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, 28 April 11
BALTIC DRY INDEX NUDGES UP AFTER DAYS OF LOSSES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
After consecutive falls, the dry bulk freight market, as followed through the Baltic Dry Index, finally caught a breather yesterday, with the BDI ma ...


Wednesday, 27 April 11
KEWESPO CALLS FOR 765KT OF THERMAL COAL
COALspot.com - South Korea's East-West Power Co's (KEWESPO) has issued a tender to buy total 765,000 tonnes of thermal coal for delivery between J ...


Wednesday, 27 April 11
HARUM ENERGY TO PAY RP 659.1B IN DIVIDENDS - THE JAKARTA POST
The Jakarta Post reported that, Indonesian coal miner Harum Energy is planning to pay out Rp 659.1 billion (US$76.46 million) in dividends this year ...


Wednesday, 27 April 11
TSIS $5 MILLION PLANT TO START PRODUCING UPGRADED COAL - THE JAKARTA POST
The Jakartapost reported that, PT Total Sinergy International (TSI), in association with Agritrade Resources Limited of Hong Kong, will upgrade its ...


Wednesday, 27 April 11
RAIN CONSIDERS COAL MINES TAKEOVER - INSIDER STORIES
Indonesian's tenth largest coal miner in term of coal concession, PT Resource Alam Indonesia Tbk (KKGI), is considering to acquire several coalmine ...


   1056 1057 1058 1059 1060   
Showing 5286 to 5290 news of total 6871
News by Category
Popular News
 
Total Members : 28,630
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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