European port coal stocks decline from record highs.

Slowing vessel arrivals and some export activity have seen coal inventories at northwest European dry bulk terminals decline 5 percent from last week's multi-year high of more than 7.3 mt.

Stocks at four key Amsterdam, Rotterdam and Antwerp dry bulk terminals were pegged this week at 6.96 mt, the lowest since mid-September but still more than 20 percent higher on the year.

A source at one terminal quoted as saying vessel arrivals had slowed, but reloadings from stock onto barges - for shipment to inland plants - were also relatively...