Sydney Morning Herald reported that coal investor Nathan Tinkler's coal port expansion proposal is in direct rivalry with another proposed coal terminal.
Coal exports at Australia’s Newcastle port, the world’s leading coal export terminal, jumped to a seven-month high in the latest week, as a backlog of shipments were sent following improved production at the mines. For full story, click here
Coal exports at Australia’s Newcastle port, the world’s largest coal export terminal, slipped 10 percent in the past week, while ship queues eased to below 40 as a new export quota system kicked in, data showed on Wednesday. For full story, click here
Australia’s Newcastle port, the world’s leading coal export terminal, has notified producers of plans to cut total shipping quotas by 1 million tonnes for the rest of the third quarter. For full story, click here
Supply and demand of coal is expected to be a bit more important in 2009, with the almost irrational movement along with crude oil turning out to be less of an influence.
Coal exports from Australia’s Newcastle port jumped 22 percent from the previous week to a six-week high, while the number of ships arriving at the port also held near its highest level since early November. For full story, click here
Thursday, January 12, 2012