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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 October 21
CHINA'S COAL-RICH SHANXI BEEFS UP COAL PRODUCTION - XINHUA
Major coal producers in north China’s Shanxi Province, a leading coal-producing region of the country, have beefed up production to ensure en ...
Tuesday, 26 October 21
ENERGY CRISIS SHOWS COAL IS AN EXPENSIVE AND UNRELIABLE SOURCE OF ELECTRICITY GENERATION - IEEFA
Any knee-jerk reaction that urges more investment in coal completely misses the point
India is teetering on the brink of joining a growing glo ...
Tuesday, 26 October 21
CHINA TO INVESTIGATE ENERGY INDEX PROVIDERS IN BID TO TAME COAL PRICES - REUTERS
China said on Monday it will investigate energy price index providers as it urged coal industry participants to “strictly” meet contrac ...
Tuesday, 26 October 21
THERE IS PLENTY OF COAL AND GAS IN THE WORLD BUT A VOLATILE MARKET IS NOBODY'S FRIEND - IEEFA
Gas will be winding its way out of the energy system
Gas prices are continuing to surge around the world. The cost of gas is at unpr ...
Tuesday, 26 October 21
AUSTRALIA EXPORTED 51.6 MLN TONNES OF COAL TO INDIA IN FIRST 10 MONTHS, 19% OF ALL AUSTRALIAN COAL EXPORTS; CHINA WAS THE DESTINATION FOR JUST 0.7% - BANCHERO COSTA
2020 proved to be a truly terrible year for global seaborne coal trade. In 2021 things started pretty badly, but we are seeing increasing signs of ...
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- Alfred C Toepfer International GmbH - Germany
- Borneo Indobara - Indonesia
- Kaltim Prima Coal - Indonesia
- Gujarat Sidhee Cement - India
- Baramulti Group, Indonesia
- Port Waratah Coal Services - Australia
- Planning Commission, India
- Rashtriya Ispat Nigam Limited - India
- Holcim Trading Pte Ltd - Singapore
- Standard Chartered Bank - UAE
- Mjunction Services Limited - India
- Bangladesh Power Developement Board
- Iligan Light & Power Inc, Philippines
- Tamil Nadu electricity Board
- Tata Chemicals Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Ind-Barath Power Infra Limited - India
- Ceylon Electricity Board - Sri Lanka
- Petron Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Singapore Mercantile Exchange
- Meralco Power Generation, Philippines
- Madhucon Powers Ltd - India
- Sojitz Corporation - Japan
- Therma Luzon, Inc, Philippines
- Coastal Gujarat Power Limited - India
- Vedanta Resources Plc - India
- Uttam Galva Steels Limited - India
- The University of Queensland
- Karbindo Abesyapradhi - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- Riau Bara Harum - Indonesia
- Cigading International Bulk Terminal - Indonesia
- SMG Consultants - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Altura Mining Limited, Indonesia
- Pendopo Energi Batubara - Indonesia
- Simpson Spence & Young - Indonesia
- Videocon Industries ltd - India
- Goldman Sachs - Singapore
- Orica Mining Services - Indonesia
- Xindia Steels Limited - India
- Globalindo Alam Lestari - Indonesia
- Bhushan Steel Limited - India
- Meenaskhi Energy Private Limited - India
- LBH Netherlands Bv - Netherlands
- Neyveli Lignite Corporation Ltd, - India
- PTC India Limited - India
- Electricity Authority, New Zealand
- Siam City Cement PLC, Thailand
- New Zealand Coal & Carbon
- Sical Logistics Limited - India
- Jaiprakash Power Ventures ltd
- Parry Sugars Refinery, India
- CNBM International Corporation - China
- Bharathi Cement Corporation - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ministry of Finance - Indonesia
- ICICI Bank Limited - India
- Energy Link Ltd, New Zealand
- TeaM Sual Corporation - Philippines
- Semirara Mining and Power Corporation, Philippines
- Economic Council, Georgia
- Wilmar Investment Holdings
- Siam City Cement - Thailand
- SMC Global Power, Philippines
- Savvy Resources Ltd - HongKong
- Lanco Infratech Ltd - India
- White Energy Company Limited
- PetroVietnam Power Coal Import and Supply Company
- Mercuria Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- Maheswari Brothers Coal Limited - India
- Agrawal Coal Company - India
- Petrochimia International Co. Ltd.- Taiwan
- Sinarmas Energy and Mining - Indonesia
- Intertek Mineral Services - Indonesia
- Metalloyd Limited - United Kingdom
- Ministry of Mines - Canada
- Kalimantan Lumbung Energi - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Antam Resourcindo - Indonesia
- Indogreen Group - Indonesia
- Sarangani Energy Corporation, Philippines
- Edison Trading Spa - Italy
- Romanian Commodities Exchange
- McConnell Dowell - Australia
- Samtan Co., Ltd - South Korea
- Jorong Barutama Greston.PT - Indonesia
- Indonesian Coal Mining Association
- Deloitte Consulting - India
- Trasteel International SA, Italy
- IEA Clean Coal Centre - UK
- Indo Tambangraya Megah - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Malabar Cements Ltd - India
- Georgia Ports Authority, United States
- Eastern Coal Council - USA
- Global Green Power PLC Corporation, Philippines
- Latin American Coal - Colombia
- Sree Jayajothi Cements Limited - India
- VISA Power Limited - India
- Australian Commodity Traders Exchange
- SN Aboitiz Power Inc, Philippines
- London Commodity Brokers - England
- Sakthi Sugars Limited - India
- Power Finance Corporation Ltd., India
- Sindya Power Generating Company Private Ltd
- Indian Oil Corporation Limited
- Karaikal Port Pvt Ltd - India
- Global Business Power Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Posco Energy - South Korea
- Kobexindo Tractors - Indoneisa
- Chettinad Cement Corporation Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Mintek Dendrill Indonesia
- IHS Mccloskey Coal Group - USA
- Attock Cement Pakistan Limited
- Jindal Steel & Power Ltd - India
- The Treasury - Australian Government
- Chamber of Mines of South Africa
- ASAPP Information Group - India
- Parliament of New Zealand
- Gujarat Mineral Development Corp Ltd - India
- GMR Energy Limited - India
- Essar Steel Hazira Ltd - India
- Rio Tinto Coal - Australia
- Grasim Industreis Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Bhoruka Overseas - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Kohat Cement Company Ltd. - Pakistan
- Wood Mackenzie - Singapore
- Price Waterhouse Coopers - Russia
- Bhatia International Limited - India
- Minerals Council of Australia
- Makarim & Taira - Indonesia
- MS Steel International - UAE
- Oldendorff Carriers - Singapore
- San Jose City I Power Corp, Philippines
- Aboitiz Power Corporation - Philippines
- International Coal Ventures Pvt Ltd - India
- Central Electricity Authority - India
- Bayan Resources Tbk. - Indonesia
- Anglo American - United Kingdom
- Interocean Group of Companies - India
- Eastern Energy - Thailand
- Toyota Tsusho Corporation, Japan
- TNB Fuel Sdn Bhd - Malaysia
- Carbofer General Trading SA - India
- Manunggal Multi Energi - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Aditya Birla Group - India
- GN Power Mariveles Coal Plant, Philippines
- India Bulls Power Limited - India
- Energy Development Corp, Philippines
- GAC Shipping (India) Pvt Ltd
- Banpu Public Company Limited - Thailand
- Ambuja Cements Ltd - India
- Thai Mozambique Logistica
- Vizag Seaport Private Limited - India
- Bulk Trading Sa - Switzerland
- Indika Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Semirara Mining Corp, Philippines
- Mercator Lines Limited - India
- Directorate Of Revenue Intelligence - India
- Formosa Plastics Group - Taiwan
- Coalindo Energy - Indonesia
- Coal and Oil Company - UAE
- Heidelberg Cement - Germany
- South Luzon Thermal Energy Corporation
- Global Coal Blending Company Limited - Australia
- GVK Power & Infra Limited - India
- Central Java Power - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Cement Manufacturers Association - India
- Kumho Petrochemical, South Korea
- Marubeni Corporation - India
- Kideco Jaya Agung - Indonesia
- Straits Asia Resources Limited - Singapore
- Indian Energy Exchange, India
- Electricity Generating Authority of Thailand
- Bukit Makmur.PT - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Africa Commodities Group - South Africa
- Independent Power Producers Association of India
- Australian Coal Association
- Timah Investasi Mineral - Indoneisa
- Medco Energi Mining Internasional
- The State Trading Corporation of India Ltd
- CIMB Investment Bank - Malaysia
- Thiess Contractors Indonesia
- Orica Australia Pty. Ltd.
- Kartika Selabumi Mining - Indonesia
- Renaissance Capital - South Africa
- Dalmia Cement Bharat India
- Kepco SPC Power Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ministry of Transport, Egypt
- Salva Resources Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Commonwealth Bank - Australia
- Merrill Lynch Commodities Europe
- OPG Power Generation Pvt Ltd - India
- Larsen & Toubro Limited - India
- Krishnapatnam Port Company Ltd. - India
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Barasentosa Lestari - Indonesia
- PowerSource Philippines DevCo
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