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, 23 September 13
AUSTRALIA'S NEWCASTLE PORT SHIPPED 3 PERCENT LESS COAL WEEK ON WEEK
COALspot.com: Power plant and semi-soft coking coal shipments from Australia's Newcastle port fell 3 per cent week on week to 2.92 million mt for t ...


Sunday, 22 September 13
BDI STRENGTHENS FURTHER AS CAPESIZE FREIGHT RATES JUMP - CAPT. REDDY
COALspot.com: The freight market continued its upward trend and maintaining the moment with BDI and Cape index up by 16 pct week on week. The Capesi ...


Sunday, 22 September 13
API 8 CFR SOUTH CHINA COAL SWAPS ADVANCE
COALspot.com : SGX has launched API 8 CFR South China Coal Swap on 29 April 2013 and SGX replaced the previous swap. API 8 CFR South China Coal s ...


Sunday, 22 September 13
SUB-BIT INDONESIA COAL SWAPS REMAIN UNDER PRESSURE
COALspot.com – Sub-Bit Indonesia coal swap (FOB ) for average Q4 2013 delivery down 2.09 percept  month on month on Friday 20 September 2 ...


Friday, 20 September 13
SHIP OWNERS INVEST MORE THAN $9.2 BILLION ON NEW BUILDING VESSELS DURING AUGUST - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Despite the fact that August is traditionally a slow month in terms of ships investment activity, ship owners have grasped this year the opportunity ...


   820 821 822 823 824   
Showing 4106 to 4110 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 ...

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