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

Tuesday, 13 October 09
INDIA INTERESTED IN AMERICAN COAL
UPI reported that, Coal India Ltd. in its global expansion efforts is now interested in coal properties in the United States. The Business Standard ...


Tuesday, 13 October 09
RIVERSDALE MAY USE ZAMBEZI RIVER TO TRANSPORT MOZAMBIQUE COAL
Mining Weekly reported that, ASX-listed coal-miner Riversdale Mining would submit a feasibility study and an environmental-impact study (EIS) for it ...


Monday, 12 October 09
INDONESIAN COAL MINER SAYS PLANS IPO IN 2010
Reuters reported that, Indonesian coal miner PT Bhakti Energi Persada plans an initial public offering in the first quarter of 2010 to develop coal ...


Monday, 12 October 09
BISICHI MINING FINALIZES COAL SUPPLY CONTRACT FOR 2010-2012
Small Cap News reported that, Bisichi, the South Africa based coal mining group, has agreed a three year coal supply contract between its principal ...


Monday, 12 October 09
SHANDUKA BUYS SACMH RICHARDS BAY COAL ALLOCATION
* Shanduka Coal takes SACMH 500,000T export space * RBCT must approve any change of ownership Reuters reported that, South Africa's Shanduka Co ...


   1268 1269 1270 1271 1272   
Showing 6346 to 6350 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 ...

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