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Tuesday, 06 May 14
NEWCASTLE COAL EXPORT SLIPS 7.92% WEEK ON WEEK
COALspot.com: In the week ended 07:00 hours 5 May 2014, power plant and semi-soft coking coal shipments from the port of Newcastle in Queensland, total 2.79 million tons.
The Port of Newcastle is the economic and trade centre for the resource rich Hunter Valley and for much of the north and northwest of NSW. It is Australia's oldest and one of the largest tonnage throughput ports, with coal exports representing more than 90% of total throughput tonnage.
The figure constitutes a 7.92 percent lower compared to the previous week, following a week on week increased of 16.53 percent recorded in the week ended 28 April 2014. Around 2.79 million mt for the week ended 5 May 2014 were loaded on to 28 ocean-going ships (the previous week 33 vessels served), said Newcastle Port Corp in its latest weekly update.
According to port's weekly report, the port has shipped 2,794,254 tons of coal for the week ended 0700 hours 5 May 2014, which is 7.92 percent lower compared to a week ago loaded quantity. The port’s report indicates that, the port has loaded totalled 1,343,991 MT of coal as of 5 May for this month.
According to operation report posted on port’s website, as of 0700 hours 5 May 2014, there are 3 vessels off the port waiting to load, and 31 vessels with Notified Arrival Time (NAT) allocated and in transit and 9 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
28 coal vessels entered port to load coal during the week, and average waiting time was around 1.79 days (waiting time for loading up by 103.40% week on week), said NPC in its latest coal shipments report.
NPC has forecasted to load around 13.34 million mt of coal in May 2014 and 1.34 mt or 10.06% coal has already shipped until 5 May 2014.
Source: Weekly Operations Report, Newcastle Port
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Thursday, 15 May 14
USA COAL CONFERENCE
Press Release: IHS Inc. (NYSE: IHS), the leading global source of information and analysis, will host the Coal USA Conference, June 18-20, 2014, ...
Wednesday, 14 May 14
COAL PRICES IN CHINA HAVE DROPPED TO THEIR LOWEST LEVELS SINCE END-2008
COALspot.com: Coal prices in China have dropped to their lowest levels since end-2008, Fitch says in its latest rating report on one of the coal ...
Wednesday, 14 May 14
ALMOST THROUGH THE HALF OF THE YEAR, THE DRY BULK INDEX SHOW SIGNS OF WEAKNESS; CREATING TO BOTH EXISTING SHIP OWNERS AND POTENTIAL INVESTORS A LOT OF INSECURITY - PANOS MAKRINOS
Almost through the half of the year, the overall shipping market and more specifically the Dry Bulk Index show signs of weakness, creating to bo ...
Tuesday, 13 May 14
NPC COAL EXPORT VOLUMES PLUNGE TO 2.48 MMT WEEK ON WEEK
COALspot.com: In the week ended 07:00 hours 12 May 2014, power plant and semi-soft coking coal shipments from the port of Newcastle in Quee ...
Tuesday, 13 May 14
YET ANOTHER POSIDONIA EXHIBITION IS ON ITS WAY - INTERMODAL
With less than a month to go before another Posidonia exhibition starts and all the parties and celebrations get under way we thought that it wo ...
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- The University of Queensland
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- Coastal Gujarat Power Limited - India
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- Indian Energy Exchange, India
- White Energy Company Limited
- Karaikal Port Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Trasteel International SA, Italy
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