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

Sunday, 31 March 13
COAL FREIGHTS ARE IN FLAT TO WEAK TREND - VISTAAR
COALspot.com - This freight market after several weeks of firming up seemed to lose steam and this week all the indices were down except for handy s ...


Friday, 29 March 13
SUB-BIT INDONESIA COAL SWAPS: UP 0.55 % WOW; CFR SOUTH CHINA COAL CONTRACT: UP 0.23 % WOW
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average Q2’ 2013 delivery has gained 0.55 percent and CFR South China coal shipment&nbs ...


Thursday, 28 March 13
SHIP OWNERS KEEN ON ACQUIRING SECOND HAND TONNAGE, AS WELL AS NEW BUILDINGS IN CONVENTIONAL SEGMENTS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The recent rally of the Baltic Dry Index (BDI), coupled with renewed optimism, at least in some parts of the wet market, have prompted many ship own ...


Wednesday, 27 March 13
PTBA HAS CONCLUDED US$ 16.14 BILLION WORTH OF COAL SALES AND PURCHASE AGREEMENT WITH PLN
COALspot.com - PT. Bukit Asam, a 32 years old Indonesian state owned coal miner has signed a coal sales and purchase agreement with PT PLN, (a state ...


Wednesday, 27 March 13
SHIPPING CONFIDENCE REACHES HIGHEST LEVEL FOR TWO YEARS - MOORE STEPHENS
Overall confidence levels in the shipping industry recovered to their highest level for two years in the three months ended February 2013, according ...


   865 866 867 868 869   
Showing 4331 to 4335 news of total 6871
News by Category
Popular News
 
Total Members : 28,703
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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