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Friday, 12 February 16
U.S. COAL PRODUCTION OFF 5.4% FROM LAST WEEK - EIA
EIACOALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 12.9 million short tons (mmst) of coal in a week (For the week ended February 6, 2016), EIA said in its latest report.

According to EIA’s latest report, this production estimate is 5.4% lower than last week's estimate and 30.1% lower than the production estimate in the comparable week in 2015.

East of the Mississippi River produced totaled an estimated 5.1 mmst (down 5.55% week over week) and west of the Mississippi River produced totaled an estimated 7.8 mmst (down 1.26% week over week), according to weekly figures released by the US Energy Information Agency (EIA), on February 11, 2016.

U.S. year-to-date (as of February 6, 2016) coal production totaled an estimated 69.6 mmst, 32.1% lower than the comparable year-to-date coal production in 2015.
Source: EIA


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Friday, 12 February 16
DRY BULK MARKET'S FORTUNES STILL TIED WITH CHINA'S ECONOMY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The inevitable slowdown of the Chinese economy was expected to hurt dry bulk shipping, but few expected the blow to be this hard, especially given ...


Friday, 12 February 16
COAL PRICES ARE EXPECTED TO DECLINE 13% IN 2016 TO $50 ATON, ON CONTINUED WEAK DEMAND AND OVERSUPPLY - WORLD BANK
COALspot.com: Thermal coal prices fell 9 percent in the fourth quarter on continued weak demand, high stocks, and surplus production, World Bank sa ...


Thursday, 11 February 16
GLOBAL NEWBUILDING ORDERBOOK IS SHRINKING ON A DAILY BASIS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
2016 has started right where 2015 left off when it comes to newbuilding ordering activity, i.e. there are slim pickings to be had from shipyards ar ...


Wednesday, 10 February 16
SOUTH AFRICA IS HOPING TO SHIP MORE COAL TO INDIA IN 2016
COALspot.com: South Africa is hoping to boost coal exports to India after shipping a record 75.4 million tonnes of coal in 2015, industry officials ...


Wednesday, 10 February 16
OWNERS APPEAR WILLING TO DISPOSE OF TONNAGE THE SOONEST IT HITS THE 10 YEAR MARK - TIMOS PAPADIMITRIOU
COALspot.com: The last two months of 2015 made a case for traditional shipowners to invest in the dry bulk sector, doing so though based purely on ...


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