£10M Government loan for UK Coal closures

Miners at Kellingley Colliery, Britain’s last deep coal mine, have finished their final shift, as the mine closes.

Hargreaves Services PLC, a leading firm in solid fuel supply and bulk material logistics, is raising investment funding through a £42M placing.

A fire that has raged underground for three weeks has forced the closure of Britain’s largest remaining coal mine, Daw Mill Colliery.

UK Coal has completed a restructuring process aimed at avoiding imminent receivership.

Coal imports are boosting the UK’s major bulk ports while agribulks are improving smaller ports’ prospects.

Several interesting projects and co-operation agreements in the bulk crane sector have recently been reported around the world. First, Shanghaibased Zhenhua Shanghai Port Machinery Company (ZPMC) has won an order from the Port of Esperance in Western Australia for a dual-purpose crane for container and grab duty.