Steady coal ship queue expected at Australia’s Newcastle port through November

TIN news:  Ten ships were waiting to load coal exports at Port Waratah Coal Services’ terminals at Newcastle port in eastern Australia, up from nine ships last week, the Hunter Valley Coal Chain Coordinator said.
The coordinator expects the queue to remain stable through November, indicating flat demand for Newcastle coal exports. Ships are expected to load 8.5 million mt of coal exports at Port Waratah’s two coal terminals at Newcastle port in October. So far this month, ships have loaded 5.88 million mt, HVCCC said.
In the week to Sunday, the PWCS terminals loaded 2.3 million mt of coal exports onto 28 ships, compared with 2.1 million mt onto 18 ships in the week to October 11. RAILINGS PICK UP Rail deliveries of coal to Newcastle port’s three coal terminals — the two PWCS terminals and Newcastle Coal Infrastructure Group’s terminal — increased after maintenance October 7-9.
In the week to Sunday, coal producers including Glencore and Rio Tinto delivered 3.3 million mt of coal exports to the three terminals, compared with 1.78 million mt a week earlier. Over October 1-18, rail deliveries totaled 6.8 million mt.
As of Monday, 1 million mt of coal was waiting to be loaded onto ships at the PWCS terminals. The NCIG terminal operated by BHP Billiton, Centennial Coal and three other coal