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, 06 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 ...


Thursday, 05 November 20
THE INDONESIA COAL PRICE REFERENCE RISES FOR SECOND CONSECUTIVE MONTH
COALspot.com: The Indonesia Coal Price Reference rose for a 2nd month by 9.24% month on month. The Indonesia Coal Price Reference for the month of ...


Wednesday, 04 November 20
PHILIPPINES COAL MORATORIUM HIGHLIGHTS DRAMATIC PIVOT TO RENEWABLE ENERGY INVESTMENT FOR LOWER PRICES AND POWER SYSTEM RESILIENCE - IEEFA
Policymakers and industry leaders ready to embrace new energy technologies   The Department of Energy’s call for a moratorium on ...


Wednesday, 04 November 20
FOREIGN INVESTORS FACE TOUGH TIMES CLOSING VIETNAM’S REMAINING COAL POWER DEALS - IEEFA
Project bankability at risk as new regulations threaten usual contractual terms   Foreign investors will face higher-than-usual risks ...


Wednesday, 04 November 20
MARKET INSIGHT - INTERMODAL
As the end of the year approaches, one would definitely notice that the newbuilding orderbook for bulk carriers is significantly smaller compared t ...


   147 148 149 150 151   
Showing 741 to 745 news of total 6871
News by Category
Popular News
 
Total Members : 28,623
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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