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, 20 June 16
CS COAL INDICES CONTINUE UPWARD TREND SINCE END APRIL
COALspot.com: Average 5000 GAR coal index of Indonesian origin was up again by 0.05 percent week over week to averaging $39.39 per ton this past we ...


Monday, 20 June 16
THE BDI HAS FELL 23 POINTS WEEK OVER WEEK
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities declined this past week. The BDI was fell 3.77 percent fr ...


Friday, 17 June 16
CHINA'S NEW POLICY TO REDUCE WASTE IN RENEWABLE ENERGY - FITCH
Chinese renewable energy producers are likely to benefit from a new policy that guarantees a minimum amount of solar and wind power is purchased in ...


Friday, 17 June 16
KOMIPO INVITES BIDS FOR BITUMINOUS COAL FOR BORYEONG POWER PLANT
COALspot.com: South Korea state-owned utility Korea Midland Power (KOMIPO) issued a new tender for 780,000 Metric Tons of Bituminous Coal for its B ...


Friday, 17 June 16
U.S WEEKLY COAL PRODUCTION UP 7.7% - EIA
COALspot.com – U.S., the world’s one of the largest coal producer has produced approximately totalled an estimated 12.9 million short t ...


   477 478 479 480 481   
Showing 2391 to 2395 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 ...

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