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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, 22 June 12
GLOBAL ACTION NEEDED ON ENERGY POVERTY - WORLD COAL
Eradicating energy poverty is possibly the biggest challenge facing the world today. Like climate change it can only be addressed with a concerted g ...
Friday, 22 June 12
COAL: THE BACKBONE OF MODERN ELECTRICITY - ECOAL
Coal has been described as the "forgotten fuel," perhaps because many aren't aware of the huge role it plays in powering the global econo ...
Thursday, 21 June 12
DRY BULK MARKET ON THE RISE AGAIN - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market was on the rise once again yesterday, with the Baltic Dry Index (BDI), the industry’s benchmark, rising by 18 points, or 1 ...
Wednesday, 20 June 12
BDI MOVING HIGHER, PANAMAX AND SUPRAMAX VESSELS STRONGER, CAPESIZE RATES NEAR TO HISTORICAL LOWS OF DECEMBER 2008 - MARIA BERTZELETOU, HELLENIC SHIPPING
The dry market seems to follow the dynamic of the previous week with the Baltic Dry Index showing daily increases since June 8th, but is still stand ...
Tuesday, 19 June 12
SMALLER DRY BULK CARRIERS LIFT UP MARKET, PANAMAXES SET TO FALL SAYS ANALYST - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Another rise for the dry bulk market was evident yesterday, as the industry’s benchmark, the BDI (Baltic Dry Index) was up for a ninth straigh ...
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- Eastern Coal Council - USA
- Sarangani Energy Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Kumho Petrochemical, South Korea
- Gujarat Electricity Regulatory Commission - India
- Medco Energi Mining Internasional
- Billiton Holdings Pty Ltd - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Metalloyd Limited - United Kingdom
- Manunggal Multi Energi - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Sical Logistics Limited - India
- Miang Besar Coal Terminal - Indonesia
- Straits Asia Resources Limited - Singapore
- Merrill Lynch Commodities Europe
- PTC India Limited - India
- Orica Mining Services - Indonesia
- Kideco Jaya Agung - Indonesia
- Global Coal Blending Company Limited - Australia
- Mercuria Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- India Bulls Power Limited - India
- London Commodity Brokers - England
- Grasim Industreis Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Jaiprakash Power Ventures ltd
- Romanian Commodities Exchange
- IHS Mccloskey Coal Group - USA
- Rio Tinto Coal - Australia
- Australian Coal Association
- Videocon Industries ltd - India
- Coalindo Energy - Indonesia
- Interocean Group of Companies - India
- Makarim & Taira - Indonesia
- Power Finance Corporation Ltd., India
- Cement Manufacturers Association - India
- Vedanta Resources Plc - India
- Simpson Spence & Young - Indonesia
- Chettinad Cement Corporation Ltd - India
- Wood Mackenzie - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Directorate General of MIneral and Coal - Indonesia
- Star Paper Mills Limited - India
- Aboitiz Power Corporation - Philippines
- Attock Cement Pakistan Limited
- Karbindo Abesyapradhi - Indoneisa
- Alfred C Toepfer International GmbH - Germany
- Deloitte Consulting - India
- Carbofer General Trading SA - India
- Marubeni Corporation - India
- Barasentosa Lestari - Indonesia
- VISA Power Limited - India
- Siam City Cement PLC, Thailand
- Bayan Resources Tbk. - Indonesia
- Mjunction Services Limited - India
- Intertek Mineral Services - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Cigading International Bulk Terminal - Indonesia
- White Energy Company Limited
- Sojitz Corporation - Japan
- Petron Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Bhatia International Limited - India
- Indika Energy - Indonesia
- Ind-Barath Power Infra Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Economic Council, Georgia
- Ministry of Finance - Indonesia
- Goldman Sachs - Singapore
- Mintek Dendrill Indonesia
- MS Steel International - UAE
- Indian Oil Corporation Limited
- Kobexindo Tractors - Indoneisa
- Riau Bara Harum - Indonesia
- Samtan Co., Ltd - South Korea
- Orica Australia Pty. Ltd.
- Xindia Steels Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Minerals Council of Australia
- Maheswari Brothers Coal Limited - India
- Dalmia Cement Bharat India
- Agrawal Coal Company - India
- GVK Power & Infra Limited - India
- Globalindo Alam Lestari - Indonesia
- Singapore Mercantile Exchange
- Anglo American - United Kingdom
- Ministry of Transport, Egypt
- Altura Mining Limited, Indonesia
- Lanco Infratech Ltd - India
- Bhushan Steel Limited - India
- Iligan Light & Power Inc, Philippines
- San Jose City I Power Corp, Philippines
- OPG Power Generation Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Energy Link Ltd, New Zealand
- Kaltim Prima Coal - Indonesia
- SN Aboitiz Power Inc, Philippines
- Formosa Plastics Group - Taiwan
- Parry Sugars Refinery, India
- Sindya Power Generating Company Private Ltd
- Mercator Lines Limited - India
- PowerSource Philippines DevCo
- Directorate Of Revenue Intelligence - India
- GMR Energy Limited - India
- Central Electricity Authority - India
- TeaM Sual Corporation - Philippines
- Toyota Tsusho Corporation, Japan
- Essar Steel Hazira Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Coastal Gujarat Power Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Gujarat Sidhee Cement - India
- Holcim Trading Pte Ltd - Singapore
- McConnell Dowell - Australia
- Bharathi Cement Corporation - India
- Kepco SPC Power Corporation, Philippines
- Electricity Generating Authority of Thailand
- ICICI Bank Limited - India
- Global Business Power Corporation, Philippines
- SMG Consultants - Indonesia
- Bangladesh Power Developement Board
- Maharashtra Electricity Regulatory Commission - India
- Gujarat Mineral Development Corp Ltd - India
- Vizag Seaport Private Limited - India
- Price Waterhouse Coopers - Russia
- Offshore Bulk Terminal Pte Ltd, Singapore
- SMC Global Power, Philippines
- Standard Chartered Bank - UAE
- Pendopo Energi Batubara - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Malabar Cements Ltd - India
- Meralco Power Generation, Philippines
- Madhucon Powers Ltd - India
- Baramulti Group, Indonesia
- Meenaskhi Energy Private Limited - India
- Edison Trading Spa - Italy
- IEA Clean Coal Centre - UK
- Indo Tambangraya Megah - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Indonesian Coal Mining Association
- Leighton Contractors Pty Ltd - Australia
- Thai Mozambique Logistica
- Sakthi Sugars Limited - India
- Rashtriya Ispat Nigam Limited - India
- Kapuas Tunggal Persada - Indonesia
- The Treasury - Australian Government
- Australian Commodity Traders Exchange
- Pipit Mutiara Jaya. PT, Indonesia
- Wilmar Investment Holdings
- Africa Commodities Group - South Africa
- Indogreen Group - Indonesia
- Independent Power Producers Association of India
- Krishnapatnam Port Company Ltd. - India
- ASAPP Information Group - India
- Bukit Asam (Persero) Tbk - Indonesia
- CIMB Investment Bank - Malaysia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Siam City Cement - Thailand
- Commonwealth Bank - Australia
- Savvy Resources Ltd - HongKong
- Latin American Coal - Colombia
- Tamil Nadu electricity Board
- Chamber of Mines of South Africa
- Kartika Selabumi Mining - Indonesia
- GAC Shipping (India) Pvt Ltd
- Bukit Makmur.PT - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Ambuja Cements Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Borneo Indobara - Indonesia
- Energy Development Corp, Philippines
- Heidelberg Cement - Germany
- Bulk Trading Sa - Switzerland
- Renaissance Capital - South Africa
- Jindal Steel & Power Ltd - India
- Larsen & Toubro Limited - India
- Bhoruka Overseas - Indonesia
- Uttam Galva Steels Limited - India
- CNBM International Corporation - China
- The State Trading Corporation of India Ltd
- Georgia Ports Authority, United States
- Coal and Oil Company - UAE
- Planning Commission, India
- Parliament of New Zealand
- AsiaOL BioFuels Corp., Philippines
- Salva Resources Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Oldendorff Carriers - Singapore
- Indian Energy Exchange, India
- Central Java Power - Indonesia
- Semirara Mining and Power Corporation, Philippines
- South Luzon Thermal Energy Corporation
- The University of Queensland
- Posco Energy - South Korea
- Electricity Authority, New Zealand
- Thiess Contractors Indonesia
- Banpu Public Company Limited - Thailand
- Port Waratah Coal Services - Australia
- Eastern Energy - Thailand
- Binh Thuan Hamico - Vietnam
- New Zealand Coal & Carbon
- Vijayanagar Sugar Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Neyveli Lignite Corporation Ltd, - India
- Bukit Baiduri Energy - Indonesia
- Aditya Birla Group - India
- Antam Resourcindo - Indonesia
- Ministry of Mines - Canada
- Semirara Mining Corp, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Tata Chemicals Ltd - India
- Trasteel International SA, Italy
- PNOC Exploration Corporation - Philippines
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