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, 15 August 16
THE SPOT FREIGHT MARKET STRENGTHEN OVER THIS WEEK
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities rose as Cape and Panamax segments ending in a positive no ...


Friday, 12 August 16
U.S. WEEKLY COAL OUTPUT ENDING AUGUST 6 FELL SLIGHTLY
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 15.9 million short ton ...


Thursday, 11 August 16
CAPESIZE THE PACIFIC SIDE IS LOOKING MORE POSITIVE, DRIVEN BY AUSTRALIAN IRON ORE - FEARNLEYS
Supramax Rates continue to be under pressure with index ending up with 639 points and average TC value at USD6,680, said Fearnleys. Fearnleys A/S ...


Thursday, 11 August 16
EIA ESTIMATES THE DELIVERED COAL PRICE TO U.S. ELECTRIC UTILITIES IN 2017 AVERAGED $2.24/MMBTU; $0.05/MMBTU HIGHER THAN 2016 ESTIMATES
Coal Supply U.S. coal production in July was 65 million short tons (MMst), an 8 MMst (14%) increase from the previous month but 11 MMst (15%) low ...


Wednesday, 10 August 16
THE DRY BULK MARKET KEPT SOFTENING LAST WEEK; WE CAN SEE MUCH HEALTHIER NUMBERS STARTING SEPTEMBER
The Dry Bulk market kept softening last week as we have now started going through the traditionally quieter days of the summer season peak period, ...


   463 464 465 466 467   
Showing 2321 to 2325 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 ...

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