Hampton Roads coal exports rose in March

Hampton Roads coal exports rose in March

US coal exports from Hampton Roads, Virginia, climbed by 23pc in March on the year amid strong international demand. Terminals at the port handled 2.89mn short tons (2.62mn metric tonnes) last month, compared with 2.35mn st in March 2021, data from the Virginia Maritime Association show. But exports slipped month-over-month from February’s 2.95mn st, which […]

US coal exports to reach 3-year high amid war in Ukraine: EIA

Pointing to supply disruptions amid Russia’s war in Ukraine, the Energy Information Administration April 12 revised upward their 2022 US coal export projections to three-year high 89 million st. The estimated volume is 4.5% higher than 2021 exports and the highest since 92.9 million st in 2019, according to the EIA’s April Short-Term Energy Outlook. […]

Coal: Sanctions open the chute for more US exports to Europe

The US coal industry is primed to boost exports after the European Union targeted Russian coal for additional sanctions Tuesday, leading one executive to say “this bodes extremely well” for domestic producers. Meanwhile, Central Appalachia coal prices heated up to a 13-year high of $106 a ton, the highest levels since 2008, while Illinois basin […]

US coal exports to reach 3-year high amid war in Ukraine: EIA

Pointing to supply disruptions amid Russia’s war in Ukraine, the Energy Information Administration April 12 revised upward their 2022 US coal export projections to three-year high 89 million st. The estimated volume is 4.5% higher than 2021 exports and the highest since 92.9 million st in 2019, according to the EIA’s April Short-Term Energy Outlook. […]

Hampton Roads coal exports reach 3-year high

Coal exports from Hampton Roads, Virginia, rose in February to the highest level in three years, reflecting strong demand for US coal amid tight international supply. The three terminals at the port loaded about 2.95mn short tons (2.68mn metric tonnes) of coal for export during the month, according to data collected by the Virginia Maritime […]

Russia-Ukraine war likely to bolster U.S. coal exports: Analysis

U.S. railroads are hauling more coal this year, and coal analysts say international demand is likely to strengthen U.S. coal exports in part to the ongoing conflict in Ukraine. The Energy Information Administration’s latest outlook expects U.S. coal production to rise 4% in 2022 to 604 million short tons. It anticipates the U.S. will export […]

Rystad Energy: Coal prices soar to 200 year high

Coal prices are soaring, hitting US$462/t on 10 March, up from US$186/t on 23 February and likely to pass US$500/t this year, Rystad Energy research suggests. While most of Europe and the wider world have focused on how Russia’s war in Ukraine has impacted oil, gas and, more recently, nickel prices, relatively little has been […]