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Monday, 15 May 17
THE PORT OF NEWCASTLE HAS SHIPPED 0.99 PERCENT LESS COAL IN APRIL 2017
 COALspot.com: The Port of Newcastle, Australia’s major trading ports, and the world’s largest coal export ports has shipped $AU 1,636.2 Million worth of 13.654 million tons of Power plant coal and coking coal for the month April 2017.
According to Port’s monthly report, YTD (2017 calendar year to date), the port has shipped $AU 6.246 billion worth of 52.191 million tons of coal. The average selling price YTD was $AU 119.69 per MT, rose approximately 37.78 percent from the same period in 2016.
The average selling price for month April 2017 was around $AU 119.83 (approximately US$ 86.63*) per ton, down approximately 2.11 percent from March 2017 average selling price of $AU 122.42 per ton and rose approximately 37.30 percent compared to April 2016.
Port has shipped 0.99 percent less coal in April 2017 compared to its March 2017 loading of 13.79 million tons. Port has also shipped 5.41% more coal YoY.
$AU 1,632.2 million trade value of coal shipped in April 2017 compared to $AU 1,688.5 million in March 2017, down 3.06 percent month on month.
According to operation report posted on port’s website, as of 30 April 2017, the port has served 149 (down 1.97% month on month) ocean-going vessels in April 2017. The port also served 578 ocean going vessels January to April 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 April 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 – April 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 of 15 May 2017. Source: http://www.xe.com
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Thursday, 18 May 17
SOUTHEAST ASIA CAN ACCELERATE ACHIEVEMENT OF PARIS AGREEMENT GOALS - WCA
Low emissions coal in Asia reduces more CO2 emissions than renewable investment in Western Europe.
Investing in low emissions coal plants in S ...
Wednesday, 17 May 17
THE CHINESE IMPORTS ARE A BAROMETER FOR VESSEL UTILIZATION - INTERMODAL
According to economic data, China imports increased year-on-year 38% in February, 20% in March – which is approximately US$160-170b - w ...
Monday, 15 May 17
THE CAPESIZE INDEX ROSE SIGNIFICANTLY THIS PAST WEEK COMPARED TO PREVIOUS WEEK
COALspot.com: The Freight market slightly up this past week, as BDI and Cape shows a positive trend week over week.
The Baltic Exchange, track ...
Friday, 12 May 17
U.S. COAL PRODUCTION DOWN AGAIN WEEK OVER WEEK - EIA
COALspot.com – U.S., the world’s second largest coal producers have produced approximately totaled an estimated 13.3 million short tons ...
Friday, 12 May 17
SLOW AND UNEVENTFUL WEEK FOR THE PANAMAX MARKET
Supramax
In the Atlantic, only USG were showing some improvement, where pet-coke cargoes to India was fixed in the range of 19-23k daily and to C ...
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