Union Pacific reports 4Q16 results
The report shows a drop in coal volumes, revenues.
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The report shows a drop in coal volumes, revenues.
The company's shareholders approved the reverse stock split at its annual general meeting.
Coal exports at the Port reached a record 15.9 million t in December 2016.
The delivery is for the drybulk carrier M/V Tasos.
The Port of Rotterdam Authority is calling on the European Parliament to put pressure on the IMO to produce an ambitious worldwide CO2 reduction plan for sea shipping.
According to a report from BIMCO, the significance of US coal exports has seen a considerable setback, with 2016 achieving the same levels as 2009.
JERA Co. and EDF Trading sign a binding agreement for JERA Trading to acquire EDF Trading’s coal and freight business.
US exports of corn and wheat jumped in the week ending 1 December, while soybean exports were down.
McInnis Cement has announced the appointment of Mr. Hervé Mallet as President and Chief Executive Officer.
Chinese coal imports fell to a three-month low, while iron ore imports hit an eight-month low in October.
Italian imports of thermal coal are expected to fall 7% in 2016, while imports of metallurgical coal remain steady.
An increase in iron shipments as mining companies seek to take advantage of higher prices is boosting the capesize market.