10/19/2015

Steady coal ship queue expected at Australia's Newcastle port through November

Ten ships were waiting to load coal exports at Port Waratah Coal Services’ terminals at Newcastle port in eastern Australia, up from nine ships last week. They expect the queue to remain stable through November, indicating flat demand for Newcastle coal exports. Ships are expected to load 8.5 million mt of coal exports at Port Waratah’s two coal terminals at Newcastle port in October. So far this month, ships have loaded 5.88 million mt.