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, 04 June 09
CHINA QINHUANGDAO COAL STOCK JUMPS BY 36.2% MOM - STEELGURU
SteelGuru reported that, Sources indicated that, coal stock at Qinhuangdao port, China's major coal port has reached 4.88 million tonnes increasing ...


Thursday, 04 June 09
ASIA COAL - PRICES RISE TO 31/2 MTH HIGH ON OIL, ECONOMY - INTERACTIVE INVESTOR
Interactive Investor reported that, Prices of power-station coal from Australia, a benchmark for Asia, rose to a three-and-a-half-month high of over ...


Thursday, 04 June 09
PTT: RESTRUCTURING BUSINESS, DIVERSIFYING INTO COAL - EASYBOURSE
Thailand's largest energy conglomerate, PTT PCL (PTT.TH), will diversify into coal as part of its business restructuring, Senior Executive Vice Pre ...


Thursday, 04 June 09
ADARO SECURES THREE NEW CONTRACTS, SAYS OUTLOOK POSITIVE - THE JAKARTA POST
Publicly listed PT Adaro Energy, the country's second largest coal miner, announced Wednesday it had secured three new coal contracts from buyers f ...


Wednesday, 03 June 09
XSTRATA, KOMIPO AGREE SOME '09 COAL TONNAGE AT $63/T- REUTERS
South Korean utility Korea Midland Power Co (KOMIPO) has agreed to buy part of its 2009 term contract tonnage from Xstrata's coal unit at about $63 ...


   1340 1341 1342 1343 1344   
Showing 6706 to 6710 news of total 6871
News by Category
Popular News
 
Total Members : 28,617
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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