News

US coal production forecast to decline 17% in Q4: EIA

The US Energy Information Administration is forecasting a 17% decline in fourth-quarter coal production from the year-ago period, according to the agency’s monthly Short-Term Energy Outlook. The report, issued Tuesday, forecasts total US coal production to sink to 159 million st in the final three months of the year, a decline of 34 million st […]

US coal exports extend declines in August

US coal exports fell again in August as pressure on both thermal and metallurgical seaborne markets intensified, government data show. Shipments fell to 7.71mn short tons (6.99mn metric tonnes) from 9.99mn st in August 2018, according the US Census Bureau. The decrease kept year-to-date shipments about 17pc below 2018 levels but still above 2017 exports. […]

Hampton Roads coal exports extend declines

Coal exports out of Hampton Roads, Virginia, fell for a seventh month in August reflecting lower metallurgical and thermal prices. Terminals at the port loaded 2.85mn short tons (2.58mn metric tonnes) of coal last month, down from 4.29mn st a year earlier, the Virginia Maritime Association said today. The decrease keeps exports from Hampton Roads […]

EU thermal coal imports at lowest this century

Intense competition from natural gas cut the EU’s net monthly thermal coal imports to their lowest this century in July, according to provisional Eurostat data. Net EU thermal coal imports from countries outside of the region fell by 3.7mn t on the year to 5.5mn t in July. This was down from 5.7mn t in […]

Richmond Says “Yes” to Coal

After a contentious summer rally between environmentalists and union workers, the Richmond Planning Commission voted unanimously to keep coal in Richmond.   On a warm evening in late July, the “No Coal in Richmond” organizers gathered on the steps of Richmond’s City Hall to urge the city’s Planning Commission to phase out the storage and handling of […]

US rail agency to act soon on rate review changes

The US Surface Transportation Board (STB) is expected within the next two weeks to begin a process for rethinking how it determines whether rail transportation rates are reasonable, agency vice chairman Patrick Fuchs said yesterday. Updating those rules is the agency’s top priority, Fuchs said yesterday at the National Coal Transportation Association’s annual meeting in […]

US coal exports fall to almost 3-year low

US coal exports dropped to a 33-month low in July, as fundamentals in overseas markets continued to erode. Shipments fell by 34.6pc from year-earlier levels, to 6.49mn short tons (5.95mn metric tonnes), the US Census Bureau said yesterday. The last time coal volumes were lower was in October 2016. Thermal coal led the declines amid […]

Southeast US ports brace for Hurricane Dorian: Update

Updates port conditions and category of Hurrican Dorian. New York, 3 September (Argus) — The US Coast Guard (USCG) closed the port at Brunswick, Georgia, and the Florida ports of Canaveral and Jacksonville as Hurricane Dorian, downgraded to a category 2 storm this afternoon, moved up the east coast. The USCG said it expected to […]