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Wednesday, 25 February 15
PORT OF NEWCASTLE SHIPPED 13.16MT OF COAL IN JANUARY; DECLINED 16.70% FROM A MONTH AGO

COALspot.com: The Port of Newcastle, Australia’s major trading ports and the world’s largest coal export port, has shipped $1.15 billion worth of 13.16 million tons of coal for the month ended 31 January 2015. Based on the available information, the average selling price was around US$ 87.41 per metric tons in January 2015 increase approximately 0.87% from the December average selling price of US$ 86.65 per MT.

According to Port’s monthly report, YTD (2015 calendar year to date), the port has shipped $1.15 billion worth of 13.16 million tons of coal. The average selling price YTD was around US$ 87.41 per MT.

The port has shipped 16.70% less coal in January 2015 compared to its December 2014 exports.

$1.15 billion trade values of coal shipped in January 2015.

According to an operation report posted on the port’s website, as of 31 January 2015, the port has served 137 (decline 20.34%) ocean going vessels in December.

The port’s report further said, Port of Newcastle shipped coal to Australia, China, India, Japan, Korea, Malaysia, Mexico, New Caledonia & Taiwan during January 2015.

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

About Port of Newcastle
The Port of Newcastle is the largest bulk shipping port on the east coast of Australia and the world’s leading coal export port. On 30 May 2014, Port of Newcastle Investments (trading as Port of Newcastle) commenced a 98-year lease of the Port of Newcastle with the New South Wales Government.

According to the company’s website, port’s world-class infrastructure supports the import and export of more than 40 commodities through the port. In 2012-13, the port handled 148.8 million tonnes in trade throughput, with a value of approximately $19 billion.

The principal trade at the Port of Newcastle is coal.
Source: Port of Newcastle Monthly Trade Report – January 2015



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