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, 30 November 09
THE FUTURES FOR THREE YEARS (2010-2012) WAS SOFT COMPARED TO LAST WEEK - VISTAAR SINGAPORE
COALspot.com (Singapore): BDI continued to drop this week and touched below 4,000 mark level. The drop in BDI was almost 12 pct and closed at 3,975 ...


Monday, 30 November 09
INDIA UTILITIES MOVE TO COAL INDEX - PRICING
Indian state utilities are leading a switch to coal index-linked pricing from fixed prices to secure imports and to be visibly paying fair market pr ...


Monday, 30 November 09
RECAPITAL TO ACQUIRE BERAU COAL
Unlisted Indonesian coal producer Berau will redeem outstanding bonds before the acquisition by Recapital Advisers is completed by the end of this y ...


Friday, 27 November 09
IMPORTING LIGNITE INTO COAL RICH KOSOVO
Balkan Insight has discovered that one of Kosovo’s biggest firms is being forced to import lignite from Malaysia and Indonesia, despite estima ...


Friday, 27 November 09
SOUTH AFRICA STILL TOPS IN COAL EXPORT RANKINGS
Mining Weekly reported that, Despite significant coal-mining capacity recently discovered in the Southern African region, according to senior coal a ...


   1242 1243 1244 1245 1246   
Showing 6216 to 6220 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 ...

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