Some industry analysts are questioning earlier assumptions about increased Chinese demand for imported coal — a demand that is the basis of SSA Marine’s plan for the Gateway Pacific Terminal coal and bulk cargo export pier at Cherry Point in Whatcom County.
In this report from the Financial Times, reporter Leslie Hook notes that some experts now expect China to make the investments needed to better develop and transport its own ample coal reserves.
Meanwhile, cheap natural gas is helping to curb demand for coal in the U.S. Arch Coal recently announced layoffs in its Appalachian coal mines. Here’s an AP report on that, via Fox.
UPDATE: On Sunday, the Vancouver Columbian published a lengthy overview of the coal export situation.