Clear Creek Advisory

Insights & Commentary

Practical coal industry commentary on cargo quality, demurrage risk, shipping, mine diligence, and transaction decisions.

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Cargo & Demurrage RiskMay 20, 2026

Understanding Demurrage Risk in Coal Shipping

Demurrage risk in coal shipping rarely starts at the claim stage. It builds from fixture terms, port performance, cargo acceptance, and documentation gaps long before laytime expires.

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Cargo & Demurrage RiskMay 18, 2026

What Causes Coal Cargo Rejection at Port?

Cargo rejection at port is rarely a single-lab surprise. It usually reflects specification tolerance, sampling method, transit exposure, and how contract rejection language was drafted.

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Met Coal MarketsMay 15, 2026

Met Coal Quality Parameters Explained: CSR, CRI, Ash, Sulfur and VM

Met coal contracts compress complex coke-making behavior into a handful of lab parameters. CSR and CRI often drive premium pricing as much as ash and sulfur limits.

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Mine Due DiligenceMay 12, 2026

Five Red Flags Before Purchasing a Coal Property

Paper reserves and actual mine performance diverge more often than buyers expect. These five red flags help identify where operational reality may break the investment case.

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Coal Transaction RiskMay 10, 2026

How Coal Traders Evaluate Cargo Quality Risk

Quality risk in coal trading is a margin problem disguised as a lab result. Experienced traders evaluate tolerance bands, penalty curves, and dispute history—not just headline ash or sulfur numbers.

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Coal QualityMay 8, 2026

What a Coal Certificate of Analysis Actually Tells You

A COA is a snapshot, not a guarantee. Its value depends on when sampling occurred, how it was collected, which test standards were used, and whether it represents the cargo in dispute.

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Shipping & CharteringMay 5, 2026

Norfolk, Baltimore and Mobile: Understanding U.S. Coal Export Logistics

U.S. coal export performance depends as much on rail delivery, pier capacity, and vessel class limits as on mine production. Norfolk, Baltimore, and Mobile each present distinct logistics profiles.

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Cargo & Demurrage RiskMay 3, 2026

Common Sampling and Inspection Disputes in Seaborne Coal Trade

Sampling disputes often decide coal claims. The fight is rarely about chemistry alone—it is about procedure, timing, witness presence, and which contract clause selects the governing sample.

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Coal QualityMay 1, 2026

Can Rain Increase Coal Moisture Enough to Cause a Specification Dispute?

Rain does not automatically breach a moisture specification—but open storage, incomplete coverage, and voyage exposure can move results enough to trigger disputes when tolerance bands are tight.

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Shipping & CharteringApril 28, 2026

Understanding Laytime, NOR and Demurrage in Bulk Coal Shipping

Laytime starts when contract conditions say it starts—not necessarily when the master tenders NOR. In coal trades, berth availability, cargo readiness, and customs formalities often decide the clock.

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