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, 12 March 09
ANALYSIS-FIRST NEW JAPAN COAL DEAL MAY NOT SET BENCHMARK - FOREXPROS.COM
* Informal coal-deal practice may come to an end this year * Buyers expected to ask for a discount * Biggest losers may be Chinese coal suppli ...


Thursday, 12 March 09
DEPARTMENT RECEIVES REPORT FROM GEOLOGICAL BODY AND NEDO - ESDM
The Geological Body of the Department of Energy and Mineral Resources have presented their Joint Study on Evaluation of Coal Resources and Reserves ...


Wednesday, 11 March 09
TENAGA SHARES CLIMB AS LOWER COAL PRICES CUT COSTS - BLOOMBERG
Bloomberg reported that, Tenaga Nasional Bhd., Malaysia’s state-controlled utility, climbed the most in a month in Kuala Lumpur trading as coal ...


Wednesday, 11 March 09
POSCO WINS 63% CUT IN PULVERIZED COAL PRICES, MACQUARIE SAYS - BLOOMBERG
Bloomberg reported that, Posco, Asia’s third-biggest steelmaker, has settled the first pulverized coal contracts for 2009 at $90 a metric ton ...


Wednesday, 11 March 09
COAL EXPORTERS FEEL THE CHILL FROM ASIAN DOWNTURN -BUSINESS.SMH.COM
Business.smh.com reproted that, The demand for thermal coal - NSW's most valuable export - has begun to reduce dramatically in response to the need ...


   1368 1369 1370 1371 1372   
Showing 6846 to 6850 news of total 6871
News by Category
Popular News
 
Total Members : 28,634
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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