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, 19 January 12
SOUTHGOBI RESOURCES SELLS MORE THAN FOUR MILLION TONNES OF COAL IN 2011, 58% MORE THAN 2010
COALspot.com - SouthGobi Resources Ltd. (TSX: SGQ, HK: 1878) has successfully complets year 2011 on guidance in terms of coal sales and production. ...


Thursday, 19 January 12
14TH VOGP MEETING IN HO CHI MINH CITY HANDS OUT LATEST UPDATES AND DEVELOPMENTS IN VIETNAM'S ENERGY INDUSTRY
Press Release: At upcoming 14th Vietnam Oil Gas Power on 27-28 Feb in Ho Chi Minh City the industry’s most influential names including Petrovi ...


Thursday, 19 January 12
DELTA DUNIA SEALS US$820 MIO CONTRACT INSIDER STORIES
Insider Stories reported that, PT Delta Dunia Makmur Tbk (DOID) has announced that its primary operating subsidiary, PT Bukit Makmur Mandiri Utama ( ...


Wednesday, 18 January 12
WARM WINTER ACROSS EUROPE HAS IMPACTED NEGATIVELY COAL DEMAND - BRS
With the Chinese New Year just a week away, all markets are slowing down. The drop in freight rates for all sizes has been significant over the past ...


Wednesday, 18 January 12
DRY BULK MARKET'S DRAMA CONTINUES IN START OF NEW WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
A flurry of newbuilding deliveries, coupled with a slow start to the new year, a typical trend for the dry bulk market, has led the industry's benc ...


   975 976 977 978 979   
Showing 4881 to 4885 news of total 6871
News by Category
Popular News
 
Total Members : 28,695
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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