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, 13 January 15
MORE PITFALLS FOR OWNERS LOOKING TO TERMINATE FOR UNPAID HIRE - INCE & CO
KNOWLEDGE TO ELEVATE It is a debatable point whether or not the obligation to pay hire under a time charter is a condition of the contract or ...


Tuesday, 13 January 15
Q2 CFR SOUTH CHINA COAL SWAP DECLINED 8.66% M-O-M
COALspot.com: API 8 CFR South China Coal swap for Q1’ 2015 delivery declined by US$ 3.48 (-5.73%) month over month and US$ 2.35 (-3.94%) week ...


Tuesday, 13 January 15
Q1' 2015 RICHARDS BAY COAL SWAP SLIGHTLY HIGHER THAN Q2 & Q4 2015 SWAPS
COALspot.com: API 4 FOB Richards Bay Coal swap for delivery Q1' 2015 lost month on month and week over week. The Q1 swap has lost US$ 7.21 ...


Monday, 12 January 15
COAL: LOW PRICES ARE EXPECTED TO DRIVE A SUPPLY-DRIVEN RECOVERY IN THE MEDIUM TERM - SGX
COALspot.com: Thermal coal prices dropped to six-year lows in 2014 driven by persistent oversupply, SGX says in its “ Commodities 2014 - A ye ...


Monday, 12 January 15
FREIGHT MARKET: 2015 FLEET SUPPLY GROWTH IS EXPECTED TO REMAIN SLIGHTLY AHEAD OF CARGO GROWTH - SGX
COALspot.com: The dry bulk freight market was forced to digest a number of negatives in 2014 leading the Baltic Dry Index to fall 66% through the y ...


   651 652 653 654 655   
Showing 3261 to 3265 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 ...

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