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

Friday, 18 May 12
EXPORT TAX WILL ERODE PROFITS, INDONESIAN COAL EXEC COMPLAINS - THE JAKARTA GLOBE
The Jakarta Globe reported that, A 20 percent export duty the government has imposed on 14 mineral ore products will not only take a toll on mining ...


Friday, 18 May 12
KOREA EAST WEST POWER LOOKING FOR TOTAL 2.6 MILLION TONS OF 4600 NAR COAL AT FIXED PRICE FOR 5 YEARS
COALspot.com - Korea East West Power Co., Ltd is inviting bids to supply of 520,000  Metric Tons (per annum) of minimum 4,600 kcal/kg coal of N ...


Friday, 18 May 12
NICKEL ORE CARGOES ARE NOT SEEN IN MARKET ANYMORE DUE TO ON-GOING INDONESIAN BAN - FEARNLEYS AS
Handy The market remained variable. Fronthaul voyages both from Baltic and Black Sea paid over USD 18k/day. From USG to Cont tonnage would get ...


Thursday, 17 May 12
COAL MINERS OPPOSE EXPORT TAX, SUGGEST OUTPUT QUOTA - THE JAKARTA POST
The Jakarta Post reported that, coal miners have suggested that the government apply a production quota instead of implementing an export tax in ord ...


Thursday, 17 May 12
DRY BULK MARKET STILL LOOKING FOR NEW DIRECTION - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has kept on moving sideways during this week, with the mixed performance across all segments. Yesterday, the industry’s be ...


   944 945 946 947 948   
Showing 4726 to 4730 news of total 6871
News by Category
Popular News
 
Total Members : 28,624
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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