taiwan
- Baramulti Group, Indonesia
- The State Trading Corporation of India Ltd
- Karbindo Abesyapradhi - Indoneisa
- Kohat Cement Company Ltd. - Pakistan
- PTC India Limited - India
- Therma Luzon, Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Directorate Of Revenue Intelligence - India
- The Treasury - Australian Government
- Metalloyd Limited - United Kingdom
- India Bulls Power Limited - India
- Jindal Steel & Power Ltd - India
- Trasteel International SA, Italy
- Electricity Generating Authority of Thailand
- Bhatia International Limited - India
- Ministry of Mines - Canada
- Sinarmas Energy and Mining - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- SMC Global Power, Philippines
- Kartika Selabumi Mining - Indonesia
- LBH Netherlands Bv - Netherlands
- Cement Manufacturers Association - India
- PetroVietnam Power Coal Import and Supply Company
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