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Home » Baltimore Port Closure Means 35% Drop in April U.S. Coal Exports

Baltimore Port Closure Means 35% Drop in April U.S. Coal Exports

Containers and cranes along the water at the Port of Baltimore

Photo: iStock / halbergman

April 10, 2024
Bloomberg

Closure of the Port of Baltimore — America’s second-biggest hub for coal — has choked exports of the fossil fuel, with flows expected to plunge 35% in April.

Exports will slump 6.3% for the year, according to U.S. Energy Department figures released on April 9. In March, the agency was predicting shipments of the dirtiest fossil fuel would be 100.8 million tons, but now expects 94.5 million tons.

Exports have been increasing in recent years as domestic utilities shift to cleaner fuels, making international markets increasingly important for U.S. miners. Baltimore accounted for about 28% of U.S. exports in 2023.

“We expect U.S. coal exports to recover toward the end of the summer or early fall, but there is significant uncertainty based on the timeline for the port reopening,” energy information administrator Joe DeCarolis said in a statement.

The harbor remains closed after a massive cargo ship crashed into a critical bridge last month, blocking ship traffic. The port could reopen for normal operations by the end of May after a limited-access channel is cleared. 

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