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

Monday, 04 November 19
COAL INDIA'S OCTOBER PRODUCTION MAY FALL 20% - PTI
Coal India’s production in October is likely to be 19-20 per cent lower at about 40 million tonne, as compared to 49.77 million tonne produce ...


Monday, 04 November 19
PANAMAX: WEAKER SENTIMENTS CONTINUED FROM LAST WEEK, WITH RATES FURTHER SOFTENING IN BOTH BASINS - BALTIC BRIEFING
Capesize The Capesize market meandered slightly upwards this week before giving back much of its gains mid-week. Opening the week at $24,945, t ...


Thursday, 31 October 19
U.S. COAL-FIRED POWER PLANTS SCHEDULED TO SHUT - REUTERS
U.S. power companies expect to retire or convert from coal to gas over 13,800 megawatts (MW) of coal-fired plants in 2019 after shutting over 13,30 ...


Thursday, 31 October 19
SE ASIA MAY BECOME NET FOSSIL FUEL IMPORTER IN COMING YEARS - IEA
Southeast Asia is set to become a key driver of world energy trends over the next 20 years as its energy demand grows at twice the global average, ...


Monday, 28 October 19
ULTRAMAX: ASIA RATES REMAINED UNDER PRESSURE WITH THE NORTH LACKING FRESH ENQUIRY - BALTIC BRIEFING
Capesize The end of the week brought about a small increase in sentiment heading into a long weekend for some regions. After sustaining a drop ...


   258 259 260 261 262   
Showing 1296 to 1300 news of total 6871
News by Category
Popular News
 
Total Members : 28,625
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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