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, 16 May 16
THE FREIGHT MARKET WAS WEAK AND ALL SEGMENTS EXCEPT PANAMAX WERE DOWN
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities decline this week. The freight market was weak and a ...


Friday, 13 May 16
COAL CARGOES - SOME RECENT DEVELOPMENTS: SWEDISH CLUB
KNOWLEDGE TO ELEVATE Indonesia continues to be amongst the world’s major exporters of coal, some 426Mt being traded in 2013 mostly to In ...


Friday, 13 May 16
US WEEKLY COAL PRODUCTION IS RUNNING 33% BELOW THE SAME PERIOD IN 2015 - EIA
COALspot.com – U.S the world’s second largest coal producer has produced approximately totaled an estimated 10.9 million short tons (mm ...


Friday, 13 May 16
DRY BULK SHIPPING MARKET RECOVERY WILL BE A LONG, HARD-FOUGHT BATTLE - HELLENIC SHIPPING NEWS
Anyone who expects a strong rally in dry bulk market rates to end the industry’s downturn will be bitterly disappointed. By contrast – ...


Wednesday, 11 May 16
U.S. FORECAST COAL PRODUCTION IS EXPECTED TO DECLINED BY 150 MMST IN 2016; THE LARGEST DECLINE SINCE 1949 - EIA
COALspot.com: EIA estimates that U.S. coal production in April was 46 million short tons (MMst), a 6 MMst (12%) decrease from the previous month an ...


   486 487 488 489 490   
Showing 2436 to 2440 news of total 6871
News by Category
Popular News
 
Total Members : 28,624
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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