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

Wednesday, 17 February 10
LAND OVERLAPPING UNAVOIDABLE
Land overlapping issues in the mining industry is unavoidable due to the availability of mineral, coal, and oil resources which are often located be ...


Wednesday, 17 February 10
JORONG COULD COST BANPU 5%
Banpu Plc, Asean's biggest coal miner, forecasts a 5% drop in revenue if its suspended coal mine in Indonesia is closed for one year, says presiden ...


Wednesday, 17 February 10
RUSSIA KRU JAN COAL EXPORTS DOWN 4 PCT
Kuzbassrazrezugol, Russia's second largest steam coal producer, exported 1.859 million tonnes of coal last month, down 80,000 tonnes or 4 percent f ...


Wednesday, 17 February 10
VEDANTA SET FOR PORTS ENTRY WITH VIZAG TENDER
Vedanta, along with Leighton Contractors India, quoted a revenue share of 38.1% to win the 30-year contract Mining and metals conglomerate Vedant ...


Tuesday, 16 February 10
TRENDS DRY BULK MARKET ... TRENDS - BRS
The start of the Chinese New Year had an immediate impact on rates and for once all the dry bulk segments lost similar ground. The BDI fell 5%, a ...


   1196 1197 1198 1199 1200   
Showing 5986 to 5990 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 ...

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