US GC CMT take-or-pay shortfall rises dramatically

摘要

SunCoke Energy’s third-quarter take-or-pay shortfall tons at its Convent Marine Terminal (CMT) – a measure of how much United States Gulf Coast (USGC) export volume was not shipped under customers’ throughput requirements contracts – rose in the third quarter to more than 1.7 mst (short tons) from a mere 42,000 st a year ago. It’s a testament to how weak export thermal markets have become, especially for USGC-exported Illinois Basin (ILB) coal, CMT’s primary service segment.