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Monday, 07 February 11
RICHARDS BAY COAL TERMINAL EXPORTS SURGE, BUOYED BY ECONOMIC DEVELOPMENT IN CHINA AND INDIA
COALspot.com - Richards Bay Coal Terminal (RBCT) announced today that 2010 exports have exceeded the last two years’ performance, said in a report posted on its website.
The coal terminal exported 63.43 million tons, 2.7% better than 2008 and 3.8% better than the 2009 performance. Exports in 2009 were 61.14 million tons and 61.7 million tons in 2008.
Raymond Chirwa, Chief Executive Officer of RBCT, said: “The significant changing factor is the major economic development happening in China and India, requiring more electrical power and coal inputs into their major factories.
“In 2009, we scrutinized our operational capabilities, focused on improving efficiencies and fine-tuning our supply chain. Thanks to stabilization and completion of our Phase V expansion project, we have been able to improve our performance which I am pleased about.”
In 2010, RBCT exported 59% to Asian markets and 25% went to European markets. Of the total (63.43 million tons), India and China imported 32% and 11% respectively. In 2009, 46% was exported to Europe, lower from 63% exported in 2008 while 41% went to Asian markets up from 18% exported in 2008; out of which 29% went to the Indian market up from 11% exported in 2008.
RBCT’s performance was achieved with slightly better railed tonnage at 62.86 million tons in 2010 as compared to 61 million tons in 2009.
Chirwa said he was concerned that railings, on average, continued to remain well below the planned tonnage of 65 million tons in 2010. The derailments, which occurred towards the end of last year, resulted in ships waiting for cargo as at 31 December 2010.
“This situation has also depleted our stocks to end at 1.7 million tons in 2010. This will have a definite impact on the first quarter exports.
“We hope 2011 will be a continued better year for exports as dependent on the efficiency and improvements of railings,” Chirwa said.
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Tuesday, 01 March 11
GANGAVARAM PORT, AN INDIAN MODERN PORT CREATES RECORD
COALspot.com - Gangavaram Port, the deepest and the most modern port in India creates yet another record by discharging 65349 MT Coking Coal in 24 h ...
Monday, 28 February 11
COAL INDIA HIKES PRICES BY 12% FOR SELECT CONSUMERS - ECONOMIC TIMES
Economic Times reported that, Coal India has raised prices by an average 12% for some of its consumers from Sunday, boosting its revenue by 6,000 cr ...
Saturday, 26 February 11
CIL TO HIKE COAL PRICES BY 15 PC FROM TONIGHT - THE TIMES OF INDIA
The Times of India reported that, an Indian State-run coal producer, Coal India will raise the price of coal on an average by about 15 per cent with ...
Saturday, 26 February 11
SUPRAMAX INDEX WAS UP ABOUT 10 PERCENT THIS WEEK - VISTAAR
COALspot.com - The market started on a weak note and seemed to have lost the momentum seen the previous week. The main sectors affected were Cape an ...
Saturday, 26 February 11
PEABODY ENERGY ENTERS INTO COAL SOURCING AGREEMENT ACCESSING INDONESIAN COAL FOR EXPORT
Peabody Energy today said it has entered into an agreement with Indonesia's PT Cahaya Energi Mandiri (CEM) to source 2 million tons of coal for Asi ...
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- Karaikal Port Pvt Ltd - India
- Vedanta Resources Plc - India
- Globalindo Alam Lestari - Indonesia
- Energy Link Ltd, New Zealand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indian Energy Exchange, India
- Intertek Mineral Services - Indonesia
- Bangladesh Power Developement Board
- San Jose City I Power Corp, Philippines
- Siam City Cement - Thailand
- Sindya Power Generating Company Private Ltd
- Merrill Lynch Commodities Europe
- Jaiprakash Power Ventures ltd
- SMG Consultants - Indonesia
- Minerals Council of Australia
- Carbofer General Trading SA - India
- Medco Energi Mining Internasional
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Mercuria Energy - Indonesia
- India Bulls Power Limited - India
- MS Steel International - UAE
- GN Power Mariveles Coal Plant, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ministry of Finance - Indonesia
- Coalindo Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- Bayan Resources Tbk. - Indonesia
- Parry Sugars Refinery, India
- TeaM Sual Corporation - Philippines
- Port Waratah Coal Services - Australia
- Directorate Of Revenue Intelligence - India
- Petrochimia International Co. Ltd.- Taiwan
- PowerSource Philippines DevCo
- Sarangani Energy Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Star Paper Mills Limited - India
- Borneo Indobara - Indonesia
- Eastern Energy - Thailand
- Gujarat Sidhee Cement - India
- Independent Power Producers Association of India
- Rashtriya Ispat Nigam Limited - India
- Agrawal Coal Company - India
- Coastal Gujarat Power Limited - India
- London Commodity Brokers - England
- Antam Resourcindo - Indonesia
- Ceylon Electricity Board - Sri Lanka
- PetroVietnam Power Coal Import and Supply Company
- Edison Trading Spa - Italy
- VISA Power Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Altura Mining Limited, Indonesia
- Latin American Coal - Colombia
- AsiaOL BioFuels Corp., Philippines
- White Energy Company Limited
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Goldman Sachs - Singapore
- GMR Energy Limited - India
- SN Aboitiz Power Inc, Philippines
- The State Trading Corporation of India Ltd
- Indo Tambangraya Megah - Indonesia
- Meralco Power Generation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Australian Coal Association
- Marubeni Corporation - India
- Gujarat Electricity Regulatory Commission - India
- Singapore Mercantile Exchange
- Bukit Baiduri Energy - Indonesia
- Coal and Oil Company - UAE
- Bhushan Steel Limited - India
- CNBM International Corporation - China
- Bukit Asam (Persero) Tbk - Indonesia
- Georgia Ports Authority, United States
- Interocean Group of Companies - India
- International Coal Ventures Pvt Ltd - India
- Mjunction Services Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Energy Development Corp, Philippines
- Global Green Power PLC Corporation, Philippines
- Parliament of New Zealand
- Billiton Holdings Pty Ltd - Australia
- Deloitte Consulting - India
- ICICI Bank Limited - India
- Sree Jayajothi Cements Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Gujarat Mineral Development Corp Ltd - India
- Ministry of Mines - Canada
- New Zealand Coal & Carbon
- Orica Australia Pty. Ltd.
- Neyveli Lignite Corporation Ltd, - India
- Bukit Makmur.PT - Indonesia
- Straits Asia Resources Limited - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Global Coal Blending Company Limited - Australia
- Videocon Industries ltd - India
- Samtan Co., Ltd - South Korea
- Oldendorff Carriers - Singapore
- Mercator Lines Limited - India
- Price Waterhouse Coopers - Russia
- Kumho Petrochemical, South Korea
- Metalloyd Limited - United Kingdom
- Therma Luzon, Inc, Philippines
- Indonesian Coal Mining Association
- Siam City Cement PLC, Thailand
- Wilmar Investment Holdings
- Power Finance Corporation Ltd., India
- Sinarmas Energy and Mining - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Bhoruka Overseas - Indonesia
- Ambuja Cements Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Renaissance Capital - South Africa
- South Luzon Thermal Energy Corporation
- Posco Energy - South Korea
- Pendopo Energi Batubara - Indonesia
- Eastern Coal Council - USA
- Salva Resources Pvt Ltd - India
- Australian Commodity Traders Exchange
- Planning Commission, India
- Makarim & Taira - Indonesia
- Sojitz Corporation - Japan
- IEA Clean Coal Centre - UK
- Bulk Trading Sa - Switzerland
- Baramulti Group, Indonesia
- Toyota Tsusho Corporation, Japan
- Asmin Koalindo Tuhup - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Iligan Light & Power Inc, Philippines
- Trasteel International SA, Italy
- CIMB Investment Bank - Malaysia
- Heidelberg Cement - Germany
- Holcim Trading Pte Ltd - Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Jindal Steel & Power Ltd - India
- Grasim Industreis Ltd - India
- Central Java Power - Indonesia
- Krishnapatnam Port Company Ltd. - India
- ASAPP Information Group - India
- Electricity Generating Authority of Thailand
- Kaltim Prima Coal - Indonesia
- Commonwealth Bank - Australia
- Meenaskhi Energy Private Limited - India
- Attock Cement Pakistan Limited
- Alfred C Toepfer International GmbH - Germany
- Anglo American - United Kingdom
- Banpu Public Company Limited - Thailand
- PNOC Exploration Corporation - Philippines
- Semirara Mining and Power Corporation, Philippines
- GVK Power & Infra Limited - India
- European Bulk Services B.V. - Netherlands
- Kideco Jaya Agung - Indonesia
- Ministry of Transport, Egypt
- Global Business Power Corporation, Philippines
- SMC Global Power, Philippines
- LBH Netherlands Bv - Netherlands
- Vizag Seaport Private Limited - India
- Bhatia International Limited - India
- Bharathi Cement Corporation - India
- Lanco Infratech Ltd - India
- Orica Mining Services - Indonesia
- Indogreen Group - Indonesia
- Romanian Commodities Exchange
- Chamber of Mines of South Africa
- Standard Chartered Bank - UAE
- Semirara Mining Corp, Philippines
- McConnell Dowell - Australia
- Economic Council, Georgia
- Sical Logistics Limited - India
- Africa Commodities Group - South Africa
- Larsen & Toubro Limited - India
- Cement Manufacturers Association - India
- IHS Mccloskey Coal Group - USA
- Indika Energy - Indonesia
- Madhucon Powers Ltd - India
- Essar Steel Hazira Ltd - India
- Electricity Authority, New Zealand
- Barasentosa Lestari - Indonesia
- Thai Mozambique Logistica
- Kobexindo Tractors - Indoneisa
- Uttam Galva Steels Limited - India
- Timah Investasi Mineral - Indoneisa
- Cigading International Bulk Terminal - Indonesia
- Manunggal Multi Energi - Indonesia
- Aboitiz Power Corporation - Philippines
- Simpson Spence & Young - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Tata Chemicals Ltd - India
- Indian Oil Corporation Limited
- Mintek Dendrill Indonesia
- Ind-Barath Power Infra Limited - India
- Central Electricity Authority - India
- Kalimantan Lumbung Energi - Indonesia
- Riau Bara Harum - Indonesia
- Chettinad Cement Corporation Ltd - India
- Sakthi Sugars Limited - India
- Thiess Contractors Indonesia
- PTC India Limited - India
- Wood Mackenzie - Singapore
- Rio Tinto Coal - Australia
- The Treasury - Australian Government
- Aditya Birla Group - India
- The University of Queensland
- Kepco SPC Power Corporation, Philippines
- Dalmia Cement Bharat India
- GAC Shipping (India) Pvt Ltd
- Kohat Cement Company Ltd. - Pakistan
- Xindia Steels Limited - India
- Miang Besar Coal Terminal - Indonesia
- Tamil Nadu electricity Board
- Maheswari Brothers Coal Limited - India
- Binh Thuan Hamico - Vietnam
- Malabar Cements Ltd - India
- Petron Corporation, Philippines
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