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What are the energy impacts from the Port of Baltimore closure?

From eia.gov

The collapse of the Francis Scott Key Bridge into the Patapsco River on March 26 has temporarily halted all shipping traffic from the Port of Baltimore. In this article, we examine implications for energy-related trade. The port is the second-largest exporting hub for coal in the United States, accounting for 28% of total coal exports in 2023, according to Census Bureau data. It is second only to Norfolk, Virgina, also known as Hampton Roads. How much coal moves through the Port of Baltimore? In three of the past five years, annual coal exports from the Port of Baltimore totaled around 20 million short tons, with the ... (full story)

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  • Category: Fundamental Analysis