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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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Sunday, 21 August 22
COAL-RICH POLAND FACES WINTER OF ENERGY DISCONTENT - DW
Poland uses 10 million tons of coal a year to heat households — a whopping 87% of all coal consumed in EU homes in 2019, according to the War ...
Saturday, 20 August 22
KOSPO TO IMPORT 240000 MT OF MIN 4400 KCAL/KG NCV STEAM COAL FOR OCTOBER;LOADING FROM RUSSIAN PORTS NOT ALLOWED
COALspot.com: Korea Southern Power Co., Ltd. (KOSPO) has issued an International tender for 240,000 MT of min 4,400kcal/kg to max. 4,999 kcal/kg NC ...
Wednesday, 17 August 22
INDIAN COMPANIES SWAPPING DOLLAR FOR ASIAN CURRENCIES TO BUY RUSSIAN COAL - REUTERS
Indian companies are using Asian currencies more often to pay for Russian coal imports, according to customs documents and industry sources, avoidi ...
Wednesday, 17 August 22
LNG: MAJOR INVESTMENT AND EXPANSION PHASE, DOUBLING OF LIQUEFACTION CAPACITY BY 2028 PROJECTED - CLARKSONS
Clarksons Research have released the latest version of their long standing annual review, LNG Trade & Transport, on to Shipping Intelligence Ne ...
Wednesday, 17 August 22
UNAFFORDABLE LNG PRICES UNDERMINE RAPID DEMAND GROWTH FORECASTS IN KEY ASIAN MARKETS - IEEFA
Sustained high prices may accelerate downward pressures on Asian LNG demand, clouding long-term industry outlooks
The global liquefi ...
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- Economic Council, Georgia
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- Bayan Resources Tbk. - Indonesia
- Planning Commission, India
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- Bharathi Cement Corporation - India
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- Australian Commodity Traders Exchange
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- Directorate General of MIneral and Coal - Indonesia
- Central Electricity Authority - India
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Merrill Lynch Commodities Europe
- Global Business Power Corporation, Philippines
- Videocon Industries ltd - India
- European Bulk Services B.V. - Netherlands
- Semirara Mining Corp, Philippines
- Borneo Indobara - Indonesia
- Ministry of Finance - Indonesia
- Indonesian Coal Mining Association
- Commonwealth Bank - Australia
- Samtan Co., Ltd - South Korea
- Electricity Generating Authority of Thailand
- Jindal Steel & Power Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Global Coal Blending Company Limited - Australia
- Malabar Cements Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
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- Mintek Dendrill Indonesia
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- Energy Link Ltd, New Zealand
- Alfred C Toepfer International GmbH - Germany
- Kideco Jaya Agung - Indonesia
- Standard Chartered Bank - UAE
- Therma Luzon, Inc, Philippines
- Kepco SPC Power Corporation, Philippines
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- Sindya Power Generating Company Private Ltd
- Jaiprakash Power Ventures ltd
- Ministry of Mines - Canada
- London Commodity Brokers - England
- TeaM Sual Corporation - Philippines
- Essar Steel Hazira Ltd - India
- IEA Clean Coal Centre - UK
- SMC Global Power, Philippines
- Globalindo Alam Lestari - Indonesia
- Eastern Energy - Thailand
- Altura Mining Limited, Indonesia
- Chamber of Mines of South Africa
- Sical Logistics Limited - India
- Sojitz Corporation - Japan
- Indian Energy Exchange, India
- Salva Resources Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Iligan Light & Power Inc, Philippines
- Larsen & Toubro Limited - India
- Pendopo Energi Batubara - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Sakthi Sugars Limited - India
- Coal and Oil Company - UAE
- Africa Commodities Group - South Africa
- CNBM International Corporation - China
- IHS Mccloskey Coal Group - USA
- Bhoruka Overseas - Indonesia
- Singapore Mercantile Exchange
- Coalindo Energy - Indonesia
- Romanian Commodities Exchange
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- Australian Coal Association
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- Sarangani Energy Corporation, Philippines
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- Holcim Trading Pte Ltd - Singapore
- Riau Bara Harum - Indonesia
- Ambuja Cements Ltd - India
- CIMB Investment Bank - Malaysia
- Kohat Cement Company Ltd. - Pakistan
- Latin American Coal - Colombia
- Mjunction Services Limited - India
- Jorong Barutama Greston.PT - Indonesia
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- Agrawal Coal Company - India
- LBH Netherlands Bv - Netherlands
- Bangladesh Power Developement Board
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- Straits Asia Resources Limited - Singapore
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- Kapuas Tunggal Persada - Indonesia
- Petron Corporation, Philippines
- GMR Energy Limited - India
- Billiton Holdings Pty Ltd - Australia
- MS Steel International - UAE
- Antam Resourcindo - Indonesia
- The University of Queensland
- New Zealand Coal & Carbon
- Ceylon Electricity Board - Sri Lanka
- Electricity Authority, New Zealand
- Gujarat Mineral Development Corp Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Karbindo Abesyapradhi - Indoneisa
- Deloitte Consulting - India
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- Wood Mackenzie - Singapore
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- Indogreen Group - Indonesia
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- Edison Trading Spa - Italy
- McConnell Dowell - Australia
- Siam City Cement - Thailand
- Grasim Industreis Ltd - India
- Posco Energy - South Korea
- Toyota Tsusho Corporation, Japan
- Goldman Sachs - Singapore
- Indo Tambangraya Megah - Indonesia
- PowerSource Philippines DevCo
- Rashtriya Ispat Nigam Limited - India
- Barasentosa Lestari - Indonesia
- Independent Power Producers Association of India
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