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

Wednesday, 21 January 15
PANAMAX MARKET MOVED SIDEWAYS OVERALL LAST WEEK - INTERMODAL
COALspot.com: The positive sentiment in which the week prior ended carried on through-out last week as well, the end of which marked the first posi ...


Wednesday, 21 January 15
SHIFT IN INTERNATIONAL COAL TRADE TO THE PACIFIC BASIN WILL CONTINUE - IMF
COALspot.com: The shift in international coal trade to the Pacific Basin will continue, IMF said in its latest Medium-Term Coal Market Report. ...


Wednesday, 21 January 15
MARKET INSIGHT - VASSILIS LOGOTHETIS, INTERMODAL
The World Bank has lowered its forecast for global growth in 2015 to 3% down from its previous level of 3.4% amid rising concerns over the economic ...


Wednesday, 21 January 15
THERMAL COAL PRICE OUTLOOK DEPENDENT ON INDIAN IMPORT DEMAND - MATTHEW BOYLE, CRU
COALspot.com: Supply and demand side developments in India will be an important determinant of future market dynamics and prices for thermal coal a ...


Wednesday, 21 January 15
PORT OF NEWCASTLE COAL EXPORTS JUMP 16.19% ON MONTH TO 15.80 MIL MT IN DECEMBER' 14
COALspot.com: The Port of Newcastle, Australia’s major trading ports and the world’s largest coal export port, has shipped $1.136 billi ...


   647 648 649 650 651   
Showing 3241 to 3245 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 ...

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