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, 27 July 09
ADANI POWER'S $625 MILLION IPO TO GENERATE HOT DEMAND
  WSJ reported that, Adani Power, the electricity generating unit of India's Adani Enterprises Ltd., is set raise up to US$625 million in wha ...


Monday, 27 July 09
MIDDLE EAST COAL TO MOVE ON $1B EAST KALIMANTAN PROJECT
The Jakarta globe reported that, Middle East Coal reiterated on Monday that it would push ahead its $1 billion development program for East Kutai Re ...


Monday, 27 July 09
SHORT AND ONE YEAR PERIOD RATES FOR SUPRAMAX WAS FIRM AT AROUND US$ 18, 000 -18,500 PER DAY
COALspot.com (Singapore): The Supramax charter rates up sharply last week (ended 24th July 2009), especially India / Far East region said, Capt ...


Monday, 27 July 09
COKING COAL, IRON-ORE LIKELY TO BENEFIT NON-INTEGRATED STEEL PRODUCERS
Economictimes reported that, The second half of the financial year 2008-09 was one of the toughest periods for steel companies, especially the non-i ...


Monday, 27 July 09
GMR ENERGY BUYS EMCO POWERGEN SUBSIDIARY
DNA India reported that, Thane-based transformer manufacturer Emco Ltd has sold its stake in unlisted power generation subsidiary Emco Energy to Ban ...


   1310 1311 1312 1313 1314   
Showing 6556 to 6560 news of total 6871
News by Category
Popular News
 
Total Members : 28,634
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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