News

Arlington, VA, March 4, 2011—Members of the Coal Trading Association (CTA) have approved a new technical specification for a CSX Rail Product in Central Appalachia (CAPP). According to CTA President Sean Murphy, “The quality of coal being mined in Central Appalachia is changing and our membership indicated that a new specification was in order to [...]

The Coal Trading Association (CTA) has elected new officers and two new board members for the coming year. Board members are elected for three-year terms. Following are the new officers: President Sean Murphy is Director of Fuels for Mirant Energy Trading, where he oversees procurement of fuel for more than 10,000 MWs of electric generation. [...]

The Coal Trading Association CTA will hold its 2010 Fundamentals of Coal Trading class September 1-2 at the Intercontinental Buckhead Hotel in Atlanta, GA. The class has been expanded to a day-and-a-half event that will begin at 1:00 p.m. on September 1 and conclude at 4:00 p.m. on September 2. The lead class instructor will [...]

The Coal Trading Association (CTA) has announced its 2010 schedule of events. Details for each are on the CTA’s website. CTA Reception at the Eastern Fuel Buyers Conference, May 4, Disney’s Yacht and Beach Club Resort, Orlando, FL This reception precedes the 2010 Eastern Fuel Buyers Conference. It will include a wine tasting and the [...]

The Board of Directors of the Coal Trading Association (CTA) has affirmed the importance of an existing provision in the Master Coal Purchase and Sales Agreement that addresses volumetric mismatches in Over-the-Counter (OTC) contracts. The process, known as Quantity Variance Adjustment (QVA), would take effect on January 1, 2010, and become standard in the CApp [...]

“Coal Markets: Defining the New Normal,” is the theme for the 2009 Coal Trading Conference, December 7-8 at the Millennium Broadway Hotel in New York City. Program and registration details are now available. Paul T. Demzik, president of Peabody COALTRADE International and Peabody Energy, will be the keynote speaker. Demzik will offer a coal supplier’s [...]

The Coal Trading Association CTA will hold its 2009 Fundamentals of Coal Trading class September 3 at the Westin Hotel in St. Louis, MO. The lead class instructor will be Rick Thomas, a 30-year coal industry veteran who now serves as a consultant to producers and traders. He has been a buyer, purchaser, and trader [...]

The Coal Trading Association CTA will hold its 2009 Fundamentals of Coal Trading class September 3 at the Westin Hotel in St. Louis, MO. The lead class instructor will be Rick Thomas, a 30-year coal industry veteran who now serves as a consultant to producers and traders. He has been a buyer, purchaser, and trader [...]

The Coal Trading Association (CTA) has elected new officers for the coming year and new directors. Board members are elected for three-year terms. Following are the new officers: President Raphael Pierce is senior vice president for Urban Energy Enterprises, LLCma privately held energy marketing and consulting company where he is responsible for the oversight and [...]

The Coal Trading Association (CTA) members have approved the development of two new over-the-counter (OTC) products, the result of a 20-month process to create new standards for domestic coal through the CTA’s New Products Committee. The new products include Illinois Basin barge and enhanced Western Sub-Bituminous Rail coal. The project responded to members’ requests to [...]