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, 28 June 24
INDIAN POWER STATIONS STOCKED WITH BUMPER COAL SUPPLY AS TRANSPORT WOES EASE - BUSINESS STANDARD
Even as power demand has touched a historic high of 250 gigawatts (Gw) amid sweltering heat this June, India’s power stations are stocked wit ...


Friday, 28 June 24
INDIA'S CY23 COAL USE LARGER THAN NORTH AMERICA, EUROPE COMBINED - THE HINDU
For the first time, India’s coal consumption surpassed that of North America and Europe combined in the calendar year 2023, said Energy Insti ...


Monday, 24 June 24
PLN'S FINANCIAL SUSTAINABILITY RESTS ON ACCELERATED COAL RETIREMENT AND RENEWABLES DEPLOYMENT - MUTYA YUSTIKA
On 28 May 2024, Indonesia’s national electricity utility, PT Perusahaan Listrik Negara (PLN), released its financial report for 2023. Althoug ...


Monday, 24 June 24
INDIA'S COAL-BASED POWER DEMAND AT ALL-TIME HIGH, GOVERNMENT SAYS - REUTERS
India’s demand for coal-based power has risen by 7.3% this fiscal year to an all-time high, the government said in a statement on Wednesday. ...


Monday, 24 June 24
CHINA'S COAL INDUSTRY TURNS GREENER THROUGH INNOVATIVE APPROACHES - PEOPLE'S DAILY
At an opencast mine operated by Inner Mongolia Pingzhuang Coal Group Co. Ltd., a subsidiary of CHN Energy Investment Group (CHN Energy), a 14-meter ...


   1 2 3 4 5   
Showing 11 to 15 news of total 6871
News by Category
Popular News
 
Total Members : 28,634
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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