https://www.miningweekly.com
Coal|Construction|Container|Energy|Export|Ports
Coal|Construction|Container|Energy|Export|Ports
coal|construction|container|energy|export|ports

Stranded coal ship leaves Port of Baltimore amid work to clear main channel

13th May 2024

By: Reuters

  

Font size: - +

LOS ANGELES - A coal ship stranded at the Port of Baltimore set sail for Singapore this week as crews work to remove the Dali container ship that crashed into the Francis Scott Key Bridge, causing it to collapse and block access to the port.

The Liberian-flagged JY River exited the port via a temporary channel on Thursday, according to LSEG data and a source familiar with the ship's movements.

The ship was stuck at the port after the March 26 bridge collapse that killed six construction workers and halted traffic to the trade hub that accounted for 28% of U.S. coal exports last year.

Based on updated export data, success rerouting coal shipments to alternate ports and progress resuming trade via Baltimore, the US Energy Information Administration (EIA) on Tuesday revised its 2024 coal export forecast up from its worst-case scenario outlook issued last month, said Jonathan Church, an agency economist specialising in coal.

The May EIA forecast calls for 2024 coal exports to fall 1.1% versus 2023, Church said. In early April, the agency forecast a 5.3% decline, he said.

The EIA's March outlook, issued before the bridge collapse, called for growth of about 1% this year.

The bridge collapse "will be mainly a short-term impact in April, May and some of the summer months as bottlenecks clear," Church said.

Meanwhile, the Portuguese-flagged Klara Oldendorff, another coal carrier stranded by the bridge collapse, remains moored at the Baltimore port, according to LSEG data.

Edited by Reuters

Comments

Showroom

Actom image
Actom

Your one-stop global energy-solution partner

VISIT SHOWROOM 
SMS group
SMS group

At SMS group, we have made it our mission to create a carbon-neutral and sustainable metals industry.

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Magazine round up | 10 May 2024
Magazine round up | 17 May 2024
17th May 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.157 0.195s - 107pq - 2rq
1:
1: United States
Subscribe Now
2: United States
2: