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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, 12 February 16
DRY BULK MARKET'S FORTUNES STILL TIED WITH CHINA'S ECONOMY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The inevitable slowdown of the Chinese economy was expected to hurt dry bulk shipping, but few expected the blow to be this hard, especially given ...
Friday, 12 February 16
COAL PRICES ARE EXPECTED TO DECLINE 13% IN 2016 TO $50 ATON, ON CONTINUED WEAK DEMAND AND OVERSUPPLY - WORLD BANK
COALspot.com: Thermal coal prices fell 9 percent in the fourth quarter on continued weak demand, high stocks, and surplus production, World Bank sa ...
Friday, 12 February 16
U.S. COAL PRODUCTION OFF 5.4% FROM LAST WEEK - EIA
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 12.9 million shor ...
Thursday, 11 February 16
GLOBAL NEWBUILDING ORDERBOOK IS SHRINKING ON A DAILY BASIS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
2016 has started right where 2015 left off when it comes to newbuilding ordering activity, i.e. there are slim pickings to be had from shipyards ar ...
Wednesday, 10 February 16
SOUTH AFRICA IS HOPING TO SHIP MORE COAL TO INDIA IN 2016
COALspot.com: South Africa is hoping to boost coal exports to India after shipping a record 75.4 million tonnes of coal in 2015, industry officials ...
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- Leighton Contractors Pty Ltd - Australia
- Samtan Co., Ltd - South Korea
- CIMB Investment Bank - Malaysia
- Independent Power Producers Association of India
- Formosa Plastics Group - Taiwan
- Alfred C Toepfer International GmbH - Germany
- GVK Power & Infra Limited - India
- Meenaskhi Energy Private Limited - India
- Sojitz Corporation - Japan
- Neyveli Lignite Corporation Ltd, - India
- GN Power Mariveles Coal Plant, Philippines
- India Bulls Power Limited - India
- Thai Mozambique Logistica
- GAC Shipping (India) Pvt Ltd
- Kohat Cement Company Ltd. - Pakistan
- Ministry of Finance - Indonesia
- Madhucon Powers Ltd - India
- Oldendorff Carriers - Singapore
- Bulk Trading Sa - Switzerland
- Carbofer General Trading SA - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ceylon Electricity Board - Sri Lanka
- Lanco Infratech Ltd - India
- Coalindo Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Sical Logistics Limited - India
- Indika Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- Coal and Oil Company - UAE
- Directorate Of Revenue Intelligence - India
- Latin American Coal - Colombia
- Semirara Mining Corp, Philippines
- Marubeni Corporation - India
- Sindya Power Generating Company Private Ltd
- ASAPP Information Group - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Essar Steel Hazira Ltd - India
- Ambuja Cements Ltd - India
- The State Trading Corporation of India Ltd
- Kalimantan Lumbung Energi - Indonesia
- Standard Chartered Bank - UAE
- Borneo Indobara - Indonesia
- Ministry of Transport, Egypt
- Wood Mackenzie - Singapore
- AsiaOL BioFuels Corp., Philippines
- Makarim & Taira - Indonesia
- Romanian Commodities Exchange
- Gujarat Sidhee Cement - India
- Grasim Industreis Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Aboitiz Power Corporation - Philippines
- Semirara Mining and Power Corporation, Philippines
- Posco Energy - South Korea
- Sree Jayajothi Cements Limited - India
- Port Waratah Coal Services - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- SN Aboitiz Power Inc, Philippines
- Eastern Coal Council - USA
- Sinarmas Energy and Mining - Indonesia
- Bhushan Steel Limited - India
- Global Green Power PLC Corporation, Philippines
- IEA Clean Coal Centre - UK
- Georgia Ports Authority, United States
- SMG Consultants - Indonesia
- Siam City Cement - Thailand
- VISA Power Limited - India
- Uttam Galva Steels Limited - India
- Parliament of New Zealand
- Sakthi Sugars Limited - India
- Chamber of Mines of South Africa
- Energy Link Ltd, New Zealand
- Tamil Nadu electricity Board
- Riau Bara Harum - Indonesia
- Malabar Cements Ltd - India
- Videocon Industries ltd - India
- ICICI Bank Limited - India
- Tata Chemicals Ltd - India
- Anglo American - United Kingdom
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Salva Resources Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Africa Commodities Group - South Africa
- The Treasury - Australian Government
- Global Business Power Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Indian Energy Exchange, India
- San Jose City I Power Corp, Philippines
- Altura Mining Limited, Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- MS Steel International - UAE
- European Bulk Services B.V. - Netherlands
- Vijayanagar Sugar Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bhatia International Limited - India
- Mercuria Energy - Indonesia
- Agrawal Coal Company - India
- Mercator Lines Limited - India
- Vizag Seaport Private Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Planning Commission, India
- Iligan Light & Power Inc, Philippines
- Indogreen Group - Indonesia
- Karaikal Port Pvt Ltd - India
- SMC Global Power, Philippines
- Minerals Council of Australia
- Simpson Spence & Young - Indonesia
- Intertek Mineral Services - Indonesia
- Cement Manufacturers Association - India
- Gujarat Electricity Regulatory Commission - India
- Rashtriya Ispat Nigam Limited - India
- Globalindo Alam Lestari - Indonesia
- Rio Tinto Coal - Australia
- Bharathi Cement Corporation - India
- Petrochimia International Co. Ltd.- Taiwan
- Cigading International Bulk Terminal - Indonesia
- Savvy Resources Ltd - HongKong
- Kobexindo Tractors - Indoneisa
- Commonwealth Bank - Australia
- Ministry of Mines - Canada
- Parry Sugars Refinery, India
- Jindal Steel & Power Ltd - India
- Manunggal Multi Energi - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Interocean Group of Companies - India
- New Zealand Coal & Carbon
- Offshore Bulk Terminal Pte Ltd, Singapore
- CNBM International Corporation - China
- GMR Energy Limited - India
- Billiton Holdings Pty Ltd - Australia
- The University of Queensland
- TeaM Sual Corporation - Philippines
- OPG Power Generation Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Bukit Makmur.PT - Indonesia
- Central Java Power - Indonesia
- Barasentosa Lestari - Indonesia
- London Commodity Brokers - England
- Australian Coal Association
- Dalmia Cement Bharat India
- Karbindo Abesyapradhi - Indoneisa
- Straits Asia Resources Limited - Singapore
- McConnell Dowell - Australia
- Central Electricity Authority - India
- Xindia Steels Limited - India
- Price Waterhouse Coopers - Russia
- Indo Tambangraya Megah - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Mintek Dendrill Indonesia
- Heidelberg Cement - Germany
- Antam Resourcindo - Indonesia
- Larsen & Toubro Limited - India
- Siam City Cement PLC, Thailand
- Economic Council, Georgia
- Bhoruka Overseas - Indonesia
- Binh Thuan Hamico - Vietnam
- Directorate General of MIneral and Coal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Goldman Sachs - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Ind-Barath Power Infra Limited - India
- Renaissance Capital - South Africa
- Edison Trading Spa - Italy
- Bukit Baiduri Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- PTC India Limited - India
- Banpu Public Company Limited - Thailand
- Electricity Generating Authority of Thailand
- Pendopo Energi Batubara - Indonesia
- Coastal Gujarat Power Limited - India
- Timah Investasi Mineral - Indoneisa
- Therma Luzon, Inc, Philippines
- Australian Commodity Traders Exchange
- South Luzon Thermal Energy Corporation
- Kumho Petrochemical, South Korea
- Energy Development Corp, Philippines
- Baramulti Group, Indonesia
- Star Paper Mills Limited - India
- Thiess Contractors Indonesia
- Meralco Power Generation, Philippines
- PNOC Exploration Corporation - Philippines
- White Energy Company Limited
- Maheswari Brothers Coal Limited - India
- Toyota Tsusho Corporation, Japan
- Vedanta Resources Plc - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bayan Resources Tbk. - Indonesia
- Aditya Birla Group - India
- Sarangani Energy Corporation, Philippines
- Singapore Mercantile Exchange
- Attock Cement Pakistan Limited
- Mjunction Services Limited - India
- Bangladesh Power Developement Board
- Wilmar Investment Holdings
- Indian Oil Corporation Limited
- Eastern Energy - Thailand
- IHS Mccloskey Coal Group - USA
- Kartika Selabumi Mining - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Indonesian Coal Mining Association
- Electricity Authority, New Zealand
- Chettinad Cement Corporation Ltd - India
- Holcim Trading Pte Ltd - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Kapuas Tunggal Persada - Indonesia
- PowerSource Philippines DevCo
- Jaiprakash Power Ventures ltd
- Power Finance Corporation Ltd., India
- Deloitte Consulting - India
- Orica Mining Services - Indonesia
- Merrill Lynch Commodities Europe
- Medco Energi Mining Internasional
- Kideco Jaya Agung - Indonesia
- Trasteel International SA, Italy
- Kepco SPC Power Corporation, Philippines
- Orica Australia Pty. Ltd.
- Petron Corporation, Philippines
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