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Hurricane Florence Temporarily Idles Coal Export Terminals on U.S. Eastern Coast

Hurricane Florence Temporarily Idles Coal Export Terminals on U.S. Eastern Coast

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Industry Segment: Metals & Minerals | Word Count: 560 Words
Attachment: Hurricane Florence, 9-14-18

SUGAR LAND--September 17, 2018--Researched by Industrial Info Resources (Sugar Land, Texas)--The U.S. Mid-Atlantic region already has endured more weather-related devastation than it has seen in years after Hurricane Florence made landfall on the Carolina coast early Friday, and comparisons with Hurricane Harvey's effect on the Texas Gulf Coast last year are multiplying. But there's at least one major difference: The effect on gas supplies and prices have been minimal, as no refineries have been shuttered due to Florence. But coal terminals, which are more plentiful (and influential) in the area, are another story.

Within this article: How Florence has affected industrial facilities in the Carolinas and Virginia.

Companies featured: Norfolk Southern Corporation (NYSE:NSC), Kinder Morgan Incorporated (NYSE:KMI), Seaport Global Securities LLC, North Carolina Electric Membership Corporation and Duke Energy Corporation (NYSE:DUK).

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