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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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Wednesday, 21 October 15
RUSSIA'S CARBO ONE COAL SALES TO HIT 50 MLN T/YR - JACQUELINE HOLMES
COALspot.com: Russia's Carbo One has become one of the world's leading physical coal traders with an annual volume approaching 50 million t ...
Wednesday, 21 October 15
MARKET INSIGHT - TIMOS PAPADIMITRIOU
In today’s dry bulk market, both freight rates and asset prices are creating mixed feelings to seasoned ship owners, who tend to instinctivel ...
Wednesday, 21 October 15
INDONESIAN COAL MINER BUKIT ASAM POSTS POSITIVE PERFORMANCE DURING FIRST THREE QUARTERS OF 2015
COALspot.com: Indonesian publicly listed and state controlled coal miner PT. Bukit Asam has announced that, the company’s coal sales up 8 per ...
Wednesday, 21 October 15
LOWER DEMAND HIT Q1' 16 INDONESIA COAL SWAPS
COALspot.com: Indonesian coal swap for delivery Q4 2015 declined month on month and week over week.
The Q4 swap declined $ 1.88 (-4.71%) per t ...
Tuesday, 20 October 15
SHIPBROKER SEES CAPESIZE RATES EASILY REACHING $25,000/DAY BY YEAR-END : NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The future course of the dry bulk market has been troubling market participants for quite some time now, as the “elusive” freight rate ...
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- Orica Mining Services - Indonesia
- Electricity Authority, New Zealand
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- Global Business Power Corporation, Philippines
- PTC India Limited - India
- Independent Power Producers Association of India
- Binh Thuan Hamico - Vietnam
- Indian Oil Corporation Limited
- Anglo American - United Kingdom
- Offshore Bulk Terminal Pte Ltd, Singapore
- Renaissance Capital - South Africa
- Thai Mozambique Logistica
- Mjunction Services Limited - India
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- Xindia Steels Limited - India
- PNOC Exploration Corporation - Philippines
- The State Trading Corporation of India Ltd
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- Standard Chartered Bank - UAE
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- Maharashtra Electricity Regulatory Commission - India
- ICICI Bank Limited - India
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- Kaltim Prima Coal - Indonesia
- Heidelberg Cement - Germany
- Goldman Sachs - Singapore
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- Riau Bara Harum - Indonesia
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- Tamil Nadu electricity Board
- European Bulk Services B.V. - Netherlands
- Parry Sugars Refinery, India
- Dalmia Cement Bharat India
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- Orica Australia Pty. Ltd.
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- Chamber of Mines of South Africa
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- CNBM International Corporation - China
- Global Green Power PLC Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- White Energy Company Limited
- Planning Commission, India
- Mintek Dendrill Indonesia
- Leighton Contractors Pty Ltd - Australia
- Singapore Mercantile Exchange
- Coalindo Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- SN Aboitiz Power Inc, Philippines
- SMG Consultants - Indonesia
- Australian Coal Association
- Sinarmas Energy and Mining - Indonesia
- Price Waterhouse Coopers - Russia
- Deloitte Consulting - India
- Trasteel International SA, Italy
- Siam City Cement PLC, Thailand
- Intertek Mineral Services - Indonesia
- The Treasury - Australian Government
- Maheswari Brothers Coal Limited - India
- Pendopo Energi Batubara - Indonesia
- Ministry of Mines - Canada
- Mercuria Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Kobexindo Tractors - Indoneisa
- Larsen & Toubro Limited - India
- Indian Energy Exchange, India
- Commonwealth Bank - Australia
- Uttam Galva Steels Limited - India
- Malabar Cements Ltd - India
- Sojitz Corporation - Japan
- Edison Trading Spa - Italy
- Bahari Cakrawala Sebuku - Indonesia
- Gujarat Sidhee Cement - India
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- Gujarat Mineral Development Corp Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indo Tambangraya Megah - Indonesia
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- Africa Commodities Group - South Africa
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- GAC Shipping (India) Pvt Ltd
- Coal and Oil Company - UAE
- VISA Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Sical Logistics Limited - India
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- Baramulti Group, Indonesia
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- Bharathi Cement Corporation - India
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- Indika Energy - Indonesia
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- Asmin Koalindo Tuhup - Indonesia
- Minerals Council of Australia
- IEA Clean Coal Centre - UK
- Georgia Ports Authority, United States
- Central Java Power - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Electricity Generating Authority of Thailand
- Posco Energy - South Korea
- Indonesian Coal Mining Association
- Bayan Resources Tbk. - Indonesia
- Grasim Industreis Ltd - India
- Bukit Baiduri Energy - Indonesia
- Eastern Coal Council - USA
- Kartika Selabumi Mining - Indonesia
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- AsiaOL BioFuels Corp., Philippines
- Merrill Lynch Commodities Europe
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- Sarangani Energy Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Interocean Group of Companies - India
- Eastern Energy - Thailand
- Globalindo Alam Lestari - Indonesia
- MS Steel International - UAE
- Sree Jayajothi Cements Limited - India
- Energy Development Corp, Philippines
- Ministry of Transport, Egypt
- Carbofer General Trading SA - India
- Bulk Trading Sa - Switzerland
- Cigading International Bulk Terminal - Indonesia
- Lanco Infratech Ltd - India
- Power Finance Corporation Ltd., India
- Global Coal Blending Company Limited - Australia
- Therma Luzon, Inc, Philippines
- Thiess Contractors Indonesia
- Jaiprakash Power Ventures ltd
- Barasentosa Lestari - Indonesia
- Australian Commodity Traders Exchange
- Savvy Resources Ltd - HongKong
- Alfred C Toepfer International GmbH - Germany
- IHS Mccloskey Coal Group - USA
- Bhoruka Overseas - Indonesia
- Toyota Tsusho Corporation, Japan
- Ministry of Finance - Indonesia
- Meralco Power Generation, Philippines
- Essar Steel Hazira Ltd - India
- Simpson Spence & Young - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Samtan Co., Ltd - South Korea
- Kumho Petrochemical, South Korea
- Indogreen Group - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Directorate Of Revenue Intelligence - India
- GMR Energy Limited - India
- Salva Resources Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Romanian Commodities Exchange
- PetroVietnam Power Coal Import and Supply Company
- PowerSource Philippines DevCo
- Rashtriya Ispat Nigam Limited - India
- The University of Queensland
- Parliament of New Zealand
- Aditya Birla Group - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
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- Energy Link Ltd, New Zealand
- OPG Power Generation Pvt Ltd - India
- Agrawal Coal Company - India
- Aboitiz Power Corporation - Philippines
- Rio Tinto Coal - Australia
- Iligan Light & Power Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- LBH Netherlands Bv - Netherlands
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Semirara Mining Corp, Philippines
- Wilmar Investment Holdings
- Tata Chemicals Ltd - India
- Port Waratah Coal Services - Australia
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- London Commodity Brokers - England
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- Economic Council, Georgia
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