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 : 28,705
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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