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

Thursday, 25 March 10
INDIAS MAHARASHTRA SEEKS TO IMPORT 3.35 MILLION TONS OF COAL - BLOOMBERG
Bloomberg reported that, Maharashtra State Power Generation Co., a provider of electricity to India’s commercial hub Mumbai, is seeking 3.35 m ...


Thursday, 25 March 10
THE INDIAN MARKET IS STILL FIRM - FEARNLEYS AS
Handy A  sluggish  start  to  the  week  in  the  Atlantic  with  little  fresh  busin ...


Tuesday, 23 March 10
NINE COMPANIES WIN 20-YEAR COAL CONTRACTS - TEMPO
Tempo Interactive  reported that, State Eletricity Company (Perusahaan Listrik Negara) revealed four joint ventures and one company winning coa ...


Monday, 22 March 10
INDONESIA`S MERUKH WINS US$3 BLN SWISS CONTRACT TO SUPPLY COAL - ANTARA
Antara Reported that, Indonesia's PT Merukh Enterprises said it has secured a 30-year contract to supply coal to Swiss buyer Glencore International ...


Monday, 22 March 10
INDIA TO IMPORT COLOMBIAN COAL FOR FIRST TIME AS DEMAND SURGES - BLOOMBERG
Bloomberg reported that,  Adani Enterprises Ltd., India’s biggest coal importer, agreed to buy thermal coal from Colombia for the first t ...


   1184 1185 1186 1187 1188   
Showing 5926 to 5930 news of total 6871
News by Category
Popular News
 
Total Members : 28,635
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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