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, 09 June 15
FOB RICHARDS BAY COAL SWAPS DECLINED M-O-M, W-O-W
COALspot.com: API4 FOB Richards Bay Coal swap for delivery Q3' 2015 declined month over month and week over week. The Q3 swap was fell US$ ...


Monday, 08 June 15
SHIPPING FLEET GROWTH HAS STARTED TO SLOW DOWN, AS NEWBUILDINGS AMOUNT TO JUST 329 SHIPS OF ALL TYPES SINCE THE START OF 2015 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Challenging market conditions have led to the inevitable reconsideration of ship owners’ priorities. Uncertainty has been the norm over the p ...


Monday, 08 June 15
API 5 FOB NEWCASTLE COAL SWAPS ADVANCED M-O-M AND W-O-W
COALspot.com: API 5 FOB Newcastle Coal swap for Q3’ 2015 delivery increased US$ 0.65 per MT (1.44%) month over month to US$ 45.65 per mt. The ...


Monday, 08 June 15
Q3'15 CFR SOUTH CHINA COAL SWAP ADVANCED 3.51% TO $52.48 PMT THIS PAST WEEK
COALspot.com: API 8 CFR South China Coal swap for Q3’ 2015 delivery rose US$ 1.78 (3.51%) per MT month over month. A commodity swap is a ...


Sunday, 07 June 15
PANAMAX INDEX ROSE OVER 13% THIS WEEK
COALspot.com: The freight market was up on all segments this past week. The BDI was advanced 3.56% and closed at 610 points. The Cape Index was cli ...


   596 597 598 599 600   
Showing 2986 to 2990 news of total 6871
News by Category
Popular News
 
Total Members : 28,705
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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