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Tuesday, 06 April 10
NEWCASTLE COAL EXPORTS RISE 24%, SHIP QUEUE SHORTENS - BLOOMBERG


Bloomberg reported that, Coal shipments from Australia’s Newcastle port, the world’s biggest export harbor for the fuel used in power stations, rose 24 percent last week while the number of vessels waiting to load declined.

The volume exported in the week ended 7 a.m. local time yesterday climbed to 2.1 million metric tons from 1.7 million tons in the preceding period, Newcastle Port Corp. said on its Web site. Rio Tinto Group, Xstrata Plc and BHP Billiton Ltd. are among mining companies that ship the fuel from the harbor.

Forty-six vessels, waiting to load 3.11 million tons of coal, were outside the harbor, from 52 a week earlier. The queue reached 60 in December, the longest since July 2007.
Coal ships waited to load for an average of 20.08 days, from 18.25 days a week earlier, Newcastle Port said. That compares with 0.35 day for general-cargo vessels.

Power-station coal prices at Newcastle, an Asian benchmark, increased by 0.15 percent last week, according to the globalCOAL NEWC Index. Prices gained 14 cents to $94.98 a ton in the week ended April 3.
Source: Bloomberg



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Thursday, 24 March 11
INDIA'S CHETTINAD INTERNATIONAL COAL TERMINAL'S PERMISSIBLE DRAFT HAS INCREASED TO 13.5 M
COALspot.com - Chettinad International Coal Terminal in Ennore port has the berth with draft 13.5 Meters now, according to E-Mail statement received ...


Thursday, 24 March 11
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Wednesday, 23 March 11
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Tuesday, 22 March 11
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Tuesday, 22 March 11
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The Jakarta Post reported that, Indonesia’s coal exports to Japan will likely be diverted to other countries for several months after the rece ...


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