The railway company Colas Rail is opening a subsidiary, Colas Rail Traction, which will be responsible for all traction and freight operations in France, including the transportation of machinery, work trains and cargo.
More than 9,200 wagons with various goods were found waiting for a transfer through Ukraine’s western land border crossing points on November 16 compared with 11,600 wagons in late October.
Quotes for imported thermal coal have sagged on the West European market. Consumers do not hurry to buy new volumes, expecting further price cuts. Deals are sporadic, most of them stipulate shipments in December.
DTEK Energy has contracted additional 70,000 tonnes of thermal coal from Poland for the heating season. In total, for the period from September 2023 to March 2024, the volume of imported coal purchases has been increased to 280,000 t.
Quotes for imported thermal coal have decreased in ARA ports. Local consumers are inactive on the market. Our sources have reported a tender for the purchase of thermal coal by one of European cement producers, but the details have not been disclosed yet.
The overall cargo turnover dropped by 139,000 t to 1.6 million t at the Riga Freeport in October, showing a decrease of 8% compared with September 2023.
Quotes for imported high-calorie thermal coal have fallen in West Europe. Despite the upcoming season of active consumption, trade has not perked up significantly. Players have reported the signed deal for the supply of coal in December, as well as offers from Kazakhstan.
On the West European market, quotes for imported thermal coal have declined amid moderate pace of trade. Consumers tend to postpone purchases until the situation with natural gas supplies becomes clearer and in anticipation of further price cuts.
About 11,600 wagons with various goods were found waiting for a transfer through Ukraine’s western land border crossing points on October 25 compared with nearly 11,100 wagons in late September.