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Tuesday, 11 December 18
PORT OF NEWCASTLE SHIPPED 10.849 MMT OF COAL IN NOVEMBER DOWN 23.44 PERCENT MOM
Port of NewcastleCOALspot.com: The Port of Newcastle, Australia’s major trading port and the world’s largest coal export port has shipped A$ 1,574.8 million worth of 10,849,131 tons of coal for the month ended 30 November 2018. The average selling price for month November was around average A$ 145.15 per tons declined approximately 6.51 percent from October average selling price of A$ 155.27per ton.
 
According to Port’s monthly report, YTD (2018 calendar year to date), the port has shipped A$21,346.6 million worth of 143,788,118 tons of coal. The average selling price YTD was around average A$ 148.45per MT.
 
Port has shipped 23.44 percent less coal in November compared to its October 2018 loading of 14,171,345 tons.
 
A$ 1,574.8 million trade value of coal shipped in November 2018 compared to A$ 2,200.5 million in October 2018.
 
According to operation report posted on port’s website, as of 30 November 2018, the port has served 122 (down 24.22% month on month) ocean going vessels in November and 1,604 vessels January – November 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 November 2018.
 
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 – November 2018


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