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, 22 December 22
RUSSIAN OIL EXPORTS CRATER BY 54% IN THE FIRST FULL WEEK OF THE EU'S EMBARGO AMID A SHORTAGE OF TANKERS WILLING TO CARRY CARGOES - BUSINESS INSIDER
Since the European Union imposed its seaborne crude sanctions, Russian oil exports have tumbled by more than half, according to data compiled by Bl ...


Thursday, 22 December 22
CHINA TIGHTENS VERIFICATION OF SHIPS’ ENERGY CONSUMPTION DATA - GARD
From 22 December 2022, ships trading to Chinese ports must record their energy consumption data in accordance with the requirements of their Ship E ...


Thursday, 22 December 22
AN OVERVIEW OF THE LNG MARKET - VESSELSVALUE
LNG values have continued to strengthen, spurred by skyrocketing earnings that have surpassed last year’s record breaking peaks. In November, ...


Thursday, 22 December 22
COKING COAL SLUMPS AS TALKS ON AUSTRALIA-CHINA TRADE RIFT LOOM - REUTERS
Chinese coking coal futures dropped more than 3 per cent on Tuesday (Dec 20), extending losses, as supply of the steelmaking input might increase i ...


Thursday, 22 December 22
COAL AND GAS PRICE CAPS MAY COMPOUND POLITICAL RISK FOR AUSTRALIAN CORPORATES - FITCH RATINGS
Australia’s introduction of temporary price caps on domestic sales of gas and coal used for electricity generation will probably have limited ...


   31 32 33 34 35   
Showing 161 to 165 news of total 6871
News by Category
Popular News
 
Total Members : 28,702
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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