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, 11 June 20
JAN-MAY, INDONESIA SHIPPED 175.15 MILLION TONS OF COAL TO ITS OVERSEAS BUYERS
Indonesia's coal production for the first 5 months of this year have reached 228 million tons. January – May 2020, Indonesia shipped US$ ...


Thursday, 11 June 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 ...


Wednesday, 10 June 20
OPEC+ CUTS EXTENSION TO ACCELERATE MARKET REBALANCING - FITCH RATINGS
Fitch Ratings-London-08 June 2020: The OPEC+ agreement to extend by one month record oil production cuts should accelerate market rebalancing, Fitc ...


Wednesday, 10 June 20
MARKET INSIGHT - INTERMODAL
In contrast to the economic projections of the past two years for the first half of 2020, the oil & gas industry and those involved in it faced ...


Wednesday, 10 June 20
CHINA TAIYUAN COAL TRANSACTION PRICE INDEX DOWN 0.19 PCT - XINHUA
China Taiyuan coal transaction price index stood at 123.71 points Monday, down 0.19 percent week on week.   The index, released by Chi ...


   182 183 184 185 186   
Showing 916 to 920 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 ...

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