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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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Friday, 18 October 19
SINGAPORE'S APEX TO LAUNCH LOW-SULFUR FUEL OIL CONTRACT AHEAD OF NEW SHIPPING RULES - REUTERS
Singapore-based Asia Pacific Exchange (APEX) will launch a low-sulfur fuel oil (LSFO) futures contract on Friday aimed at helping shipping and ener ...


Thursday, 17 October 19
INDIA READIES POLICY TO ATTRACT FOREIGN INVESTMENT IN COAL MINING - REUTERS
India expects to have formulated a policy within the next two weeks to attract foreign investment to its coal mining industry, the country’s ...


Wednesday, 16 October 19
INDIA CALLS FOR A RESET OF CLIMATE DEBATE ON COAL AS A FUEL - LIVEMINT
India on Tuesday called for a reset on climate debate on coal as a fuel, in the backdrop of India becoming one of the top renewable energy producer ...


Wednesday, 16 October 19
LESSONS LEARNT FROM CREW INJURED IN HEAVY WEATHER - UK P&I CLUB COMMENTS
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Wednesday, 16 October 19
SHIPPING MARKET INSIGHT - INTERMODAL
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