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, 25 August 14
API 8 CFR SOUTH CHINA COAL SWAP GAINED DAY OVER DAY AND MONTH OVER MONTH
COALspot.com: API 8 CFR South China Coal swap for delivery in September 2014 increased US$ 0.30 (+0.44%)  day on day and decreased US$ 0.20 (- ...


Sunday, 24 August 14
SEA FREIGHT MARKETS STARTING TO LOOK POSITIVE; CAPES DRIVE FREIGHTS HIGHER
COALspot.com: The freight market has strengthen further this week with BDI up 7.19 pct week on week. The BDI was closed at 1,088 points while the B ...


Friday, 22 August 14
INDIAN IRON ORE ROYALTY RISE NOT LIKELY TO HURT STEELMAKERS' MARGINS - FITCH
Fitch Ratings does not expect an increase in India's iron ore royalty rates to have a major impact on the profitability of steel producers in t ...


Friday, 22 August 14
ARBITRATION CLAUSE IN LOU HELD TO REPLACE CHARTERPARTY ARBITRATION CLAUSE
KNOWLEDGE TO ELEVATE The Claimants had claims for cargo damage against the vessel Owners arising under four bills of lading. The vessel was th ...


Friday, 22 August 14
ICAP ENERGY LAUNCHES GLOBAL COKING COAL DERIVATIVES TRADING
First contract completed and cleared on CME COALspot.com: ICAP Energy, the energy business of ICAP plc, announces today that it has successful ...


   705 706 707 708 709   
Showing 3531 to 3535 news of total 6871
News by Category
Popular News
 
Total Members : 28,636
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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