Lamberts Point to restart after breakdowns

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Wed, Dec 30, 2009

Coal Market News
Post by Researcher , Coal Researcher

On Wednesday, it was reported that Norfolk Southern Corp’s (NSC.N) Lamberts Point coal export terminal is expected to be back in full operation by Friday, after two conveyor belt failures halted loadings last weekend.

The press release is quoted as saying:

Norfolk Southern lists Lamberts Point’s maximum coal-loading capacity as 42 million tons annually. The U.S. coal industry produces a bit more than 1 billion tons of coal a year, with 4 percent to 8 percent of that exported.

Click here to access the entire press release

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