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 April 13
TNEB HAS OPENED 4.2 MILLION TONS IMPORTED COAL TENDER
COALspot.com - TANGEDCO, the state run utility TANGEDCO (formerly known as TNEB), Tamil Nadu state owned electricity company has opened bids to purc ...


Wednesday, 10 April 13
US COAL CONSUMPTION TO INCREASE FROM 889 MMST IN 2012 TO 948 MMST IN 2013 AND 957 MMST IN 2014 - EIA
Based on estimates for the first quarter of 2013, American coal production has continued to decline. Total production is down 9.9 million short t ...


Wednesday, 10 April 13
DRY BULK FREIGHT RATES SEEN MOSTLY STABLE IN THE COMING WEEKS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS WORLDWIDE
In its latest report, BIMCO forecast that for the coming six weeks, Capesize time charter average rates will remain subdued around $4,500-8,500 per ...


Monday, 08 April 13
SUB-BIT INDONESIA COAL SWAPS: UPWARD TREND
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average Q2’ 2013 delivery has gained 2.71 percent and CFR South China coal shipment&nbs ...


Sunday, 07 April 13
CHARTER RATES ARE UNDER PRESSURE DUE TO DECLINING DEMAND - VISTAAR
COALspot.com - The freight market continued to fall further with all the indices down. The BDI was down by 5.38 pct closing at 861 points and the ...


   863 864 865 866 867   
Showing 4321 to 4325 news of total 6871
News by Category
Popular News
 
Total Members : 28,620
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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