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Tuesday, 27 May 14
PORT OF NEWCASTLE SHIPPED 19.13% LESS COAL THIS PAST WEEK
COALspot.com: In the week ended 07:00 hours 26 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 19.13 percent lower compared to the previous week, following a week on week increased of 39.11 percent recorded in the week ended 19 May 2014. Around 2.79 million mt for the week ended 26 May 2014 were loaded on to 29 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 2,795,496 tons of coal for the week ended 0700 hours 26 May 2014, which was 19.13 percent lower compared to a week ago loaded quantity. The port’s report indicates that, the port has loaded totaled 10,081,729 MT of coal as of 26 May for this month.
According to operation report posted on port’s website, as of 0700 hours 26 May 2014, there is 1 vessel off the port waiting to load, and three vessels with Notified Arrival Time (NAT) allocated and in transit and 7 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
29 coal vessels entered port to load coal during the week, and average waiting time was around 0.41 days (waiting time for loading down by 86.37% 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 10.08 Mmt or 75.53% of coal until 26 May 2014.
Source: Weekly Operations Report, Newcastle Port
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Sunday, 13 April 14
INDONESIA TO INDIA FREIGHT MARKET DECLINE CONTINUES
COALspot.com: The freight market continued to drop this week and BDI almost touched 1000 points. BDI closed at 1002 points fell 16.85 pct week o ...
Saturday, 12 April 14
HOW DO YOU CALCULATE LOSS OF EARNINGS FOLLOWING A COLLISION? - INCE & CO
KNOWLEDGE TO ELEVATE
The recent case of Astipalaia vs Hanjin Shenzhen [2014] EWHC 120 (Admlty) has revisited the existing case law on asses ...
Friday, 11 April 14
US COAL PRODUCTION IN MARCH INCREASED 9.69% TO 82.6 MMST MONTH ON MONTH
COALspot.com – United States the world's second largest coal producer, produced approximately 19.10 million short tons (mmst) of coal ...
Thursday, 10 April 14
DRY BULK MARKET IS RISING CLAIMS BIMCO - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Despite the recent fall of the Baltic Dry Index (BDI), when one compares the first quarter of 2014, to similar quarters of the recent past, it i ...
Wednesday, 09 April 14
DRY BULK MARKET STRUGGLED THROUGHOUT THE WEEK - INTERMODAL
The Dry Bulk market struggled throughout the week but the poor performance across the board didn't allow for any positive reversal, pushing ...
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- Dalmia Cement Bharat India
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- Price Waterhouse Coopers - Russia
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- Rashtriya Ispat Nigam Limited - India
- Bangladesh Power Developement Board
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- White Energy Company Limited
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- SMG Consultants - Indonesia
- Formosa Plastics Group - Taiwan
- European Bulk Services B.V. - Netherlands
- Ministry of Finance - Indonesia
- Economic Council, Georgia
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- PetroVietnam Power Coal Import and Supply Company
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- McConnell Dowell - Australia
- Aditya Birla Group - India
- Indian Energy Exchange, India
- Maheswari Brothers Coal Limited - India
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- Sical Logistics Limited - India
- Banpu Public Company Limited - Thailand
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- Central Java Power - Indonesia
- Holcim Trading Pte Ltd - Singapore
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- OPG Power Generation Pvt Ltd - India
- Merrill Lynch Commodities Europe
- The State Trading Corporation of India Ltd
- Sree Jayajothi Cements Limited - India
- Aboitiz Power Corporation - Philippines
- Minerals Council of Australia
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- Eastern Coal Council - USA
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- London Commodity Brokers - England
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- Petron Corporation, Philippines
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- PowerSource Philippines DevCo
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- Goldman Sachs - Singapore
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- Jindal Steel & Power Ltd - India
- Kartika Selabumi Mining - Indonesia
- Siam City Cement PLC, Thailand
- Agrawal Coal Company - India
- Standard Chartered Bank - UAE
- TNB Fuel Sdn Bhd - Malaysia
- Thiess Contractors Indonesia
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- Kohat Cement Company Ltd. - Pakistan
- Sindya Power Generating Company Private Ltd
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- Wilmar Investment Holdings
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- Meenaskhi Energy Private Limited - India
- Kobexindo Tractors - Indoneisa
- Planning Commission, India
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- Larsen & Toubro Limited - India
- Sojitz Corporation - Japan
- Therma Luzon, Inc, Philippines
- Africa Commodities Group - South Africa
- Karaikal Port Pvt Ltd - India
- Port Waratah Coal Services - Australia
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- SN Aboitiz Power Inc, Philippines
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- Coal and Oil Company - UAE
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- The Treasury - Australian Government
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- Timah Investasi Mineral - Indoneisa
- Lanco Infratech Ltd - India
- Parry Sugars Refinery, India
- Parliament of New Zealand
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