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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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Friday, 23 May 14
U.S. WEEKLY COAL PRODUCTION SLIPS 1.8% WEEK ENDED MAY 17, 2014
COALspot.com – United States the world's second largest coal producer, produced approximately 18.6 million short tons (mmst) of coal in a ...
Friday, 23 May 14
DRY BULK NEWBUILDING CANCELLATIONS COULD HELP SUPPORT MARKET IN THE COMING WEEKS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market's demise over the past few months maybe has come as a surprise to many, but analysts and shipbrokers are looking forward to ...
Thursday, 22 May 14
HEAR SUCCESSFUL CASE STUDIES FROM 10 INDEPENDENT UNCONVENTIONAL GAS OPERATORS
Unconventional Gas Asia 2014 will provide a unique opportunity for Asia’s unconventional gas leaders to share their experience and expertise ...
Thursday, 22 May 14
CNPC-GAZPROM DEAL A MEDIUM - TERM POSITIVE FOR CHINA'S GAS SECTOR
Fitch Ratings says a 30-year deal in which Russia's OAO Gazprom (BBB/Negative) will supply gas to China National Petroleum Corporation (CNPC; A ...
Thursday, 22 May 14
CAPESIZE : RATES ARE STILL UNDER PRESSURE
Handy
A quiet start into the week in Far East, some fresh Indonesian coal order in the market. For trips within S.E. Asia, Supras are trading aro ...
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- Uttam Galva Steels Limited - India
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- The Treasury - Australian Government
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- Economic Council, Georgia
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- Marubeni Corporation - India
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