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US Judge to Approve Peabody Ch. 11 Plan, Subject to DOJ Talks

Posted by Eric Haun

A U.S. bankruptcy judge said on Thursday he would approve a plan by Peabody Energy Corp , the world's largest private sector coal producer, to exit Chapter 11 bankruptcy subject to discussions with the U.S. Department of Justice.

(Reporting by Tom Hals in Wilmington, Delaware; Editing by Chris Reese)

Mar 16, 2017

 

Energy

Global FLNG Capex to Total USD 37.6bln

Global Expenditure on FLNG Facilities by Region, 2012-2023. Graph: Douglas-Westwood

Global Capex on FLNG facilities is set to grow at a 9% CAGR over the 2018-2023 period

Asia Tankers-VLCC Rates to Remain Low on Tonnage Glut

File Image: A VLCC Underway in the Suez Canala (CREDIT: Suez Canal)

Around 90 ships charter free for early September loading.   Freight rates for very large crude

Latest Gulf of Mexico Auction Signals Offshore Return

© Mike Mareen / Adobe Stock

Major oil producers pushed up high bids at a Gulf of Mexico offshore auction to $121 million on

Finance

Port of Incheon Volume to Reach 3.08 million TEU in 2017

Photo:  Port of Incheon

The Container Handing Volume by the Republic of Korea's  Port of Incheon is expected to reach 3.

Asia Tankers-VLCC Rates to Remain Low on Tonnage Glut

Around 90 ships charter free for early September loading.   Freight rates for very large crude carriers (VLCCs) on Asian routes will remain under pressure for at least the next

Port of Hamburg Maintains Seaborne Cargo Volume

Photo: Port of Hamburg

At 70 million tons, first-half seaborne cargo throughput in Hamburg in 2017, including the

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