Coal news and updates

Access for large vessels into Baltimore Harbor is improving as salvage operations continue following the March collapse of the Francis Scott Key Bridge, Dow Jones reported Wednesday.

Coal activities at CSX's (CSX) Curtis Bay Piers and the Consol Marine Terminal (NYSE:CEIX) are expected to ramp up quickly, ahead of the end-of-month timeline that had been announced, according to the report.

The two vessels that were stranded at the piers reportedly have now sailed, and aggressive loading schedules for both ports are expected to follow, including five vessels at Curtis Bay and eight vessels at Consol (CEIX), all planned to load and set sail before the end of May.

The shipping companies cautioned that schedules are subject to change given the unknowns in the salvage operations.

Part of the collapsed bridge was deliberately destroyed earlier this week in a controlled demolition, clearing the way for the eventual full return of shipping through one of the busiest U.S. sea routes.

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