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Tuesday, 19 November 13
WEEKLY COAL EXPORTS FROM NEWCASTLE PORT INCREASED BY 20.59%


COALspot.com: In the week ended November 18, power plant and semi-soft coking coal shipments from the port of Newcastle in Queensland, totaled 2.92  million tons. The figure constitutes an 20.59 percent increase compared to the previous week, following a week on week decreased of 12.40 percent recorded in the week ended 11 November.

2.92 million mt for the week ended 18 November were loaded on to 31 ocean going ships (last week 32 vessels served), said Newcastle Port Corp in its latest weekly update.

According to port's weekly report, the port has shipped 2,927,746 tons of coal for the week ended 0700 hours 18 November 2013, which was 20.59 per cent higher or 500,001 MT higher compared to a week ago loaded quantity. The port has loaded totaled 6,825,607 MT of coal w/e 18 November 2013.

According to operation report posted on port’s website, as of 0700 hours 18 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 7 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
31 coal vessels entered port to load coal during the week, and average waiting time was around 0.91 days (waiting time for loading fell by 48.58% week on week), said NPC in its latest coal shipments report.

According to NPC forecasting around 11.118 million mt of coal will be shipped in November and 6,825,607 mt of coal already shipped as of 18 November 2013.
Source: Weekly Operations Report, Newcastle Port



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