US coal exports up at Hampton Roads in January
Washington (Platts)--11Feb2013/432 pm EST/2132 GMT
Coal exports increased in January at two of the three piers at the
Hampton Roads port complex in Virginia, according to monthly figures released
Monday by the Virginia Maritime Association.
The three piers combined to export 4,298,131 short tons in the month
compared with 3,956,618 st in January 2012, an 8.6% increase.
Newport News, Virginia-based Dominion Terminal Associates, which is
jointly owned by Peabody Energy, Alpha Natural Resources and Arch Coal, had
the biggest year-on-year gain, exporting 1,302,726 st in January compared
with 874,465 st in January 2011, a 49% increase.
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Kinder Morgan, which owns and operates the Pier IX terminal, also in
Newport News, exported 1,597,899 st in January compared with 1,408,783 st
in the year-ago month, a 13.4% increase.
Exports were down on a monthly basis for Norfolk Southern, the Norfolk,
Virginia-based Class I railroad, which owns the Lambert's Point Terminal
(also known as Pier 6) in Norfolk. January exports totaled 1,397,506 st
compared with 1,673,370 st in the same month a year ago, a 16.4% decline.
--Andrew Moore, email@example.com
--Edited by Katharine Fraser, firstname.lastname@example.org