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
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 “very quiet,” Andrew Wells, an assistant editor at Petersfield, England-based McCloskey, said by phone. He speculated that buyers may be waiting for the Oct. 25-27 Coaltrans coal conference in London to get a better feel for the market.

Prices at Richards Bay, Europe’s main source of coal burned for power, have dropped 39% over the past 12 months as companies cut output and jobs to deal with the worst recession since World War II. The coal-market outlook “should improve significantly,” Sabine Schels, a New York-based analyst with Bank of America Merrill Lynch, wrote in a report dated Oct. 16.

The price of coal delivered to northwest Europe may climb to more than 100 a ton by the middle of next year, Schels wrote. That price rose 1.6% last week to 73.60 a ton, McCloskey data show. It has slid 38% over the past 12 months. India faces a coal shortage and state-owned Coal India Ltd. is seeking to buy overseas mines. China, the world’s most populous nation, uses and produces more coal than any other country.

Richards Bay Coal Terminal shipped 22% less of the fuel in September than a year earlier. Exports decreased to 4.16 million metric tons from 5.32 million tons, the terminal said in an e-mailed response to questions on Oct. 6, without giving reasons for the decline.

At its September shipment rate, the port will export 57.6 million tons of coal this year, compared with capacity of 76 million tons and shipments of 61.79 million tons last year. The terminal, on South Africa’s northeastern coast, is owned by the country’s largest coal exporters, including Anglo American Plc, BHP Billiton Ltd. and Xstrata Plc.

Power-station coal prices at the Australian port of Newcastle, a benchmark for Asia, fell 1.3% to 70.97 a ton in the week to Oct. 16, according to the globalCOAL NEWC Index. While Richards Bay is the world’s biggest coal-export terminal, Newcastle ships more of the fuel from two terminals.

The volume exported from Newcastle in the week ended 7 a.m. local time today dropped to 1.92 million tons from 2.01 million tons a week earlier, Newcastle Port Corp. said on its Web site. Nineteen ships, waiting to load 1.44 million tons of coal, were outside the harbor, down from 25 vessels.
Source: Business Day,UK Reuters,Bloomberg



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

Recent News

Wednesday, 26 August 09
COAL INDIA MAY HIKE COAL PRICES BY UP TO RS 175 (ABOUT US$ 3.60) A TONNE
The Economic Times reported that, state-owned Coal India may hike coal prices by up to Rs 175 (~ US$ 3.60) a tonne to close the gap between domestic ...


Tuesday, 25 August 09
KOREA TO INTRODUCE COAL-MINING ROBOTS TO REDUCE THE RISK OF HUMAN LOSSES FROM CONVENTIONAL MINING
Far East Gizmos reported that, The state-run Korea Coal Corp. (KOCOAL) signed a memorandum of understanding (MOU) on Monday with three Korean engine ...


Tuesday, 25 August 09
INDIA'S GNFC EXTENDED ONLINE BIDDING FOR PURCHASE OF 260,000 T COAL TO 23RD SEPTEMBER 2009
COALspot.com (India): Gujarat Narmada Valley Fertilizers Co. Ltd. (GNFC) invites offers (e-Tender) for supply of 130,000 MT +/- 5% on firm basis and ...


Tuesday, 25 August 09
ANTAM CONSIDERS ACQUIRING BHP
The Jakarta Post reported that, State mining company PT Aneka Tambang (Antam) is contemplating acquiring BHP Billiton's coal concessions in Central ...


Tuesday, 25 August 09
COAL OUTPUT TO RISE IN H2 BUT EXPORTS TO GO FLAT
The leading english news paper in Indonesia reported that, It is estimated coal production will rise by 5.7 percent in the second semester from a ye ...


   1293 1294 1295 1296 1297   
Showing 6471 to 6475 news of total 6871
News by Category
Popular News
 
Total Members : 28,619
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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