COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
Thursday, 07 May 09
RICHARDS BAY COAL SHIPMENTS FALL MOST IN 9 MONTHS - BLOOMBERG


RICHARDS BAY Coal Terminal Ltd., Africa’s largest coal-export facility, said shipments fell 24 percent last month, the biggest drop in nine months.

Shipments fell to 4.55 million metric tons in April from 5.97 million tons in the same month a year earlier, the terminal said in an e-mailed response to questions today. That’s the biggest drop since July last year, when they declined 26 percent. Stockpiles at the terminal climbed to 4.19 million tons, the highest since March 2007.

“It’s the market, its terrible,” Xavier Prevost, a coal analyst in South Africa, said in an interview from his mobile phone today. “With the prices most of the producers are not keen on actually exporting or selling too much coal.”

Prices of coal shipped from the terminal fell 44 percent Over the last year and traded at an average of $58.50 a ton in the week ended May 1, according to Petersfield, England-based McCloskey Group.

The terminal in north eastern South Africa is owned by South Africa’s largest coal exporters, including Anglo American Plc, BHP Billiton Ltd. and Xstrata Plc. It is the biggest source of coal for European power plants.

Sixty-eight ships were loaded during the month and 572 trains arrived at the facility, RBCT said. It received 5.27 million tons of the fuel by rail.

Falling Shipments

At its current shipment rate Richards Bay will export 56.77 million tons of coal this year compared with a capacity of 76 million tons, expanding to 91 million tons by July. When that expansion is complete Richards Bay will be the world’s single biggest coal export facility.

Richards Bay’s shipments this year are likely to be below those last year, Prevost said, adding that he doesn’t expect substantial improvement in demand in 2009. The terminal shipped 61.79 million tons in 2008 compared with 66.16 million tons the year earlier. Exports were reduced by derailments and increased competition for supplies from power utility Eskom Holdings Ltd.

Terry Howarth, the chief executive officer of the terminal, wasn’t immediately available when his office was called.

Transnet Ltd., which operates South Africa’s railways, will close one of two lines to the terminal from May 4-13 for Xavier maintenance.

Source: http://www.bloomberg.com/apps/news?pid=20601116&sid=ahn8lGylbYKg&refer=africa 



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Tuesday, 30 August 11
FAUJI CEMENT CONSUMED MORE THAN 1 MILLION TONS OF LOCAL COAL
Cooper Minerals Inc.based in Vancouver, BC, Canada, is a junior exploration company engaged in the acquisition, exploration and development of miner ...


Sunday, 28 August 11
FREIGHT MARKET COULD BE FIRM NEXT MONTH - VISTAAR
COALspot.com - The freight market continued the upward trend first half of the week . However, towards the end of the week lost momentum and the BDI ...


Saturday, 27 August 11
JAPANESE BULK CARRIER SETS RECORD ON NORTHERN SEA ROUTE - BARENTS OBSERVER
The Northern Sea Route will see its third record in less than a month when the largest ever bulk carrier to take the route leaves Murmansk next week ...


Saturday, 27 August 11
RBCT-INDIA ROUNDS FIXED AT AROUND US$ 12K - FEARNBULK
Handy Stable but very positional markets across all segments in the Atlantic: the gap between owners and charterers rate ideas is building up as o ...


Friday, 26 August 11
TUAH TURANGGA AGUNG ACQUIRES AN ADDITIONAL 40% SHARES IN BARA PRIMA AGUNG
COALspot.com - PT Tuah Turangga Agung, a subsidiary of PT United Tractors Tbk, has signed an acquisition agreement to acquire 40% of PT Bara Prima A ...


   1021 1022 1023 1024 1025   
Showing 5111 to 5115 news of total 6871
News by Category
Popular News
 
Total Members : 28,621
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Cosco
  • Runge Indonesia
  • VISA Power Limited - India
  • Moodys - Singapore
  • GNFC Limited - India
  • WorleyParsons
  • Mitsubishi Corporation
  • Credit Suisse - India
  • ASAPP Information Group - India
  • Savvy Resources Ltd - HongKong
  • U S Energy Resources
  • Russian Coal LLC
  • MEC Coal - Indonesia
  • Indian Oil Corporation Limited
  • Merrill Lynch Bank
  • Renaissance Capital - South Africa
  • Medco Energi Mining Internasional
  • Jatenergy - Australia
  • Thomson Reuters GRC
  • Thai Mozambique Logistica
  • Thriveni
  • Singapore Mercantile Exchange
  • Bhoruka Overseas - Indonesia
  • Bulk Trading Sa - Switzerland
  • Vedanta Resources Plc - India
  • Adaro Indonesia
  • IEA Clean Coal Centre - UK
  • CIMB Investment Bank - Malaysia
  • Salva Resources Pvt Ltd - India
  • Grasim Industreis Ltd - India
  • White Energy Company Limited
  • Attock Cement Pakistan Limited
  • Vitol - Bahrain
  • IHS Mccloskey Coal Group - USA
  • Alfred C Toepfer International GmbH - Germany
  • SMC Global Power, Philippines
  • Kepco SPC Power Corporation, Philippines
  • Mercator Lines Limited - India
  • Posco Energy - South Korea
  • Sakthi Sugars Limited - India
  • PLN - Indonesia
  • Dalmia Cement Bharat India
  • Arutmin Indonesia
  • Ambuja Cements Ltd - India
  • TANGEDCO India
  • Siam City Cement - Thailand
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Coalindo Energy - Indonesia
  • Electricity Generating Authority of Thailand
  • Berau Coal - Indonesia
  • Kapuas Tunggal Persada - Indonesia
  • Core Mineral Indonesia
  • Britmindo - Indonesia
  • CoalTek, United States
  • Rashtriya Ispat Nigam Limited - India
  • Banpu Public Company Limited - Thailand
  • DBS Bank - Singapore
  • Wood Mackenzie - Singapore
  • Semirara Mining and Power Corporation, Philippines
  • Sarangani Energy Corporation, Philippines
  • Kumho Petrochemical, South Korea
  • Chamber of Mines of South Africa
  • The Treasury - Australian Government
  • Eastern Energy - Thailand
  • Indonesian Coal Mining Association
  • LBH Netherlands Bv - Netherlands
  • Latin American Coal - Colombia
  • Formosa Plastics Group - Taiwan
  • Jaiprakash Power Ventures ltd
  • JPMorgan - India
  • Xindia Steels Limited - India
  • Commonwealth Bank - Australia
  • ACC Limited - India
  • Bhushan Steel Limited - India
  • Bukit Asam (Persero) Tbk - Indonesia
  • Pendopo Energi Batubara - Indonesia
  • London Commodity Brokers - England
  • Georgia Ports Authority, United States
  • Energy Link Ltd, New Zealand
  • GHCL Limited - India
  • Manunggal Multi Energi - Indonesia
  • Lanco Infratech Ltd - India
  • Goldman Sachs - Singapore
  • Japan Coal Energy Center
  • India Bulls Power Limited - India
  • Sucofindo - Indonesia
  • Jindal Steel & Power Ltd - India
  • Karbindo Abesyapradhi - Indoneisa
  • Indian School of Mines
  • Port Waratah Coal Services - Australia
  • Mitra SK Pvt Ltd - India
  • Parry Sugars Refinery, India
  • Siam City Cement PLC, Thailand
  • Economic Council, Georgia
  • Argus Media - Singapore
  • ETA - Dubai
  • Interocean Group of Companies - India
  • Cement Manufacturers Association - India
  • Tata Power - India
  • Indonesia Power. PT
  • Sinarmas Energy and Mining - Indonesia
  • Price Waterhouse Coopers - Russia
  • NALCO India
  • Enel Italy
  • Inco-Indonesia
  • Coastal Gujarat Power Limited - India
  • Energy Development Corp, Philippines
  • EIA - United States
  • Ceylon Electricity Board - Sri Lanka
  • Marubeni Corporation - India
  • SN Aboitiz Power Inc, Philippines
  • KPCL - India
  • Agrawal Coal Company - India
  • Ind-Barath Power Infra Limited - India
  • Oldendorff Carriers - Singapore
  • SUEK AG - Indonesia
  • Sojitz Corporation - Japan
  • PNOC Exploration Corporation - Philippines
  • KPMG - USA
  • RBS Sempra - UK
  • Rudhra Energy - India
  • Malabar Cements Ltd - India
  • Glencore India Pvt. Ltd
  • Kobe Steel Ltd - Japan
  • Eastern Coal Council - USA
  • CNBM International Corporation - China
  • Aditya Birla Group - India
  • Adani Power Ltd - India
  • bp singapore
  • Madhucon Powers Ltd - India
  • Inspectorate - India
  • Kobexindo Tractors - Indoneisa
  • Planning Commission, India
  • Minerals Council of Australia
  • Ministry of Finance - Indonesia
  • TGV SRAAC LIMITED, India
  • Mechel - Russia
  • GN Power Mariveles Coal Plant, Philippines
  • McConnell Dowell - Australia
  • Gujarat Electricity Regulatory Commission - India
  • Standard Chartered Bank - UAE
  • Bangkok Bank PCL
  • Orica Mining Services - Indonesia
  • Miang Besar Coal Terminal - Indonesia
  • Metalloyd Limited - United Kingdom
  • Deloitte Consulting - India
  • KOWEPO - South Korea
  • SMG Consultants - Indonesia
  • Reliance Power - India
  • Samsung - South Korea
  • Gujarat Sidhee Cement - India
  • The University of Queensland
  • Mercuria Energy - Indonesia
  • Surastha Cement
  • Platts
  • Maersk Broker
  • Peabody Energy - USA
  • Indika Energy - Indonesia
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Borneo Indobara - Indonesia
  • Freeport Indonesia
  • SASOL - South Africa
  • The State Trading Corporation of India Ltd
  • Maheswari Brothers Coal Limited - India
  • Noble Europe Ltd - UK
  • European Bulk Services B.V. - Netherlands
  • Cargill India Pvt Ltd
  • Fearnleys - India
  • Videocon Industries ltd - India
  • Lafarge - France
  • Africa Commodities Group - South Africa
  • Intertek Mineral Services - Indonesia
  • Chettinad Cement Corporation Ltd - India
  • ING Bank NV - Singapore
  • Global Business Power Corporation, Philippines
  • JPower - Japan
  • Kalimantan Lumbung Energi - Indonesia
  • Asmin Koalindo Tuhup - Indonesia
  • Orica Australia Pty. Ltd.
  • Jorong Barutama Greston.PT - Indonesia
  • Cigading International Bulk Terminal - Indonesia
  • Deutsche Bank - India
  • PetroVietnam
  • Vijayanagar Sugar Pvt Ltd - India
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Electricity Authority, New Zealand
  • ICICI Bank Limited - India
  • Heidelberg Cement - Germany
  • HSBC - Hong Kong
  • Sindya Power Generating Company Private Ltd
  • San Jose City I Power Corp, Philippines
  • Xstrata Coal
  • Indo Tambangraya Megah - Indonesia
  • McKinsey & Co - India
  • Bank of China, Malaysia
  • Carbofer General Trading SA - India
  • Karaikal Port Pvt Ltd - India
  • Pipit Mutiara Jaya. PT, Indonesia
  • Leighton Contractors Pty Ltd - Australia
  • Arch Coal - USA
  • Simpson Spence & Young - Indonesia
  • Antam Resourcindo - Indonesia
  • World Bank
  • Meenaskhi Energy Private Limited - India
  • World Coal - UK
  • Wilmar Investment Holdings
  • CCIC - Indonesia
  • AsiaOL BioFuels Corp., Philippines
  • Coal India Limited
  • TNPL - India
  • Indian Energy Exchange, India
  • GAC Shipping (India) Pvt Ltd
  • Holcim Trading Pte Ltd - Singapore
  • NTPC Limited - India
  • Globalindo Alam Lestari - Indonesia
  • Permata Bank - Indonesia
  • Asia Cement - Taiwan
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • IBC Asia (S) Pte Ltd
  • Thiess Contractors Indonesia
  • UOB Asia (HK) Ltd
  • Thermax Limited - India
  • Coeclerici Indonesia
  • Maruti Cements - India
  • OCBC - Singapore
  • GB Group - China
  • Shree Cement - India
  • Bahari Cakrawala Sebuku - Indonesia
  • Kartika Selabumi Mining - Indonesia
  • Straits Asia Resources Limited - Singapore
  • Qatrana Cement - Jordan
  • Cemex - Philippines
  • Bank of America
  • Geoservices-GeoAssay Lab
  • Neyveli Lignite Corporation Ltd, - India
  • Kideco Jaya Agung - Indonesia
  • EMO - The Netherlands
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • PTC India Limited - India
  • Sree Jayajothi Cements Limited - India
  • Mintek Dendrill Indonesia
  • Total Coal South Africa
  • Infraline Energy - India
  • Vale Mozambique
  • UBS Singapore
  • ANZ Bank - Australia
  • Directorate Of Revenue Intelligence - India
  • Independent Power Producers Association of India
  • Ministry of Transport, Egypt
  • Global Green Power PLC Corporation, Philippines
  • Krishnapatnam Port Company Ltd. - India
  • OPG Power Generation Pvt Ltd - India
  • Bangladesh Power Developement Board
  • Ernst & Young Pvt. Ltd.
  • Cardiff University - UK
  • SRK Consulting
  • BRS Brokers - Singapore
  • IMC Shipping - Singapore
  • PLN Batubara - Indonesia
  • Meralco Power Generation, Philippines
  • Bhatia International Limited - India
  • Timah Investasi Mineral - Indoneisa
  • Maybank - Singapore
  • Power Finance Corporation Ltd., India
  • Asian Development Bank
  • Vizag Seaport Private Limited - India
  • Kaltim Prima Coal - Indonesia
  • Idemitsu - Japan
  • Petrochimia International Co. Ltd.- Taiwan
  • Merrill Lynch Commodities Europe
  • Samtan Co., Ltd - South Korea
  • Binh Thuan Hamico - Vietnam
  • Gujarat Mineral Development Corp Ltd - India
  • Indogreen Group - Indonesia
  • TNB Fuel Sdn Bhd - Malaysia
  • Petron Corporation, Philippines
  • Central Java Power - Indonesia
  • Central Electricity Authority - India
  • Romanian Commodities Exchange
  • The India Cements Ltd
  • Larsen & Toubro Limited - India
  • Coal Orbis AG
  • Aboitiz Power Corporation - Philippines
  • Toyota Tsusho Corporation, Japan
  • Sical Logistics Limited - India
  • Australian Coal Association
  • GVK Power & Infra Limited - India
  • Global Coal Blending Company Limited - Australia
  • Gupta Coal India Ltd
  • Billiton Holdings Pty Ltd - Australia
  • Ministry of Mines - Canada
  • BNP Paribas - Singapore
  • Coaltrans Conferences
  • Baramulti Group, Indonesia
  • International Coal Ventures Pvt Ltd - India
  • Bharathi Cement Corporation - India
  • Humpuss - Indonesia
  • Petrosea - Indonesia
  • Parliament of New Zealand
  • Edison Trading Spa - Italy
  • Malco - India
  • Tanito Harum - Indonesia
  • TeaM Sual Corporation - Philippines
  • Rio Tinto Coal - Australia
  • New Zealand Coal & Carbon
  • Shenhua Group - China
  • PetroVietnam Power Coal Import and Supply Company
  • IOL Indonesia
  • APGENCO India
  • PowerSource Philippines DevCo
  • Indorama - Singapore
  • Platou - Singapore
  • Barasentosa Lestari - Indonesia
  • Trasteel International SA, Italy
  • Thailand Anthracite
  • Kohat Cement Company Ltd. - Pakistan
  • Maharashtra Electricity Regulatory Commission - India
  • Directorate General of MIneral and Coal - Indonesia
  • Semirara Mining Corp, Philippines
  • Essar Steel Hazira Ltd - India
  • Cebu Energy, Philippines
  • South Luzon Thermal Energy Corporation
  • Coal and Oil Company - UAE
  • Clarksons - UK
  • Therma Luzon, Inc, Philippines
  • Makarim & Taira - Indonesia
  • Gresik Semen - Indonesia
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Bukit Baiduri Energy - Indonesia
  • Bukit Makmur.PT - Indonesia
  • Anglo American - United Kingdom
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Star Paper Mills Limited - India
  • CESC Limited - India
  • Bayan Resources Tbk. - Indonesia
  • GMR Energy Limited - India
  • MS Steel International - UAE
  • Barclays Capital - USA
  • Altura Mining Limited, Indonesia
  • J M Baxi & Co - India
  • Uttam Galva Steels Limited - India
  • Australian Commodity Traders Exchange
  • Pinang Coal Indonesia
  • SGS (Thailand) Limited
  • KEPCO - South Korea
  • Mjunction Services Limited - India
  • Tata Chemicals Ltd - India
  • Iligan Light & Power Inc, Philippines
  • Mitsui
  • Riau Bara Harum - Indonesia
  • globalCOAL - UK
  • Ince & co LLP
  • Tamil Nadu electricity Board
  • TRAFIGURA, South Korea
  • Panama Canal Authority