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, 17 April 20
PANDEMIC TO BRING ASIA'S 2020 GROWTH TO HALT FOR 1ST TIME IN 60 YEARS - IMF: REUTERS
Asia’s economic growth this year will grind to a halt for the first time in 60 years, as the coronavirus crisis takes an “unprecedented ...


Friday, 17 April 20
OPEC BRACES FOR OIL MARKET'S "HISTORIC SHOCK"
OPEC released its much anticipated April monthly report.   Crude Oil Price Movements Crude oil prices collapsed in March 2020, rec ...


Friday, 17 April 20
SAUDI ARABIA'S MAY 2020 OSPS FOR CRUDE EXPORTS BODE WELL FOR ASIAN REFINERS - WOOD MACKENZIE
On 13 April, Saudi Arabia announced the Official Selling Prices (OSPs) for its May crude oil exports. The new OSPs speak volumes about Saudi Arabia ...


Friday, 17 April 20
SEABORNE COAL PRICES UNDER PRESSURE AS DEMAND SOFTENS IN CHINA, INDIA - CLYDE RUSSELL
Worrying signs are emerging for coal exporters to the world’s biggest markets in Asia, as top buyers China and India move to favour domestic ...


Thursday, 16 April 20
THERMAL POWER SECTOR FACES BLEAK SCENARIO POST-COVID SITUATION - THE HINDU BUSINESS LINE
The centre should take a fresh look at coal-energy value chain as the sector tops the chart on loan defaults.   Covid-19 may have serv ...


   201 202 203 204 205   
Showing 1011 to 1015 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 ...

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