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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, 08 August 16
THE TURKISH GOVERNMENT HAS IMPOSED A $15 A TON DUTY ON POWER PLANT COAL IMPORTS - MEDIA
COALspot.com: The Turkish government has imposed a US$15 per ton duty on thermal coal imports for use in its power sector.
According to media ...
Monday, 08 August 16
THE BALTIC EXCHANGE, TRACKING RATES FOR SHIPS CARRYING DRY BULK COMMODITIES SLIDE SLIGHTLY
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities slide slightly as Panamax and Supramax segments ending in ...
Monday, 08 August 16
ARE EXPENSES INCURRED DURING NEGOTIATION OF A PIRATE RANSOM RECOVERABLE IN GENERAL AVERAGE? - CLYDE&CO
KNOWLEDGE TO ELEVATE
Facts
The laden chemical tanker LONGCHAMP was transiting the Gulf of Aden on passage to Vietnam. The ship was subject t ...
Saturday, 06 August 16
DRY BULK SHIPPING CHARTER RATES TO RISE ON UNEXPECTED DEMAND GROWTH - DREWRY
Increasing trade and contracting supply will support a recovery in charter rates on major dry bulk shipping routes, with the prospect of China impo ...
Friday, 05 August 16
WEEKLY U.S. COAL OUTPUT TOTALED AN ESTIMATED 16.1 MMST IN THE WEEK ENDED JULY 30 - EIA
COALspot.com – U.S., the world’s second largest coal producers has produced approximately totalled an estimated 16.1 million short tons ...
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- Posco Energy - South Korea
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- Energy Link Ltd, New Zealand
- Minerals Council of Australia
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- Wilmar Investment Holdings
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- Chamber of Mines of South Africa
- IHS Mccloskey Coal Group - USA
- AsiaOL BioFuels Corp., Philippines
- Central Java Power - Indonesia
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- Mercator Lines Limited - India
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- London Commodity Brokers - England
- Orica Mining Services - Indonesia
- Therma Luzon, Inc, Philippines
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- Edison Trading Spa - Italy
- CIMB Investment Bank - Malaysia
- San Jose City I Power Corp, Philippines
- Medco Energi Mining Internasional
- Parliament of New Zealand
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- Siam City Cement PLC, Thailand
- Ministry of Transport, Egypt
- Savvy Resources Ltd - HongKong
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Global Coal Blending Company Limited - Australia
- Renaissance Capital - South Africa
- Cement Manufacturers Association - India
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- Australian Commodity Traders Exchange
- Jorong Barutama Greston.PT - Indonesia
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- Straits Asia Resources Limited - Singapore
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- Ceylon Electricity Board - Sri Lanka
- CNBM International Corporation - China
- Maharashtra Electricity Regulatory Commission - India
- LBH Netherlands Bv - Netherlands
- The Treasury - Australian Government
- Barasentosa Lestari - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- GMR Energy Limited - India
- Interocean Group of Companies - India
- Dalmia Cement Bharat India
- Riau Bara Harum - Indonesia
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- Planning Commission, India
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- Meralco Power Generation, Philippines
- Central Electricity Authority - India
- Vedanta Resources Plc - India
- Indonesian Coal Mining Association
- ASAPP Information Group - India
- Billiton Holdings Pty Ltd - Australia
- Thai Mozambique Logistica
- Iligan Light & Power Inc, Philippines
- SMG Consultants - Indonesia
- Sojitz Corporation - Japan
- PNOC Exploration Corporation - Philippines
- Samtan Co., Ltd - South Korea
- Merrill Lynch Commodities Europe
- PowerSource Philippines DevCo
- Bulk Trading Sa - Switzerland
- Kapuas Tunggal Persada - Indonesia
- Meenaskhi Energy Private Limited - India
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- South Luzon Thermal Energy Corporation
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- Tata Chemicals Ltd - India
- Australian Coal Association
- Simpson Spence & Young - Indonesia
- Tamil Nadu electricity Board
- Cigading International Bulk Terminal - Indonesia
- Ministry of Mines - Canada
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- Petron Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- IEA Clean Coal Centre - UK
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- Energy Development Corp, Philippines
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- GVK Power & Infra Limited - India
- Xindia Steels Limited - India
- Gujarat Sidhee Cement - India
- Electricity Generating Authority of Thailand
- Intertek Mineral Services - Indonesia
- Holcim Trading Pte Ltd - Singapore
- New Zealand Coal & Carbon
- Trasteel International SA, Italy
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Banpu Public Company Limited - Thailand
- Bahari Cakrawala Sebuku - Indonesia
- VISA Power Limited - India
- Economic Council, Georgia
- Timah Investasi Mineral - Indoneisa
- Alfred C Toepfer International GmbH - Germany
- Kaltim Prima Coal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Wood Mackenzie - Singapore
- Ind-Barath Power Infra Limited - India
- MS Steel International - UAE
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- GN Power Mariveles Coal Plant, Philippines
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- Indian Oil Corporation Limited
- Africa Commodities Group - South Africa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Singapore Mercantile Exchange
- Eastern Energy - Thailand
- Carbofer General Trading SA - India
- White Energy Company Limited
- Coal and Oil Company - UAE
- Orica Australia Pty. Ltd.
- Coalindo Energy - Indonesia
- McConnell Dowell - Australia
- Rashtriya Ispat Nigam Limited - India
- The University of Queensland
- Salva Resources Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Sical Logistics Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Port Waratah Coal Services - Australia
- Makarim & Taira - Indonesia
- Maheswari Brothers Coal Limited - India
- Siam City Cement - Thailand
- European Bulk Services B.V. - Netherlands
- Bukit Baiduri Energy - Indonesia
- Bangladesh Power Developement Board
- Toyota Tsusho Corporation, Japan
- Vijayanagar Sugar Pvt Ltd - India
- Indian Energy Exchange, India
- Bhoruka Overseas - Indonesia
- Standard Chartered Bank - UAE
- Bhushan Steel Limited - India
- SN Aboitiz Power Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Ambuja Cements Ltd - India
- Baramulti Group, Indonesia
- GAC Shipping (India) Pvt Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mintek Dendrill Indonesia
- Mercuria Energy - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Aditya Birla Group - India
- Eastern Coal Council - USA
- SMC Global Power, Philippines
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- Anglo American - United Kingdom
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- Kumho Petrochemical, South Korea
- Price Waterhouse Coopers - Russia
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- Videocon Industries ltd - India
- Commonwealth Bank - Australia
- Georgia Ports Authority, United States
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