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, 03 November 16
THE INDEX BASED COAL SALES & PURCHASE STRATEGY MAKES MORE EFFICIENT, SAYS 55.17% END-USERS
Considering the current coal market condition, the Index based coal sales & purchase strategy make more efficient was deemed the winner by 57.0 ...


Thursday, 03 November 16
CAPESIZE: BRAZIL/CHINA RATES MOVED TO THE $11 PMT LEVEL; WEST AUSTRALIA/CHINA ROUTE MOVED UP CLOSE TO MID $5 PMT LEVEL - FEARNLEYS
Supramax In the Atlantic we see a bit more activity than in the eastern hemisphere, says Fearnleys in its latest weekly report. Fhauls via Black ...


Wednesday, 02 November 16
SHIPPING MARKET INSIGHT
A week before the U.S. presidential election, everyone is eager to see the socio-political effects that the result of these elections will have. As ...


Wednesday, 02 November 16
SHIP OPERATING COSTS ARE EXPECTED TO RISE IN BOTH 2016 AND 2017 - MOORE STEPHENS
Vessel operating costs are expected to rise in both 2016 and 2017. Repairs and maintenance and spares are the cost categories which are likely to i ...


Tuesday, 01 November 16
PANAMAX : A FAIR AMOUNT OF SIDEWAYS SHIPPING IN RATES - ALLIED SHIPPING
Capesize A very sluggish start to the week, with rates dropping considerably as all optimism seems to have evaporated over the weekend. According ...


   445 446 447 448 449   
Showing 2231 to 2235 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 ...

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