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

Monday, 24 August 15
IS CHINA'S STEEL EXPORTS ENOUGH TO SUPPORT THE FREIGHT MARKET? - BIMCO
No, it’s not enough, you will need lower Chinese iron ore production too in order to keep growing imports of iron ore into China that will su ...


Sunday, 23 August 15
SHIPPING FREIGHT RATES FALL SHARPLY ON EXCESS SUPPLY AND LOW DEMAND
COALspot.com: The BDI continued to soften and was down 5.78 pct and falls back below 1000 points this week. The cape Index lost 17.25 per cent ...


Friday, 21 August 15
U.S. YEAR-TO-DATE COAL PRODUCTION VOLUME FALLS 8.7% Y-O-Y
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 18.3 million shor ...


Friday, 21 August 15
GLOBALCOAL TO LAUNCH ONLINE TRADING OF PHYSICAL MET COAL ON 13 OCTOBER
On 13 October 2015, globalCOAL will launch an online platform for the physical procurement and trade of high quality hard coking coal delivered FOB ...


Thursday, 20 August 15
COAL PRICES FALL TO 12-YEAR LOWS AS CHINA, INDIA JOIN DEMAND SLOWDOWN - REUTERS
Coal futures have fallen to 12-year lows, hit by soaring production and a slowdown in global buying, including from India and China which until rec ...


   570 571 572 573 574   
Showing 2856 to 2860 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 ...

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