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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 recorded in the week ended 26 May 2014. Around 2.91 million mt for the week ended 2 June 2014 were loaded on to 31 ocean-going ships (the previous week 29 vessels served), said Newcastle Port Corp in its latest weekly update.

According to port's weekly report, the port has shipped 2,913,402 tons of coal for the week ended 0700 hours 2 June 2014, which was 4.3 percent higher compared to a week ago loaded quantity. The port’s report indicates that, the port has loaded totalled 553,431 MT of coal as of 2 June for this month.

According to operation report posted on port’s website, as of 0700 hours 2 June 2014, there is a vessel off the port waiting to load, and nine 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
31 coal vessels entered port to load coal during the week, and average waiting time was around 0.41 days (waiting time for loading up by 175.60 % week on week), said NPC in its latest coal shipments report.
Source: Weekly Operations Report, Newcastle Port



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