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

Tuesday, 14 August 12
SAKARI SIGNS HEADS OF AGREEMENT TO ACQUIRE SIX COAL CONCESSIONS IN INDONESIA
COALspot.com - Sakari has signed a Heads of Agreement (HOA) to acquire a 100% interest in up to six IUPs, covering an area of over 29,000 hectares, ...


Tuesday, 14 August 12
UNCERTAIN FUTURE FOR DRY BULK PANAMAX SHIPS - DREWRY / HELLENIC SHIPPING
The dry bulk shipping market is in a poor state, with the Capesize segment the worst of all. Unfortunately, the latest analysis from Drewry Maritime ...


Monday, 13 August 12
5TH VIETNAM PORTS AND LOGISTICS 2012
Press Release - Co-hosted by VINAMARINE, the 5th Vietnam Ports and Logistics2012 will feature dedicated sessions on port and transport infrastructur ...


Monday, 13 August 12
ACTIVE DRY BULK FLEET INCREASES BY 8% SO FAR IN 2012 IN TERMS OF TONNAGE CAPACITY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
It’s no wonder that the dry bulk market has been tethering since the start of the year. the overflow of tonnage has been so enormous, that eve ...


Sunday, 12 August 12
COAL FREIGHT RATES FALL FLAT TO SOFT ON OVERSUPPLY, WEAK DEMAND - VISTAAR SINGAPROE
COALspot.com - The BDI continued its fall 10th August. This week all segments were down including BDI down by 9.15 pct closing at 774 points .The ...


   922 923 924 925 926   
Showing 4616 to 4620 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 ...

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