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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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Sunday, 02 March 14
THE FREIGHT MARKET WAS STEADY TO FIRM THIS PAST WEEK - CAPT. REDDY
COALspot.com: The freight market was steady to firm this past week. The BDI was up 7.06 pct and closed at 1258 points and the cape index was also fi ...
Friday, 28 February 14
PTBA TO INCREASE ITS COAL TERMINAL'S LOADING CAPACITY TO 25 MILLION TONS PER ANNUM BY JULY 2014
COALspot.com: PT. Bukit Asam (PTBA), the Indonesian government owned coal miner operates several coal mining units in Sumatera as well as in Kaliman ...
Friday, 28 February 14
U.S PRODUCED 1.9% LESS COAL WEEK ON WEEK
COALspot.com – United States the world’s second largest coal producer, produced approximately 18.8 million short tons (mmst) of coal in ...
Friday, 28 February 14
DRY BULK MARKET SLOWLY BUT STEADILY FINDS ITS FOOTING - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market, hit by the low seasonal demand which is a typical characteristic of the first quarter of each year, is beginning to emerge from ...
Thursday, 27 February 14
PANAMAX : MARKET CONTINUED TO DECLINE IN THE ATLANTIC
Handy
The Atlantic handy/supra market experienced a downward trend this week but not a dramatic one. TA rates are down around USD 800 w-o-w lead b ...
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Showing 3826 to 3830 news of total 6871 |
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- Sinarmas Energy and Mining - Indonesia
- GVK Power & Infra Limited - India
- Siam City Cement - Thailand
- Bukit Baiduri Energy - Indonesia
- Bharathi Cement Corporation - India
- Ministry of Mines - Canada
- Pendopo Energi Batubara - Indonesia
- CNBM International Corporation - China
- Asmin Koalindo Tuhup - Indonesia
- Wilmar Investment Holdings
- London Commodity Brokers - England
- Jorong Barutama Greston.PT - Indonesia
- Bulk Trading Sa - Switzerland
- Indo Tambangraya Megah - Indonesia
- Thiess Contractors Indonesia
- PTC India Limited - India
- Cigading International Bulk Terminal - Indonesia
- Heidelberg Cement - Germany
- TNB Fuel Sdn Bhd - Malaysia
- Cement Manufacturers Association - India
- Aboitiz Power Corporation - Philippines
- Gujarat Mineral Development Corp Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Deloitte Consulting - India
- Australian Coal Association
- ICICI Bank Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- International Coal Ventures Pvt Ltd - India
- Marubeni Corporation - India
- Baramulti Group, Indonesia
- Sindya Power Generating Company Private Ltd
- Essar Steel Hazira Ltd - India
- The University of Queensland
- Karaikal Port Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Makarim & Taira - Indonesia
- Ministry of Transport, Egypt
- Larsen & Toubro Limited - India
- Kapuas Tunggal Persada - Indonesia
- Economic Council, Georgia
- Maharashtra Electricity Regulatory Commission - India
- Mintek Dendrill Indonesia
- Lanco Infratech Ltd - India
- GAC Shipping (India) Pvt Ltd
- Energy Development Corp, Philippines
- Renaissance Capital - South Africa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Global Green Power PLC Corporation, Philippines
- Indogreen Group - Indonesia
- Dalmia Cement Bharat India
- Carbofer General Trading SA - India
- Karbindo Abesyapradhi - Indoneisa
- Petrochimia International Co. Ltd.- Taiwan
- Kaltim Prima Coal - Indonesia
- Videocon Industries ltd - India
- Price Waterhouse Coopers - Russia
- Madhucon Powers Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Meenaskhi Energy Private Limited - India
- LBH Netherlands Bv - Netherlands
- Bank of Tokyo Mitsubishi UFJ Ltd
- Standard Chartered Bank - UAE
- Independent Power Producers Association of India
- Latin American Coal - Colombia
- Vedanta Resources Plc - India
- Anglo American - United Kingdom
- PetroVietnam Power Coal Import and Supply Company
- Coastal Gujarat Power Limited - India
- Malabar Cements Ltd - India
- Binh Thuan Hamico - Vietnam
- Oldendorff Carriers - Singapore
- McConnell Dowell - Australia
- PowerSource Philippines DevCo
- Directorate Of Revenue Intelligence - India
- Formosa Plastics Group - Taiwan
- Eastern Coal Council - USA
- IHS Mccloskey Coal Group - USA
- Jaiprakash Power Ventures ltd
- Indian Oil Corporation Limited
- Bhushan Steel Limited - India
- VISA Power Limited - India
- SMC Global Power, Philippines
- Kideco Jaya Agung - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Metalloyd Limited - United Kingdom
- Samtan Co., Ltd - South Korea
- Holcim Trading Pte Ltd - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Ceylon Electricity Board - Sri Lanka
- ASAPP Information Group - India
- Coalindo Energy - Indonesia
- Posco Energy - South Korea
- SN Aboitiz Power Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- Attock Cement Pakistan Limited
- Mjunction Services Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Semirara Mining and Power Corporation, Philippines
- Petron Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Sical Logistics Limited - India
- PNOC Exploration Corporation - Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Sree Jayajothi Cements Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Intertek Mineral Services - Indonesia
- Chettinad Cement Corporation Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- AsiaOL BioFuels Corp., Philippines
- Mercator Lines Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ministry of Finance - Indonesia
- Salva Resources Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Sojitz Corporation - Japan
- Timah Investasi Mineral - Indoneisa
- Thai Mozambique Logistica
- Sarangani Energy Corporation, Philippines
- Orica Mining Services - Indonesia
- Singapore Mercantile Exchange
- San Jose City I Power Corp, Philippines
- New Zealand Coal & Carbon
- Medco Energi Mining Internasional
- GMR Energy Limited - India
- Antam Resourcindo - Indonesia
- Wood Mackenzie - Singapore
- Ind-Barath Power Infra Limited - India
- Planning Commission, India
- Siam City Cement PLC, Thailand
- Barasentosa Lestari - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Bhatia International Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mercuria Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Therma Luzon, Inc, Philippines
- Merrill Lynch Commodities Europe
- Indika Energy - Indonesia
- Orica Australia Pty. Ltd.
- Bangladesh Power Developement Board
- Ambuja Cements Ltd - India
- Central Java Power - Indonesia
- Kartika Selabumi Mining - Indonesia
- Indonesian Coal Mining Association
- Globalindo Alam Lestari - Indonesia
- Kobexindo Tractors - Indoneisa
- SMG Consultants - Indonesia
- Power Finance Corporation Ltd., India
- Port Waratah Coal Services - Australia
- Minerals Council of Australia
- White Energy Company Limited
- Semirara Mining Corp, Philippines
- Australian Commodity Traders Exchange
- Uttam Galva Steels Limited - India
- Tamil Nadu electricity Board
- Agrawal Coal Company - India
- GN Power Mariveles Coal Plant, Philippines
- Aditya Birla Group - India
- MS Steel International - UAE
- Coal and Oil Company - UAE
- Sakthi Sugars Limited - India
- Leighton Contractors Pty Ltd - Australia
- Central Electricity Authority - India
- Kumho Petrochemical, South Korea
- Altura Mining Limited, Indonesia
- Interocean Group of Companies - India
- Manunggal Multi Energi - Indonesia
- Iligan Light & Power Inc, Philippines
- Goldman Sachs - Singapore
- Bhoruka Overseas - Indonesia
- Straits Asia Resources Limited - Singapore
- Maheswari Brothers Coal Limited - India
- Romanian Commodities Exchange
- Gujarat Sidhee Cement - India
- Electricity Generating Authority of Thailand
- Indian Energy Exchange, India
- IEA Clean Coal Centre - UK
- Toyota Tsusho Corporation, Japan
- India Bulls Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Edison Trading Spa - Italy
- Grasim Industreis Ltd - India
- Global Coal Blending Company Limited - Australia
- The Treasury - Australian Government
- OPG Power Generation Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Global Business Power Corporation, Philippines
- Chamber of Mines of South Africa
- Jindal Steel & Power Ltd - India
- Tata Chemicals Ltd - India
- Gujarat Electricity Regulatory Commission - India
- TeaM Sual Corporation - Philippines
- Star Paper Mills Limited - India
- Rio Tinto Coal - Australia
- Electricity Authority, New Zealand
- Meralco Power Generation, Philippines
- Trasteel International SA, Italy
- Savvy Resources Ltd - HongKong
- Rashtriya Ispat Nigam Limited - India
- Borneo Indobara - Indonesia
- Banpu Public Company Limited - Thailand
- The State Trading Corporation of India Ltd
- Eastern Energy - Thailand
- Xindia Steels Limited - India
- European Bulk Services B.V. - Netherlands
- Georgia Ports Authority, United States
- Bukit Makmur.PT - Indonesia
- Africa Commodities Group - South Africa
- Parliament of New Zealand
- Simpson Spence & Young - Indonesia
- Commonwealth Bank - Australia
- Bayan Resources Tbk. - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Vizag Seaport Private Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Parry Sugars Refinery, India
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