Coal exports from Hampton Roads, Virginia, continue to climb in February

7 Mar 2017   Coal, USA

Coal exports from terminals in Virginia’s Hampton Roads region totaled 2.8 million st in February, up 8.2% from the prior month and up 50.7% from the year-ago month, according to export data released Monday by the Virginia Maritime Association. It was the highest monthly total since March 2015, and the fifth straight month of higher exports, as higher seaborne prices increased demand for US thermal and metallurgical coals . At the three individual terminals in Hampton Roads, Lambert’s Point, also known as Pier 6, exported 1.16 million st in February, up 0.5% from January and up 23.5% from last year. It was the also highest monthly total for the Norfolk, Virginia, terminal — which is owned and operated by Norfolk Southern — since March 2015. Article continues below… Platts Coal Trader provides the latest prices for key benchmark coals, as well as: Daily pricing for tons and allowances for […]

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