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China set to unload some stranded Australian coal amid ban

China plans to allow some stranded Australian coal shipments to unload in the country despite its ongoing import ban. The move should be seen as a goodwill gesture to countries with seafarers stranded rather than an ease of restrictions, says anonymous source.

IEA: Coal overtaken by sun and wind

Renewables such as sun and wind are overtaking coal. In a new report, the International Energy Agency revises its prognosis for the future of sustainable energy and it is not looking good for the fossil fuel.

World Energy Council: Energy demand will peak in 2030

The energy sector is quickly headed towards a new reality in which the demand for energy per capita will peak by 2030, writes World Energy Council in a report after working for three years to map out the pivotal trends.

BHP Billiton projects growing demand for coal

China, India and several Southeast Asian nations will drive an increasing demand for coal ahead of 2020, projects an executive from mining giant BHP Billiton. The assessment contradicts numerous analysts, who foresee a more gloomy outlook for the sector.

London P&I warns against Indonesian coal

A number of unfortunate incidents related to dry bulk vessels carrying Indonesian coal have spurred London P&I to caution against the cargo. If the temperature is too high, the thermal coal risks self-ignition.

World's largest coal producer suspends payments

The catastrophe in the coal sector has been looming for a long time, following price plunges of up to 75 percent since 2011. In what observers call the most severe example ever of a sector in decay, US coal producer Peabody has now given up.

Chinese coal continues to slide

The import of coal to China has noted a dramatic decline in the first eight months of the year, compared to the same period last year, according to new numbers from a Chinese analyst agency.

Clarksons Platou: Iron ore drives improved bulk rates

An unusually massive transport of iron ore these days is the main driver behind the surprising and significant rate improvement in the otherwise struggling dry bulk market, notes Clarksons Platou in an analysis that points to positive signs in the market going forward.

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