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 November 15
Q3' 16 RICHARDS BAY COAL SWAP LOST 15.47% SINCE 6 AUGUST; 18.65% SINCE 6 MAY
COALspot.com: API4 FOB Richards Bay Coal swap for delivery Q1’ 2016 declined week over week and month over month. The Q1’ 2016 &nb ...


Wednesday, 11 November 15
VESSEL VALUES ARE DOWN BY AT LEAST 20% SINCE MID-AUGUST - INTERMODAL
I had promised not to spend another broker’s insight focusing on the dry bulk side. However, the sale of the M/V Churchill Bulker (179,362 dw ...


Tuesday, 10 November 15
SELF-HEATING OF COAL HAS EMPHASISED THE IMPORTANCE OF CHECKING THE ACCURACY OF SHIPPER'S DECLARATIONS - GARD
Recent incidents involving self-heating of coal has emphasised the importance of checking the accuracy of shipper’s declarations for all type ...


Tuesday, 10 November 15
API 5 FOB NEWCASTLE COAL SWAP SLIDES CONTINUE
COALspot.com: API 5 FOB Newcastle Coal swap for Q1’ 2016 delivery slid $3.55 per ton (8.50%) month over month to US$ 38.20 per ton. The swap ...


Monday, 09 November 15
BUNKER PRICES TO KEEP SLIDING THIS WEEK, EXPERT SAYS - MARINE BUNKER EXCHANGE
The oil price volatility has continued this week. Two dollars up one day and the next day two dollars down. The oil market has been trading on the ...


   543 544 545 546 547   
Showing 2721 to 2725 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 ...

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