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Tuesday, 24 December 13
AUSTRALIAN NEWCASTLE PORT'S WEEKLY COAL EXPORTS UP 11.46% W-W
COALspot.com: In the week ended December 23, power plant and semi-soft coking coal shipments from the port of Newcastle in Queensland, totalled 3.84 million tons. The figure constitutes a 11.46 percent higher compared to the previous week, following a week on week increased of 37.83 percent recorded in the week ended 16 December.
3.84 million mt for the week ended 23 December were loaded on to 39 ocean going ships (last week 38 vessels served), said Newcastle Port Corp in its latest weekly update.
According to port's weekly report, the port has shipped 3,849,783 tons of coal for the week ended 0700 hours 23 December 2013, which was 11.46 per cent higher or 395,931 MT more coal compared to a week ago loaded quantity. The port has loaded totalled 9,338,077 MT of coal as of 23 December for this month.
According to operation report posted on port’s website, as of 0700 hours 23 December 2013, there are 7 vessels off the port waiting to load, and 24 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
39 coal vessels entered port to load coal during the week, and average waiting time was around 3.16 days (waiting time for loading down 21.97% week on week), said NPC in its latest coal shipments report.
According to NPC forecasting, around 12.893 million mt of coal will be shipped in December and 9,338,077 mt or 72.42% of total forecasted coal already shipped as of 23 December 2013.
Source: Weekly Operations Report, Newcastle Port
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Thursday, 23 January 14
30 DAYS LEFT TO REGISTER FOR PACIFIC BASIN COAL CONFERENCE
COALspot.com: (Press Release) : IHS Inc. (NYSE: IHS), the leading global source of information and analysis, will host the Pacific Basin Coal Confer ...
Wednesday, 22 January 14
HANDY/SMAX: TALK OF RATES INDICATES A STEADY TO FIRMING TREND - INTERMODAL
Last week closed off on the red once more for the Dry Bulk market, which continues to see freight rates trying to get steady feet. Nonetheless, with ...
Wednesday, 22 January 14
EXPORT BAN ON UNPROCESSED MINERALS EFFECTIVE 12 JANUARY 2014 - THREE - YEAR REPRIEVE FOR SOME, BUT UNCERTAINTY REMAINS: PWC
COALspot.com: On 11 January 2014, only hours before a long-debated ban on the export of unprocessed minerals was to come into effect, the Government ...
Wednesday, 22 January 14
DRY SECTOR: SENTIMENT REMAINS STRONG - INTERMODAL
As we have now entered 2014 and the Chinese are soon entering their Year of the Horse (sit tight for the ride!), it is a great opportunity to see ho ...
Wednesday, 22 January 14
SGX SUCCESSFULLY LAUNCHED FREIGHT FUTURES
COALspot.com: Singapore exchanged announced that, SGX Freight Futures were successfully launched on 20 January 2014, and the first trade ...
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