Furthermore, US-based coal producer Arch Coal has entered into a long-term throughput agreement with KMP that will help support the expansion of these export facilities.
The partners are in final discussions to include port space for coal shipments at KMP-owned facilities on the East Coast in the throughput agreement.
Upon completion of the proposed terminal upgrades and subject to certain rail service agreements, Arch will ship coal at guaranteed minimum volume levels through KMP-owned terminals.
The expansion of KMP’s export facilities will provide increased port capacity for Arch’s growing seaborne coal volumes.
