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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, 07 March 16
INDONESIAN 5700 GAR COAL INDEX DECLINE $0.05 A TON WEEK OVER WEEK
COALspot.com: Average 5000 GAR coal index of Indonesian origin decline 0.28 percent week over week to averaging $38.66 per ton on this past Friday, ...
Monday, 07 March 16
FREIGHT MARKET MOVING POSITIVE; ALL SEGMENTS EXCEPT CAPE SHOWING A FIRM TREND
COALspot.com: The freight market was steady this past week and showing a firm trend for all segments except for Cape index.
The Baltic Dry Ind ...
Friday, 04 March 16
GLOBAL ECONOMY'S JITTERS ARE SLOWING DOWN SHIPPING EVEN FURTHER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The global economy’s shaky condition to say the least is now hampering growth and as a result demand for shipping is slowing down, something ...
Friday, 04 March 16
U.S. YEAR-TO-DATE COAL PRODUCTION TOTALED 109.3 MMST; 30.2% LOWER THAN THE COMPARABLE YEAR-TO-DATE COAL PRODUCTION IN 2015 - EIA
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 13.1 million shor ...
Thursday, 03 March 16
INDIA'S BUDGET NOT ENOUGH TO BOOST STEELMAKERS' PROFITABILITY - FITCH RATINGS
COALspot.com: Fitch Ratings says that increase in proposed infrastructure spending in India's latest government budget is unlikely to provide a ...
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- Australian Commodity Traders Exchange
- Petron Corporation, Philippines
- Commonwealth Bank - Australia
- Planning Commission, India
- MS Steel International - UAE
- Aditya Birla Group - India
- Savvy Resources Ltd - HongKong
- Intertek Mineral Services - Indonesia
- Cement Manufacturers Association - India
- Indogreen Group - Indonesia
- Mjunction Services Limited - India
- TeaM Sual Corporation - Philippines
- GVK Power & Infra Limited - India
- Kapuas Tunggal Persada - Indonesia
- Parliament of New Zealand
- Eastern Energy - Thailand
- GN Power Mariveles Coal Plant, Philippines
- Samtan Co., Ltd - South Korea
- Bukit Baiduri Energy - Indonesia
- IEA Clean Coal Centre - UK
- Essar Steel Hazira Ltd - India
- Sical Logistics Limited - India
- Karaikal Port Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Meenaskhi Energy Private Limited - India
- Sojitz Corporation - Japan
- Thiess Contractors Indonesia
- Indian Oil Corporation Limited
- Ministry of Transport, Egypt
- Cigading International Bulk Terminal - Indonesia
- Meralco Power Generation, Philippines
- Global Green Power PLC Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Indian Energy Exchange, India
- Dalmia Cement Bharat India
- Attock Cement Pakistan Limited
- Parry Sugars Refinery, India
- Simpson Spence & Young - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Chamber of Mines of South Africa
- Eastern Coal Council - USA
- Metalloyd Limited - United Kingdom
- Kalimantan Lumbung Energi - Indonesia
- Interocean Group of Companies - India
- Jaiprakash Power Ventures ltd
- Neyveli Lignite Corporation Ltd, - India
- Borneo Indobara - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Siam City Cement PLC, Thailand
- Marubeni Corporation - India
- CIMB Investment Bank - Malaysia
- Energy Link Ltd, New Zealand
- IHS Mccloskey Coal Group - USA
- Trasteel International SA, Italy
- International Coal Ventures Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Ambuja Cements Ltd - India
- Uttam Galva Steels Limited - India
- Grasim Industreis Ltd - India
- The University of Queensland
- San Jose City I Power Corp, Philippines
- Ministry of Mines - Canada
- Posco Energy - South Korea
- Gujarat Mineral Development Corp Ltd - India
- Central Java Power - Indonesia
- Binh Thuan Hamico - Vietnam
- Bharathi Cement Corporation - India
- Power Finance Corporation Ltd., India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- LBH Netherlands Bv - Netherlands
- Iligan Light & Power Inc, Philippines
- VISA Power Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Manunggal Multi Energi - Indonesia
- Vedanta Resources Plc - India
- Medco Energi Mining Internasional
- Karbindo Abesyapradhi - Indoneisa
- Formosa Plastics Group - Taiwan
- Agrawal Coal Company - India
- Bangladesh Power Developement Board
- Bulk Trading Sa - Switzerland
- Kartika Selabumi Mining - Indonesia
- Merrill Lynch Commodities Europe
- Global Coal Blending Company Limited - Australia
- Semirara Mining and Power Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Mercuria Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Baramulti Group, Indonesia
- Holcim Trading Pte Ltd - Singapore
- Tamil Nadu electricity Board
- Australian Coal Association
- Renaissance Capital - South Africa
- Coastal Gujarat Power Limited - India
- ASAPP Information Group - India
- Coal and Oil Company - UAE
- Antam Resourcindo - Indonesia
- Africa Commodities Group - South Africa
- PowerSource Philippines DevCo
- White Energy Company Limited
- PTC India Limited - India
- Globalindo Alam Lestari - Indonesia
- Star Paper Mills Limited - India
- Carbofer General Trading SA - India
- GMR Energy Limited - India
- Bhatia International Limited - India
- Coalindo Energy - Indonesia
- SMG Consultants - Indonesia
- India Bulls Power Limited - India
- Indika Energy - Indonesia
- Tata Chemicals Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- McConnell Dowell - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Gujarat Sidhee Cement - India
- Ceylon Electricity Board - Sri Lanka
- Price Waterhouse Coopers - Russia
- Thai Mozambique Logistica
- Economic Council, Georgia
- Leighton Contractors Pty Ltd - Australia
- Ministry of Finance - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Straits Asia Resources Limited - Singapore
- Maheswari Brothers Coal Limited - India
- Gujarat Electricity Regulatory Commission - India
- Lanco Infratech Ltd - India
- Larsen & Toubro Limited - India
- Singapore Mercantile Exchange
- Independent Power Producers Association of India
- Directorate General of MIneral and Coal - Indonesia
- PNOC Exploration Corporation - Philippines
- Directorate Of Revenue Intelligence - India
- Sindya Power Generating Company Private Ltd
- Wilmar Investment Holdings
- Sarangani Energy Corporation, Philippines
- Goldman Sachs - Singapore
- Therma Luzon, Inc, Philippines
- Global Business Power Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Toyota Tsusho Corporation, Japan
- Latin American Coal - Colombia
- Altura Mining Limited, Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bhoruka Overseas - Indonesia
- Banpu Public Company Limited - Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Deloitte Consulting - India
- European Bulk Services B.V. - Netherlands
- Xindia Steels Limited - India
- Kaltim Prima Coal - Indonesia
- Aboitiz Power Corporation - Philippines
- Sree Jayajothi Cements Limited - India
- Makarim & Taira - Indonesia
- Krishnapatnam Port Company Ltd. - India
- The Treasury - Australian Government
- Mintek Dendrill Indonesia
- Oldendorff Carriers - Singapore
- Siam City Cement - Thailand
- Salva Resources Pvt Ltd - India
- SMC Global Power, Philippines
- Kobexindo Tractors - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- Indo Tambangraya Megah - Indonesia
- Georgia Ports Authority, United States
- Orica Australia Pty. Ltd.
- Anglo American - United Kingdom
- SN Aboitiz Power Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- OPG Power Generation Pvt Ltd - India
- Edison Trading Spa - Italy
- Malabar Cements Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Heidelberg Cement - Germany
- Kepco SPC Power Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Ind-Barath Power Infra Limited - India
- The State Trading Corporation of India Ltd
- Electricity Authority, New Zealand
- Videocon Industries ltd - India
- Minerals Council of Australia
- Kideco Jaya Agung - Indonesia
- Wood Mackenzie - Singapore
- Riau Bara Harum - Indonesia
- Indonesian Coal Mining Association
- Sinarmas Energy and Mining - Indonesia
- Mercator Lines Limited - India
- Orica Mining Services - Indonesia
- Energy Development Corp, Philippines
- Semirara Mining Corp, Philippines
- Barasentosa Lestari - Indonesia
- GAC Shipping (India) Pvt Ltd
- Jorong Barutama Greston.PT - Indonesia
- Romanian Commodities Exchange
- Electricity Generating Authority of Thailand
- Alfred C Toepfer International GmbH - Germany
- Sakthi Sugars Limited - India
- CNBM International Corporation - China
- Pipit Mutiara Jaya. PT, Indonesia
- PetroVietnam Power Coal Import and Supply Company
- AsiaOL BioFuels Corp., Philippines
- Standard Chartered Bank - UAE
- London Commodity Brokers - England
- Kumho Petrochemical, South Korea
- Central Electricity Authority - India
- Timah Investasi Mineral - Indoneisa
- Vizag Seaport Private Limited - India
- New Zealand Coal & Carbon
- Bhushan Steel Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- ICICI Bank Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Madhucon Powers Ltd - India
- Rio Tinto Coal - Australia
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