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

Wednesday, 20 July 11
DRY BULK MARKET KEEPS ON FALLING ON SOFTENING CONDITIONS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market retreated to lower ground on Tuesday, as the industry’s benchmark, the BDI (Baltic Dry Index) fell to 1,330 points, down b ...


Tuesday, 19 July 11
82 MIO TONS OF COAL TO BE SUPPLIED FOR DOMESTIC MARKET
Indonesian Coal miners were required to supply 82 million tons of coal to Domestic market in this year. This is a 2.53 percent higher than last year ...


Monday, 18 July 11
IMFA BUYS A INDONESIAN COAL MINE FOR USD 8.7 M
Indian Metals and Ferro Alloys (IMFA), the largest producer of ferro chrome in the country, today said it has acquired 70 per cent stake in an Indones ...


Sunday, 17 July 11
THE COAL PRICES ARE SOFTENING DUE TO LESS DEMAND - VISTAAR
COALspot.com: The markets were down last week with BDI down by 6.63 points and closing at 1,353 points. The most affected was Cape index which was d ...


Friday, 15 July 11
DRY BULK MARKET SUFFERS NEW BLOW, RETREATS EVEN FURTHER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market fell even lower yesterday on the back of lower demand for larger vessels, like Capesizes and Panamaxes. The industry’s ben ...


   1036 1037 1038 1039 1040   
Showing 5186 to 5190 news of total 6871
News by Category
Popular News
 
Total Members : 28,696
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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