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

Thursday, 22 November 12
HANDY: INDO-INDIA, LARGE ECO SUPRA NOW FIXED AT USD 12500 - FEARNRESEARCH
Handy The north Continent is seeing plenty of tonnages but lack of cargoes. TA business are around 11k and fronthaul is around 17k.Tonnages has tig ...


Thursday, 22 November 12
DRY BULK MARKET RISE, BUT OUTLOOK SEEN DIM ON THE BACK OF RECORD NEW BUILDING DELIVERIES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market has been under hefty pressure since the start of the year, as a result of record newbuilding deliveries and below-par demand for ...


Wednesday, 21 November 12
LITTLE IMPACT FROM DISSOLUTION OF BP MIGAS ON INDONESIAN OIL & GAS COMPANIES - FITCH
Fitch Ratings has said that the recent court order to abolish the Indonesian upstream oil and gas regulator, BP Migas, has minimal immediate impact ...


Wednesday, 21 November 12
ORPHEUS ENERGY SECURES FIRST COAL OFF TAKE CONTRACT
COALspot.com - Orpheus Energy Limited (ASX:OEG) has announced that it has signed a coal sales contract with an Indonesian steel manufacturing compan ...


Tuesday, 20 November 12
AUSTRALIAN NEWCASTLE PORT HAS LOADED 13.18 PERCENT LESS COAL W-W
COALspot.com - Newcastle port in Australia has loaded 2,691,731 MT of thermal and coking coal for week ended  0700 hours 19 November 2012, Newc ...


   897 898 899 900 901   
Showing 4491 to 4495 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 ...

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