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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, 02 April 14
CHINA: ARBITRATION CLAUSES IN BILLS OF LADING UNDER CHINESE LEGAL PRACTICE - SKULD
KNOWLEDGE TO ELEVATE
Successful incorporation of a charterparty arbitration clause into the bills of lading is not a straight forward matte ...
Wednesday, 02 April 14
BPI BREAKING BELOW THE 1,000 PSYCHOLOGICAL LEVELS - INTERMODAL
Any resistance put forth by the Dry Bulk market the week prior was succumbed this time round. All indices slid and losses were noted across the ...
Tuesday, 01 April 14
NEWCASTLE PORT SHIPPED 11.95 MILLION TONS OF COAL IN MARCH 2014
COALspot.com: In the week ended 31 March 2014, power plant and semi-soft coking coal shipments from the port of Newcastle in Queensland, total 2 ...
Monday, 31 March 14
SHIPPING CONFIDENCE HITS HIGHEST LEVEL SINCE 2008 - MOORE STEPHENS
Overall confidence levels in the shipping industry rose to their highest level for almost six years in the three-month period to February 2014, ...
Monday, 31 March 14
COAL SWAP FOR Q1 2015 DELIVERY HAS CLOSED 4.76% HIGHER COMPARED Q2 14 CLOSING
COALspot.com – Indonesia, the world’s largest exporter of the thermal coal's swaps for delivery April - June 2014 gained this pa ...
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- Marubeni Corporation - India
- The University of Queensland
- Karbindo Abesyapradhi - Indoneisa
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- London Commodity Brokers - England
- Miang Besar Coal Terminal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Parliament of New Zealand
- Cigading International Bulk Terminal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Kideco Jaya Agung - Indonesia
- Bukit Baiduri Energy - Indonesia
- Tata Chemicals Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- TeaM Sual Corporation - Philippines
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- Intertek Mineral Services - Indonesia
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- Xindia Steels Limited - India
- Metalloyd Limited - United Kingdom
- Larsen & Toubro Limited - India
- Bayan Resources Tbk. - Indonesia
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- Salva Resources Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Bharathi Cement Corporation - India
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- SMG Consultants - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Indogreen Group - Indonesia
- Lanco Infratech Ltd - India
- Formosa Plastics Group - Taiwan
- Bhatia International Limited - India
- Edison Trading Spa - Italy
- Makarim & Taira - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Uttam Galva Steels Limited - India
- Altura Mining Limited, Indonesia
- Kapuas Tunggal Persada - Indonesia
- Goldman Sachs - Singapore
- Sindya Power Generating Company Private Ltd
- Carbofer General Trading SA - India
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- IEA Clean Coal Centre - UK
- European Bulk Services B.V. - Netherlands
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- Eastern Energy - Thailand
- Toyota Tsusho Corporation, Japan
- Kumho Petrochemical, South Korea
- CNBM International Corporation - China
- PetroVietnam Power Coal Import and Supply Company
- Barasentosa Lestari - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- ASAPP Information Group - India
- Anglo American - United Kingdom
- Renaissance Capital - South Africa
- Ministry of Mines - Canada
- Africa Commodities Group - South Africa
- Latin American Coal - Colombia
- Directorate General of MIneral and Coal - Indonesia
- Standard Chartered Bank - UAE
- Kepco SPC Power Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- SN Aboitiz Power Inc, Philippines
- Energy Link Ltd, New Zealand
- Posco Energy - South Korea
- Dalmia Cement Bharat India
- Therma Luzon, Inc, Philippines
- Price Waterhouse Coopers - Russia
- Sakthi Sugars Limited - India
- Rio Tinto Coal - Australia
- Kaltim Prima Coal - Indonesia
- GMR Energy Limited - India
- Alfred C Toepfer International GmbH - Germany
- AsiaOL BioFuels Corp., Philippines
- Commonwealth Bank - Australia
- OPG Power Generation Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Straits Asia Resources Limited - Singapore
- Wood Mackenzie - Singapore
- South Luzon Thermal Energy Corporation
- Thiess Contractors Indonesia
- Port Waratah Coal Services - Australia
- Planning Commission, India
- Bulk Trading Sa - Switzerland
- Malabar Cements Ltd - India
- Petron Corporation, Philippines
- GVK Power & Infra Limited - India
- San Jose City I Power Corp, Philippines
- GAC Shipping (India) Pvt Ltd
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- Star Paper Mills Limited - India
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- Coal and Oil Company - UAE
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Meenaskhi Energy Private Limited - India
- Semirara Mining and Power Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- The Treasury - Australian Government
- Directorate Of Revenue Intelligence - India
- Thai Mozambique Logistica
- Medco Energi Mining Internasional
- New Zealand Coal & Carbon
- Pendopo Energi Batubara - Indonesia
- Baramulti Group, Indonesia
- Manunggal Multi Energi - Indonesia
- Tamil Nadu electricity Board
- Minerals Council of Australia
- Meralco Power Generation, Philippines
- Global Business Power Corporation, Philippines
- Ambuja Cements Ltd - India
- CIMB Investment Bank - Malaysia
- Georgia Ports Authority, United States
- Cement Manufacturers Association - India
- Economic Council, Georgia
- Kalimantan Lumbung Energi - Indonesia
- PNOC Exploration Corporation - Philippines
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- ICICI Bank Limited - India
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- Savvy Resources Ltd - HongKong
- Bhoruka Overseas - Indonesia
- Indian Oil Corporation Limited
- Indika Energy - Indonesia
- Mercator Lines Limited - India
- Jorong Barutama Greston.PT - Indonesia
- PTC India Limited - India
- Gujarat Sidhee Cement - India
- Sical Logistics Limited - India
- Gujarat Electricity Regulatory Commission - India
- Holcim Trading Pte Ltd - Singapore
- Central Electricity Authority - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Romanian Commodities Exchange
- Mjunction Services Limited - India
- Indian Energy Exchange, India
- Ministry of Finance - Indonesia
- McConnell Dowell - Australia
- Mintek Dendrill Indonesia
- Eastern Coal Council - USA
- Bukit Makmur.PT - Indonesia
- Sree Jayajothi Cements Limited - India
- Wilmar Investment Holdings
- Sojitz Corporation - Japan
- IHS Mccloskey Coal Group - USA
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Samtan Co., Ltd - South Korea
- Oldendorff Carriers - Singapore
- White Energy Company Limited
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- Iligan Light & Power Inc, Philippines
- Grasim Industreis Ltd - India
- Chamber of Mines of South Africa
- Pipit Mutiara Jaya. PT, Indonesia
- LBH Netherlands Bv - Netherlands
- Central Java Power - Indonesia
- Bhushan Steel Limited - India
- Australian Commodity Traders Exchange
- Offshore Bulk Terminal Pte Ltd, Singapore
- Mercuria Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Jaiprakash Power Ventures ltd
- Global Coal Blending Company Limited - Australia
- Trasteel International SA, Italy
- Petrochimia International Co. Ltd.- Taiwan
- Heidelberg Cement - Germany
- GN Power Mariveles Coal Plant, Philippines
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- Singapore Mercantile Exchange
- Orica Australia Pty. Ltd.
- Energy Development Corp, Philippines
- Attock Cement Pakistan Limited
- Global Green Power PLC Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Riau Bara Harum - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Interocean Group of Companies - India
- Siam City Cement PLC, Thailand
- Electricity Authority, New Zealand
- Electricity Generating Authority of Thailand
- Jindal Steel & Power Ltd - India
- Independent Power Producers Association of India
- Agrawal Coal Company - India
- Rashtriya Ispat Nigam Limited - India
- Karaikal Port Pvt Ltd - India
- Aditya Birla Group - India
- Power Finance Corporation Ltd., India
- SMC Global Power, Philippines
- Kobexindo Tractors - Indoneisa
- Ministry of Transport, Egypt
- MS Steel International - UAE
- Timah Investasi Mineral - Indoneisa
- Australian Coal Association
- Neyveli Lignite Corporation Ltd, - India
- Videocon Industries ltd - India
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