-Newcastle Port, Coal exports shipment up by 6.5%
-5.6 MnT of Coal has been shipped in till 14th October
Worlds leading coal exporting port, Newcastle Port's Coal shipment during week ended 14 October, 2013 is up by 6.5% as compared to preceding week, reported by port authority.
During the week under review, the port shipped around 3.1MnT of Coal and a total of 5.6 MnT of the material has been shipped to different destinations in the month so far.
As forecasted by the Port, around 12.9 MnT of Coal including both Coking and Non-coking is expected to be shipped during the month. However, on current situation, port is estimating to ship around 13.1 MnT in October on the basis of actual shipped plus projected balance from Coal terminal.
The Port has also reported that during the week ended 14 October, 35 vessels entered the port for loading with an average waiting time of 4.69 days. However, during the preceding week around 36 vessels had entered the Port with an average waiting time of around 6.75 days.
At the end of the week, 8 vessels were loading Coal, 3 vessels were waiting to get loaded and 40 vessels were expected to reach the Port.
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