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

Wednesday, 10 April 19
KOSPO INVITED BIDS FOR 160K MT OF MIN. 3700 NCV COAL FOR JUNE LOADING
COALspot.com: South Korea state-owned utility Korea Southern Power Co. Ltd (KOSPO) issued a tender for 160,000 MT of min. 3,800 Kcal/kg ~max.4,100 ...


Wednesday, 10 April 19
CHINA'S GROWING THERMAL COAL SUPPLY TO PRESSURE EXPORTERS - FITCH RATINGS
Growing Chinese thermal coal supply is likely to lead to further tightening of import controls by the government, putting pressure on seaborne coal ...


Wednesday, 10 April 19
SHIPPING MARKET INSIGHT - INTERMODAL
The tragedy in Brazil’s Vale Brumadinho where a tailings dam collapsed in January ranks among the world’s worst mining disasters. It co ...


Monday, 08 April 19
5TH INDIA NUCLEAR NEW BUILD CONGRESS 2019
5th India Nuclear New Build Congress 2019   The congress in Mumbai aims to bring together representatives from governments, regulators ...


Monday, 08 April 19
THERMAL COAL PRICES FALL, INDIAN POWER PLANTS TO SEE LIMITED GAINS - BUSINESS STANDARD
Thermal coal prices are on a downward spiral globally. Australian coal prices have fallen nearly 20 per cent in the past week, and 40 per cent from ...


   284 285 286 287 288   
Showing 1426 to 1430 news of total 6871
News by Category
Popular News
 
Total Members : 28,627
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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