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, 24 November 21
WHY THIS MINING ANALYST IS UPBEAT ON THE IRON ORE PRICE FORECAST - MOTLEY FOOL
In many ways, 2021 can be called the year of the iron ore price. Much of the talk of the ASX town this year has revolved around this key economic m ...


Wednesday, 24 November 21
PRICE OF CHINA’S COAL FUTURE DROPS BY 60% AS NATIONWIDE DAILY OUTPUT REACHES OVER 12 MILLION TONS: NDRC - GLOBAL TIMES
China’s daily coal output has now stabilized after reaching over 12 million tons and the price of coal futures has declined to 800 yuan ($125 ...


Friday, 19 November 21
CHINA: COAL SUPPLIES TO STABILIZE FOR COMING COLD SEASON
China is capable of ensuring stable coal supplies this winter and next spring with the increase in coal production and the rising stockpiles at pow ...


Wednesday, 17 November 21
MARKET INSIGHT - INTERMODAL
It has been another declining week for the dry bulk market and evidently, we are seeing asset values gradually losing momentum as well. Following a ...


Tuesday, 16 November 21
EARNINGS RECOVERY IN INDONESIAN COAL TO CONTINUE THROUGH 2021, BUT SLOW IN 2022 - FITCH RATINGS
The recovery in the operating and financial performance of Indonesian coal miners and coal contractors is likely to slow in 2022, but coal prices s ...


   80 81 82 83 84   
Showing 406 to 410 news of total 6871
News by Category
Popular News
 
Total Members : 28,619
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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