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 : 28,619
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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