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, 28 September 21
THE MAIDEN EDITION OF DIVE TECHNOLOGY SUMMIT 2021 CONCLUDES SUCCESSFULLY
Press Release: DIVE TECHNOLOGY SUMMIT 2021, a one-day conference on the recent technological advancements in the Industrial Diving industry conclud ...


Monday, 27 September 21
CHINESE COAL FIRMS MEET TO ADDRESS WINTER SUPPLY CHALLENGES - CNBC
Major Chinese coal producers are trying to resolve supply shortages and curb price rises as the country’s winter consumption peak approaches, ...


Saturday, 25 September 21
HIGH STAKES FOR ASIAN DEVELOPMENT BANK’S AMBITIOUS COAL POWER RETIREMENT PLAN - IEEFA
Implementation challenges could block funding for other equally important high impact clean energy funding strategies   In the lead up ...


Thursday, 23 September 21
LONGER COAL CONTRACTS MAY REIN IN PRICES - ECNS
In China’s coal sector that has been marred recently by price surges, regional authorities and related enterprises should ensure the fuel con ...


Thursday, 23 September 21
BALTIC INDEX HITS 12-YEAR PEAK ON FIRMER VESSELS RATES - REUTERS
The Baltic Exchange’s main dry bulk sea freight index rose for a fourth straight session on Wednesday to a 12-year high, buoyed by higher rat ...


   94 95 96 97 98   
Showing 476 to 480 news of total 6871
News by Category
Popular News
 
Total Members : 28,619
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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