GLG News by Metallurgical Coal Experts

    As a quick background, a “paper barrier” is a provision contained in an agreement when a Class I Railroad sells a line segment to a Class III Railroad preventing or limiting the acquiring Class III Railroad from interchanging traffic with a connecting railroad other than the...

The big three Japanese shipping firms; MOL (TYO:9104), NYK (TYO:9101) and "K" Line (TYO:9107) all showed impressive 1H07 net income improvements.  All three have extensive holdings in multiple maritime segments, ensuring that a poor market in one division is offset by results...

Overseas Shipholding Group (NYSE:OSG) reported a 70% drop in third quarter earnings despite a 24% increase in total revenue days.  The difficult market is expected to last into 2010.

Staggering conditions of residential real estate market somewhat take its toll on the manufacturers of HVAC equipment. On the other side, conditions of the commercial real estate are good, and, in addition, necessity to deal with contininiously rising costs of energy forces facilities management to...

An increasing number of shipowners are approaching major shipyards about converting their tanker and VLGC construction contracts into Capesize dry bulk carriers.  Tanker and Gas rates remain anemic, while dry bulk rates remain exceptionally strong.  For many reasons, this makes for bad economics...

Orient Overseas' (HK:0316) 3Q07 results are indicative of container shipping in general: volumes are up in all trades, but short of capacity additions; rates are both up and down, depending on the trade; and everyone wants to speak about revenues, rather than earnings.

1) Cement manufacturing is one of the most fuel consuming industrial processes. 2) Fuel is one of the major operating expenses in the production of cement. 3) Most of the cement thermal reactors (rotary kilns or vertical cacliners) use whether refuse fuels or low cost fossil fuels. 4) As a result, additional...

Ultrapetrol (NasdaqGM:ULTR) derives a third of its earnings from its inland barging division.  Drought conditions in the Hidrovia waterway region is greatly impacting river operations.

Contract prices likely to soar in 2008 Rising supply and weaker demand may lead to weakness in 2009

Aegean Marine (NYSE:ANW) announced the acquisition of EU-based Bunkers at Sea, giving ANW an immediate presence in the large European bunker market.  While the company only has two bunker tankers (Aegean will throw in a third), it services 45 ports in the region.