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

Tuesday, 17 November 20
AUSTRALIAN COAL EXPORTS TO CHINA SLUMP, BUT PRICES ARE MIXED - REUTERS
China’s unofficial ban on coal imports from Australia is starting to take its toll on volumes, with departing cargoes down sharply so far in ...


Friday, 13 November 20
SHIPPING OUTLOOK TURNS STABLE ON EBITDA GROWTH, IMPROVING SUPPLY-DEMAND BALANCE - MOODY’S
Outlook revised to stable from negative.   The global shipping industry is on course to perform better overall than we had previously ex ...


Friday, 13 November 20
CHINA'S BENCHMARK POWER COAL PRICE EDGES UP - XINHUA
China’s benchmark power coal price rose slightly during the past week.   The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge of ...


Monday, 09 November 20
INDONESIA MAY CUT BIODIESEL USE TARGET AS SUBSIDY FUND DEPLETES - FITCH
The Indonesian government may rein in its push to increase use of biodiesel as it now comes at higher cost following a fall in crude oil prices and ...


Monday, 09 November 20
SOUTH AFRICA: COAL MARKET CONDITIONS HAVE ' DETERIORATED MATERIALLY' - IEEFA
The Asian seaborne thermal coal pool is drying out   Resource Generation Ltd’s proposed but long delayed Boikarabelo coal mine i ...


   146 147 148 149 150   
Showing 736 to 740 news of total 6871
News by Category
Popular News
 
Total Members : 28,704
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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