Newcastle Coal Exporters Seek 35% More Harbor Capacity

Coal producers that ship from Australia’s Newcastle port, the world’s biggest harbor for power-station fuel, are seeking a 35 percent increase in export capacity by 2014, according to a terminal operator.

Coal companies want shipping capacity to rise to 153 million metric tons a year from 113 million tons now, Port Waratah Coal Services Ltd. said in an e-mailed statement today. Documentation on the development of an additional terminal will be submitted to the New South Wales government “in coming days,” Port Waratah said.