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, 24 March 15
A WEAK WEEK FOR FOB INDONESIA COAL SWAP
COALspot.com: Indonesian coal swaps for delivery Q2' 2015 drop month on month and week over week. The Q2 swap fell US$ 2.48 (5.12%) month ...


Tuesday, 24 March 15
RICHARDS BAY COAL SWAP FOR DELIVERY Q2 CLOSED $ 1.87 HIGHER COMPARED TO Q3 CLOSING PRICE
COALspot.com: API 4 FOB Richards Bay Coal swap for delivery Q2' 2015 declined month over month and week on week. The Q2 swap has dropped U ...


Tuesday, 24 March 15
ARGUS MEDITERRANEAN SOLID FUELS 2015 CONFERENCE | 2-3 JUNE, ISTANBUL
Press Release: Argus Media is proud to announce Argus Mediterranean Solid Fuels, which will be held in Istanbul,on 2-3February. Argus produces ...


Monday, 23 March 15
IS OIL GETTING READY TO PLUNGE BELOW $40? - FORBES
KNOWLEDGE TO ELEVATE In my last crude oil market update in late-February, I expressed my skepticism toward the oil price rebound. Since then, ...


Monday, 23 March 15
Q4' 2015 FOB NEWCASTLE COAL SWAPS DECLINED 6.79% M-O-M; 2.55% W-O-W
COALspot.com: API 5 FOB Newcastle Coal swap for Q2’ 2015 delivery declined US$ 3.42 per MT (-6.33%) month over month and US$ 1.37 (-2.77%) we ...


   622 623 624 625 626   
Showing 3116 to 3120 news of total 6871
News by Category
Popular News
 
Total Members : 28,617
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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