In this list
Coal

Weekend strikes eat into PWCS coal shipments from Australia's Newcastle port: HVCCC

Commodities | Electric Power | Electricity | Metals | Non-Ferrous | Shipping | Containers

Copper markets eye easing concentrate supply in 2022

Energy | Coal

Platts Global Coal Alert

Metals

2022: What drives the Global Iron Ore Markets?

Energy | Coal | Thermal Coal

Indonesia's coal exports face delays on logistical hurdles, despite eased ban

Energy | Energy Transition | Oil | Crude Oil | Refined Products | Gasoline | Metals | Non-Ferrous | Petrochemicals | Shipping | Containers

Commodity Tracker: 5 charts to watch this week

Weekend strikes eat into PWCS coal shipments from Australia's Newcastle port: HVCCC

The Port Waratah Coal Services coal terminals at Newcastle port ineastern Australia shipped 1.89 million mt of coal exports in the week endedSunday after industrial action at the weekend, a decline of 8.25% from 2.06million mt in the week ended June 9, said the Hunter Valley Coal ChainCoordinator in a report, Monday.

Not registered?

Receive daily email alerts, subscriber notes & personalize your experience.

Register Now

Workers belonging to five unions at the PWCS coal shipment facilitystopped work at 11 pm Friday (1300 GMT) for four hours, and again for two,four-hour periods at 11 pm Saturday and at 11 pm Sunday -- a total of 12hours, PWCS spokesman Paul Chamberlin said Monday.

Ship-loading activity at the PWCS terminals during the weekendindustrial action was "close to normal" and ships present at the terminalsreceived their cargoes of coal exports as scheduled, said the PWCS spokesman.

Unions have notified PWCS of their intention to hold a further four-hourstrike from 11 pm Wednesday until 3 am Thursday morning, Chamberlin added.

The two coal terminals operated by PWCS at Newcastle port exported 1.89million mt of mostly thermal coal and some coking coal in the week periodended Sunday, and combined stocks at the terminals increased 420,000 mt to1.67 million mt Sunday, said HVCCC in its report.

In the preceding week period ended June 9, PWCS' coal export terminalshad a throughput of 2.06 million mt, said HVCCC in an earlier report, andduring this time unionized workers at the PWCS terminals went on strike for16 hours on the weekend of June 8-9.

The rate at which ships were loaded at the PWCS terminals in the weekperiod to Sunday was 98.6 million mt on an annualized basis, and was onlyslightly lower than the week ago period at 107.9 million mt, according toHVCCC data.

A total of 20 ships sailed from PWCS' Carrington and Kooragang coalexport terminals last week and this was in line with the planned number,HVCCC said.

In the prior week ended June 9, three more ships were loaded at theKooragang terminal than the planned total of 20, and 8 ships received coalexports from the Carrington terminal, giving a total number of vesseldepartures for the week of 28, said HVCCC in its report for this week.

The number of ships queueing to load exports at the PWCS coal terminalshas been falling for the past few weeks and is expected to do so for the restof this month, the HVCCC said.

"Based on current terminal demand, the queue at PWCS is estimated to be10 [ships] at the end of June," said the coordinator in its latestperformance report.

Demand for coal exports at the PWCS coal terminals is forecast to risestrongly next month, however, and the HVCCC indicated in its latest reportthat there would be 27 ships queueing to load coal from the PWCS facility atthe end of July.

NCIG TERMINAL LOADS LARGEST SHIP TO DATE

Export statistics for the Newcastle Coal Infrastructure Group terminalat Newcastle port were unavailable and the terminal is not affected by theindustrial dispute at the neighboring PWCS terminals.

NCIG released a media statement Friday in which it said the coalshipment facility, Newcastle's third coal terminal, loaded its largest shipto date, the Shin Rei from Nagoya port in Japan.

The Shin Rei took delivery of 164,000 mt of coal from Rio Tinto's MountThorley-Warkworth mine in the Hunter Valley of New South Wales when itberthed at NCIG last week, thereby beating the terminal's previous shipmentrecord of 157,477 mt from a fortnight earlier, said NCIG in its statement.

The NCIG terminal is owned and operated by five coal companies,including BHP Billiton, Centennial and Yancoal, and is presently ramping up toits maximum export capacity of 66 million mt/year which it should attain bythe end of the year with the completion of its third expansion stage, saidthe company.

--Mike Cooper, michael.cooper@platts.com

--Edited by Geetha Narayanasamy, geetha.narayanasamy@platts.com