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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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Tuesday, 17 December 13
NEWCASTLE COAL EXPORTS UP 37.83% WEEK ON WEEK
COALspot.com: In the week ended December 16, power plant and semi-soft coking coal shipments from the port of Newcastle in Queensland, totalled 3.45 ...
Monday, 16 December 13
SUB-BIT FOB INDONESIA COAL SWAP LOST $ 0.53 IN A WEEK
COALspot.com – Sub-Bit Indonesia coal swap (FOB) for average Q1’ 14 delivery gained $ 0.91 pmt month on month on Friday 13 December 2013 ...
Monday, 16 December 13
API 8 CFR SOUTH CHINA COAL Q3' 14 DELIVERY PRICE CLOSED $1.63 LESSER THAN Q1' 14 PRICE
COALspot.com : API 8 CFR South China Coal swaps for average Q1’ 14 delivery gained 5.34 percept month on month as on Friday 13 December 2013. ...
Sunday, 15 December 13
SUPRAMAX'S FREIGHT RALLY COMES TO AN END THIS WEEK
COALspot.com: The BDI was up by 7 pct closing at 2,330 points week on week and the cape index was also up by 10.51 points and closed at 4,246 points ...
Friday, 13 December 13
HARD COAL : VOLUMES POSSIBLY AT RECORD-BREAKING HIGH; PRICES POSSIBLY AT A RECORD-BREAKING LOW - VDKI
Press Release : World Hard Coal Market 2013: volumes possibly at record-breaking high, prices possibly at a record-breaking low. German and UK impor ...
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