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Friday, 09 May 14
RBCT SHIPPED 5.4 MMT OF COAL IN APRIL


COALspot.com: South Africa's Richards Bay Coal Terminal (RBCT) the single largest coal export terminal in the world, shipped 5.45 million tons of coal in April 2014, slides around 1.45 million tons or 21.01% from the previous-month, according to latest data released by Richards Bay Coal Terminal.

Richards Bay's shipped 6,901,887 tons of coal in March 2014, the terminal reported.

Year-to-date (end of April 2014) coal exports at Richards Bay, which has a design capacity of 91 million tons per year, totalled 21,412,805 tonnes said terminal's operating statistics note.

In April, Asian countries have imported the largest share of Richards Bay exports, taking in 75.31% of the total coal shipped from the terminal. Markets in Eastern Asia accounted for 9.7% and Southern Asia accounted for 58% of the volume shipped out of RBCT. Western Asian countries had also imported around 3.8% of total volume shipped from RBCT in April, port’s operating statistics shows.

75.31% of total coal exports from RBCT or approximately 4,107,875 tons of coal shipped to southern eastern Asia, southern Asia, western Asia and eastern Asian countries in April 2014.

Total shipments to Europe represented slightly below 15 percent of 14.86% (Western Europe 13.4% & Southern Europe 1.4%) of the total exports in April which was around 12.74% percent less compared to Europe's coal imports from RBCT in March.

Stockpiles at the terminal inclined to 4.155 million tonnes end of April compared to 3.053 million tonnes at the end of March 2014.

Sixty two vessels, including 32 Cape size vessels & 11 Panamaxes entered the coal terminal in April, compared to 61 (43 capes, 8 Panamxes & 10 handy size) in the previous month.

South Africa produces high calorific value coal and one of the favouring coal supplier for Europe as well as Asia particularly India.



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