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
Friday, 18 September 09
PEABODY ENERGY ESTABLISHES ASIAN COAL TRADING HUB IN SINGAPORE


Peabody Energy announced it has opened an office in Singapore that will serve as the new hub for Peabody COALTRADE International activities in Southeast Asia, further expanding the company's access to high-growth seaborne coal markets. 

"Singapore provides a central location to continue growing our leading coal trading and brokerage platform with prime access to the world's fastest-growing markets," said Peabody Chairman and Chief Executive Officer Gregory H. Boyce. "Our presence in Singapore will expand our sourcing and shipping capabilities to China, India, Indonesia and other key Asian markets.  The expectation is that these markets will continue to expand at a 5 to 10 percent compound annual growth rate, and Peabody is best positioned to capitalize on that growth."

Pacific seaborne coal demand is very strong as Asian nations lead the world out of recession and drive sustained growth in coal consumption.  China is the fastest-growing coal market in the world, and net coal imports are up nearly 150 percent in 2009.  India is the fastest-growing coal importer and expects to be short by as much as 200 million tons of coal per year within five years. Australia and Indonesia are the top global coal exporters in the world and are expected to have the largest increases in exports in coming years.

Peabody's Singapore office will be headed by Phillip V. Smith, who has been named Managing Director of Asian Trading, overseeing international trading activities in Singapore and China.  Smith has more than 30 years of experience in sales, marketing and trading, and previously served as Director of Trading for Peabody in China.  He continues to report to President of Peabody COALTRADE International Paul T. Demzik.

Peabody serves nearly 330 customers in 21 nations on six continents.  Peabody has trading offices in China, Australia, the United Kingdom, Venezuela and the United States.

Last year, Peabody nearly doubled its EBITDA contributions from global trading and brokerage activities.

Peabody Energy is the world's largest private-sector coal company, with 2008 sales of 256 million tons and $6.6 billion in revenues. Its coal products fuel 10 percent of all U.S. electricity generation and 2 percent of worldwide electricity.

CONTACT: Beth Sutton (928) 522-7008
Source: Reuters



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

Recent News

Monday, 14 December 09
RICHARDS BAY COAL TO FINISH EXPANSION IN 1ST QUARTER
Richards Bay Coal Terminal, which ships more than a quarter of Europe’s energy coal, said it will complete its Phase 5 expansion project in th ...


Monday, 14 December 09
SOUTH AFRICAN STEAM COAL PRICES FIRMING UP FOR Q1 TRADE
Reuters reported that Q1 South African coal prices firmed again slightly largely on Asian demand but European delivered prices were little changed. ...


Sunday, 13 December 09
THE FREIGHT MARKET SEEMS TO BE COMING OFF A BIT AND THE MARKET MAY BE SOFT NEXT WEEK - CAPT. REDDY
COALspot.com (Singapore): "The market softened this week especially in the Cape and Panamax segment , where as the Supramax and Handy size was ...


Sunday, 13 December 09
NAPOCOR CUTS COAL IMPORT PROJECTION FOR 2010
STATE-RUN National Power Corp. slashed its planned coal importation for 2010 to only 200,000 metric tons from 3.4 million MT this year, as the gover ...


Sunday, 13 December 09
CHINESE BUYERS SEEK LARGE TONNAGE OF SOUTH AFRICA STEAM COAL
Reuters reported that Chinese utilities on the coast and inland are seeking several cape cargoes each of South African coal for 2010 delivery becaus ...


   1234 1235 1236 1237 1238   
Showing 6176 to 6180 news of total 6871
News by Category
Popular News
 
Total Members : 28,634
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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