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

Monday, 14 September 09
INDONESIAN GOVT UPBEAT ABOUT $1.5B, 185-KM COAL RAILWAY PROJECT
In addition to a 30-year concession right, the government will also award a competitive pricing scheme as an incentive to lure investors in a US$1.5 ...


Monday, 14 September 09
BOOM FORECAST FOR COAL OUTPUT
SMH.com reported that, A COAL investment boom is driving Australian production to new peaks even as our biggest export markets shift towards cleaner ...


Sunday, 13 September 09
COAL INDIA MAY ACQUIRE ASSETS OF RIO TINTO
Coal India’s plan to acquire overseas mining assets is gathering steam. After a breakthrough in Mozambique, the coal behemoth has received&nbs ...


Saturday, 12 September 09
THE INDIA / FAR EAST SEEMS WILL CONTINUE TO BE SOFT UNTIL THE IRON ORE MOVEMENTS PICKS UP - CAPT. REDDY
COALspot.com (Singapore): The dry bulk market continued to be stable at almost as same levels as last week and the BDI  was at 2,468 points. ...


Saturday, 12 September 09
GOVT REQUESTS MORE TIME TO ACQUIRE 21% SHARES IN NNT
The Jakarta Post reported that, the government plans to request a postponement for the acquisition of 21 percent shares in PT Newmont Nusa Tenggara ...


   1284 1285 1286 1287 1288   
Showing 6426 to 6430 news of total 6871
News by Category
Popular News
 
Total Members : 28,706
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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