24-04-2018

Vessel queue at Australian PWCS coal terminals falls on week to 10

Port Waratah Coal Services’ two terminals at Newcastle port in eastern Australia had 10 ships waiting offshore Sunday, down from 11 a week ago, to load coal for export, the Hunter Valley Coal Chain Coordinator’s report released Sunday showed.

The queue for the PWCS terminals was expected to be three vessels at the end of April and less than five vessels at the end of May, the coal chain coordinator said.

A total of 1.84 million mt of coal was shipped out of the PWCS terminals in the week ended Sunday, up 170,700 mt from a week earlier. Month-to-date exports totaled 6.29 million mt, according to the report.

Coal producers had forecast April arrivals at the PWCS terminals to be be 8.4 million mt, and for May at 9.8 million mt.

Meanwhile, coal throughput for Newcastle port’s railway last week was 3.63 million mt, HVCCC said.

Around 1.79 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 1.28 million mt available for export on Sunday, up 450,659 mt on the previous week.

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

Source: Platts

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