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Queue at Australia’s PWCS coal terminals falls on week to 4 vessels

Port Waratah Coal Services’ two terminals at Newcastle port in the eastern Australian state of New South Wales had four ships waiting offshore on Sunday, down from five ships a week earlier, the Hunter Valley Coal Chain Coordinator said in its weekly report Monday.

The queue is expected to comprise of 11 ships at the end of February, HVCCC said.

A total of 2.5 million mt of coal was shipped out of the PWCS terminals in the week to Sunday, up 71,300 mt from the week before.

Month-to-date exports totaled 3.6 million mt, the weekly report showed.

Around 592,000 mt of coal was shipped through the separate Newcastle Coal Infrastructure Group terminal at the port last week, S&P Global Platts data showed.

Coal producers had forecast February arrivals at the PWCS terminals at 9.2 million mt, and at 9.4 million mt for March, HVCCC said.

Coal throughput at Newcastle port’s railway last week was 3.1 million mt, down 172,000 mt from a week earlier, HVCCC added.

The Carrington and Kooragang terminals at Port Waratah had combined stocks of 1.54 million mt available for export on Sunday, a decrease of 304,000 mt from the week before.

Gladstone port, in the neighboring state of Queensland, had 12 ships in its coal queue on Monday, and there were three ships loading at its RG Tanna coal terminal, Gladstone Ports Corporation said.

There were seven queuing and three loading a week earlier, according to Gladstone Ports Corporation.
Source: Platts

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