Coal shipments from Australia's Newcastle port, the world's largest coal export terminal, increased 12 percent in the past week, the port said on Wednesday.
Exports from the eastern coast port, which ships mostly thermal coal used in power plants, were 2.49 million tonnes in the week to Oct. 4, up from 2.22 million a week earlier, Newcastle Port Corporation said on its website.
Stockpiles of coal at the port fell slightly, to over 1.1 million tonnes from 1.3 million tonnes the previous week.
The vessel queue at the port fell to 8 from 12 last week, with 30 ships travelling to the port to load coal, the port said.
In a separate report, the Hunter Valley Coal Chain Coordinator (HVCCC), a coordinating body for those involved in exporting coal, put the number of vessels in the queue at the port at 44 as of midnight on Oct. 5, down from 47 a week ago.
The HVCCC calculates the number of ships in the vessel queue using a wider radius from the port than the Newcastle Port Corporation.
Australia's thermal coal prices, a benchmark for Asia, closed at $95.35 per tonne last week, inching up from $94.89 a week earlier.
Exports from the eastern coast port, which ships mostly thermal coal used in power plants, were 2.49 million tonnes in the week to Oct. 4, up from 2.22 million a week earlier, Newcastle Port Corporation said on its website.
Stockpiles of coal at the port fell slightly, to over 1.1 million tonnes from 1.3 million tonnes the previous week.
The vessel queue at the port fell to 8 from 12 last week, with 30 ships travelling to the port to load coal, the port said.
In a separate report, the Hunter Valley Coal Chain Coordinator (HVCCC), a coordinating body for those involved in exporting coal, put the number of vessels in the queue at the port at 44 as of midnight on Oct. 5, down from 47 a week ago.
The HVCCC calculates the number of ships in the vessel queue using a wider radius from the port than the Newcastle Port Corporation.
Australia's thermal coal prices, a benchmark for Asia, closed at $95.35 per tonne last week, inching up from $94.89 a week earlier.