GLG News by Metallurgical Coal Experts

Tradewinds reports that some six or seven bidders responded to the initial round of indicative bids for TUI's liner shipping company.  NOL will be the successful bidder.

Despite the change in leadership at both the PMA and ILWU, commitment to early negotiations, and a clampdown on rhetoric in the press, the situation is starting to resemble the 2002 talks that led to a 10-day lockout.

    The court decision striking down the Clean Air Interstate Rule will have an affect on SO2 allowances and the SO2 premium earned by coal suppliers.

    The decision by the U.S. Court of Appeals for the District of Columbia Circuit striking down the Clean Air Interstate Rule (CAIR) will affect emissions control spending in the immediate term.

    The U.S. Court of Appeals for the District of Columbia Circuit struck down the EPA’s Clean Air Interstate Rule (CAIR) to reduce NOx and SO2 in 28 Eastern United States.  This follows a court decision striking down EPA’s Clean Air Mercury Rule (CAMR).      ...

    Railroads, unlike airlines and trucking firms, are able to pass along the high cost of fuel in  transportation agreements.  Below discusses this and the value to the railroads for coal transportation.

Tradewinds reported that Rio Tinto and BHP Billington have finalized contracts with Baosteel for an 80%+ increase in the price of iron ore out of Australia.  This compares favorably to the Vale benchmark achieved earlier this year for a 65% increase out of Brazil and reflects the freight differential...

Tradewinds reported that Rhythm of Life Cosmetics has filed a "me too" law suit against Matson Navigation Company (Nasdaq:ALEX) citing the DOJ investigation into the Jones Act liner trades.  This is the first suit against Matson, whom does not participate in the Puerto Rico trade where most of...

We the public are wihtout any definitive answers as to why oil prices are so high.  The impact of the recent Saudi oil meeting didn't come up with a credible plan of action to resolve or even shed any light on why oil prices are so high.  Recent hearings on capital hill with key...

    The input costs for utilities to generate electricity are up.  These costs include coal, transportation, natural gas, and power purchases.  There are no guarantees, however, that a regulated utility may pass along these costs as discussed in the commentary section.