Vitol buys export space at Colombia Santa Marta

Print
Tue, Jan 26, 2010

Coal Company News
Post by Researcher , Coal Researcher

On Tuesday, it was reported that Vitol buys 4-yr export space at Carbosan port, Santa Marta.

The press release is quoted as saying:

Global energy trader Vitol has signed a four-year deal to take 1 million tonnes of export capacity at Colombia’s 3 million tonnes a year Carbonsan port in Santa Marta, sources familiar with the deal said on Monday. Vitol has been seeking coal mining and logistical assets in key exporting countries for the past several years. Colombia is the world’s fifth-largest coal exporter and ships around 61 million tonnes of thermal coal a year to Europe, the United States. and increasingly to Asia.

Click here to access the entire press release

Questions about this article? Leave a comment below or contact our editorial team at editor@resourceinvestingnews.com.

Top Articles
Latest from this Author
Share this Article

This Week's Most Read Articles

Latest Coal Articles from Researcher

What is Coal Investing News' Comment Policy?
Coal Investing News pre-moderates comments on our blog posts and post-moderates comments on news stories. We never censor comments based on political or ideological point of view. We only delete those comments that include the following transgressions:

Are abusive, off-topic, use excessive foul language
Include ad hominem attacks including comments that celebrate the death or illness of any person, public figure or otherwise
Contain racist, sexist, homophobic and other slurs
Are solicitations and/or advertising for personal blogs and websites
Thread spamming (you've posted this same comment elsewhere on the site)
Are posted with the explicit intention of provoking other commenters or the staff at Coal Investing News
Contains content that may infringe the copyright or intellectual property rights of others or other applicable laws or regulations.

Asides

For upcoming coal investing trade shows, see the following links: Cambridgehouse, IIC, Chicago Resource Expo
CoalInvestingNews.com maintains a focus on Coal exploration and investment opportunities. For broader Natural Resource Investing, see ResourceInvestingNews.com.
The Coal Investing Glossary: This glossary covers investing in junior resource companies. For the experienced investor or the newbie, you should find everything you need here. If not, let us know and we’ll research and add what you’re looking for.
ResponsibleMiner.com is a new web site with a wiki for mining companies and suppliers can discuss best practices in the mining industry. Also, check for profiles of companies doing great things to improve mining best practices.