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Wednesday, 15 April 15
PORT OF NEWCASTLE SHIPPED 13.63 MMT OF COAL IN MARCH; UP 4.41% M-O-M
Port of NewcastleCOALspot.com: The Port of Newcastle, Australia’s major trading ports and the world’s largest coal export port, has shipped $1.227 billion worth of 13.63 million tons of coal for the month ended 31 March 2015. The based on available information, the average selling price was around US$ 90.03 per mt in March 2015 increased approximately 4.98% from February average selling price of US$ 89.54 per MT.

According to Port’s monthly report, YTD (2015 calendar year to date), the port has shipped $ $3.588 billion worth of 39.858 million tons of coal. The average selling price of YTD was around US$ 89.54 per MT.

Port has shipped 4.41% more coal in March compared to its February exports.

$1.22 billion trade value of coal shipped in March 2015.

According to operation report posted on port’s website, as of 31 March 2015, the port has served 151 (up 7.85%) ocean going vessels in December and 428 vessels January – March this year.

The port’s report further said, Port of Newcastle shipped coal to China, India, Japan, Korea, Malaysia, Mexico, New Caledonia, and Taiwan including Australia during March 2015.

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 – March 2015


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