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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 Queensland, total 2.48 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 11.23 percent lower compared to the previous week, following a week on week decrease of 7.92 percent recorded in the week ended 5 May 2014. Around 2.48 million mt for the week ended 12 May 2014 were loaded on to 25 ocean-going ships (the previous week 28 vessels served), said Newcastle Port Corp in its latest weekly update.
According to port's weekly report, the port has shipped 2,480,455 tons of coal for the week ended 0700 hours 12 May 2014, which is 11.23 percent lower compared to a week ago loaded quantity. The port’s report indicates that, the port has loaded totalled 3,832,436 MT of coal as of 12 May for this month.
According to operation report posted on port’s website, as of 0700 hours 12 May 2014, there are 6 vessels off the port waiting to load, and 28 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
25 coal vessels entered port to load coal during the week, and average waiting time was around 3.01 days (waiting time for loading up by 68.15% 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. The port has already shipped 3.83 Mmt or 18.59% of coal until 12 May 2014.
Source: Weekly Operations Report, Newcastle Port
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Saturday, 07 June 14
U.S. MONTHLY COAL PRODUCTION SLIGHTLY HIGHER IN MAY 2014
COALspot.com – United States the world's second largest coal producer, produced approximately 19.2 million short tons (mmst) of coal in a ...
Friday, 06 June 14
RICHARDS BAY COAL TERMINAL SHIPPED 4.221 MMT OF COAL TO SOUTHERN ASIAN COUNTRIES IN MAY
COALspot.com: South Africa's Richards Bay Coal Terminal (RBCT) the single largest export coal terminal in the world, shipped 5.58 million tons ...
Thursday, 05 June 14
RBCT SOUTH AFRICA SHIPPED 21% LESS COAL IN APRIL COMPARED TO MARCH EXPORTS
COALspot.com: South Africa's Richards Bay Coal Terminal (RBCT) the single largest export coal terminal in the world, shipped 5.45 million tons ...
Thursday, 05 June 14
PANAMAX : THIS WEEK STARTED IN A SLOW PACE - FEARNLEYS
Handy
After last week's silent and unexciting week we see some more activity this week, especially from the South American market. The rates ...
Thursday, 05 June 14
PORT OF NEWCASTLE SHIPPED 2.91 MMT OF COAL IN THIS PAST WEEK
COALspot.com: The figure constitutes a 4.30 percent higher compared to the previous week, following a week on week decreased of 19.13 percent recor ...
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