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

Sunday, 16 May 10
INDIKA ENERGY & COAL ASSETS EXPANSION
Insider stories  reported that, PT Indika Energy Tbk (INDY) has three portfolio coal assets, PT Kideco Jaya Agung, coal asset in East Kalimanta ...


Saturday, 15 May 10
THE AVERAGE CHARTER HIRE FOR CAPE REACHES US$ 49,931 PER DAY - VISTAAR SINGAPORE
COALspot.com: "The freight market was extremely buoyant this week with BDI almost up by 9 pct and the market was very firm in Feast/SE Asia sec ...


Saturday, 15 May 10
DRY BULK MARKET POSTS HEALTHY WEEKLY GAINS
The dry bulk market has reached new highs this week, the second consecutive solid one, with the industry’s benchmark, the Baltic Dry Index (BD ...


Friday, 14 May 10
JSW BUYS COAL MINES IN US, PRODUCTION STARTS IN SEPT
JSW Steel on Friday said it has completed $100 million acquisition of coking coal assets in the US and will start production from September to parti ...


Friday, 14 May 10
KANGAROO RESOURCES TO ACQUIRE INDONESIAN COAL PROJECTS - PROACTIVE INVESTORS
Proactive Investors reported that, Kangaroo Resources (ASX: KRL) is preparing to complete the acquisition of its five outstanding Indonesian coal pr ...


   1166 1167 1168 1169 1170   
Showing 5836 to 5840 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 ...

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