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

Tuesday, 19 July 22
DRY BULK MARKET: CAPESIZE MARKET FIRMS THIS WEEK - BALTIC EXCHANGE
Capesize Firmer sentiment across both basins pushed the Capesize 5TC route average above the $20,000 threshold this week, closing at $24,209. A ...


Tuesday, 19 July 22
WHY SHIPPING MIGHT BE ABOUT TO GET A LITTLE BIT SLOWER - WORLD ECONOMIC FORUM
If shipping is the beating heart of global trade, its pulse is about to get slower. Faced with uncertainty about which fuels to use in the long ...


Tuesday, 19 July 22
GERMANY'S INCREASED COAL, OIL USE WILL BE TEMPORARY, SCHOLZ SAYS - CNBC
Chancellor Olaf Scholz says Germany’s decision to reactivate coal and oil-fired power plants to relieve energy shortages because of the war i ...


Tuesday, 19 July 22
INDONESIA REMOVES PALM OIL EXPORT LEVY UNTIL AUG. 31 - REUTERS
Indonesia has scrapped its export levy for all palm oil products until Aug. 31 in a fresh attempt to boost exports and ease high inventories, finan ...


Tuesday, 19 July 22
CHINA'S JUNE DAILY COAL OUTPUT JUMPS ON PEAK SUMMER DEMAND - REUTERS
China’s daily coal output in June rose 6.6 per cent from a month earlier as miners cranked up output ahead of peak summer temperatures, when ...


   56 57 58 59 60   
Showing 286 to 290 news of total 6871
News by Category
Popular News
 
Total Members : 28,697
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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