CSX maintains coal export growth forecast

CSX maintains coal export growth forecast

Eastern US railroad CSX still expects growth in its export coal volumes this year even after the disruptions that resulted from the Francis Scott Key bridge collapse in Baltimore, Maryland. Steady demand and strong operational flexibility will boost seaborne coal shipments this year, CSX said on 5 August. Intermodal and merchandise traffic are also expected […]

US thermal coal exports resume gains in May

US thermal coal exports in May rose by 16pc from year earlier as congestion eased from the Port of Baltimore’s temporary closing. Volumes rose to 4.53mn short tons (4.11mn metric tonnes) in May from a revised 3.91mn st a year earlier, according to data released Wednesday by the US Commerce Department. May was the first […]

EIA: US coal exports to rise 2.8% YoY in 2024

The US is expected to export a total of 102.6 million short tons of coal in 2024, higher by 2.8% compared with last year, the latest Short-Term Energy Outlook issued by the country’s Energy Information Administration (EIA) shows. This was adjusted up from an estimation of 98.7 million short tons for this year revealed in […]

Hampton Roads coal exports rise on rerouted volumes

Coal exports out of Hampton Roads, Virginia rose in April from year-earlier levels as shippers diverted volumes from Baltimore, Maryland,after a major bridge collapse there partially shut down harbor traffic. Hampton Roads’ terminals handled an estimated 3.56mn short tons (3.23mn metric tonnes) of coal during the month, up by 31pc from April 2023, the Virginia […]

US coal exports to rise, production declines

The U.S. Energy Information Administration revised its coal export forecast upwards, driven by stronger-than-expected February data and progress restoring access to the Port of Baltimore while coal- production declined in April. Metallurgical coal exports, primarily produced in Appalachia, were expected to reach 8 million short tons (MMst)in April and May despite concerns about the Port […]

US met coal suppliers bank on continued export growth supported by Asia steel output

US metallurgical coal exports have seen growth fueled by Asian demand over the past few years. The potential for seaborne volumes to grow hinge on expansions in blast furnace steelmaking and met coke production in India, China and Southeast Asia.With the projected economic expansion in emerging Asian markets, long-term steel demand is also anticipated on […]

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 […]

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, […]

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 […]