Coal exports from the Australian port of Newcastle fell 13pc in the week to 5 July amid a lack of rail capacity to transport the coal.
Operator Newcastle Port said it shipped 1.84mn t of coal during the latest week, down from 2.11mn t a week earlier. The Hunter Valley Coal Chain Logistics Team (HVCCLT), which is responsible for planning coal exports from the region, said the exports were below target because of a reduction in available rail capacity.
The number of vessels waiting to load coal at Newcastle fell sharply to 12 from 61. Another 53 ships have been allocated a notified arrival time and are in transit but not anchored. The average waiting time for vessels fell to 12.83 days from 15.17 days.
Producers had forecast July shiploading of 7.3mn t for Port Waratah Coal Services, which operates the two Newcastle terminals, HVCCLT said. This compares with a declared outbound throughput of 9mn t for the month.
Coal stocks at the Carrington terminal fell to 182,845t from 234,954t, while inventories at the Kooragang terminal increased to 876,425t from 854,329t.
Operator Newcastle Port said it shipped 1.84mn t of coal during the latest week, down from 2.11mn t a week earlier. The Hunter Valley Coal Chain Logistics Team (HVCCLT), which is responsible for planning coal exports from the region, said the exports were below target because of a reduction in available rail capacity.
The number of vessels waiting to load coal at Newcastle fell sharply to 12 from 61. Another 53 ships have been allocated a notified arrival time and are in transit but not anchored. The average waiting time for vessels fell to 12.83 days from 15.17 days.
Producers had forecast July shiploading of 7.3mn t for Port Waratah Coal Services, which operates the two Newcastle terminals, HVCCLT said. This compares with a declared outbound throughput of 9mn t for the month.
Coal stocks at the Carrington terminal fell to 182,845t from 234,954t, while inventories at the Kooragang terminal increased to 876,425t from 854,329t.
