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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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Friday, 07 January 11
DRY BULK MARKET ON A FREEFALL, AS THE NEW YEAR EARLY DAYS DONT BRING MANY CHEERS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market is facing its worst slump in more than two years, falling by 4.75% yesterday to reach 1,544 points, on top of an additional 4.2% ...
Thursday, 06 January 11
OVERSEAS & GENERAL SIGNS AGREEMENT TO EXPAND FOOTPRINT ON COAL LEASE IN INDONESIA - PROACTIVE INVESTORS
Proactive Investors reported that, Overseas & General (ASX: OGL) has entered into a joint operating agreement on the Jambi Coal Lease in Sumatra ...
Thursday, 06 January 11
BANPU EXPECTS ROSY 2011 AS COAL PRICES SKYROCKET - BANGKOK POST
Bangkok Post reported that, Banpu Plc, Asean's largest coal miner, expects minimal impact from the production stoppage at its Daning mine in China ...
Thursday, 06 January 11
COKING COAL CONTRACT PRICE MAY RISE 33% ON AUSTRALIAN FLOODS - BLOOMBERG
Bloomberg reported that, Steelmakers in Asia may be forced to pay as much as 33 percent more for hard coking coal after the worst floods in 50 years ...
Wednesday, 05 January 11
HIGHER COAL PRICES LIFT UP COAL STOCKS
Thermal coal price this month has gone up 5.63% to US$127.70 per ton today from mid last month at US$120.89 per ton.
Thermal coal price for next ...
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- Indian Oil Corporation Limited
- Kohat Cement Company Ltd. - Pakistan
- Krishnapatnam Port Company Ltd. - India
- Karaikal Port Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- IEA Clean Coal Centre - UK
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
- Economic Council, Georgia
- Holcim Trading Pte Ltd - Singapore
- Cigading International Bulk Terminal - Indonesia
- Sarangani Energy Corporation, Philippines
- Borneo Indobara - Indonesia
- Bhoruka Overseas - Indonesia
- Therma Luzon, Inc, Philippines
- TeaM Sual Corporation - Philippines
- South Luzon Thermal Energy Corporation
- Deloitte Consulting - India
- Wilmar Investment Holdings
- OPG Power Generation Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Makarim & Taira - Indonesia
- The Treasury - Australian Government
- Bulk Trading Sa - Switzerland
- Riau Bara Harum - Indonesia
- Tamil Nadu electricity Board
- Siam City Cement PLC, Thailand
- Australian Commodity Traders Exchange
- Directorate General of MIneral and Coal - Indonesia
- Bukit Makmur.PT - Indonesia
- Globalindo Alam Lestari - Indonesia
- GVK Power & Infra Limited - India
- San Jose City I Power Corp, Philippines
- Ambuja Cements Ltd - India
- Sical Logistics Limited - India
- Thai Mozambique Logistica
- Georgia Ports Authority, United States
- Samtan Co., Ltd - South Korea
- Toyota Tsusho Corporation, Japan
- Central Electricity Authority - India
- Ministry of Finance - Indonesia
- Commonwealth Bank - Australia
- Cement Manufacturers Association - India
- Mercator Lines Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Energy Development Corp, Philippines
- Mintek Dendrill Indonesia
- ASAPP Information Group - India
- Maheswari Brothers Coal Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Straits Asia Resources Limited - Singapore
- Semirara Mining and Power Corporation, Philippines
- PowerSource Philippines DevCo
- SN Aboitiz Power Inc, Philippines
- Wood Mackenzie - Singapore
- Xindia Steels Limited - India
- Eastern Energy - Thailand
- Global Coal Blending Company Limited - Australia
- London Commodity Brokers - England
- Miang Besar Coal Terminal - Indonesia
- Antam Resourcindo - Indonesia
- The University of Queensland
- Iligan Light & Power Inc, Philippines
- Rio Tinto Coal - Australia
- CIMB Investment Bank - Malaysia
- Indo Tambangraya Megah - Indonesia
- Indonesian Coal Mining Association
- Bhatia International Limited - India
- Bangladesh Power Developement Board
- Metalloyd Limited - United Kingdom
- Salva Resources Pvt Ltd - India
- Petron Corporation, Philippines
- Latin American Coal - Colombia
- Anglo American - United Kingdom
- Attock Cement Pakistan Limited
- Vijayanagar Sugar Pvt Ltd - India
- Mjunction Services Limited - India
- Port Waratah Coal Services - Australia
- PetroVietnam Power Coal Import and Supply Company
- Bhushan Steel Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Price Waterhouse Coopers - Russia
- Agrawal Coal Company - India
- Parliament of New Zealand
- Aboitiz Power Corporation - Philippines
- Tata Chemicals Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Indogreen Group - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dalmia Cement Bharat India
- Mercuria Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Kumho Petrochemical, South Korea
- Indian Energy Exchange, India
- Global Green Power PLC Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- PNOC Exploration Corporation - Philippines
- International Coal Ventures Pvt Ltd - India
- Sakthi Sugars Limited - India
- Bharathi Cement Corporation - India
- Kideco Jaya Agung - Indonesia
- Altura Mining Limited, Indonesia
- Eastern Coal Council - USA
- Merrill Lynch Commodities Europe
- European Bulk Services B.V. - Netherlands
- Formosa Plastics Group - Taiwan
- Bukit Asam (Persero) Tbk - Indonesia
- Thiess Contractors Indonesia
- Pendopo Energi Batubara - Indonesia
- Barasentosa Lestari - Indonesia
- Bukit Baiduri Energy - Indonesia
- Intertek Mineral Services - Indonesia
- Standard Chartered Bank - UAE
- Coal and Oil Company - UAE
- Asmin Koalindo Tuhup - Indonesia
- Baramulti Group, Indonesia
- The State Trading Corporation of India Ltd
- Heidelberg Cement - Germany
- Manunggal Multi Energi - Indonesia
- White Energy Company Limited
- Minerals Council of Australia
- Star Paper Mills Limited - India
- Coalindo Energy - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Oldendorff Carriers - Singapore
- Orica Mining Services - Indonesia
- Gujarat Sidhee Cement - India
- GN Power Mariveles Coal Plant, Philippines
- Kaltim Prima Coal - Indonesia
- Uttam Galva Steels Limited - India
- Jaiprakash Power Ventures ltd
- Semirara Mining Corp, Philippines
- SMG Consultants - Indonesia
- Orica Australia Pty. Ltd.
- Planning Commission, India
- Global Business Power Corporation, Philippines
- SMC Global Power, Philippines
- VISA Power Limited - India
- Bayan Resources Tbk. - Indonesia
- Energy Link Ltd, New Zealand
- Electricity Generating Authority of Thailand
- Meenaskhi Energy Private Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- New Zealand Coal & Carbon
- Sojitz Corporation - Japan
- Essar Steel Hazira Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Parry Sugars Refinery, India
- Renaissance Capital - South Africa
- Vedanta Resources Plc - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Malabar Cements Ltd - India
- Aditya Birla Group - India
- Goldman Sachs - Singapore
- IHS Mccloskey Coal Group - USA
- Madhucon Powers Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Grasim Industreis Ltd - India
- Edison Trading Spa - Italy
- Trasteel International SA, Italy
- Videocon Industries ltd - India
- Kapuas Tunggal Persada - Indonesia
- Larsen & Toubro Limited - India
- Ceylon Electricity Board - Sri Lanka
- Savvy Resources Ltd - HongKong
- Directorate Of Revenue Intelligence - India
- Jindal Steel & Power Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Marubeni Corporation - India
- Jorong Barutama Greston.PT - Indonesia
- ICICI Bank Limited - India
- PTC India Limited - India
- Binh Thuan Hamico - Vietnam
- GMR Energy Limited - India
- Alfred C Toepfer International GmbH - Germany
- Kepco SPC Power Corporation, Philippines
- Romanian Commodities Exchange
- Simpson Spence & Young - Indonesia
- Medco Energi Mining Internasional
- Petrochimia International Co. Ltd.- Taiwan
- Karbindo Abesyapradhi - Indoneisa
- Australian Coal Association
- Meralco Power Generation, Philippines
- Carbofer General Trading SA - India
- Kobexindo Tractors - Indoneisa
- Posco Energy - South Korea
- Central Java Power - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Gujarat Electricity Regulatory Commission - India
- McConnell Dowell - Australia
- Independent Power Producers Association of India
- Timah Investasi Mineral - Indoneisa
- India Bulls Power Limited - India
- Interocean Group of Companies - India
- Electricity Authority, New Zealand
- Chamber of Mines of South Africa
- Power Finance Corporation Ltd., India
- Africa Commodities Group - South Africa
- GAC Shipping (India) Pvt Ltd
- CNBM International Corporation - China
- Ministry of Mines - Canada
- Indika Energy - Indonesia
- MS Steel International - UAE
- LBH Netherlands Bv - Netherlands
- TNB Fuel Sdn Bhd - Malaysia
- Siam City Cement - Thailand
- Vizag Seaport Private Limited - India
- Chettinad Cement Corporation Ltd - India
- Ministry of Transport, Egypt
- Lanco Infratech Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Coastal Gujarat Power Limited - India
- Banpu Public Company Limited - Thailand
- Sindya Power Generating Company Private Ltd
- Singapore Mercantile Exchange
- Sree Jayajothi Cements Limited - India
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