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Tuesday, 15 March 16
PORT OF NEWCASTLE SHIPPED 12.78 MMT OF COAL IN FEBRUARY 2016
Port of New CastleCOALspot.com: The Port of Newcastle, Australia’s major trading ports and the world’s largest coal export port has shipped AU$1,110.5 million worth of 12.785 million tons of coal for the month ended 29 February 2016. The based on available information, the average selling price for month February 2016 was at around average AU$ 86.85 per ton approximately 2.38 percent decline from January 2016 average selling price of $88.97 per ton.

According to Port’s monthly report, YTD (2016 calendar year to date), the port has shipped AU$2.136 billion worth of 24,719,873 tons of coal. The average selling price YTD is around average AU$ 86.44 per ton.

Port has shipped 7.12 percent more coal in February compared to its January 2016 loading of 11.934 million tons.

AU$1.110 billion trade value of coal shipped in February 2016 compared to $1.061 billion in January 2016.

According to operation report posted on port’s website, as of 29 February 2016, the port has served 143 (up 5.14% month on month) ocean going vessels in February and 279 vessels January – February 2016.

The port’s report further noted that, the Port of Newcastle has shipped coal to Australia, China, India, Japan, Korea, Malaysia, Mexico, New Caledonia and Taiwan in the month of February 2016.

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, the principal trade at the Port of Newcastle is coal. Non-coal commodities traded through the port include grain, steel, project cargo, vegetable oils, fuels, orange juice concentrate and containers destined for local business.

The principal trade at the Port of Newcastle is coal. Utilizing its expertise in coal supply chain logistics, the Port of Newcastle is also one of the most diverse ports in Australia.
Source: Port of Newcastle Monthly Trade Report – February 2016


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Thursday, 03 March 16
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Wednesday, 02 March 16
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