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

Monday, 15 September 14
CFR SOUTH CHINA COAL SWAP GAINED DAY ON DAY AND WEEK ON WEEK
COALspot.com: API 8 CFR South China Coal swap for delivery in October 2014 decreased US$ 2.30 (-3.36%) month over month, but increased day on day a ...


Sunday, 14 September 14
FREIGHT RATES RALLY AS DEMAND INCREASED
COALspot.com: The Baltic Dry Index (BDI) is a number (in US$) issued daily by the London-based Baltic Exchange up 2.25 percent week on week. BDI cl ...


Friday, 12 September 14
U.S. YEAR-TO-DATE COAL PRODUCTION TOTALED 673.3 MMST, SAYS EIA
COALspot.com – United States the world's second largest coal producer, produced approximately 19.20 million short tons (mmst) of coal in ...


Thursday, 11 September 14
THE PANAMAX MARKET IS TAKING A BREATHER - FEARNLEYS
Handy We have experienced more activity in both hemispheres this week, said Fearnleys in this week's weekly report. "We see rates c ...


Wednesday, 10 September 14
ARE GREEK BANKS ON THE VERGE TO START LENDING AGAIN? - JOHN N. COTZIAS
It is  well known that Greek Banks had suffered severely after the economic crisis of 2008. From that period onwards, major changes have occur ...


   697 698 699 700 701   
Showing 3491 to 3495 news of total 6871
News by Category
Popular News
 
Total Members : 28,704
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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