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Monday, 13 March 17
PORT OF NEWCASTLE HAS SHIPPED 11.563 MILLION TONS COAL IN FEBRUARY 2017; DECLINED 12.19 PERCENT M/M
 COALspot.com: The Port of Newcastle, Australia’s major trading ports and the world’s largest coal export ports has shipped $AU 1,410.9 Million worth of 11.563 million tons of Power plant coal and coking coal for the month ended February 2017.
According to Port’s monthly report, YTD (2017 calendar year to date), the port has shipped $AU 3.027 billion worth of 24.732 million tons of coal. The average selling price YTD was average $AU 122.39 per MT, rose approximately 41.58 percent from the same period in 2016.
The average selling price for month February 2017 was around $AU 122.01 (approximately US$ 91.97*) per ton, decline approximately 1.15 percent from January 2017 average selling price of $AU 123.43 per ton and rose approximately 40.84 percent compared to February 2016.
Port has shipped 12.19 percent less coal in February 2017 compared to its January 2017 loading of 13.169 million tons. Port has also shipped 9.55% less coal YoY.
$AU 1,410.9 million trade value of coal shipped in February 2017 compared to $AU 1,625.6 million in January 2017, declined 13.23 percent month on month.
According to operation report posted on port’s website, as of 28 February 2017, the port has served 129 (down 12.83% month on month) ocean-going vessels in February 2017.
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 2017.
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 2017 (According to report, the trade values were based on commodity values and prices obtained from sources such as Australian Bureau of Agricultural and Resource)
Source: Port of Newcastle Monthly Trade Report – February 2017 (According to report, the trade values were based on commodity values and prices obtained from sources such as Australian Bureau of Agricultural and Resource)
* as per Australian Dollar to US Dollar exchange rate as on 13 March 2017. Source: http://www.xe.co
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Wednesday, 14 June 17
WORLD COAL PRODUCTION FELL BY 6.2%, THE LARGEST ANNUAL DECLINE ON RECORD - BP
COALspot.com: The 2017 edition of the BP Statistical Review of World Energy, shows global energy markets continuing to undergo long-term changes as ...
Wednesday, 14 June 17
HANDYSIZES AND PANAMAXES ENJOY THE TIGHTEST SUPPLY - PANOS TSILINGIRIS
The dry and the tanker shipping segments have dissimilar exposure to supply-driven opportunity (or risk). While the vintage (i.e., over 15 years ol ...
Tuesday, 13 June 17
THE TANKER FREIGHT MARKET IS STILL UNDER PRESSURE - GEORGE LAZARIDIS
News of U.S. inventory decline has hit the market by surprise with prices of the commodity showing some quick revival as OPEC continues to push wit ...
Monday, 12 June 17
THE BALTIC DRY INDEX TOOK A POSITIVE STEP
COALspot.com: The Freight market incline this past week compared to the previous week, as BDI, Cape and Panamax indexes show a positive trend week ...
Friday, 09 June 17
U.S WEEKLY COAL OUTPUT WAS FLAT WEEK OVER WEEK - EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 15 million short tonnes ...
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