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Tuesday, 11 February 14
AUSTRALIA'S NEWCASTLE COAL EXPORTS SLIDE AROUND 15% WEEK ON WEEK
COALspot.com: In the week ended 10 February 2014, power plant and semi-soft coking coal shipments from the port of Newcastle in Queensland, totalled 3 million tons. The figure constitutes a 12.99 percent lower compared to the previous week, following a week on week increased of 15.35 percent recorded in the week ended 3 February 2014.
3 million mt for the week ended 10 February 2014 were loaded on to 36 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 3,077,574 tons of coal for the week ended 0700 hours 10 February 2014, which was 12.99 per cent lower compared to a week ago loaded quantity. The port’s report indicates that, the port has loaded totalled 4,239,535 MT of coal as of 10 February for this month.
According to operation report posted on port’s website, as of 0700 hours 10 February 2014, there were 7 vessels off the port waiting to load, and 44 vessels with Notified Arrival Time (NAT) allocated and in transit and 8 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 Vessel
36 coal vessels entered port to load coal during the week, and average waiting time was around 4.40 days (waiting time for loading increased 189.47% week on week), said NPC in its latest coal shipments report.
According to NPC forecasting, around 11.399 million mt of coal will be shipped in February 2014 and 4,239,535 mt or 37.19% of total forecasted coal already shipped as of 10 February 2014.
Source: Weekly Operations Report, Newcastle Port
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Monday, 17 February 14
Q1 2015 COAL SWAPS CLOSED $ 2.21 HIGHER THAN Q2 2014 SWAPS
COALspot.com: API 8 CFR South China Coal swaps for average Q2 14 delivery lost 3.16 percent month on month and closed at US$ 76.12 per mt as o ...
Sunday, 16 February 14
SUPRAMAX : THE FAR EAST/SE ASIA CHARTER RATES FIRMED UP
COALspot.com: The freight market had a mixed reaction this week with BDI increased by 1.37 pct and closing at 1106 points on Valentine day. The cape ...
Friday, 14 February 14
US COAL PRODUCTION STILL SLIPPING
COALspot.com – United States the world’s second largest coal producer, produced approximately 17.9 million short tons (mmst) of coal in ...
Thursday, 13 February 14
PANAMAX : NOT ENOUGH REQUIREMENTS TO KEEP THE ATLANTIC MARKET FLOATING - FEARNLEYS AS
Handy
After the Chinese holidays the week started on a positive note. Owners are talking higher rates but chrtrs are still somehow reluctant to mov ...
Thursday, 13 February 14
DRY BULK MARKET FACES BETTER PROSPECTS ON THE BACK OF IMPROVING DEMAND AND SUPPLY BALANCE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market has started off the New Year on the "left foot", with the strong finish of 2013 proving to be unsustainable, on the ba ...
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- Latin American Coal - Colombia
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- IEA Clean Coal Centre - UK
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- Sakthi Sugars Limited - India
- Thai Mozambique Logistica
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