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Thursday, 16 November 17
THE PORT OF NEWCASTLE HAS SHIPPED 14.94 PERCENT LESS COAL IN OCTOBER 2017, DATA SHOWS
 COALspot.com: The Port of Newcastle, Australia’s major trading ports, and the world’s largest coal export port has shipped $AU 1,466.8 Million worth of 11.638 million tons of Power plant coal and coking coal for the month of October 2017.
The average selling price for month October 2017 was around $AU 126.02 (approximately US$ 95.59*) per ton, up approximately 3.89 percent month over month. The average selling price of $AU 121.29 (approximately US$ 92.00*) per ton was recorded in September 2017.
The port has shipped 14.94 percent less coal in October 2017 compared to its September 2017 loading of 13.68 million tons.
$AU 1,466,800,000 trade value of coal shipped in October 2017 compared to $AU 1,659,700,000 in September 2017. Year to month, the port has shipped $AU 16.62 billion worth of 131.718 million tons of coal. The average selling price for the period January – October 2017 was around $AU 126.22 per ton (approximately US$ 95.74*).
According to operation report posted on port’s website, as of 31 October 2017, the port has served 131 (down 12.66% month on month) ocean-going vessels in October 2017. The port has also served 1,451 ocean-going vessels for 10 months of 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 & Taiwan in the month of October 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 – December 2016 (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 15 November 2017. Source: http://www.xe.com
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Wednesday, 08 November 17
COAL MARKETS WERE MIXED; COKING COAL EKING OUT SOME GAINS; THERMAL COAL STRUGGLING - DANIEL HYNES
Coal markets were mixed, with coking coal eking out some gains, while thermal coal struggled amid the falling oil prices, ANZ Strategist said in a ...
Wednesday, 08 November 17
WEEKLY SHIPPING MARKET INSIGHT
If you are a dry bulk owner today you are definitely feeling the pressure of the past couple of years off and given the admittedly unexpected growt ...
Wednesday, 08 November 17
NEW QUAY OPENED AT THE INDUSTRIAL PORT IN BREMEN,GERMAN
Press Release: After a building period lasting three-and-a-half years, the port logistics firm Weserport, the “bremenports” comp ...
Tuesday, 07 November 17
ING JOINS FORCES ON BLOCKCHAIN-BASED PLATFORM FOR ENERGY COMMODITIES SECTOR
Blockchain technology. It’s often been described as the most important invention in computing in a generation.
So it should come as no s ...
Tuesday, 07 November 17
MECHEL SIGNED LONG-TERM COAL SUPPLY CONTRACT WITH ITOCHU CORPORATION
Mechel PAO a leading Russian mining and metals company, reports signing a framework agreement with a major Japanese universal trading company Itoch ...
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Showing 1886 to 1890 news of total 6871 |
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- Bank of Tokyo Mitsubishi UFJ Ltd
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- IEA Clean Coal Centre - UK
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- GVK Power & Infra Limited - India
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- Romanian Commodities Exchange
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- Planning Commission, India
- Directorate General of MIneral and Coal - Indonesia
- Energy Development Corp, Philippines
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- The University of Queensland
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- Parliament of New Zealand
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- Toyota Tsusho Corporation, Japan
- Ministry of Mines - Canada
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- Commonwealth Bank - Australia
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- Baramulti Group, Indonesia
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- Indogreen Group - Indonesia
- Indian Energy Exchange, India
- The Treasury - Australian Government
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- CIMB Investment Bank - Malaysia
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