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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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Saturday, 26 November 11
THE FREIGHT MARKETS EXPECTED TO BE STEADY NEXT WEEK - VISTAAR
COALspot.com - The market were down probably with the sentiments of global financial markets and all segments were down.
The BDI was up down by 4 ...
Friday, 25 November 11
DISPUTE BETWEEN GIANT MINING FIRMS ENDS IN LAHAT - THE JAKARTA POST
The Jakarta Post reported that, prolonged dispute taking place in the South Sumatra regency of Lahat and involving two giant mining companies PT Buk ...
Friday, 25 November 11
DRY BULK MARKET LOSING STEAM, FAST - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
It’s been a week of falls for the dry bulk market this one, leaving ship owners with a sour taste in their mouths, as evidence of a recovery i ...
Thursday, 24 November 11
INDONESIA/INDIA SPMX TC AROUND $ 7/8K AND AROUND $ 12/13.00 PMTS ON VOYAGE BASIS - FEARNLEYS
Handy
Last week ended on a positive note in the Atlantic however the activity levels are somewhat reduced. Owners are asking in excess of USD ...
Thursday, 24 November 11
DRY BULK MARKET KEEPS LOSING STEAM - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market was lower once again on Wednesday, with the industry’s benchmark, the Baltic Dry Index (BDI) ending the session down by 1. ...
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- Meralco Power Generation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Mjunction Services Limited - India
- Rashtriya Ispat Nigam Limited - India
- Thiess Contractors Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Eastern Energy - Thailand
- IEA Clean Coal Centre - UK
- Karbindo Abesyapradhi - Indoneisa
- Semirara Mining and Power Corporation, Philippines
- CNBM International Corporation - China
- Altura Mining Limited, Indonesia
- Latin American Coal - Colombia
- Cigading International Bulk Terminal - Indonesia
- Siam City Cement - Thailand
- Posco Energy - South Korea
- Marubeni Corporation - India
- TeaM Sual Corporation - Philippines
- Intertek Mineral Services - Indonesia
- Mintek Dendrill Indonesia
- Videocon Industries ltd - India
- Xindia Steels Limited - India
- Therma Luzon, Inc, Philippines
- Straits Asia Resources Limited - Singapore
- Samtan Co., Ltd - South Korea
- Electricity Generating Authority of Thailand
- Indian Energy Exchange, India
- Kideco Jaya Agung - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Grasim Industreis Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Parliament of New Zealand
- Oldendorff Carriers - Singapore
- Renaissance Capital - South Africa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Global Coal Blending Company Limited - Australia
- Kalimantan Lumbung Energi - Indonesia
- Port Waratah Coal Services - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ambuja Cements Ltd - India
- SMG Consultants - Indonesia
- Coalindo Energy - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Tata Chemicals Ltd - India
- Indo Tambangraya Megah - Indonesia
- Australian Commodity Traders Exchange
- Wood Mackenzie - Singapore
- Orica Mining Services - Indonesia
- Petron Corporation, Philippines
- Independent Power Producers Association of India
- Bhatia International Limited - India
- International Coal Ventures Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Thai Mozambique Logistica
- Toyota Tsusho Corporation, Japan
- Kepco SPC Power Corporation, Philippines
- Wilmar Investment Holdings
- Georgia Ports Authority, United States
- Medco Energi Mining Internasional
- Bulk Trading Sa - Switzerland
- Bhoruka Overseas - Indonesia
- Price Waterhouse Coopers - Russia
- The Treasury - Australian Government
- Aboitiz Power Corporation - Philippines
- The University of Queensland
- IHS Mccloskey Coal Group - USA
- Malabar Cements Ltd - India
- Essar Steel Hazira Ltd - India
- Gujarat Sidhee Cement - India
- Tamil Nadu electricity Board
- Gujarat Electricity Regulatory Commission - India
- New Zealand Coal & Carbon
- SN Aboitiz Power Inc, Philippines
- Banpu Public Company Limited - Thailand
- London Commodity Brokers - England
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- India Bulls Power Limited - India
- Borneo Indobara - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Alfred C Toepfer International GmbH - Germany
- ICICI Bank Limited - India
- Binh Thuan Hamico - Vietnam
- Bank of Tokyo Mitsubishi UFJ Ltd
- GMR Energy Limited - India
- Kobexindo Tractors - Indoneisa
- Sical Logistics Limited - India
- Jindal Steel & Power Ltd - India
- Interocean Group of Companies - India
- Agrawal Coal Company - India
- Pipit Mutiara Jaya. PT, Indonesia
- Leighton Contractors Pty Ltd - Australia
- Merrill Lynch Commodities Europe
- Billiton Holdings Pty Ltd - Australia
- Maheswari Brothers Coal Limited - India
- Kumho Petrochemical, South Korea
- Sojitz Corporation - Japan
- Romanian Commodities Exchange
- Cement Manufacturers Association - India
- Energy Link Ltd, New Zealand
- Bangladesh Power Developement Board
- Parry Sugars Refinery, India
- Formosa Plastics Group - Taiwan
- Commonwealth Bank - Australia
- PowerSource Philippines DevCo
- Sree Jayajothi Cements Limited - India
- Bukit Baiduri Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- Mercator Lines Limited - India
- Energy Development Corp, Philippines
- Ministry of Finance - Indonesia
- Australian Coal Association
- Vijayanagar Sugar Pvt Ltd - India
- Global Business Power Corporation, Philippines
- SMC Global Power, Philippines
- Savvy Resources Ltd - HongKong
- Indika Energy - Indonesia
- Jaiprakash Power Ventures ltd
- Electricity Authority, New Zealand
- Bayan Resources Tbk. - Indonesia
- Aditya Birla Group - India
- Bukit Makmur.PT - Indonesia
- Iligan Light & Power Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Globalindo Alam Lestari - Indonesia
- Ministry of Mines - Canada
- VISA Power Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Lanco Infratech Ltd - India
- Larsen & Toubro Limited - India
- Africa Commodities Group - South Africa
- Sarangani Energy Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Standard Chartered Bank - UAE
- Singapore Mercantile Exchange
- Sinarmas Energy and Mining - Indonesia
- Dalmia Cement Bharat India
- Bharathi Cement Corporation - India
- Trasteel International SA, Italy
- Riau Bara Harum - Indonesia
- Coastal Gujarat Power Limited - India
- Anglo American - United Kingdom
- ASAPP Information Group - India
- Sakthi Sugars Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Heidelberg Cement - Germany
- Kapuas Tunggal Persada - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Rio Tinto Coal - Australia
- Kartika Selabumi Mining - Indonesia
- South Luzon Thermal Energy Corporation
- Maharashtra Electricity Regulatory Commission - India
- Bhushan Steel Limited - India
- Barasentosa Lestari - Indonesia
- Attock Cement Pakistan Limited
- Makarim & Taira - Indonesia
- Vizag Seaport Private Limited - India
- Miang Besar Coal Terminal - Indonesia
- Metalloyd Limited - United Kingdom
- Semirara Mining Corp, Philippines
- Siam City Cement PLC, Thailand
- Neyveli Lignite Corporation Ltd, - India
- Indogreen Group - Indonesia
- Eastern Coal Council - USA
- Bukit Asam (Persero) Tbk - Indonesia
- Planning Commission, India
- GN Power Mariveles Coal Plant, Philippines
- Global Green Power PLC Corporation, Philippines
- PTC India Limited - India
- Chettinad Cement Corporation Ltd - India
- Edison Trading Spa - Italy
- Asmin Koalindo Tuhup - Indonesia
- Mercuria Energy - Indonesia
- Star Paper Mills Limited - India
- Karaikal Port Pvt Ltd - India
- Chamber of Mines of South Africa
- Economic Council, Georgia
- White Energy Company Limited
- Sindya Power Generating Company Private Ltd
- Krishnapatnam Port Company Ltd. - India
- Ceylon Electricity Board - Sri Lanka
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- The State Trading Corporation of India Ltd
- European Bulk Services B.V. - Netherlands
- McConnell Dowell - Australia
- Indian Oil Corporation Limited
- CIMB Investment Bank - Malaysia
- Salva Resources Pvt Ltd - India
- Minerals Council of Australia
- Coal and Oil Company - UAE
- Ind-Barath Power Infra Limited - India
- GVK Power & Infra Limited - India
- Directorate Of Revenue Intelligence - India
- Central Electricity Authority - India
- GAC Shipping (India) Pvt Ltd
- Kaltim Prima Coal - Indonesia
- MS Steel International - UAE
- Deloitte Consulting - India
- Carbofer General Trading SA - India
- Power Finance Corporation Ltd., India
- Meenaskhi Energy Private Limited - India
- Simpson Spence & Young - Indonesia
- Indonesian Coal Mining Association
- Uttam Galva Steels Limited - India
- Madhucon Powers Ltd - India
- OPG Power Generation Pvt Ltd - India
- Baramulti Group, Indonesia
- Central Java Power - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Antam Resourcindo - Indonesia
- PNOC Exploration Corporation - Philippines
- Ministry of Transport, Egypt
- Kohat Cement Company Ltd. - Pakistan
- Vedanta Resources Plc - India
- Gujarat Mineral Development Corp Ltd - India
- Orica Australia Pty. Ltd.
- Goldman Sachs - Singapore
- Manunggal Multi Energi - Indonesia
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