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, 03 June 10
INDO GOVERNMENT TRIES TO CALM BUSINESSES FEARS OVER FOREST - CLEARING MORATORIUM
The Jakarta Globe reported that, as producers of coal and palm oil continued to howl, the government on Tuesday offered reassurances that the develo ...


Thursday, 03 June 10
GOVT CONSIDERING IMPORT PARITY PRICE FOR DOMESTIC COAL
The government on June 1 said it is considering to price domestic coal on par with global rates, a move which may increase the cost of the raw mater ...


Wednesday, 02 June 10
SRI LANKA TESTS 1ST COAL POWER PLANT IN SEPT.
Sri Lanka will start testing its first 300 MegaWatt coal power plant in September with plans to connect it to the national distribution grid by Janu ...


Wednesday, 02 June 10
CHINA'S IRON ORE IMPORTS TO KEEP BEING THE BIGGEST FACTOR FOR DRY BULK FREIGHT RATES SAY READERS
With dry bulk freight rates staging a positive rally during most of May, the industry’s main benchmark, the Baltic Dry Index (BDI) has managed ...


Wednesday, 02 June 10
KIDECO TO PRODUCE 29.5 MILLION TONS OF COAL IN 2010
COALspot.com: Kideco to produce 29.5 million tons of coal in 2010 up 4.8 million or about 19 percent up from 2009 production. Kideco produced 24.7 m ...


   1158 1159 1160 1161 1162   
Showing 5796 to 5800 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 ...

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