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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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Friday, 18 March 16
OUTLOOK ON GLOBAL SHIPPING SECTOR TURNS NEGATIVE AS SUPPLY-DEMAND GAP WIDENS AND EBITDA DECLINES - MOODY'S
Moody’s Investors Service (Moody’s) has changed its outlook on the global shipping sector to negative as it expects supply growth to ou ...
Friday, 18 March 16
DRY BULK MARKET HAS LITTLE TO LOOK FORWARD TO FROM CHINA AT THE MOMENT - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market’s rebound is long overdue, but when it comes, it won’t be because of China’s strong demand for commodities, o ...
Friday, 18 March 16
COAL PRODUCTION IN THE UNITED STATES SLIGHTLY DECREASED THIS WEEK - EIA
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 12.5 million shor ...
Thursday, 17 March 16
THE PANAMAX MARKET SEEMS TO BE A BIT TOPPISH THIS WEEK - FEARNLEYS
Cape
There are challenging days with rates or less unchanged from last week; West Australia to China still below US$ 3 pmt, and Tuarao to China i ...
Wednesday, 16 March 16
OIL SUPPLY OUTPACES DEMAND ON ANY GIVEN DAY, AND BILLIONS OF BARRELS OF OIL ARE BEING STORED RATHER THAN CONSUMED - CHRISTOPHER
Oil producers have turned to the concept of limiting their output to January levels as a certain form of action to boost prices that have fallen mo ...
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- Romanian Commodities Exchange
- Power Finance Corporation Ltd., India
- Uttam Galva Steels Limited - India
- Australian Coal Association
- Anglo American - United Kingdom
- GMR Energy Limited - India
- McConnell Dowell - Australia
- Ministry of Transport, Egypt
- Pipit Mutiara Jaya. PT, Indonesia
- Baramulti Group, Indonesia
- Krishnapatnam Port Company Ltd. - India
- Ceylon Electricity Board - Sri Lanka
- Central Electricity Authority - India
- Mjunction Services Limited - India
- Sinarmas Energy and Mining - Indonesia
- Manunggal Multi Energi - Indonesia
- Eastern Coal Council - USA
- Mintek Dendrill Indonesia
- Vizag Seaport Private Limited - India
- Global Business Power Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indo Tambangraya Megah - Indonesia
- Orica Australia Pty. Ltd.
- Lanco Infratech Ltd - India
- Bukit Baiduri Energy - Indonesia
- Marubeni Corporation - India
- Coastal Gujarat Power Limited - India
- San Jose City I Power Corp, Philippines
- Global Coal Blending Company Limited - Australia
- Pendopo Energi Batubara - Indonesia
- IEA Clean Coal Centre - UK
- Rio Tinto Coal - Australia
- Kumho Petrochemical, South Korea
- Bhoruka Overseas - Indonesia
- Minerals Council of Australia
- Cement Manufacturers Association - India
- Eastern Energy - Thailand
- Gujarat Sidhee Cement - India
- Price Waterhouse Coopers - Russia
- Bangladesh Power Developement Board
- Holcim Trading Pte Ltd - Singapore
- Altura Mining Limited, Indonesia
- Parry Sugars Refinery, India
- Essar Steel Hazira Ltd - India
- Port Waratah Coal Services - Australia
- Energy Link Ltd, New Zealand
- Riau Bara Harum - Indonesia
- Aboitiz Power Corporation - Philippines
- Petron Corporation, Philippines
- Sical Logistics Limited - India
- Globalindo Alam Lestari - Indonesia
- Samtan Co., Ltd - South Korea
- Iligan Light & Power Inc, Philippines
- Kobexindo Tractors - Indoneisa
- European Bulk Services B.V. - Netherlands
- Kartika Selabumi Mining - Indonesia
- Savvy Resources Ltd - HongKong
- Metalloyd Limited - United Kingdom
- Indian Oil Corporation Limited
- Gujarat Mineral Development Corp Ltd - India
- Cigading International Bulk Terminal - Indonesia
- PTC India Limited - India
- Parliament of New Zealand
- OPG Power Generation Pvt Ltd - India
- ICICI Bank Limited - India
- Sree Jayajothi Cements Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Coalindo Energy - Indonesia
- Interocean Group of Companies - India
- Ministry of Finance - Indonesia
- Sindya Power Generating Company Private Ltd
- Heidelberg Cement - Germany
- Bhatia International Limited - India
- SN Aboitiz Power Inc, Philippines
- Coal and Oil Company - UAE
- Renaissance Capital - South Africa
- Central Java Power - Indonesia
- Posco Energy - South Korea
- Thai Mozambique Logistica
- Binh Thuan Hamico - Vietnam
- Maheswari Brothers Coal Limited - India
- Meenaskhi Energy Private Limited - India
- Madhucon Powers Ltd - India
- Grasim Industreis Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Formosa Plastics Group - Taiwan
- The University of Queensland
- TeaM Sual Corporation - Philippines
- Semirara Mining Corp, Philippines
- London Commodity Brokers - England
- Rashtriya Ispat Nigam Limited - India
- Indonesian Coal Mining Association
- South Luzon Thermal Energy Corporation
- Indika Energy - Indonesia
- Georgia Ports Authority, United States
- Maharashtra Electricity Regulatory Commission - India
- ASAPP Information Group - India
- Singapore Mercantile Exchange
- Bahari Cakrawala Sebuku - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Tata Chemicals Ltd - India
- India Bulls Power Limited - India
- Aditya Birla Group - India
- Timah Investasi Mineral - Indoneisa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Chamber of Mines of South Africa
- Indian Energy Exchange, India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Energy Development Corp, Philippines
- Xindia Steels Limited - India
- Kohat Cement Company Ltd. - Pakistan
- PowerSource Philippines DevCo
- New Zealand Coal & Carbon
- Borneo Indobara - Indonesia
- Deloitte Consulting - India
- Salva Resources Pvt Ltd - India
- Orica Mining Services - Indonesia
- Bayan Resources Tbk. - Indonesia
- Commonwealth Bank - Australia
- Planning Commission, India
- Carbofer General Trading SA - India
- Videocon Industries ltd - India
- Kideco Jaya Agung - Indonesia
- CIMB Investment Bank - Malaysia
- Larsen & Toubro Limited - India
- Mercuria Energy - Indonesia
- Electricity Authority, New Zealand
- Global Green Power PLC Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Malabar Cements Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Jaiprakash Power Ventures ltd
- Gujarat Electricity Regulatory Commission - India
- Wood Mackenzie - Singapore
- Edison Trading Spa - Italy
- The State Trading Corporation of India Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bank of Tokyo Mitsubishi UFJ Ltd
- PNOC Exploration Corporation - Philippines
- Kapuas Tunggal Persada - Indonesia
- GAC Shipping (India) Pvt Ltd
- LBH Netherlands Bv - Netherlands
- Mercator Lines Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Africa Commodities Group - South Africa
- IHS Mccloskey Coal Group - USA
- SMC Global Power, Philippines
- Ind-Barath Power Infra Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Therma Luzon, Inc, Philippines
- Dalmia Cement Bharat India
- Vedanta Resources Plc - India
- Siam City Cement PLC, Thailand
- Karaikal Port Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- White Energy Company Limited
- Latin American Coal - Colombia
- Makarim & Taira - Indonesia
- Indogreen Group - Indonesia
- Semirara Mining and Power Corporation, Philippines
- The Treasury - Australian Government
- Siam City Cement - Thailand
- Alfred C Toepfer International GmbH - Germany
- Sarangani Energy Corporation, Philippines
- Bhushan Steel Limited - India
- International Coal Ventures Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- VISA Power Limited - India
- Tamil Nadu electricity Board
- Asmin Koalindo Tuhup - Indonesia
- Kepco SPC Power Corporation, Philippines
- Australian Commodity Traders Exchange
- Oldendorff Carriers - Singapore
- Bulk Trading Sa - Switzerland
- Jorong Barutama Greston.PT - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Jindal Steel & Power Ltd - India
- Attock Cement Pakistan Limited
- Economic Council, Georgia
- Kaltim Prima Coal - Indonesia
- Toyota Tsusho Corporation, Japan
- Bharathi Cement Corporation - India
- Kalimantan Lumbung Energi - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Electricity Generating Authority of Thailand
- Ambuja Cements Ltd - India
- Thiess Contractors Indonesia
- Trasteel International SA, Italy
- Directorate Of Revenue Intelligence - India
- GVK Power & Infra Limited - India
- Ministry of Mines - Canada
- Straits Asia Resources Limited - Singapore
- Meralco Power Generation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Goldman Sachs - Singapore
- Antam Resourcindo - Indonesia
- Bukit Makmur.PT - Indonesia
- Simpson Spence & Young - Indonesia
- Chettinad Cement Corporation Ltd - India
- Medco Energi Mining Internasional
- Wilmar Investment Holdings
- Sakthi Sugars Limited - India
- MS Steel International - UAE
- Merrill Lynch Commodities Europe
- SMG Consultants - Indonesia
- CNBM International Corporation - China
- Star Paper Mills Limited - India
- Billiton Holdings Pty Ltd - Australia
- Sojitz Corporation - Japan
- Miang Besar Coal Terminal - Indonesia
- Standard Chartered Bank - UAE
- Banpu Public Company Limited - Thailand
- Intertek Mineral Services - Indonesia
- Agrawal Coal Company - India
- Independent Power Producers Association of India
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