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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 $58.50 a ton in the week ended May 1, according to Petersfield, England-based McCloskey Group.
The terminal in north eastern South Africa is owned by South Africa’s largest coal exporters, including Anglo American Plc, BHP Billiton Ltd. and Xstrata Plc. It is the biggest source of coal for European power plants.
Sixty-eight ships were loaded during the month and 572 trains arrived at the facility, RBCT said. It received 5.27 million tons of the fuel by rail.
Falling Shipments
At its current shipment rate Richards Bay will export 56.77 million tons of coal this year compared with a capacity of 76 million tons, expanding to 91 million tons by July. When that expansion is complete Richards Bay will be the world’s single biggest coal export facility.
Richards Bay’s shipments this year are likely to be below those last year, Prevost said, adding that he doesn’t expect substantial improvement in demand in 2009. The terminal shipped 61.79 million tons in 2008 compared with 66.16 million tons the year earlier. Exports were reduced by derailments and increased competition for supplies from power utility Eskom Holdings Ltd.
Terry Howarth, the chief executive officer of the terminal, wasn’t immediately available when his office was called.
Transnet Ltd., which operates South Africa’s railways, will close one of two lines to the terminal from May 4-13 for Xavier maintenance.
Source: http://www.bloomberg.com/apps/news?pid=20601116&sid=ahn8lGylbYKg&refer=africa
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Monday, 05 March 12
SOUTHGOBI ANNOUNCES AGREEMENT TO SELL ITS THERMAL COAL TSAGAAN TOLGOI DEPOSIT FOR US$ 30 MILLION
SouthGobi Resources Ltd. (TSX: SGQ, HK: 1878) announced today an agreement to sell its thermal coal property, the Tsagaan Tolgoi Deposit to Modun Re ...
Monday, 05 March 12
SOME RESOURCE TITANS NOT THRILLED WITH INDONESIAN EXPORT BAN - THE JAKARTA GLOBE
The Jakarta Globe reported that, local representatives of major business associations in East Kalimantan have protested a government regulation that ...
Monday, 05 March 12
WEEKLY DRY MARKET OVERVIEW - MARIA BERTZELETOU, HELLENIC SHIPPING
An air of optimism poured in the market this week for dry bulk shippers with the Baltic Dry Index recording daily gains during the end of February b ...
Sunday, 04 March 12
SE ASIA WAS FIRM FOR TRIPS TO INDIA AND CHINA - VISTAAR
COALspot.com - This week saw another upward trend with all indices up and generally market was firm.
The BDI was up by 7.38 pct closing at 771 po ...
Friday, 02 March 12
DJMBP HAS ANNOUNCED SECOND BATCH OF CLEAR N CLEAN CERTIFIED MINERS
COALspot.com - The Directorate general of mineral & coal of Indonesia has announced second batch of companies who have passed IUP Clear and Clea ...
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Showing 4826 to 4830 news of total 6871 |
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- Star Paper Mills Limited - India
- Ind-Barath Power Infra Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Karaikal Port Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Intertek Mineral Services - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Vizag Seaport Private Limited - India
- MS Steel International - UAE
- Anglo American - United Kingdom
- Mercuria Energy - Indonesia
- VISA Power Limited - India
- Marubeni Corporation - India
- Indian Energy Exchange, India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Riau Bara Harum - Indonesia
- Cement Manufacturers Association - India
- Petrochimia International Co. Ltd.- Taiwan
- Mjunction Services Limited - India
- Videocon Industries ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Uttam Galva Steels Limited - India
- Commonwealth Bank - Australia
- PTC India Limited - India
- Formosa Plastics Group - Taiwan
- Aboitiz Power Corporation - Philippines
- Globalindo Alam Lestari - Indonesia
- Deloitte Consulting - India
- Billiton Holdings Pty Ltd - Australia
- Africa Commodities Group - South Africa
- McConnell Dowell - Australia
- Leighton Contractors Pty Ltd - Australia
- Kalimantan Lumbung Energi - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Eastern Coal Council - USA
- Malabar Cements Ltd - India
- Goldman Sachs - Singapore
- Alfred C Toepfer International GmbH - Germany
- Jindal Steel & Power Ltd - India
- Sakthi Sugars Limited - India
- PowerSource Philippines DevCo
- Australian Commodity Traders Exchange
- Mercator Lines Limited - India
- Meenaskhi Energy Private Limited - India
- Electricity Authority, New Zealand
- Mintek Dendrill Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Banpu Public Company Limited - Thailand
- Bhushan Steel Limited - India
- Bhoruka Overseas - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- The Treasury - Australian Government
- Sindya Power Generating Company Private Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Salva Resources Pvt Ltd - India
- India Bulls Power Limited - India
- Kartika Selabumi Mining - Indonesia
- Global Coal Blending Company Limited - Australia
- ASAPP Information Group - India
- Independent Power Producers Association of India
- IHS Mccloskey Coal Group - USA
- Siam City Cement PLC, Thailand
- Attock Cement Pakistan Limited
- London Commodity Brokers - England
- AsiaOL BioFuels Corp., Philippines
- CIMB Investment Bank - Malaysia
- Krishnapatnam Port Company Ltd. - India
- Heidelberg Cement - Germany
- Indo Tambangraya Megah - Indonesia
- Coalindo Energy - Indonesia
- Eastern Energy - Thailand
- Orica Mining Services - Indonesia
- Ministry of Mines - Canada
- Indogreen Group - Indonesia
- Samtan Co., Ltd - South Korea
- Parry Sugars Refinery, India
- The State Trading Corporation of India Ltd
- International Coal Ventures Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- CNBM International Corporation - China
- Semirara Mining Corp, Philippines
- Sree Jayajothi Cements Limited - India
- Therma Luzon, Inc, Philippines
- Larsen & Toubro Limited - India
- Grasim Industreis Ltd - India
- Bangladesh Power Developement Board
- Posco Energy - South Korea
- TNB Fuel Sdn Bhd - Malaysia
- Energy Development Corp, Philippines
- Manunggal Multi Energi - Indonesia
- Ministry of Finance - Indonesia
- Jaiprakash Power Ventures ltd
- Miang Besar Coal Terminal - Indonesia
- Savvy Resources Ltd - HongKong
- Indika Energy - Indonesia
- Dalmia Cement Bharat India
- Petron Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Siam City Cement - Thailand
- Agrawal Coal Company - India
- White Energy Company Limited
- Port Waratah Coal Services - Australia
- Asmin Koalindo Tuhup - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Coastal Gujarat Power Limited - India
- Minerals Council of Australia
- Georgia Ports Authority, United States
- Global Green Power PLC Corporation, Philippines
- Indonesian Coal Mining Association
- SMC Global Power, Philippines
- Price Waterhouse Coopers - Russia
- Thai Mozambique Logistica
- Australian Coal Association
- Vedanta Resources Plc - India
- Baramulti Group, Indonesia
- Energy Link Ltd, New Zealand
- Wood Mackenzie - Singapore
- Simpson Spence & Young - Indonesia
- Binh Thuan Hamico - Vietnam
- South Luzon Thermal Energy Corporation
- Ambuja Cements Ltd - India
- Renaissance Capital - South Africa
- Tamil Nadu electricity Board
- Sical Logistics Limited - India
- Altura Mining Limited, Indonesia
- GVK Power & Infra Limited - India
- TeaM Sual Corporation - Philippines
- Global Business Power Corporation, Philippines
- Gujarat Sidhee Cement - India
- Makarim & Taira - Indonesia
- Chettinad Cement Corporation Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Planning Commission, India
- Jorong Barutama Greston.PT - Indonesia
- SN Aboitiz Power Inc, Philippines
- Bulk Trading Sa - Switzerland
- Orica Australia Pty. Ltd.
- Cigading International Bulk Terminal - Indonesia
- Parliament of New Zealand
- Semirara Mining and Power Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Central Java Power - Indonesia
- Lanco Infratech Ltd - India
- Borneo Indobara - Indonesia
- Meralco Power Generation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Timah Investasi Mineral - Indoneisa
- Kumho Petrochemical, South Korea
- Bayan Resources Tbk. - Indonesia
- Medco Energi Mining Internasional
- Ceylon Electricity Board - Sri Lanka
- Central Electricity Authority - India
- Romanian Commodities Exchange
- Barasentosa Lestari - Indonesia
- Coal and Oil Company - UAE
- Latin American Coal - Colombia
- Xindia Steels Limited - India
- Kobexindo Tractors - Indoneisa
- Kohat Cement Company Ltd. - Pakistan
- Oldendorff Carriers - Singapore
- Bukit Baiduri Energy - Indonesia
- Merrill Lynch Commodities Europe
- The University of Queensland
- Standard Chartered Bank - UAE
- European Bulk Services B.V. - Netherlands
- Ministry of Transport, Egypt
- Power Finance Corporation Ltd., India
- Kapuas Tunggal Persada - Indonesia
- Indian Oil Corporation Limited
- Trasteel International SA, Italy
- Sinarmas Energy and Mining - Indonesia
- ICICI Bank Limited - India
- Economic Council, Georgia
- Kepco SPC Power Corporation, Philippines
- Aditya Birla Group - India
- GN Power Mariveles Coal Plant, Philippines
- Carbofer General Trading SA - India
- Wilmar Investment Holdings
- Electricity Generating Authority of Thailand
- Interocean Group of Companies - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Madhucon Powers Ltd - India
- LBH Netherlands Bv - Netherlands
- PNOC Exploration Corporation - Philippines
- IEA Clean Coal Centre - UK
- Gujarat Electricity Regulatory Commission - India
- GAC Shipping (India) Pvt Ltd
- Antam Resourcindo - Indonesia
- Singapore Mercantile Exchange
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sojitz Corporation - Japan
- Karbindo Abesyapradhi - Indoneisa
- SMG Consultants - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Kideco Jaya Agung - Indonesia
- Maheswari Brothers Coal Limited - India
- Tata Chemicals Ltd - India
- Bharathi Cement Corporation - India
- Rashtriya Ispat Nigam Limited - India
- Straits Asia Resources Limited - Singapore
- Thiess Contractors Indonesia
- Rio Tinto Coal - Australia
- GMR Energy Limited - India
- Essar Steel Hazira Ltd - India
- New Zealand Coal & Carbon
- Metalloyd Limited - United Kingdom
- Chamber of Mines of South Africa
- OPG Power Generation Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Directorate Of Revenue Intelligence - India
- Edison Trading Spa - Italy
- San Jose City I Power Corp, Philippines
- Bhatia International Limited - India
- Pendopo Energi Batubara - Indonesia
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