Japanese bulker transports record US coal cargo to China

US coal exports to China reach new high.
US coal exports to China reach new high.

Chinese preference for coal from US rather than Australia results in record shipment, top miner claims.

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According to Australian-listed Coronado Global Resources Inc., Nisen Kaiun has loaded the biggest-ever coal cargo from a US east coast port. Kaiun’s 181,400-dwt Frontier Unity left Newport News, Virginia, laden with 136,000 tonnes bound for China.

“As a critical global supplier of metallurgical coal, our geographic diversification continues to benefit us as the Chinese import restrictions on Australian coal continue,” Gerry Spindler, Coronado’s chief executive, said in a recent presentation.

“Our US operations continue to successfully move coal into China at record levels.”

According to Banchero Costa’s Singapore-based head of research Ralph Leszczynski, coal shipments from the US to China are surging because of a Chinese ban on Australian coal imports, with the US shipping 6.3m tonnes of coal to China in the first six months of 2021.

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