Australia's Newcastle port exported 2.8 million mt of thermal and coking coal in the week to Monday, falling 19% on the week, as the port's vessel queue continued to shrink, according to the Newcastle Port Corporation's latest weekly update.
NPC said there were still seven vessels in the port loading Monday, with only one ship in the vessel queue, down from three last week.
The weekly update reported that there were just three ships in transit towards the port to load coal at Newcastle's three terminals Monday, up from none at the same time last week.
According to a report from the Hunter Valley Coal Chain Coordinator (HVCCC) Sunday, Port Waratah Coal Services' (PWCS) two coal terminals exported 2.02 million mt of coal, falling 15% on the week.
The HVCCC report said there were no ships waiting in the offshore queue to load coal cargoes at the PWCS terminals, compared to three the week before.
It added that May's nominations remained at 8.6 million mt, with the vessel queue also expected to stay at less than five at the end of May and June.
PWCS port stocks jumped 11% on the week to 1.63 million mt.
According to Platts calculations based on Newcastle and PWCS export data, the Newcastle Coal Infrastructure Group terminal shipped the remainder of around 775,700 mt of coal, a 27% fall from the previous week's volume of 1.07 million mt.
The NCIG terminal does not provide regular updates on the volume of its exports or its stock levels.
Meanwhile, HVCCC said that 3.06 million mt of coal was railed to Newcastle port's three terminals in the week ended Sunday, edging down 5.5% on the week.
