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, 13 September 18
SUPRAMAX: INDO-INDIA COAL RUN WAS FIXED CLOSE TO $16000 ON ULTRA - FEARNLEYS
Capesize Rates took a further drop in the beginning of the week, to later find a floor around mid-week reaching mid USD 7 level for c5 and just ...


Thursday, 13 September 18
SHIPPING IS INCREASINGLY CAUGHT IN THE TRADE WAR LINE OF CROSSFIRE - PETER SAND
Once again, the already long list of tariffed goods has been made even longer. Many more commodities were hit on 23 August, but September is likely ...


Wednesday, 12 September 18
THE INTERRELATIONSHIP BETWEEN LETTERS OF INDEMNITY AND CHARTERPARTY "TIME BAR" PROVISIONS - STANDARD CLUB
KNOWLEDGE TO ELEVATE Introduction A recent English Court of Appeal decision provides important guidance on the applicability of charterpar ...


Wednesday, 12 September 18
IS LNG POISED FOR A NEW GROWTH CYCLE? - WOOD MACKENZIE
Gas needs to work for its long-term sustainability. But the mood music is upbeat. Just 18 months ago the LNG market was depressed, anticipating an ...


Wednesday, 12 September 18
U.S. TOTAL COAL EXPORTS TO BE 107 MMST IN 2018 AND 101 MMST IN 2019 - EIA
EIA forecasts U.S. coal production will decline by 1% to 768 million short tons (MMst) in 2018, despite a 10% (10 MMst) increase in coal exports. ...


   323 324 325 326 327   
Showing 1621 to 1625 news of total 6871
News by Category
Popular News
 
Total Members : 28,618
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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