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

Thursday, 16 October 14
PANAMAX OWNERS RECEIVE A PREMIUM FOR GOING TO INDIA VIA INDONESIA - FEARNLEYS AS
Handy The Handy/Supra market continues to slide in both hemispheres, said Fearnleys AS in its latest week report. In the Atlantic we see rates co ...


Thursday, 16 October 14
ARE WE GOING TO SHOOT OURSELVES IN THE FOOT ONCE AGAIN? - PANOS MAKRINOS
As the East part of our globe was coming back from its October holidays last week, everyone expected that the Dry Bulk market would follow suit and ...


Wednesday, 15 October 14
PANAMAX: ACTIVITY IN THE PACIFIC WAS UNIMPRESSIVE
The Dry Bulk market noted another weekly decline last week, while the BDI moved below 1,000 points taking down with it expectations that a post hol ...


Wednesday, 15 October 14
INDONESIAN COAL PRICE REFERENCE FELL TO FRESH MULTI-YEAR LOWS IN OCTOBER
COALspot.com - The Ministry of Energy & Mineral Resources of Indonesia revised down the coal bench mark price once again in October 2014. ...


Wednesday, 15 October 14
DRY BULK SHIPPING: RATE IMPROVEMENTS ARRIVED AS FORECAST, BUT UNCERTAINTY MOUNTS FOR 2015 DEMAND - BIMCO
BIMCO released its latest short term assessment of the dry bulk market, estimating that over the October-November period, the level of Capesize TC ...


   684 685 686 687 688   
Showing 3426 to 3430 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 ...

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