Newcastle Coal Exports Rise, Queue of Ships Shortens
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Coal shipments from Australia’s Newcastle, the world’s biggest export harbor for the power-station fuel, increased 3 percent last week while the queue of vessels waiting to load shortened.
The volume of the commodity exported in the week ended 7 a.m. local time yesterday climbed to 2.45 million metric tons from 2.38 million in the preceding period, Newcastle Port Corp. said on its website today.