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Newcastle, Australia, PWCS coal vessel queue triples on week to 12

The coal vessel queue at the Port Waratah Coal Services terminals at the Port of Newcastle, Australia, tripled week on week on Sunday to 12, data from the coal chain coordinator’s weekly report showed Monday.

The queue is expected to ease in the coming weeks, to “less than five” at the end of the month — based on terminal demand, the Hunter Valley Coal Chain Coordinator said.

Inbound receivals at the Port Waratah terminals rose week on week to 3.27 million mt from 3 million mt, HVCCC said.

Planned rates were 317,000 mt below target while actual inbound performance was 427,000 mt below the declared inbound throughput, it said.

“Total losses finished the week at 10.8% compared to the 2017 declared target of 7.2%,” it added.

Coal stocks at the terminals, which include Carrington and Kooragang, rose to 2.19 million mt from 2 million mt, it said.
Source: Platts

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