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Coal-carrying vessels departing US ports total 73, down 21.5% on week: cFlow

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Coal-carrying vessels departing US ports total 73, down 21.5% on week: cFlow

Houston — Coal-carrying vessels from departing from US ports totaled 73 in the week ended April 27, down 21.5% from the previous week and down 48.5% from the year-ago week, Platts cFlow trade-flow data showed this week.

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The drop was largely driven by US Gulf Coast ports, which had 32 departures, 11 fewer compared with the week before.

Off Atlantic Coast ports, coal-carrier departures totaled 26, down 7 from the prior week, and a total of 15 departed from West Coast ports, compared with 17 a week earlier.

Compared with the year-ago week, vessels departing from the Gulf Coast were down 51.5%, from the Atlantic down 53.6% and from the West Coast down 25%.

The top three regional destinations in the most recently ended week were North Asia, with 21 coal-carrier arrivals, and the Mediterranean and North Asia, both with 13 arrivals. In the year-ago week, the top destinations were the North Atlantic, with 21 arrivals, the Mediterranean, with 15, and North Asia and the UK and Continent, both with 14 arrivals.

-- Olivia Kalb, olivia.kalb@spglobal.com

-- Edited by Derek Sands, newsdesk@spglobal.com