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, 25 November 15
INDIA'S POWER GENERATORS FACE LOW, FALLING UTILISATION RATE - FITCH
COAlspot.com: Fitch Ratings says in a new report that the utilisation rate of India's thermal power generation capacity continued to decline in ...


Wednesday, 25 November 15
BIG CHINESE COPPER PROCESSORS DEFEND MARGINS THROUGH R&D, SAYS FITCH
Large Chinese copper processors are focusing on higher value-added products and investing in R&D to enhance their technical know-how to maintai ...


Wednesday, 25 November 15
BIMCO LAUNCHES ANTI-CORRUPTION CLAUSE FOR SHIPPING CONTRACTS WORLDWIDE
COALspot.com: BIMCO, is the world’s largest international shipping association, with 2,200 members in around 130 countries, has now launched ...


Wednesday, 25 November 15
TANKER MARKET INSIGHT - GEORGE VASTARDIS
We have already noticed obvious signs of activity mainly West of Suez, which are currently driving the clean MR market to higher levels. Over the p ...


Tuesday, 24 November 15
COAL SUPPLY PRESSURE PUTS INDONESIAN HBA IN FREE FALL
The coal industry is slowly recognizing that, the current coal price level is not a decrease in price, but a change in pricing to corresp ...


   537 538 539 540 541   
Showing 2691 to 2695 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 ...

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