Port Waratah Coal Services’ two terminals at Newcastle port in eastern Australia had six ships waiting offshore Sunday, down from 12 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 fewer than five vessels at the end of November, the coal chain coordinator said.
The PWCS terminals shipped 2.4 million mt of coal exports in the week ended Sunday, up 608,900 mt from a week earlier, and the month-to-date exports totaled 5.2 million mt, the report showed.
Coal producers forecast ship arrivals in November at 8.1 million mt, at 10.4 million mt in December, and at 9.1 million mt for January.
Month-to-date coal exports throughput for Newcastle port’s railway were 9.01 million mt, HVCCC said.
Around 3.82 million mt of coal exports were shipped through the NCIG terminal at Newcastle month to date, according to S&P Global Platts data.
Carrington and Kooragang terminals at Port Waratah had combined stocks of 2.13 million mt available for export on Sunday, down 56,121 mt on the previous week.
Meanwhile, Gladstone port had 10 ships in its vessel queue Monday, and an additional four ships were loading coal exports at the Queensland port’s RG Tanna coal terminal, Gladstone Ports Corporation said.
Source: PlattsPrevious Next
Huge Opportunities For Investment in Maritime Sector: Nitin Gadkari
India Tanker Shipping & Trade Summit 2019