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, 02 July 18
THIESS SECURES NEW QCOAL NORTHERN HUB $480M CONTRACT
Thiess has been awarded a new A$480 million contract by QCoal to continue operations at the QCoal Northern Hub located in Queensland’s Bowen ...


Friday, 29 June 18
THE LBH GROUP AND RHENUS PLAN TO ESTABLISH A JOINT COMPANY
Press Release: The port services provider, the LBH Group, and the logistics specialist Rhenus, are planning to cooperate closely in the European in ...


Friday, 29 June 18
SUPRAMAX: INDO / CHINA COAL ROUNDS PAYING AROUND USD HIGH 11000 - FEARNLYS
Capesize Its been an interesting week with a strong demand for ships out of Brazil, making C3 rates remain around USD 19 pmt said Fearnlys in i ...


Friday, 29 June 18
JAPAN'S TOHOKU ELEC, GLENCORE ABANDON APRIL-MARCH COAL CONTRACT TALKS - REUTERS
Japan’s Tohoku Electric Power Co Inc and Glencore Plc have abandoned talks on annual thermal coal supplies after failing to reach an agreemen ...


Wednesday, 27 June 18
SHIPPING MARKET INSIGHT - APOSTOLOS ROMPOPOULOS
After the abolishment of the trade embargo against Iran, there was a lot of optimism from the country’s side, as after quite some time a numb ...


   336 337 338 339 340   
Showing 1686 to 1690 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 ...

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