Published 1 month ago

Port of Baltimore closure shuts down No. 2 US coal export hub

Summary by Ground News

The closure of the Port of Baltimore due to the collapse of the Francis Scott Key Bridge could have major implications for coal exports, according to the U.S. Energy Information Administration (EIA).

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Reuters

Baltimore port closure could dent US coal export volumes, EIA says

1 month ago·United Kingdom

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CBC News

Baltimore bridge collapse threatens to disrupt supplies, from cars to coal

The collapse of a major bridge in Baltimore brought traffic at the city's port to a stop on Tuesday, immobilizing a critical shipping hub on the east coast of the United States.

1 month ago·Canada

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The Hill

Port of Baltimore closure shuts down No. 2 US coal export hub

The closure of the Port of Baltimore due to the collapse of the Francis Scott Key Bridge could have major implications for coal exports, according to the U.S. Energy Information Administration (EIA). The bridge collapsed into the Patapsco River on Tuesday after it was struck by a container ship, leading to a temporary shutdown of the port.…

1 month ago·Washington, United States

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TASS [🇷🇺-affiliated]

Bridge collapse in Baltimore to affect US coal exports

Baltimore is the second-largest coal export hub in the US, accounting for 28% of the country’s total coal exports in 2023

1 month ago·Moscow, Russian Federation

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Benzinga

Baltimore Port Shutdown Triggers Coal Price Hike: Energy Information Administration Warns Of Export Disruptions - Exchange Traded Concepts Trust Range Global Coal Index ETF (ARCA:COAL), CONSOL Energy (NYSE:CEIX)

Coal prices have risen in the past couple of days since the Port of Baltimore was closed following the collapse of the Francis Scott Key Bridge, cutting off many of the port’s facilities. The price of a ton of U.S. coal rose by 0.6% on Thursday to $113.25. Meanwhile, the Range Global Coal ETF (NYSE:COAL), which tracks several different miners of differing grades of coal, rose 0.7% to $22.81, and is up 2.7% over the last two trading sessions. Con…

1 month ago·New York, United States

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Bloomberg

Baltimore Bridge Collapse Will Likely Block Coal Exports for Weeks

The collapse of a major Baltimore bridge Tuesday is likely to shut down the port’s coal exports for as many as six weeks and block the transport of up to 2.5 million tons of coal, said Ernie Thrasher, chief executive officer of Xcoal Energy & Resources LLC.

1 month ago·United States

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