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Tuesday, 26 November 13
NEWCASTLE COAL EXPORTS SLIP 22.62% W-W


COALspot.com: In the week ended November 25, power plant and semi-soft coking coal shipments from the port of Newcastle in Queensland, totalled 2.26 million tons. The figure constitutes a 22.62 percent decrease compared to the previous week, following a week on week increase of 20.59 percent recorded in the week ended 18 November.

2.26 million mt for the week ended 25 November were loaded on to 28 ocean going ships (last week 31 vessels served), said Newcastle Port Corp in its latest weekly update.

According to port's weekly report, the port has shipped 2,265,441 tons of coal for the week ended 0700 hours 25 November 2013, which was 22.62 per cent lesser or 662,305 MT lower compared to a week ago loaded quantity. The port has loaded totalled 9,091,048 MT of coal w/e 25 November 2013.

According to operation report posted on port’s website, as of 0700 hours 25 November 2013, there are 8 vessels off the port waiting to load, and 36 vessels with Notified Arrival Time (NAT) allocated and in transit and 8 vessels are in the port of loading.

Anglo, Peabody, Rio Tinto and Xstrata are some of the larger coal exporters to ship coal from Newcastle port.

Average Waiting Time for Vessels
28 coal vessels entered port to load coal during the week, and average waiting time was around 1.61 days (waiting time for loading up 76.92% week on week), said NPC in its latest coal shipments report.

According to NPC forecasting around 11.118 million mt of coal will be shipped in November and 9,091,048 mt or 81.76% of total forecasted coal already shipped as of 25 November 2013.
Source: Weekly Operations Report, Newcastle Port



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