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

Wednesday, 26 August 15
2Q'16 FOB INDONESIA COAL SWAP FALLS NEARLY 4.76 PER CENT M-O-M
COALspot.com: Indonesian coal swap for delivery 4Q 2015 declined month on month and week over week. The 4Q swap was declined $ 2.20 (-5.13%) p ...


Tuesday, 25 August 15
INDONESIA MINERS' NPLS TO RISE FURTHER, BANK RISKS BUILD - FITCH
The NPLs of Indonesian mine and mine services companies are likely to rise further in the short term, says Fitch Ratings, after reaching multi-year ...


Tuesday, 25 August 15
MINER'S EARNINGS DROP ON FALLING COAL PRICES; Q2'16 FOB RICHARDS BAY COAL SWAP CLOSED AT $ 52.23 A TON
COALspot.com: API4 FOB Richards Bay Coal swap for delivery 4Q' 2015 declined month over month and week over week. The 4Q swap was down US$ ...


Monday, 24 August 15
FOB NEWCASTLE COAL SWAPS HIT FRESH LOW, DIPPING BELOW $42 A TON
COALspot.com: API 5 FOB Newcastle Coal swap for 4Q’ 2015 delivery down $ 2.20 per MT (-5.01%) month over month to US$ 41.70 per mt. The swap ...


Monday, 24 August 15
Q1'16 CFR SOUTH CHINA COAL SWAP CLOSED AT $ 48.65 PMT
COALspot.com: API 8 CFR South China Coal swap for 4Q’ 2015 delivery declined just US$ 1.89 (3.74%) per MT month over month. A commodity ...


   569 570 571 572 573   
Showing 2851 to 2855 news of total 6871
News by Category
Popular News
 
Total Members : 28,690
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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