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

Sunday, 28 November 10
FREIGHT MARKET SEEMS TO BE NERVOUS - VISTAAR
COALspot.com - The freight market continued to remain uncertain even though only cape index was down by 8.31 pct. Overall the market seems to be ...


Friday, 26 November 10
INDIA WILL IMPORT 100 MLN TONS OF COAL BY 2012 - LAKSHMINARAYANA
COALspot.com –  “India’s coal shortfall will reach 100 million mt by 2011-12”, said  Lakshminarayana, Vice Preside ...


Friday, 26 November 10
CHINAS COAL INVENTORY STAYS HIGH FOR 22 MONTHS AT 220 MLN T, ASSOCIATION
Xinhua News Agency reported that, China’s coal inventory has stayed high and unchanged for 22 months to be around 220 million tonnes, reflecti ...


Friday, 26 November 10
DR WOLFGANG CIESLIK TO HEAD GERMAN COAL IMPORTERS ASSOCIATION
COALspot.com – (Press Release): The Management Board of the German Coal Importers Association (Verein der Kohlenimporteure e.V.) has elected D ...


Thursday, 25 November 10
ANALYSIS: COAL SECTOR: VALUE EMERGENCE - THE JAKARTA POST
Coal demand will remain firm due to a build-up of coal-fired power plants in India, China and Indonesia. As a result, we have upgraded our coal pric ...


   1101 1102 1103 1104 1105   
Showing 5511 to 5515 news of total 6871
News by Category
Popular News
 
Total Members : 28,697
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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