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, 24 March 16
NEWBUILDINGS' PRICES HAVE STARTED TO COME DOWN - ALLIED | HELLENIC SHIPPING NEWS
Newbuildings’ prices have started to come down, as demand has remained subdued for quite some time now. In its latest weekly report, shipbrok ...


Wednesday, 23 March 16
THE PANAMA CANAL - WILL THE MELTING OF POLAR ICE CAPS CREATE RIVAL NAVIGATIONAL WATERWAYS THROUGH THE ARCTIC? - INTERMODAL
The Panama Canal, 102 years after its initial opening, is now about to have its expansion completed with a cost of USD5.25 Billion. It is a project ...


Tuesday, 22 March 16
FOUR NEW MARKET MEMBERS HAVE JOINED GLOBALCOAL
globalCOAL® announced yesterday that four new Market Members have joined its international trading community. Ferrocadia DMCC is an intern ...


Monday, 21 March 16
INDONESIAN 4200 GAR COAL INDEX ROSE $0.12 OR, 0.44% WEEK OVER WEEK; INDEX CLOASED AT $27.19 A TON
COALspot.com: Average 5000 GAR coal index of Indonesian origin rose 0.21 percent week over week to averaging $38.90 per ton on this past Friday, ac ...


Monday, 21 March 16
THE BALTIC DRY INDEX ROSE SLIGHTLY WEEK OVER WEEK; BCI UP 11.93%
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities continued rose this week helped by higher rates for Cape ...


   501 502 503 504 505   
Showing 2511 to 2515 news of total 6871
News by Category
Popular News
 
Total Members : 28,706
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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