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, 25 May 11
DRY BULK MARKET ENTERS WEEK ON A HIGH NOTE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has managed to end its downward trend of the past few weeks and surge back on higher ground. Yesterday, the Baltic Dry Index (BD ...


Monday, 23 May 11
BRMS IS TO START PRODUCTION FROM DAIRI PRIMA MINERALS
COALspot.com - The Presidential Decree No. 28 Year 2011 that allows conditional underground mining in the protected forest areas was issued on 19th ...


Sunday, 22 May 11
INDONESIA - INDIA IS LIKELY TO BE STEADY NEXT WEEK - VISTAAR SINGAPORE
COALspot.com - The freight market remained soft beginning of the week, however second half of the week was firm with BDI up by 3.29 pct and closed a ...


Saturday, 21 May 11
OWNERS PREFER TO DO INDO COAL OR NICKEL ORE TO CHINA RATHER THAN GOING TO INDIA - FEARNBULK
Handy The Atlantic is marked by volatility and very positional, nevertheless USG,NCSA, Cont remain strong thanks to the petcoke, grains and scrap ...


Friday, 20 May 11
GOVT TOLD TO LIMIT COAL, GAS EXPORTS - THE JAKARTA POST
The Jakarta Post, a leading news paper in Indonesia, reported that, Amid soaring global oil prices, the government should limit exports of coal and ...


   1049 1050 1051 1052 1053   
Showing 5251 to 5255 news of total 6871
News by Category
Popular News
 
Total Members : 28,622
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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