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, 27 January 14
Q3 2014 SUB-BIT INDONESIA COAL SWAP LOST GROUND, ENDS AT $60 PMT
COALspot.com – Sub-Bit Indonesia coal swap (FOB) for average Q1’ 14 delivery lost 2.29% pmt month on month on Friday 24 January 2014. Th ...


Sunday, 26 January 14
FREIGHT RATES FALL FURTHER ON LACK OF CARGOES - SOLYM CARRIERS
COALspot.com: The freight market has continued to soften further this week with BDI down by 12.31 pct. BDI was closed at 1,246 points week ended 24 ...


Friday, 24 January 14
US COAL PRODUCTION UP 3.9% ON WEEK IN WEEK ENDED SATURDAY - EIA
COALspot.com – United States the world’s second largest coal producer, produced approximately 19.1 million short tons (mmst) of coal in ...


Friday, 24 January 14
DRY BULK MARKET STRUGGLING TO FIND FIRM FOOTING IN START OF 2014 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market has been faltering since the start of 2014, struggling to hold its ground as low seasonal demand has hindered further growth in ...


Thursday, 23 January 14
PANAMAX : THIS WEEK THE ACTIVITY CAME DOWN DRAMATICALLY - FEARNRESEARCH
Handy With the Chinese New Year approaching the activity and rate levels are sliding in both hemispheres. Rates in the Atlantic have knocked off so ...


   776 777 778 779 780   
Showing 3886 to 3890 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 ...

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