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

Saturday, 02 October 10
FOUR INDONESIAN COAL FIRMS KEEN TO TIE UP WITH NALCO - SIFY
Sify reported that, Four Indonesian coal companies have shown interest to tie up with public sector National Aluminium Company (Nalco) for its 4 bil ...


Friday, 01 October 10
COAL TRADERS POWER FOREIGN ASSET BUYS - ECONOMIC TIMES
Economic Times reported that, the rush to own coal assets is leading to innovative alliances. are teaming up with utilities like , Reliance Power an ...


Thursday, 30 September 10
LOW CALORIFIC VALUE COAL MAY BE SOLD BELOW COAL REFERENCE PRICE IN INDONESIA
COALspot.com: Indonesia, the world’s largest coal exporter has issued another ministerial decree to regulate the selling price of coal of Indo ...


Thursday, 30 September 10
INITIAL PHASE OF MOATIZE MINING BY EARLY NOVEMBER - ALL AFRICA
All Africa report that, the initial phase of mining coal at Moatize, in the western Mozambican province of Tete, will begin by early November, and t ...


Thursday, 30 September 10
THE PANAMAX CONTINUED ITS DOWNWARD TREND FROM LAST WEEK - FEARNBULK
HANDY Activity remains slow this week combined with a lack of fresh enquiry and tonnage over-supply in the Atlantic. Indexes are all negative exce ...


   1116 1117 1118 1119 1120   
Showing 5586 to 5590 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 ...

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