Ship queue to load coal at Australian Newcastle port’s PWCS terminals rises to 9
The shipping queue at Newcastle port in eastern Australia’s two Port Waratah Coal Services-operated terminals edged up to nine Sunday from seven the week before, the logistics coordinator for the Hunter Valley coal chain said in a report Sunday.
The queue at the PWCS terminals is forecast to fall to five vessels over the next fortnight, the Hunter Valley Coal Chain Coordinator or HVCCC said.
HVCCC channels coal exports from around 35 mines operated by 11 producers in the Hunter Valley including Centennial Coal, Glencore and Rio Tinto into two of the three coal terminals at Newcastle port.
“Based on terminal demand the Port Waratah Coal Services [shipping] queue is estimated to be less than 10 [ships] at the end of October,” HVCCC said in its report.
Ships arriving at the PWCS terminals at Newcastle in October have indicated they will load 8 million mt of coal, while the shippers forecast loadings in November will total 9.2 million mt, it added.
The two PWCS terminals shipped 2.1 million mt of coal exports aboard 18 ships in the seven days to Sunday, 665,000 mt more than the week before and down from 2.6 million mt over September 28-October 4, HVCCC said.
The third coal terminal at Newcastle, operated by the Newcastle Coal Infrastructure Group of five coal producers including BHP Billiton and Yancoal, does not not release weekly export data.
The total volume of coal arriving at Newcastle port’s three terminals was impacted last week by the closure of the Hunter Valley rail network for three days of maintenance over October 7-9.
A total 1.78 million mt of coal was delivered to Newcastle port in the seven days to Sunday, down from 3 million mt the week before, HVCCC said.
Port stocks at the two PWCS terminals stood at 975,000 mt Sunday, almost half the 1.8 million mt recorded the week before.