03-07-2018

Queue at Australian PWCS coal terminals falls on week to 18 vessels

Port Waratah Coal Services’ two terminals at Newcastle port in easternAustralia had 18 ships waiting offshore Sunday, compared with 23 a week ago,the Hunter Valley Coal Chain Coordinator said in its weekly report, Monday. The queue was expected to be fewer than five at end-July, HVCCCsaid.

A total of 2.4 million mt of coal was shipped out of the PWCS terminalsin the week ended July 1, up 576,000 mt from a week earlier. Month-to-dateexports totaled 346,000 mt, according to the report.
Coal producers had forecast July arrivals at the terminals at 10.1million mt, and for August at 11.1 million mt, the report showed.

Meanwhile, coal throughput on Newcastle port’s railway last week was 3.66million mt, HVCCC said.

Around 1.26 million mt of coal was shipped through the NCIG terminal atNewcastle last week, S&P Global Platts data showed.

The Carrington and Kooragang terminals at Port Waratah had combinedstocks of 2.04 million mt available for export on Sunday, up by about 81,800mt from the previous week.

Gladstone port had seven ships in queue Monday, and an additional threeships were loading at Queensland port’s RG Tanna coal terminal, GladstonePorts Corporation said.

Source: Platts

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