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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, 17 December 14
MARKET INSIGHT - INTERMODAL SHANGHAI, SNP TEAM
As the end of the fourth quarter is approaching, we are all witness to the second hand market prices softening day by day. Any new deal surfacing t ...
Tuesday, 16 December 14
THIS PRICE IS A STEAL - EVA TZIMA
COALspot.com: Despite concerns that the slowdown of the Chinese economy would affect imports of iron ore, it seems that this has not been the case ...
Tuesday, 16 December 14
FOB RICHARDS BAY COAL SWAP FOR Q2' 15 DELIVERY CLOSED AT US$ 65.60 PMT
COALspot.com: API 4 FOB Richards Bay Coal for delivery Q1' 2015 lost month on month.
The Q1 swap has lost US$ 0.18 (-0.27%) month on month ...
Tuesday, 16 December 14
SUB-BIT FOB INDONESIA COAL SWAP CONTINUES ITS FALL
COALspot.com: Indonesian coal swaps for delivery Q1' 2015 lost month on month, week over week and day on day.
The Q1 swap has lost US$ 1.7 ...
Monday, 15 December 14
WILL TANKERS BENEFIT FROM REEMERGENCE OF FLOATING STORAGE PLAYS? - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The tanker market has been seeing high freight rates for some time now, riding on the back of low oil prices, which are boosting demand from develo ...
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- Coal and Oil Company - UAE
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- Kobexindo Tractors - Indoneisa
- Bulk Trading Sa - Switzerland
- Samtan Co., Ltd - South Korea
- Karbindo Abesyapradhi - Indoneisa
- International Coal Ventures Pvt Ltd - India
- GMR Energy Limited - India
- Attock Cement Pakistan Limited
- Oldendorff Carriers - Singapore
- Renaissance Capital - South Africa
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- Gujarat Sidhee Cement - India
- Georgia Ports Authority, United States
- Heidelberg Cement - Germany
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- Mercator Lines Limited - India
- Alfred C Toepfer International GmbH - Germany
- VISA Power Limited - India
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- Australian Coal Association
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- European Bulk Services B.V. - Netherlands
- Sindya Power Generating Company Private Ltd
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- Indian Oil Corporation Limited
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- Bukit Makmur.PT - Indonesia
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- Mintek Dendrill Indonesia
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- Kapuas Tunggal Persada - Indonesia
- Ambuja Cements Ltd - India
- Eastern Coal Council - USA
- Manunggal Multi Energi - Indonesia
- Energy Link Ltd, New Zealand
- Economic Council, Georgia
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- Thiess Contractors Indonesia
- Sical Logistics Limited - India
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- Leighton Contractors Pty Ltd - Australia
- Directorate Of Revenue Intelligence - India
- Holcim Trading Pte Ltd - Singapore
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- Sinarmas Energy and Mining - Indonesia
- Sree Jayajothi Cements Limited - India
- Latin American Coal - Colombia
- Agrawal Coal Company - India
- Semirara Mining Corp, Philippines
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- Minerals Council of Australia
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- CNBM International Corporation - China
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- Petron Corporation, Philippines
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- Electricity Generating Authority of Thailand
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- Ministry of Transport, Egypt
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- Kideco Jaya Agung - Indonesia
- Independent Power Producers Association of India
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- ICICI Bank Limited - India
- Parliament of New Zealand
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- Meralco Power Generation, Philippines
- Simpson Spence & Young - Indonesia
- Global Coal Blending Company Limited - Australia
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- Africa Commodities Group - South Africa
- London Commodity Brokers - England
- Sarangani Energy Corporation, Philippines
- Siam City Cement PLC, Thailand
- GVK Power & Infra Limited - India
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- Anglo American - United Kingdom
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- Electricity Authority, New Zealand
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- Offshore Bulk Terminal Pte Ltd, Singapore
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- Chamber of Mines of South Africa
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- Planning Commission, India
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- Bhoruka Overseas - Indonesia
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- TNB Fuel Sdn Bhd - Malaysia
- Edison Trading Spa - Italy
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- Ind-Barath Power Infra Limited - India
- Kartika Selabumi Mining - Indonesia
- Port Waratah Coal Services - Australia
- Makarim & Taira - Indonesia
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- Pipit Mutiara Jaya. PT, Indonesia
- Trasteel International SA, Italy
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- Price Waterhouse Coopers - Russia
- Ceylon Electricity Board - Sri Lanka
- Wood Mackenzie - Singapore
- IHS Mccloskey Coal Group - USA
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- Banpu Public Company Limited - Thailand
- Billiton Holdings Pty Ltd - Australia
- Indonesian Coal Mining Association
- Merrill Lynch Commodities Europe
- The University of Queensland
- Bhatia International Limited - India
- The Treasury - Australian Government
- Indika Energy - Indonesia
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- Therma Luzon, Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Jindal Steel & Power Ltd - India
- Bangladesh Power Developement Board
- Thai Mozambique Logistica
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- Metalloyd Limited - United Kingdom
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