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New Energy

Europe Snaps Up Coal From Abroad to Fill Gap Left by Russia

  • Coal imports to hub in first half rose 35% from year earlier
  • Low inventories, concerns over energy security prompted move
Updated on

A hunt by Europe’s coal consumers to replace Russian cargoes with shipments from across the globe has boosted imports to a key hub by more than a third, helping to fill severely depleted stockpiles.

Coal poured into the Antwerp-Rotterdam-Amsterdam region -- a huge transport hub for energy and commodities -- in the first half of this year, with imports surging 35% to 26.9 million tons compared with the same period last year, according to Kpler.