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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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Tuesday, 26 August 14
GOVT ON TRACK TO LIMIT COAL OUTPUT - THE JAKARTA POST
The government has announced that it will proceed with plans to cap the production of coal next year, a move aimed not only at protecting the envir ...
Monday, 25 August 14
4TH ANNUAL FLOATING TERMINALS
4th Annual Floating Terminals
18-20 Nov 2014
Intercontinental Jakarta Midplaza,
Indonesia
Web Site
The Floating Terminal c ...
Monday, 25 August 14
THE BALTIC DRY IS JUMPING, BUT DON'T DRAW ANY BROAD CONCLUSIONS - NASDAQ
Those who consistently preach doom and gloom and see an economic apocalypse around every corner would make me laugh if it weren’t for the fac ...
Monday, 25 August 14
COAL CEOS: DEMISE OF COAL 'EXAGGERATED' - MARK WILCOX
By Mark Wilcox
Heads of some of the largest coal companies in Wyoming are saying the demise of coal has been exaggerated, though the industry def ...
Monday, 25 August 14
INDO COAL SWAPS W-O-W: NEGATIVE; M-O-M: POSITIVE
COALspot.com: Indonesian coal swaps for average September 2014 decreased US$ 0.15 (-0.28%) day on day and US$ 0.65 (-1.19%) per mt week on week. Th ...
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- Global Business Power Corporation, Philippines
- Sree Jayajothi Cements Limited - India
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- Siam City Cement PLC, Thailand
- Rio Tinto Coal - Australia
- Global Green Power PLC Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Tata Chemicals Ltd - India
- Dalmia Cement Bharat India
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- SN Aboitiz Power Inc, Philippines
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- Australian Commodity Traders Exchange
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- Formosa Plastics Group - Taiwan
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- Renaissance Capital - South Africa
- Power Finance Corporation Ltd., India
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- Siam City Cement - Thailand
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- Therma Luzon, Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- McConnell Dowell - Australia
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- Bangladesh Power Developement Board
- Commonwealth Bank - Australia
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- Xindia Steels Limited - India
- Indo Tambangraya Megah - Indonesia
- Indian Oil Corporation Limited
- Indian Energy Exchange, India
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- Directorate General of MIneral and Coal - Indonesia
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- Leighton Contractors Pty Ltd - Australia
- Eastern Coal Council - USA
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- IEA Clean Coal Centre - UK
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- Thiess Contractors Indonesia
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- Wilmar Investment Holdings
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- Indonesian Coal Mining Association
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- Sakthi Sugars Limited - India
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- CIMB Investment Bank - Malaysia
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- Africa Commodities Group - South Africa
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- Madhucon Powers Ltd - India
- Port Waratah Coal Services - Australia
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- Jorong Barutama Greston.PT - Indonesia
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- Toyota Tsusho Corporation, Japan
- Ministry of Finance - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Bhoruka Overseas - Indonesia
- Iligan Light & Power Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Wood Mackenzie - Singapore
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- PTC India Limited - India
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- White Energy Company Limited
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- Kumho Petrochemical, South Korea
- Chamber of Mines of South Africa
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- Indika Energy - Indonesia
- Energy Development Corp, Philippines
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- Bukit Baiduri Energy - Indonesia
- Electricity Authority, New Zealand
- Directorate Of Revenue Intelligence - India
- Sindya Power Generating Company Private Ltd
- Coal and Oil Company - UAE
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- Vedanta Resources Plc - India
- Simpson Spence & Young - Indonesia
- Semirara Mining Corp, Philippines
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- TNB Fuel Sdn Bhd - Malaysia
- Rashtriya Ispat Nigam Limited - India
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- Electricity Generating Authority of Thailand
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- Aboitiz Power Corporation - Philippines
- Meenaskhi Energy Private Limited - India
- Planning Commission, India
- Barasentosa Lestari - Indonesia
- ASAPP Information Group - India
- Asmin Koalindo Tuhup - Indonesia
- Standard Chartered Bank - UAE
- Sojitz Corporation - Japan
- VISA Power Limited - India
- Bhushan Steel Limited - India
- Semirara Mining and Power Corporation, Philippines
- Singapore Mercantile Exchange
- Grasim Industreis Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Price Waterhouse Coopers - Russia
- Coastal Gujarat Power Limited - India
- Gujarat Electricity Regulatory Commission - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- MS Steel International - UAE
- Maharashtra Electricity Regulatory Commission - India
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- Larsen & Toubro Limited - India
- Economic Council, Georgia
- Antam Resourcindo - Indonesia
- Pendopo Energi Batubara - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Krishnapatnam Port Company Ltd. - India
- Tamil Nadu electricity Board
- Deloitte Consulting - India
- San Jose City I Power Corp, Philippines
- GMR Energy Limited - India
- European Bulk Services B.V. - Netherlands
- Bhatia International Limited - India
- GVK Power & Infra Limited - India
- IHS Mccloskey Coal Group - USA
- New Zealand Coal & Carbon
- Kohat Cement Company Ltd. - Pakistan
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- GAC Shipping (India) Pvt Ltd
- Attock Cement Pakistan Limited
- Ministry of Mines - Canada
- Posco Energy - South Korea
- Thai Mozambique Logistica
- Savvy Resources Ltd - HongKong
- Alfred C Toepfer International GmbH - Germany
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- Bharathi Cement Corporation - India
- Mintek Dendrill Indonesia
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- Goldman Sachs - Singapore
- SMC Global Power, Philippines
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- Bayan Resources Tbk. - Indonesia
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