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

Monday, 28 May 18
KOMIPO ISSUED ANOTHER TENDER FOR 130K MT OF 5700 NAR COAL
COALspot.com: South Korea state-owned utility Korea Midland Power (KOMIPO) issued a tender for 130,000 mt of min. 5700 NAR coal of Australian origi ...


Thursday, 24 May 18
SUPRAS FIXING AROUND USD 15000 FOR INDO TO CHINA COAL TRIPS - FEARNLEYS
Capesize Both the physical and the paper market have dropped sharply the last couple of days on the back of a lack of fresh cargoes and a growing ...


Thursday, 24 May 18
FITCH: FALLING COAL INVESTMENT TO SUPPORT ASIAN PRICES
Press Release: The long-term outlook for the Asian thermal coal prices is improving, amid rising regional demand and falling mining investment, whi ...


Thursday, 24 May 18
BEIJING ORDERS UTILITIES, MINERS TO HELP COOL RED-HOT COAL MARKET: SOURCES - REUTERS
China’s state planner ordered utilities this week to stop stockpiling thermal coal and told miners to slash prices, two sources familiar with ...


Wednesday, 23 May 18
TANKER MARKET INSIGHT - TIMOS PAPADIMITRIOU
In the last six months we have seen more than 110 reported tanker transactions involving tonnage larger than 32k dwt and younger than 18 years old. ...


   342 343 344 345 346   
Showing 1716 to 1720 news of total 6871
News by Category
Popular News
 
Total Members : 28,635
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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