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, 11 April 16
BDI ROSE TO ITS HIGHEST LEVEL IN FOUR MONTHS
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities continued to rose this week. The freight market was ...


Friday, 08 April 16
COASTAL ENERGEN CROSSES GENERATION OF 1068 MW AND EXPORT OF 1004 MW FROM ITS 1200 MW IPP
COALspot.com: Coal & Oil (C&O) Group, an India centric Energy & Infrastructure company announced that their Coastal Energen' ...


Friday, 08 April 16
WEEKLY US COAL PRODUCTION ESTIMATES DIP 5.4% TO 11 MMST
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 11 million short ...


Friday, 08 April 16
MINISTER OF ENERGY AND MINERAL RESOURCES OF INDONESIA TO ISSUE REGULATION TO GUARANTEE THE COAL SUPPLY TO ITS 35K POWER PLANT PROJECTS
COALspot.com: In order to guarantee the supply of coal for 35,000 megawatt (mw) coal based power plants ( still in planning stage), the Minister of ...


Thursday, 07 April 16
CHINA STEEL CAPACITY CUTS FACE SOCIAL, FINANCIAL HURDLES - FITCH RATINGS
Fitch Ratings says today that the Chinese government's supply-side reform of the steel sector faces immense social and financial challenges. Th ...


   496 497 498 499 500   
Showing 2486 to 2490 news of total 6871
News by Category
Popular News
 
Total Members : 28,691
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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