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, 31 March 13
COAL FREIGHTS ARE IN FLAT TO WEAK TREND - VISTAAR
COALspot.com - This freight market after several weeks of firming up seemed to lose steam and this week all the indices were down except for handy s ...


Friday, 29 March 13
SUB-BIT INDONESIA COAL SWAPS: UP 0.55 % WOW; CFR SOUTH CHINA COAL CONTRACT: UP 0.23 % WOW
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average Q2’ 2013 delivery has gained 0.55 percent and CFR South China coal shipment&nbs ...


Thursday, 28 March 13
SHIP OWNERS KEEN ON ACQUIRING SECOND HAND TONNAGE, AS WELL AS NEW BUILDINGS IN CONVENTIONAL SEGMENTS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The recent rally of the Baltic Dry Index (BDI), coupled with renewed optimism, at least in some parts of the wet market, have prompted many ship own ...


Wednesday, 27 March 13
PTBA HAS CONCLUDED US$ 16.14 BILLION WORTH OF COAL SALES AND PURCHASE AGREEMENT WITH PLN
COALspot.com - PT. Bukit Asam, a 32 years old Indonesian state owned coal miner has signed a coal sales and purchase agreement with PT PLN, (a state ...


Wednesday, 27 March 13
SHIPPING CONFIDENCE REACHES HIGHEST LEVEL FOR TWO YEARS - MOORE STEPHENS
Overall confidence levels in the shipping industry recovered to their highest level for two years in the three months ended February 2013, according ...


   865 866 867 868 869   
Showing 4331 to 4335 news of total 6871
News by Category
Popular News
 
Total Members : 28,619
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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