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Wednesday, 21 January 15
PORT OF NEWCASTLE COAL EXPORTS JUMP 16.19% ON MONTH TO 15.80 MIL MT IN DECEMBER' 14

COALspot.com: The Port of Newcastle, Australia’s major trading ports and the world’s largest coal export port, has shipped $1.136 billion worth of 15.80 million tons of coal for the month ended 31 December 2014. The based on available information, the average selling price was around US$ 86.65 per mt in December 2014 declined approximately 0.48% from November average selling price of US$ 87.06 per MT.

According to Port’s monthly report, YTD (2014 calendar year to date), the port has shipped $13.78 billion worth of 159.035 million tons of coal. The average selling price YTD was around US$ 86.64 per MT.

Port has shipped 16.19% more coal in December compared to its November exports.

$1.36 billion trade value of coal shipped in December 2014.

According to operation report posted on port’s website, as of 31 December 2014, the port has served 172 (up 16.21%) ocean going vessels in December and 1,717 vessels January – December 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 December 2014.

Anglo, Peabody, Rio Tinto and Xstrata are some of the larger coal exporters to ship coal from Newcastle port.

About Port of Newcastle
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 – December 2014



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