GLG News by Metallurgical Coal Experts

Reports from the TSA indicate that their primary goal of the 2008 contracting season, floating fuel surcharges, has largely been accepted by shippers.  Their secondary goal, increases in the base freight rate, has largely failed.

Wind is a variable resource, producing power only when the wind does not blow too slow or too fast. Balancing it with the customer load will be important Wind needs more ancillary services than conventional generation because of its variable nature. Estimates are 1MW of conventional generation for every...

    The recent plunge in SO2 allowance prices may affect the decisions of coal-fired power plant owners.

There is no doubt that world GDP has a strong correlation to dry bulk shipping rates, but the short-term problem is impending oversupply, rather than slackening demand.

    The D.C. Circuit Court of Appeals ruling on February 8, 2009 in favor of the plaintiffs that coal plants could not be removed from the list of mercury sources subject to a Maximum Available Control Technology (MACT) standard and the subsequent movements to require EPA to set...

While the combination of escalating steel prices, inexperienced shipyards, and the credit crisis may conspire to effect the cancelations of some contracts, the impact on actual ships built will be minimal.

While Tidewater (NYSE:TDW) reported a year on year drop of 2.5% in earnings, the sky is not yet falling.

    All of the various regulations being discussed in the U.S. Congress to slow, stabilize, and then reduce CO2 emissions nationally include some type of cap and trade system.  Each of these programs have a portion of the CO2 emissions allowances being allocated for free to...

    The biggest driver for orders of coal railcars will be the new coal plants coming on line the next few years.  The commentary section below discusses the number of new coal plants presented by FreightCar America on its Q1 2008 conference call versus an updated analysis by...

Recent hikes in coal prices in international market have caused significant worries among people. They believe that coal will follow oil and become another very expensive commodity. Such worry is unnecessary.