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Monday, 16 September 19
COLOMBIAN COAL PRODUCTION TO FALL 5% THIS YEAR, MINING GROUP SAYS - REUTERS
ReutersColombia’s coal production will decline to around 80 million tonnes in 2019, nearly 5% below last year’s, because of low prices and drought that has impeded output in some mines, the Colombian Mining Association said.
 
The Andean country, the world’s fourth-largest exporter of the fuel, produced just above 84 million tonnes in 2018.
 
The government and the country’s principal coal miners had previously said they anticipated output would remain steady.
 
“This year we are seeing that through December Colombia will have an output close to 80 million tonnes, 4 million tonnes less,” said association head Juan Camilo Narino. “The reality is of lower production and fewer exports.”
 
Colombia produced 18.9 million tonnes in the second quarter, the government said last week, down 4.5% from the same period a year earlier.
 
Production has been pressured by low prices, climate conditions that affected projects near the northern Caribbean coast and judicial restrictions that have limited work at some projects, the government has said.
 
Coal is the second-largest generator of foreign exchange revenue in Colombia, behind oil, and its top mining export.
Source: Reuters


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Thursday, 24 October 19
AUSTRALIA'S HOPES TO EXPAND COAL EXPORTS IN SOUTH-EAST ASIA 'DELUSIONAL', EXPERTS SAY - THE GUARDIAN
The number of new coal-fired power plants starting construction across south-east Asia has fallen markedly over the past two years as Australia has ...


Thursday, 24 October 19
PANAMAX: NEGATIVE SENTIMENT IN THE MARKET AS IT CONTINUES TO WEAKEN - FEARNLEYS
Capesize The market has continued to slide the last week, as lack of fresh requirements and a slight oversupply of tonnage heading towards Sout ...


Wednesday, 23 October 19
CHINA'S 2019 COAL IMPORTS SET TO RISE MORE THAN 10%: ANALYSTS - REUTERS
China, the world’s top coal buyer, is on track to boost imports of the fuel by more than 10% this year, traders and analysts said on Tuesday, ...


Wednesday, 23 October 19
SHIPPING MARKET INSIGHT - INTERMODAL
Moving closer to the end of the year, we are facing what the market was expecting for quite a while, the ship repair sector booming with the shipya ...


Tuesday, 22 October 19
DRY BULK: DESPITE THE DOWNWARD CORRECTION NOTED OVER THE PAST MONTH, RATES ARE STILL HOLDING OFF AT FAVORABLE LEVELS - ALLIED SHIPPING
Despite the downward correction that has been noted in the dry bulk market over the past month, rates are still holding off at favorable levels. Ev ...


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