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, 16 September 12
GLOBAL LOW DEMAND ; INDONESIA COAL AND CFR SOUTH CHINA COAL SWAPS DIP
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for November 2012 delivery lost 1.345 percent W-O-W on Friday, 14 September 2012, closing but gai ...


Sunday, 16 September 12
THE FREIGHT RATES FROM INDONESIA TO INDIA EXPECTED TO BE STEADY - VISTAAR
COALspot.com - The freight market was  mixed with most indices closing positive except for the Panamax index. The main sentiment seems to be ...


Saturday, 15 September 12
FINANCE MINISTRY OPPOSES TAX INCENTIVE PLAN FOR COAL MINERS - JP
The Jakarta Post reported that, the Finance Ministry has turned down the idea of providing a fiscal incentive to the country’s coal mining ind ...


Friday, 14 September 12
DRY BULK MARKET LOOKS TOWARDS CHINA FOR SOME POSITIVE NEWS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the dry bulk market freight rates submerged underwater for a large part of the year, dry bulk owners are looking for some positive enhancement ...


Friday, 14 September 12
GOVT OFFERS CONDITIONAL TAX HOLIDAY TO AILING COAL MINERS - JP
The Jakarta Post, one of the leading English news paper in Indonesia reported that, acknowledging difficulties encountered by coal miners due to a p ...


   913 914 915 916 917   
Showing 4571 to 4575 news of total 6871
News by Category
Popular News
 
Total Members : 28,617
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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