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

Thursday, 28 February 13
INDIA HAS INCREASED CUSTOMS DUTY AND COUNTERVAILING DUTY FOR POWER PLANT COAL
COALspot.com : The government of India raised basic customs duty and countervailing duty on steam coal. In the meantime government has reduced& ...


Thursday, 28 February 13
SHIP OWNERS EXPECTED TO FACE A CHALLENGING YEAR, DESPITE THE FALL OF NEWBUILDING ORDERS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Tonnage oversupply and a lagging growth in world trade demand are expected to keep shipping in the "red", despite a series of measures ado ...


Thursday, 28 February 13
PANAMAX : MARKET HAS SEEN A GOOD UPTURN OVER THE LAST WEEK - FEARNLEYS
Handy The Atlantic saw more cargoes than last week and rates ticking upwards. The USG-Feast was at USD 19k and Black Sea-Feast was at USD 11k. The ...


Wednesday, 27 February 13
NEWCASTLE PORT IN AUSTRALIA SHIPPED 0.358 MILLION MT MORE COAL W-O-W
COALspot.com - Newcastle port in Australia has loaded 2,178,869 MT of thermal and coking coal for week ended  0700 hours 25 February 2013, Newc ...


Wednesday, 27 February 13
NEWLEAD HOLDINGS LTD. ANNOUNCES COAL SUPPLY AND DELIVERY CONTRACT
NewLead Holdings Ltd. yesterday announced that the Company has signed an agreement to supply and deliver 1.48 million metric tons of steam coal to a ...


   872 873 874 875 876   
Showing 4366 to 4370 news of total 6871
News by Category
Popular News
 
Total Members : 28,704
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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