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
Wednesday, 06 April 11
FORBES & MANHATTAN COAL ANNOUNCES SIGNIFICANT OFF TAKE AGREEMENT


Steady Cash Flow Will Fund Production Ramp Up

Forbes & Manhattan Coal Corp., ("Forbes Coal" or the "Company") is a producer of high quality bituminous coal and Anthracite from mines in the Klipriver coalfield, near Dundee, in the KwaZulu Natal province of South Africa has signed a three year offtake agreement for 1.75 million tonnes (total) with Vitol S.A. ("Vitol"), a leading energy trading company, according to Forbescoal website.

Vitol will be purchasing thermal coal from the Slater Coal properties at market prices.

Forbes Coal's website further said, cash flow from this offtake agreement will fund the continued ramping up of production at its two operating mines – Magdalena and Aviemore. The agreement is initially for three years and will support the previously announced production expansion plans.

Forbes Coal intends to transport the coal to the Navitrade Coal Terminal in Richards Bay using its increased rail transport and capacity with Transnet Freight Rail and Grindrod Terminals. Grindrod Terminals provides certain logistical, handling and stockpiling services to shippers in connection with the shipment of bulk cargoes. As per the press release of December 7, 2010, Grindrod Terminals shall provide Forbes Coal with export coal capacity in the Terminal of 600,000 metric tonnes in 2011, 720,000 metric tonnes in 2012 and 960,000 metric tonnes in 2013.

"This milestone for Forbes Coal will support our planned expansion into the coal export market. We have seen a steady increase in export prices over the past 12 months, driven by an increase in demand from India. Together with our increased export capacity at Richard's Bay, the Company is on track to establish itself as a mid-tier Southern African coal company." said Stephan Theron, President and Chief Executive Officer of Forbes Coal.



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Tuesday, 04 December 12
JATENERGY SIGNS MOU FOR INDONESIAN COAL ASSET
COALspot.com - Jatenergy Limited has announced that its fully-owned Indonesian subsidiary, PT Barata Energy (BE), has signed an exclusive, non-bindi ...


Tuesday, 04 December 12
NEWCASTLE PORT SHIPPED 55.88 PERCENT MORE COAL W/E 3 DECEMBER 2012
COALspot.com - Newcastle port in Australia has loaded 2,796,341 MT of thermal and coking coal for week ended  0700 hours 3 December 2012, Newca ...


Sunday, 02 December 12
YEAR 2013, YEAR OF SUPPLY OR DEMAND?
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average Q1  2013 delivery gained 2.87 & 0.83 percent MoM and WoW  respectively ...


Saturday, 01 December 12
TIGHT SUPPLY, DEMAND PUSH INDO-INDIA SUPRAMAX FREIGHT RATES HIGHER - VISTAAR
COALspot.com - The freight market was mixed this week as cape and Panamax indices are closing softer. The BDI was down 0.37 pct closing at 1,086 ...


Friday, 30 November 12
FUTURE TREND OF SECOND HAND SHIP VALUES PUZZLING SHIP OWNERS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
One of the major challenges that ship owners are facing today is whether or not to invest in a second hand vessel at any given time. For instance, i ...


   894 895 896 897 898   
Showing 4476 to 4480 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 ...

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