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, 15 September 10
VIETNAM TO IMPORT UP TO 15 MLN TONS COAL/YR BY 2015 - VIETNAM BUSINESS
Vietnam Business reported that, Vietnam will need to import 3 million to 15 million tons of coal a year by 2015, rising to 21 million to 40 million ...


Tuesday, 14 September 10
MID HIGH TEENS FROM WCI, AND HIGH TEENS FROM ECI TO CHINA - BRS
A fairly flat market for the dry bulk segments this week, although the Panamaxes jumped on the back of strong grain exports in the Atlantic. It ...


Tuesday, 14 September 10
HIGH CHARTERING ACTIVITY NEEDS TO KEEP UP FOR DRY BULK RATES TO REMAIN HIGH
Last week’s increase of spot chartering activity pushed dry bulk freight rates to new highs, after a less than lackluster summer. As a result, ...


Monday, 13 September 10
GLENCORE BUYS STAKE IN MINER BUMI
The Jakarta globe reported that, Switzerland-based Glencore International, the world’s largest commodities trader, has quietly acquired a $200 ...


Monday, 13 September 10
IT'S JAI INDONESIA FOR OUR POWER FIRMS
Indian power producers have been compelled to look abroad for fuel to run upcoming facilities, as domestic generation is unlikely to be able to meet ...


   1121 1122 1123 1124 1125   
Showing 5611 to 5615 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 ...

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