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

Monday, 26 July 10
CEMENT MAKERS EXPLORE NEW FUELS TO REPLACE COAL - ECONOMIC TIMES
Economic Times reported that, As the cement industry reels under high raw material costs and reduced coal linkages, companies are exploring alternat ...


Saturday, 24 July 10
INDONESIAS BUKIT ASAM H1 2010, SALES RAISED 10% TO 6.44 MILLION TONS
COALspot.com: PT Tambang Batubara Bukit Asam (PTBA), Indonesian state owned mining company’s H1 2010, sales raised 10% to 6.44 million tons. T ...


Saturday, 24 July 10
INDONESIAN COAL MINERS ARE REQUIRED TO SUPPLY 64.96 MLN TONS OF COAL TO DOMESTIC MARKET IN 2010
COALspot.com : Minister of Energy and Mineral Resources of Indonesia has issued a ministerial degree related to Domestic market obligation (DMO) for ...


Saturday, 24 July 10
THE BDI SEEMS TO BE RECOVERING AND WAS UP BY ABOUT 6 PCT - CAPT. REDDY
COALspot.com: "The BDI seems to be recovering and was up by about 6 pct this week after losing for almost last 7 weeks", said Capt. Reddy, ...


Saturday, 24 July 10
ANALYSIS - GROWTH IN VESSEL SUPPLY PRESSURES OCEAN FREIGHT RATES
It's common to use global shipping rate trends as a proxy of global economic health. If demand for goods and raw materials are strong, so should it ...


   1139 1140 1141 1142 1143   
Showing 5701 to 5705 news of total 6871
News by Category
Popular News
 
Total Members : 28,634
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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