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

Thursday, 06 October 22
COAL INDIA ASKED TO ENHANCE SUPPLY TO THERMAL POWER PLANTS - IANS
With the festival season round the corner, Coal India Ltd. has been directed by the government to scale up dispatch to thermal power plants. &n ...


Wednesday, 05 October 22
BUNKER PRICES DOWN AGAIN; IS THERE MORE TO COME? - INTEGR8 FUELS
It’s the economy…..”   VLSFO prices are now back to levels at the start of this year. After all the extremes of thi ...


Wednesday, 05 October 22
MARKET INSIGHT - INTERMODAL
Amid the looming western sanctions on Russia, the country is challenged to pivot its energy markets away from Europe and toward the East. Yet, Russ ...


Tuesday, 04 October 22
A REMARKABLE SHIFT IN FORTUNES HAS BEEN NOTED IN THE CRUDE OIL TANKER MARKETS - ALLIED SHIPPING
A remarkable shift in fortunes has been noted in the crude oil tanker markets over the past month, yet despite these shifts being seemingly in thei ...


Tuesday, 04 October 22
OIL PRICES COULD SOON RETURN TO $100 AS OPEC+ CONSIDERS ‘HISTORIC’ CUT, ANALYSTS SAY - CNBC
An influential alliance of some of the world’s most powerful oil producers is reportedly considering their largest output cut since the start ...


   42 43 44 45 46   
Showing 216 to 220 news of total 6871
News by Category
Popular News
 
Total Members : 28,617
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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