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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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Thursday, 08 December 11
INDIA MAY SEE 41% ANNUAL GROWTH OF ITS COAL DEMAND DURING THE NEXT 5 YEARS - ICAP SHIPPING
India’s Ministry of Coal expects that India’s coal demand may face an annual 41% rise during the next 5 years, while its coal deficit is ...
Thursday, 08 December 11
HAREDA KRIDA GETS CONTRACT FROM BAYAN - INSIDER STORIES
Insider Stories reported that, coal miner PT Bayan Resources Tbk (BYAN), through its subsidiary dubbed PT Gunungbayan Pratamacoal (GPB), has signed ...
Thursday, 08 December 11
CAPESIZES LIFT DRY BULK MARKET - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Capesize vessels yesterday helped lift the dry bulk market which had been falling since the start of the week on lower cargo demand. As a result the ...
Wednesday, 07 December 11
ABM INVESTAMA EYES RP6.3 TRIO REVENUE - INSIDER STORIES
Insider Stories reported that, an energy integrated company PT ABM Investama Tbk is eyeing a 1.5 folds increase in revenue this year from Rp4. ...
Tuesday, 06 December 11
DRY BULK MARKET ENDS RALLY, STARTS WEEK WITH FALL - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
After a series of increases which saw the dry bulk market’s benchmark, the Baltic Dry Index (BDI) increasing close to 1,900 points and rates o ...
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- Aboitiz Power Corporation - Philippines
- Parry Sugars Refinery, India
- CNBM International Corporation - China
- London Commodity Brokers - England
- Coalindo Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Tata Chemicals Ltd - India
- Power Finance Corporation Ltd., India
- ASAPP Information Group - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Orica Australia Pty. Ltd.
- The University of Queensland
- TNB Fuel Sdn Bhd - Malaysia
- Minerals Council of Australia
- South Luzon Thermal Energy Corporation
- Energy Link Ltd, New Zealand
- Holcim Trading Pte Ltd - Singapore
- Interocean Group of Companies - India
- Bukit Baiduri Energy - Indonesia
- Dalmia Cement Bharat India
- Wilmar Investment Holdings
- Pendopo Energi Batubara - Indonesia
- Mjunction Services Limited - India
- Kepco SPC Power Corporation, Philippines
- Indian Oil Corporation Limited
- Electricity Generating Authority of Thailand
- Kumho Petrochemical, South Korea
- Lanco Infratech Ltd - India
- Eastern Coal Council - USA
- Banpu Public Company Limited - Thailand
- Madhucon Powers Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Edison Trading Spa - Italy
- Bharathi Cement Corporation - India
- Global Green Power PLC Corporation, Philippines
- GVK Power & Infra Limited - India
- Deloitte Consulting - India
- PTC India Limited - India
- The State Trading Corporation of India Ltd
- Directorate General of MIneral and Coal - Indonesia
- Indonesian Coal Mining Association
- Gujarat Mineral Development Corp Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Merrill Lynch Commodities Europe
- Videocon Industries ltd - India
- Jaiprakash Power Ventures ltd
- Simpson Spence & Young - Indonesia
- Globalindo Alam Lestari - Indonesia
- Thiess Contractors Indonesia
- TeaM Sual Corporation - Philippines
- SMG Consultants - Indonesia
- Central Java Power - Indonesia
- Gujarat Sidhee Cement - India
- Antam Resourcindo - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Wood Mackenzie - Singapore
- Sree Jayajothi Cements Limited - India
- Directorate Of Revenue Intelligence - India
- Petron Corporation, Philippines
- Agrawal Coal Company - India
- Africa Commodities Group - South Africa
- Sakthi Sugars Limited - India
- Semirara Mining Corp, Philippines
- SN Aboitiz Power Inc, Philippines
- Heidelberg Cement - Germany
- Cement Manufacturers Association - India
- McConnell Dowell - Australia
- Thai Mozambique Logistica
- Bahari Cakrawala Sebuku - Indonesia
- Kideco Jaya Agung - Indonesia
- Indogreen Group - Indonesia
- Malabar Cements Ltd - India
- Orica Mining Services - Indonesia
- ICICI Bank Limited - India
- Bayan Resources Tbk. - Indonesia
- Aditya Birla Group - India
- India Bulls Power Limited - India
- PowerSource Philippines DevCo
- Alfred C Toepfer International GmbH - Germany
- Global Coal Blending Company Limited - Australia
- Romanian Commodities Exchange
- MS Steel International - UAE
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sindya Power Generating Company Private Ltd
- Sarangani Energy Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Planning Commission, India
- Mercuria Energy - Indonesia
- Port Waratah Coal Services - Australia
- Oldendorff Carriers - Singapore
- Meenaskhi Energy Private Limited - India
- Posco Energy - South Korea
- Mintek Dendrill Indonesia
- International Coal Ventures Pvt Ltd - India
- New Zealand Coal & Carbon
- Vijayanagar Sugar Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Central Electricity Authority - India
- Bhatia International Limited - India
- Baramulti Group, Indonesia
- Energy Development Corp, Philippines
- Ind-Barath Power Infra Limited - India
- Bukit Makmur.PT - Indonesia
- Ministry of Finance - Indonesia
- Price Waterhouse Coopers - Russia
- VISA Power Limited - India
- Siam City Cement - Thailand
- Neyveli Lignite Corporation Ltd, - India
- Ambuja Cements Ltd - India
- Indian Energy Exchange, India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Global Business Power Corporation, Philippines
- Sojitz Corporation - Japan
- Binh Thuan Hamico - Vietnam
- Electricity Authority, New Zealand
- Independent Power Producers Association of India
- Xindia Steels Limited - India
- Ministry of Mines - Canada
- Carbofer General Trading SA - India
- Commonwealth Bank - Australia
- Timah Investasi Mineral - Indoneisa
- Kobexindo Tractors - Indoneisa
- Metalloyd Limited - United Kingdom
- Coastal Gujarat Power Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Bulk Trading Sa - Switzerland
- Essar Steel Hazira Ltd - India
- Renaissance Capital - South Africa
- Attock Cement Pakistan Limited
- Mercator Lines Limited - India
- Parliament of New Zealand
- Marubeni Corporation - India
- Makarim & Taira - Indonesia
- Intertek Mineral Services - Indonesia
- Bhushan Steel Limited - India
- Chettinad Cement Corporation Ltd - India
- Singapore Mercantile Exchange
- Therma Luzon, Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- IHS Mccloskey Coal Group - USA
- Kaltim Prima Coal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Samtan Co., Ltd - South Korea
- LBH Netherlands Bv - Netherlands
- Riau Bara Harum - Indonesia
- Salva Resources Pvt Ltd - India
- Meralco Power Generation, Philippines
- Indo Tambangraya Megah - Indonesia
- Anglo American - United Kingdom
- Rio Tinto Coal - Australia
- Formosa Plastics Group - Taiwan
- The Treasury - Australian Government
- Trasteel International SA, Italy
- Petrochimia International Co. Ltd.- Taiwan
- Barasentosa Lestari - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Cigading International Bulk Terminal - Indonesia
- Tamil Nadu electricity Board
- Latin American Coal - Colombia
- AsiaOL BioFuels Corp., Philippines
- Siam City Cement PLC, Thailand
- Goldman Sachs - Singapore
- Miang Besar Coal Terminal - Indonesia
- Toyota Tsusho Corporation, Japan
- Bhoruka Overseas - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Bangladesh Power Developement Board
- Jorong Barutama Greston.PT - Indonesia
- Australian Commodity Traders Exchange
- Larsen & Toubro Limited - India
- Vizag Seaport Private Limited - India
- White Energy Company Limited
- Rashtriya Ispat Nigam Limited - India
- Altura Mining Limited, Indonesia
- Vedanta Resources Plc - India
- Australian Coal Association
- Kartika Selabumi Mining - Indonesia
- Economic Council, Georgia
- Kalimantan Lumbung Energi - Indonesia
- OPG Power Generation Pvt Ltd - India
- Medco Energi Mining Internasional
- Borneo Indobara - Indonesia
- GMR Energy Limited - India
- Jindal Steel & Power Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Krishnapatnam Port Company Ltd. - India
- European Bulk Services B.V. - Netherlands
- Straits Asia Resources Limited - Singapore
- Standard Chartered Bank - UAE
- Iligan Light & Power Inc, Philippines
- Grasim Industreis Ltd - India
- Star Paper Mills Limited - India
- SMC Global Power, Philippines
- Eastern Energy - Thailand
- Indika Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- GAC Shipping (India) Pvt Ltd
- Billiton Holdings Pty Ltd - Australia
- San Jose City I Power Corp, Philippines
- CIMB Investment Bank - Malaysia
- Sical Logistics Limited - India
- Georgia Ports Authority, United States
- Chamber of Mines of South Africa
- Savvy Resources Ltd - HongKong
- Coal and Oil Company - UAE
- Ceylon Electricity Board - Sri Lanka
- IEA Clean Coal Centre - UK
- PetroVietnam Power Coal Import and Supply Company
- Uttam Galva Steels Limited - India
- Karaikal Port Pvt Ltd - India
- Ministry of Transport, Egypt
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