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, 29 August 16
THE 5000 GAR THERMAL COAL INDEX HAS STRENGTHENED BY 9.90% SINCE JANUARY
COALspot.com: A rally in thermal coal prices over the past few months, after years of decline, is still continuing upward and it is expected to ral ...


Monday, 29 August 16
THE FREIGHT MARKET WAS STEADY AND FIRM THIS PAST WEEK; BCI ROSE 18.74%
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities rose and ending in a positive note this past week except ...


Friday, 26 August 16
WEEKLY US COAL OUTPUT UP 0.7% W/W TO 16 MMST: EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 16 million short tons ...


Thursday, 25 August 16
SUPRAMAXES ARE BEING FIXED IN REGION OF $9000
Supramax Due to Chinese coal imports which continues to source much of the tonnage in SE Asia combined with a good flow of mineral exports ex Aus ...


Wednesday, 24 August 16
MARKET INSIGHT
Brazil and the world bid farewell on Sunday to the first Olympic Games in South America in the midst of a finale meant to be both one last bash and ...


   460 461 462 463 464   
Showing 2306 to 2310 news of total 6871
News by Category
Popular News
 
Total Members : 28,692
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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