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

Friday, 03 June 11
DRY BULK MARKETS RESURGENCE APPEARS TO BE LOSING SOME STEAM - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market’s seems to be losing some steam, despite reports of growing Chinese demand for commodities, especially coal, on the back o ...


Thursday, 02 June 11
LARGE SUPRAS FOR RBCT/INDIA ROUND ARE NOW ASKING 14K - FEARNBULK
Handy The Handy/Supra market has in general been flat and un-exciting this week. The Black Sea market is almost non existing while the US Gulf mar ...


Thursday, 02 June 11
DRY BULK SHIP OWNERS LOOKING INTO SHORTENED WEEK WITH ANXIETY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With most markets in the western world closed yesterday, as a result of Memorial Day, dry bulk stakeholders weren’t able to build over the pos ...


Monday, 30 May 11
MIANG BESAR COAL TERMINAL ON TARGET
COALspot.com - MBCT, to be largest coal terminal in Asia to start construction in Indonesia’s east Kalimantan Island in July 2011 says Mr. Joh ...


Sunday, 29 May 11
THE FREIGHT MARKET CONTINUED TO GAIN MOMENTUM - VISTAAR
COALspot.com - The freight market continued to gain momentum and the BDI, Cape Index and Panamax was by up almost 10-12 pct and on all sectors, Vist ...


   1047 1048 1049 1050 1051   
Showing 5241 to 5245 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 ...

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