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Australian PWCS coal terminals' vessel queue rises on week to 11 ships

Singapore — Australia's Port Waratah Coal Services' two terminals at Newcastle portin eastern Australia had eleven ships waiting offshore Sunday, up from sixships a week ago, to load coal to be shipped out of Australia, the HunterValley Coal Chain Coordinator report Sunday showed.

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The queue for the PWCS terminals was expected to be fewer than fivevessels at end-April as well as end-May, the coal chain coordinator said.

The PWCS terminals shipped out 1.67 million mt of coal in the week ended Sunday, down 826,100 mt from a week earlier, and the month-to-dateexports totaled 4.45 million mt, the report showed.

Coal producers had forecast April coal arrivals at the PWCS terminals tobe 8.9 million mt, and at 9.8 million mt for May.

Coal throughput for Newcastle port's railway last week was 2.06 millionmt, HVCCC said.

Around 0.39 million mt of coal was shipped through the NCIG terminalat Newcastle last week, S&P Global Platts data showed.

The Carrington and Kooragang terminals at Port Waratah had combinedstocks of 0.84 million mt available for export on Sunday, down 468,804 mt onthe previous week.

Meanwhile, Gladstone port in Queensland had 14 ships in its queueMonday, and an additional two ships were loading at the Queensland port'sRG Tanna coal terminal, Gladstone Ports Corporation said.

--Jin Ming Lim, jinming.lim@spglobal.com--Edited by Norazlina Juma'at, norazlina.jumaat@spglobal.com