Siberia and Far East coal MoU inked

Between January and August, India’s coal shipments rose 10% y/y, driven by strong electricity demand, but hydropower recovery may reduce future coal demand.

Russia has sent its first 12,000-tonne grain shipment from the new Lugaport terminal in Ust-Luga, aiming to boost exports via the Baltic Sea.

Russia plans to double the Lavna port’s rail capacity from 18 to 36-41 million tonnes annually, aiming to diversify trade routes and boost coal exports.

Mozambique, Zimbabwe, and Botswana will enhance the Beira-Zimbabwe-Botswana railway and develop a US$1.5 billion deepwater port at Techobanine.

MOL and Electric Power Development Co. to install hard sail wind power propulsion system on a coal carrier.

This week, CSX is restarting coal exports in Baltimore after deep channel repairs, preparing for the first major vessel at Curtis Bay terminal.