CSX expects coal export growth despite accident

CSX expects coal export growth despite accident

Eastern US railroad CSX expects to haul slightly more coal for export 2024, despite recent disruptions caused by the collapse of the Francis Scott Key bridge in Baltimore, Maryland. CSX expects “solid momentum” for export coal shipments and for its merchandise and intermodal businesses, the railroad said today. The carrier anticipates low- to mid-single digit […]

US steam coal exports extend gains in February

US thermal coal exports rose from year-earlier levels for a sixth month with gains in shipments to some countries in Africa, Asia and Latin America continuing to outpace declines in volumes heading to Europe. Roughly 4.2mn short tons (3.8mn metric tonnes) of steam and anthracite coal moved out of the US to international customers during […]

Hampton Roads may have space for Baltimore coal exports

Terminals in Hampton Roads, Virginia, may have some available capacity to take rerouted coal shipments from Baltimore, Maryland, despite increasing exports from a year earlier for the seventh consecutive month in February. Coal loadings at Hampton Roads reached an estimated 3.31mn short tons (st) (3mn metric tonnes) last month, rising 7.8pc from February 2023, according […]

January US steam coal exports reach 3-month high

US thermal coal exports jumped in January to a three-month high, led by shipments headed to India, Morocco and South Korea soared. A total 4.47mn short tons (4.05mn metric tonnes) of steam coal and anthracite departed US ports in the first month of this year, up from 3.09mn st in the same month of 2023, […]

Baltimore’s Thermal Coal Exports Surge by 26.4% in 2023, Shifting US Port Dynamics

Throughout the year 2023, the United States experienced a significant and noteworthy surge in the exportation of thermal coal, registering a remarkable increase of 26.4%. The total volume of these thermal coal exports reached a substantial 44 million metric tons (mt), reflecting a transformative shift in the industry landscape. This surge in export activity played […]

Lamberts Point rail coal export volumes to rise: NS

Coal shipments to eastern US railroad Norfolk Southern’s (NS) Lamberts Point terminal in Hampton Roads, Virginia, should continue to be elevated for at least the early months of this year, driven by greater metallurgical coal volumes, a company executive said. This month “will be the biggest February we’ve had in 10 years,” Brad Yeatts, NS’ […]

Hampton Roads coal exports rise again in January

Coal exports out of Hampton Roads, Virginia, rose to their highest level in more than five years in January despite headwinds in some markets. Terminals in Hampton Roads loaded an estimated 3.45mn short tons (3.13mn metric tonnes) in January, according to the Virginia Maritime Association. That was the highest volume since October 2018 and a […]

US thermal coal exports hit 5-year highs and top $5 bln in 2023

United States exporters of thermal coal earned more than $5 billion in 2023 as they shipped out more than 32.5 million metric tons of the high-polluting power fuel, data from ship-tracking firm Kpler shows. The thermal coal export earnings were the second-highest since 2017, following 2022’s $5.7 billion. The total volumes were the highest since […]

US thermal coal exports jump 26.4% on year to 44 million mt in 2023: Census

HIGHLIGHTS Thermal coal exports to India more than double at 14.1 million mt Other top destinations are the Netherlands and South Korea Aggregate met and thermal exports are 17.7% higher than 2022 The US exported 44 million mt of thermal coal in 2023, up 26.4% from 2022, according to US Census Bureau data released Feb. […]

US thermal coal exports extend gains in December

US thermal coal exports rose from year-earlier levels for a fourth consecutive month in December, bringing the country’s international steam coal shipments for 2023 as a whole to their highest level in five years. Volumes during the month climbed to 4.27mn short tons (3.88mn metric tonnes) from 3.4mn st in December 2022, according to preliminary […]