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

Wednesday, 02 December 20
INDONESIA CONSIDERING CLOSING 3,400MW SURALAYA COAL PLANT - THE JAKARTA POST
The government is considering to shut down the aging Suralaya coal-fired power plant (PLTU) in Cilegon, Banten, and replace it with green energy, a ...


Wednesday, 02 December 20
MARKET INSIGHT - INTERMODAL
It has been another busy week in the dry bulk secondhand market; a healthy number of sales reported predominantly from Japanese owners while owner& ...


Thursday, 26 November 20
DECLINE IN COAL EXPORTS ADDS TO NAVAJO-OWNED COMPANY'S PROBLEMS - IEEFA U.S.
Weak demand and low prices are likely creating steep losses for NTEC   U.S. coal exports to Asia—once heralded as the saving gra ...


Thursday, 26 November 20
COAL FINANCING QUICKLY DRYING UP WORLDWIDE - ANALYSTS : REUTERS
Financing for coal projects is drying up at ever increasing rates as more countries target zero carbon emissions amid an energy transition sweeping ...


Wednesday, 25 November 20
LIBOR REPLACEMENT AND SHIP FINANCE - WHERE IS IT HEADING? - WFW
The likely replacement of the LIBOR at the end of 2021 creates difficult technical and practical issues for all sectors of business and finance. Th ...


   143 144 145 146 147   
Showing 721 to 725 news of total 6871
News by Category
Popular News
 
Total Members : 28,706
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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