United Bulk Terminals lifts force majeures

United Bulk Terminals lifts force majeures

Dual force majeures at United Bulk Terminals (UBT) in Davant, Louisiana, are ending following repairs to damages sustained in a November fire. The first force majeure was lifted on Tuesday, after nearly two months, following repairs to the facility’s primary barge unloader that give the terminal multiple ways to unload vessels, terminal owner and operator […]

Hampton Roads coal exports reach 5-year high

Coal exports out of Hampton Roads, Virginia, ended 2023 at their highest level in almost five years. Terminals in Hampton Roads loaded an estimated 3.29mn short tons (2.98mn metric tonnes) in December 2023, the most since January 2019, the Virginia Maritime Association said. Shipments for 2023 as a whole climbed to a five-year high of […]

Global coal exports and power generation hit new highs in 2023

Worldwide electricity generation from coal hit record highs in 2023, while thermal coal exports surpassed 1 billion metric tons for the first time as coal’s use in power systems continues to grow despite widespread efforts to cut back on fossil fuels.Coal-fired electricity generation was 8,295 terawatt hours (TWh) through October, up 1% from the same […]

US thermal coal exports extend gains in November

US thermal coal exports rose from year-earlier levels for a third consecutive month in November, keeping 2023 shipments on track for a five-year high. A total of 4.04mn short tons (3.67mn metric tonnes) of steam coal was shipped from US ports to customers in other countries during the month, up from 3.33mn st in November […]