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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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Tuesday, 18 October 16
PANAMAX: A FAIRLY POSITIVE END TO THE WEEK - ALLIED
Capesize
Things seemed to be moving sideways during the first half of the week, with resistance being felt as owners tried to resist any further ...
Monday, 17 October 16
THE FREIGHT MARKET WAS SOFTENED IN ALL SEGMENTS THIS PAST WEEK - VISTAAR
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities decline slightly and ending in a negative note this past ...
Friday, 14 October 16
SUPRAMAXES: DELIVERY SINGAPORE ARE SETTLING AROUND HIGH 6K'S FOR COAL TRIPS TO CHINA VIA INDO - FEARNLEY
Supramax
Wait and see attitude prevailing all over the market.
There have been several fresh cargoes, which have been efficiently covered by ...
Friday, 14 October 16
U.S. SHIPPED 3.3 MMST COAL IN JULY 2016; DECLINE 40% M/M
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 16.6 million short ton ...
Wednesday, 12 October 16
MARKET INSIGHT - LINOS KOGEVINAS
Another Monday has gone by, bringing with it further turbulence for oil. A series of meetings between high-production nations Russia & Saudi Ar ...
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