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, 12 July 12
SOUTHGOBI RESOURCES ANNOUNCES NOTICE OF INVESTMENT DISPUTE FILED AGAINST MONGOLIAN GOVERNMENT
Press Release - SouthGobi Resources Ltd. (TSX: SGQ, HK: 1878) (“SouthGobi”) announced today that SGQ Coal Investment Pte. Ltd., a wholly ...


Wednesday, 11 July 12
HBA DROPPED SHARPLY IN JULY
COALspot.com -  Indonesian HBA fell to lowest level since September 2010 in July 2012. The monthly coal reference price for coal sales this mon ...


Wednesday, 11 July 12
SUB-BIT FOB INDONESIA COAL SWAP LOST $ 1.26 PER TON
COALspot.com - Sub-Bit FOB Indonesia Coal decline for a second day yesterday, according to SGX AsiaClear OTC Coal Swaps. The prices for shipments to ...


Tuesday, 10 July 12
DRY BULK MARKET RECORDS MODEST GAINS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market inched a bit higher on Monday, with the Baltic Dry Index (BDI) ending the session up by 5 points to 1,162. Most markets were hig ...


Saturday, 07 July 12
INDONESIA-JAPAN RELATIONS TURN SOUR - THE JAKARTA POST
The Jakarta Post, the one of the leading Indonesian English new papers reported that, Bilateral relations between Indonesia and Japan have recently ...


   931 932 933 934 935   
Showing 4661 to 4665 news of total 6871
News by Category
Popular News
 
Total Members : 28,694
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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