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Queue at Australian PWCS coal terminals falls on week to 5 vessels

Singapore β€” Port Waratah Coal Services' two terminals at Newcastle port in easternAustralia had five ships waiting offshore Sunday, compared with 10 a week ago,the Hunter Valley Coal Chain Coordinator said it its weekly report.

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The queue was expected to fall to five vessels at the end of April andless than five at the end of May, HVCCC said.

A total of 2.27 million mt of coal was shipped out of the PWCS terminalsin the week ended Sunday, up 431,800 mt from a week earlier. Month-to-dateexports totaled 8.56 million mt, according to the report.

Coal producers had forecast April arrivals at the terminals at 8.4million mt and for May at 9.7 million mt.

Meanwhile, coal throughput on Newcastle port's railway last week was3.4 million mt, HVCCC said.

Around 1.13 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 1.25 million mt available for export on Sunday, down 32,666 mt fromthe previous week.

Gladstone port had eight ships in queue Monday, and an additional twoships were loading at the Queensland port's RG Tanna coal terminal, GladstonePorts Corporation said.

--Jin Ming Lim, jinming.lim@spglobal.com

--Edited by E Shailaja Nair, shailaja.nair@spglobal.com