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DTEK establishes dedicated coal trading company DTEK, the Ukrainian fuel and energy market company, has announced the formation of DTEK Trading Ltd, a wholly owned subsidiary that will undertake coal trading operations in the domestic and international markets. More US DOE to give up to $408M to CCS projects U.S. Department of Energy Secretary Steven Chu has announced that clean coal technology projects by Basin Electric Power Cooperative and Hydrogen Energy International LLC have been selected for up to $408M in funding from the American Recovery and Reinvestment Act. More Anglo American rejects Xstrata's merger proposal Mining group Anglo American has strongly rejected the merger plan put forward by Xstrata, saying that the proposal is "totally unacceptable" and not in the interest of Anglo American shareholders. More Galway re-negotiates Carboluis agreement Galway Resources Ltd has successfully re-negotiated the deal terms with Rio Tinto for the Carboluis coal project located in Santander, Colombia. More globalCOAL publishes SCoTA v7 globalCOAL has launched version 7 of its Standard Coal Trading Agreement (SCoTA), which will become effective on Sunday 5 July at 18.00 GMT. More Santos increases strategic coal seam gas position in Gunnedah Basin Australian oil and gas exploration and production company Santos has announced the next major step in its Australian coal seam gas (CSG) strategy with the acquisition of significant additional acreage in the Gunnedah Basin in northern New South Wales and an investment in leading local CSG company, Eastern Star Gas Limited (ESG). More QMASTOR secures major contract in the USA QMASTOR Limited, provider of specialist management information systems and services to the global mining, port, power generation and other bulk commodity industries, has signed contracts with Jim Walter Resources for the provision of its Pit to Port.net, Horizon APS and iFuse systems for installation at their coal mines in Alabama, USA. More China Shenhua to double production capacity? China Shenhua Energy Co Ltd plans to double its annual coal production capacity by 2014 from this year's level, the China Securities Journal has reported, quoting unnamed company sources. More Drax signs with Spencer Drax Power Limited has signed an GBP18M ($26M) Design and Build contract with C. Spencer Limited to supply rail unloading equipment and biomass bulk storage and handling systems to feed the direct injection biomass co-firing systems currently being installed at the UK's 4,000MW Drax Power Station in North Yorkshire. This is the final contract to be awarded for the 400MW biomass co-firing project. More Indian joint venture for hauling coal State-run Steel Authority of India Ltd (SAIL) is setting up a joint venture company with Shipping Corp of India (SCI) that will provide shipping related services for importing coking coal. More SSE and UK Coal agree five-year purchase agreement UK utility Scottish and Southern Energy (SSE) has agreed binding heads of terms under which it plans to enter into a fiveyear coal purchase agreement with Britain's biggest coal producer UK Coal PLC to provide fuel for its Ferrybridge power station in West Yorkshire. More Transport imbalances plague SA coal The gap between handling capacity at newly expanded Richards Bay Coal Terminal (RBCT) and the ability of the Transnet rail network to transport coal to the terminal looks unlikely to be closed in the near future. More Hunter Valley goes loopy Hunter Valley coal logistics have received another boost with the opening of a new passing loop at Bylong between Gulgong and Denman by the Australian Rail Track Corporation. More DBCT fate in three months New full or partial ownership of Dalrymple Bay Coal Terminal may be decided by July after owner Brown & Babcock Infrastructure set a 2-3 month closing date for binding offersin late April. More Oz miners cut forecasts In some of the first FY09 third quarter reports released to the market Australian coal companies have cut profit and production expectations as demand and prices continue to fall. More More investment for Waterberg Interest in South Africa's Waterberg Basin coal fields continues to grow. Although the area contains a large proportion of the country's untapped coal reserves, its relatively isolated location, the lack of railway capacity and plentiful supplies of coal on the established Mpumalanga fields have thus far deterred development. More China discovers big coal reserve China has discovered a 3 bt coal reserve at Aiding Lake in its northwestern Xinjiang Uygur Autonomous Region. Aiding Lake lies 30 km southeast of Turpan city. More Russia looks to increase exports to China A Russian governmental delegation headed by vice-premier Igor Sechin visited Beijing in April to discuss, among other things, the further expansion of Russian coal exports to China. More Port of Antwerp welcomes largest ever cargo The capesize bulker BAO GUO set a new record at Antwerp Bulk Terminal (Sea-Invest) in April when it docked and unloaded 163,106t of coal in the Delwaide dock. This is the biggest single load ever landed at the port. More China's March coal imports jump to record high China's coal imports hit a record 5.72 mt in March, up 37.4% from a year earlier, as suppliers exploited low shipping rates and the lack of an annual deal between China's big power firms and miners. More Coal mining for Tanzania The Tanzanian parliament is expected to pass new mining legislation in June to encourage the development of Tanzania's coal and uranium reserves. The existing mining law was introduced in the 1990s and turned the country into the third biggest gold producer in Africa, so the government now hopes to replicate that success with the country's other mineral reserves. More QMASTOR to acquire leading logistics management company QMASTOR Limited has signed a binding Heads of Agreement to acquire Coal Link Australia Pty Ltd (CLA) for around A$1.4M. CLA is an independent provider of logistics management and documentation services for more than a dozen leading coal suppliers and traders in the Hunter Valley coal supply chain. More PICT eyes lucrative bulk facility at Qasim Port Qasim Authority (PQA) is in talks with Pakistan International Container Terminal Limited (PICT) to develop a US$175M coal and cement terminal at the port by 2011. More  Feature articles Exhibition record for Coaltrans Asia The 15th Coaltrans Asia exhibition is a sellout, with companies keen to showcase their products and services to the important Asian market. More GFC no brake on Indonesia's growth The global financial crisis is not hindering Indonesia's coal production. The country has forecast record production this year, based on strong demand from China and India. More Unloading options for jetty and offshore Most recent high-capacity dockside coal ship unloaders have tended to be of the continuous bucket-elevator or screw types, while grab cranes have found favour for opensea and mid-stream floating coal transhipment facilities. More False economy of inadequate sampling Correct sampling procedures, whether carried out by a company's own mechanical equipment and laboratory facilities or by a third-party inspection organisation, will safeguard against penalties while maximising profits. More Mixed signals from global markets The financial crisis that has struck economies across the world has had a varied effect on international coal markets. More More thoughts from the chain gang Two leading flexible cable management system suppliers based in Germany have come out with new data about the advantages of using their respective products. More Coal to retain its place in Germany's energy market The planned phasing out of Germany's coal mining industry will not mean the end of its coal usage. The country is instead looking to increase its imports. More Marine logistics come of age in Indonesia Increasing coal production in Indonesia has resulted in the implementation of a number of new or upgraded marine logistics systems. More Boom market set for regulation Supriatna Suhala, executive director, Indonesian Coal Mining Association, looks at the future prospects for the country's coal industry. More Carbon capture and storage:essential for coal's future Around the world, governments are recognising the potential of clean coal technologies such as CCS to reduce carbon emissions while using coal and other fossil fuels. More Rotterdam looks at opportunities for further handling capacity growth While Rotterdam is anticipating a decline in coal throughput this year due to the recession, its long-term prospects are far more positive. More Steep price falls confirmed in contract settlements Collapsing demand for power and steel has meant that annual coal prices have been settled for a price cut of nearly 60%. It marks a dramatic end to six consecutive years of price increases. More China looks to imports as domestic prices remain high Power producers in China are seeking their coal supplies abroad as price negotiations with domestic suppliers continue to falter. More Belt conveyors overcome the impassable Belt conveyors enable the transport of a variety of bulk materials over even the most difficult terrains. More All eyes on Mongolia's coal potential Mining groups are paying close attention to Mongolia's vast coal reserves as the opportunities offered by developing its coal deposits, combined with its proximity to the highdemand China and Asian markets, are realised. More Driving a hard bargain Moving coal around a stockyard entails massive power demands, and how to apply this power, hydraulically or electrically, is a matter of debate. More Taking stock of coal handling Turnkey contracts have the potential to allow blue chip equipment manufacturers opportunities to improve the overall efficiency of stockyard management. More New Dutch logistics organisation launched Portbase - a new, joint Port Community System covering the ports of Rotterdam and Amsterdam - has been officially launched. It is 75%-owned by the Port of Rotterdam Authority and 25%-owned by the Port of Amsterdam. More Port of Amsterdam well positioned to handle growth in coal imports Germany's phasing out of its coal mines will result in an increase in coal imports, providing new opportunities for the ARA ports. The Port of Amsterdam's investment programme will ensure it is ready for the forecast growth in demand. More Is this the end of the golden era for Russian coal? The global economic slump is causing concern for Russia's coal sector, with a forecast drop in the nation's exports threatening mining job losses and company closures. More All contents © WCN Publishing, Northbank House, 5 Bridge Street, Leatherhead, Surrey KT22 8BL, England.