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

Sunday, 09 February 20
SUPRAMAX: THE ASIAN ARENA STRUGGLED, A 50,000DWT SHIP FIXING A COAL RUN FROM EAST KALIMANTAN TO INDIA AT $2,000 - THE BALTIC BRIEFING
Capesize The Capesize market endured another dreadful week of calamitous rate level falls, as the usual season low Q1 period combined with rece ...


Friday, 07 February 20
CIL LOOKING TO TAP NON-POWER SECTORS FOR INCREMENTAL COAL, PTI REPORTED
The miner is looking to ramp up production to meet its targets for the current fiscal at a time when the economic slowdown is impacting demand for ...


Friday, 07 February 20
VIRUS - HIT CHINA MAY NEED MORE IMPORTS OF COAL. NOW COMES THE TRICKY PART - SHIPPING IT THERE: REUTERS
China’s domestic coal mines are struggling to ramp up production in the face of the ongoing coronavirus epidemic. That’s a situation th ...


Friday, 07 February 20
CORONAVIRUS IMPACTING THE GLOBAL SHIPPING INDUSTRY - BIMCO
The outbreak of the novel Coronavirus has dented market sentiment and spooked markets around the globe. When China sneezes, we all catch the flu. T ...


Thursday, 06 February 20
CAPE: WEAK SUPPLY/DEMAND RATIO THE STREETS REMAIN BLOODY FOR THE BIG SHIPS - FEARNLEYS
Cape: With still a weak supply/demand ratio the streets remain bloody for the big ships, and actual spot earnings are close to zero on main short-h ...


   228 229 230 231 232   
Showing 1146 to 1150 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 ...

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