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

Thursday, 08 October 09
MINING TO ATTRACT $6B: BKPM
The Jakarta Post reported that, Indonesia’s mining sector could expect investment of up to US$6 billion in the 2010-2012 period, in part becau ...


Thursday, 08 October 09
INDIA DEMAND TO HELP DIRE COAL OUTLOOK - MACQUARIE
Reuters reported that, Macquarie Securities said on Wednesday its bearish short-term outlook on thermal coal may begin improving in a year's time o ...


Thursday, 08 October 09
ESSAR UNIT WINS INR 479 CR (US$ 103,272,401) ORISSA PROJECT
The firm will develop and operate the terminal at Paradip port; the contract will stretch up to 30 years Live Mint reported that, Essar Shipping ...


Wednesday, 07 October 09
ESSAR, JINDAL IN TAKEOVER TUSSLE FOR AUSTRALIAN COAL MINER
Reuters reported that, Privately owned Essar Group has launched a surprise A$144.2 million ($128.1 million) bid for Australian coal minnow Rocklands ...


Wednesday, 07 October 09
ADARO SECURES $500 M LOAN
The Jakarta Post reported that, The country's second largest coal producer, PT Adaro Energy announced on Wednesday that it has secured US$500 milli ...


   1271 1272 1273 1274 1275   
Showing 6361 to 6365 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 ...

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