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, 18 March 14
SECOND QUARTER SUB-BIT FOB INDONESIA COAL SWAP LOST 3.27% IN A MONTH
COALspot.com – Indonesia, the world’s largest exporter of the thermal coal's swaps for delivery April - June 2014 gained this pa ...


Tuesday, 18 March 14
NEWCASTLE COAL EXPORT VOLUME FALLS 26.23% WEEK ON WEEK
COALspot.com: In the week ended 17 March 2014, power plant and semi-soft coking coal shipments from the port of Newcastle in Queensland, total 2 ...


Monday, 17 March 14
API 8 CFR SOUTH CHINA COAL SWAPS FOR AVERAGE Q2 14 DELIVERIES LOST 2.59% M-O-M
COALspot.com: API 8 CFR South China Coal swaps for average Q2 14 deliveries lost 2.59 percent month on month and closed at US$ 74.15 per mt as o ...


Sunday, 16 March 14
BDI DOWN ON LOW CAPESIZE ACTIVITY
COALspot.com: The freight market was slightly soft this week with BDI down by 4.28 pct week on week. The BDI closed at 1,477 points and the cape ...


Friday, 14 March 14
DRY BULK MARKET ENTERS RECOVERY MODE, ON INCREASED CAPESIZE DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market has entered and sustained higher ground as of this week, on the back on increased Capesize demand. Although the situation in ...


   758 759 760 761 762   
Showing 3796 to 3800 news of total 6871
News by Category
Popular News
 
Total Members : 28,701
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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