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, andrew_moore@platts.com
--Edited by Katharine Fraser, katharine_fraser@platts.com