Shipments of thermal and coking coal from Australia's Newcastle port
increased by 33.4% week on week to 1.8 million mt during the seven-day period
to 7:00 am Sydney time Monday (2100 GMT Sunday), as the port's three coal
terminals cranked up operations following a four-day rail outage in mid-May,
said Newcastle Port Corp. in an operations report Monday.
The total shipment volume was loaded onto 19 ships, it said.
Newcastle port's coal exports had dipped to a 15-month low of 1.34 million mt, shipped in 16 vessels, in the seven-day period ended May 21, as the port's main railway was closed May 15-19for planned maintenance.
The three coal terminals at Newcastle port have been slowly returning to normal operating levels over the past week and they have replenished their coal stockpiles which had significantly depleted during the rail outage.
The total shipment volume was loaded onto 19 ships, it said.
Newcastle port's coal exports had dipped to a 15-month low of 1.34 million mt, shipped in 16 vessels, in the seven-day period ended May 21, as the port's main railway was closed May 15-19for planned maintenance.
The three coal terminals at Newcastle port have been slowly returning to normal operating levels over the past week and they have replenished their coal stockpiles which had significantly depleted during the rail outage.
Coal stocks at the two terminals operated by Port Waratah Coal Services
at Newcastle port totaled 1.54 million mt on Sunday, an increase from the
863,000 mt in the week ago period, said the Hunter Valley Coal Chain
Coordinator on its website Monday.
Port Waratah Coal Services exceeded its coal export target of 1.32 million mt. The two PWCS Newcastle coal terminals shipped 154,000 mt more coal in the week ended Sunday, and its exports total for last week was 1.47 million mt, said the Hunter Valley Coal Chain Coordinator in a report Sunday.
Export volume from the 33 million mt/year capacity Newcastle Coal Infrastructure Group terminal at Newcastle port was not disclosed in the HVCCC report. According to Platts calculations, the export volume was around 330,000 mt for the week ended Sunday.
Railings of coal exports into Newcastle's three coal terminals, PWCS' Carrington and Kooragang and NCIG, were 167,000 mt below target last week at 2.7 million mt.
The number of ships waiting to load coal at Newcastle port has steadily recovered after hitting a recent low of only 17 ships on May 13. As of Sunday, 34 ships were waiting to load coal at the port, according to the HVCCC website.
"The vessel queue is expected to be around 39 ships at the end of May based on nominated [vessel] arrivals of 9.7 million mt and ship-loading of 7.9 million mt," said HVCCC in its report.
More vessels waiting in queue could indicate growing demand for coal exports.
PWCS has set a target for coal exports of 8.5 million mt in May and expects coal exports from its two terminals at Newcastle port to surge to 10.2 million mt/month in June and July, said HVCCC's report.
Of the total volume of coal exported from Newcastle, 90% is thermal coal and rest 10% coking coal, according to PWCS.
Newcastle port is the conduit for coal exports shipped from 35 coal mines in New South Wales that are operated by 14 coal producers including, Anglo American, BHP Billiton, Centennial Coal, Whitehaven, Xstrata and Yancoal Australia.
Port Waratah Coal Services exceeded its coal export target of 1.32 million mt. The two PWCS Newcastle coal terminals shipped 154,000 mt more coal in the week ended Sunday, and its exports total for last week was 1.47 million mt, said the Hunter Valley Coal Chain Coordinator in a report Sunday.
Export volume from the 33 million mt/year capacity Newcastle Coal Infrastructure Group terminal at Newcastle port was not disclosed in the HVCCC report. According to Platts calculations, the export volume was around 330,000 mt for the week ended Sunday.
Railings of coal exports into Newcastle's three coal terminals, PWCS' Carrington and Kooragang and NCIG, were 167,000 mt below target last week at 2.7 million mt.
The number of ships waiting to load coal at Newcastle port has steadily recovered after hitting a recent low of only 17 ships on May 13. As of Sunday, 34 ships were waiting to load coal at the port, according to the HVCCC website.
"The vessel queue is expected to be around 39 ships at the end of May based on nominated [vessel] arrivals of 9.7 million mt and ship-loading of 7.9 million mt," said HVCCC in its report.
More vessels waiting in queue could indicate growing demand for coal exports.
PWCS has set a target for coal exports of 8.5 million mt in May and expects coal exports from its two terminals at Newcastle port to surge to 10.2 million mt/month in June and July, said HVCCC's report.
Of the total volume of coal exported from Newcastle, 90% is thermal coal and rest 10% coking coal, according to PWCS.
Newcastle port is the conduit for coal exports shipped from 35 coal mines in New South Wales that are operated by 14 coal producers including, Anglo American, BHP Billiton, Centennial Coal, Whitehaven, Xstrata and Yancoal Australia.
Source: Platts
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