CT, Any adjustment insight on the Baltimore port closure since it is the 2nd largest coal export hub .
Today’s fluctuations did not made sense except for Consol who uses that port and was down a lot
IMHO, temporarily a little dent in coal deliveries but with everybody having a beautiful pile of coal already in their backyard, this will only temporarily affect the size —assuming a few weeks disruption until the shipping lane has been cleared (duration of rebuilding that bridge is irrelevant)
And Consol dumping their coal domestically, how can they do that if they still have their overseas delivery contracts to fulfill once the shipping lane has been cleared?
Coal Trader, any thoughts on Elliott leaving the BTU board and if that implies re their overhang / might be a catalyst?
CT, Any adjustment insight on the Baltimore port closure since it is the 2nd largest coal export hub .
Today’s fluctuations did not made sense except for Consol who uses that port and was down a lot
IMHO, temporarily a little dent in coal deliveries but with everybody having a beautiful pile of coal already in their backyard, this will only temporarily affect the size —assuming a few weeks disruption until the shipping lane has been cleared (duration of rebuilding that bridge is irrelevant)
And Consol dumping their coal domestically, how can they do that if they still have their overseas delivery contracts to fulfill once the shipping lane has been cleared?
Happy vacation bud, have some rest.