SunCoke Energy Partners LP has started barge unloading services at its Convent Marine Terminal in a multi-year agreement with Cooper Consolidated LLC.
The terminal will make use of Cooper's floating crane fleet and mid-stream transload system to unload coal, petroleum coke and other materials from barges at the Convent terminal's dock. The companies recently demonstrated their capabilities unloading the first 30-barge shipment of coal bound for the export market.
The addition of barge unloading capabilities complements Convent's existing rail and truck services, and provides the terminal with the ability to transload, blend and store a broader array of materials, officials said.
The company is working to drive $5 million to $10 million of additional earnings across its logistics portfolio over the next couple of years, and the added operations at the Convent terminal should help, said Mike Hardesty, senior vice president, commercial operations, business development, terminals and international coke.
SunCoke Energy Partners LP is a publicly traded master limited partnership that manufactures high-quality coke used in the blast furnace production of steel and provides export and domestic handling and/or mixing services of coal and other aggregates to the coke, coal, steel and electric utility industries. Its terminals have a combined capacity to mix and/or transload about 40 million tons of materials and store about 3 million tons annually. They are located to reach Gulf Coast, East Coast, Great Lakes and international ports.