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, 17 February 11
UNCERTAINTY AND VOLATILITY - FEARNBULK
Handy Recovering market as evidenced by the solid USD 16k/day achieved by a handymax from Continent to east Med with scrap. More short period requ ...


Tuesday, 15 February 11
INDONESIAN COAL FOR HARYANA THERMAL PLANTS - PUNJAB NEWS LINE
To tide over the recurring coal shortage at thermal plants Haryana Power Generation Corporation Limited (HPGCL) has gone for Malaysian coal for its ...


Tuesday, 15 February 11
TONNAGE OVERSUPPLY TO CHOKE FREIGHT RATES IN THE COMING MONTHS SAYS BIMCO - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In a new report assessing the dry bulk market, BIMCO’s analysis suggests that freight rates for Capesize vessels are likely to remain depresse ...


Sunday, 13 February 11
COAL MARKETS 2011 TO HIGHLIGHT INDONESIAN COAL AND NEW SOURCES OF COAL SUPPLY
“Over 300 senior decision-makers from coal mining, power and trading companies expected to congregate in Singapore” Press Release - K ...


Sunday, 13 February 11
YEAR OF RABBIT PUSHING FREIGHT MARKET UP
COALspot.com – “The market finally moved up with firmness in all sectors with some positive signs of markets recovering”, said Cap ...


   1074 1075 1076 1077 1078   
Showing 5376 to 5380 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 ...

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