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

Sunday, 15 February 15
BALTIC DRY INDEX CONTINUALLY DIPPED IN RED
COALspot.com: The Baltic Dry Index continues its decline and fell 5.18 pct to 530 points week on week due to falling commodity prices and declining ...


Saturday, 14 February 15
SHALE GAS AND TIGHT OIL ARE COMMERCIALLY PRODUCED IN JUST FOUR COUNTRIES - EIA
KNOWLEDGE TO ELEVATE The United States, Canada, China, and Argentina are currently the only four countries in the world that are producing com ...


Friday, 13 February 15
U.S. WEEKLY COAL PRODUCTION SHOWS 10% DECLINE
COALspot.com – United States the world's one of the largest coal producers, produced approximately 18.1 million short tons (mmst) of coal ...


Friday, 13 February 15
SMALL AND MEDIUM-SIZED SHIP OWNERS SQUEEZED OUT OF THE MARKET ON CRASHING DRY BULK MARKET AND EUROZONE CRISIS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Financing issues have started to tighten the noose in the throats of small and medium-size ship owners, who were already facing problems over the p ...


Thursday, 12 February 15
CAPESIZE: THE BEST DESCRIPTION FOR THE MARKET IS, FLAT - FEARNRESEARCH
Handy The handy and supra market is also being affected by the marginal volume of activity in the commodity sales. We see a small upturn in the T ...


   638 639 640 641 642   
Showing 3196 to 3200 news of total 6871
News by Category
Popular News
 
Total Members : 28,635
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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