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US railroad CSX sees Q3 export coal volumes rise 60%, domestic tons fall

source: Platts
18th October 2017
1 Comments

A continued strong seaborne market for US coal boosted railroad CSX's third-quarter export coal tonnage by 60% year over year, while domestic shipments fell 12% mostly on poor utility demand.


As coal imports fall, major ports chalk out new strategies

source: Business Standard
18th October 2017
1 Comments

With coal imports declining, most major ports of the country are looking at coastal shipping and diversifying cargo to offset the impact on capacity utilisation.
 
According to the


Rio Tinto's thermal coal production slides after Coal & Allied sale

source: Platts
18th October 2017
1 Comments

Rio Tinto's thermal coal production slumped in the July-September quarter following the sale of its Coal & Allied business, the miner said Tuesday, while lowering its output guidance for th


CPPs in Odisha look at imports as coal crunch worsens

source: Business Standard
17th October 2017
1 Comments

Stifled by the growing crunch in coal supplies, Captive Power Plants (CPPs) in Odisha are now being forced to operate at depleted capacities and are even looking at imports to overcome the deficit.


China urges utilities to sign supply deals with coal miners as soon as possible

source: Reuters
17th October 2017
1 Comments

China's state planner encouraged utilities to sign long-term purchase contracts with coal producers for next year as early as they can to secure enough supplies for this winter as coal power pl