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, 07 July 14
RBCT, THE WORLD'S SINGLE LARGEST EXPORT COAL TERMINAL SHIPPED 31.91 MMT OF COAL IN H1 2014
COALspot.com: South Africa's Richards Bay Coal Terminal (RBCT) the world’s single largest export coal terminal, shipped 31.91 million ton ...


Monday, 07 July 14
SOUTH AFRICA'S RICHARDS BAY COAL TERMINAL SHIPPED 12% LESS COAL IN JUNE COMPARED TO MAY EXPORTS
COALspot.com: South Africa's Richards Bay Coal Terminal (RBCT) the world’s single largest export coal terminal, shipped 4.91 million tons ...


Monday, 07 July 14
INDONESIAN SUB-BIT COAL SWAPS FOR Q3 DELIVERY CRASHES THROUGH $ 54.50
COALspot.com: Indonesian coal swaps for average Q3’ 2014 lost on day, week and on month according to AsiaClear OTC coal swap's reports re ...


Monday, 07 July 14
API 8 CFR SOUTH CHINA COAL SWAPS SHOW A DOWNWARD TREND THIS PAST WEEK
COALspot.com: API 8 CFR South China Coal swap for delivery in Q3 drops US$ 5.47 month on month on Friday, dipping under $68 a ton. The CFR South Ch ...


Sunday, 06 July 14
PANAMAX INDEX BEING THE BIGGEST GAINER THIS WEEK; UP 52.75% W-O-W
COALspot.com: This week there was some positive signs in all the sectors. The Panamax index being the biggest gainer this week after losing for sev ...


   723 724 725 726 727   
Showing 3621 to 3625 news of total 6871
News by Category
Popular News
 
Total Members : 28,683
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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