Australia Newcastle coal exports down 10 per cent

News was prepared under the information support of Online Daily Newspaper on Hellenic and international Shipping "Hellenic Shipping News".

30 Sep 2008

Coal exports from Australia's Newcastle port fell 10 per cent from the previous week, port data showed, with waiting time and ship queues also down slightly. Exports at the port, the world's largest coal export terminal, fell to 1.8 million tonnes in the week to September 29 from 2.0 million for the week to September 22, data from the Newcastle Port Corp Website showed. A total of 28 vessels were waiting off the port to load 2,696,664 tonnes of coal, down from 29 ships the previous week. The number of vessels arriving during the week was also down one to 21.
Xstrata Plc, the world's largest exporter of thermal coal, BHP Billiton Ltd and Rio Tinto Ltd are among companies that ship coal through Newcastle.
Stockpiles at the Carrington and Kooragang loading terminals at the port were little changed at 1.244 million tonnes.

Source: Business Spectator