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

Sunday, 15 February 15
BALTIC DRY INDEX CONTINUALLY DIPPED IN RED
COALspot.com: The Baltic Dry Index continues its decline and fell 5.18 pct to 530 points week on week due to falling commodity prices and declining ...


Saturday, 14 February 15
SHALE GAS AND TIGHT OIL ARE COMMERCIALLY PRODUCED IN JUST FOUR COUNTRIES - EIA
KNOWLEDGE TO ELEVATE The United States, Canada, China, and Argentina are currently the only four countries in the world that are producing com ...


Friday, 13 February 15
U.S. WEEKLY COAL PRODUCTION SHOWS 10% DECLINE
COALspot.com – United States the world's one of the largest coal producers, produced approximately 18.1 million short tons (mmst) of coal ...


Friday, 13 February 15
SMALL AND MEDIUM-SIZED SHIP OWNERS SQUEEZED OUT OF THE MARKET ON CRASHING DRY BULK MARKET AND EUROZONE CRISIS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Financing issues have started to tighten the noose in the throats of small and medium-size ship owners, who were already facing problems over the p ...


Thursday, 12 February 15
CAPESIZE: THE BEST DESCRIPTION FOR THE MARKET IS, FLAT - FEARNRESEARCH
Handy The handy and supra market is also being affected by the marginal volume of activity in the commodity sales. We see a small upturn in the T ...


   638 639 640 641 642   
Showing 3196 to 3200 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 ...

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