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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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Tuesday, 26 January 16
Q3'16 CFR SOUTH CHINA COAL SWAP DROPPED BELOW $41 A TON
COALspot.com: API 8 CFR South China Coal swap for Q1’ 2016 delivery rose US$ 0.82 (1.94%) per ton month over month.
A commodity swap is ...
Tuesday, 26 January 16
OUTLOOK FOR GLOBAL OIL MARKETS - OPEC SECRETARY GENERAL
Opening address by HE Abdalla S. El-Badri, OPEC Secretary General, at the Chatham House Conference: Middle East and North Africa Energy 2016, Theme ...
Monday, 25 January 16
5700 GAR COAL INDEX CLOSED $ 50.08 PER TON, $0.20 LOWER FROM LAST WEEK
COALspot.com: Average 5000 GAR coal index of Indonesian origin decline 1.35 percent week over week to averaging $39.39 per ton on this past Friday, ...
Monday, 25 January 16
SHOULD A DEFAULTING PARTY BE ENTITLED TO AN INNOCENT PARTY'S SAVING, FOLLOWING THEIR BREACH OF CONTRACT? - THE NEW FLAMENCO REVISITED
KNOWLEDGE TO ELEVATE
This case was addressed by the club in our of January 2015, when the High Court decision became available. The background ...
Monday, 25 January 16
DRY BULK SHIPPING: A MISERABLE START TO A NEW YEAR, WHERE THE MARKET STRUGGLES TO GROW AT ALL - BIMCO
The global production of steel dropped in 2015 compared to 2014, to a larger extent outside China, as China exported its surplus of steel to destin ...
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- Dalmia Cement Bharat India
- Timah Investasi Mineral - Indoneisa
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- Billiton Holdings Pty Ltd - Australia
- Ministry of Mines - Canada
- Energy Development Corp, Philippines
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- Australian Coal Association
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- SN Aboitiz Power Inc, Philippines
- Thiess Contractors Indonesia
- Tamil Nadu electricity Board
- Sical Logistics Limited - India
- CIMB Investment Bank - Malaysia
- Deloitte Consulting - India
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- The State Trading Corporation of India Ltd
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- San Jose City I Power Corp, Philippines
- PetroVietnam Power Coal Import and Supply Company
- IHS Mccloskey Coal Group - USA
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- Parry Sugars Refinery, India
- GN Power Mariveles Coal Plant, Philippines
- GVK Power & Infra Limited - India
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- Parliament of New Zealand
- Baramulti Group, Indonesia
- Bulk Trading Sa - Switzerland
- Leighton Contractors Pty Ltd - Australia
- Samtan Co., Ltd - South Korea
- Riau Bara Harum - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- McConnell Dowell - Australia
- Globalindo Alam Lestari - Indonesia
- Port Waratah Coal Services - Australia
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- Straits Asia Resources Limited - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Kideco Jaya Agung - Indonesia
- Jindal Steel & Power Ltd - India
- Global Coal Blending Company Limited - Australia
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- Orica Australia Pty. Ltd.
- Altura Mining Limited, Indonesia
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- Pipit Mutiara Jaya. PT, Indonesia
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- European Bulk Services B.V. - Netherlands
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- Electricity Authority, New Zealand
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- Independent Power Producers Association of India
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- Merrill Lynch Commodities Europe
- Kapuas Tunggal Persada - Indonesia
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- SMG Consultants - Indonesia
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- Standard Chartered Bank - UAE
- Eastern Coal Council - USA
- PTC India Limited - India
- CNBM International Corporation - China
- Indian Oil Corporation Limited
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- Renaissance Capital - South Africa
- Ambuja Cements Ltd - India
- Borneo Indobara - Indonesia
- Central Electricity Authority - India
- Bharathi Cement Corporation - India
- Chamber of Mines of South Africa
- Indian Energy Exchange, India
- Georgia Ports Authority, United States
- The University of Queensland
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- Pendopo Energi Batubara - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Makarim & Taira - Indonesia
- Kohat Cement Company Ltd. - Pakistan
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- MS Steel International - UAE
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kartika Selabumi Mining - Indonesia
- Wilmar Investment Holdings
- IEA Clean Coal Centre - UK
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- Rio Tinto Coal - Australia
- International Coal Ventures Pvt Ltd - India
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- Sree Jayajothi Cements Limited - India
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- Offshore Bulk Terminal Pte Ltd, Singapore
- Ministry of Finance - Indonesia
- Banpu Public Company Limited - Thailand
- Interocean Group of Companies - India
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- Coal and Oil Company - UAE
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- Goldman Sachs - Singapore
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bhoruka Overseas - Indonesia
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- Tata Chemicals Ltd - India
- India Bulls Power Limited - India
- Bukit Makmur.PT - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Metalloyd Limited - United Kingdom
- Heidelberg Cement - Germany
- SMC Global Power, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Global Green Power PLC Corporation, Philippines
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- Salva Resources Pvt Ltd - India
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- Australian Commodity Traders Exchange
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