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, 05 September 09
INDIA BUYING INTO AUSTRALIA'S COAL - INTERVIEW
India is in line to buy vast amounts of Australian coal. An Indian cabinet minister is on a special mission to Australia to help satisfy India's ur ...


Saturday, 05 September 09
52 COMPANIES SUBMIT EOIS TO COAL INDIA
The Hindu, India's largest English news paper reported that, International mining majors from the U.S., South Africa, Australia and Indonesia are a ...


Friday, 04 September 09
INDONESIA PAITON ENERGY BUYS COAL FROM ADARO, KIDECO
PT Paiton Energy, an Indonesian independent power producer, has agreed to buy 3 million tonnes of coal from PT Adaro Energy Tbk (ADRO.JK) and PT Kid ...


Thursday, 03 September 09
ICVL IN TALKS FOR COAL BLOCKS IN INDONESIA
These acquisitions will help ICVL meet an internal target of importing at least 5 million tonnes (mt) of coking coal by 2012-13 LiveMint reported ...


Tuesday, 01 September 09
THREE COAL INVESTMENTS AND A SECTOR ON FIRE
With recession fears fading into the past in Asia and growth increasingly back on track in the West, global energy demand is again surging. It's no ...


   1289 1290 1291 1292 1293   
Showing 6451 to 6455 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 ...

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