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Tuesday, 28 January 14
AUSTRALIAN NEWCASTLE PORT'S WEEKLY COAL EXPORTS JUMP 13.75% WEEK ON WEEK


COALspot.com: In the week ended 27 January 2014, power plant and semi-soft coking coal shipments from the port of Newcastle in Queensland, totalled 3.06 million tons. The figure constitutes an 13.75 percent higher compared to the previous week, following a week on week increased of 0.89 percent recorded in the week ended 20 January 2014.

3.06 million mt for the week ended 27 January were loaded on to 36 ocean going ships (the previous week 30 vessels served), said Newcastle Port Corp in its latest weekly update.

According to port's weekly report, the port has shipped 3,067,548 tons of coal for the week ended 0700 hours 27 January 2014, which was 13.75 per cent higher compared to a week ago loaded quantity. The port’s report indicates that, the port has loaded totalled 10,894,475 MT of coal as of 27 January for this month.

According to operation report posted on port’s website, as of 0700 hours 27 January 2014, there were 4 vessels off the port waiting to load, and 47 vessels with Notified Arrival Time (NAT) allocated and in transit and 5 vessels were 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 Vessel
36 coal vessels entered port to load coal during the week, and average waiting time was around 1.52 days (waiting time for loading fell 21.64% week on week), said NPC in its latest coal shipments report.

According to NPC forecasting, around 12.974 million mt of coal will be shipped in January 2014 and 10,894,475 mt or 83.97% of total forecasted coal already shipped as of 27 January 2014.
Source: Weekly Operations Report, Newcastle Port



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