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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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Tuesday, 07 February 12
DRY BULK MARKET FINALLY STOPS DECLINE, POSTS FIRST RISE IN MORE THAN A MONTH - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
After falling to near record lows, not seen since the mid-80s the dry bulk market has finally stopped its path to "hell", with the industr ...
Saturday, 04 February 12
SUPRAMAX DELIVERY SOUTH CHINA FOR TRIPS VIA INDONESIA WERE REPORTED AROUND $ 6,000 PER DAY - VISTAAR
COALspot.com - The markets continued to soften which dropped by almost 11 pct and BDI closing at 647 points.
The drop in BDI was mainly due to dr ...
Thursday, 02 February 12
NO RELIEF YET FOR DRY BULK SHIP OWNERS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Although at the start of 2012 nobody can claim that the global seaborne trade has suddenly come to a halt, quite the contrary, it seems that the dry ...
Wednesday, 01 February 12
KRISHNAPATNAM PORT - GOING DEEP TO SOAR HIGH
COALspot.com - Krishnapatnam Port now rightfully claims as the deepest draft port in India, as it has started accepting vessels with maximum permiss ...
Wednesday, 01 February 12
IN JAMBI, MOST MINING COMPANIES LACK 'CLEAR-AND-CLEAN' PERMITS - JP
More than three-quarters of the 386 mining companies in Jambi lack “clear-and-clean” certifications from the government, according to an ...
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- AsiaOL BioFuels Corp., Philippines
- SN Aboitiz Power Inc, Philippines
- Commonwealth Bank - Australia
- LBH Netherlands Bv - Netherlands
- Tata Chemicals Ltd - India
- PTC India Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Edison Trading Spa - Italy
- Petrochimia International Co. Ltd.- Taiwan
- Straits Asia Resources Limited - Singapore
- Binh Thuan Hamico - Vietnam
- Georgia Ports Authority, United States
- Ambuja Cements Ltd - India
- Vedanta Resources Plc - India
- European Bulk Services B.V. - Netherlands
- Kepco SPC Power Corporation, Philippines
- Central Electricity Authority - India
- Rashtriya Ispat Nigam Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Deloitte Consulting - India
- Larsen & Toubro Limited - India
- Eastern Energy - Thailand
- New Zealand Coal & Carbon
- Intertek Mineral Services - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Sinarmas Energy and Mining - Indonesia
- Interocean Group of Companies - India
- Carbofer General Trading SA - India
- Savvy Resources Ltd - HongKong
- GVK Power & Infra Limited - India
- Bulk Trading Sa - Switzerland
- Orica Mining Services - Indonesia
- TeaM Sual Corporation - Philippines
- Goldman Sachs - Singapore
- Global Green Power PLC Corporation, Philippines
- Marubeni Corporation - India
- Karbindo Abesyapradhi - Indoneisa
- Madhucon Powers Ltd - India
- Antam Resourcindo - Indonesia
- Formosa Plastics Group - Taiwan
- Manunggal Multi Energi - Indonesia
- Siam City Cement PLC, Thailand
- Indian Energy Exchange, India
- Xindia Steels Limited - India
- Australian Commodity Traders Exchange
- Chettinad Cement Corporation Ltd - India
- Siam City Cement - Thailand
- Coastal Gujarat Power Limited - India
- Krishnapatnam Port Company Ltd. - India
- Central Java Power - Indonesia
- PNOC Exploration Corporation - Philippines
- Power Finance Corporation Ltd., India
- Price Waterhouse Coopers - Russia
- Banpu Public Company Limited - Thailand
- Ministry of Transport, Egypt
- The Treasury - Australian Government
- Altura Mining Limited, Indonesia
- Coal and Oil Company - UAE
- Ministry of Finance - Indonesia
- Jaiprakash Power Ventures ltd
- International Coal Ventures Pvt Ltd - India
- Chamber of Mines of South Africa
- Heidelberg Cement - Germany
- Meralco Power Generation, Philippines
- Merrill Lynch Commodities Europe
- Kaltim Prima Coal - Indonesia
- Sojitz Corporation - Japan
- Mjunction Services Limited - India
- Baramulti Group, Indonesia
- Indogreen Group - Indonesia
- Energy Development Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Semirara Mining Corp, Philippines
- Ministry of Mines - Canada
- Sarangani Energy Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Oldendorff Carriers - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Dalmia Cement Bharat India
- Port Waratah Coal Services - Australia
- Salva Resources Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Bhatia International Limited - India
- IHS Mccloskey Coal Group - USA
- Posco Energy - South Korea
- Maharashtra Electricity Regulatory Commission - India
- Mintek Dendrill Indonesia
- Star Paper Mills Limited - India
- Gujarat Sidhee Cement - India
- Agrawal Coal Company - India
- Independent Power Producers Association of India
- Kohat Cement Company Ltd. - Pakistan
- Electricity Authority, New Zealand
- Sical Logistics Limited - India
- Electricity Generating Authority of Thailand
- Parliament of New Zealand
- Global Business Power Corporation, Philippines
- Thai Mozambique Logistica
- Borneo Indobara - Indonesia
- White Energy Company Limited
- Gujarat Mineral Development Corp Ltd - India
- Bhushan Steel Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Uttam Galva Steels Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Renaissance Capital - South Africa
- Latin American Coal - Colombia
- Miang Besar Coal Terminal - Indonesia
- India Bulls Power Limited - India
- Sakthi Sugars Limited - India
- Vizag Seaport Private Limited - India
- Metalloyd Limited - United Kingdom
- Makarim & Taira - Indonesia
- Bukit Baiduri Energy - Indonesia
- Lanco Infratech Ltd - India
- Global Coal Blending Company Limited - Australia
- Barasentosa Lestari - Indonesia
- Bhoruka Overseas - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Jorong Barutama Greston.PT - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Coalindo Energy - Indonesia
- ASAPP Information Group - India
- Minerals Council of Australia
- Bahari Cakrawala Sebuku - Indonesia
- South Luzon Thermal Energy Corporation
- Bangladesh Power Developement Board
- Kobexindo Tractors - Indoneisa
- Romanian Commodities Exchange
- Orica Australia Pty. Ltd.
- The University of Queensland
- Simpson Spence & Young - Indonesia
- Maheswari Brothers Coal Limited - India
- Essar Steel Hazira Ltd - India
- Pendopo Energi Batubara - Indonesia
- Parry Sugars Refinery, India
- GMR Energy Limited - India
- MS Steel International - UAE
- McConnell Dowell - Australia
- PowerSource Philippines DevCo
- Tamil Nadu electricity Board
- SMG Consultants - Indonesia
- GAC Shipping (India) Pvt Ltd
- Iligan Light & Power Inc, Philippines
- Meenaskhi Energy Private Limited - India
- The State Trading Corporation of India Ltd
- Holcim Trading Pte Ltd - Singapore
- Wilmar Investment Holdings
- Directorate Of Revenue Intelligence - India
- Wood Mackenzie - Singapore
- Timah Investasi Mineral - Indoneisa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Petron Corporation, Philippines
- Australian Coal Association
- Kideco Jaya Agung - Indonesia
- Standard Chartered Bank - UAE
- Mercuria Energy - Indonesia
- San Jose City I Power Corp, Philippines
- Indonesian Coal Mining Association
- Mercator Lines Limited - India
- Africa Commodities Group - South Africa
- Samtan Co., Ltd - South Korea
- CNBM International Corporation - China
- ICICI Bank Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Therma Luzon, Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- VISA Power Limited - India
- Energy Link Ltd, New Zealand
- Thiess Contractors Indonesia
- Cigading International Bulk Terminal - Indonesia
- Cement Manufacturers Association - India
- Kumho Petrochemical, South Korea
- Bukit Makmur.PT - Indonesia
- Trasteel International SA, Italy
- Planning Commission, India
- Aboitiz Power Corporation - Philippines
- Malabar Cements Ltd - India
- Singapore Mercantile Exchange
- Leighton Contractors Pty Ltd - Australia
- Globalindo Alam Lestari - Indonesia
- Jindal Steel & Power Ltd - India
- Sree Jayajothi Cements Limited - India
- Kartika Selabumi Mining - Indonesia
- Attock Cement Pakistan Limited
- Rio Tinto Coal - Australia
- Bharathi Cement Corporation - India
- Indo Tambangraya Megah - Indonesia
- London Commodity Brokers - England
- Kapuas Tunggal Persada - Indonesia
- Eastern Coal Council - USA
- Riau Bara Harum - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Economic Council, Georgia
- Bayan Resources Tbk. - Indonesia
- Medco Energi Mining Internasional
- Sindya Power Generating Company Private Ltd
- Indika Energy - Indonesia
- SMC Global Power, Philippines
- OPG Power Generation Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Indian Oil Corporation Limited
- Ceylon Electricity Board - Sri Lanka
- IEA Clean Coal Centre - UK
- Anglo American - United Kingdom
- CIMB Investment Bank - Malaysia
- Billiton Holdings Pty Ltd - Australia
- Alfred C Toepfer International GmbH - Germany
- Aditya Birla Group - India
- Grasim Industreis Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Videocon Industries ltd - India
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