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Tuesday, 09 September 14
PORT OF NEWCASTLE SHIPPED 13.207 MTN OF COAL IN AUGUST; TRADE VALUE AROUND $1.17 BILLION
COALspot.com: The Port of Newcastle, Australia’s major trading ports and the world’s largest coal export port, has shipped $1.17 billion worth of 13,207,668 tons of coal for the month ended 31 August 2014. The based on available information, the average selling price was around US$ 89.11 per mt in August 2014.
According to Port’s monthly report, YTD (2014 calendar year to date), the port has shipped $9.13 billion worth of 102,481,051 tons of coal. The average selling price YTD is around US$ 89.14 per MT. Port has shipped 5.90% less coal compared to July exports.
$1.17 billion trade value of coal shipped in August.
According to operation report posted on port’s website, as of 31 August 2014, the port has served 143 (down 7.74%) ocean going vessels in August and 1095 vessels January – August this year.
The port’s report further said, Port of Newcastle shipped coal to Australia, China, India, Japan, Korea, Malaysia, Mexico, New Caledonia, and Taiwan during August 2014.
Anglo, Peabody, Rio Tinto and Xstrata are some of the larger coal exporters to ship coal from Newcastle port.
The Port of Newcastle is the largest bulk shipping port on the east coast of Australia and the world’s leading coal export port. On 30 May 2014, Port of Newcastle Investments (trading as Port of Newcastle) commenced a 98-year lease of the Port of Newcastle with the New South Wales Government.
According to company’s website, port’s world-class infrastructure supports the import and export of more than 40 commodities through the port. In 2012-13, the port handled 148.8 million tonnes in trade throughput, with a value of approximately $19 billion.
The principal trade at the Port of Newcastle is coal.
Source: Port of Newcastle Monthly Trade Report – August 2014
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Monday, 15 September 14
CFR SOUTH CHINA COAL SWAP GAINED DAY ON DAY AND WEEK ON WEEK
COALspot.com: API 8 CFR South China Coal swap for delivery in October 2014 decreased US$ 2.30 (-3.36%) month over month, but increased day on day a ...
Sunday, 14 September 14
FREIGHT RATES RALLY AS DEMAND INCREASED
COALspot.com: The Baltic Dry Index (BDI) is a number (in US$) issued daily by the London-based Baltic Exchange up 2.25 percent week on week. BDI cl ...
Friday, 12 September 14
U.S. YEAR-TO-DATE COAL PRODUCTION TOTALED 673.3 MMST, SAYS EIA
COALspot.com – United States the world's second largest coal producer, produced approximately 19.20 million short tons (mmst) of coal in ...
Thursday, 11 September 14
THE PANAMAX MARKET IS TAKING A BREATHER - FEARNLEYS
Handy
We have experienced more activity in both hemispheres this week, said Fearnleys in this week's weekly report.
"We see rates c ...
Wednesday, 10 September 14
ARE GREEK BANKS ON THE VERGE TO START LENDING AGAIN? - JOHN N. COTZIAS
It is well known that Greek Banks had suffered severely after the economic crisis of 2008. From that period onwards, major changes have occur ...
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- Grasim Industreis Ltd - India
- Sarangani Energy Corporation, Philippines
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- Gujarat Mineral Development Corp Ltd - India
- Ministry of Finance - Indonesia
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- Samtan Co., Ltd - South Korea
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- Parliament of New Zealand
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- Australian Commodity Traders Exchange
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- Eastern Coal Council - USA
- Gujarat Sidhee Cement - India
- Therma Luzon, Inc, Philippines
- Economic Council, Georgia
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