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Saturday, 16 March 19
AUSTRALIAN COAL STILL FACING CHINESE DELAY - AAP
Australian coal exports to China are still facing delays, with protectionism and environmental checks blamed for the slowdown.
 
Coal export unloading times have almost doubled to 40 days in recent months, prompting Australia to seek an explanation for the delays.
 
Trade Minister Simon Birmingham said on Friday the government was closely monitoring the situation, but accepted assurances from Chinese authorities the blowout in wait times was not country-specific.
 
He said domestic protectionist pressure stemming from China’s support for its own coal industry and limiting steel production was a factor.
 
A higher level of quarantine checks for environmental reasons has also impacted Australian exports.
 
“If that’s the case we have nothing to fear because Australia’s coal is amongst the best in the world in terms of the environmental standards that come when it is used,” Senator Birmingham told ABC Radio National.
 
“We’re trying to understand all of those different moving parts and watching very closely what’s happening at each of the ports in terms of the speed of processing times.”
 
Last month, Prime Minister Scott Morrison warned against linking processing delays of coal exports to China with diplomatic tensions.
Source: Australian Associated Press


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Recent News

Monday, 01 April 19
AUSTRALIAN COAL AT RISK FROM CHINA MOVE, WARNS GOVERNMENT REPORT - SYDNEY MORNING HERALD
A new government report warns China’s restrictions on coal imports is the number one risk for Australian coal this year and could lead to a s ...


Saturday, 30 March 19
KOEN INVITES BIDS FOR 450,000 TONS OF (SUB) BITUMINOUS COAL FOR H1 AND JUNE 2019
South Korea state-owned utility KOREA SOUTH-EAST POWER CO., LTD. (KOEN) issued a tender for total 450,000  MT of min. 4300, 3500 and 5600 NCV ...


Wednesday, 27 March 19
SHIPPING MARKET INSIGHT - INTERMODAL
Contrary to the December 2018 forecasts but in line with the expectations of the dry bulk market, the first quarter of the year closed negatively. ...


Saturday, 23 March 19
IT WAS A POSITIVE WEEK FOR THE HANDY SIZE MARKET - BALTIC BRIEFING
Capesize The big ships endured heavy losses last week extinguishing any hopes from the recent minor rally. Negative sentiment gained pace throu ...


Friday, 22 March 19
CHINA MARKET: COAL OUT IN THE COLD - BUSINESS RECORDER
Though China maintains there is no ban, China-bound Australian coal shipments are looking for a new home. For the past few months, coal cargoes are ...


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