Tag: coal

In this week’s “Shipping Number of the Week” from BIMCO, Shipping Analyst, Filipe Gouveia, examines the drop in coal shipments to advanced economies.

U.S. exports of thermal coal to Asia and Africa surged in the first half of 2024, helping to drive overall U.S. coal exports (thermal and metallurgical) to 53 million short tons (MMst) from 49 MMst in the first half of 2023.

In this week’s “Shipping Number of the Week”, BIMCO's Shipping Analyst, Filipe Gouveia, examines the rise in coal shipments to India, the world’s second largest importer of coal.

According to Reuters, CSX is set to resume normal coal export operations at the Port of Baltimore this week, as confirmed by the railroad’s CEO.

In this week’s “Shipping Number of the Week” from BIMCO, Shipping Analyst, Filipe Gouveia, examines the slowing growth in electricity generation from fossil fuels in China and the jump in generation from renewables. The development will impact steam coal shipments into China. 

According to Mitsui O.S.K. Lines (MOL), the Shofu Maru coal carrier equipped with the Wind Challenger hard sail wind propulsion system, has confirmed that the vessel achieved daily fuel savings of up to 17% and average voyage savings of 5 to 8%.

NorthStandard P&I club warns against the dangers of loading coal cargoes with temperatures in excess of 55°C, after noticing many instances, with Indonesia being a particular hot spot.

As the US Energy Information Administration (EIA) explains, the collapse of the Francis Scott Key Bridge has disrupted shipping traffic from the Port of Baltimore, the second-largest coal exporting hub in the U.S., accounting for 28% of total coal exports in 2023.

The US Coast Guard has reported a fire on the Great Lakes' most aged cargo vessel, the "CUYAHOGA," which, at 81 years old, remains ablaze.

Recently, a bulk cargo vessel carrying coal from South Africa to Singapore suffered a fatal accident, resulting in the deaths of three crew members who were found in a full cargo hold. In this article, Jia Hong Liu, Assistant Vice President, Technical Manager at Skuld P&I Club addresses the risks posed by coal cargoes and highlights lessons learned for the accident.