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
Monday, 19 October 09
COAL PRICE UP AGAIN - RICHARDS BAY TERMINAL


Export prices rose 45 cents, or 0.7%, to an average of 64.05 a metric ton in the week ended Oct. 16, according to McCloskey Group.

The week was “very quiet,” Andrew Wells, an assistant editor at Petersfield, England-based McCloskey, said by phone. He speculated that buyers may be waiting for the Oct. 25-27 Coaltrans coal conference in London to get a better feel for the market.

Prices at Richards Bay, Europe’s main source of coal burned for power, have dropped 39% over the past 12 months as companies cut output and jobs to deal with the worst recession since World War II. The coal-market outlook “should improve significantly,” Sabine Schels, a New York-based analyst with Bank of America Merrill Lynch, wrote in a report dated Oct. 16.

The price of coal delivered to northwest Europe may climb to more than 100 a ton by the middle of next year, Schels wrote. That price rose 1.6% last week to 73.60 a ton, McCloskey data show. It has slid 38% over the past 12 months. India faces a coal shortage and state-owned Coal India Ltd. is seeking to buy overseas mines. China, the world’s most populous nation, uses and produces more coal than any other country.

Richards Bay Coal Terminal shipped 22% less of the fuel in September than a year earlier. Exports decreased to 4.16 million metric tons from 5.32 million tons, the terminal said in an e-mailed response to questions on Oct. 6, without giving reasons for the decline.

At its September shipment rate, the port will export 57.6 million tons of coal this year, compared with capacity of 76 million tons and shipments of 61.79 million tons last year. The terminal, on South Africa’s northeastern coast, is owned by the country’s largest coal exporters, including Anglo American Plc, BHP Billiton Ltd. and Xstrata Plc.

Power-station coal prices at the Australian port of Newcastle, a benchmark for Asia, fell 1.3% to 70.97 a ton in the week to Oct. 16, according to the globalCOAL NEWC Index. While Richards Bay is the world’s biggest coal-export terminal, Newcastle ships more of the fuel from two terminals.

The volume exported from Newcastle in the week ended 7 a.m. local time today dropped to 1.92 million tons from 2.01 million tons a week earlier, Newcastle Port Corp. said on its Web site. Nineteen ships, waiting to load 1.44 million tons of coal, were outside the harbor, down from 25 vessels.
Source: Business Day,UK Reuters,Bloomberg



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

Recent News

Wednesday, 30 December 09
CHINA'S 2010 COAL DEMAND COULD RISE 4%-6%, ACCORDING TO CHINA SECURITIES JOURNAL
China, which is the world’s second-largest energy user, may consume between 4 and 6% more coal next year on continued economic growth, China S ...


Tuesday, 29 December 09
PROFIT IN COAL INDUSTRY DOWN 9.4% Y-O-Y IN JAN.- NOV.
In November, China's coal production was 289mln tons, up 26.3% year on year, an increase of 5.2% over last month. China's average daily trucks loa ...


Tuesday, 29 December 09
DHARMA HENWA EYES 20% REVENUE GROWTH
Local integrated mining services provider PT Dharma Henwa, which was earlier this year acquired by coal mining giant PT Bumi Resources, expects reve ...


Monday, 28 December 09
NEED TO IMPORT COAL COMES EARLY
Viet Nam may need to start importing coal as early as 2012, three years earlier than expected, to meet its electricity demands. The Viet Nam Coal ...


Monday, 28 December 09
GOVT EYES $3.57B MINING, GEOTHERMAL INVESTMENT
The country can expect up to US$3.57 billion in investment in mining and geothermal energy next year, which would represent an increase by more than ...


   1226 1227 1228 1229 1230   
Showing 6136 to 6140 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 ...

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