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

Wednesday, 11 May 16
MARKET INSIGHT - KATERINA RESTIS
On Saturday 7th May, Riyadh replaced the long-serving oil minister of more than two decades, Ali-Al-Naimi, as part of a major government overhaul, ...


Tuesday, 10 May 16
VOLATILITY? VARIATION NO ENIGMA TO SHIPPING..... - CLARKSONS
Along with cyclicality, the other characteristic of the shipping markets which receives frequent mention is volatility. This is so evident that the ...


Monday, 09 May 16
INDONESIAN CS COAL INDICES UP CONTINUES; POSITIVE DIRECTION
COALspot.com: Average 5000 GAR coal index of Indonesian origin up 0.10 percent week over week to averaging $38.82 per ton on this past Wednesday, a ...


Monday, 09 May 16
DRY BULK SHIPPING TO WITNESS STEADY PROGRESS MOVING FORWARD ON THE BACK OF GROWING TRADE VOLUMES - BIMCO
In its latest short-term analysis of the shipping markets, BIMCO reiterated its optimism on the prospects of the dry bulk market moving forward. Ac ...


Monday, 09 May 16
BALTIC DRY INDEX ENDS WEEK ON A NEGATIVE NOTE
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities decline this week. The freight market was weak and a ...


   487 488 489 490 491   
Showing 2441 to 2445 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 ...

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