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

Friday, 18 September 09
AUSTRALIA NEWCASTLE COAL PORT: SEEKS INTERIM QUOTA SYSTEM
Reuters reported that, Australia's Newcastle coal terminal wants to re-introduce an interim export quota system after a group of miners led by BHP ...


Friday, 18 September 09
STANCHART TO ADVISE BAYAN ON INDONESIA COAL FINANCING
Indonesian coal miner PT Bayan Resources Tbk said on Wednesday it has appointed Standard Chartered Bank as a financial adviser for raising at least ...


Friday, 18 September 09
COKING COAL SUPPLY TO FALL 3 MILLION TONS IN CHINA ON SHUTDOWN
Bloomberg reported that, Coking coal supply in China, the largest consumer, may fall by 3 million metric tons a month after a mine accident this mon ...


Thursday, 17 September 09
FOUR LEFT IN INDIA'S MMTC COAL IMPORT TENDER-SOURCE
Reuters reported that, India's MMTC Ltd has accepted four out of five submissions for an import tender for 12.5 million tonnes of coal, with a bid ...


Thursday, 17 September 09
INDIA SEEKS COAL
IBT commodities reported that, India is on a coal buying spree. The big Asian nation is scrambling to cover an expected shortfall in domestic supply ...


   1282 1283 1284 1285 1286   
Showing 6416 to 6420 news of total 6871
News by Category
Popular News
 
Total Members : 28,618
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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