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Tuesday, 17 December 13
NEWCASTLE COAL EXPORTS UP 37.83% WEEK ON WEEK


COALspot.com: In the week ended December 16, power plant and semi-soft coking coal shipments from the port of Newcastle in Queensland, totalled 3.45 million tons. The figure constitutes a 37.83 percent higher compared to the previous week, following a week on week decreased of 28.21 percent recorded in the week ended 9 December.

3.45 million mt for the week ended 16 December were loaded on to 38 ocean going ships (last week 26 vessels served), said Newcastle Port Corp in its latest weekly update.

According to port's weekly report, the port has shipped 3,453,852 tons of coal for the week ended 0700 hours 16 December 2013, which was 37.83 per cent higher or 948,132 MT more coal compared to a week ago loaded quantity. The port has loaded totalled 5,891,694 MT of coal as of 16 December for this month.

According to operation report posted on port’s website, as of 0700 hours 16 December 2013, there are 13 vessels off the port waiting to load, and 26 vessels with Notified Arrival Time (NAT) allocated and in transit and 7 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
38 coal vessels entered port to load coal during the week, and average waiting time was around 4.05 days (waiting time for loading down 6.46% 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 5,891,694 mt or 45.69% of total forecasted coal already shipped as of 16 December 2013.
Source: Weekly Operations Report, Newcastle Port



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