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Tuesday, 15 October 13
NEWCASTLE PORT SHIPPED 6.50% MORE COAL W-O-W


COALspot.com: Power plant and semi-soft coking coal shipments from Australia's Newcastle port up 6.50 per cent week on week to 3.19 million mt for the week ended October 14, and were loaded on to 35 ocean going ships (last week 36 vessel), said Newcastle Port Corp in its latest weekly update.

According to port's weekly report, the port has shipped 3,194,120 tons of coal for the week ended 0700 hours 14 October 2013, which was 6.50 per cent higher compared to a week ago loaded quantity. The port has loaded 2,998,920 MT of coal w/e 7 October 2013.

According to operation report posted on port’s website, as of 0700 hours 14 October 2013, there are 3 vessels off the port waiting to load, and 40 vessels with Notified Arrival Time (NAT) allocated and in transit and 8 vessels are in the port of loading.

Average Waiting Time for Vessels
35 coal vessels entered port to load coal during the week, and average waiting time was around 4.69 days (waiting time for loading fell by 30.51% week on week), said NPC in its latest coal shipments report.

According to NPC forecasting around 12.93 million mt of coal will be shipped in October.
Source: Weekly Operations Report, Newcastle Port



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