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Tuesday, 29 November 16
AUSTRALIA'S PORT OF NEWCASTLE SHIPPED 13.08 MT OF COAL IN OCTOBER; DOWN 10.39% M/M
COALspot.com: The Port of Newcastle, Australia’s major trading ports and the world’s largest coal export port has shipped $AU1,124.7 Million worth of 13.08 million tons of Power plant coal and coking coal for the month ended October 2016. The average selling price for month October was around $AU 85.95 (approximately US$ 64.39) per tons rose approximately 3.16 percent from September 2016 average selling price of $AU 83.31 per ton.
According to Port’s monthly report, YTD (2016 calendar year to date), the port has shipped $AU 11.36 billion worth of 131.82 million tons of coal. The average selling price YTD was around average $AU 86.20 per MT.
Port has shipped 10.39 percent less coal in October compared to its September 2016 loading of 14.60 million tons.
$AU 1,124.7 million trade value of coal shipped in October 2016 compared to $AU 1,216.7 million in September 2016.
According to operation report posted on port’s website, as of 31 October 2016, the port has served 140 (down 13.58% month on month) ocean going vessels in October 2016 and 1,436 vessels January – October this year.
The port’s report further noted that the Port of Newcastle has shipped coal to Australia, China, India, Japan, Korea, Malaysia, Mexico, New Caledonia and Taiwan in the month of October 2016.
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 company’s website, the principal trade at the Port of Newcastle is coal. Non-coal commodities traded through the port include grain, steel, project cargo, vegetable oils, fuels, orange juice concentrate and containers destined for local business.
The principal trade at the Port of Newcastle is coal. Utilizing its expertise in coal supply chain logistics, the Port of Newcastle is also one of the most diverse ports in Australia.
Source: Port of Newcastle Monthly Trade Report – October 2016 (According to report, the trade values were based on commodity values and prices obtained from sources such as Australian Bureau of Agricultural and Resource)
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Monday, 08 April 19
THERMAL COAL PRICES FALL, INDIAN POWER PLANTS TO SEE LIMITED GAINS - BUSINESS STANDARD
Thermal coal prices are on a downward spiral globally. Australian coal prices have fallen nearly 20 per cent in the past week, and 40 per cent from ...
Monday, 08 April 19
CHEAP COAL SWELLS IN SOUTHEAST ASIA, FOILING GLOBAL GREEN PUSH - NIKKEI
Southeast Asian countries are turning to low-cost coal to satisfy their surging electricity demand as the West shies away from the fossil fuel unde ...
Monday, 08 April 19
SULPHUR 2020 - COUNTDOWN TO THE SWITCHOVER - LLOYD'S REGISTER
Sulphur 2020 (MARPOL Annex VI Reg. 14.1.3) is still dominating headlines and as we draw closer to the 1 January 2020 deadline it’s clear that ...
Monday, 08 April 19
INDONESIAN COAL PRICE REFERENCE PRICE PLUMMETS TO LOW NOT SEEN SINCE AUGUST 2017
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised down the benchmark price of Indonesian thermal ...
Sunday, 07 April 19
SHIP PASSAGE PLANS - NO ROOM FOR ERROR! - WATSON FARLEY & WILLIAMS
KNOWLEDGE TO ELEVATE
The English High Court’s judgment in Alize 1954 v Allianz Elementar Versicherungs AG (The CMA CGM Libra) is an impo ...
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