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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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Wednesday, 11 May 16
MARKET INSIGHT - KATERINA RESTIS
On Saturday 7th May, Riyadh replaced the long-serving oil minister of more than two decades, Ali-Al-Naimi, as part of a major government overhaul, ...
Tuesday, 10 May 16
VOLATILITY? VARIATION NO ENIGMA TO SHIPPING..... - CLARKSONS
Along with cyclicality, the other characteristic of the shipping markets which receives frequent mention is volatility. This is so evident that the ...
Monday, 09 May 16
INDONESIAN CS COAL INDICES UP CONTINUES; POSITIVE DIRECTION
COALspot.com: Average 5000 GAR coal index of Indonesian origin up 0.10 percent week over week to averaging $38.82 per ton on this past Wednesday, a ...
Monday, 09 May 16
DRY BULK SHIPPING TO WITNESS STEADY PROGRESS MOVING FORWARD ON THE BACK OF GROWING TRADE VOLUMES - BIMCO
In its latest short-term analysis of the shipping markets, BIMCO reiterated its optimism on the prospects of the dry bulk market moving forward. Ac ...
Monday, 09 May 16
BALTIC DRY INDEX ENDS WEEK ON A NEGATIVE NOTE
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities decline this week.
The freight market was weak and a ...
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- Kalimantan Lumbung Energi - Indonesia
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- Makarim & Taira - Indonesia
- Uttam Galva Steels Limited - India
- Borneo Indobara - Indonesia
- Indika Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- Gujarat Sidhee Cement - India
- Global Business Power Corporation, Philippines
- Grasim Industreis Ltd - India
- Meralco Power Generation, Philippines
- Trasteel International SA, Italy
- Semirara Mining and Power Corporation, Philippines
- Indian Oil Corporation Limited
- Attock Cement Pakistan Limited
- Thai Mozambique Logistica
- ICICI Bank Limited - India
- Mercator Lines Limited - India
- SMG Consultants - Indonesia
- Bhoruka Overseas - Indonesia
- Xindia Steels Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Rio Tinto Coal - Australia
- PTC India Limited - India
- Kobexindo Tractors - Indoneisa
- Timah Investasi Mineral - Indoneisa
- Bhushan Steel Limited - India
- Bhatia International Limited - India
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- Ceylon Electricity Board - Sri Lanka
- Electricity Generating Authority of Thailand
- Indonesian Coal Mining Association
- Singapore Mercantile Exchange
- Semirara Mining Corp, Philippines
- Australian Coal Association
- Bharathi Cement Corporation - India
- White Energy Company Limited
- CIMB Investment Bank - Malaysia
- Simpson Spence & Young - Indonesia
- Eastern Coal Council - USA
- India Bulls Power Limited - India
- Interocean Group of Companies - India
- Kepco SPC Power Corporation, Philippines
- Vedanta Resources Plc - India
- Madhucon Powers Ltd - India
- Energy Development Corp, Philippines
- Anglo American - United Kingdom
- Bulk Trading Sa - Switzerland
- Agrawal Coal Company - India
- Ministry of Finance - Indonesia
- Georgia Ports Authority, United States
- Coal and Oil Company - UAE
- Billiton Holdings Pty Ltd - Australia
- PNOC Exploration Corporation - Philippines
- LBH Netherlands Bv - Netherlands
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Siam City Cement - Thailand
- Alfred C Toepfer International GmbH - Germany
- Bukit Baiduri Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- New Zealand Coal & Carbon
- Eastern Energy - Thailand
- Sindya Power Generating Company Private Ltd
- Independent Power Producers Association of India
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- Carbofer General Trading SA - India
- Leighton Contractors Pty Ltd - Australia
- Asmin Koalindo Tuhup - Indonesia
- Mjunction Services Limited - India
- Lanco Infratech Ltd - India
- Karaikal Port Pvt Ltd - India
- Central Java Power - Indonesia
- Directorate Of Revenue Intelligence - India
- Coalindo Energy - Indonesia
- Mercuria Energy - Indonesia
- Merrill Lynch Commodities Europe
- Romanian Commodities Exchange
- GAC Shipping (India) Pvt Ltd
- European Bulk Services B.V. - Netherlands
- GVK Power & Infra Limited - India
- Energy Link Ltd, New Zealand
- GMR Energy Limited - India
- Savvy Resources Ltd - HongKong
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Wood Mackenzie - Singapore
- TeaM Sual Corporation - Philippines
- Salva Resources Pvt Ltd - India
- Wilmar Investment Holdings
- Formosa Plastics Group - Taiwan
- The State Trading Corporation of India Ltd
- Dalmia Cement Bharat India
- Meenaskhi Energy Private Limited - India
- Chamber of Mines of South Africa
- Metalloyd Limited - United Kingdom
- Sakthi Sugars Limited - India
- IHS Mccloskey Coal Group - USA
- Aditya Birla Group - India
- Neyveli Lignite Corporation Ltd, - India
- Gujarat Mineral Development Corp Ltd - India
- Economic Council, Georgia
- Bukit Makmur.PT - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Aboitiz Power Corporation - Philippines
- Sree Jayajothi Cements Limited - India
- IEA Clean Coal Centre - UK
- Standard Chartered Bank - UAE
- Planning Commission, India
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- SMC Global Power, Philippines
- Deloitte Consulting - India
- Renaissance Capital - South Africa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Tamil Nadu electricity Board
- PowerSource Philippines DevCo
- Power Finance Corporation Ltd., India
- Bayan Resources Tbk. - Indonesia
- Global Coal Blending Company Limited - Australia
- Oldendorff Carriers - Singapore
- Orica Australia Pty. Ltd.
- Commonwealth Bank - Australia
- Global Green Power PLC Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- International Coal Ventures Pvt Ltd - India
- Sical Logistics Limited - India
- Rashtriya Ispat Nigam Limited - India
- Straits Asia Resources Limited - Singapore
- Marubeni Corporation - India
- Indo Tambangraya Megah - Indonesia
- ASAPP Information Group - India
- South Luzon Thermal Energy Corporation
- Australian Commodity Traders Exchange
- Binh Thuan Hamico - Vietnam
- Minerals Council of Australia
- Larsen & Toubro Limited - India
- MS Steel International - UAE
- Star Paper Mills Limited - India
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- GN Power Mariveles Coal Plant, Philippines
- London Commodity Brokers - England
- Indian Energy Exchange, India
- Mintek Dendrill Indonesia
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- Antam Resourcindo - Indonesia
- Miang Besar Coal Terminal - Indonesia
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- VISA Power Limited - India
- Parry Sugars Refinery, India
- San Jose City I Power Corp, Philippines
- Sinarmas Energy and Mining - Indonesia
- Manunggal Multi Energi - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Kumho Petrochemical, South Korea
- Sarangani Energy Corporation, Philippines
- Africa Commodities Group - South Africa
- Port Waratah Coal Services - Australia
- Medco Energi Mining Internasional
- Kaltim Prima Coal - Indonesia
- Edison Trading Spa - Italy
- The Treasury - Australian Government
- Bank of Tokyo Mitsubishi UFJ Ltd
- Barasentosa Lestari - Indonesia
- Indogreen Group - Indonesia
- Petron Corporation, Philippines
- Parliament of New Zealand
- Therma Luzon, Inc, Philippines
- Essar Steel Hazira Ltd - India
- Central Electricity Authority - India
- Riau Bara Harum - Indonesia
- The University of Queensland
- Ministry of Transport, Egypt
- Maharashtra Electricity Regulatory Commission - India
- CNBM International Corporation - China
- Iligan Light & Power Inc, Philippines
- Orica Mining Services - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Ministry of Mines - Canada
- Vizag Seaport Private Limited - India
- Jindal Steel & Power Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Heidelberg Cement - Germany
- SN Aboitiz Power Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Siam City Cement PLC, Thailand
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- Globalindo Alam Lestari - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Thiess Contractors Indonesia
- Altura Mining Limited, Indonesia
- Ind-Barath Power Infra Limited - India
- Ambuja Cements Ltd - India
- Cement Manufacturers Association - India
- Toyota Tsusho Corporation, Japan
- Goldman Sachs - Singapore
- AsiaOL BioFuels Corp., Philippines
- Electricity Authority, New Zealand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sojitz Corporation - Japan
- TNB Fuel Sdn Bhd - Malaysia
- Karbindo Abesyapradhi - Indoneisa
- Posco Energy - South Korea
- Cigading International Bulk Terminal - Indonesia
- Bangladesh Power Developement Board
- Krishnapatnam Port Company Ltd. - India
- McConnell Dowell - Australia
- Holcim Trading Pte Ltd - Singapore
- Banpu Public Company Limited - Thailand
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- Kartika Selabumi Mining - Indonesia
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