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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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