Coal still king in Hampton Roads despite container growth

Coal still king in Hampton Roads despite container growth

On a sunny late summer morning, three ships lined the private coal terminals in Newport News, Va. At least a dozen more colliers waited their turn from a nearby anchorage. Right on cue, two McAllister Towing tugboats arrived at Dominion Terminal Associates (DTA) to assist one ship off the pier and make room for another. […]

Shut out of China, U.S. coal exporters find favour in India, for now

U.S. coal exporters have effectively lost a promising market in China since the imposition of tariffs as part of the ongoing trade dispute, but so far they have managed to find other buyers in Asia, chiefly India. China imposed a 25 percent tariff on imports of U.S. coal in August as part of its retaliation […]

Exports drive Appalachian coal production, prices

Coal production across the Appalachian basins rose in the third quarter following gains in seaborne demand. Production in northern, central and southern Appalachia climbed by 4.6pc to 48.7mn short tons (44.2mn metric tonnes) in the quarter, from 46.5mn st the year before, according to data from the Mine Safety and Health Administration. Around 40pc of […]

US thermal coal exports jump to five-year high in September: Census

Houston — Due to a sharp decline in metallurgical coal exports, as well as a near weeklong disruption at the Port of Virginia from Hurricane Florence, US coal exports fell to a six-month low 8.6 million mt in September, down 5.7% from 9.12 million mt in August, but were capped off by thermal exports, which […]

Hampton Roads coal exports climb

Coal exports out of Hampton Roads, Virginia, climbed by 20.2pc in October, rebounding from the port’s first drop in nearly two years. The port’s terminals handled 3.71mn short tons (3.37mn metric tonnes) of coal last month, up from 3.08mn st a year earlier, according to the Virginia Maritime Association. That brought year-to-date shipments up to […]

US Hampton Roads coal exports jump 20% on month to 3.71 mil st in October

Coal exports out of the terminals in the Hampton Roads region in Virginia were at 3.71 million st in October, up 20.2% from the eight-month low 3.09 million st in September, Virginia Maritime Association data showed Friday. The October total was also up 20.3% from 3.08 million st in the year-ago month and the highest […]

US thermal coal exports reach 5.5-year high

US thermal coal exports jumped to their highest level in five-and-a-half years in September. Just under 5.4mn short tons (4.9mn metric tonnes) of steam coal left US ports during the month, the most since March 2013. That was 7.5pc higher than September 2017’s 3.54mn st. The increase follows a resurgence in demand and prices in […]

Domestic, seaborne demand bolster Consol sales forecast

Consol Energy anticipates selling more coal this year than it previously expected, as seaborne and domestic demand continue to support US producers. The Appalachian producer raised its 2018 outlook to 26.9mn-27.5mn short tons (24.4mn-24.9mn metric tonnes) from a previous forecast of 26.4mn-27.4mn st. This was the third time the company has raised its sales projections […]