US thermal coal exports rise to 4-month high

US thermal coal exports rise to 4-month high

US thermal coal exports rose from year-earlier levels for the first time in four months in August, led by a gain in bituminous coal shipments to Europe. A total 3.46mn short tons (3.17mn metric tonnes) of steam coal departed US port districts in August, up from 3.3mn st a year earlier, US Commerce Department data […]

A low Mississippi River is about to deepen Europe’s energy crisis

The Mississippi River is a vital U.S. waterway that ferries key commodities between the heart of America and the Gulf Coast—and drought is putting waterborne trade in jeopardy. Drought depleted river levels so much that in some spots vessels are getting stuck. One shipping company said low water levels are causing severe impacts to navigation not seen […]

Hampton Roads coal exports rose again in August

Coal exports from Hampton Roads, Virginia, reached their third-highest level this year in August as some rail shipments accelerated and coal sellers filled orders made earlier in 2022. Terminals at the port loaded 2.91mn short tons (2.64mn metric tonnes) of coal last month, the Virginia Maritime Association estimates. That was 5pc lower than the 40-month […]

Increasing demand for US coal pushes workforce numbers up in Q2’22 — report

Total US coal production rose in the second quarter of 2022 compared to a year earlier, and a sustained rise in demand for the fuel used in domestic and power generation allowed companies to increase their worker head counts, S&P Global Market Intelligence reports. On a year-over-year basis, average employment rose 11.3% in the second […]

S&P report: U.S. coal production, employment rose in Q2

U.S. coal production rose in the second quarter compared to a year earlier, according to S&P Global market data. A sustained rise in demand for coal used in power generation also allowed companies to hire more workers. On a year-over-year basis, average employment rose 11.3% in the second quarter, and coal volumes improved about 2%, […]

Increasing demand for US coal pushes workforce numbers up in Q2’22 — report

Total US coal production rose in the second quarter of 2022 compared to a year earlier, and a sustained rise in demand for the fuel used in domestic and power generation allowed companies to increase their worker head counts, S&P Global Market Intelligence reports. On a year-over-year basis, average employment rose 11.3% in the second […]

Hampton Roads has busiest coal export month in 3 years

Coal exports out of Hampton Roads, Virginia, reached their highest level in more than three years in July, driven by strong international demand for US steam and metallurgical coals amid a global shortage of supply. Shipments last month totaled 3.05mn short tons (2.77mn metric tonnes), up by 24pc compared with 2.46mn st handled in July […]

US Coal Exports Rise in Q2’22 Amid Global Energy Crisis

U.S. coal exports rose in the second quarter as demand and prices remained elevated amid a global energy crisis. Shipment volumes increased 14.8% quarter over quarter to 21.6 million tonnes and climbed 4.6% year over year, according to S&P Global Market Intelligence data. The global coal market has become tight as several countries shunned supplies […]