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Australian PWCS coal terminals queue falls

Coal News - Published on Wed, 11 Jul 2018

Image Source: SteelGuru
Platts quoted Hunter Valley Coal Chain Coordinator in its weekly report on 9 July as saying that Port Waratah Coal Services terminals at Newcastle port in eastern Australia had 11 ships waiting offshore Sunday, compared with 18 a week ago.The queue was expected to have less than five vessels by the end of the month.

HVCCC said that a total of 2.72 million mt of coal was shipped out of the two PWCS terminals in the week ended Sunday, up 314,200 metric tonne from a week earlier. Month-to-date exports totaled 3.06 million metric tonne.

HVCCC said that coal producers had forecast July arrivals at the terminals at 9.8 million mt and for August at 10.9 million metric tonne. It added that meanwhile, coal throughput on Newcastle port’s railway last week was 3.48 million metric tonne.

Around 759,000 metric tonne 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 1.82 million metric tonne available for export on Sunday, down 217,200 metric tonne from the previous week.

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

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Posted By : Joykumar Irom on Wed, 11 Jul 2018
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