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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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Monday, 07 February 11
RBCT SHIPPED 28.67 PERCENT LESS COAL IN JANUARY
COALspot.com - Richards Bay Coal Terminal (RBCT) is the single largest export coal terminal in the world, shipped 4,389,925 MT of coal in January 20 ...
Sunday, 06 February 11
THE PANAMAX & SUPRAMAX FUTURES FOR 2011-2013 WAS AT AROUND US$ 16,500 & US$ 15,000 PER DAY RESPECTIVELY
COALspot.com - With the Chinese new year holidays this week, the market has been fairly quite as expected.
The BDI saw a bigger drop compared to ...
Saturday, 05 February 11
INDONESIAN ENERGY MINISTER HAS SIGNED A DECREE FOR COAL TRANSPORTATION PERMITS ON FRIDAY
COALspot.com - Minister of Energy, Darwin Minister Saleh said, that, he had signed a decree for transportation and sale of coal, which was the ...
Saturday, 05 February 11
ANCHORAGE LOADING POINT MOVED TO MUARA JAWA
COALspot.com - The Ministry of Transportation Republic Indonesia has announced that, the loading point at Muara Berau, East kalimantan h ...
Friday, 04 February 11
PERTAMINA DENIES KAREN AGUSTIAWAN RESIGNS FROM PERTAMINA
COALspot.com - The President Director of PT Pertamina, Karen Agustiawan reportedly will replace Darwin Saleh as Minister of Energy and Mineral Resou ...
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- Marubeni Corporation - India
- Semirara Mining and Power Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Sindya Power Generating Company Private Ltd
- Leighton Contractors Pty Ltd - Australia
- Ministry of Transport, Egypt
- Essar Steel Hazira Ltd - India
- Baramulti Group, Indonesia
- Bhushan Steel Limited - India
- Maharashtra Electricity Regulatory Commission - India
- ASAPP Information Group - India
- Samtan Co., Ltd - South Korea
- Posco Energy - South Korea
- Makarim & Taira - Indonesia
- Energy Development Corp, Philippines
- Krishnapatnam Port Company Ltd. - India
- Singapore Mercantile Exchange
- Port Waratah Coal Services - Australia
- Central Electricity Authority - India
- Renaissance Capital - South Africa
- SMC Global Power, Philippines
- Xindia Steels Limited - India
- TeaM Sual Corporation - Philippines
- CNBM International Corporation - China
- Mjunction Services Limited - India
- Eastern Energy - Thailand
- Deloitte Consulting - India
- Intertek Mineral Services - Indonesia
- Ministry of Mines - Canada
- Planning Commission, India
- Bukit Asam (Persero) Tbk - Indonesia
- Electricity Generating Authority of Thailand
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- Neyveli Lignite Corporation Ltd, - India
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- IEA Clean Coal Centre - UK
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- Orica Australia Pty. Ltd.
- Sarangani Energy Corporation, Philippines
- Agrawal Coal Company - India
- Coastal Gujarat Power Limited - India
- GAC Shipping (India) Pvt Ltd
- Banpu Public Company Limited - Thailand
- Star Paper Mills Limited - India
- Global Coal Blending Company Limited - Australia
- SN Aboitiz Power Inc, Philippines
- Ministry of Finance - Indonesia
- McConnell Dowell - Australia
- International Coal Ventures Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Edison Trading Spa - Italy
- Tata Chemicals Ltd - India
- The University of Queensland
- Antam Resourcindo - Indonesia
- Indika Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Bhoruka Overseas - Indonesia
- Malabar Cements Ltd - India
- Directorate Of Revenue Intelligence - India
- Barasentosa Lestari - Indonesia
- Dalmia Cement Bharat India
- Ceylon Electricity Board - Sri Lanka
- Madhucon Powers Ltd - India
- Parliament of New Zealand
- Chamber of Mines of South Africa
- Iligan Light & Power Inc, Philippines
- Georgia Ports Authority, United States
- Coalindo Energy - Indonesia
- Indonesian Coal Mining Association
- Gujarat Sidhee Cement - India
- Rio Tinto Coal - Australia
- OPG Power Generation Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kepco SPC Power Corporation, Philippines
- Central Java Power - Indonesia
- Grasim Industreis Ltd - India
- Wood Mackenzie - Singapore
- Uttam Galva Steels Limited - India
- Formosa Plastics Group - Taiwan
- Globalindo Alam Lestari - Indonesia
- Kaltim Prima Coal - Indonesia
- Minerals Council of Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sakthi Sugars Limited - India
- Medco Energi Mining Internasional
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Altura Mining Limited, Indonesia
- Ind-Barath Power Infra Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Chettinad Cement Corporation Ltd - India
- Power Finance Corporation Ltd., India
- Bhatia International Limited - India
- Australian Commodity Traders Exchange
- The State Trading Corporation of India Ltd
- Eastern Coal Council - USA
- VISA Power Limited - India
- Anglo American - United Kingdom
- Standard Chartered Bank - UAE
- Metalloyd Limited - United Kingdom
- Karaikal Port Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Indian Oil Corporation Limited
- Karbindo Abesyapradhi - Indoneisa
- Meenaskhi Energy Private Limited - India
- LBH Netherlands Bv - Netherlands
- Aditya Birla Group - India
- Interocean Group of Companies - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Wilmar Investment Holdings
- Riau Bara Harum - Indonesia
- India Bulls Power Limited - India
- South Luzon Thermal Energy Corporation
- Semirara Mining Corp, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Romanian Commodities Exchange
- Sical Logistics Limited - India
- Rashtriya Ispat Nigam Limited - India
- Savvy Resources Ltd - HongKong
- Indogreen Group - Indonesia
- Jindal Steel & Power Ltd - India
- Energy Link Ltd, New Zealand
- Jaiprakash Power Ventures ltd
- PTC India Limited - India
- Trasteel International SA, Italy
- Sree Jayajothi Cements Limited - India
- Commonwealth Bank - Australia
- Kobexindo Tractors - Indoneisa
- Latin American Coal - Colombia
- MS Steel International - UAE
- Sinarmas Energy and Mining - Indonesia
- Parry Sugars Refinery, India
- Bharathi Cement Corporation - India
- Bukit Makmur.PT - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- ICICI Bank Limited - India
- CIMB Investment Bank - Malaysia
- London Commodity Brokers - England
- Straits Asia Resources Limited - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Siam City Cement - Thailand
- Petron Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Goldman Sachs - Singapore
- New Zealand Coal & Carbon
- Videocon Industries ltd - India
- Bukit Baiduri Energy - Indonesia
- Sojitz Corporation - Japan
- Salva Resources Pvt Ltd - India
- Coal and Oil Company - UAE
- Merrill Lynch Commodities Europe
- Vijayanagar Sugar Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Simpson Spence & Young - Indonesia
- Ambuja Cements Ltd - India
- Therma Luzon, Inc, Philippines
- Attock Cement Pakistan Limited
- Africa Commodities Group - South Africa
- Lanco Infratech Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Holcim Trading Pte Ltd - Singapore
- White Energy Company Limited
- Bangladesh Power Developement Board
- Tamil Nadu electricity Board
- PNOC Exploration Corporation - Philippines
- Mercator Lines Limited - India
- Bayan Resources Tbk. - Indonesia
- Meralco Power Generation, Philippines
- Electricity Authority, New Zealand
- Mercuria Energy - Indonesia
- Thiess Contractors Indonesia
- Carbofer General Trading SA - India
- Independent Power Producers Association of India
- IHS Mccloskey Coal Group - USA
- Economic Council, Georgia
- San Jose City I Power Corp, Philippines
- Oldendorff Carriers - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indian Energy Exchange, India
- Alfred C Toepfer International GmbH - Germany
- Gujarat Mineral Development Corp Ltd - India
- Australian Coal Association
- Bahari Cakrawala Sebuku - Indonesia
- Pendopo Energi Batubara - Indonesia
- Timah Investasi Mineral - Indoneisa
- Kohat Cement Company Ltd. - Pakistan
- Miang Besar Coal Terminal - Indonesia
- Mintek Dendrill Indonesia
- Kapuas Tunggal Persada - Indonesia
- Manunggal Multi Energi - Indonesia
- Aboitiz Power Corporation - Philippines
- Billiton Holdings Pty Ltd - Australia
- PetroVietnam Power Coal Import and Supply Company
- GVK Power & Infra Limited - India
- Siam City Cement PLC, Thailand
- Cement Manufacturers Association - India
- Kideco Jaya Agung - Indonesia
- Price Waterhouse Coopers - Russia
- SMG Consultants - Indonesia
- Vedanta Resources Plc - India
- Binh Thuan Hamico - Vietnam
- Bulk Trading Sa - Switzerland
- PowerSource Philippines DevCo
- Heidelberg Cement - Germany
- Directorate General of MIneral and Coal - Indonesia
- The Treasury - Australian Government
- TNB Fuel Sdn Bhd - Malaysia
- Global Business Power Corporation, Philippines
- Thai Mozambique Logistica
- Kartika Selabumi Mining - Indonesia
- European Bulk Services B.V. - Netherlands
- Orica Mining Services - Indonesia
- Kumho Petrochemical, South Korea
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