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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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Thursday, 17 February 11
UNCERTAINTY AND VOLATILITY - FEARNBULK
Handy
Recovering market as evidenced by the solid USD 16k/day achieved by a handymax from Continent to east Med with scrap. More short period requ ...
Tuesday, 15 February 11
INDONESIAN COAL FOR HARYANA THERMAL PLANTS - PUNJAB NEWS LINE
To tide over the recurring coal shortage at thermal plants Haryana Power Generation Corporation Limited (HPGCL) has gone for Malaysian coal for its ...
Tuesday, 15 February 11
TONNAGE OVERSUPPLY TO CHOKE FREIGHT RATES IN THE COMING MONTHS SAYS BIMCO - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In a new report assessing the dry bulk market, BIMCO’s analysis suggests that freight rates for Capesize vessels are likely to remain depresse ...
Sunday, 13 February 11
COAL MARKETS 2011 TO HIGHLIGHT INDONESIAN COAL AND NEW SOURCES OF COAL SUPPLY
“Over 300 senior decision-makers from coal mining, power and trading companies expected to congregate in Singapore”
Press Release - K ...
Sunday, 13 February 11
YEAR OF RABBIT PUSHING FREIGHT MARKET UP
COALspot.com – “The market finally moved up with firmness in all sectors with some positive signs of markets recovering”, said Cap ...
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- Ceylon Electricity Board - Sri Lanka
- Port Waratah Coal Services - Australia
- Kohat Cement Company Ltd. - Pakistan
- Mercator Lines Limited - India
- Siam City Cement PLC, Thailand
- Parry Sugars Refinery, India
- LBH Netherlands Bv - Netherlands
- Global Green Power PLC Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Karaikal Port Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Anglo American - United Kingdom
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- Tata Chemicals Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- New Zealand Coal & Carbon
- Grasim Industreis Ltd - India
- Ministry of Transport, Egypt
- PTC India Limited - India
- Barasentosa Lestari - Indonesia
- ASAPP Information Group - India
- Holcim Trading Pte Ltd - Singapore
- Intertek Mineral Services - Indonesia
- Attock Cement Pakistan Limited
- Meenaskhi Energy Private Limited - India
- Xindia Steels Limited - India
- Commonwealth Bank - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Australian Coal Association
- Energy Link Ltd, New Zealand
- Independent Power Producers Association of India
- Meralco Power Generation, Philippines
- Mercuria Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Rashtriya Ispat Nigam Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- South Luzon Thermal Energy Corporation
- Bulk Trading Sa - Switzerland
- Bahari Cakrawala Sebuku - Indonesia
- TeaM Sual Corporation - Philippines
- Makarim & Taira - Indonesia
- Uttam Galva Steels Limited - India
- Indogreen Group - Indonesia
- Bhushan Steel Limited - India
- GMR Energy Limited - India
- Price Waterhouse Coopers - Russia
- GVK Power & Infra Limited - India
- AsiaOL BioFuels Corp., Philippines
- Manunggal Multi Energi - Indonesia
- Agrawal Coal Company - India
- Salva Resources Pvt Ltd - India
- Sical Logistics Limited - India
- Sojitz Corporation - Japan
- Vizag Seaport Private Limited - India
- CNBM International Corporation - China
- Semirara Mining Corp, Philippines
- Therma Luzon, Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- Australian Commodity Traders Exchange
- Toyota Tsusho Corporation, Japan
- PowerSource Philippines DevCo
- Alfred C Toepfer International GmbH - Germany
- Kumho Petrochemical, South Korea
- VISA Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- Indonesian Coal Mining Association
- SMC Global Power, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Latin American Coal - Colombia
- Posco Energy - South Korea
- Metalloyd Limited - United Kingdom
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kepco SPC Power Corporation, Philippines
- Wilmar Investment Holdings
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- Renaissance Capital - South Africa
- Georgia Ports Authority, United States
- Energy Development Corp, Philippines
- Ind-Barath Power Infra Limited - India
- The Treasury - Australian Government
- Semirara Mining and Power Corporation, Philippines
- Aditya Birla Group - India
- SN Aboitiz Power Inc, Philippines
- Siam City Cement - Thailand
- Lanco Infratech Ltd - India
- Marubeni Corporation - India
- Mjunction Services Limited - India
- Thiess Contractors Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Thai Mozambique Logistica
- Miang Besar Coal Terminal - Indonesia
- Electricity Generating Authority of Thailand
- Star Paper Mills Limited - India
- Romanian Commodities Exchange
- White Energy Company Limited
- Antam Resourcindo - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Kideco Jaya Agung - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Altura Mining Limited, Indonesia
- Eastern Coal Council - USA
- Deloitte Consulting - India
- Power Finance Corporation Ltd., India
- SMG Consultants - Indonesia
- Africa Commodities Group - South Africa
- Karbindo Abesyapradhi - Indoneisa
- Wood Mackenzie - Singapore
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- Carbofer General Trading SA - India
- Bukit Asam (Persero) Tbk - Indonesia
- Tamil Nadu electricity Board
- Economic Council, Georgia
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- CIMB Investment Bank - Malaysia
- Chamber of Mines of South Africa
- Kalimantan Lumbung Energi - Indonesia
- Essar Steel Hazira Ltd - India
- Sree Jayajothi Cements Limited - India
- ICICI Bank Limited - India
- Merrill Lynch Commodities Europe
- Minerals Council of Australia
- Chettinad Cement Corporation Ltd - India
- Central Java Power - Indonesia
- The University of Queensland
- Coastal Gujarat Power Limited - India
- Coal and Oil Company - UAE
- Bhoruka Overseas - Indonesia
- Formosa Plastics Group - Taiwan
- Pendopo Energi Batubara - Indonesia
- Edison Trading Spa - Italy
- Sakthi Sugars Limited - India
- IEA Clean Coal Centre - UK
- Leighton Contractors Pty Ltd - Australia
- Straits Asia Resources Limited - Singapore
- Maheswari Brothers Coal Limited - India
- International Coal Ventures Pvt Ltd - India
- MS Steel International - UAE
- Medco Energi Mining Internasional
- Bharathi Cement Corporation - India
- Timah Investasi Mineral - Indoneisa
- Bayan Resources Tbk. - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Orica Mining Services - Indonesia
- Planning Commission, India
- San Jose City I Power Corp, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Iligan Light & Power Inc, Philippines
- Ministry of Mines - Canada
- Riau Bara Harum - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Savvy Resources Ltd - HongKong
- Heidelberg Cement - Germany
- Sindya Power Generating Company Private Ltd
- European Bulk Services B.V. - Netherlands
- IHS Mccloskey Coal Group - USA
- Binh Thuan Hamico - Vietnam
- Gujarat Sidhee Cement - India
- Asmin Koalindo Tuhup - Indonesia
- India Bulls Power Limited - India
- Indika Energy - Indonesia
- Cement Manufacturers Association - India
- Jindal Steel & Power Ltd - India
- Bukit Baiduri Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- Samtan Co., Ltd - South Korea
- Borneo Indobara - Indonesia
- Ambuja Cements Ltd - India
- Singapore Mercantile Exchange
- Orica Australia Pty. Ltd.
- Petrochimia International Co. Ltd.- Taiwan
- Videocon Industries ltd - India
- Madhucon Powers Ltd - India
- Goldman Sachs - Singapore
- The State Trading Corporation of India Ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Eastern Energy - Thailand
- Dalmia Cement Bharat India
- Jaiprakash Power Ventures ltd
- Standard Chartered Bank - UAE
- Global Coal Blending Company Limited - Australia
- Indian Energy Exchange, India
- Jorong Barutama Greston.PT - Indonesia
- Larsen & Toubro Limited - India
- GAC Shipping (India) Pvt Ltd
- Vijayanagar Sugar Pvt Ltd - India
- Interocean Group of Companies - India
- Global Business Power Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Vedanta Resources Plc - India
- Parliament of New Zealand
- Coalindo Energy - Indonesia
- Banpu Public Company Limited - Thailand
- Directorate Of Revenue Intelligence - India
- Kapuas Tunggal Persada - Indonesia
- Bhatia International Limited - India
- Ministry of Finance - Indonesia
- Central Electricity Authority - India
- OPG Power Generation Pvt Ltd - India
- McConnell Dowell - Australia
- Bangladesh Power Developement Board
- Globalindo Alam Lestari - Indonesia
- PNOC Exploration Corporation - Philippines
- Krishnapatnam Port Company Ltd. - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Malabar Cements Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Mintek Dendrill Indonesia
- Oldendorff Carriers - Singapore
- Electricity Authority, New Zealand
- Petron Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Indian Oil Corporation Limited
- Kobexindo Tractors - Indoneisa
- Trasteel International SA, Italy
- Sarangani Energy Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Baramulti Group, Indonesia
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