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, 06 March 19
KOREA SOUTHERN POWER CO INVITES BIDS FOR 980,000 MT OF 4600 NCV COAL FOR THREE YEARS
COALspot.com: South Korea state-owned utility Korea Southern Power Co. Ltd (KOSPO) issued a tender for 320,000 MT of min 4,600 kcal/kg NCV low calo ...


Wednesday, 06 March 19
SHIPPING MARKET INSIGHT - INERMODAL
In a downward moving market, softer SnP activity is usually a given, as the gap between Sellers’ and Buyers’ ideas widens, especially w ...


Saturday, 02 March 19
A 60,500-TONNER WAS BOOKED DELIVERY SINGAPORE, VIA INDONESIA, REDELIVERY WEST COAST INDIA, AT $11,250 - BALTIC BRIEFING
Capesize Vale’s ongoing absence from the Brazil spot market continued to have a negative impact on sentiment, with rates falling in all a ...


Thursday, 28 February 19
COAL'S PERFECT STORM HITS $70 BILLION AUSTRALIAN PROJECTS - BLOOMBERG
It’s been a tough few weeks for our coal industry.   First there was a court ruling blocking a new mine on climate change ground ...


Wednesday, 27 February 19
SHIPPING MARKET INSIGHT - INTERMODAL
With the IMO 2020 approaching, it becomes challenging for the market to accurately explore the run-up to the deadline given that marine fuel-oil of ...


   290 291 292 293 294   
Showing 1456 to 1460 news of total 6871
News by Category
Popular News
 
Total Members : 28,706
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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