Three coal export facilities in Queensland have suspended ship-loading operations due to the approach of a Category 3 cyclone, Platts has just reported. They include Dalrymple Bay, Hay Point and Gladstone.
It may be difficult to look beyond the current pricing environment for oil, but the depletion of low-cost reserves and the increasing inability to find major new discoveries ensures a future of expensive oil.
The Swiss Gemmological Institute (SSEF), one of the world's most respected gem research, education and grading institutions, has inaugurated a state-of-the-art laboratory in Basel, more than doubling the size of its previous facility and enabling a massive expansion of the services it has provided the gemstone, jewellery and watch industries for more than 40 years.