CONSOL Energy rises as coal shipments resume from its marine terminal

Core Natural Resources

21/05/2024 15:14

**  Shares of coal producer CONSOL Energy  CEIX.N  up 1.1%
at $94.98
    ** Co says coal shipments to international markets began
leaving its marine terminal in Baltimore last night
    ** Says this is after a shutdown of the terminal due to the
collapse of a bridge on March 26
    ** "While we are still limited in terms of size of ships and
night-time departures, we are hopeful to resume normal
operations as soon as possible." says CEO Jimmy Brock
    ** CEIX adds that first shipment leaving the terminal was
about 56,000 net tons, compared to traditional shipments of
about 140,000 net tons in larger vessels
    ** Up to last close, shares down 6.6% YTD

 (Reporting by Tanay Dhumal in Bengaluru)
 ((Tanay.Dhumal@thomsonreuters.com; 
Twitter: https://twitter.com/TanayDhumal))