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

Tuesday, 01 November 11
ATLAS RESOURCES SETS IPO AT RP1,500 - INSIDER STORIES
Insider Stories reported that, coal miner PT Atlas Resources Tbk has set its initial public offering (IPO) at Rp1,500 (approximately US$ 0.169) per ...


Tuesday, 01 November 11
DRY BULK MARKETS CORRECTION SPILLS OVER ONTO NEW WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market is losing steam, as evidenced by the falls experienced last week, which were also apparent at the beginning of the new week. A l ...


Monday, 31 October 11
CHINAS HUNGER FOR INDONESIAN COAL AT THREE YEAR-HIGH AS WINTER NEARS - JOSEPH KIRSCHKE
COALspot.com - Chinese demand for power-station coal from Indonesia has soared to its highest level in three years, as central heating plants and po ...


Saturday, 29 October 11
ATLAS RESOURCES SEALS US$95 MIO LOAN - INSIDER STORIES
Insider Stories reported that, coal producer PT Atlas Resources Tbk, that is controlled by Indonesian businessman Andre Abdi, has secured US$95 mill ...


Saturday, 29 October 11
INDONESIA TO INDIA FREIGHT LIKELY TO REMAIN SOFT
COALspot.com - The market continued to slow down and all segment were down this week. The biggest drop was in the Cape Index down by 8.19 pct&nbs ...


   999 1000 1001 1002 1003   
Showing 5001 to 5005 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 ...

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