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, 17 November 11
DRY BULK MARKET INCHES FORWARD AND INTO HIGHER GROUND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market edged higher yesterday, on the back of stronger demand for Capesize vessels and general improvement of sentiment on most of the ...


Thursday, 17 November 11
KOMIPO INVITES BIDS FOR 500K MT OF COAL
COALspot.com - Korea Midland Power Co. Ltd.(KOMIPO) is inviting bids for the supply of 500,000 Metric Tons of minimum 5700 kcal/kg coal of NAR bases ...


Thursday, 17 November 11
INDONESIAN GOVERNMENT PLANS TO ISSUE MORATORIUM ON COAL MINING LICENSE
COALspot.com - Energy and mineral resources ministry is plans to issue a moratorium on the issuance of coal mining licenses, after the anti-graft co ...


Wednesday, 16 November 11
KRISHNAPATNAM PORT BECOMES DEEPEST DRAFT PORT IN INDIA
COALspot.com - Krishnapatnam Port in its quest to be the best port in India has increased its draft to 17.5 meters, according to E-Mail statement fr ...


Wednesday, 16 November 11
CHINA'S INDONESIA COAL IMPORTS RISE IN OCTOBER
COALspot.com: Indonesia, the world largest coal exporter, shipped 31,162,688 MT of coal in October 2011. China was a largest importer of Indonesi ...


   994 995 996 997 998   
Showing 4976 to 4980 news of total 6871
News by Category
Popular News
 
Total Members : 28,696
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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