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

Friday, 07 July 17
EIA ESTIMATES SHOW U.S WEEKLY COAL PRODUCTION UP 1.7 PERCENT
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 15.9 million short tonn ...


Thursday, 06 July 17
SUPRAMAX: INDO TO INDIA TRIPS WITH DELIVERY THAILAND RANGE IS GIVING OWNERS AROUND MID $8000 - FEARNLEYS
Supramax Another slow start to the week with somewhat softening rates and few fixtures. According to Fearnleys Weekly Dry bulk report, the N ...


Thursday, 06 July 17
UNEXPECTED MOVE FROM CHINA BOOSTS COAL PRICES - OIL PRICE
Coal prices have been cooling the last few months — after a spectacular run last year. But news late last week suggests the market is about t ...


Wednesday, 05 July 17
COAL PRICES ROSE IN CHINA, JAPAN AND EUROPE IN 2016 - BP
COALspot.com: Coal prices rose in China, Japan and Europe in 2016 after four years of price declines. According to bp, the rise in coal prices ...


Wednesday, 05 July 17
TANKER MARKET INSIGHT - KATERINA RESTIS
A war of words blasted last month as the UAE, S. Arabia, Egypt and Bahrain revealed that they are experiencing severe diplomatic issues with the st ...


   401 402 403 404 405   
Showing 2011 to 2015 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 ...

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