Search results for: coal shipment

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  • 28 June 2016

    The Oakland city council voted unanimously against the plans to send millions of tons of coal shipments through a proposed marine terminal in the area on Monday, according to media reports. The decision, which requires a second vote to be made final, prohibits the transportation, handling and storage of coal and petroleum coke at bulk […]

  • 24 June 2016

    In light of the latest kidnapping of seven crewmembers in the southern Philippines, Indonesia said that the stoppage of coal shipments to the Philippines will remain in place until the country can guarantee for security, Reuters reported. The kidnapping of the seafarers from an Indonesian tugboat, which was underway towing a coal barge on June 20, pushed the number […]

  • 4 November 2019
    Business & Finance

    Oldendorff Carriers signs a coal transportation agreement with the Bangladesh Chinese Power Company.

  • 16 May 2016

    Climate activists have continued their protest against coal shipments over the weekend targeting Indonesia, the world’s second biggest exporter of coal. Namely, on Sunday, Greenpeace Indonesia activists climbed the cranes of two grab-type ship unloaders, blocking the supply of coal for the Cirebon Coal Power Plant. The protest is part of a global wave of ‘Break Free’ […]

  • 10 May 2016
    Business & Finance

    The Australian police arrested 66 activists after they reportedly shut down the operations in Newcastle coal port, the largest bulk shipping port on the east coast of Australia, as part of a protest against fossil fuels. Around 200 kayaks “symbolically” blocked Newcastle Harbour as part of the protest by about 1,500 people in the morning hours of May […]

  • 29 August 2016

    On August 26, California Governor Jerry Brown signed into law a bill to block state funds for any new project that would allow coal to be shipped or exported through this US state, effective January 1, 2017.  Senate Bill 1279 will bar the California Transportation Commission from allocating state funds for new coal-related projects. The measure […]

  • 19 March 2010

    China’s newest port, to be built at Huludao, Liaoning Province, will support the transportation of some 50 million tonnes of coal from landlocked Mongolia, China News Daily has reported. The first phase of the project will be finished by 2012, the paper quoted Zhao Rongging as saying. Annual throughput will be increased to 230 million […]

  • 16 May 2018

    US judge annulls a ban prohibiting the transportation and export of coal through Oakland Port.

  • 21 April 2016

    Indonesia is restricting shipping of coal to its neighboring Philippines following a rise in hijackings of its ships by Filipino pirate groups linked to Islamist extremists. The ports of Banjarmasin and Tarakan in Indonesia’s Kalimantan have stopped approving shipping permits to the Philippines, Reuters reports, citing a government official, amid fears of more attacks and kidnappings. […]

  • 30 July 2015
    Business & Finance

    Last week’s collapse of a giant coal stacker at Port of Nacala will delay Brazilian mining giant Vale’s plans to start coal shipments from this Mozambican port in the third quarter of 2015, Reuters reports. Sources familiar to the matter told Reuters that the contractors were investigating the incident and a report on why the stacker buckled […]

  • 30 July 2015
    Business & Finance

    Last week’s collapse of a giant coal stacker at Port of Nacala will delay Brazilian mining giant Vale’s plans to start coal shipments from this Mozambican port in the third quarter of 2015, Reuters reports. Sources familiar to the matter told Reuters that the contractors were investigating the incident and a report on why the stacker buckled […]

  • 4 May 2010

    Coal shipments from Australia’s Newcastle port, the world’s biggest export harbor for the fuel used in power stations, rose 9 percent last week while the number of vessels waiting to load decreased. The volume exported in the week ended 7 a.m. local time yesterday increased to 2.1 million metric tons from 1.91 million tons in […]

  • 30 June 2010

    Coal shipments from Australia’s Newcastle, the world’s biggest export port for the power station fuel, rose 3.6 percent last week while the number of vessels waiting to load reached the longest in almost three years. The volume exported in the week ended 7 a.m. local time June 23 climbed to 2.11 million metric tons from […]

  • 13 February 2012
    Business & Finance

    The 87,000 DWT NYK-operated bulk carrier, Shirakumo, arrived at the port of Soma’s wharf No. 5 in Fukushima prefecture on February 9. Shirakumo is the first coal carrier to berth at the wharf since the Great East Japan Earthquake. The ship was carrying 63,000 tons of coal from Newcastle, Australia, destined for the Shinchi thermal […]

  • 3 August 2016

    Three Southeast Asian countries, the Philippines, Indonesia and Malaysia, have reached an agreement for trilateral maritime cooperation to launch joint sea patrols in regional waters in an effort to deal with the rising number of kidnappings and pirate attacks, according to the Jakarta Post. Under the agreement signed on August 1, the countries’ maritime security personnel would accompany commercial vessels […]

  • 11 September 2012
    Business & Finance

      Mechel OAO, one of the leading Russian mining and metals companies, announces the signing of a long-term partnership agreement with South Korea’s STX Group during the Business Summit of the Asia Pacific Economic Cooperation (APEC). Chairman of the Board of Directors Igor Zyuzin signed the agreement on behalf of Mechel OAO, and Chairman Kang […]

  • 11 September 2012

    Mechel OAO, one of the leading Russian mining and metals companies, announces the signing of a long-term partnership agreement with South Korea’s STX Group during the Business Summit of the Asia Pacific Economic Cooperation (APEC). Chairman of the Board of Directors Igor Zyuzin signed the agreement on behalf of Mechel OAO, and Chairman Kang Duk-soo […]

  • 22 April 2016

    Indonesia has issued a warning to all vessels to stay clear of transiting areas around the southern Philippines as the number of hijackings along the shipping route between the Philippines and Indonesia increases, according to Reuters. The warning follows a recent surge in pirate attacks on the route, through which some USD 40 billion worth of cargo transits per […]

  • 12 January 2011

    Arch Coal, Inc. today announced that it has acquired a 38 percent interest in Millennium Bulk Terminals-Longview, LLC (“MBT”), the owner of a bulk commodity terminal on the Columbia River near Longview, Wash., in exchange for $25 million plus additional consideration upon the completion of certain project milestones. “This transaction gives us a direct stake […]

  • 22 December 2015
    Business & Finance

    This morning the Australian Government announced the go ahead for Adani’s Abbot Point coal port on the country’s Great Barrier Reef coast, a move which is expected to make the port one of the world’s biggest coal ports. The proposed action is expected to include capital dredging, onshore placement and reuse of dredge material at […]

  • 25 February 2013

      Drewry’s latest Dry Bulk Insight report shows that the Drewry Hire Index suffered a further decline in the first month of the New Year. The main culprit was the Capesize segment, where lower demand eventually led to a decline in their freight rates. The outlook for 2013 remains bleak, with unpromising demand projections keeping […]

  • 29 January 2016
    Business & Finance

    If dry bulk ship-owners collectively removed half of all capesize ships over 12 years old, equating to around 20 million dwt of capacity, it would enable earnings to return to profitability by 2018, according to the latest estimates from Drewry. The shipping consultancy believes that dry bulk shipping is facing a perfect storm and requires […]