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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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Saturday, 11 June 22
AIMTEK INTERNATIONAL CONFERENCE AND AWARDS
Press Release: The prestigious AIMTEK International Conference and Awards concluded successfully on June 7th, 2022 at Radisson Blu, Yas Island Abu ...
Thursday, 26 May 22
MARKET INSIGHT - INTERMODAL
The newbuilding market activity has been significantly positive from a dry bulk owner perspective during the first half of 2022. Indeed, the contra ...
Wednesday, 18 May 22
INDONESIAN COAL PRICE REFERENCE DROPPED 4.42% IN MAY
COALspot.com: Indonesian Coal Price Reference for May delivery drops 4.42 per cent month on month.
The Indonesian Coal Price Referen ...
Thursday, 12 May 22
MARKET INSIGHT - INTERMODAL
Almost through half of the year, the overall shipping market continues to show signs of healthiness, after plenty of festivities and holidays that ...
Wednesday, 27 April 22
EUROPEAN UNION'S LNG IMPORTS - BANCHERO COSTA
In 2021, the European Union (27) was the third largest seaborne importer of LNG in the world, with a 15.8% share.
It followed Mainla ...
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- PowerSource Philippines DevCo
- Interocean Group of Companies - India
- Goldman Sachs - Singapore
- Miang Besar Coal Terminal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Vizag Seaport Private Limited - India
- Rio Tinto Coal - Australia
- Power Finance Corporation Ltd., India
- Standard Chartered Bank - UAE
- Merrill Lynch Commodities Europe
- TNB Fuel Sdn Bhd - Malaysia
- Planning Commission, India
- Simpson Spence & Young - Indonesia
- International Coal Ventures Pvt Ltd - India
- Wood Mackenzie - Singapore
- Global Coal Blending Company Limited - Australia
- Mercuria Energy - Indonesia
- Grasim Industreis Ltd - India
- SMC Global Power, Philippines
- Krishnapatnam Port Company Ltd. - India
- Videocon Industries ltd - India
- Cement Manufacturers Association - India
- Salva Resources Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Intertek Mineral Services - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Tata Chemicals Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Savvy Resources Ltd - HongKong
- Kaltim Prima Coal - Indonesia
- The Treasury - Australian Government
- Coal and Oil Company - UAE
- PNOC Exploration Corporation - Philippines
- LBH Netherlands Bv - Netherlands
- Trasteel International SA, Italy
- Sical Logistics Limited - India
- India Bulls Power Limited - India
- IHS Mccloskey Coal Group - USA
- Star Paper Mills Limited - India
- Sindya Power Generating Company Private Ltd
- Renaissance Capital - South Africa
- Kohat Cement Company Ltd. - Pakistan
- Central Electricity Authority - India
- Altura Mining Limited, Indonesia
- Sinarmas Energy and Mining - Indonesia
- Oldendorff Carriers - Singapore
- Orica Australia Pty. Ltd.
- Gujarat Sidhee Cement - India
- The State Trading Corporation of India Ltd
- Edison Trading Spa - Italy
- Posco Energy - South Korea
- Asmin Koalindo Tuhup - Indonesia
- Dalmia Cement Bharat India
- Malabar Cements Ltd - India
- Barasentosa Lestari - Indonesia
- Chettinad Cement Corporation Ltd - India
- Siam City Cement - Thailand
- GVK Power & Infra Limited - India
- Formosa Plastics Group - Taiwan
- Kapuas Tunggal Persada - Indonesia
- Electricity Generating Authority of Thailand
- MS Steel International - UAE
- Attock Cement Pakistan Limited
- Indian Energy Exchange, India
- Ministry of Transport, Egypt
- Gujarat Mineral Development Corp Ltd - India
- Metalloyd Limited - United Kingdom
- Bukit Baiduri Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Larsen & Toubro Limited - India
- Bhushan Steel Limited - India
- Riau Bara Harum - Indonesia
- Coalindo Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- Billiton Holdings Pty Ltd - Australia
- Manunggal Multi Energi - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bulk Trading Sa - Switzerland
- Parry Sugars Refinery, India
- Bukit Asam (Persero) Tbk - Indonesia
- South Luzon Thermal Energy Corporation
- Australian Coal Association
- New Zealand Coal & Carbon
- San Jose City I Power Corp, Philippines
- Indo Tambangraya Megah - Indonesia
- ASAPP Information Group - India
- McConnell Dowell - Australia
- Thiess Contractors Indonesia
- SN Aboitiz Power Inc, Philippines
- Minerals Council of Australia
- Bharathi Cement Corporation - India
- Global Business Power Corporation, Philippines
- Madhucon Powers Ltd - India
- Bhatia International Limited - India
- Kobexindo Tractors - Indoneisa
- London Commodity Brokers - England
- Baramulti Group, Indonesia
- Timah Investasi Mineral - Indoneisa
- Pipit Mutiara Jaya. PT, Indonesia
- Lanco Infratech Ltd - India
- Africa Commodities Group - South Africa
- Uttam Galva Steels Limited - India
- Orica Mining Services - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Independent Power Producers Association of India
- Price Waterhouse Coopers - Russia
- Ministry of Finance - Indonesia
- Marubeni Corporation - India
- Georgia Ports Authority, United States
- Indogreen Group - Indonesia
- TeaM Sual Corporation - Philippines
- Xindia Steels Limited - India
- Therma Luzon, Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Energy Link Ltd, New Zealand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- European Bulk Services B.V. - Netherlands
- Meenaskhi Energy Private Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Medco Energi Mining Internasional
- Kideco Jaya Agung - Indonesia
- Heidelberg Cement - Germany
- Semirara Mining Corp, Philippines
- Tamil Nadu electricity Board
- Petrochimia International Co. Ltd.- Taiwan
- Essar Steel Hazira Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Port Waratah Coal Services - Australia
- Bayan Resources Tbk. - Indonesia
- Wilmar Investment Holdings
- Latin American Coal - Colombia
- The University of Queensland
- Economic Council, Georgia
- Singapore Mercantile Exchange
- Samtan Co., Ltd - South Korea
- Iligan Light & Power Inc, Philippines
- Commonwealth Bank - Australia
- Mintek Dendrill Indonesia
- Australian Commodity Traders Exchange
- Mjunction Services Limited - India
- Central Java Power - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- VISA Power Limited - India
- Sojitz Corporation - Japan
- Sarangani Energy Corporation, Philippines
- Karbindo Abesyapradhi - Indoneisa
- ICICI Bank Limited - India
- Alfred C Toepfer International GmbH - Germany
- CIMB Investment Bank - Malaysia
- Kartika Selabumi Mining - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Aboitiz Power Corporation - Philippines
- GAC Shipping (India) Pvt Ltd
- Global Green Power PLC Corporation, Philippines
- Bangladesh Power Developement Board
- Eastern Coal Council - USA
- Binh Thuan Hamico - Vietnam
- Energy Development Corp, Philippines
- Petron Corporation, Philippines
- Borneo Indobara - Indonesia
- Chamber of Mines of South Africa
- Mercator Lines Limited - India
- Indian Oil Corporation Limited
- Anglo American - United Kingdom
- Sree Jayajothi Cements Limited - India
- Indonesian Coal Mining Association
- OPG Power Generation Pvt Ltd - India
- SMG Consultants - Indonesia
- Straits Asia Resources Limited - Singapore
- Maharashtra Electricity Regulatory Commission - India
- IEA Clean Coal Centre - UK
- Leighton Contractors Pty Ltd - Australia
- Electricity Authority, New Zealand
- Thai Mozambique Logistica
- Indika Energy - Indonesia
- Jindal Steel & Power Ltd - India
- PTC India Limited - India
- Coastal Gujarat Power Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Pendopo Energi Batubara - Indonesia
- Ambuja Cements Ltd - India
- Aditya Birla Group - India
- Deloitte Consulting - India
- Kepco SPC Power Corporation, Philippines
- Siam City Cement PLC, Thailand
- Agrawal Coal Company - India
- Makarim & Taira - Indonesia
- Parliament of New Zealand
- Banpu Public Company Limited - Thailand
- Carbofer General Trading SA - India
- GN Power Mariveles Coal Plant, Philippines
- Cigading International Bulk Terminal - Indonesia
- Eastern Energy - Thailand
- Neyveli Lignite Corporation Ltd, - India
- Karaikal Port Pvt Ltd - India
- Vedanta Resources Plc - India
- CNBM International Corporation - China
- Bukit Makmur.PT - Indonesia
- Kumho Petrochemical, South Korea
- Romanian Commodities Exchange
- Bhoruka Overseas - Indonesia
- White Energy Company Limited
- Ind-Barath Power Infra Limited - India
- Ministry of Mines - Canada
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Jaiprakash Power Ventures ltd
- Globalindo Alam Lestari - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sakthi Sugars Limited - India
- GMR Energy Limited - India
- Meralco Power Generation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Toyota Tsusho Corporation, Japan
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