Port of Baltimore

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The Port of Baltimore is a shipping port along the shores of the Patapsco River in Baltimore, Maryland. It sits in the center of the Washington/Baltimore Common Market, located in the Mid-Atlantic region of the U.S. east coast.

The port has two main coal terminals — CNX Marine Terminal in Dundalk and CSX Chesapeake Bay Coal Terminal.[1]

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Background

The port provides immediate access to the 6.8 million people in the Washington D.C. Baltimore region.[2] It was announced in August 2011 that the Port of Baltimore had moved up in national port rankings, up one spot for cargo tonnage and two spots for cargo value. The port transported 32.8 million tons of cargo worth $41.5 billion in 2010.[3]

Coal exports increase at Port of Baltimore

The port’s two main coal terminals — CNX Marine Terminal in Dundalk and CSX Chesapeake Bay Coal Terminal — handled over 8 million tonnes of coal from December 2010 through September 2010, compared with 3.5 million tonnes at the same point of 2009. The Maryland Port Administration’s reports that the port is on pace to double the 6 million tonnes of coal handled in Baltimore in all of 2009.[4]

It was reported in June 2011 that increased demand from China, India and other countries for high-priced metallurgic coal to fuel steel production was largely responsible for the coal export increase at the port. Additionally, shipments from Appalachian coal mines have helped Baltimore's port out of recession and into positive profit margins. Since the middle of 2010, exports of the fuel to the world's fastest-growing region have increased, in some months doubling the figures from the previous year.[5]

Records level of coal traveled through the Port of Baltimore in 2010. The port handled 13 million tonnes of coal, beating out the record set in 1981 by nearly 1 million tonnes. China received 25% of the coal, while the rest went to South Korea and the Netherlands.[6]

Articles and Resources

References

  1. "Coal shipments fueling business at Port of Baltimore" Scott Dance, Baltimore Business Journal, November 5, 2010.
  2. "Maryland Department of Transportation" Port of Baltimore, accessed June 14, 2011.
  3. "Port of Baltimore improves in national rankings" Scott Dance, Baltimore Business Journal, August 9, 2011.
  4. "Coal shipments fueling business at Port of Baltimore" Scott Dance, Baltimore Business Journal, November 5, 2010.
  5. "Coal exports through port booming" Michael Dresser, The Baltimore Sun, June 11, 2011.
  6. "Port of Baltimore sets record for coal, salt in 2010" Scott Dance, Baltimore Business Journal, November 7, 2011.

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