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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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Friday, 02 February 24
DRY BULK MARKET: THE DOWNWARD REVISION IN THE GROWTH OF CAPESIZE TONNE DAYS IN JANUARY WITH THE BCI DROPPING - MARIA BERTZELETOU
In the last week of January, the dry freight market sustained weakness in the Capesize segment, while the number of ballasters in the Southeast (SE ...
Friday, 02 February 24
COAL INDIA ACHIEVES NEARLY 80% OF ITS FY24 PRODUCTION TARGET IN TEN MONTHS - CNBCTV18
For the month of January, the company’s production grew by 9.1% from the same period last year to 78.4 Million Tonnes (MT), from 71.9 MT last ...
Thursday, 01 February 24
CHINA'S WIND, SOLAR CAPACITY TO OVERTAKE COAL IN 2024 - INDUSTRY BODY, REUTERS REPORTED
China’s installed wind and solar capacity is expected to overtake coal for the first time this year, according to industry forecasts.
&nb ...
Thursday, 01 February 24
ANTI-DEDUCTION CLAUSES: CAN A CHARTERER WITHHOLD HIRE WITHOUT AN OWNER'S CONSENT? - SKULD
KNOWLEDGE TO ELEVATE
Summary
In The Anna Dorothea, the Court found that where a charterparty provides that no deduction from hire may be m ...
Thursday, 01 February 24
INDIA REBUILDS COAL STOCKS TO ENSURE ELECTRIC RELIABILITY - REUTERS
India’s electricity supply is much more comfortable at the start of 2024 than in either 2023 or 2022 as coal production has ramped up and the ...
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- Minerals Council of Australia
- Borneo Indobara - Indonesia
- Oldendorff Carriers - Singapore
- Indian Energy Exchange, India
- Vedanta Resources Plc - India
- Electricity Authority, New Zealand
- Gujarat Mineral Development Corp Ltd - India
- Maheswari Brothers Coal Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- The University of Queensland
- Neyveli Lignite Corporation Ltd, - India
- White Energy Company Limited
- Billiton Holdings Pty Ltd - Australia
- SMC Global Power, Philippines
- Tata Chemicals Ltd - India
- India Bulls Power Limited - India
- Indogreen Group - Indonesia
- Commonwealth Bank - Australia
- Eastern Coal Council - USA
- Thiess Contractors Indonesia
- Energy Link Ltd, New Zealand
- Jaiprakash Power Ventures ltd
- Metalloyd Limited - United Kingdom
- New Zealand Coal & Carbon
- Ambuja Cements Ltd - India
- Sree Jayajothi Cements Limited - India
- Independent Power Producers Association of India
- Kaltim Prima Coal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Chamber of Mines of South Africa
- Deloitte Consulting - India
- Banpu Public Company Limited - Thailand
- Bhoruka Overseas - Indonesia
- Essar Steel Hazira Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Price Waterhouse Coopers - Russia
- Rio Tinto Coal - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Bhatia International Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Central Electricity Authority - India
- Jindal Steel & Power Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Holcim Trading Pte Ltd - Singapore
- South Luzon Thermal Energy Corporation
- Orica Australia Pty. Ltd.
- GVK Power & Infra Limited - India
- PowerSource Philippines DevCo
- Bhushan Steel Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Kobexindo Tractors - Indoneisa
- Central Java Power - Indonesia
- London Commodity Brokers - England
- Cigading International Bulk Terminal - Indonesia
- Bangladesh Power Developement Board
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Malabar Cements Ltd - India
- European Bulk Services B.V. - Netherlands
- Power Finance Corporation Ltd., India
- Siam City Cement PLC, Thailand
- Kumho Petrochemical, South Korea
- Meralco Power Generation, Philippines
- Tamil Nadu electricity Board
- Madhucon Powers Ltd - India
- Global Coal Blending Company Limited - Australia
- Semirara Mining Corp, Philippines
- Goldman Sachs - Singapore
- Mercator Lines Limited - India
- Lanco Infratech Ltd - India
- Sarangani Energy Corporation, Philippines
- Eastern Energy - Thailand
- Gujarat Electricity Regulatory Commission - India
- Sojitz Corporation - Japan
- Carbofer General Trading SA - India
- Gujarat Sidhee Cement - India
- GAC Shipping (India) Pvt Ltd
- Mintek Dendrill Indonesia
- Therma Luzon, Inc, Philippines
- Edison Trading Spa - Italy
- Ind-Barath Power Infra Limited - India
- Planning Commission, India
- Meenaskhi Energy Private Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Uttam Galva Steels Limited - India
- Karaikal Port Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- TeaM Sual Corporation - Philippines
- Renaissance Capital - South Africa
- LBH Netherlands Bv - Netherlands
- Kideco Jaya Agung - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Salva Resources Pvt Ltd - India
- Mjunction Services Limited - India
- Ministry of Finance - Indonesia
- ASAPP Information Group - India
- VISA Power Limited - India
- Timah Investasi Mineral - Indoneisa
- PetroVietnam Power Coal Import and Supply Company
- Sindya Power Generating Company Private Ltd
- Miang Besar Coal Terminal - Indonesia
- Riau Bara Harum - Indonesia
- CIMB Investment Bank - Malaysia
- Kartika Selabumi Mining - Indonesia
- ICICI Bank Limited - India
- Simpson Spence & Young - Indonesia
- Antam Resourcindo - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Georgia Ports Authority, United States
- SN Aboitiz Power Inc, Philippines
- Coal and Oil Company - UAE
- Dalmia Cement Bharat India
- Energy Development Corp, Philippines
- Samtan Co., Ltd - South Korea
- Electricity Generating Authority of Thailand
- International Coal Ventures Pvt Ltd - India
- PTC India Limited - India
- Straits Asia Resources Limited - Singapore
- Altura Mining Limited, Indonesia
- Vizag Seaport Private Limited - India
- Semirara Mining and Power Corporation, Philippines
- Siam City Cement - Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Grasim Industreis Ltd - India
- McConnell Dowell - Australia
- Parliament of New Zealand
- Ministry of Transport, Egypt
- Interocean Group of Companies - India
- San Jose City I Power Corp, Philippines
- Singapore Mercantile Exchange
- Asmin Koalindo Tuhup - Indonesia
- Pendopo Energi Batubara - Indonesia
- Sakthi Sugars Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Parry Sugars Refinery, India
- GMR Energy Limited - India
- Coalindo Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Savvy Resources Ltd - HongKong
- The State Trading Corporation of India Ltd
- Global Green Power PLC Corporation, Philippines
- Australian Commodity Traders Exchange
- Petrochimia International Co. Ltd.- Taiwan
- Coastal Gujarat Power Limited - India
- Latin American Coal - Colombia
- MS Steel International - UAE
- Ceylon Electricity Board - Sri Lanka
- IEA Clean Coal Centre - UK
- Posco Energy - South Korea
- Australian Coal Association
- Anglo American - United Kingdom
- Manunggal Multi Energi - Indonesia
- Africa Commodities Group - South Africa
- Karbindo Abesyapradhi - Indoneisa
- Kapuas Tunggal Persada - Indonesia
- Standard Chartered Bank - UAE
- Romanian Commodities Exchange
- Trasteel International SA, Italy
- Star Paper Mills Limited - India
- Bukit Makmur.PT - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Port Waratah Coal Services - Australia
- Binh Thuan Hamico - Vietnam
- Indonesian Coal Mining Association
- Global Business Power Corporation, Philippines
- Petron Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Intertek Mineral Services - Indonesia
- Economic Council, Georgia
- AsiaOL BioFuels Corp., Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indo Tambangraya Megah - Indonesia
- Heidelberg Cement - Germany
- Barasentosa Lestari - Indonesia
- OPG Power Generation Pvt Ltd - India
- Sical Logistics Limited - India
- Cement Manufacturers Association - India
- Kepco SPC Power Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Medco Energi Mining Internasional
- Agrawal Coal Company - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Merrill Lynch Commodities Europe
- Makarim & Taira - Indonesia
- The Treasury - Australian Government
- Larsen & Toubro Limited - India
- Iligan Light & Power Inc, Philippines
- Wood Mackenzie - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Baramulti Group, Indonesia
- PNOC Exploration Corporation - Philippines
- Toyota Tsusho Corporation, Japan
- Videocon Industries ltd - India
- Attock Cement Pakistan Limited
- CNBM International Corporation - China
- Alfred C Toepfer International GmbH - Germany
- Bharathi Cement Corporation - India
- Ministry of Mines - Canada
- Indika Energy - Indonesia
- Wilmar Investment Holdings
- IHS Mccloskey Coal Group - USA
- Orica Mining Services - Indonesia
- Chettinad Cement Corporation Ltd - India
- Aditya Birla Group - India
- Bulk Trading Sa - Switzerland
- Thai Mozambique Logistica
- Directorate Of Revenue Intelligence - India
- Kalimantan Lumbung Energi - Indonesia
- Mercuria Energy - Indonesia
- Indian Oil Corporation Limited
- SMG Consultants - Indonesia
- Aboitiz Power Corporation - Philippines
- Xindia Steels Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Marubeni Corporation - India
- TNB Fuel Sdn Bhd - Malaysia
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