
Weak dry bulk market to continue through 2016
Oversupply and falling demand has reduced dry bulk freight rates to their lowest levels since the Dry Bulk Index started in 1981.
Stay up to date with the latest news and updates from the coal industry.

Oversupply and falling demand has reduced dry bulk freight rates to their lowest levels since the Dry Bulk Index started in 1981.

The Coal Utilization Research Council appoints Shannon Angielski as its new Executive Director of the coalition.

Yancoal saw its production fall 9% in 2015 – but still managed to grow its sales volumes by 1%.

Assistant Secretary of Labor for Mine Safety and Health issues a statement on the US Court of Appeals denial to challenges to the final rule Lowering Miners’ Exposure to Respirable Coal Mine Dust.

The UK government’s intentions to close UK coal and nuclear power plants could leave the country with an electricity supply gap of up to 55% by 2025.

Coal exports through Richards Bay Coal Terminal were 4 million t up on 2014 as the port solidifies its stranglehold on South African coal exports.

Cockatoo Coal hit record coal sales from its Baralaba mine in 4Q15, despite the appointment of administrators in November.

Alvaro Garcia-Tunon is appointed to Board of Directors following Marsha Mishler’s decision to step down, and Gregory Ledford retires from the board.

A fleet of Volvo construction equipment is working at a coal mine in northern Louisiana, ensuring smooth operations at a guaranteed fuel efficiency level.

A consortium of investors, including Taekwang Power and Aowa Power, signed an investment agreement for the Nam Dinh 1 Build-Transfer-Operation thermal power plant in Ha Noi, Vietnam.

Australian rail freight operators, Aurizon, has extended its relationship with long-term customer Syntech Resources.

The Queensland Resources Council has written to Queensland Premier Annastacia Palaszczuk seeking a meeting to discuss ways the government can support the state’s resources sector.