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

Friday, 15 October 21
GLOBAL STEEL DEMAND GROWTH DOWNGRADED FOR 2021 DUE TO CHINA - WORLD STEEL ASSOCIATION
The World Steel Association (worldsteel) today released an update of its Short Range Outlook (SRO) for 2021 and 2022. worldsteel forecasts that ste ...


Thursday, 14 October 21
SPIKING COAL PRICES: DON’T BLAME THE ENERGY TRANSITION - IEEFA
Volatility highlights urgency for renewables-based energy solutions   “Energy crisis.” The phrase evokes nearly-forgotten ...


Thursday, 14 October 21
EIA FORECASTS U.S. COAL PRODUCTION TOTALS 588 MMST IN 2021, UP 53 MMST YOY
U.S. coal production in EIA's forecasts totals 588 million short tons (MMst) in 2021, 53 MMst more than in 2020.    According ...


Wednesday, 13 October 21
COAL PRICES ARE ROARING BACK AMID A GLOBAL ENERGY CRUNCH - SYDNEY MORNING HERALD
Soaring coal prices have placed Australia’s mining and energy exports on track to reach a record $349 billion this year evenas the value of t ...


Wednesday, 13 October 21
CHINA ISN'T THE ONLY HUGE ASIAN ECONOMY WITH A COAL SHORTAGE NOW - CNBC
China is not the only Asian giant grappling with an energy crunch — India is also teetering on the edge of a power crisis.   Mos ...


   90 91 92 93 94   
Showing 456 to 460 news of total 6871
News by Category
Popular News
 
Total Members : 28,624
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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