Paralyzed transport visitors on the Port of Baltimore will sluggish progress of U.S. coal exports and scale back the usage of bunker gas, the Power Data Administration (EIA) said on Thursday.
The collapse of Baltimore’s Francis Scott Key Bridge after it was hit by a container ship early Tuesday morning blocked the second-biggest port for U.S. coal exports. Transportation officers have mentioned it’s too quickly to say low it should take to reopen the port or change the bridge.
“Because the port is a serious transit level for freight and bulk vessels, we count on bunker gas consumption to lower,” the EIA mentioned.
Baltimore final 12 months processed exports of 28 million quick tons, or 28% of whole U.S. coal exports and second solely to the Hampton Roads port in Norfolk, Virginia, in keeping with census knowledge.
“A gorgeous characteristic of the Port of Baltimore is its proximity to the northern Appalachia coal fields in western Pennsylvania and northern West Virginia,” in keeping with the EIA. “Different close by ports, most notably Hampton Roads, have extra capability to export coal, though components together with coal high quality, pricing, and scheduling will have an effect on how simply firms can change to exporting from one other port.”
About 19 million quick tons of the exports final 12 months consisted of steam coal, which is used to generate energy and heating. One other 9 million quick tons have been made up of metallurgical coal, which steelmakers use.
The highest vacation spot for steam coal up to now 5 years was India, the place the brickmaking business is a serious buyer. Metallurgical coal was shipped to Asian international locations similar to Japan, China and South Korea, the EIA mentioned.
Baltimore final 12 months additionally imported 3,000 barrels a day of biodiesel, largely from Central America and Western Europe, alongside 4,000 barrels of day of asphalt from Canada and a couple of,000 barrels a day of urea ammonium nitrate, largely from Russia.
The blocked port has much less of an impact on the extra broadly used refined oil merchandise, the EIA mentioned.
Paralyzed transport visitors on the Port of Baltimore will sluggish progress of U.S. coal exports and scale back the usage of bunker gas, the Power Data Administration (EIA) said on Thursday.
The collapse of Baltimore’s Francis Scott Key Bridge after it was hit by a container ship early Tuesday morning blocked the second-biggest port for U.S. coal exports. Transportation officers have mentioned it’s too quickly to say low it should take to reopen the port or change the bridge.
“Because the port is a serious transit level for freight and bulk vessels, we count on bunker gas consumption to lower,” the EIA mentioned.
Baltimore final 12 months processed exports of 28 million quick tons, or 28% of whole U.S. coal exports and second solely to the Hampton Roads port in Norfolk, Virginia, in keeping with census knowledge.
“A gorgeous characteristic of the Port of Baltimore is its proximity to the northern Appalachia coal fields in western Pennsylvania and northern West Virginia,” in keeping with the EIA. “Different close by ports, most notably Hampton Roads, have extra capability to export coal, though components together with coal high quality, pricing, and scheduling will have an effect on how simply firms can change to exporting from one other port.”
About 19 million quick tons of the exports final 12 months consisted of steam coal, which is used to generate energy and heating. One other 9 million quick tons have been made up of metallurgical coal, which steelmakers use.
The highest vacation spot for steam coal up to now 5 years was India, the place the brickmaking business is a serious buyer. Metallurgical coal was shipped to Asian international locations similar to Japan, China and South Korea, the EIA mentioned.
Baltimore final 12 months additionally imported 3,000 barrels a day of biodiesel, largely from Central America and Western Europe, alongside 4,000 barrels of day of asphalt from Canada and a couple of,000 barrels a day of urea ammonium nitrate, largely from Russia.
The blocked port has much less of an impact on the extra broadly used refined oil merchandise, the EIA mentioned.