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Source: The Hindu, June 11, 2019

Coal India identifies assets in Australi...

Public sector Coal India Ltd. (CIL) has identified assets in Australia, in which it is keen to acquire equity stakes. Accordingly, it is planning to appoint an internationally reputed merchant or investment banker to carry out the financial due di... Continue reading

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Source: Argus Media, June 11, 2019

ICI 4 coal derivatives prices hold stead...

ICI 4 derivatives prices were steady today, with a 15,000t June clip changing hands at $35.80/t, little changed from the price at which similar trades were concluded late last week.



 



Today's trade was... Continue reading

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Source: Hellenic Shipping News Worldwide, June 11, 2019

Dry Bulk Fleet Utilization Down By 3.7%...

The negative impact of the lack of cargoes in the dry bulk market since the start of the year took its toll in the level of the global fleet’s utilization rate, which declined by 3.7% over the course of the first three months of 2019. Accord... Continue reading

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Source: Hellenic Shipping News Worldwide, June 11, 2019

Baltic Dry Index falls to 1105, down 20...

Tuesday, June 11 2019, the Baltic Dry Index decreased by 20 points, reaching 1105 points.



Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The inde... Continue reading

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Source: Moneycontrol, June 10, 2019

Coal India to hire merchant bankers for...

State-owned Coal India will hire merchant bankers to carry out financial due diligence for acquiring equity stakes in identified mines and companies in Australia as part of its plan to meet the growing dry fuel demand in the country.



The... Continue reading

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Source: REUTERS, June 10, 2019

UPDATE 1-China's May coal imports climb...

China’s May coal imports rose 8.6% from the month before to 27.47 million tonnes, customs data showed on Monday, the highest level since January as power utilities boosted purchases ahead of summer.



Weak demand from Europe and ampl... Continue reading

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