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

Thursday, 07 July 22
COAL INDIA'S PRODUCTION SETS RECORD INCREASE OF 29% YOY AT 36 MT IN Q1FY23 - IIFL SECURITIES
Coal India Limited (CIL) has ended April-June quarter FY’23 capping a historic high of 29% yoy output growth, compared to same quarter FY&rsq ...


Wednesday, 06 July 22
MARKET INSIGHT - INTERMODAL
Following the 3rd Decarbonizing Shipping Forum, held in Hamburg on June 2022, there has been a meaningful resurgence of discussions within the ship ...


Tuesday, 05 July 22
WHY ARE VLSFO PRICES SO HIGH, ESPECIALLY IN SINGAPORE? - STEVE CHRISTY, INTEGR8 FUELS
Tightness in products still trumps talks of recession Last month we wrote about the fears of recession versus the tightness in product markets ...


Tuesday, 05 July 22
ADANI ENTERPRISES LOWEST BIDDER IN COAL INDIA'S IMPORT TENDER: REPORT - BUSINESS STANDARD
Coal India Ltd floated its first import tender on behalf of power companies, where Adani Enterprises Ltd came out to be the lowest bidder, a report ...


Tuesday, 05 July 22
CHINA POLICY KEY FOR IRON ORE OUTLOOK - ING
China’s covid lockdowns and recessionary risks hit iron ore Iron ore prices have fallen significantly from their year-to-date high of US$ ...


   59 60 61 62 63   
Showing 301 to 305 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 ...

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