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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, 24 March 16
NEWBUILDINGS' PRICES HAVE STARTED TO COME DOWN - ALLIED | HELLENIC SHIPPING NEWS
Newbuildings’ prices have started to come down, as demand has remained subdued for quite some time now. In its latest weekly report, shipbrok ...
Wednesday, 23 March 16
THE PANAMA CANAL - WILL THE MELTING OF POLAR ICE CAPS CREATE RIVAL NAVIGATIONAL WATERWAYS THROUGH THE ARCTIC? - INTERMODAL
The Panama Canal, 102 years after its initial opening, is now about to have its expansion completed with a cost of USD5.25 Billion. It is a project ...
Tuesday, 22 March 16
FOUR NEW MARKET MEMBERS HAVE JOINED GLOBALCOAL
globalCOAL® announced yesterday that four new Market Members have joined its international trading community.
Ferrocadia DMCC is an intern ...
Monday, 21 March 16
INDONESIAN 4200 GAR COAL INDEX ROSE $0.12 OR, 0.44% WEEK OVER WEEK; INDEX CLOASED AT $27.19 A TON
COALspot.com: Average 5000 GAR coal index of Indonesian origin rose 0.21 percent week over week to averaging $38.90 per ton on this past Friday, ac ...
Monday, 21 March 16
THE BALTIC DRY INDEX ROSE SLIGHTLY WEEK OVER WEEK; BCI UP 11.93%
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities continued rose this week helped by higher rates for Cape ...
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- The State Trading Corporation of India Ltd
- Iligan Light & Power Inc, Philippines
- ASAPP Information Group - India
- Salva Resources Pvt Ltd - India
- Parliament of New Zealand
- PNOC Exploration Corporation - Philippines
- Global Business Power Corporation, Philippines
- Australian Coal Association
- Antam Resourcindo - Indonesia
- Indo Tambangraya Megah - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Altura Mining Limited, Indonesia
- Rashtriya Ispat Nigam Limited - India
- SN Aboitiz Power Inc, Philippines
- Thai Mozambique Logistica
- South Luzon Thermal Energy Corporation
- Ministry of Mines - Canada
- MS Steel International - UAE
- Oldendorff Carriers - Singapore
- Lanco Infratech Ltd - India
- Malabar Cements Ltd - India
- Edison Trading Spa - Italy
- Baramulti Group, Indonesia
- Holcim Trading Pte Ltd - Singapore
- Savvy Resources Ltd - HongKong
- Siam City Cement PLC, Thailand
- San Jose City I Power Corp, Philippines
- Binh Thuan Hamico - Vietnam
- GVK Power & Infra Limited - India
- Globalindo Alam Lestari - Indonesia
- Uttam Galva Steels Limited - India
- Makarim & Taira - Indonesia
- Indian Oil Corporation Limited
- Standard Chartered Bank - UAE
- Agrawal Coal Company - India
- Central Electricity Authority - India
- Mjunction Services Limited - India
- Jaiprakash Power Ventures ltd
- Trasteel International SA, Italy
- Orica Mining Services - Indonesia
- Cement Manufacturers Association - India
- Toyota Tsusho Corporation, Japan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Interocean Group of Companies - India
- Sarangani Energy Corporation, Philippines
- PTC India Limited - India
- Minerals Council of Australia
- Indika Energy - Indonesia
- Grasim Industreis Ltd - India
- GMR Energy Limited - India
- Bharathi Cement Corporation - India
- Merrill Lynch Commodities Europe
- Borneo Indobara - Indonesia
- Madhucon Powers Ltd - India
- Samtan Co., Ltd - South Korea
- Energy Link Ltd, New Zealand
- AsiaOL BioFuels Corp., Philippines
- Singapore Mercantile Exchange
- Leighton Contractors Pty Ltd - Australia
- Sojitz Corporation - Japan
- Xindia Steels Limited - India
- Ministry of Transport, Egypt
- Vedanta Resources Plc - India
- Kalimantan Lumbung Energi - Indonesia
- Kobexindo Tractors - Indoneisa
- Videocon Industries ltd - India
- Orica Australia Pty. Ltd.
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bank of Tokyo Mitsubishi UFJ Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Parry Sugars Refinery, India
- Cigading International Bulk Terminal - Indonesia
- Renaissance Capital - South Africa
- Banpu Public Company Limited - Thailand
- McConnell Dowell - Australia
- Ambuja Cements Ltd - India
- Price Waterhouse Coopers - Russia
- Larsen & Toubro Limited - India
- Jindal Steel & Power Ltd - India
- Gujarat Electricity Regulatory Commission - India
- IEA Clean Coal Centre - UK
- Metalloyd Limited - United Kingdom
- London Commodity Brokers - England
- Indian Energy Exchange, India
- Bahari Cakrawala Sebuku - Indonesia
- Coastal Gujarat Power Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Bhoruka Overseas - Indonesia
- Anglo American - United Kingdom
- Romanian Commodities Exchange
- Tamil Nadu electricity Board
- Indogreen Group - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Meenaskhi Energy Private Limited - India
- Africa Commodities Group - South Africa
- SMG Consultants - Indonesia
- Posco Energy - South Korea
- Medco Energi Mining Internasional
- Ceylon Electricity Board - Sri Lanka
- GAC Shipping (India) Pvt Ltd
- TeaM Sual Corporation - Philippines
- Gujarat Mineral Development Corp Ltd - India
- Pendopo Energi Batubara - Indonesia
- Tata Chemicals Ltd - India
- Straits Asia Resources Limited - Singapore
- Intertek Mineral Services - Indonesia
- Central Java Power - Indonesia
- Maheswari Brothers Coal Limited - India
- Heidelberg Cement - Germany
- Asia Pacific Energy Resources Ventures Inc, Philippines
- White Energy Company Limited
- Essar Steel Hazira Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Kaltim Prima Coal - Indonesia
- Thiess Contractors Indonesia
- Semirara Mining and Power Corporation, Philippines
- Goldman Sachs - Singapore
- Therma Luzon, Inc, Philippines
- Kideco Jaya Agung - Indonesia
- Australian Commodity Traders Exchange
- IHS Mccloskey Coal Group - USA
- Vizag Seaport Private Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Mercator Lines Limited - India
- Barasentosa Lestari - Indonesia
- CNBM International Corporation - China
- Georgia Ports Authority, United States
- Mercuria Energy - Indonesia
- Bhushan Steel Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Eastern Energy - Thailand
- Aboitiz Power Corporation - Philippines
- Coal and Oil Company - UAE
- Carbofer General Trading SA - India
- Pipit Mutiara Jaya. PT, Indonesia
- Simpson Spence & Young - Indonesia
- Eastern Coal Council - USA
- Kapuas Tunggal Persada - Indonesia
- Bulk Trading Sa - Switzerland
- LBH Netherlands Bv - Netherlands
- Marubeni Corporation - India
- Maharashtra Electricity Regulatory Commission - India
- PowerSource Philippines DevCo
- Jorong Barutama Greston.PT - Indonesia
- Timah Investasi Mineral - Indoneisa
- Aditya Birla Group - India
- Global Coal Blending Company Limited - Australia
- Siam City Cement - Thailand
- VISA Power Limited - India
- Ind-Barath Power Infra Limited - India
- Energy Development Corp, Philippines
- SMC Global Power, Philippines
- Directorate Of Revenue Intelligence - India
- Kohat Cement Company Ltd. - Pakistan
- Karaikal Port Pvt Ltd - India
- Bangladesh Power Developement Board
- Star Paper Mills Limited - India
- Sree Jayajothi Cements Limited - India
- Electricity Authority, New Zealand
- Meralco Power Generation, Philippines
- Ministry of Finance - Indonesia
- Bukit Makmur.PT - Indonesia
- Gujarat Sidhee Cement - India
- Alfred C Toepfer International GmbH - Germany
- Attock Cement Pakistan Limited
- Formosa Plastics Group - Taiwan
- Riau Bara Harum - Indonesia
- Latin American Coal - Colombia
- Commonwealth Bank - Australia
- Asmin Koalindo Tuhup - Indonesia
- Kepco SPC Power Corporation, Philippines
- Bhatia International Limited - India
- New Zealand Coal & Carbon
- Wilmar Investment Holdings
- Global Green Power PLC Corporation, Philippines
- Petron Corporation, Philippines
- Mintek Dendrill Indonesia
- Dalmia Cement Bharat India
- The University of Queensland
- Karbindo Abesyapradhi - Indoneisa
- Krishnapatnam Port Company Ltd. - India
- Neyveli Lignite Corporation Ltd, - India
- Power Finance Corporation Ltd., India
- Sinarmas Energy and Mining - Indonesia
- ICICI Bank Limited - India
- Port Waratah Coal Services - Australia
- Indonesian Coal Mining Association
- Planning Commission, India
- Chamber of Mines of South Africa
- Independent Power Producers Association of India
- Electricity Generating Authority of Thailand
- Coalindo Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- CIMB Investment Bank - Malaysia
- Offshore Bulk Terminal Pte Ltd, Singapore
- OPG Power Generation Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Economic Council, Georgia
- Wood Mackenzie - Singapore
- Sindya Power Generating Company Private Ltd
- International Coal Ventures Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Rio Tinto Coal - Australia
- India Bulls Power Limited - India
- Semirara Mining Corp, Philippines
- Sical Logistics Limited - India
- Deloitte Consulting - India
- Chettinad Cement Corporation Ltd - India
- Kumho Petrochemical, South Korea
- Billiton Holdings Pty Ltd - Australia
- Sakthi Sugars Limited - India
- European Bulk Services B.V. - Netherlands
- Kartika Selabumi Mining - Indonesia
- The Treasury - Australian Government
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