US Bridge Collapse May Block Export Of 2.5 Million Tonnes Of Coal For Weeks
NDTV
Plugging up a major coal hub threatens to disrupt global energy supply chains that have finally begun to work out the kinks left over from pandemic slowdowns.
The collapse of a major Baltimore bridge Tuesday is likely to shut down the port's coal exports for as many as six weeks and block the transport of up to 2.5 million tons of coal, said Ernie Thrasher, chief executive officer of Xcoal Energy & Resources LLC.
The US exported about 74 million tons of coal last year, with Baltimore the second-largest terminal for the commodity. Plugging up a major coal hub threatens to disrupt global energy supply chains that have finally begun to work out the kinks left over from pandemic slowdowns.
"You'll see some diversion to other ports but the other ports are pretty busy," said Thrasher at Xcoal, a Pennsylvania coal trading firm that works with several suppliers. "There's a limit on how much you can divert."
