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, 11 October 19
KOREA SOUTH-EAST POWER TO IMPORT LCV COAL IN NOVEMBER
COALspot.com: South Korea’s Korea South-East Power Co., Ltd. (KOEN) has issued an international tender for 75,000 Metric Tons low calorific v ...


Thursday, 10 October 19
THERMAL COAL IMPORT LIKELY TO CROSS 200 MT IN 2019-20 - TIME OF INDIA
The country's overall thermal coal import is likely to cross the 200-million tonnes (MT) mark in the current financial year, according to Icra. ...


Wednesday, 09 October 19
SHIPPING MARKET INSIGHT - INTERMODAL
As we have already stated in previous insights, we had expected that the recovery on rates and activity across all segments in the offshore market ...


Thursday, 03 October 19
OIL PRICE ASSUMPTIONS UNCHANGED, NBP GAS PRICE LOWERED - FITCH RATINGS PRIMARY - FITCH RATINGS
Our oil price assumptions are unchanged, despite the recent price volatility following the attacks on Saudi Arabia's oil infrastructure, Fitch ...


Thursday, 03 October 19
SHIPPING MARKET INSIGHT
Edible oil products across the board are showing healthy amount of export activity, however, rates in most cases are struggling to move accordingly ...


   263 264 265 266 267   
Showing 1321 to 1325 news of total 6871
News by Category
Popular News
 
Total Members : 28,619
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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