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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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Monday, 10 September 12
TNPL, AN INDIAN PAPER MAKER IS SEEKING FOR 300K MT OF IMPORTED NON-COKING COAL
COALspot.com - Tamil Nadu Newsprint & Papers Ltd. , an Indian paper maker, is seeking 300,000 metric tons ± 5% (In 6 Shipments about 50,0 ...
Monday, 10 September 12
DRY BULK MARKET SLOWLY BUT SURELY REACHING CRITICAL STATUS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The radical consequences of the shifts in dry bulk demand and prices, especially for the most sought after commodity, concerning the industry, i.e. ...
Monday, 10 September 12
ORPHEUS ENERGY SECURES INDONESIAN COAL TRADING LICENSE
COALspot.com - Indonesian coal producer, Orpheus Energy (ASX:OEG) has announced today that the Indonesian Ministry of Energy and Mineral Resources h ...
Monday, 10 September 12
A SNAPSHOT ON THE ECONOMIC AND SHIPPING ENVIRONMENT - GOLDEN DESTINY / HELLENIC SHIPPING
The European Central Bank left its interest rate unchanged at 0.75% focusing on pushing down borrowing costs in troubled economies, Spain and Italy. ...
Sunday, 09 September 12
H213 SUB-BIT FOB INDONESIA COAL SWAPS ARE TRADING HIGHER
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for October 2012 delivery lost 0.14 percent W-O-W on 7 September 2012, Friday closing but gained ...
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- Offshore Bulk Terminal Pte Ltd, Singapore
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- Indian Energy Exchange, India
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- Makarim & Taira - Indonesia
- Global Business Power Corporation, Philippines
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- Star Paper Mills Limited - India
- Directorate Of Revenue Intelligence - India
- Goldman Sachs - Singapore
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- Commonwealth Bank - Australia
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- Thai Mozambique Logistica
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- Lanco Infratech Ltd - India
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- IHS Mccloskey Coal Group - USA
- Electricity Authority, New Zealand
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- Planning Commission, India
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- TNB Fuel Sdn Bhd - Malaysia
- Marubeni Corporation - India
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- Kapuas Tunggal Persada - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- SN Aboitiz Power Inc, Philippines
- Mjunction Services Limited - India
- Global Coal Blending Company Limited - Australia
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- Manunggal Multi Energi - Indonesia
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- Sinarmas Energy and Mining - Indonesia
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- Semirara Mining Corp, Philippines
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- London Commodity Brokers - England
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- ICICI Bank Limited - India
- The University of Queensland
- Price Waterhouse Coopers - Russia
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- Indian Oil Corporation Limited
- MS Steel International - UAE
- PetroVietnam Power Coal Import and Supply Company
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- Kideco Jaya Agung - Indonesia
- IEA Clean Coal Centre - UK
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- Africa Commodities Group - South Africa
- Timah Investasi Mineral - Indoneisa
- Globalindo Alam Lestari - Indonesia
- Binh Thuan Hamico - Vietnam
- Indo Tambangraya Megah - Indonesia
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- Jindal Steel & Power Ltd - India
- Bhushan Steel Limited - India
- Australian Coal Association
- Kalimantan Lumbung Energi - Indonesia
- Carbofer General Trading SA - India
- Cigading International Bulk Terminal - Indonesia
- Riau Bara Harum - Indonesia
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- Salva Resources Pvt Ltd - India
- Metalloyd Limited - United Kingdom
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- Holcim Trading Pte Ltd - Singapore
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- SMC Global Power, Philippines
- The State Trading Corporation of India Ltd
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- The Treasury - Australian Government
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- Uttam Galva Steels Limited - India
- SMG Consultants - Indonesia
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- Baramulti Group, Indonesia
- Ambuja Cements Ltd - India
- Posco Energy - South Korea
- Renaissance Capital - South Africa
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- Sical Logistics Limited - India
- Thiess Contractors Indonesia
- Borneo Indobara - Indonesia
- Heidelberg Cement - Germany
- Aboitiz Power Corporation - Philippines
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- Edison Trading Spa - Italy
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Port Waratah Coal Services - Australia
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
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- Energy Link Ltd, New Zealand
- Gujarat Mineral Development Corp Ltd - India
- Standard Chartered Bank - UAE
- Minerals Council of Australia
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- Ind-Barath Power Infra Limited - India
- PTC India Limited - India
- Leighton Contractors Pty Ltd - Australia
- GN Power Mariveles Coal Plant, Philippines
- Gujarat Electricity Regulatory Commission - India
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- Alfred C Toepfer International GmbH - Germany
- Jaiprakash Power Ventures ltd
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- LBH Netherlands Bv - Netherlands
- Independent Power Producers Association of India
- Aditya Birla Group - India
- TeaM Sual Corporation - Philippines
- Anglo American - United Kingdom
- Agrawal Coal Company - India
- Electricity Generating Authority of Thailand
- Vizag Seaport Private Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Latin American Coal - Colombia
- Bhoruka Overseas - Indonesia
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- Intertek Mineral Services - Indonesia
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- White Energy Company Limited
- Bharathi Cement Corporation - India
- Formosa Plastics Group - Taiwan
- Georgia Ports Authority, United States
- Singapore Mercantile Exchange
- Wood Mackenzie - Singapore
- Mercator Lines Limited - India
- Jorong Barutama Greston.PT - Indonesia
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- Merrill Lynch Commodities Europe
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- Trasteel International SA, Italy
- GVK Power & Infra Limited - India
- Eastern Coal Council - USA
- Global Green Power PLC Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Australian Commodity Traders Exchange
- Sindya Power Generating Company Private Ltd
- Parliament of New Zealand
- Bulk Trading Sa - Switzerland
- OPG Power Generation Pvt Ltd - India
- Indika Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
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- Orica Mining Services - Indonesia
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- Chamber of Mines of South Africa
- International Coal Ventures Pvt Ltd - India
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