Coal transport: Eastern rail rates mixed

Coal transport: Eastern rail rates mixed

Rail rates to US east coast export terminals rose this month as some buyers reentered global markets, while domestic rates dropped as utility demand remained limited. The rate to ship coal from the Pittsburgh Seam and Central Appalachia to export terminals rose by 15¢/short ton to $29.75/st and $35.75/st, respectively, compared with May assessments. Rising […]

Hampton Roads coal exports rise again

Coal exports out of Hampton Roads, Virginia, rose from year-earlier levels for the sixth consecutive month in May as volumes from one of the region’s three coal terminals hit an 11-month high. Terminals at the port of Hampton Roads — one of the largest coal export ports in the US — handled an estimated 2.96mn […]

US west coast ports, union reach tentative deal

A union representing thousand of workers at US west coast ports has reached a tentative labor deal with port operators, which could resolve some slowdowns in the movement of goods in the region. The International Longshore and Warehouse Union (ILWU) and the Pacific Maritime Association (PMA) reached a tentative agreement late yesterday for a six-year […]

Hampton Roads coal exports extend gains in April

Coal exports out of Hampton Roads, Virginia, rose from year-earlier levels for a fourth straight month in April. The three coal terminals in the region handled an estimated 2.71mn short tons (2.46mn metric tonnes) during the month, up from just under 2.5mn st in April 2022, the Virginia Maritime Association said. Shipments from Hampton Roads […]

Hampton Roads coal exports extend year-on-year gains

Coal exports out of Hampton Roads, Virginia, rose from year-earlier levels for a fourth consecutive month in March. Terminals in the region handled 2.94mn short tons (2.67mn metric tonnes) of coal during the month, according to the Virginia Maritime Association. That was up from 2.89mn st in March 2022, when shipments were just starting to […]

Hampton Roads coal exports reach 4-year high

Coal exports from Hampton Roads, Virginia, reached their highest level in nearly four years in February as some rail shipments accelerated and European demand increased. The terminals at the port loaded 3.07mn short tons (st) (2.79mn metric tonnes) of coal last month, up by nearly 4pc from the prior year’s levels, according to Virginia Maritime […]

Hampton Roads coal exports inched up in December

Coal exports out of Hampton Roads, Virginia, inched above year-earlier levels for the first time in three months in December. Terminals in the port district handled 2.38mn short tons (2.16mn metric tonnes) of coal for export last month, which was 0.1pc more than in December 2021, data from the Virginia Maritime Association show. The slight […]

CONSOL Energy’s Winning Streak Could Continue In 2023

Summary CONSOL Energy Inc. is up more 200% in 2022 thanks to the unprecedented surge in the price of coal that has led to record earnings and cash. With coal demand expected to stay elevated in 2023 and CONSOL Energy looking to ramp up production next year, it is likely that its strong financial performance […]

European energy crisis could bolster Virginia coal exports

As much of Europe faces an energy crisis, some countries are shifting away from natural gas energy and toward coal energy, which could help bolster the Virginia economy through coal exports from the commonwealth’s ports. “With the energy issues in Europe, we anticipate Virginia’s coal exports will likely increase further, but so will Europe’s demand […]

US Hampton Roads coal exports inch higher

Coal exports out of Hampton Roads, Virginia, in September were slightly above year-earlier levels as one of the region’s terminals handled more coal. An estimated 2.66mn short tons (2.41mn metric tonnes) of coal were loaded for export at Hampton Roads last month, according to the Virginia Maritime Association. That was 3.6pc more than in the […]