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, 11 November 21
ASIA COAL POWER PIPELINE TO SHRINK BY TWO THIRDS AFTER CHINA FINANCE CUT - REUTERS
Asia’s pipeline of proposed coal-fired power plants is expected to shrink from 65 gigawatts to 22 gigawatts following China’s pledge to ...


Tuesday, 09 November 21
ASIA-PACIFIC IS HOME TO SOME OF THE WORLD'S LARGEST CARBON-EMITTERS - 2 CHARTS SHOW ITS RELIANCE ON COAL - CNBC
Asia-Pacific is home to some of the world’s largest carbon emitters — and experts say much of global efforts to fight climate change de ...


Tuesday, 09 November 21
CHINA DAILY COAL OUTPUT HITS MULTI-YEAR PEAK, PRICES EXPECTED TO FALL - REUTERS
China’s daily coal output hit 11.93 million tonnes last week, a multi-year high as more capacity returned to operation, the state planner sai ...


Thursday, 04 November 21
CHINA'S COAL MARKET SEES SIGNIFICANT IMPROVEMENTS: NDRC - GLOBAL TIMES
China’s top economic planner has declared initial success in its efforts to ensure coal supply and stabilize prices, saying that daily coal o ...


Thursday, 04 November 21
CHINA THERMAL COAL PRICES RISE AFTER FALLING FOR 10 DAYS - REUTERS
China thermal coal futures rebounded on Wednesday after falling for 10 days on an expected jump in fuel demand to meet heating needs amid forecasts ...


   82 83 84 85 86   
Showing 416 to 420 news of total 6871
News by Category
Popular News
 
Total Members : 28,702
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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