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, 12 February 14
NEW BUILDING ORDERS REACHING NEW POST-CRISIS HEIGHTS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Ship owners are looking to take advantage of the last few attractive deals in the new building market, before prices start climbing to new highs and ...


Wednesday, 12 February 14
2013 WAS THE YEAR OF PRIVATE EQUITY FUNDING - TIMOS PAPADIMITRIOU
COALspot.com: People say that money makes the world go round. Well, can it be that it’s the other way around? Is it possible that money needs ...


Tuesday, 11 February 14
INDONESIAN COAL SWAP SHOWS STRONG GROWTH IN 2014 SECOND HALF
COALspot.com – Swaps prices slide for thermal coal loading from Indonesia, the world’s largest exporter of the fuel, according SGX. T ...


Tuesday, 11 February 14
AUSTRALIA'S NEWCASTLE COAL EXPORTS SLIDE AROUND 15% WEEK ON WEEK
COALspot.com: In the week ended 10 February 2014, power plant and semi-soft coking coal shipments from the port of Newcastle in Queensland, totalled ...


Tuesday, 11 February 14
SHIP OWNERS INVEST IN 447 NEWBUILDINGS AND SECOND HAND VESSELS DURING JANUARY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Despite a rough start to the year for the dry bulk freight market and lackluster performance from most other shipping sub-segments, ship owners have ...


   770 771 772 773 774   
Showing 3856 to 3860 news of total 6871
News by Category
Popular News
 
Total Members : 28,623
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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