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Port of Virginia lifts Florence-induced halt on coal shipments

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World Coal,


The devestation left in the trail of Hurricane Florence in the southeastern US states last week led to the closure of the Virginia Capes Shipping Channel for several days.

According to one source, all coal vessels at terminals in the Hampton Roads region were cleared out last Monday ahead of the mandatory halt issued by the Port of Virginia on Wednesday.

A delay to metallurgical coal exports means upwards pressure on prices. Between April and June, coal exports from the Hampton Roads region averaged 2.9 million t/month. As estimated by one source, a week’s delay could amount to 0.74 million t of coal shipment stuck at port.

Having been closed since last Tuesday at 11.59 pm EDT, the Virginia Capes shipping channel was reopened on Saturday.

Read the article online at: https://www.worldcoal.com/coal/17092018/port-of-virginia-lifts-florence-induced-halt-on-coal-shipments-due-to-hurricane-florence/

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