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

Sunday, 18 August 13
SUB-BIT FOB INDONESIA COAL SWAP : ON POSITIVE DIRECTION ON DAY, WEEK AND MONTH
COALspot.com –  Sub-Bit Indonesia coal swaps (FOB ) for average Q4 2013 delivery US$ 1.83 up month on month. The swap was moved positive ...


Sunday, 18 August 13
INDO - INDIA FREIGHT EXPECTED TO BE FIRM NEXT WEEK - VISTAAR
COALspot.com - The freight market was up this week with the BDI gaining more than 10 pct due to strong Cape Sector. The BDI was closed at 1,102 p ...


Friday, 16 August 13
US COAL PRODUCTION SLIGHTLY UP ON WEEK
COALspot.com – United states the world’s second largest coal producer produced totaled approximately 20.10 million short tons (mmst) of ...


Thursday, 15 August 13
CAPESIZE : TRENDS SOMETIMES SHIFT WITH NO PRIOR WARNING - FEARNRESEARCH
Handy The influence of the summer holidays across Europe was felt in the Atlantic basin this week. Very little activity and a growing list of avail ...


Wednesday, 14 August 13
ANOTHER WEEK IN THE RED FOR DRY BULK CARRIERS - INTERMODAL
Chartering (Wet: Stable-  / Dry: Stable- ) Another week in the red for Dry Bulk carriers with the market losing further steam as fewer an ...


   831 832 833 834 835   
Showing 4161 to 4165 news of total 6871
News by Category
Popular News
 
Total Members : 28,692
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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