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, 12 April 10
INDIA'S NALCO TO INVEST BIG IN INDONESIA'S ALUMINIUM PROJECT - BERNAMA
Bernama reported that, India's state- owned National Aluminium Company Ltd (Nalco) is to pump in massive investment to set up a aluminium smelter a ...


Saturday, 10 April 10
VESSELS OPEN N. CHINA WERE SEEN FIXED AT HIGH TEENS FOR TRIP VIA INDONESIA TO INDIA - VISTAAR SINGAPORE
COALspot.com: The BDI indices was almost at same levels was down by only 2.6 pct. The cape index was down by almost 13 pct, which appears to be s ...


Saturday, 10 April 10
KRISHNAPATNAM PORT GROWS BY ALMOST 100% IN ITS SECOND YEAR OF OPERATIONS
COALspot.com ( Press Release): It has been a year of setting numerous records for Krishnapatnam Port. Krishnapatnam Port is only in its second year ...


Saturday, 10 April 10
TRANS-ASIA SEEKS SEMIRARA, INDO SUPPLIERS FOR COAL POWER PLANT - MANILA STANDARD TODAY
Manila Standard Today  reported that, Trans-Asia Oil & Energy Development Corp., a unit of the Phinma Group, will tap Semirara Mining Corp. ...


Thursday, 08 April 10
THE FAR EAST SHIPPING MARKET FIRMING SINCE THE LAST WEEK
Handy Little  fresh  interest  early  this  week  after  the  holidays.  The  BSI  saw yest ...


   1177 1178 1179 1180 1181   
Showing 5891 to 5895 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 ...

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