DTC‘s news section highlights pertinent industry observations and proprietary reports from the many U.S. and global coal and energy conferences we attend throughout the year. These events provide us with the opportunity to gather first hand market data only available right here.
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According to preliminary customs data, Chinese coal imports increased significantly to 27.81 mm MT in January, rising 22.3% seq and 11.6% YoY and reaching the strongest month in four years since the country imported 35.90 mm MT in January 2014....
Seaborne Thermal Coal Commentary: In China, four of the country’s top utilities have told the government some regions will face heating and electricity shortages due to tightening supplies of coal ahead of the Lunar New Year, the latest sign the...
Coaltrans USA Recap: DTC’s Andy Blumenfeld, Dianna Ridgway and Steve Ristevski were among the fortunate ones to enjoy some Florida sunshine last week while attending the Coaltrans USA conference in Miami, as well as a NYCTA golf outing at Key...
The private coal producer Murray Energy reported through PR Newswire that it has entered a binding agreement with Armstrong Energy and certain of its senior secured noteholders in which Murray will acquire a 51% ownership stake in a new entity that...
Anti-coal activists have continued to interrupt coal deliveries and loading for the second week at the Adani-owned Abbot Point Coal Terminal (APCT) in Queensland, Australia. Actions included disruptive protests and blocking roads and railways to stop coal throughput to and...
We have heard from market sources that January is shaping up to be a tough month as some US Coalcos are facing difficulties getting enough railcars to move export coal shipments. The central problem is the weather which caused frozen...
Last week most of the eastern US was blanketed in new record low temperatures, which combined with heavy snowfall and gusty wind conditions hampered port operations, stopped vessel movements and slowed railway service. Dominion Terminal Associates declared force majeure last...
And just like that 2018 has arrived! Along with a fresh start comes the hope and optimism that a new year brings with it. A tight market, strong prices and a favorable administration don’t hurt either. We look forward to...
Geoff was in Houston, Texas last week at the Heartland Institute America First Energy Conference. The general feeling from the conference was enthusiastic, not only about the Astros winning the World Series, but also about the new administration and its...
Dianna and John made their way to the MetCoke Summit, held in Chicago this year. With met prices where they are, it’s not a surprise the conference mood was optimistic and upbeat. Attendance was up roughly 12% vs last year....
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