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

Saturday, 31 October 09
PRODUCERS BENEFIT FROM COAL'S TIGHT SUPPLY AND STRONG DEMAND
The Jakarta Post reported that, The outlook for Indonesian coal producers appears promising with strong volume growth coming from both the domestic ...


Saturday, 31 October 09
FLSMIDTH WINS MAJOR INDIAN COAL HANDLING PROJECT
Top global supplier of minerals processing and materials handling equipment, FL smidth, has won another important coal handling contract in India ...


Saturday, 31 October 09
INDIA OPENING POWER SECTOR TO PRIVATE INVESTMENT, COAL STILL THE FUEL OF CHOICE
Energy Tribune reported that, With coal-fired power plants as the primary source, India’s electricity generation sector space has been dominat ...


Friday, 30 October 09
MINERS TOLD TO SPEND ON LOCAL SERVICE FIRMS
The energy and mineral resources ministry has issued a ministerial regulation ordering mining firms to prioritize hiring domestic service companies ...


Friday, 30 October 09
TATA POWER MAY BUY COAL FROM RIVERSDALE'S MOZAMBIQUE MINES
Bloomberg reported that, Tata Power Ltd., India’s biggest electricity generator outside state control, may buy coal from a mine in Mozambique ...


   1256 1257 1258 1259 1260   
Showing 6286 to 6290 news of total 6871
News by Category
Popular News
 
Total Members : 28,630
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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