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Colombian 2015 thermal coal exports rise 7.6% to 80.64 million mt

Staff writer ▼ | January 12, 2016
Colombian thermal coal exports in 2015 increased 7.6% year on year to 80.644 million mt, according to data from Colombian shipping agent Deep Blue.
Colombian thermal coal
Energy   According to Deep Blue:
The main destinations for Colombian coal during the year were the Netherlands at 17.495 million mt, rising 11% year on year, Turkey (11.561 million mt, up 24%), the U.S. (6.356 million mt, up 17% and Brazil (6.121 million mt, up 13%).

The most significant drops came from the shipments to the UK, which totaled 4.187 million mt, down 32% year on year, and Chile, down 23% at 4.424 million mt.

In 2015, the Puerto Bolivar export terminal, owned by Colombia's largest thermal coal miner Cerrejon, shipped the most coal at 32.864 million mt, down 3.8% from 2014.

This was followed by Puerto Drummond, which shipped 27.756 million mt, up 27% year on year, and Puerto Nuevo, owned by Glencore's Prodeco, down 7% at 16.622 million mt.

Drummond's increase can be attributed to an export ban imposed on the company in the first quarter of 2014 after its direct loading port operations were in line with government regulations in time.

Third-party port Carbosan-Sociedad Portuaria de Santa Marta reported the highest volume of coal exports in 2015 at 3.443 million mt, almost tripling year on year.

Carbosan started shipping coal from Murray Energy's Colombian Natural Resources in February 2015, which would account for the increase.

Colombian thermal coal exports in December rose to a nine-month high of 7.763 million mt, up 9.9% from December 2014 and a 27% increase from November.

The country shipped a record monthly volume of 2.017 million mt to the Netherlands in December, up 12% year on year and 77% higher month on month.