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BEIJING - The spread between seaborne iron ore heading to China and iron ore at China's ports has widened to the highest in at least two years, following an increase in shipments from Australia and Brazil as disrupted mines gradually come back on track.
Spread between seaborne, port iron ore prices widens on shipment surge
"Peabody's second quarter results were highlighted by another excellent quarter from the new Shoal Creek Mine, solid contributions from the seaborne thermal coal business and improved costs across multiple operating regions," said Peabody President and Chief Executive Officer Glenn Kellow.
Peabody Energy (NYSE: BTU)
Coal exporters suffered a poor April with seaborne volumes dropping from the previous month amid slack demand, but the overall picture for the industry so far this year isn't quite as gloomy as it may appear.
Poor month for global seaborne coal exporters
The failing Transport Secretary awarded contracts worth more than PS100million to three firms - Brittany Ferries, DFDS and Seaborne Freight - to ease pressure on the main Dover to Calais route.
PS50m ferry fail; Grayling bill for Brexit blunder
Summary: According to UNCTAD, global seaborne trade volumes surpassed 10 billion tons in 2015, with shipments expanding by over 2%.
Dredging Market-Projections Showing Positive Revenue during 2018-28
Eurotunnel, which operates the Channel Tunnel, will no longer challenge the Department for Transport's decision to award deals worth PS108m to Seaborne Freight, DFDS and Brittany Ferries to lay on additional crossings to ports other than Dover in the case of a no-deal Brexit.
Eurotunnel legal row settled with PS33m payout
Seaborne Airlines has announced it is returning to the Dominican Republic with nonstop service between San Juan's Luis Munoz Marin International Airport (SJU) and Santiago de los Caballeros Dominican Republic's Cibao International Airport (STI), the company said.
Seaborne Airlines returns nonstop service to Dominican Republic
The National Audit Office said that Seaborne Freight was unable satisfactorily to meet the criteria required in the DfT's tender for additional cross-Channel services to ease disruption in the case of a no-deal withdrawal from the EU.
No-ship ferry firm 'identified as a risk'
Grayl ing was slated in December after it emerged boatless Seaborne Freight had been awarded a PS13.8million contract to run services between Ramsgate and Ostend in the event of the UK crashing out of the EU in March.
SHIP WRECK; TRANSPORT SECRETARY FINALLY CAVES INCalls on Grayling to quit after U-turn over ferry contract with boatless firm
The bungling Transport Minister, who has overseen a string of failed projects, had struck a PS13.8million deal with Seaborne Freight to run services between Ramsgate in Kent and Ostend if we crash out of Europe.
Not ferry clever; Demands Grayling quits as Seaborne deal axed
The hapless Secretary of State, who has a string of gaffes under his belt, gave the PS13.8million deal to Seaborne Freight to run services between Ramsgate and Ostend, in the event of a no-deal.
ROLL ON.. ..BOG OFF; Grayling told to quit after no-deal 'ferry' firm deal collapse
The under fire Transport Secretary had awarded a [pounds sterling]13.8m contract to a company called Seaborne Freight to run vessels in the event of a no-deal Brexit.
No-deal Brexit contract to ferry firm with no ferries is cancelled; The farcical decision to grant a contract to Seaborne Freight, overseen by bungling Chris Grayling, has led to calls for him to resign

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