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, 16 March 17
CAPESIZE: SHOWING STRENGTH; PANAMAX: VERY QUIET - FEARNLEYS
Supramax The Atlantic market faced less activity from the USG whereas at the Cont tonnage seemed to tighten up with more cargoes emerging. Despit ...


Wednesday, 15 March 17
SHIPPING MARKET INSIGHT - GEORGE PANAGOPOULOS
Over the past two weeks, the Dry Baltic Index has been on an upward trend, breaking the 1000 point mark and creating a positive sentiment for the u ...


Tuesday, 14 March 17
ORDERBOOK-TO-FEET RATIO DECREASING; THE FREIGHT MARKET IMPROVING
It seems as though the renewed optimism that has arisen from the recent upward trends being noted in the freight market, the dry bulk market has be ...


Monday, 13 March 17
PORT OF NEWCASTLE HAS SHIPPED 11.563 MILLION TONS COAL IN FEBRUARY 2017; DECLINED 12.19 PERCENT M/M
COALspot.com: The Port of Newcastle, Australia’s major trading ports and the world’s largest coal export ports has shipped $AU 1,4 ...


Monday, 13 March 17
INDO - INDIA COAL FREIGHT RATES STAY FIRM
COALspot.com: The Freight market was continuing to firming up. The Baltic Exchange, tracking rates for ships carrying dry bulk commodities ros ...


   419 420 421 422 423   
Showing 2101 to 2105 news of total 6871
News by Category
Popular News
 
Total Members : 28,706
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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