Value of Australia’s coal exports hit record high $44.21 bil in 2017: industry

The value of Australia’s coal exports hit a record high A$56.5 billion ($44.21 billion) in 2017, topping the previous record set in 2011 of A$46.7 billion, the Minerals Council of Australia said Wednesday. “Historically coal has been Australia’s biggest export earner and these trade numbers confirm its ongoing strength and significant contribution to the economy,” […]

Port of South Louisiana Posts Record Tonnage Numbers

The Port of South Louisiana may not be the busiest container port in the U.S., but it is easily the nation’s busiest by tonnage. The port ranks above the ports of Houston, New York/New Jersey, New Orleans, Beaumont, Corpus Christi, Long Beach, Greater Baton Rouge, Los Angeles, and Mobile for sheer weight of cargo handling. […]

Mid-Atlantic Ports Benefit from 2017 Coal Export Revival

Nearly 20 ships were anchored off Cape Charles early last week — most, if not all, of them colliers waiting to pick up coal destined for ports all over the world. Just a couple of years ago, you might have seen only a few vessels at a time in the same location. Not anymore. They’re […]

Hampton Roads Ports Benefiting From the 2017 Coal-Export Revival

Nearly 20 ships were anchored off Cape Charles early last week, most if not all of them colliers waiting to pick up coal destined for ports all over the world. Just a couple of years ago, you might have seen only a few vessels at a time in the same location. Not any more. They’re […]

Cloud Peak Energy Signs Long-Term Coal Export Agreement with JERA Trading to Supply New Japanese Power Plant

Cloud Peak Energy announced today that its wholly-owned subsidiary, Cloud Peak Energy Logistics (“CPEL”), has entered into a term coal export sales agreement with JERA Trading Pte Ltd. (“JERAT”), which is a trading company based in Singapore (http://jeratrading.com/). Shipments are expected to commence as early as the end of 2019 and continue for a period […]

David McKinley: A Coal Resurgence in Just a Year

What a difference President Donald Trump has made in just 12 months. The restraining yoke of liberal policies instituted under former President Barack Obama has been lifted. This has resulted in 1.5 million jobs being created, pension funds stabilized, record low unemployment rates and our economy has grown at almost double the rate it did […]

With Coal Consumption Down, Production Ticks Up from Some Appalachian Mines

While the United States burned less coal in 2017 than it had in three decades, an uptick in global demand for Appalachia’s metallurgical coal — used in the steelmaking process — helped boost production this past year, according to a new analysis by an economic research firm. Coal production rose 6 percent across the United […]