Baltimore’s Thermal Coal Exports Surge by 26.4% in 2023, Shifting US Port Dynamics

Throughout the year 2023, the United States experienced a significant and noteworthy surge in the exportation of thermal coal, registering a remarkable increase of 26.4%. The total volume of these thermal coal exports reached a substantial 44 million metric tons (mt), reflecting a transformative shift in the industry landscape. This surge in export activity played […]

Lamberts Point rail coal export volumes to rise: NS

Coal shipments to eastern US railroad Norfolk Southern’s (NS) Lamberts Point terminal in Hampton Roads, Virginia, should continue to be elevated for at least the early months of this year, driven by greater metallurgical coal volumes, a company executive said. This month “will be the biggest February we’ve had in 10 years,” Brad Yeatts, NS’ […]

Hampton Roads coal exports rise again in January

Coal exports out of Hampton Roads, Virginia, rose to their highest level in more than five years in January despite headwinds in some markets. Terminals in Hampton Roads loaded an estimated 3.45mn short tons (3.13mn metric tonnes) in January, according to the Virginia Maritime Association. That was the highest volume since October 2018 and a […]

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 […]

US thermal coal exports jump 26.4% on year to 44 million mt in 2023: Census

HIGHLIGHTS Thermal coal exports to India more than double at 14.1 million mt Other top destinations are the Netherlands and South Korea Aggregate met and thermal exports are 17.7% higher than 2022 The US exported 44 million mt of thermal coal in 2023, up 26.4% from 2022, according to US Census Bureau data released Feb. […]

US thermal coal exports extend gains in December

US thermal coal exports rose from year-earlier levels for a fourth consecutive month in December, bringing the country’s international steam coal shipments for 2023 as a whole to their highest level in five years. Volumes during the month climbed to 4.27mn short tons (3.88mn metric tonnes) from 3.4mn st in December 2022, according to preliminary […]

US Thermal Coal Exports Soar to Over $5 Billion, Achieving 5-Year Highs in 2023

In 2023, thermal coal exporters in the United States amassed over $5 billion in revenue, shipping out more than 32.5 million metric tons of this high-polluting power fuel. While these earnings represent the second-highest in the last six years, trailing behind the peak of $5.7 billion in 2022, the total volumes reached their zenith since […]

U.S. exports of steam coal reached 5-year high in 2023

Lower domestic coal consumption and higher demand in Asia pushed U.S. exports of thermal coal in 2023 to the highest level since 2018, Reuters reported on Thursday, quoting data from ship-tracking firm Kpler. The United States exported last year more than 32.5 million metric tons of thermal – or steam – coal, used primarily in electricity generation, […]

US thermal coal exports hit 5-year highs and top $5 billion 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 2018 […]

US exports more coal as domestic demand shrinks

Exports are making up an increasing share of the demand for U.S. coal, as the nation’s power sector switches to natural gas and renewable energy, according to a recent analysis from the U.S. Energy Information Administration. The agency’s short-term outlook projects that U.S. domestic coal consumption this year will be 482 million short tons (one […]