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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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Thursday, 11 June 15
IS COAL INDUSTRY GOING TO HIT A BRICK WALL?
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Wednesday, 10 June 15
TANKER MARKET INSIGHT - STELIOS KOLLINTZAS
As we go through the end of the 2nd quarter of the year it is evident that the tanker shipping markets have been rewarding and definitely been show ...
Wednesday, 10 June 15
WORLD COAL MARKET HEADING TO NEW EQUILIBRIUM: MINISTER - JAKARTA POST
Energy and Mineral Resources Minister Sudirman Said has said the world’s coal market is heading towards a new balance, which will make Indone ...
Wednesday, 10 June 15
FOB INDONESIA COAL SWAP ROSE W-O-W AND M-O-M
COALspot.com: Indonesian coal swap for delivery Q3 2015 gains month on month and week over week, this past week.
The Q3 swap was climbed by $ ...
Tuesday, 09 June 15
GLOBALCOAL IMPLEMENTS VOLUMETRIC SIZE LIMITS IN RICHARDS BAY MARKET
COALspot.com: globalCOAL today announced that following recent market consultation, it will limit bids, offers and trades in the fixed price Phys R ...
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- SMG Consultants - Indonesia
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- Aboitiz Power Corporation - Philippines
- Oldendorff Carriers - Singapore
- Indian Oil Corporation Limited
- Metalloyd Limited - United Kingdom
- ICICI Bank Limited - India
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- Lanco Infratech Ltd - India
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- Indian Energy Exchange, India
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- Rio Tinto Coal - Australia
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- Tata Chemicals Ltd - India
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- Chamber of Mines of South Africa
- Billiton Holdings Pty Ltd - Australia
- Trasteel International SA, Italy
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- Jorong Barutama Greston.PT - Indonesia
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- Mjunction Services Limited - India
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- Sojitz Corporation - Japan
- Parliament of New Zealand
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- Renaissance Capital - South Africa
- Bukit Makmur.PT - Indonesia
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- Ministry of Finance - Indonesia
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- Mintek Dendrill Indonesia
- Directorate General of MIneral and Coal - Indonesia
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- Indonesian Coal Mining Association
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- GVK Power & Infra Limited - India
- Wood Mackenzie - Singapore
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- Sical Logistics Limited - India
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- Ind-Barath Power Infra Limited - India
- Merrill Lynch Commodities Europe
- Ministry of Transport, Egypt
- Thiess Contractors Indonesia
- IEA Clean Coal Centre - UK
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- Anglo American - United Kingdom
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- Pipit Mutiara Jaya. PT, Indonesia
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- Electricity Authority, New Zealand
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- Samtan Co., Ltd - South Korea
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- Orica Mining Services - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
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- South Luzon Thermal Energy Corporation
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- Deloitte Consulting - India
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- Petron Corporation, Philippines
- Baramulti Group, Indonesia
- Binh Thuan Hamico - Vietnam
- Maheswari Brothers Coal Limited - India
- Karbindo Abesyapradhi - Indoneisa
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- Coastal Gujarat Power Limited - India
- LBH Netherlands Bv - Netherlands
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- Medco Energi Mining Internasional
- Siam City Cement - Thailand
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- Asmin Koalindo Tuhup - Indonesia
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- Bharathi Cement Corporation - India
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- The State Trading Corporation of India Ltd
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- IHS Mccloskey Coal Group - USA
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- Indo Tambangraya Megah - Indonesia
- Georgia Ports Authority, United States
- TNB Fuel Sdn Bhd - Malaysia
- Bahari Cakrawala Sebuku - Indonesia
- Planning Commission, India
- Ministry of Mines - Canada
- Kalimantan Lumbung Energi - Indonesia
- London Commodity Brokers - England
- Eastern Energy - Thailand
- Antam Resourcindo - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Cement Manufacturers Association - India
- White Energy Company Limited
- ASAPP Information Group - India
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- Altura Mining Limited, Indonesia
- Therma Luzon, Inc, Philippines
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- Economic Council, Georgia
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