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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, 04 March 14
AUSTRALIA'S NPC TO SHIP 11.85 MMT OF COAL IN MARCH
COALspot.com: In the week ended 3 March 2014, power plant and semi-soft coking coal shipments from the port of Newcastle in Queensland, total 3.15 m ...
Tuesday, 04 March 14
HIGHER PRICES AND STEADY FREIGHT RATES LEAD SHIP OWNERS TO TEMPORARILY HALT SECOND HAND VESSEL PURCHASES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
As the dry bulk market has kept on improving, but at a very slow rate, ship owners have elected to take a step back from the flurry of the S&P m ...
Monday, 03 March 14
SUB-BIT INDONESIA COAL SWAP (FOB) FOR AVERAGE Q115 CLOSED AT $60.28, $ 1.70 HIGHER THAN 2Q14
COALspot.com – Indonesia, the world’s largest exporter of the thermal coal's swaps for delivery April - June 2014 slightly corrected do ...
Monday, 03 March 14
API 8 CFR SOUTH CHINA SWAPS: Q4' 2014 DELIVERY CLOSED US$ 1.40 HIGHER COMPARED TO Q2' 2014 DELIVERY
COALspot.com: API 8 CFR South China Coal swaps for average Q2 14 deliveries lost 1.90 percent month on month and closed at US$ 76.27 per mt as on Fr ...
Monday, 03 March 14
COSTS LIABILITY PASSING DOWN A CHARTERPARTY CHAIN - SKULD
KNOWLEDGE TO ELEVATE
Provided that charterparties are on back to back terms, and the claim is successful, liability for costs incurred shoul ...
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- New Zealand Coal & Carbon
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- Eastern Energy - Thailand
- Oldendorff Carriers - Singapore
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- Bhoruka Overseas - Indonesia
- Medco Energi Mining Internasional
- Sree Jayajothi Cements Limited - India
- Tamil Nadu electricity Board
- Commonwealth Bank - Australia
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- Kumho Petrochemical, South Korea
- Bulk Trading Sa - Switzerland
- Neyveli Lignite Corporation Ltd, - India
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- India Bulls Power Limited - India
- Global Coal Blending Company Limited - Australia
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- Cigading International Bulk Terminal - Indonesia
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- Indian Energy Exchange, India
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- Salva Resources Pvt Ltd - India
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- The University of Queensland
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- Bukit Baiduri Energy - Indonesia
- Banpu Public Company Limited - Thailand
- McConnell Dowell - Australia
- Africa Commodities Group - South Africa
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- Ministry of Transport, Egypt
- AsiaOL BioFuels Corp., Philippines
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- Krishnapatnam Port Company Ltd. - India
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- Straits Asia Resources Limited - Singapore
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- Directorate Of Revenue Intelligence - India
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- Grasim Industreis Ltd - India
- Price Waterhouse Coopers - Russia
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- Toyota Tsusho Corporation, Japan
- Siam City Cement PLC, Thailand
- Marubeni Corporation - India
- Wilmar Investment Holdings
- Mercuria Energy - Indonesia
- Orica Australia Pty. Ltd.
- Ministry of Mines - Canada
- Cement Manufacturers Association - India
- The State Trading Corporation of India Ltd
- Maharashtra Electricity Regulatory Commission - India
- Dalmia Cement Bharat India
- Bharathi Cement Corporation - India
- Chamber of Mines of South Africa
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- Bangladesh Power Developement Board
- The Treasury - Australian Government
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- Aditya Birla Group - India
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- Meralco Power Generation, Philippines
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- Miang Besar Coal Terminal - Indonesia
- Jaiprakash Power Ventures ltd
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- Kalimantan Lumbung Energi - Indonesia
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- Kaltim Prima Coal - Indonesia
- Intertek Mineral Services - Indonesia
- Indika Energy - Indonesia
- Attock Cement Pakistan Limited
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- Globalindo Alam Lestari - Indonesia
- Coastal Gujarat Power Limited - India
- Eastern Coal Council - USA
- Larsen & Toubro Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Romanian Commodities Exchange
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- Kohat Cement Company Ltd. - Pakistan
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- Australian Commodity Traders Exchange
- Indonesian Coal Mining Association
- Power Finance Corporation Ltd., India
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- Uttam Galva Steels Limited - India
- Renaissance Capital - South Africa
- White Energy Company Limited
- Sindya Power Generating Company Private Ltd
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- Ceylon Electricity Board - Sri Lanka
- VISA Power Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Electricity Generating Authority of Thailand
- GMR Energy Limited - India
- Ind-Barath Power Infra Limited - India
- Leighton Contractors Pty Ltd - Australia
- Planning Commission, India
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- Petrochimia International Co. Ltd.- Taiwan
- Metalloyd Limited - United Kingdom
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- IEA Clean Coal Centre - UK
- Standard Chartered Bank - UAE
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Global Business Power Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
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- PTC India Limited - India
- Savvy Resources Ltd - HongKong
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- Wood Mackenzie - Singapore
- Thiess Contractors Indonesia
- Kobexindo Tractors - Indoneisa
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- MS Steel International - UAE
- Global Green Power PLC Corporation, Philippines
- Riau Bara Harum - Indonesia
- Edison Trading Spa - Italy
- Jorong Barutama Greston.PT - Indonesia
- Energy Development Corp, Philippines
- CIMB Investment Bank - Malaysia
- Sojitz Corporation - Japan
- Kepco SPC Power Corporation, Philippines
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- Australian Coal Association
- Alfred C Toepfer International GmbH - Germany
- Meenaskhi Energy Private Limited - India
- European Bulk Services B.V. - Netherlands
- Star Paper Mills Limited - India
- Georgia Ports Authority, United States
- Electricity Authority, New Zealand
- Gujarat Sidhee Cement - India
- Binh Thuan Hamico - Vietnam
- Directorate General of MIneral and Coal - Indonesia
- Central Electricity Authority - India
- South Luzon Thermal Energy Corporation
- Trasteel International SA, Italy
- Malabar Cements Ltd - India
- IHS Mccloskey Coal Group - USA
- Merrill Lynch Commodities Europe
- Singapore Mercantile Exchange
- Baramulti Group, Indonesia
- Xindia Steels Limited - India
- Deloitte Consulting - India
- Kapuas Tunggal Persada - Indonesia
- Kideco Jaya Agung - Indonesia
- Bukit Makmur.PT - Indonesia
- CNBM International Corporation - China
- Sinarmas Energy and Mining - Indonesia
- Mercator Lines Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Ministry of Finance - Indonesia
- Economic Council, Georgia
- Makarim & Taira - Indonesia
- Anglo American - United Kingdom
- Indogreen Group - Indonesia
- Port Waratah Coal Services - Australia
- Karbindo Abesyapradhi - Indoneisa
- ICICI Bank Limited - India
- International Coal Ventures Pvt Ltd - India
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- Bayan Resources Tbk. - Indonesia
- Parliament of New Zealand
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- GN Power Mariveles Coal Plant, Philippines
- Thai Mozambique Logistica
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- Asia Pacific Energy Resources Ventures Inc, Philippines
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