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Thursday, 27 February 14
NEWCASTLE COAL EXPORTS SLIP 26.68 PERCENT WEEK ON WEEK
COALspot.com: In the week ended 24 February 2014, power plant and semi-soft coking coal shipments from the port of Newcastle in Queensland, total 2.94 million tons.
The figure constitutes a 26.68 percent lower compared to the previous week, following a week on week increased of 30.52 percent recorded in the week ended 17 February 2014. Around 2.94 million mt for the week ended 24 February 2014 were loaded on to 32 ocean-going ships (the previous week 38 vessels served), said Newcastle Port Corp in its latest weekly update.
According to port's weekly report, the port has shipped 2,947,359 tons of coal for the week ended 0700 hours 24 February 2014, which is 26.68 per cent higher compared to a week ago loaded quantity. The port’s report indicates that, the port has loaded totalled 11,222,945 MT of coal as of 24 February for this month.
According to operation report posted on port’s website, as of 0700 hours 24 February 2014, there were 7 vessels off the port waiting to load, and 38 vessels with Notified Arrival Time (NAT) allocated and in transit and 6 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
32 coal vessels entered port to load coal during the week, and average waiting time was around 4.25 days (waiting time for loading increased 36.21% week on week), said NPC in its latest coal shipments report.
According to NPC forecasting, around 11.399 million mt of coal will be shipped in February 2014 and 11.222 mt or 98.44% of total forecasted coal already shipped as of 24 February 2014. It is seemed that, the port will exceed its own forecasts of coal export this month.
Source: Weekly Operations Report, Newcastle Port
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Sunday, 16 February 14
SUPRAMAX : THE FAR EAST/SE ASIA CHARTER RATES FIRMED UP
COALspot.com: The freight market had a mixed reaction this week with BDI increased by 1.37 pct and closing at 1106 points on Valentine day. The cape ...
Friday, 14 February 14
US COAL PRODUCTION STILL SLIPPING
COALspot.com – United States the world’s second largest coal producer, produced approximately 17.9 million short tons (mmst) of coal in ...
Thursday, 13 February 14
PANAMAX : NOT ENOUGH REQUIREMENTS TO KEEP THE ATLANTIC MARKET FLOATING - FEARNLEYS AS
Handy
After the Chinese holidays the week started on a positive note. Owners are talking higher rates but chrtrs are still somehow reluctant to mov ...
Thursday, 13 February 14
DRY BULK MARKET FACES BETTER PROSPECTS ON THE BACK OF IMPROVING DEMAND AND SUPPLY BALANCE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market has started off the New Year on the "left foot", with the strong finish of 2013 proving to be unsustainable, on the ba ...
Wednesday, 12 February 14
NEW BUILDING ORDERS REACHING NEW POST-CRISIS HEIGHTS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Ship owners are looking to take advantage of the last few attractive deals in the new building market, before prices start climbing to new highs and ...
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- Global Business Power Corporation, Philippines
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- IEA Clean Coal Centre - UK
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- Port Waratah Coal Services - Australia
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- White Energy Company Limited
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- GN Power Mariveles Coal Plant, Philippines
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- Uttam Galva Steels Limited - India
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- Indian Energy Exchange, India
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- Lanco Infratech Ltd - India
- Coastal Gujarat Power Limited - India
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- Barasentosa Lestari - Indonesia
- Thai Mozambique Logistica
- Holcim Trading Pte Ltd - Singapore
- Ambuja Cements Ltd - India
- Eastern Coal Council - USA
- Deloitte Consulting - India
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- Toyota Tsusho Corporation, Japan
- The State Trading Corporation of India Ltd
- Billiton Holdings Pty Ltd - Australia
- Dalmia Cement Bharat India
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- Parliament of New Zealand
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- The University of Queensland
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- Bulk Trading Sa - Switzerland
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- Altura Mining Limited, Indonesia
- Kobexindo Tractors - Indoneisa
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- Tamil Nadu electricity Board
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- Minerals Council of Australia
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- Sinarmas Energy and Mining - Indonesia
- Meralco Power Generation, Philippines
- Xindia Steels Limited - India
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