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, 20 July 20
COAL INDIA LAUNCHES SPECIAL CATEGORY OF E-AUCTION FOR COAL IMPORTERS - BUSINESS STANDARD
Coal India (CIL) on Friday launched a special category of e-auction for importers of coal. This is in line with the government’s declaration ...


Monday, 20 July 20
OIL PRICE OF $40-43 PER BARREL MORE OR LESS BALANCED - NOVAK | TASS
The Russian Ministry of Energy considers the current oil price of $40-43 per barrel more or less balanced and does not expect price changes after t ...


Monday, 20 July 20
SUPRAMAX: A 63,000 OPEN NORTH CHINA FIXING AN AUSTRALIAN ROUND IN THE LOW $10,000S - BALTIC BRIEFING
Capesize The capesize market showed some resistance this week to recent losses as all routes saw a small uptick in value to end the week. With ...


Friday, 17 July 20
MISC MALAYSIA ENTERS INTO PURCHASE AGREEMENTS AND TIME CHARTER PARTIES FOR SIX VLECS
MISC Berhad (MISC) has entered into Memorandum of Agreements (MOAs) with six indirect wholly-owned subsidiaries of Zhejiang Satellite Petrochem ...


Wednesday, 15 July 20
HOW MEANINGFUL ARE SOME ESTIMATES FOR INDIA’S COAL CONSUMPTION DATA? - IEEFA
In recent years, BP's estimates for India have contained what appears to be a record of over-optimistic projections   BP’s a ...


   172 173 174 175 176   
Showing 866 to 870 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 ...

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