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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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Thursday, 03 January 13
DRY BULK DEMAND TO KEEP RISING IN 2013, DRY BULK SHIP PRICES TO KEEP FALLING SAYS ANALYST - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
In a recent report on the future of the shipping markets, DVB bank said that dry bulk demand is expected to keep on growing in the coming years, mai ...
Wednesday, 02 January 13
NEWCASTLE PORT SHIPPED 23.61 PERCENT MORE COAL W-W
COALspot.com - Newcastle port in Australia has loaded 3,533,183 MT of thermal and coking coal for week ended 0700 hours 31 December 2012, Newc ...
Wednesday, 02 January 13
DRY BULK MARKET TO STAY ELEVATED IN START OF 2013 BUT THE NEW YEAR WILL NOT BE WITHOUT TURBULENCE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
In its regular update on the dry bulk market, BIMCO forecasted, that Capesize time-charter rates are expected to stay elevated in the following six ...
Monday, 31 December 12
KOSEP IS LOOKING FOR 280K MT OF 4600 NCV COAL FOR APRIL - JUNE 2013
COALspot.com : South Korean state-owned utility Korea South-East Power Co., Ltd. (KOSEP), has issued an new tender for prompt supply of 280,00 ...
Monday, 31 December 12
VALE CELEBRATES ARRIVAL OF "VALE SOHAR" BULK CARRIER TO SULTANATE WITH MEMBERS OF COMMUNITY
'Vale Sohar', one of the largest bulk carriers in the world, was welcomed to Oman by members of the North Al Batinah community headed by H.E. Shei ...
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- Metalloyd Limited - United Kingdom
- Economic Council, Georgia
- Jorong Barutama Greston.PT - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Australian Commodity Traders Exchange
- Cement Manufacturers Association - India
- Bhoruka Overseas - Indonesia
- Coastal Gujarat Power Limited - India
- Kaltim Prima Coal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Maheswari Brothers Coal Limited - India
- Indika Energy - Indonesia
- Marubeni Corporation - India
- SMG Consultants - Indonesia
- Mintek Dendrill Indonesia
- Bangladesh Power Developement Board
- Global Business Power Corporation, Philippines
- Xindia Steels Limited - India
- Videocon Industries ltd - India
- The State Trading Corporation of India Ltd
- SN Aboitiz Power Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- IEA Clean Coal Centre - UK
- Alfred C Toepfer International GmbH - Germany
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bayan Resources Tbk. - Indonesia
- Makarim & Taira - Indonesia
- Ind-Barath Power Infra Limited - India
- ASAPP Information Group - India
- Bukit Asam (Persero) Tbk - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- LBH Netherlands Bv - Netherlands
- Rio Tinto Coal - Australia
- Kepco SPC Power Corporation, Philippines
- Sical Logistics Limited - India
- Central Java Power - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Pendopo Energi Batubara - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Petrochimia International Co. Ltd.- Taiwan
- Planning Commission, India
- Semirara Mining Corp, Philippines
- Indian Energy Exchange, India
- Carbofer General Trading SA - India
- Karbindo Abesyapradhi - Indoneisa
- Wilmar Investment Holdings
- The Treasury - Australian Government
- Orica Australia Pty. Ltd.
- Asmin Koalindo Tuhup - Indonesia
- GVK Power & Infra Limited - India
- TeaM Sual Corporation - Philippines
- Global Green Power PLC Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Tata Chemicals Ltd - India
- Sree Jayajothi Cements Limited - India
- Grasim Industreis Ltd - India
- Essar Steel Hazira Ltd - India
- Jindal Steel & Power Ltd - India
- Globalindo Alam Lestari - Indonesia
- Vedanta Resources Plc - India
- Manunggal Multi Energi - Indonesia
- Barasentosa Lestari - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Baramulti Group, Indonesia
- Parliament of New Zealand
- Sinarmas Energy and Mining - Indonesia
- Deloitte Consulting - India
- Samtan Co., Ltd - South Korea
- Edison Trading Spa - Italy
- Holcim Trading Pte Ltd - Singapore
- Bukit Makmur.PT - Indonesia
- Meralco Power Generation, Philippines
- Kumho Petrochemical, South Korea
- Ministry of Transport, Egypt
- Energy Development Corp, Philippines
- Antam Resourcindo - Indonesia
- Dalmia Cement Bharat India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Madhucon Powers Ltd - India
- Karaikal Port Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Indo Tambangraya Megah - Indonesia
- Timah Investasi Mineral - Indoneisa
- Thai Mozambique Logistica
- AsiaOL BioFuels Corp., Philippines
- Commonwealth Bank - Australia
- India Bulls Power Limited - India
- Bukit Baiduri Energy - Indonesia
- Heidelberg Cement - Germany
- Minerals Council of Australia
- Banpu Public Company Limited - Thailand
- Tamil Nadu electricity Board
- Salva Resources Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Toyota Tsusho Corporation, Japan
- Borneo Indobara - Indonesia
- Savvy Resources Ltd - HongKong
- Sarangani Energy Corporation, Philippines
- Electricity Generating Authority of Thailand
- Aboitiz Power Corporation - Philippines
- Price Waterhouse Coopers - Russia
- The University of Queensland
- Gujarat Mineral Development Corp Ltd - India
- Standard Chartered Bank - UAE
- Binh Thuan Hamico - Vietnam
- Intertek Mineral Services - Indonesia
- London Commodity Brokers - England
- Bhushan Steel Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Electricity Authority, New Zealand
- Directorate Of Revenue Intelligence - India
- Indonesian Coal Mining Association
- Malabar Cements Ltd - India
- Medco Energi Mining Internasional
- PNOC Exploration Corporation - Philippines
- MS Steel International - UAE
- Vizag Seaport Private Limited - India
- Gujarat Electricity Regulatory Commission - India
- Sojitz Corporation - Japan
- ICICI Bank Limited - India
- International Coal Ventures Pvt Ltd - India
- Petron Corporation, Philippines
- SMC Global Power, Philippines
- VISA Power Limited - India
- PowerSource Philippines DevCo
- Bhatia International Limited - India
- Power Finance Corporation Ltd., India
- Trasteel International SA, Italy
- Straits Asia Resources Limited - Singapore
- Formosa Plastics Group - Taiwan
- Bharathi Cement Corporation - India
- Leighton Contractors Pty Ltd - Australia
- GMR Energy Limited - India
- Indogreen Group - Indonesia
- Gujarat Sidhee Cement - India
- Wood Mackenzie - Singapore
- Sindya Power Generating Company Private Ltd
- Coal and Oil Company - UAE
- Merrill Lynch Commodities Europe
- Australian Coal Association
- PetroVietnam Power Coal Import and Supply Company
- Aditya Birla Group - India
- Eastern Coal Council - USA
- CNBM International Corporation - China
- Eastern Energy - Thailand
- Orica Mining Services - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Georgia Ports Authority, United States
- GAC Shipping (India) Pvt Ltd
- Iligan Light & Power Inc, Philippines
- Mercator Lines Limited - India
- OPG Power Generation Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Siam City Cement PLC, Thailand
- Siam City Cement - Thailand
- Parry Sugars Refinery, India
- Oldendorff Carriers - Singapore
- Anglo American - United Kingdom
- Bulk Trading Sa - Switzerland
- Indian Oil Corporation Limited
- Ministry of Mines - Canada
- Semirara Mining and Power Corporation, Philippines
- Mercuria Energy - Indonesia
- Thiess Contractors Indonesia
- Larsen & Toubro Limited - India
- IHS Mccloskey Coal Group - USA
- Sakthi Sugars Limited - India
- Interocean Group of Companies - India
- Romanian Commodities Exchange
- Kalimantan Lumbung Energi - Indonesia
- Renaissance Capital - South Africa
- Meenaskhi Energy Private Limited - India
- CIMB Investment Bank - Malaysia
- TNB Fuel Sdn Bhd - Malaysia
- Star Paper Mills Limited - India
- Port Waratah Coal Services - Australia
- Global Coal Blending Company Limited - Australia
- Chettinad Cement Corporation Ltd - India
- Coalindo Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Therma Luzon, Inc, Philippines
- Jaiprakash Power Ventures ltd
- Ambuja Cements Ltd - India
- Lanco Infratech Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- New Zealand Coal & Carbon
- White Energy Company Limited
- Latin American Coal - Colombia
- Altura Mining Limited, Indonesia
- South Luzon Thermal Energy Corporation
- Riau Bara Harum - Indonesia
- Kapuas Tunggal Persada - Indonesia
- McConnell Dowell - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Mjunction Services Limited - India
- Miang Besar Coal Terminal - Indonesia
- San Jose City I Power Corp, Philippines
- Simpson Spence & Young - Indonesia
- Kartika Selabumi Mining - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Attock Cement Pakistan Limited
- Goldman Sachs - Singapore
- Central Electricity Authority - India
- Agrawal Coal Company - India
- PTC India Limited - India
- Rashtriya Ispat Nigam Limited - India
- Kideco Jaya Agung - Indonesia
- Africa Commodities Group - South Africa
- Singapore Mercantile Exchange
- Kobexindo Tractors - Indoneisa
- Energy Link Ltd, New Zealand
- Independent Power Producers Association of India
- Chamber of Mines of South Africa
- Posco Energy - South Korea
- Ministry of Finance - Indonesia
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