Australia Strike Seen Having Limited Impact on Coal Port

A 48-hour strike by train drivers in Australia, which hindered coal shipments by rail to the port of Newcastle, had a “minimal impact” on the export facility, said Gulf Agency Co., a port agent.

Stockpiles at the facility declined as 600,000 metric tons weren’t delivered because of the strike, GAC said in a notice on its website today. While there’s no indication of further industrial action, the dispute hasn’t been settled, GAC said.

The stoppage ended yesterday, according to the port agent.

Before it's here, it's on the Bloomberg Terminal. LEARN MORE