Developing world using more coal, offsetting cuts elsewhere

A decrease in coal consumption in the developed world will be matched by an increase in the developing world, according to major energy outlooks. Between 2015 and 2040, the Energy Information Administration predicts a 90% increase in coal demand in India and 80% in other countries in non-OECD Asia. Africa, the Middle East and South […]

Hampton Roads coal exports well off April high

Coal exports out of Hampton Roads, Virginia, fell again in July, extending a slide that has pushed shipments out of that key port down 19pc from a four-year high set in April. The port’s terminals handled 3.43mn short tons (3.11 metric tonnes) of coal last month, down from 3.56mn st in June and from 4.26mn […]

U.S. coal producer Foresight increases 2018 export target

Foresight Energy today increased its 2018 export target by 21pc after a stronger than expected second quarter. The Illinois basin coal producer now expects to ship at least 8.5mn st (7.7mn metric tonnes) internationally this year, up from its previous projection of 6.5mn st. Foresight also increased the low end of its sales guidance for […]

U.S. coal exports again move higher in June: Census data

Houston — US coal exports totaled 9.2 million mt in June, up 5.1% from May and up 38.6% from the year-ago month, according to US Census data out Friday.   Relatively high seaborne prices for both metallurgical and thermal coal, in addition to a possible ban on petcoke in India, have opened the door for US […]

U.S. coal exports continue rise

US coal exports rose by 38pc on the year in June, marking the 20th straight month of gains for US producers shipping abroad. International coal shipments from the US totaled 10.1mn short tons (9.16mn metric tonnes) in the month, up from 7.3mn st in June 2017. That topped May’s 9.65mn st in exports, but was […]

United States : Daines Defends Montanas Right to Export Coal to Asia

U.S. Senators Steve Daines, John Barraso, Shelley Moore Capito and James Inhofe introduced a bill clearing the way for construction of the Millennium Bulk Terminal, which would create hundreds of Montana jobs by expanding trade opportunities for Montana coal. The legislation clarifies that Section 401 of the Clean Water Act cannot be used as a […]

Trump’s Making U.S. Coal Exports the Greatest They’ve Ever Been

High-energy-content fuel proving popular as prices jump U.S. climate critic India biggest importer of its coal U.S. exports of coal used by power stations are set to hit a record this year on increased global demand for the nation’s high-energy-content fuel. Steam-coal shipments will probably jump 58 percent to 58 million metric tons this year, […]

US coal producer Alliance’s sales rise on exports

US coal producer Alliance Resource Partners’ sales jumped by nearly 24pc in the second quarter on a surge in exports and better than expected domestic utility demand. Alliance sold 10.5mn short tons (9.5mn metric tonnes) of coal from April-June, up from 8.47mn st a year earlier, the company said. Alliance last quarter made agreements to […]

US coal exports may surge 60% in 2018 – analyst

US seaborne thermal coal exports could surge 60% this year amid a shortfall in global supply and healthy import demand, the director of consultancy Perret Associates told Montel. Guillaume Perret estimated the country’s coal exports could rise from 36.7m tonnes in 2017 to 58m tonnes this year and 60m tonnes in 2019. Citing a “structural […]