by William Lafferty » March 27, 2024, 1:41 pm
Sure. But I imagine the bridge wreckage will be quickly removed to provide a channel out of the Tidewater coal facilities and have no real effect on worldwide inventories. The largest coal importers are China and India which between them import around 700 million tons a year. India, by the way, imports the most American coal worldwide. If there is a supply chain glitch in American exports because of the Baltimore tragedy, I am sure Indonesia and Australia will be more than happy to increase production, while the importers, I am sure, would not be too pleased with adding costly trips through the Seaway and then either the Panama Canal or a long eastward trek. If coal were to be sent from the Great Lakes, it would undoubtedly be in foreign bottoms, but I really doubt that will happen.
Sure. But I imagine the bridge wreckage will be quickly removed to provide a channel out of the Tidewater coal facilities and have no real effect on worldwide inventories. The largest coal importers are China and India which between them import around 700 million tons a year. India, by the way, imports the most American coal worldwide. If there is a supply chain glitch in American exports because of the Baltimore tragedy, I am sure Indonesia and Australia will be more than happy to increase production, while the importers, I am sure, would not be too pleased with adding costly trips through the Seaway and then either the Panama Canal or a long eastward trek. If coal were to be sent from the Great Lakes, it would undoubtedly be in foreign bottoms, but I really doubt that will happen.