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, 13 February 19
MALAYSIA WAS THE REGION'S LARGEST COAL IMPORTER WITH 34 MT IN 2018, UP 25% Y-O-Y
Although coal market in 2018 started with strong prices, starting in the beginning of the second half of 2018, the international spot prices for co ...


Wednesday, 13 February 19
SHIPPING MARKET INSIGHT - INTERMODAL
If there is one word that can describe the current shipping environment then that this word is most probably “volatility.” The sentimen ...


Saturday, 09 February 19
SUPRAMAX: A 63,000-TONNER WAS REPORTED FIXED DELIVERY FOR AN EAST KALIMANTAN TRIP, REDELIVERY WEST COAST INDIA, AT $9,250 - THE BALTIC BRIEFING
Cape The Vale disaster weighed heavily on the market for big ships, with uncertainty about shipments/future exports leading to a sharp drop in ...


Friday, 08 February 19
LOWER-QUALITY INDONESIA EXPORTS ROSE 39 MT IN 2018 YOY PRIMARILY IN RESPONSE TO INCREASED DEMAND FROM CHINA AND INDIA - PEABODY
"Underlying seaborne met and thermal coal conditions remain quite positive and the pace of U.S. coal-fueled power plant retirements is expecte ...


Thursday, 07 February 19
QATAR CAN GAIN FROM DECLINING COAL - THE PENINSULA
With North America and Europe closing down their old coal and nuclear plants, major gas exporters like Qatar can and should gain market share. With ...


   293 294 295 296 297   
Showing 1471 to 1475 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 ...

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