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

Friday, 30 April 21
HIGH-SULPHUR FUEL OIL SALES REBOUND AFTER PRE-IMO 2020 - BIMCO
HSFO sales are up 47.2% from Q1 2020, reaching 3.1m tonnes. This is however still less than a third of high-sulphur fuel sales in Q1 2019, before t ...


Wednesday, 28 April 21
MARKET INSIGHT - INTERMODAL
Despite the current challenges as a result of the global pandemic, 2021 is turning out to be a landmark year for the iron ore market with spot pric ...


Monday, 26 April 21
CHINA TO FURTHER CUT COAL USE IN 2021 - XINHUA
China aims to reduce the share of coal in its energy mix to less than 56% this year, according to a guideline released by the National Energy Admin ...


Wednesday, 21 April 21
COAL FINANCING COSTS HAVE SURGED IN PAST 10 YEARS - UNIVERSITY OF OXFORD - THE GUARDIAN
Coal financing costs have surged over the last decade as investors demand returns four times as high as the payoff required from renewable energy p ...


Tuesday, 20 April 21
US DOLLAR LIBOR TRANSITION IN ASSET FINANCE - WHERE ARE WE NOW? - WATSON FARLEY & WILLIAMS
Since our last article, there has been a raft of regulatory and market body announcements relating to the transition away from LIBOR and the follow ...


   117 118 119 120 121   
Showing 591 to 595 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 ...

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