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, 14 September 09
INDONESIAN GOVT UPBEAT ABOUT $1.5B, 185-KM COAL RAILWAY PROJECT
In addition to a 30-year concession right, the government will also award a competitive pricing scheme as an incentive to lure investors in a US$1.5 ...


Monday, 14 September 09
BOOM FORECAST FOR COAL OUTPUT
SMH.com reported that, A COAL investment boom is driving Australian production to new peaks even as our biggest export markets shift towards cleaner ...


Sunday, 13 September 09
COAL INDIA MAY ACQUIRE ASSETS OF RIO TINTO
Coal India’s plan to acquire overseas mining assets is gathering steam. After a breakthrough in Mozambique, the coal behemoth has received&nbs ...


Saturday, 12 September 09
THE INDIA / FAR EAST SEEMS WILL CONTINUE TO BE SOFT UNTIL THE IRON ORE MOVEMENTS PICKS UP - CAPT. REDDY
COALspot.com (Singapore): The dry bulk market continued to be stable at almost as same levels as last week and the BDI  was at 2,468 points. ...


Saturday, 12 September 09
GOVT REQUESTS MORE TIME TO ACQUIRE 21% SHARES IN NNT
The Jakarta Post reported that, the government plans to request a postponement for the acquisition of 21 percent shares in PT Newmont Nusa Tenggara ...


   1284 1285 1286 1287 1288   
Showing 6426 to 6430 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 ...

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