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Wednesday, 12 April 17
THE PORT OF NEWCASTLE SHIPPED 13.791 MILLION TONS OF COAL IN MARCH 2017
 COALspot.com: The Port of Newcastle, Australia’s major trading ports and the world’s largest coal export ports has shipped $AU 1,688.5 Million worth of 13.791 million tons of Power plant coal and coking coal for the month March 2017.
According to Port’s monthly report, YTD (2017 calendar year to date), the port has shipped $AU 4.717 billion worth of 38.536 million tons of coal. The average selling price YTD was $AU 122.41 per MT, rose approximately 41.17 percent from the same period in 2016.
The average selling price for month March 2017 was around $AU 122.42 (approximately US$ 91.66*) per ton, up approximately 0.33 percent from February 2017 average selling price of $AU 122.01 per ton and rose approximately 39.11 percent compared to March 2016.
Port has shipped 19.26 percent more coal in March 2017 compared to its February 2017 loading of 11.563 million tons. Port has also shipped 2.31% more coal YoY.
$AU 1,688.5 million trade value of coal shipped in March 2017 compared to $AU 1,410.9 million in February 2017, rose 19.67 percent month on month.
According to operation report posted on port’s website, as of 31 March 2017, the port has served 152 (down 17.82% month on month) ocean-going vessels in March 2017. The port also served 429 ocean going vessels January to March 2017.
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 March 2017.
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 – March 2017 (According to report, the trade values were based on commodity values and prices obtained from sources such as Australian Bureau of Agricultural and Resource)
Source: Port of Newcastle Monthly Trade Report – March 2017 (According to report, the trade values were based on commodity values and prices obtained from sources such as Australian Bureau of Agricultural and Resource)
* As per Australian Dollar to US Dollar exchange rate as on 12 April 2017. Source: http://www.xe.co
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Tuesday, 25 April 17
SHIPPING MARKET - ALLIED
Over the weekend we witnessed a second win over the rising populism that has become present in global politics since last summer, Allied shipping s ...
Monday, 24 April 17
THE FREIGHT MARKET WAS DOWN WEEK OVER WEEK EXCEPT FOR HANDYSIZE SEGMENT
COALspot.com: The Freight market was fell, week over a week as all segments show a negative downward trend except Handy Size segment this past week ...
Friday, 21 April 17
US WEEKLY COAL OUTPUT ON THE UP, EIA DATA SHOWS
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totalled an estimated 14.9 million short ton ...
Thursday, 20 April 17
SHIPPING POOLS: DON'T JUST DIVE IN - MOORE STEPHENS
Shipping pools can be an attractive option for ship owners and operators, particularly in difficult markets and during periods of economic uncertai ...
Thursday, 20 April 17
THE DRY BULK MARKET IS STILL ON ITS UPWARD MOMENTUM - ALLIED SHIPPING
Having gone through the first quarter of the year and with the Easter break having no come and gone, it seems as though the dry bulk market is stil ...
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- Edison Trading Spa - Italy
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- Ministry of Finance - Indonesia
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