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Wednesday, 04 March 20
CHINA PROVINCE TO CLOSE 10 MLN TONNES OF COAL CAPACITY IN 2020 - XINHUA
Southwest China’s Guizhou Province plans to phase out 10 million tonnes of outdated coal production capacity by closing 80 coal mines in 2020, local authorities said.
 
In recent years, the coal-rich province has been promoting the transformation and upgrading of its coal industry by closing small and outdated mines and using more smart machinery, said the provincial energy bureau.
 
Local authorities have ordered the closure of small coal mines with an annual production capacity of less than 300,000 tonnes as well as larger mines whose production or construction has long been suspended.
 
The bureau also called for beefing up the utilization of coalbed methane to improve coal mine work safety and increase power generation from green energy.
 
In recent years, China has been phasing out outdated production capacity in a wide range of sectors, including coal and steel, amid efforts to promote high-quality economic growth.
Source: Xinhua


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Saturday, 18 January 20
GERMAN STEAM COAL IMPORTS IN 2019 PLUMMETED BY 17 % - COAL IMPORTERS ASSOCIATION
Press Release: According to preliminary calculations by the German Coal Importers Association (Verein der Kohlenimporteure e. V.), world trade in h ...


Saturday, 18 January 20
A 61,400 DWT FIXED FROM SOUTH EAST ASIA DELIVERY EAST KALIMANTAN REDELIVERY WEST COAST INDIA IN THE LOW $7,000S - BALTIC BRIEFING
Capesize The market was relatively stable over this past week putting an end to the past months of more extreme declines. While the Capesize 5T ...


Friday, 17 January 20
EIA ESTIMATES THAT U.S. COAL PRODUCTION DECLINED BY 65 MMST (9%) TO 690 MMST IN 2019. IN 2020, COAL PRODUCTION WILL DECLINE BY A FURTHER 14% TO 597 MMST
U.S. Coal Supply.  EIA estimates that U.S. coal production declined by 65 million short tons (MMst) (9%) to 690 MMst in 2019. In 2020, EIA ...


Friday, 17 January 20
CHINA'S BENCHMARK POWER COAL PRICE EDGES UP - XINHUA
China’s benchmark power coal price rose slightly during the past week.   The Bohai-Rim Steam-Coal Price Index, a gauge of coal p ...


Thursday, 16 January 20
SUPRAMAX: INDO/CHINA ROUND VOYAGE FIXING AROUND LOW/MID USD 6,000 BSS APS INDO - FEARNLEYS
Capesize Still very rough seas for the big ships, with the majority of the fleet trading Far East or fronthaul and consequently earning far les ...


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