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News

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Source: S&P Global, November 16, 2019

US high-vol miner Arch stops longwall at...

US miner Arch Coal said Friday it has discontinued longwall mining operations at its Mountain Laurel high-vol mine in West Virginia three months earlier than planned, which will reduce fourth-quarter coking coal volumes by 150,000-200,000 st.

... Continue reading

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news
Source: Platts, November 16, 2019

China’s coal addiction is too deep to qu...

China’s voracious appetite for coal may be nearing its peak consumption level, but the country’s love affair with one of the cheapest fuels is unlikely to end anytime soon, despite Beijing’s efforts to turn the skies of Asia&rsqu... Continue reading

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news
Source: REUTERS, November 16, 2019

Baltic index posts losses for fifth stra...

The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, fell on Friday to register its fifth consecutive weekly decline, as softer panamax and supramax rates offset an uptick in capesize dema... Continue reading

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news
Source: Hellenic Shipping News Worldwide, November 16, 2019

Baltic Dry Index falls to 1357, down 7 p...

 Friday, November 15 2019, the Baltic Dry Index decreased by 7 points, reaching 1357 points.



Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore.... Continue reading

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news
Source: S&P Global, November 15, 2019

Russia's Taman port operator denies redu...

The Russian port of Taman on the Black Sea will not reduce its capacity for thermal coal, an official spokesmanfor port operator Oteko told S&P Global Platts Thursday.



Industry reports had suggested recently that the terminal had dec... Continue reading

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news
Source: REUTERS, November 15, 2019

Baltic index inches lower on weaker pana...

The Baltic Exchange’s main sea freight index, which tracks rates for ships ferrying dry bulk commodities, inched lower on Thursday, as lower panamax rates offset a rise in capesize rates.



The Baltic index, which reflects rates for... Continue reading

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