10-05-2016

Australia’s Newcastle PWCS terminals shipping queue dips below 10 ships

PWCS

Seven ships were waiting to load export cargoes at the two Port Waratah Coal Services terminals in Newcastle port, eastern Australia, down from 10 ships a week ago, said the logistics coordinator for the Hunter Valley coal supply chain in an operating report Sunday.

The shipping queue, a reflection of demand for exports at the Australian coal port, has stayed under 10 ships since early March, according to Hunter Valley Coal Chain Coordinator port data.

This is despite a recent surge in the number of ships with a notified arrival time for the port rising to almost 50 at the end of April, from under 10 ships in early April, showed data from New South Wales port authority in its last published report of April 25.

Port Waratah’s shipping queue is expected to remain under 10 ships for the duration of May, said HVCCC.

The terminals operator has received permission from arriving ships to load 7.8 million mt of coal this month.

“At PWCS there were seven vessels in the offshore queue at the end of the week. Based on terminal demand the PWCS queue is estimated to be five [ships] at the end of May,” said the HVCCC report.

Shipments from the PWCS terminals and railings into Newcastle port both recovered last week, after the port’s rail supply chain for export cargoes was closed to traffic for three days over April 27-29 for planned maintenance.

Coal shippers such as Centennial Coal, Glencore, Idemitsu Australia Resources, Rio Tinto and Yancoal exported 2.17 million mt of coal from the PWCS terminals on 21 ships in the week ended Sunday, compared with 1.78 million mt on 14 ships for the preceding week to May 1, said HVCCC in its report.

Deliveries of coal exports by rail to Newcastle port were 3.42 million mt compared with 1.95 million mt in the week ended May 1.

The rail shipments went to Newcastle port’s three coal terminals, both the PWCS facilities and the Newcastle Coal Infrastructure Group terminal which is owned by five coal producers including BHP Billiton, Centennial Coal and Whitehaven Coal.

NCIG terminal does not publish regular updates on its shipping performance.

Source: Platts

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