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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 $58.50 a ton in the week ended May 1, according to Petersfield, England-based McCloskey Group.
The terminal in north eastern South Africa is owned by South Africa’s largest coal exporters, including Anglo American Plc, BHP Billiton Ltd. and Xstrata Plc. It is the biggest source of coal for European power plants.
Sixty-eight ships were loaded during the month and 572 trains arrived at the facility, RBCT said. It received 5.27 million tons of the fuel by rail.
Falling Shipments
At its current shipment rate Richards Bay will export 56.77 million tons of coal this year compared with a capacity of 76 million tons, expanding to 91 million tons by July. When that expansion is complete Richards Bay will be the world’s single biggest coal export facility.
Richards Bay’s shipments this year are likely to be below those last year, Prevost said, adding that he doesn’t expect substantial improvement in demand in 2009. The terminal shipped 61.79 million tons in 2008 compared with 66.16 million tons the year earlier. Exports were reduced by derailments and increased competition for supplies from power utility Eskom Holdings Ltd.
Terry Howarth, the chief executive officer of the terminal, wasn’t immediately available when his office was called.
Transnet Ltd., which operates South Africa’s railways, will close one of two lines to the terminal from May 4-13 for Xavier maintenance.
Source: http://www.bloomberg.com/apps/news?pid=20601116&sid=ahn8lGylbYKg&refer=africa
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Tuesday, 22 November 11
NTPC TO BUY 2 MMT OF IMPORTED COAL FOR ITS FOUR PLANTS
COALspot.com - NTPC Limited, incorporated in 1975 as a public sector company wholly owned by Government of India, the largest thermal power generati ...
Tuesday, 22 November 11
ABM INVESTAMA SETS IPO AT RP 3,750
Insider Stories reported that, Integrated energy company PT ABM Investama Tbk has determined the IPO price at Rp3,750 (approximately US$ 0.415) per ...
Tuesday, 22 November 11
A SURPRISINGLY STRONG WEEK FOR THE CAPES - BRS
Positive gains for most of the segments this week, the exception being the Handysizes. Overall the BDI ended the week at 1,895 points (+3.3% week-on ...
Tuesday, 22 November 11
APPETITE FOR DRY BULK VESSELS SLOWS DOWN AT THE START OF THE WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market was down at the beginning of the week, as demand for Capesize vessels was particularly low. The industry’s benchmark, the ...
Monday, 21 November 11
CAPESIZES DRIVE MARKET LOWER, ANALYSTS DIVIDED ON DRY BULK OUTLOOK IN THE LONG RUN - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market ended the week on a sour note, with the industry’s benchmark heading downwards to 1,895 points, which represented a slight ...
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- Siam City Cement PLC, Thailand
- Semirara Mining and Power Corporation, Philippines
- Carbofer General Trading SA - India
- Star Paper Mills Limited - India
- Larsen & Toubro Limited - India
- Eastern Coal Council - USA
- Bank of Tokyo Mitsubishi UFJ Ltd
- Directorate General of MIneral and Coal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Metalloyd Limited - United Kingdom
- Minerals Council of Australia
- Vijayanagar Sugar Pvt Ltd - India
- Parliament of New Zealand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bhushan Steel Limited - India
- ASAPP Information Group - India
- Cement Manufacturers Association - India
- Gujarat Sidhee Cement - India
- Kepco SPC Power Corporation, Philippines
- Goldman Sachs - Singapore
- Chettinad Cement Corporation Ltd - India
- Indogreen Group - Indonesia
- India Bulls Power Limited - India
- Vedanta Resources Plc - India
- Sree Jayajothi Cements Limited - India
- Dalmia Cement Bharat India
- Toyota Tsusho Corporation, Japan
- Timah Investasi Mineral - Indoneisa
- Bukit Asam (Persero) Tbk - Indonesia
- Interocean Group of Companies - India
- Sakthi Sugars Limited - India
- The State Trading Corporation of India Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Edison Trading Spa - Italy
- Oldendorff Carriers - Singapore
- Global Coal Blending Company Limited - Australia
- Karaikal Port Pvt Ltd - India
- Bhatia International Limited - India
- Indian Energy Exchange, India
- Ind-Barath Power Infra Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Directorate Of Revenue Intelligence - India
- Renaissance Capital - South Africa
- Eastern Energy - Thailand
- Thai Mozambique Logistica
- Global Green Power PLC Corporation, Philippines
- CNBM International Corporation - China
- Aditya Birla Group - India
- Alfred C Toepfer International GmbH - Germany
- Marubeni Corporation - India
- Bukit Makmur.PT - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Grasim Industreis Ltd - India
- Indonesian Coal Mining Association
- Wilmar Investment Holdings
- Semirara Mining Corp, Philippines
- Trasteel International SA, Italy
- Uttam Galva Steels Limited - India
- Altura Mining Limited, Indonesia
- Makarim & Taira - Indonesia
- Therma Luzon, Inc, Philippines
- Economic Council, Georgia
- Electricity Authority, New Zealand
- Indo Tambangraya Megah - Indonesia
- Intertek Mineral Services - Indonesia
- Kideco Jaya Agung - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Madhucon Powers Ltd - India
- Barasentosa Lestari - Indonesia
- Bhoruka Overseas - Indonesia
- Formosa Plastics Group - Taiwan
- Kaltim Prima Coal - Indonesia
- LBH Netherlands Bv - Netherlands
- Energy Link Ltd, New Zealand
- Coalindo Energy - Indonesia
- Sical Logistics Limited - India
- Bulk Trading Sa - Switzerland
- Vizag Seaport Private Limited - India
- Cigading International Bulk Terminal - Indonesia
- Central Java Power - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Aboitiz Power Corporation - Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Independent Power Producers Association of India
- Indian Oil Corporation Limited
- Meenaskhi Energy Private Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- International Coal Ventures Pvt Ltd - India
- London Commodity Brokers - England
- SN Aboitiz Power Inc, Philippines
- Savvy Resources Ltd - HongKong
- Planning Commission, India
- IEA Clean Coal Centre - UK
- Kobexindo Tractors - Indoneisa
- Australian Commodity Traders Exchange
- Commonwealth Bank - Australia
- Coastal Gujarat Power Limited - India
- Sinarmas Energy and Mining - Indonesia
- ICICI Bank Limited - India
- SMG Consultants - Indonesia
- GVK Power & Infra Limited - India
- Antam Resourcindo - Indonesia
- VISA Power Limited - India
- SMC Global Power, Philippines
- PowerSource Philippines DevCo
- San Jose City I Power Corp, Philippines
- Krishnapatnam Port Company Ltd. - India
- GN Power Mariveles Coal Plant, Philippines
- Bharathi Cement Corporation - India
- Georgia Ports Authority, United States
- Romanian Commodities Exchange
- Kalimantan Lumbung Energi - Indonesia
- Maheswari Brothers Coal Limited - India
- The University of Queensland
- PNOC Exploration Corporation - Philippines
- CIMB Investment Bank - Malaysia
- Mercator Lines Limited - India
- Kartika Selabumi Mining - Indonesia
- Energy Development Corp, Philippines
- PTC India Limited - India
- Bangladesh Power Developement Board
- The Treasury - Australian Government
- Bahari Cakrawala Sebuku - Indonesia
- Attock Cement Pakistan Limited
- Siam City Cement - Thailand
- Chamber of Mines of South Africa
- Globalindo Alam Lestari - Indonesia
- European Bulk Services B.V. - Netherlands
- Banpu Public Company Limited - Thailand
- Indika Energy - Indonesia
- Salva Resources Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Australian Coal Association
- Kumho Petrochemical, South Korea
- Kohat Cement Company Ltd. - Pakistan
- GMR Energy Limited - India
- Borneo Indobara - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Malabar Cements Ltd - India
- Tamil Nadu electricity Board
- South Luzon Thermal Energy Corporation
- Deloitte Consulting - India
- Petron Corporation, Philippines
- Mintek Dendrill Indonesia
- Binh Thuan Hamico - Vietnam
- Xindia Steels Limited - India
- Leighton Contractors Pty Ltd - Australia
- Bayan Resources Tbk. - Indonesia
- Samtan Co., Ltd - South Korea
- Miang Besar Coal Terminal - Indonesia
- Standard Chartered Bank - UAE
- Anglo American - United Kingdom
- Sindya Power Generating Company Private Ltd
- GAC Shipping (India) Pvt Ltd
- White Energy Company Limited
- Offshore Bulk Terminal Pte Ltd, Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Medco Energi Mining Internasional
- Electricity Generating Authority of Thailand
- Mercuria Energy - Indonesia
- Ministry of Mines - Canada
- Singapore Mercantile Exchange
- Videocon Industries ltd - India
- Central Electricity Authority - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Ambuja Cements Ltd - India
- Global Business Power Corporation, Philippines
- Coal and Oil Company - UAE
- Baramulti Group, Indonesia
- Jindal Steel & Power Ltd - India
- McConnell Dowell - Australia
- Ministry of Transport, Egypt
- Karbindo Abesyapradhi - Indoneisa
- Posco Energy - South Korea
- Rio Tinto Coal - Australia
- Mjunction Services Limited - India
- Parry Sugars Refinery, India
- Sojitz Corporation - Japan
- TNB Fuel Sdn Bhd - Malaysia
- Pendopo Energi Batubara - Indonesia
- OPG Power Generation Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Manunggal Multi Energi - Indonesia
- MS Steel International - UAE
- Riau Bara Harum - Indonesia
- Straits Asia Resources Limited - Singapore
- Thiess Contractors Indonesia
- Lanco Infratech Ltd - India
- Agrawal Coal Company - India
- Simpson Spence & Young - Indonesia
- Power Finance Corporation Ltd., India
- Meralco Power Generation, Philippines
- Latin American Coal - Colombia
- New Zealand Coal & Carbon
- Port Waratah Coal Services - Australia
- Maharashtra Electricity Regulatory Commission - India
- Africa Commodities Group - South Africa
- TeaM Sual Corporation - Philippines
- Tata Chemicals Ltd - India
- Bukit Baiduri Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Holcim Trading Pte Ltd - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Heidelberg Cement - Germany
- Orica Mining Services - Indonesia
- Iligan Light & Power Inc, Philippines
- Sarangani Energy Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Essar Steel Hazira Ltd - India
- Wood Mackenzie - Singapore
- Jaiprakash Power Ventures ltd
- IHS Mccloskey Coal Group - USA
- Ministry of Finance - Indonesia
- Merrill Lynch Commodities Europe
- Neyveli Lignite Corporation Ltd, - India
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