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Gulf Coast Coal Terminal Operators Embrace US Coal Shippers Rejected by West
Bloomberg reported that west coast coal shippers are looking for other opportunities to access the market. East coast coal terminal operators are ready to welcome new business, especially in light of recent investments in their facilities.
Bloomberg reported that west coast coal shippers are looking for other opportunities to access the market. East coast coal terminal operators are ready to welcome new business, especially in light of recent investments in their facilities.
As quoted in the article:
When it comes to exporting American coal, the West Coast’s loss is the Gulf Coast’s gain.
While environmental opposition has stymied plans to build terminals in California and the Pacific Northwest, the Mississippi River town of Darrow, Louisiana, has a new $300 million export facility. It’s part of a regional expansion that will increase capacity by 66 percent to 119 million metric tons by 2017, or more than half the national total, according to New York-based Doyle Trading Consultants LLC.
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