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, 16 September 13
WHAT RECOVERY MEANS FOR THE CAPESIZE MARKET - COMMODORE RESEARCH
COALspot.com: The simple fact that capesize rates have been able to increase above the $9,000/mark and become much more responsive to changes in car ...


Monday, 16 September 13
CFR SOUTH CHINA COAL SWAP: STABLE TO STEADY
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 ...


Monday, 16 September 13
INDONESIAN SUB-BIT COAL SWAP STRUGGLING TO FINDS THE RIGHT PATH
  COALspot.com – Sub-Bit Indonesia coal swap (FOB ) for average Q4 2013 delivery down 0.75 percept  month on month on Friday 13 Septe ...


Sunday, 15 September 13
CAPE FREIGHT RATES RISE ON HIGH DEMAND AND TIGHT AVAILABILITY - CAPT. REDDY
COALspot.com : The BDI, Cape and Panamax indices are continued to rise and saw a steep surge with average index in these segments up around 25 pct w ...


Friday, 13 September 13
US COAL OUTPUT SLIPS 3.34% ON-WEEK
COALspot.com – United states the world’s second largest coal producer produced totaled approximately 20.20 million short tons (mmst) of ...


   823 824 825 826 827   
Showing 4121 to 4125 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 ...

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