News

Industries

Companies

Jobs

Events

People

Video

Audio

Galleries

My Biz

Submit content

My Account

Advertise with us

Coal exports from RBCT drop 5,6%

Richards Bay Coal Terminal (RBCT) - the world's leading coal export terminal - saw a 5.6% year-on-year decline in tonnage shipped to 4.2m tons in January.

A further 786‚910 tons were booked under the 2012 allocation‚ even though they were shipped in January as the ships had berthed before midnight on December 31.

Last year RBCT shipped a total of 68.3m tons of coal from its terminal‚ a 4.3% increase on 2011.

RBCT currently has a capacity to export 91m tons a year and in October this year, it will decide to whether expand that to 110m tons in as part of a new expansion plan.

Coal exports from RBCT in October last year reached a record of 7‚381‚461 tons or an annualised 88.6m tons.

State-owned freight and logistics group Transnet is aiming to play a role in increasing coal exports by investing in more rolling stock to transport coal to the ports in South Africa and Mozambique.

Source: I-Net Bridge

For more than two decades, I-Net Bridge has been one of South Africa’s preferred electronic providers of innovative solutions, data of the highest calibre, reliable platforms and excellent supporting systems. Our products include workstations, web applications and data feeds packaged with in-depth news and powerful analytical tools empowering clients to make meaningful decisions.

We pride ourselves on our wide variety of in-house skills, encompassing multiple platforms and applications. These skills enable us to not only function as a first class facility, but also design, implement and support all our client needs at a level that confirms I-Net Bridge a leader in its field.

Go to: http://www.inet.co.za
Let's do Biz