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Global thermal coal markets have largely “bottomed out” following a steep drop in the first half of 2019, although supply contraction will likely need to continue over the rest of the year and into 2020 to achieve global rebalancing...
Volume of dry bulk such as scrap metal, minerals and coal soared by 9.5%, further propelling the overall freight growth for Port of Antwerp
According to the results of 9 months, VGK enterprises completed the annual plan for the extraction and shipment of coal by 70%
State stevedoring company “Sea Commercial Port “Yuzhny” has carried out their annual operational plan 77 days earlier.
On the surface China’s imports of major commodities appeared to continue their resilience in September, even as the country’s total exports and imports laboured under the strain of the trade dispute with the United States.
Slowing vessel arrivals and some export activity have seen coal inventories at northwest European dry bulk terminals decline 5% from last week’s multi-year high of more than 7.3m tonnes.
A slowdown in the global steel industry and the start up of coke oven capacities in Southeast Asia has resulted in the decline in the global consumption of metallurgical coke, market sources said.
Severe flooding at one of Coal India’ largest mines has pushed up demand for imported thermal coal, market sources said.
South Africa is pushing coal producers to cut prices to help save Eskom Holdings SOC Ltd., the debt-stricken power utility that threatens to unravel the country’s finances.
Jastrzebskie Zaklady Remontowe, a JSW Group company, presented the first bottom scraper conveyor produced with its own resources and according to its own design.
Subdued prospects for Europe’s coal imports
Coal stocks at northwest European dry bulk terminals have risen to four-month highs as low river levels result in reduced barge shipments to inland plants.
Australia will allow the major coal export hub of Newcastle to raise its shipping charges on Tuesday after Treasurer Josh Frydenberg let stand a recommendation by a competition regulator that will let the port set higher fees.