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Wednesday, 19 August 20
COAL INDIA TRADE UNIONS DEFER DAY-LONG STRIKE: PTI
 The unions had decided to go on strike against the commercial mining and the proposed divestment or buyback of shares of Coal India Ltd (CIL).
Coal India trade unions have deferred the day-long strike scheduled for Tuesday with the Centre extending the bid due date for the auction of coal blocks for commercial mining, a trade union leader said on Monday.
The unions had decided to go on strike against the commercial mining and the proposed divestment or buyback of shares of Coal India Ltd (CIL).
“The five trade unions have unanimously decided to defer the strike,” Nathulal Pandey, the president of HMS-affiliated Hind Khadan Mazdoor Federation said.
The earlier bid due date was August 18. According to the revised schedule, the bid due date is now September 29.
The electronic auction will be conducted for the qualified bidders from October 19- November 9.
Pandey said the unions will meet soon and decide the future course of action.
CIL had earlier said the five trade unions of Coal India had served notice for a day-long strike on August 18 and that efforts would be made to avert the stir.
The unions had observed a three-day strike from July 2 to protest against commercial mining of coal.
According to CIL, it managed to clock an average daily production of 44 per cent and average attendance of nearly 36 per cent during the three-day strike period.
Coal India accounts for over 80 per cent of domestic coal output.
Source: PTI
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Friday, 10 July 20
GLOBAL SHIPPING EARNINGS FORECAST CUT AS SUPPLY SET TO OUTSTRIP DEMAND - MOODY'S
EBITDA forecast worsens, keeping outlook negative. We now expect the aggregate EBITDA of rated shipping companies to fall by around 16%-18% in 2020 ...
Friday, 10 July 20
SLOW RECOVERY IN TANKER RATES TO WEIGH ON BUANA LINTAS LAUTAN - FITCH RATINGS
Fitch Ratings believes that international tanker rates are likely improve after their sharp fall since May 2020, albeit at a slow pace. The weaknes ...
Wednesday, 08 July 20
MARKET INSIGHT - INTERMODAL
During the previous month, the dry bulk market witnessed an impressive increase in the BDI index that has reached 1800 points from 500 with a clear ...
Tuesday, 07 July 20
COAL INDIA WORKERS STRIKE CUTS OUTPUT BY 56%: OFFICIAL - REUTERS
A strike at Coal India Ltd cut production by 56% in the three days ending July 4 as workers oppose opening up coal mining to the private sector, a ...
Tuesday, 07 July 20
WHAT DOES THE PATHWAY TO A NET-ZERO ECONOMY LOOK LIKE FOR MINERS? - WOOD MACKENZIE
Wind, solar, electric vehicles, stationary storage and transmission are all central to achieving the Paris Agreement decarbonisation goals.
&nb ...
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