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, 06 July 18
COAL PRICES HAVE REMAINED STRONG BUT ARE SET TO DECLINE - NAB
Coal spot prices have been highly volatile in recent years, with an upward trend since recent lows in April 2018, National Australia Bank says in i ...


Friday, 06 July 18
HOW FLEET SIZE, CORPORATE PROFILE AND STRATEGY ARE DECIDING FACTORS IN SELECTING AN APPROPRIATE FINANCING STRATEGY - PWC
KNOWLEDGE TO ELEVATE The challenges that shipping companies are facing when selecting an appropriate financing strategy during the current per ...


Friday, 06 July 18
INDIA: GOVT TO RELAX CURBS ON INDIAN FIRMS CHARTERING FOREIGN SHIPS - HINDU BUSINESS LINE
The Ministry of Shipping is clearly in reform mode. On the heels of the recent relaxation of the cabotage law, which allows foreign flag vessels to ...


Friday, 06 July 18
AUSTRALIAN NEWCASTLE SPOT COAL PRICES HIT $120 FOR 1ST TIME SINCE 2012 - REUTERS
Australian thermal coal prices have broken through $120 per tonne for the first time since 2012, driven up by strong consumption in Asia and spot m ...


Thursday, 05 July 18
WHAT THE FAILED GLENCORE-TOHOKU COAL TALKS MEAN FOR THE MARKET - REUTERS
Electric utilities in Japan and other Asian countries are driving blind when it comes to coal prices after the failure of Japan’s Tohoku Elec ...


   334 335 336 337 338   
Showing 1676 to 1680 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 ...

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