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, 26 June 14
COAL DIVESTMENT CAMPAIGNS COME WITH RISKY UNINTENDED CONSEQUENCES - WCA
Last week I presented to the Expert Group on investments in coal and petroleum companies, the body set up to advise the Norwegian Government on whe ...


Wednesday, 25 June 14
INDONESIAN COAL EXPORTS ON RISE; EARNINGS FALL ON LOWER SELLING PRICES
COALspot.com:  Indonesia, one of the world's largest coal producer and the global largest multi grade coal exporter shipped around $1.84* ...


Wednesday, 25 June 14
THE PANAMAX MARKET REACHED FRESH LOWS FOR THE YEAR, SAYS INTERMODAL
COALspot.com: The Dry Bulk market closed off the week noting a slight decrease, but this image of stability is merely representative of freight rat ...


Wednesday, 25 June 14
SHIPPING: MARKET INSIGHT - YANNIS OLZIERSKY
During his recent visit in London, China's Premier, Li Keqiang, announced that China's economy, the world's second largest after the US ...


Tuesday, 24 June 14
INDONESIAN COAL MINER TARGETS RP 313 BILLION IPO
COALspot.com: Indonesian coal miner PT Mitrabara Adiperdana is aiming to raise up to Rp 313 billion to Rp 368 billion (approximately $26.133 millio ...


   727 728 729 730 731   
Showing 3641 to 3645 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 ...

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