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

Sunday, 22 December 19
NMDC DIVERSIFIES INTO COAL MINING - THE HINDU
Iron ore mining major NMDC has been allocated two coal blocks in Jharkhand for commercial mining by the Union Ministry of Coal.   Both ...


Sunday, 22 December 19
TRADING PLACES FOR 2020 - BALTIC EXCHANGE
In the sea of 2020 predictions, Saxo Bank’s Outrageous Predictions sail their own very unique course. For nearly 20 years the Danish investme ...


Saturday, 21 December 19
SUPRAMAX: A 63,000 DWT VESSEL, OPEN CIGADING, FIXED A TRIP VIA INDONESIA, REDELIVERY WEST COAST INDIA, AT $8,500 - BALTIC BRIEFING
Capesize The Capesize market this past week has been attempting to recalibrate itself in consideration of weakening freight levels and increasi ...


Saturday, 21 December 19
SHIPPING'S SUPPLY AND DEMAND TRENDING OFF BALANCE - BIMCO
One of the most worrying trends that has developed recently – which will affect shipping demand in the years to come – is the falling t ...


Friday, 20 December 19
CHINA'S BENCHMARK POWER COAL PRICE REMAINS FLAT - XINHUA
China’s benchmark power coal price remained flat during the past week.   The Bohai-Rim Steam-Coal Price Index (BSPI), a gauge of ...


   245 246 247 248 249   
Showing 1231 to 1235 news of total 6871
News by Category
Popular News
 
Total Members : 28,705
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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