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Tuesday, 10 December 13
NEWCASTLE COAL EXPORTS PLUNGE W-O-W


COALspot.com: In the week ended December 9, power plant and semi-soft coking coal shipments from the port of Newcastle in Queensland, totalled 2.50 million tons. The figure constitutes a 28.21 percent lesser compared to the previous week, following a week on week increase of 54.07 percent recorded in the week ended 2 December.

2.50 million mt for the week ended 9 December were loaded on to 26 ocean going ships (last week 38 vessels served), said Newcastle Port Corp in its latest weekly update.

According to port's weekly report, the port has shipped 2,505,720 tons of coal for the week ended 0700 hours 9 December 2013, which was 2.50 per cent lower or 984,682 MT more coal compared to a week ago loaded quantity. The port has loaded totalled 2,846,935 MT of coal as of 9 December for this month.

According to operation report posted on port’s website, as of 0700 hours 9 December 2013, there are no vessels off the port waiting to load, and 32 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
26 coal vessels entered port to load coal during the week, and average waiting time was around 4.33 days (waiting time for loading up 26.60% week on week), said NPC in its latest coal shipments report.

According to NPC forecasting around 12.893 million mt of coal will be shipped in December and 2,846,935 mt or 22.08% of total forecasted coal already shipped as of 9 December 2013.
Source: Weekly Operations Report, Newcastle Port



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