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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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- Indo Tambangraya Megah - Indonesia
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- Pipit Mutiara Jaya. PT, Indonesia
- IEA Clean Coal Centre - UK
- TeaM Sual Corporation - Philippines
- Bhatia International Limited - India
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- Bukit Asam (Persero) Tbk - Indonesia
- Jaiprakash Power Ventures ltd
- The State Trading Corporation of India Ltd
- Coastal Gujarat Power Limited - India
- Goldman Sachs - Singapore
- Sakthi Sugars Limited - India
- Chettinad Cement Corporation Ltd - India
- Bukit Makmur.PT - Indonesia
- Global Coal Blending Company Limited - Australia
- Minerals Council of Australia
- PTC India Limited - India
- Borneo Indobara - Indonesia
- Price Waterhouse Coopers - Russia
- Kartika Selabumi Mining - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Jindal Steel & Power Ltd - India
- Vizag Seaport Private Limited - India
- Vedanta Resources Plc - India
- Eastern Coal Council - USA
- Singapore Mercantile Exchange
- Trasteel International SA, Italy
- Port Waratah Coal Services - Australia
- Rashtriya Ispat Nigam Limited - India
- Madhucon Powers Ltd - India
- Thiess Contractors Indonesia
- Indian Oil Corporation Limited
- Ministry of Mines - Canada
- Ministry of Finance - Indonesia
- Banpu Public Company Limited - Thailand
- VISA Power Limited - India
- Energy Development Corp, Philippines
- Binh Thuan Hamico - Vietnam
- Economic Council, Georgia
- PetroVietnam Power Coal Import and Supply Company
- Holcim Trading Pte Ltd - Singapore
- Eastern Energy - Thailand
- Kobexindo Tractors - Indoneisa
- Siam City Cement - Thailand
- Alfred C Toepfer International GmbH - Germany
- Vijayanagar Sugar Pvt Ltd - India
- Latin American Coal - Colombia
- Maharashtra Electricity Regulatory Commission - India
- Maheswari Brothers Coal Limited - India
- Gujarat Sidhee Cement - India
- Leighton Contractors Pty Ltd - Australia
- Toyota Tsusho Corporation, Japan
- Metalloyd Limited - United Kingdom
- Coalindo Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- International Coal Ventures Pvt Ltd - India
- New Zealand Coal & Carbon
- Krishnapatnam Port Company Ltd. - India
- Formosa Plastics Group - Taiwan
- Aboitiz Power Corporation - Philippines
- Parliament of New Zealand
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- Bahari Cakrawala Sebuku - Indonesia
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- Energy Link Ltd, New Zealand
- Cement Manufacturers Association - India
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- Ceylon Electricity Board - Sri Lanka
- Therma Luzon, Inc, Philippines
- Standard Chartered Bank - UAE
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- Mercuria Energy - Indonesia
- Interocean Group of Companies - India
- Global Green Power PLC Corporation, Philippines
- Bhoruka Overseas - Indonesia
- ICICI Bank Limited - India
- Bangladesh Power Developement Board
- Renaissance Capital - South Africa
- CIMB Investment Bank - Malaysia
- Planning Commission, India
- Samtan Co., Ltd - South Korea
- Xindia Steels Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Essar Steel Hazira Ltd - India
- Meenaskhi Energy Private Limited - India
- Straits Asia Resources Limited - Singapore
- Globalindo Alam Lestari - Indonesia
- Ministry of Transport, Egypt
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Rio Tinto Coal - Australia
- Mintek Dendrill Indonesia
- Sical Logistics Limited - India
- Deloitte Consulting - India
- Sree Jayajothi Cements Limited - India
- Kapuas Tunggal Persada - Indonesia
- Indian Energy Exchange, India
- Larsen & Toubro Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Savvy Resources Ltd - HongKong
- Simpson Spence & Young - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Africa Commodities Group - South Africa
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Medco Energi Mining Internasional
- London Commodity Brokers - England
- GVK Power & Infra Limited - India
- Sinarmas Energy and Mining - Indonesia
- Riau Bara Harum - Indonesia
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- Cigading International Bulk Terminal - Indonesia
- Central Electricity Authority - India
- Global Business Power Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Salva Resources Pvt Ltd - India
- Indonesian Coal Mining Association
- Siam City Cement PLC, Thailand
- Grasim Industreis Ltd - India
- Georgia Ports Authority, United States
- Attock Cement Pakistan Limited
- Kepco SPC Power Corporation, Philippines
- McConnell Dowell - Australia
- Kaltim Prima Coal - Indonesia
- Romanian Commodities Exchange
- Anglo American - United Kingdom
- Electricity Authority, New Zealand
- OPG Power Generation Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- AsiaOL BioFuels Corp., Philippines
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- Intertek Mineral Services - Indonesia
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- Meralco Power Generation, Philippines
- Baramulti Group, Indonesia
- Iligan Light & Power Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Neyveli Lignite Corporation Ltd, - India
- Petron Corporation, Philippines
- ASAPP Information Group - India
- Ind-Barath Power Infra Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Asmin Koalindo Tuhup - Indonesia
- Edison Trading Spa - Italy
- Sojitz Corporation - Japan
- Offshore Bulk Terminal Pte Ltd, Singapore
- The University of Queensland
- Star Paper Mills Limited - India
- Commonwealth Bank - Australia
- Kohat Cement Company Ltd. - Pakistan
- Tamil Nadu electricity Board
- Electricity Generating Authority of Thailand
- Semirara Mining and Power Corporation, Philippines
- Kumho Petrochemical, South Korea
- Power Finance Corporation Ltd., India
- Lanco Infratech Ltd - India
- Bhushan Steel Limited - India
- Orica Australia Pty. Ltd.
- Wood Mackenzie - Singapore
- Dalmia Cement Bharat India
- Heidelberg Cement - Germany
- Kalimantan Lumbung Energi - Indonesia
- Australian Commodity Traders Exchange
- Bukit Baiduri Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Parry Sugars Refinery, India
- Indika Energy - Indonesia
- GMR Energy Limited - India
- Chamber of Mines of South Africa
- Aditya Birla Group - India
- Kideco Jaya Agung - Indonesia
- Antam Resourcindo - Indonesia
- Sarangani Energy Corporation, Philippines
- Mjunction Services Limited - India
- The Treasury - Australian Government
- Coal and Oil Company - UAE
- Sindya Power Generating Company Private Ltd
- SMC Global Power, Philippines
- Agrawal Coal Company - India
- Directorate General of MIneral and Coal - Indonesia
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- Bulk Trading Sa - Switzerland
- Pendopo Energi Batubara - Indonesia
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- Barasentosa Lestari - Indonesia
- Indogreen Group - Indonesia
- Uttam Galva Steels Limited - India
- Merrill Lynch Commodities Europe
- PowerSource Philippines DevCo
- Videocon Industries ltd - India
- LBH Netherlands Bv - Netherlands
- European Bulk Services B.V. - Netherlands
- Independent Power Producers Association of India
- Gujarat Electricity Regulatory Commission - India
- Makarim & Taira - Indonesia
- San Jose City I Power Corp, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Ambuja Cements Ltd - India
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- Thai Mozambique Logistica
- Semirara Mining Corp, Philippines
- Australian Coal Association
- White Energy Company Limited
- Billiton Holdings Pty Ltd - Australia
- MS Steel International - UAE
- Mercator Lines Limited - India
- IHS Mccloskey Coal Group - USA
- Posco Energy - South Korea
- SN Aboitiz Power Inc, Philippines
- Altura Mining Limited, Indonesia
- Wilmar Investment Holdings
- Marubeni Corporation - India
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