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

Saturday, 09 January 10
THE FAR EAST MARKET STARTED TO STABILIZE - FEARNLEYS
Handy The FEAST market started to stabilize after the quite holidays and we saw growing activity fed by Chinese coal and iron ore imports and Indi ...


Saturday, 09 January 10
IMPORTED, LOCAL COAL TO BE MIXED IN POWER DRIVE
The government is likely to create a pool price of coal, wherein imported coal and Indian coal could be mixed, making the imported coal becomes more ...


Friday, 08 January 10
SA COAL PRICES TO SPIKE ON RESUMED INDIA BUYING
South African coal prices are set for another price surge to over $100 a ton FOB as Indian and Chinese buyers compete for limited prompt supply, pro ...


Friday, 08 January 10
COLOMBIAN COAL STARTS TO MOVE TO CHINA - TRADERS
* Producer sells cape cargo Colombian coal to China * Firm bids in freight market * More shipments expected Colombian coal is starting to move ...


Thursday, 07 January 10
PT. BUKIT ASAM TO BUILD NEW COAL LOADING TERMINAL AND COAL LOADER
COALspot.com (Indonesia): PT Bukit Asam (Persero) Tbk, Indonesia’s state owned  coal mining company,  is planning to build an additi ...


   1220 1221 1222 1223 1224   
Showing 6106 to 6110 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 ...

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