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Tuesday, 18 March 14
NEWCASTLE COAL EXPORT VOLUME FALLS 26.23% WEEK ON WEEK
COALspot.com: In the week ended 17 March 2014, power plant and semi-soft coking coal shipments from the port of Newcastle in Queensland, total 2.16 million tons.
The figure constitutes a 26.23 percent lower compared to the previous week, following a week on week decrease of 6.98 percent recorded in the week ended 10 March 2014. Around 2.16 million mt for the week ended 17 March 2014 were loaded on to 21 ocean-going ships (the previous week 32 vessels served), said Newcastle Port Corp in its latest weekly update.
According to port's weekly report, the port has shipped 2,164,723 tons of coal for the week ended 0700 hours 17 March 2014, which is 27.23 percent lesser compared to a week ago loaded quantity. The port’s report indicates that, the port has loaded totalled 6,312,807 MT of coal as of 17 March for this month.
According to operation report posted on port’s website, as of 0700 hours 17 March 2014, there were 5 vessels off the port waiting to load, and 42 vessels with Notified Arrival Time (NAT) allocated and in transit and 4 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
21 coal vessels entered port to load coal during the week, and average waiting time was around 1.75 days (waiting time for loading fell 25.21% week on week), said NPC in its latest coal shipments report.
According to NPC forecasting, around 11.85 million mt of coal will be shipped in March 2014 and 6.31 mt or 53.23% of total forecasted coal already shipped as of 17 March 2014.
Source: Weekly Operations Report, Newcastle Port
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Monday, 31 March 14
CFR SOUTH CHINA COAL SWAP FOR Q2 14 DELIVERY LOST 1.17% M-O-M
COALspot.com: API 8 CFR South China Coal swaps for average Q2 14 deliveries lost 1.17 percent month on month and closed at US$ 75.38 per m ...
Sunday, 30 March 14
FREIGHTS FROM INDONESIA TO INDIA IS EXPECTED TO BE SOFT NEXT WEEK - REDDY
COALspot.com: The freight market dropped drastically and all sectors were affected severely.
The BDI was down by 14.13 pct and closed at 1, ...
Friday, 28 March 14
US PRODUCED APPROXIMATELY 18.9 MMST IN A WEEK - EIA
COALspot.com – United States the world's second largest coal producer, produced approximately 18.9 million short tons (mmst) of coal i ...
Friday, 28 March 14
CHINA'S ENVIRONMENTAL MEASURES WILL NOT CURB GROWTH IN DOMESTIC STEEL PRODUCTION AND SEABORNE IRON ORE - WOOD MACKENZIE SAYS
Steel plants in China have been targeted as a major source of the toxic smog enveloping Beijing and Shanghai. Emergency measures have been impos ...
Thursday, 27 March 14
PANAMAX : SEEMS TO HEAD FURTHER DOWN; CAPESIZE : ANOTHER CHOPPY AND UNPREDICTABLE WEEK - FEARNLEYS AS
Handy
A weaker sentiment for the smaller size as well, with reduced activity in the Atlantic where Owners have to face significantly lower ret ...
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- Indian Energy Exchange, India
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- Ambuja Cements Ltd - India
- The University of Queensland
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- Kumho Petrochemical, South Korea
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