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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, 29 July 22
GLENCORE TO SUPPLY COAL TO NIPPON STEEL AT $375 PER TON - BLOOMBERG
Glencore Plc, agreed to supply coal to Nippon Steel at one of the highest prices ever paid by the Japan Bloomberg reported on July 27.
...
Friday, 29 July 22
GLOBAL COAL DEMAND IS SET TO RETURN TO ITS ALL-TIME HIGH IN 2022 - IEA
The world’s consumption of coal is set to rise slightly in 2022, taking it back to the record level it reached nearly a decade ago, according ...
Thursday, 28 July 22
CREW FAMILIARISATION IS CRITICAL WHEN TAKING OVER A VESSEL - WEST P&I CLUB
Knowledge to Elevate
When a vessel changes ownership and/or manager, it can take some considerable time before the new crew and mana ...
Thursday, 28 July 22
RETURN OF COAL A THREAT TO EUROPEAN COMPANIES' ESG RATINGS - REUTERS
European companies turning to coal as an alternative to Russian gas face a hit to their environmental, social and governance ratings, leaving them ...
Wednesday, 27 July 22
MARKET INSIGHT - INTERMODAL
Amid the upcoming ban on Russian coal from the EU, which will be in full effect on August 10th, EU nations have been accelerating their coal import ...
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- Petron Corporation, Philippines
- Antam Resourcindo - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Coastal Gujarat Power Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Georgia Ports Authority, United States
- Offshore Bulk Terminal Pte Ltd, Singapore
- IEA Clean Coal Centre - UK
- Binh Thuan Hamico - Vietnam
- Bhatia International Limited - India
- London Commodity Brokers - England
- Gujarat Sidhee Cement - India
- Maharashtra Electricity Regulatory Commission - India
- Rashtriya Ispat Nigam Limited - India
- IHS Mccloskey Coal Group - USA
- Malabar Cements Ltd - India
- Essar Steel Hazira Ltd - India
- Banpu Public Company Limited - Thailand
- GMR Energy Limited - India
- Simpson Spence & Young - Indonesia
- Makarim & Taira - Indonesia
- SMG Consultants - Indonesia
- Formosa Plastics Group - Taiwan
- Ambuja Cements Ltd - India
- Salva Resources Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- ICICI Bank Limited - India
- Goldman Sachs - Singapore
- Planning Commission, India
- Maheswari Brothers Coal Limited - India
- Bulk Trading Sa - Switzerland
- GVK Power & Infra Limited - India
- Bukit Baiduri Energy - Indonesia
- Mercator Lines Limited - India
- Sinarmas Energy and Mining - Indonesia
- Xindia Steels Limited - India
- Grasim Industreis Ltd - India
- Aboitiz Power Corporation - Philippines
- ASAPP Information Group - India
- Madhucon Powers Ltd - India
- Australian Coal Association
- Kumho Petrochemical, South Korea
- Bukit Asam (Persero) Tbk - Indonesia
- Sojitz Corporation - Japan
- Latin American Coal - Colombia
- AsiaOL BioFuels Corp., Philippines
- Bayan Resources Tbk. - Indonesia
- The State Trading Corporation of India Ltd
- Ministry of Finance - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Miang Besar Coal Terminal - Indonesia
- Carbofer General Trading SA - India
- Videocon Industries ltd - India
- Global Green Power PLC Corporation, Philippines
- Siam City Cement PLC, Thailand
- Minerals Council of Australia
- Energy Link Ltd, New Zealand
- Jaiprakash Power Ventures ltd
- PowerSource Philippines DevCo
- Meenaskhi Energy Private Limited - India
- Larsen & Toubro Limited - India
- Cement Manufacturers Association - India
- Anglo American - United Kingdom
- San Jose City I Power Corp, Philippines
- Renaissance Capital - South Africa
- SMC Global Power, Philippines
- Chamber of Mines of South Africa
- Aditya Birla Group - India
- Power Finance Corporation Ltd., India
- Chettinad Cement Corporation Ltd - India
- Deloitte Consulting - India
- McConnell Dowell - Australia
- White Energy Company Limited
- Cigading International Bulk Terminal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- International Coal Ventures Pvt Ltd - India
- Indonesian Coal Mining Association
- Kalimantan Lumbung Energi - Indonesia
- Mjunction Services Limited - India
- Ceylon Electricity Board - Sri Lanka
- Posco Energy - South Korea
- Star Paper Mills Limited - India
- South Luzon Thermal Energy Corporation
- Thiess Contractors Indonesia
- CNBM International Corporation - China
- New Zealand Coal & Carbon
- Indian Oil Corporation Limited
- Timah Investasi Mineral - Indoneisa
- Sakthi Sugars Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Dalmia Cement Bharat India
- Tamil Nadu electricity Board
- PetroVietnam Power Coal Import and Supply Company
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- LBH Netherlands Bv - Netherlands
- Thai Mozambique Logistica
- Directorate General of MIneral and Coal - Indonesia
- Bhushan Steel Limited - India
- Riau Bara Harum - Indonesia
- Meralco Power Generation, Philippines
- Global Coal Blending Company Limited - Australia
- Ministry of Transport, Egypt
- Leighton Contractors Pty Ltd - Australia
- Barasentosa Lestari - Indonesia
- Romanian Commodities Exchange
- Rio Tinto Coal - Australia
- Krishnapatnam Port Company Ltd. - India
- Sindya Power Generating Company Private Ltd
- Coalindo Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Independent Power Producers Association of India
- VISA Power Limited - India
- Kartika Selabumi Mining - Indonesia
- Bangladesh Power Developement Board
- Bhoruka Overseas - Indonesia
- Trasteel International SA, Italy
- Coal and Oil Company - UAE
- Gujarat Electricity Regulatory Commission - India
- Pipit Mutiara Jaya. PT, Indonesia
- Africa Commodities Group - South Africa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Edison Trading Spa - Italy
- Kideco Jaya Agung - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Tata Chemicals Ltd - India
- Directorate Of Revenue Intelligence - India
- GAC Shipping (India) Pvt Ltd
- Parry Sugars Refinery, India
- Neyveli Lignite Corporation Ltd, - India
- Uttam Galva Steels Limited - India
- Karaikal Port Pvt Ltd - India
- Bharathi Cement Corporation - India
- Asmin Koalindo Tuhup - Indonesia
- Therma Luzon, Inc, Philippines
- Samtan Co., Ltd - South Korea
- European Bulk Services B.V. - Netherlands
- Vedanta Resources Plc - India
- Mercuria Energy - Indonesia
- Orica Australia Pty. Ltd.
- Merrill Lynch Commodities Europe
- PTC India Limited - India
- Savvy Resources Ltd - HongKong
- Siam City Cement - Thailand
- Central Electricity Authority - India
- Marubeni Corporation - India
- Baramulti Group, Indonesia
- Electricity Authority, New Zealand
- Indian Energy Exchange, India
- Alfred C Toepfer International GmbH - Germany
- Globalindo Alam Lestari - Indonesia
- Straits Asia Resources Limited - Singapore
- Lanco Infratech Ltd - India
- Manunggal Multi Energi - Indonesia
- Price Waterhouse Coopers - Russia
- PNOC Exploration Corporation - Philippines
- SN Aboitiz Power Inc, Philippines
- Ministry of Mines - Canada
- Commonwealth Bank - Australia
- Oldendorff Carriers - Singapore
- Sree Jayajothi Cements Limited - India
- Indo Tambangraya Megah - Indonesia
- Energy Development Corp, Philippines
- Medco Energi Mining Internasional
- Mintek Dendrill Indonesia
- Altura Mining Limited, Indonesia
- MS Steel International - UAE
- Petrochimia International Co. Ltd.- Taiwan
- Metalloyd Limited - United Kingdom
- Wilmar Investment Holdings
- Agrawal Coal Company - India
- Parliament of New Zealand
- Borneo Indobara - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- The University of Queensland
- Eastern Coal Council - USA
- Central Java Power - Indonesia
- Orica Mining Services - Indonesia
- Semirara Mining Corp, Philippines
- Heidelberg Cement - Germany
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kohat Cement Company Ltd. - Pakistan
- Sical Logistics Limited - India
- India Bulls Power Limited - India
- Standard Chartered Bank - UAE
- Ind-Barath Power Infra Limited - India
- Iligan Light & Power Inc, Philippines
- Electricity Generating Authority of Thailand
- Indogreen Group - Indonesia
- Intertek Mineral Services - Indonesia
- Indika Energy - Indonesia
- Economic Council, Georgia
- Vijayanagar Sugar Pvt Ltd - India
- Vizag Seaport Private Limited - India
- CIMB Investment Bank - Malaysia
- The Treasury - Australian Government
- Kobexindo Tractors - Indoneisa
- Bukit Makmur.PT - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kaltim Prima Coal - Indonesia
- Toyota Tsusho Corporation, Japan
- TeaM Sual Corporation - Philippines
- Sarangani Energy Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Wood Mackenzie - Singapore
- OPG Power Generation Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Attock Cement Pakistan Limited
- Port Waratah Coal Services - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Australian Commodity Traders Exchange
- Singapore Mercantile Exchange
- Eastern Energy - Thailand
- Global Business Power Corporation, Philippines
- Interocean Group of Companies - India
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