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

Thursday, 24 September 09
ANGLO EYES DOUBLED METALLURGICAL COAL OUTPUT BY 2018
Mining group Anglo American could double its production of coal used for steel making by 2018 if all of its unapproved projects went ahead, the comp ...


Thursday, 24 September 09
S.KOREA HYUNDAI STEEL TO BUY COAL FROM SIBERIA
Reuters reported that, South Korea's Hyundai Steel said on Wednesday it will buy a maximum of 300,000 tonnes of coal per year from Siberian Anthrac ...


Thursday, 24 September 09
NO IMPORTED COAL-BASED UMPPS: TATA POWER
Will wait until policy environment becomes more favourable. Business Standard reported that, Tata Power Company (TPC), India’s largest priv ...


Thursday, 24 September 09
BUMI RAISES $1.9 BILLION SELLING DEBT TO CHINA'S CIC
Bloomberg reported that, PT Bumi Resources, Indonesia’s biggest coal producer, said it raised $1.9 billion selling debt to China’s sover ...


Thursday, 24 September 09
MACQUARIE DOWNGRADES U.S. COAL SECTOR TO NEUTRAL
Reuters reported that, Macquarie Research downgraded the U.S. coal sector to "neutral" from "overweight" as it believes that dem ...


   1279 1280 1281 1282 1283   
Showing 6401 to 6405 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 ...

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