17-04-2018

Australian PWCS coal terminals’ vessel queue rises on week to 11 ships

Australia’s Port Waratah Coal Services’ two terminals at Newcastle port in eastern Australia had eleven ships waiting offshore Sunday, up from six ships a week ago, to load coal to be shipped out of Australia, the Hunter Valley Coal Chain Coordinator report Sunday showed.

The queue for the PWCS terminals was expected to be fewer than five vessels at end-April as well as end-May, the coal chain coordinator said.

The PWCS terminals shipped out 1.67 million mt of coal in the week ended Sunday, down 826,100 mt from a week earlier, and the month-to-date exports totaled 4.45 million mt, the report showed.

Coal producers had forecast April coal arrivals at the PWCS terminals to be 8.9 million mt, and at 9.8 million mt for May.

Coal throughput for Newcastle port’s railway last week was 2.06 million mt, HVCCC said.

Around 0.39 million mt of coal was shipped through the NCIG terminal at Newcastle last week, S&P Global Platts data showed.

The Carrington and Kooragang terminals at Port Waratah had combined stocks of 0.84 million mt available for export on Sunday, down 468,804 mt on the previous week.

Meanwhile, Gladstone port in Queensland had 14 ships in its queue Monday, and an additional two ships were loading at the Queensland port’s RG Tanna coal terminal, Gladstone Ports Corporation said.

Source: Platts

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