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
Friday, 25 September 09
FREIGHT RATE CUTS MAKING SOUTH AFRICAN COAL MORE COMPETITIVE IN ASIAN MARKETS


Mining Weekly reported that, Coaltrans South Africa MD Gerard Strahan highlighted the country’s sudden increase in coal exports to southern China and the accelerated push by Indian importers for more tonnage, during the Coaltrans conference, held in Johannesburg earlier this month. 
He attributed the increase to China’s accelerated infra-structure build and the liberal-isation of the Indian coal sector, as well as the latter country’s struggles to fulfil its Ultra Mega Power projects programme.

Strahan pointed out that the domestic markets had also been promising, and increased their effectiveness and competitive position by reducing freight rates by about a quarter in the last month.

The reduced pricing was exerting pressure on Australian and Indonesian markets, significantly improving South Africa’s competitive position to supply eastern and northern Asian markets. “Clearly, the tradition whereby most South African coals were directed to Europe is set to change,” he said.

In addition, the country would see the arrival of 128 new Capesized vessels by the end of the year. This was the equivalent of an additional 14% of the existing fleet.

“Inevitably, this must lead to cheaper freight rates, consequently offering South African producers an economic advantage and wider market options going forward.”

However, Strahan said that the lingering question was whether South African coal producers were able to supply sufficient volumes of coal to fill logistic export capacities in addition to supplying State utility Eskom and other domes-tic industries.

Strahan said that it was expected that exports from the Richards Bay Coal Terminal (RBCT) would fall below 70-million tons this year. “This can be attributed partly to the 
persistent rail transport prob-
lems, as well as the conse-quences of heavy rains, signal failures and generally lower production by South African coal producers.

“All of this, when RBCT capacity is set to increase by next month, on the phase five programme, to 91-million tons of capacity.”

However, Strahan noted that the RBCT’s exports in July rose by just over 30%, compared with exports for the corresponding period in 2008, with much of that heading for India.

“In fact, India now accounts for 20% to 30% of export volumes from South Africa. And, indeed, that is set to expand.”

Lastly, Strahan commented that it should not go unnoticed that other export terminals performed very well during the year, including the Maputo coal terminal and the Durban export facility.
Source: Mining Weekly



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Tuesday, 20 October 09
RECAPITAL SET TO BUY INDONESIA'S BERAU COAL - SOURCES
* COULD PAY AT LEAST $1.3 BLN FOR BERAU - SOURCES * RECAPITAL CONFIRMS IT HAS BID FOR BERAU * BAKRIE GROUP LIKELY TO BACK BID – SOURCES ...


Tuesday, 20 October 09
COAL PRICES TO SURGE IN 2010 DESPITE AMPLE SUPPLY
Commodity Online reported that, Coal prices are indeed destined to go higher as they follow the rise of ‘coal currencies’ such as Austra ...


Tuesday, 20 October 09
INDIA MAY CUT STAKE IN NTPC BY DECEMBER, POWER SECRETARY SAYS
Bloomberg reported that, India’s government may sell a 5 percent stake in NTPC Ltd., the country’s biggest power producer, as early as D ...


Monday, 19 October 09
COAL PRICE UP AGAIN - RICHARDS BAY TERMINAL
Export prices rose 45 cents, or 0.7%, to an average of 64.05 a metric ton in the week ended Oct. 16, according to McCloskey Group. The week was & ...


Monday, 19 October 09
COAL MINISTRY SEEKS EXPLANATION FROM AP GENCO
The Hindu Business reported that, the Coal Ministry has asked the Power Generation Corporation of Andhra Pradesh (AP Genco) to explain why there was ...


   1264 1265 1266 1267 1268   
Showing 6326 to 6330 news of total 6871
News by Category
Popular News
 
Total Members : 28,706
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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