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Tuesday, 05 November 13
AUSTRALIA'S NEWCASTLE PORT SEES DROP IN COAL EXPORTS W-W


COALspot.com: In the week ended November 4, Power plant and semi-soft coking coal shipments from the port of Newcastle in Queensland, totaled 2.77 million tons. The figure constitutes an 23.22 percent decrease compared to the previous week, following a week on week increase of 12.29 percent recorded in the week ended October 28.

2.77 million mt for the week ended 4 November were loaded on to 32 ocean going ships (last week 37 vessels served), said Newcastle Port Corp in its latest weekly update.

According to port's weekly report, the port has shipped 2,771,489 tons of coal for the week ended 0700 hours 4 November 2013, which was 23.22 per cent lesser or 838,567 MT lower compared to a week ago loaded quantity. The port has loaded 3,610,056 MT of coal w/e 28 October 2013.

According to operation report posted on port’s website, as of 0700 hours 4 November 2013, there is no vessel off the port waiting to load, and 17 vessels with Notified Arrival Time (NAT) allocated and in transit and 8 vessels are in the port of loading.

Anglo, Peabody, Rio Tinto and Xstrata are some of the larger coal exporters to ship coal from Newcastle port.

Average Waiting Time for Vessels
32 coal vessels entered port to load coal during the week, and average waiting time was around 2.71 days (waiting time for loading fell by 28.87% week on week), said NPC in its latest coal shipments report.

According to NPC forecasting around 11.11 million mt of coal will be shipped in November and 1,401,991 mt of coal already shipped as of 4 November 2013.
Source: Weekly Operations Report, Newcastle Port



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