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Monday, 09 September 19
COLOMBIA COAL OUTPUT DOWN YEAR-ON-YEAR IN 2ND QUARTER - REUTERS
Coal and ExcavatorColombia, the world’s fifth-largest exporter of coal, produced 18.9 million tonnes of the fuel in the second quarter, down 4.5% from the same period in 2018, the government said, Reuters reported.
 
Reuters further reported that, the coal production in the South American country was 19.8 million tonnes between April and June last year.
 
Leading coal companies have forecast that production and exports are likely to remain stable in 2019. The Andean country produced 84.3 million tonnes over the course of 2018.
 
Coal is the second-largest generator of foreign exchange in Colombia, behind oil, and its top mining export. The country is attempting to diversify its mining output with more formal investment in gold, copper and emerald projects.
 
According to Reuters report, the coal production has been pressured by low prices caused by a decease in European demand, climate conditions that affected projects near the northern Caribbean coast and judicial restrictions that have limited work at projects like the Cerrejon mine, Silvana Habib, the president of the national mining agency, said in a joint statement with the energy ministry.
 
The biggest players in Colombia’s coal industry are Drummond Co Inc, Glencore Plc and Murray Energy Corp’s Colombia Natural Resources. There is also Cerrejon, owned by BHP Group Ltd, Anglo American Plc and Glencore.


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Friday, 11 October 19
KOREA SOUTH-EAST POWER TO IMPORT LCV COAL IN NOVEMBER
COALspot.com: South Korea’s Korea South-East Power Co., Ltd. (KOEN) has issued an international tender for 75,000 Metric Tons low calorific v ...


Thursday, 10 October 19
THERMAL COAL IMPORT LIKELY TO CROSS 200 MT IN 2019-20 - TIME OF INDIA
The country's overall thermal coal import is likely to cross the 200-million tonnes (MT) mark in the current financial year, according to Icra. ...


Wednesday, 09 October 19
SHIPPING MARKET INSIGHT - INTERMODAL
As we have already stated in previous insights, we had expected that the recovery on rates and activity across all segments in the offshore market ...


Thursday, 03 October 19
OIL PRICE ASSUMPTIONS UNCHANGED, NBP GAS PRICE LOWERED - FITCH RATINGS PRIMARY - FITCH RATINGS
Our oil price assumptions are unchanged, despite the recent price volatility following the attacks on Saudi Arabia's oil infrastructure, Fitch ...


Thursday, 03 October 19
SHIPPING MARKET INSIGHT
Edible oil products across the board are showing healthy amount of export activity, however, rates in most cases are struggling to move accordingly ...


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