Port of Antwerp sells stake in Essar Ports Ltd
Port of Antwerp has ended its financial interest in Indian port operator, Essar Ports Ltd, but will continue to offer consultancy and training services to the Indian ports sector.
Port of Antwerp has ended its financial interest in Indian port operator, Essar Ports Ltd, but will continue to offer consultancy and training services to the Indian ports sector.
Berkshire Hathaway business, BNSF, would join any consolidation of the North American rail sector as Norfolk Southern continues to hold out against Canadian Pacific’s advances.
The dry bulk shipping sector could see further bankruptcies as weak demand and overcapacity places continued pressure on freight rates in 2016.
US rail operator, Norfolk Southern, has rejected a revised takeover bid from Canadian Pacific as “grossly inadequate.”
Following continual declines in thermal coal prices, Westshore Terminals and Global Coal Sales Group are restructuring their agreement for coal volumes for 2016 – 2018.
The Coalview Centralia fine coal recovery plant is celebrating a year since its commissioning.
Jason Burlage has been appointed President of TerraSource Global, manufacturer of the Gundlach Crushers, Jeffrey Rader and Pennsylvania Crusher brand equipment.
The UK P&I Club has recently highlighted the risks involved with shipping Indonesian coals and the steps shipping companies can take to mitigate them.
The dry bulk shipping market will not return to profitability until 2017 as weak demand and an oversupply of vessels continue to dominate the market.
Orders for dry bulk carriers are significantly down on 2014 levels as the industry struggles against overcapacity.
US rail operator, CSX, has lowered its full-year growth forecast on the back of weaker 4Q15 coal shipments.
US coal company, Cloud Peak Energy has amended its transportation agreement with BNSF on weak outlook for US coal exports.
A round-up of some of this week's key news items from the international coal industry, from updates on coal-fired power plants to the latest sales and acquisitions.
SSAB and Aspo Group’s ESL Shipping Ltd have signed a long-term frame agreement reduce CO2 emissions and reduce overall logistics costs.
North American rail company, Canadian Pacific, has made an offer for US rival, Norfolk Southern.