News

Court rejects another Wash. export project appeal

A Washington state court yesterday upheld state regulators’ denial of a permit needed to build the Northwest’s last remaining proposal for a new coal export facility. The Washington Court of Appeals overturned a lower court ruling that Millennium Bulk Terminals was unfairly denied access to build docks on the Columbia River. The coal company behind the project, […]

Hampton Roads coal exports fell in July

Coal exports out of Hampton Roads, Virginia, fell for the sixth straight month in July. Loadings from the port’s three terminals dropped to 2.49mn short tons (2.26mn metric tonnes) from 3.43mn st a year earlier, according to data from the Virginia Maritime Association released today. Exports from all three coal terminals fell. Shipments out of […]

Asian coal market oversupply to continue

Asian thermal coal markets are likely to remain oversupplied, potentially causing trouble for western US exports, consultant Andrew Blumenfeld said yesterday. Despite weak prices, thermal coal producers in Australia and Indonesia are unlikely to pull back production, Blumenfeld, who is head of market analytics at Doyle Trading Consultants (DTC), said yesterday at the American Coal […]

Canada’s Ridley Terminals July coal exports climb 12.9% on month, 13.2% on year

Houston — Coal exports from the Ridley Terminal in Prince Rupert, British Columbia, totaled 799,570 mt in July, up 12.9% from 707,925 mt in June and 13.2% from 706,639 mt in the year-ago month, according to data from the Prince Rupert Port Authority. The total, which combines metallurgical and thermal coal, was the third highest […]

Westshore Terminals Q2 coal exports reach highest level in past year: earnings

Houston — Thermal and metallurgical coal exports from Westshore Terminals near Vancouver, Canada, reached their highest level in four quarters during the second quarter of 2019, mainly due to an increase in met exports, the terminal’s earnings report said. Westshore, the largest coal export facility in North America, shipped 7.6 million mt in Q2, up […]

US rail traffic down on coal demand, trade war

Eastern US railroad CSX is the only major carrier to have increased coal shipments this year, with low natural gas prices driving down shipments at other railroads. The year-on-year increase in CSX’s coal volume has been relatively small, but it stands in sharp contrast with its competitors. CSX coal volume rose by 0.9pc during the […]

Vietnam mulls importing U.S. coal for power generation

Vietnam is considering importing coal from the United States to meet rising demand for the fuel for power generation, state media reported on Tuesday, as the Southeast Asian country plans to build more coal-fired power plants. Vietnam is also seeking to import more U.S. goods to help narrow its trade surplus with the United States […]

U.S. thermal coal exports drop to 25-month low

US coal exports dropped in June amid weaker fundamentals in thermal and metallurgical markets. Shipments fell to 7.94mn short tons (7.2mn metric tonnes) from 10.1mn st a year earlier, according to US Census Bureau data released today. That brought volumes for the first half of the year down to 50.5mn st from 58.1mn st in […]

World News: Colombian coal output to fall this year: ACM

Colombia’s coal production may decline this year because of low prices, said Juan Camilo Nariño, the new director of the Colombian Mining Association (ACM). Thermal coal prices are at levels that make production from some mine pits unprofitable, Nariño said last week on the sidelines of a mining event organized by the Ministry of Mines […]

Coal ship departures from Baltimore climb on week to eight: cFlow

Houston — Eight laden coal ships departed from Baltimore in the week ended July 28, up from six in the previous week, according to cFlow, Platts’ trade flow software. Two of the departures are expected to stop in Norfolk, Virginia, while another is expected to head to Savannah, Georgia. An additional two ships are destined […]