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

Wednesday, 19 October 11
ADARO ACQUIRES BUKIT ENIM ENERGI - INSIDER STORIES
Insider Stories reported that, Coal miner PT Adaro Energy Tbk, via its subsidiary dubbed PT Alam Tri Abadi, today revealed a 46% stake takeover of a ...


Tuesday, 18 October 11
INDONESIAN PRESIDENT APPOINTS JERO WACIK AS NEW MINISTER OF ENERGY & MINERAL RESOURCES
COALspot.com - Jero Wacik has been appointed as minister of energy and mineral resources of Indonesia replacing Darwin Saleh and Prof. Widjajono Par ...


Tuesday, 18 October 11
DELTA DUNIA MAKMUR HAS PRODUCED 3.0 MILLION TONS OF COAL LAST MONTH
COALspot.com - PT. Delta Dunia Makmur, wholly owned subsidiary, PT Bukit Makmur Mandiri Utama (BUMA), Delta Dunia Makmur has removed 1.4 million bcm ...


Monday, 17 October 11
KOWEPO TO BUY 260,000 MT BITUMINOUS COAL
COALspot.com - KOWEPO has issued a spot tender for 260,000MT of minimum 5,600kcal/kg NAR Bituminous Coal. The tender document also mentioned tha ...


Monday, 17 October 11
CAPESIZE SHIPPING COSTS CLIMB TO 10-MONTH HIGH ON ORE IMPORTS
The cost to hire capesize vessels climbed to a 10-month high as rising imports of iron ore to China boosted demand for the ships.Monthly iron-ore sh ...


   1004 1005 1006 1007 1008   
Showing 5026 to 5030 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 ...

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