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, 27 April 16
INDONESIAN COAL MINER KIDECO REPORTED NET PROFIT OF US$138.1 MILLION IN 2015
COALspot.com: Kideco Jaya Agung, one of the Indonesia's leading coal miners has reported net profit of US$138.1 million on revenue of US$1.65 b ...


Tuesday, 26 April 16
INDONESIA BANNED COAL EXPORTS TO PHILIPPINES BY BARGES DUE TO SECURITY CONCERN
COALspot.com: The Ministry of Energy and Mineral Resources (ESDM) on behalf of the government of Indonesia has Freeze coal exports by barges to Phi ...


Tuesday, 26 April 16
NEWBUILDING DEMAND DOWN EVERYWHERE? - CLARKSONS
Newbuild activity provides one indication of an owner country’s likely future fleet growth, though secondhand sale and purchase and demolitio ...


Monday, 25 April 16
CHINESE STEEL PRICE SURGE NOT SUSTAINABLE - FITCH
The rapid increase in Chinese steel prices so far this year is not sustainable, as it is largely due to a seasonal pick-up in construction and elev ...


Monday, 25 April 16
WEEKLY CS (I) COAL INDICES END ALMOST FLAT
COALspot.com: Average 5000 GAR coal index of Indonesian origin up 0.05 percent week over week to averaging $38.67 per ton on this past Friday, acco ...


   491 492 493 494 495   
Showing 2461 to 2465 news of total 6871
News by Category
Popular News
 
Total Members : 28,700
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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