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, 22 December 10
PEABODY ENERGY TO SOURCE INDONESIAN COAL FROM PT SUPRA BARA ENERGI (SBE) - COAL GEOLOGY
Coal Geology reported that, Peabody Energy has entered into an agreement to source coal from PT Supra Bara Energi (SBE), which will be sold on the e ...


Wednesday, 22 December 10
INDONESIAN COAL LOAD PORT WEATHER CONDITION AND DELAYS
COALspot.com - The several leading shipping agents in Indonesia, said due to rainy season in Indonesia, loading activities in coal loading ports hav ...


Wednesday, 22 December 10
COAL INDIA CLOSE TO BUYING 15% STAKE IN AUSTRALIAN MINE - ECONOMIC TIMES
Economic Times reported that, Coal India (CIL) is close to buying a stake between 10% to 15% in an Australian mine owned by Peabody, a US company. ...


Wednesday, 22 December 10
CAPESIZE FUTURES MARKET RATES ARE EXPECTED TO CONTINUE THEIR DRIFT DOWN IN 2011 - BRS
Nearly two months of weekly declines in the Baltic Capesize Index were finally halted last week with a small 1% increase Friday-to-Friday. The impro ...


Wednesday, 22 December 10
DRY BULK MARKET LOOKING FOR DIRECTION AMID HOLIDAYS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market isn’t exhibiting a “festive” behavior, thus cheering ship owners and investors alike. Instead, the industry&rs ...


   1094 1095 1096 1097 1098   
Showing 5476 to 5480 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 ...

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