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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, 16 October 14
PANAMAX OWNERS RECEIVE A PREMIUM FOR GOING TO INDIA VIA INDONESIA - FEARNLEYS AS
Handy
The Handy/Supra market continues to slide in both hemispheres, said Fearnleys AS in its latest week report. In the Atlantic we see rates co ...
Thursday, 16 October 14
ARE WE GOING TO SHOOT OURSELVES IN THE FOOT ONCE AGAIN? - PANOS MAKRINOS
As the East part of our globe was coming back from its October holidays last week, everyone expected that the Dry Bulk market would follow suit and ...
Wednesday, 15 October 14
PANAMAX: ACTIVITY IN THE PACIFIC WAS UNIMPRESSIVE
The Dry Bulk market noted another weekly decline last week, while the BDI moved below 1,000 points taking down with it expectations that a post hol ...
Wednesday, 15 October 14
INDONESIAN COAL PRICE REFERENCE FELL TO FRESH MULTI-YEAR LOWS IN OCTOBER
COALspot.com - The Ministry of Energy & Mineral Resources of Indonesia revised down the coal bench mark price once again in October 2014.
...
Wednesday, 15 October 14
DRY BULK SHIPPING: RATE IMPROVEMENTS ARRIVED AS FORECAST, BUT UNCERTAINTY MOUNTS FOR 2015 DEMAND - BIMCO
BIMCO released its latest short term assessment of the dry bulk market, estimating that over the October-November period, the level of Capesize TC ...
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- Carbofer General Trading SA - India
- Gujarat Mineral Development Corp Ltd - India
- Directorate Of Revenue Intelligence - India
- Barasentosa Lestari - Indonesia
- VISA Power Limited - India
- Intertek Mineral Services - Indonesia
- Minerals Council of Australia
- Central Java Power - Indonesia
- Eastern Energy - Thailand
- Simpson Spence & Young - Indonesia
- Price Waterhouse Coopers - Russia
- The University of Queensland
- Orica Australia Pty. Ltd.
- Wilmar Investment Holdings
- Manunggal Multi Energi - Indonesia
- Parliament of New Zealand
- Semirara Mining Corp, Philippines
- Coastal Gujarat Power Limited - India
- SN Aboitiz Power Inc, Philippines
- The State Trading Corporation of India Ltd
- Vedanta Resources Plc - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- PowerSource Philippines DevCo
- Pendopo Energi Batubara - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Altura Mining Limited, Indonesia
- Jindal Steel & Power Ltd - India
- SMC Global Power, Philippines
- Eastern Coal Council - USA
- Port Waratah Coal Services - Australia
- Petrochimia International Co. Ltd.- Taiwan
- White Energy Company Limited
- London Commodity Brokers - England
- Siam City Cement - Thailand
- Marubeni Corporation - India
- Planning Commission, India
- Malabar Cements Ltd - India
- CIMB Investment Bank - Malaysia
- Bukit Asam (Persero) Tbk - Indonesia
- Economic Council, Georgia
- Mercator Lines Limited - India
- Agrawal Coal Company - India
- Sarangani Energy Corporation, Philippines
- Uttam Galva Steels Limited - India
- Ministry of Transport, Egypt
- Chettinad Cement Corporation Ltd - India
- Kartika Selabumi Mining - Indonesia
- Africa Commodities Group - South Africa
- Oldendorff Carriers - Singapore
- Heidelberg Cement - Germany
- Cement Manufacturers Association - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Electricity Generating Authority of Thailand
- PNOC Exploration Corporation - Philippines
- Ministry of Mines - Canada
- Star Paper Mills Limited - India
- Bhoruka Overseas - Indonesia
- Alfred C Toepfer International GmbH - Germany
- International Coal Ventures Pvt Ltd - India
- Australian Coal Association
- Kohat Cement Company Ltd. - Pakistan
- Samtan Co., Ltd - South Korea
- Bangladesh Power Developement Board
- New Zealand Coal & Carbon
- Formosa Plastics Group - Taiwan
- GMR Energy Limited - India
- India Bulls Power Limited - India
- Gujarat Electricity Regulatory Commission - India
- European Bulk Services B.V. - Netherlands
- Ind-Barath Power Infra Limited - India
- Kideco Jaya Agung - Indonesia
- Anglo American - United Kingdom
- Cigading International Bulk Terminal - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Commonwealth Bank - Australia
- Jorong Barutama Greston.PT - Indonesia
- Power Finance Corporation Ltd., India
- Borneo Indobara - Indonesia
- Sojitz Corporation - Japan
- Goldman Sachs - Singapore
- Indogreen Group - Indonesia
- Sindya Power Generating Company Private Ltd
- Ambuja Cements Ltd - India
- Bukit Baiduri Energy - Indonesia
- Tata Chemicals Ltd - India
- Georgia Ports Authority, United States
- Rio Tinto Coal - Australia
- Trasteel International SA, Italy
- Bulk Trading Sa - Switzerland
- South Luzon Thermal Energy Corporation
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- TNB Fuel Sdn Bhd - Malaysia
- Madhucon Powers Ltd - India
- Deloitte Consulting - India
- San Jose City I Power Corp, Philippines
- IHS Mccloskey Coal Group - USA
- Medco Energi Mining Internasional
- Sree Jayajothi Cements Limited - India
- Standard Chartered Bank - UAE
- GN Power Mariveles Coal Plant, Philippines
- Kapuas Tunggal Persada - Indonesia
- SMG Consultants - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Karbindo Abesyapradhi - Indoneisa
- PetroVietnam Power Coal Import and Supply Company
- Electricity Authority, New Zealand
- Merrill Lynch Commodities Europe
- Independent Power Producers Association of India
- Makarim & Taira - Indonesia
- Vizag Seaport Private Limited - India
- Aboitiz Power Corporation - Philippines
- Xindia Steels Limited - India
- Kaltim Prima Coal - Indonesia
- Siam City Cement PLC, Thailand
- Therma Luzon, Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Directorate General of MIneral and Coal - Indonesia
- Kobexindo Tractors - Indoneisa
- Coalindo Energy - Indonesia
- Gujarat Sidhee Cement - India
- Meenaskhi Energy Private Limited - India
- Chamber of Mines of South Africa
- Thiess Contractors Indonesia
- McConnell Dowell - Australia
- Ceylon Electricity Board - Sri Lanka
- Mercuria Energy - Indonesia
- Interocean Group of Companies - India
- IEA Clean Coal Centre - UK
- Global Green Power PLC Corporation, Philippines
- Bharathi Cement Corporation - India
- Global Coal Blending Company Limited - Australia
- Renaissance Capital - South Africa
- Semirara Mining and Power Corporation, Philippines
- Aditya Birla Group - India
- Neyveli Lignite Corporation Ltd, - India
- Ministry of Finance - Indonesia
- Lanco Infratech Ltd - India
- Energy Link Ltd, New Zealand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Dalmia Cement Bharat India
- Singapore Mercantile Exchange
- Bukit Makmur.PT - Indonesia
- Wood Mackenzie - Singapore
- Savvy Resources Ltd - HongKong
- Latin American Coal - Colombia
- Mintek Dendrill Indonesia
- LBH Netherlands Bv - Netherlands
- Banpu Public Company Limited - Thailand
- OPG Power Generation Pvt Ltd - India
- Energy Development Corp, Philippines
- Jaiprakash Power Ventures ltd
- Metalloyd Limited - United Kingdom
- GAC Shipping (India) Pvt Ltd
- Maharashtra Electricity Regulatory Commission - India
- Essar Steel Hazira Ltd - India
- Baramulti Group, Indonesia
- Kepco SPC Power Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Mjunction Services Limited - India
- Parry Sugars Refinery, India
- PTC India Limited - India
- Edison Trading Spa - Italy
- Indonesian Coal Mining Association
- Iligan Light & Power Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Karaikal Port Pvt Ltd - India
- ASAPP Information Group - India
- Globalindo Alam Lestari - Indonesia
- Bhushan Steel Limited - India
- Posco Energy - South Korea
- Bhatia International Limited - India
- The Treasury - Australian Government
- Global Business Power Corporation, Philippines
- Grasim Industreis Ltd - India
- Petron Corporation, Philippines
- Videocon Industries ltd - India
- Timah Investasi Mineral - Indoneisa
- Straits Asia Resources Limited - Singapore
- Riau Bara Harum - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Maheswari Brothers Coal Limited - India
- ICICI Bank Limited - India
- Romanian Commodities Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- Krishnapatnam Port Company Ltd. - India
- Indo Tambangraya Megah - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Indika Energy - Indonesia
- Salva Resources Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Bayan Resources Tbk. - Indonesia
- Orica Mining Services - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Central Electricity Authority - India
- Kumho Petrochemical, South Korea
- Sical Logistics Limited - India
- Sakthi Sugars Limited - India
- MS Steel International - UAE
- Holcim Trading Pte Ltd - Singapore
- Attock Cement Pakistan Limited
- CNBM International Corporation - China
- Antam Resourcindo - Indonesia
- Coal and Oil Company - UAE
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Australian Commodity Traders Exchange
- Pipit Mutiara Jaya. PT, Indonesia
- Larsen & Toubro Limited - India
- GVK Power & Infra Limited - India
- Indian Oil Corporation Limited
- TeaM Sual Corporation - Philippines
- Sinarmas Energy and Mining - Indonesia
- Thai Mozambique Logistica
- Indian Energy Exchange, India
- AsiaOL BioFuels Corp., Philippines
- Meralco Power Generation, Philippines
- Tamil Nadu electricity Board
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