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Stock impact report

Baltimore bridge collapse halts coal shipments [Reuters]

CONSOL Energy Inc. (CEIX) 
Last consol energy inc. earnings: 2/11 06:45 am Check Earnings Report
US:NYSE Investor Relations: investors.consolenergy.com
Company Research Source: Reuters
Rail company CSX (CSX.O) , opens new tab on Tuesday said its existing coal customers should expect "potential shipment delays" after the accident, for which the U.S. Coast Guard is still conducting search and rescue operations. CSX owns the Curtis Bay coal pier in Baltimore, located near the site of the collapse of the Francis Scott Key Bridge , which CSX plans to keep operational for now as it continues to "assess the circumstances," the company told Reuters in a statement. CSX said it currently has capacity to dispatch additional trains to CSX-served coal terminals in Baltimore before it reaches pile space limits. Coal producer CONSOL Energy (CEIX.N) , opens new tab , which has a marine export terminal in the Port of Baltimore, also said that vessel access in and out of its terminal was also delayed. During the first nine months of 2023, Baltimore was the second biggest port for U.S. coal exports, behind Norfolk, Virginia, according to the latest data from the U.S. Energy I Show less Read more
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