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

Friday, 02 May 14
US WEEKLY COAL PRODUCTION RELATIVELY FLAT AT -0.1%, SAYS EIA
COALspot.com – United States the world's second largest coal producer, produced approximately 19.0 million short tons (mmst) of coal i ...


Friday, 02 May 14
DRY BULK MARKET SHOWING SIGNS OF COMEBACK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market which has been hovering below the 1,000-point market (BDI) during the past couple of weeks, could be exhibiting signs of a s ...


Thursday, 01 May 14
INDONESIA EXPORT BAN POINTS TO QUESTIONS OVER CHINA'S LONG-TERM BAUXITE SUPPLY - WOOD MACKENZIE
China’s Bauxite demand forecast to reach 240 million tonnes by 2030 In light of the Indonesian mineral ore ban that came into force o ...


Thursday, 01 May 14
DRY BULK MARKET STILL REELING UNDER PRESSURE FROM VARIOUS FACTORS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market's revival is still overdue, as the industry's benchmark, the BDI is still lagging below the 1,000-point mark. In fac ...


Wednesday, 30 April 14
FREIGHT MARKET FOR DRY BULKERS STILL REMAINS WEAK - INTERMODAL
One week after the Easter holiday and the celebration for the resurrection of Christ, everybody expected to see a similar sign of a revival in t ...


   744 745 746 747 748   
Showing 3726 to 3730 news of total 6871
News by Category
Popular News
 
Total Members : 28,691
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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