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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, 20 February 15
U.S. PRODUCED AROUND 19.2 MILLION SHORT TONS OF COAL WEEK ON WEEK
COALspot.com – United States the world's one of the largest coal producers, produced approximately 19.2 million short tons (mmst) of coal ...
Thursday, 19 February 15
PANAMAX: NOPAC AND AUSSIE ROUNDS ARE DONE IN LOW/MID $ 4000; TRIPS VIA INDONESIA TO INDIA CLOSER TO THE $5000 MARK - FEARNLEYS
Handy
The handy and supra market has not seen any firming rates in front of the Chinese New Year and still suffering on low activity in both hemi ...
Wednesday, 18 February 15
DRY BULK SHIPPING TO RECOVER IN LATE 2015 - DREWRY MARITIME RESEARCH
Strong trade growth, moderating fleet development and deployment of new fuel efficient vessels are expected to lead to a recovery in dry bulk shipp ...
Tuesday, 17 February 15
WHO PAYS THE SUEZ CANAL FEES? - INCE & CO
KNOWLEDGE TO ELEVATE
This was an appeal from an arbitration award on a point of construction in relation to the wording of an addendum to a ch ...
Tuesday, 17 February 15
BUOYANT WAVES IN RECENT YEARS: GLOBAL SHIP INVESTMENT SINCE THE CRASH - HELLENIC SHIPPING NEWS
Anxiety about fleet expansion is a recurring feature of world shipping markets. Within the global maritime community, worries about the vast amount ...
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- Ambuja Cements Ltd - India
- Bhatia International Limited - India
- GVK Power & Infra Limited - India
- Xindia Steels Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Renaissance Capital - South Africa
- Medco Energi Mining Internasional
- International Coal Ventures Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Agrawal Coal Company - India
- Meenaskhi Energy Private Limited - India
- Mintek Dendrill Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Meralco Power Generation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Vizag Seaport Private Limited - India
- European Bulk Services B.V. - Netherlands
- Gujarat Sidhee Cement - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ministry of Finance - Indonesia
- Posco Energy - South Korea
- Bulk Trading Sa - Switzerland
- Manunggal Multi Energi - Indonesia
- Planning Commission, India
- Maheswari Brothers Coal Limited - India
- Bhoruka Overseas - Indonesia
- Siam City Cement PLC, Thailand
- Carbofer General Trading SA - India
- Samtan Co., Ltd - South Korea
- Essar Steel Hazira Ltd - India
- Coalindo Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- Tamil Nadu electricity Board
- Mercator Lines Limited - India
- Eastern Energy - Thailand
- Electricity Authority, New Zealand
- London Commodity Brokers - England
- IHS Mccloskey Coal Group - USA
- Directorate General of MIneral and Coal - Indonesia
- Port Waratah Coal Services - Australia
- McConnell Dowell - Australia
- PetroVietnam Power Coal Import and Supply Company
- TeaM Sual Corporation - Philippines
- Ministry of Mines - Canada
- Cement Manufacturers Association - India
- SMC Global Power, Philippines
- ASAPP Information Group - India
- New Zealand Coal & Carbon
- PNOC Exploration Corporation - Philippines
- Interocean Group of Companies - India
- ICICI Bank Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Vedanta Resources Plc - India
- IEA Clean Coal Centre - UK
- Krishnapatnam Port Company Ltd. - India
- Price Waterhouse Coopers - Russia
- GMR Energy Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Kumho Petrochemical, South Korea
- India Bulls Power Limited - India
- CNBM International Corporation - China
- Grasim Industreis Ltd - India
- Indian Oil Corporation Limited
- Marubeni Corporation - India
- VISA Power Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Banpu Public Company Limited - Thailand
- Singapore Mercantile Exchange
- Sarangani Energy Corporation, Philippines
- Ministry of Transport, Egypt
- Star Paper Mills Limited - India
- Global Business Power Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Anglo American - United Kingdom
- Semirara Mining and Power Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Makarim & Taira - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Merrill Lynch Commodities Europe
- Pendopo Energi Batubara - Indonesia
- Power Finance Corporation Ltd., India
- Jindal Steel & Power Ltd - India
- White Energy Company Limited
- Deloitte Consulting - India
- Parry Sugars Refinery, India
- Semirara Mining Corp, Philippines
- AsiaOL BioFuels Corp., Philippines
- Central Electricity Authority - India
- Bukit Baiduri Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- Indonesian Coal Mining Association
- Commonwealth Bank - Australia
- LBH Netherlands Bv - Netherlands
- Petrochimia International Co. Ltd.- Taiwan
- Antam Resourcindo - Indonesia
- Goldman Sachs - Singapore
- Kapuas Tunggal Persada - Indonesia
- Uttam Galva Steels Limited - India
- SMG Consultants - Indonesia
- The University of Queensland
- GAC Shipping (India) Pvt Ltd
- Barasentosa Lestari - Indonesia
- CIMB Investment Bank - Malaysia
- Malabar Cements Ltd - India
- Thai Mozambique Logistica
- Chettinad Cement Corporation Ltd - India
- Attock Cement Pakistan Limited
- Kobexindo Tractors - Indoneisa
- Kaltim Prima Coal - Indonesia
- Indika Energy - Indonesia
- Tata Chemicals Ltd - India
- Ind-Barath Power Infra Limited - India
- Larsen & Toubro Limited - India
- Bhushan Steel Limited - India
- Heidelberg Cement - Germany
- Trasteel International SA, Italy
- Rio Tinto Coal - Australia
- Miang Besar Coal Terminal - Indonesia
- Intertek Mineral Services - Indonesia
- Orica Australia Pty. Ltd.
- Metalloyd Limited - United Kingdom
- Oldendorff Carriers - Singapore
- MS Steel International - UAE
- San Jose City I Power Corp, Philippines
- SN Aboitiz Power Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Bharathi Cement Corporation - India
- Therma Luzon, Inc, Philippines
- The Treasury - Australian Government
- Bayan Resources Tbk. - Indonesia
- Indo Tambangraya Megah - Indonesia
- Sical Logistics Limited - India
- Indogreen Group - Indonesia
- Aboitiz Power Corporation - Philippines
- Wilmar Investment Holdings
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jaiprakash Power Ventures ltd
- Energy Link Ltd, New Zealand
- Sakthi Sugars Limited - India
- Economic Council, Georgia
- Directorate Of Revenue Intelligence - India
- Holcim Trading Pte Ltd - Singapore
- Parliament of New Zealand
- The State Trading Corporation of India Ltd
- Australian Coal Association
- Leighton Contractors Pty Ltd - Australia
- Baramulti Group, Indonesia
- Bukit Makmur.PT - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Kideco Jaya Agung - Indonesia
- Indian Energy Exchange, India
- Chamber of Mines of South Africa
- Gujarat Electricity Regulatory Commission - India
- Kalimantan Lumbung Energi - Indonesia
- Africa Commodities Group - South Africa
- Romanian Commodities Exchange
- Orica Mining Services - Indonesia
- Savvy Resources Ltd - HongKong
- Timah Investasi Mineral - Indoneisa
- Globalindo Alam Lestari - Indonesia
- PTC India Limited - India
- Mercuria Energy - Indonesia
- Lanco Infratech Ltd - India
- Standard Chartered Bank - UAE
- Energy Development Corp, Philippines
- Independent Power Producers Association of India
- Salva Resources Pvt Ltd - India
- Petron Corporation, Philippines
- Electricity Generating Authority of Thailand
- Siam City Cement - Thailand
- Videocon Industries ltd - India
- Sree Jayajothi Cements Limited - India
- Kepco SPC Power Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Madhucon Powers Ltd - India
- Wood Mackenzie - Singapore
- Bangladesh Power Developement Board
- Iligan Light & Power Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Karaikal Port Pvt Ltd - India
- Minerals Council of Australia
- Global Coal Blending Company Limited - Australia
- Formosa Plastics Group - Taiwan
- Sojitz Corporation - Japan
- TNB Fuel Sdn Bhd - Malaysia
- OPG Power Generation Pvt Ltd - India
- Dalmia Cement Bharat India
- Billiton Holdings Pty Ltd - Australia
- Simpson Spence & Young - Indonesia
- Aditya Birla Group - India
- Borneo Indobara - Indonesia
- Georgia Ports Authority, United States
- GN Power Mariveles Coal Plant, Philippines
- Australian Commodity Traders Exchange
- Altura Mining Limited, Indonesia
- Coal and Oil Company - UAE
- Global Green Power PLC Corporation, Philippines
- Riau Bara Harum - Indonesia
- Mjunction Services Limited - India
- PowerSource Philippines DevCo
- Edison Trading Spa - Italy
- Toyota Tsusho Corporation, Japan
- South Luzon Thermal Energy Corporation
- Jorong Barutama Greston.PT - Indonesia
- Sindya Power Generating Company Private Ltd
- Central Java Power - Indonesia
- Latin American Coal - Colombia
- Eastern Coal Council - USA
- Sinarmas Energy and Mining - Indonesia
- Thiess Contractors Indonesia
- Gujarat Mineral Development Corp Ltd - India
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