Westshore Terminals sees highest quarterly coal exports in two years

Westshore Terminals sees highest quarterly coal exports in two years

Westshore Terminals reported 8.3 million mt of coal exports in the third quarter, up 9.2% from Q2 volumes and 5.1% higher than the year-ago quarter, the company reported last week. It was the second highest amount in the last five years for the terminal, which is the located near Vancouver, British Columbia. The terminal handled […]

US Met Coal Exporters Lean to Asia as EU Flags

US coking coal exporters continue to lean more heavily toward Asian markets in an attempt to offset flagging European demand, while Turkey and Brazil also struggle to provide much uplift. The latest data from the US Census Bureau show 26.6pc of September’s coking coal exports heading to Asia, up from a 13.5pc share a year […]

Seaborne thermal coal trade to hit 1 bil mt in 2019 as new growth areas emerge

Ho Chi Minh — A tenuous supply and demand balance is expected in the global seaborne thermal coal market in 2020 as trade dynamics shift and new growth areas emerge, speakers at the CoalTrans Conference in Vietnam said Tuesday. Seaborne trade for thermal coal, the most widely used fuel for generating electricity, is expected to […]

Consol executives see thermal coal export market improvement, tout positioning

Amid weakened export pricing, reduced domestic demand and a recent slew of bankruptcies, Consol Energy Inc. executives touted the coal miner’s position as a consistent force in the international market as well as its flexible financial situation to handle challenging market conditions. The price on thermal and metallurgical export coal has dropped significantly this year, […]