Coal news and updates

Updated daily

• Dry Bulk Shipping Fleet net expansion was 1.3% during 3rd quarter, but orderbook reduced to 17% of the trading fleet

  14 Oct 2015

  If the dry bulk market is to rebound on a sustainable level, it needs to limit the tonnage expansi... . ...Read More

• Improved financials for Mbeya coal to power project’s mine

  14 Oct 2015

  A Tanzania focused mineral exploration and development company, Kibo Mining, has reported signific... . ...Read More

• South African coal producers table new offer in bid to end mine strike

  14 Oct 2015

  South African thermal coal producers Friday issued a revised offer of wage increases to coal minew... . ...Read More

• FOB Newcastle Coal swap declined 2% m-o-m

  14 Oct 2015

  API 5 FOB Newcastle Coal swap for Q4’ 2015 delivery decreased $0.46 per ton (1.08%) month ov... . ...Read More

• US OTC thermal coal market sees physical PRB 8,800, CSX contracts trade; CSX rises

  14 Oct 2015

  The front-month Central Appalachia rail (CSX) physical contract rose Monday in the US over-the-cou... . ...Read More

• Bid to clear coal block hurdles

  14 Oct 2015

  The coal ministry is looking to remove the hurdles in starting production from coal mines that hav... . ...Read More

• Tanker Shipping: More optimism in sight for tankers in the winter season-BIMCO

  14 Oct 2015

  2015 has been the year of the tanker. The fundamental improvements with slow supply-side growth fo... . ...Read More

• Dry Bulk Shipping: Markets are slowly improving

  14 Oct 2015

  The dry bulk market is in the midst of a shift in demand patterns, which coupled with a tonnage su... . ...Read More

• BDI weighed down by cape

  14 Oct 2015

  The BDI (Baltic Dry Index) has come back down again this week. The BDI is a benchmark index used t... . ...Read More

• Nigeria can generate 45,000 MW from coal – Senator Gobir

  14 Oct 2015

  A member of the National Assembly, Ibrahim Gobir (APC Sokoto East), on Sunday in Abuja said the na... . ...Read More

• US weekly coal output up 1.2% to 17.7 mmst

  14 Oct 2015

  United States the world’s second largest coal producer has produced approximately totaled an... . ...Read More

• Bangladesh coal power plant to be commissioned in 2019

  14 Oct 2015

  Officials implementing a 1,320MW coal-based power plant near Patuakhali’s Payra maritime p... . ...Read More

• Thar coal power project should be completed quickly, says Sindh CM Qaim

  14 Oct 2015

  Sindh Chief Minister Syed Qaim Ali Shah has instructed the Thar Coal Energy Board to remove the ba... . ...Read More

• CFR South China Coal swaps gain w-o-w; slightly down m-o-m

  14 Oct 2015

  API 8 CFR South China Coal swap for 4Q’ 2015 delivery down just US cents 3 (0.06 %) per ton ... . ...Read More

• India seen driving next wave of coal M&A in Australia

  14 Oct 2015

  India's quest to lock in sources of supply of metallurgical coal is set to drive a new wave of... . ...Read More