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

Monday, 25 October 21
A QUESTION OF POSSESSION - THE BALTIC EXCHANGE
Possession and tangibility are closely related concepts long established under English law. Yet a change to these concepts is around the corner. Th ...


Monday, 25 October 21
CHINA VOWS TO SEVERELY PUNISH MARKET VIOLATIONS AMID LOW COAL FUTURES PRICES - GLOBAL TIMES
Domestic coal futures had plunged for three consecutive trading days after the government vowed to crack down on soaring prices, and China’s ...


Monday, 25 October 21
FARMERS MAY JOIN THE COAL COMMODITY MARKET TO REDUCE RISKS - GLOBAL TIMES
A recent trip to by the Global Times to East China’s Shandong Province to get a glimpse of China’s coal supply chain revealed a surpris ...


Monday, 25 October 21
CHINA COAL PRICES MARK WORST WEEK SINCE MAY ON GOVERNMENT INTERVENTION - REUTERS
China’s thermal coal futures plunged on Friday and turned in their worst week in five months, following Beijing’s strongest interventio ...


Friday, 22 October 21
THE BIG PICTURE: ENERGY MARKETS - BREAK WAVE ADVISORS
The shipping markets have been pulled further into wild markets of coal and other energy sources. Given how nebulous this sector is, it’s alw ...


   86 87 88 89 90   
Showing 436 to 440 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 ...

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