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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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Wednesday, 12 January 11
BULKER DELIVERIES WEIGHING IN ON FREIGHT RATES KEEPING SENTIMENT ON A NEGATIVE MODE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
A flurry of new buildings still hitting the water has caught up for good with the freight market, with capesizes unable to weather the storm. With r ...
Tuesday, 11 January 11
SUPRAMAX TRIP VIA INDONESIA TO INDIA US$ 8,000 PER DAY
Despite continued growth in the bulk trades, the delivery of new vessels is beginning to take its toll. The BDI continued its decline, finishing las ...
Tuesday, 11 January 11
DRY BULK MARKET REACHES NEW LOWS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market’s benchmark index, the Baltic Dry Index (BDI) lost further ground in the beginning of the week, following the trend of the ...
Monday, 10 January 11
MINING INVESTMENT TARGET TOO LOW - TEMPO INTERACTIVE
TEMPO Interactive reported that, the Indonesian Mining Association’s executive director, Priyo Pribadi, believes the government’s invest ...
Monday, 10 January 11
COAL MONGOLIA IS INVITING YOU TO THE INTERNATIONAL COAL SECTOR INVESTORS CONFERENCE
COALspot.com - (Press Release) - The Coal Mongolian Conference will take place at Chinggis Hotel, in Ulaanbaatar on 24-25, Feb 2011. The coal bonanz ...
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- Gujarat Mineral Development Corp Ltd - India
- Dalmia Cement Bharat India
- Agrawal Coal Company - India
- Kohat Cement Company Ltd. - Pakistan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GAC Shipping (India) Pvt Ltd
- Semirara Mining and Power Corporation, Philippines
- Economic Council, Georgia
- European Bulk Services B.V. - Netherlands
- Energy Development Corp, Philippines
- Semirara Mining Corp, Philippines
- CNBM International Corporation - China
- Mjunction Services Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Indogreen Group - Indonesia
- Standard Chartered Bank - UAE
- Therma Luzon, Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- LBH Netherlands Bv - Netherlands
- Directorate Of Revenue Intelligence - India
- Iligan Light & Power Inc, Philippines
- Essar Steel Hazira Ltd - India
- The University of Queensland
- Samtan Co., Ltd - South Korea
- South Luzon Thermal Energy Corporation
- Meralco Power Generation, Philippines
- Sical Logistics Limited - India
- Heidelberg Cement - Germany
- IHS Mccloskey Coal Group - USA
- Lanco Infratech Ltd - India
- Kaltim Prima Coal - Indonesia
- Gujarat Sidhee Cement - India
- Toyota Tsusho Corporation, Japan
- Vizag Seaport Private Limited - India
- Minerals Council of Australia
- Parry Sugars Refinery, India
- Timah Investasi Mineral - Indoneisa
- Cigading International Bulk Terminal - Indonesia
- PowerSource Philippines DevCo
- Xindia Steels Limited - India
- Commonwealth Bank - Australia
- Sindya Power Generating Company Private Ltd
- Binh Thuan Hamico - Vietnam
- Goldman Sachs - Singapore
- Kideco Jaya Agung - Indonesia
- India Bulls Power Limited - India
- Sarangani Energy Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Chamber of Mines of South Africa
- Kartika Selabumi Mining - Indonesia
- Marubeni Corporation - India
- Carbofer General Trading SA - India
- Indo Tambangraya Megah - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Ministry of Transport, Egypt
- PetroVietnam Power Coal Import and Supply Company
- Central Electricity Authority - India
- GMR Energy Limited - India
- Tata Chemicals Ltd - India
- Straits Asia Resources Limited - Singapore
- Salva Resources Pvt Ltd - India
- PTC India Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Georgia Ports Authority, United States
- Australian Coal Association
- Uttam Galva Steels Limited - India
- Intertek Mineral Services - Indonesia
- TeaM Sual Corporation - Philippines
- Grasim Industreis Ltd - India
- Oldendorff Carriers - Singapore
- Neyveli Lignite Corporation Ltd, - India
- SMG Consultants - Indonesia
- Vedanta Resources Plc - India
- Global Green Power PLC Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- ICICI Bank Limited - India
- Simpson Spence & Young - Indonesia
- Coastal Gujarat Power Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Kepco SPC Power Corporation, Philippines
- Planning Commission, India
- Indika Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Orica Australia Pty. Ltd.
- Riau Bara Harum - Indonesia
- Trasteel International SA, Italy
- Orica Mining Services - Indonesia
- Madhucon Powers Ltd - India
- Ministry of Mines - Canada
- Formosa Plastics Group - Taiwan
- Romanian Commodities Exchange
- Banpu Public Company Limited - Thailand
- Global Coal Blending Company Limited - Australia
- San Jose City I Power Corp, Philippines
- Siam City Cement - Thailand
- AsiaOL BioFuels Corp., Philippines
- Ambuja Cements Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kapuas Tunggal Persada - Indonesia
- Electricity Generating Authority of Thailand
- International Coal Ventures Pvt Ltd - India
- Bharathi Cement Corporation - India
- Mercuria Energy - Indonesia
- Energy Link Ltd, New Zealand
- IEA Clean Coal Centre - UK
- Antam Resourcindo - Indonesia
- OPG Power Generation Pvt Ltd - India
- Makarim & Taira - Indonesia
- Star Paper Mills Limited - India
- Jindal Steel & Power Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Rashtriya Ispat Nigam Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Eastern Energy - Thailand
- Manunggal Multi Energi - Indonesia
- PNOC Exploration Corporation - Philippines
- Kobexindo Tractors - Indoneisa
- Kumho Petrochemical, South Korea
- Edison Trading Spa - Italy
- Electricity Authority, New Zealand
- Indian Oil Corporation Limited
- Sree Jayajothi Cements Limited - India
- Power Finance Corporation Ltd., India
- Savvy Resources Ltd - HongKong
- Cement Manufacturers Association - India
- London Commodity Brokers - England
- Parliament of New Zealand
- Bayan Resources Tbk. - Indonesia
- Posco Energy - South Korea
- Billiton Holdings Pty Ltd - Australia
- Wilmar Investment Holdings
- Chettinad Cement Corporation Ltd - India
- Interocean Group of Companies - India
- Baramulti Group, Indonesia
- Sojitz Corporation - Japan
- Anglo American - United Kingdom
- Thai Mozambique Logistica
- Bangladesh Power Developement Board
- White Energy Company Limited
- Renaissance Capital - South Africa
- Bhatia International Limited - India
- Thiess Contractors Indonesia
- Sakthi Sugars Limited - India
- Eastern Coal Council - USA
- Borneo Indobara - Indonesia
- Deloitte Consulting - India
- Latin American Coal - Colombia
- Independent Power Producers Association of India
- Indian Energy Exchange, India
- Bukit Makmur.PT - Indonesia
- Wood Mackenzie - Singapore
- Global Business Power Corporation, Philippines
- The State Trading Corporation of India Ltd
- Alfred C Toepfer International GmbH - Germany
- Kalimantan Lumbung Energi - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- GVK Power & Infra Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Attock Cement Pakistan Limited
- Karaikal Port Pvt Ltd - India
- Coal and Oil Company - UAE
- Leighton Contractors Pty Ltd - Australia
- Singapore Mercantile Exchange
- Mercator Lines Limited - India
- Videocon Industries ltd - India
- Holcim Trading Pte Ltd - Singapore
- Indonesian Coal Mining Association
- Pendopo Energi Batubara - Indonesia
- Maheswari Brothers Coal Limited - India
- Aditya Birla Group - India
- Medco Energi Mining Internasional
- SMC Global Power, Philippines
- Ceylon Electricity Board - Sri Lanka
- MS Steel International - UAE
- Central Java Power - Indonesia
- Petron Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Merrill Lynch Commodities Europe
- McConnell Dowell - Australia
- Aboitiz Power Corporation - Philippines
- Bhushan Steel Limited - India
- Altura Mining Limited, Indonesia
- ASAPP Information Group - India
- Africa Commodities Group - South Africa
- Gujarat Electricity Regulatory Commission - India
- Larsen & Toubro Limited - India
- Australian Commodity Traders Exchange
- VISA Power Limited - India
- Krishnapatnam Port Company Ltd. - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Rio Tinto Coal - Australia
- Ind-Barath Power Infra Limited - India
- Coalindo Energy - Indonesia
- Port Waratah Coal Services - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Siam City Cement PLC, Thailand
- CIMB Investment Bank - Malaysia
- Jaiprakash Power Ventures ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ministry of Finance - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Bulk Trading Sa - Switzerland
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- New Zealand Coal & Carbon
- Bhoruka Overseas - Indonesia
- The Treasury - Australian Government
- Directorate General of MIneral and Coal - Indonesia
- Malabar Cements Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Tamil Nadu electricity Board
- Miang Besar Coal Terminal - Indonesia
- Price Waterhouse Coopers - Russia
- SN Aboitiz Power Inc, Philippines
- Mintek Dendrill Indonesia
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