Australia: Heavy rains and flooding shut NSW coal ports

Australia’s east coast has been lashed by torrential rains since 24 July with NSW one of the hardest hits. The access to coal ports at NSW has been restricted and vessels are forced to leave the anchorage position. As on 23 July, 14 and 8 vessels were at anchorage and berthing position respectively at NSW ports. The Australia-origin 6000 NAR kcal/kg coal price is assessed at $47/t.