15-08-2017

Vessel queue at Australia's PWCS coal terminals rise to 15 ships

PWCS

Port Waratah Coal Services' two terminals at Newcastle port in eastern Australia had 15 ships waiting offshore on Sunday, an increase from 14 ships a week ago, the Hunter Valley Coal Chain Coordinator said in a report Sunday.

The ship queue for the PWCS terminals is expected to be 19 by the end of August, the coal chain coordinator said.

The PWCS terminals shipped 2.23 million mt of coal exports in the week ended Sunday, up 171,200 mt from a week earlier, and month-to-date exports totaled 3.92 million mt, the report showed.

Coal producers forecast ship arrivals in August at 10.3 million mt, including nominations to load 9.7 million mt of coal exports.

Forecast ship arrivals for the PWCS terminals in September is at 8.2 million mt, and at 8.7 million mt for October.

Month-to-date coal export throughput on Newcastle port's railway was 5.37 million mt, HVCCC said.

Around 1.46 million mt of coal exports were shipped through the NCIG terminal at Newcastle over August 1-13, according to S&P Global Platts data.

Carrington and Kooragang terminals at Port Waratah had combined stocks of 1.26 million mt available for export on Sunday, down from 1.62 million mt the previous Sunday.

Meanwhile, Gladstone port had nine ships in its vessel queue Monday, and an additional three ships were loading coal exports at Queensland port's RG Tanna coal terminal, Gladstone Ports Corporation said.

Source: Platts 

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