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Wednesday, 08 January 14
AUSTRALIAN NEWCASTLE PORT'S WEEKLY COAL EXPORTS FALL


COALspot.com: In the week ended January 6, power plant and semi-soft coking coal shipments from the port of Newcastle in Queensland, totalled 3.27 million tons. The figure constitutes a 7.65 percent lower compared to the previous week, following a week on week decreased of 7.87 percent recorded in the week ended 30 December 2013.

3.27 million mt for the week ended 6 January were loaded on to 34 ocean going ships (the previous week 34 vessels served), said Newcastle Port Corp in its latest weekly update.

According to port's weekly report, the port has shipped 3,275,011 tons of coal for the week ended 0700 hours 6 January 2014, which was 7.62 per cent lower or 271,599 MT less coal compared to a week ago loaded quantity. The port’s report indicates that, the port has loaded totaled 2,450,869 MT of coal as of 6 January for this month.

According to operation report posted on port’s website, as of 0700 hours 6 January 2014, there were 9 vessels off the port waiting to load, and 17 vessels with Notified Arrival Time (NAT) allocated and in transit and 6 vessels were 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
34 coal vessels entered port to load coal during the week, and average waiting time was around 2.8 days (waiting time for loading increased by 43.92% week on week), said NPC in its latest coal shipments report.

According to NPC forecasting, around 12.974 million mt of coal will be shipped in January 2014 and 2,450,869 mt or 18.89% of total forecasted coal already shipped as of 6 January 2014.
Source: Weekly Operations Report, Newcastle Port



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