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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, 02 January 12
THE PROMISE OF INDIA: A BRIEF INTERRUPTION? - CLARKSONS / HELLENIC SHIPPING
Future growth in Indian seaborne coal imports has sometimes been considered as one of the largest potential upsides in the currently oversupplied dr ...
Sunday, 01 January 12
IS INDIA FOLLOWING INDONESIA TO STANDARDIZE COAL PRICES TO GET MAXIMUM BENEFITS?
COALspot.com - Coal India limited, an Indian state owned and world largest coal producer has introduced gross calorific value (GCV) based pricing me ...
Saturday, 31 December 11
GLOBALCOAL NEWC INDEX SURGED 2.32 PERCENT
COALspot.com - globalCOAL index in Newcastle Port, benchmark for Asian market, ended substantially higher, surged 2.32 percent to US$115.47 per ...
Saturday, 31 December 11
BORNEO LUMBUNG TO BUY BUMI STAKE, SWAP CEO - THE JAKARTA GLOBE
The Jakarta Globe, one of the leading english news paper in Indonesia reported yesterday, shareholders of Indonesian coking coal miner Borneo Lumbun ...
Friday, 30 December 11
CENTRAL GOVERNMENT SHOULD ISSUE PERMITS - THE JAKARTA POST
The Jakarta Post reported that, business associations from both the palm oil and mining sectors have suggested that the central government should re ...
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- Gujarat Sidhee Cement - India
- Ambuja Cements Ltd - India
- Bukit Baiduri Energy - Indonesia
- Ministry of Finance - Indonesia
- Coastal Gujarat Power Limited - India
- Borneo Indobara - Indonesia
- Star Paper Mills Limited - India
- Metalloyd Limited - United Kingdom
- International Coal Ventures Pvt Ltd - India
- Marubeni Corporation - India
- Formosa Plastics Group - Taiwan
- Directorate Of Revenue Intelligence - India
- Aboitiz Power Corporation - Philippines
- Neyveli Lignite Corporation Ltd, - India
- Ministry of Mines - Canada
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Vizag Seaport Private Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Global Business Power Corporation, Philippines
- Bhatia International Limited - India
- Sarangani Energy Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Attock Cement Pakistan Limited
- Wood Mackenzie - Singapore
- SN Aboitiz Power Inc, Philippines
- Indika Energy - Indonesia
- Romanian Commodities Exchange
- Anglo American - United Kingdom
- Gujarat Electricity Regulatory Commission - India
- LBH Netherlands Bv - Netherlands
- Sree Jayajothi Cements Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Aditya Birla Group - India
- Eastern Energy - Thailand
- Eastern Coal Council - USA
- SMG Consultants - Indonesia
- Meralco Power Generation, Philippines
- Pendopo Energi Batubara - Indonesia
- PTC India Limited - India
- McConnell Dowell - Australia
- San Jose City I Power Corp, Philippines
- Globalindo Alam Lestari - Indonesia
- Global Coal Blending Company Limited - Australia
- IEA Clean Coal Centre - UK
- Bhoruka Overseas - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Manunggal Multi Energi - Indonesia
- Deloitte Consulting - India
- Parliament of New Zealand
- OPG Power Generation Pvt Ltd - India
- Central Electricity Authority - India
- Maheswari Brothers Coal Limited - India
- Georgia Ports Authority, United States
- Krishnapatnam Port Company Ltd. - India
- Vedanta Resources Plc - India
- Ministry of Transport, Egypt
- Indonesian Coal Mining Association
- Holcim Trading Pte Ltd - Singapore
- Kaltim Prima Coal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Uttam Galva Steels Limited - India
- PNOC Exploration Corporation - Philippines
- Commonwealth Bank - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Banpu Public Company Limited - Thailand
- Parry Sugars Refinery, India
- Kumho Petrochemical, South Korea
- Mercator Lines Limited - India
- Kartika Selabumi Mining - Indonesia
- SMC Global Power, Philippines
- Larsen & Toubro Limited - India
- Semirara Mining Corp, Philippines
- Interocean Group of Companies - India
- Edison Trading Spa - Italy
- Barasentosa Lestari - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Chamber of Mines of South Africa
- Tamil Nadu electricity Board
- Orica Mining Services - Indonesia
- PowerSource Philippines DevCo
- Samtan Co., Ltd - South Korea
- Bharathi Cement Corporation - India
- The University of Queensland
- Indian Oil Corporation Limited
- Mjunction Services Limited - India
- Rashtriya Ispat Nigam Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Goldman Sachs - Singapore
- IHS Mccloskey Coal Group - USA
- MS Steel International - UAE
- Siam City Cement PLC, Thailand
- Sical Logistics Limited - India
- Sojitz Corporation - Japan
- Binh Thuan Hamico - Vietnam
- Thai Mozambique Logistica
- Videocon Industries ltd - India
- Grasim Industreis Ltd - India
- Trasteel International SA, Italy
- Agrawal Coal Company - India
- Energy Link Ltd, New Zealand
- VISA Power Limited - India
- Makarim & Taira - Indonesia
- Riau Bara Harum - Indonesia
- Simpson Spence & Young - Indonesia
- Jindal Steel & Power Ltd - India
- Oldendorff Carriers - Singapore
- Power Finance Corporation Ltd., India
- Energy Development Corp, Philippines
- Renaissance Capital - South Africa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Carbofer General Trading SA - India
- Jaiprakash Power Ventures ltd
- Therma Luzon, Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Bangladesh Power Developement Board
- Thiess Contractors Indonesia
- Posco Energy - South Korea
- Independent Power Producers Association of India
- Maharashtra Electricity Regulatory Commission - India
- Semirara Mining and Power Corporation, Philippines
- Lanco Infratech Ltd - India
- Electricity Authority, New Zealand
- Intertek Mineral Services - Indonesia
- Essar Steel Hazira Ltd - India
- GMR Energy Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Antam Resourcindo - Indonesia
- GAC Shipping (India) Pvt Ltd
- Coal and Oil Company - UAE
- Kobexindo Tractors - Indoneisa
- Kapuas Tunggal Persada - Indonesia
- Baramulti Group, Indonesia
- India Bulls Power Limited - India
- Savvy Resources Ltd - HongKong
- Madhucon Powers Ltd - India
- Toyota Tsusho Corporation, Japan
- ICICI Bank Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Bukit Makmur.PT - Indonesia
- Petron Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Miang Besar Coal Terminal - Indonesia
- Timah Investasi Mineral - Indoneisa
- Price Waterhouse Coopers - Russia
- Leighton Contractors Pty Ltd - Australia
- Sindya Power Generating Company Private Ltd
- Standard Chartered Bank - UAE
- The State Trading Corporation of India Ltd
- Minerals Council of Australia
- Chettinad Cement Corporation Ltd - India
- Merrill Lynch Commodities Europe
- GVK Power & Infra Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Indo Tambangraya Megah - Indonesia
- Bulk Trading Sa - Switzerland
- Malabar Cements Ltd - India
- Cement Manufacturers Association - India
- Port Waratah Coal Services - Australia
- Karbindo Abesyapradhi - Indoneisa
- Central Java Power - Indonesia
- Altura Mining Limited, Indonesia
- Electricity Generating Authority of Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Global Green Power PLC Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Orica Australia Pty. Ltd.
- Indogreen Group - Indonesia
- Economic Council, Georgia
- Salva Resources Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Xindia Steels Limited - India
- Australian Coal Association
- Mintek Dendrill Indonesia
- Africa Commodities Group - South Africa
- White Energy Company Limited
- Singapore Mercantile Exchange
- Australian Commodity Traders Exchange
- Latin American Coal - Colombia
- ASAPP Information Group - India
- Dalmia Cement Bharat India
- European Bulk Services B.V. - Netherlands
- The Treasury - Australian Government
- Alfred C Toepfer International GmbH - Germany
- Sakthi Sugars Limited - India
- Wilmar Investment Holdings
- Pipit Mutiara Jaya. PT, Indonesia
- Bhushan Steel Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Jorong Barutama Greston.PT - Indonesia
- Kideco Jaya Agung - Indonesia
- Tata Chemicals Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Iligan Light & Power Inc, Philippines
- Coalindo Energy - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Siam City Cement - Thailand
- Indian Energy Exchange, India
- Ceylon Electricity Board - Sri Lanka
- Planning Commission, India
- London Commodity Brokers - England
- New Zealand Coal & Carbon
- Medco Energi Mining Internasional
- CNBM International Corporation - China
- Cigading International Bulk Terminal - Indonesia
- Mercuria Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Bayan Resources Tbk. - Indonesia
- TeaM Sual Corporation - Philippines
- South Luzon Thermal Energy Corporation
- Rio Tinto Coal - Australia
- Ind-Barath Power Infra Limited - India
- Heidelberg Cement - Germany
- Kepco SPC Power Corporation, Philippines
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