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