Coal news and updates

Coal carriers remained moored Aug. 30 in the New Orleans region as Hurricane Ida forced closures of vulnerable rail, barge and port operations.

 

Damage assessments and channel surveys were underway in the afternoon but expected to take one to two days to complete."Everything is still shut down. It's a disaster," a Gulf Coast-based shipping source said. "There's no communication. Communications are down."

 

S&P Global Platts' multiple phone calls to various ports in the area were unsuccessful due to network outages.

 

"We don't have any updates as of now on the condition of the terminal and the impact to Hurricane Ida as all the roads are blocked and phones are not working either down in the Gulf region," a Mississippi River coal source said. "We secured the terminal and equipment as well as possible before the storm hit."

 

Source : https://www.spglobal.com/platts/en/market-insights/latest-news/coal/083021-nola-coal-shipments-on-pause-due-to-ida-rail-port-closures