Business

Chinese demand fuels increase in Gladstone coal exports

Gladstone's RG Tanna Coal Terminal.
Gladstone's RG Tanna Coal Terminal. Brenda Strong

GLADSTONE port recorded a 7.2% increase in coal exports in 2013, largely driven by Chinese demand, according to Gladstone Ports Corporation shipping data.

Gladstone's RG Tanna coal terminal and the smaller Barney Point exports facility loaded 61.9 million mt of coal cargo onto 637 ships in 2013, compared with 57.7 million mt loaded onto 628 ships in 2012.

A total of 136 China-bound ships loaded 15.2 million mt of coal exports at Gladstone port in 2013, and another 450,000 mt of coal cargo was put onto six ships sailing to the Chinese territory of Hong Kong.

This represented an increase of 29.7% on Gladstone's exports of 12.1 million mt to China and Hong Kong in 2012, including 600,000 mt loaded onto eight ships for Hong Kong customers.

Japan retained its ranking as the number one destination for Gladstone coal exports in 2013, with 19.6 million mt shipped to the Asian country on 196 cargo vessels, an increase of 8% on its volumes for 2012 of 18.1 million mt.

India was the destination for 11.22 million mt of Gladstone's coal exports in 2013, in line with its 2012 volume of 11.28 million mt.

South Korean coal buyers booked 8.7 million mt of coal cargo from the port, up marginally from its take of 7.9 million mt in 2012.

Taiwan's share of Gladstone's coal market declined slightly to 3.1 million mt in 2013, compared with 3.9 million mt in 2012.

Outside of these destinations, the remaining 3.5 million mt of Gladstone's 2013 coal exports went mostly to European countries.

Topics:  coal gladstone port gladstone ports corporation resources wiggins island



Science Festival seriously awesome

CALLING everyone who wants to see, hear and be a part of something totally cool: this is where you need to be this March.

Drink where the cool kids do this summer

There are a bunch of new bars open in Brisbane, make sure you're there!

CHECK out these new funky bars.

Discover Brisbane’s laneway gems

Brisbane's laneways will surprise you.

NOT all of Brisbane City is as it seems…

Top five things to experience this summer in Brisbane

Tangalooma is amazing if you're keen for a dive, kayak or swim.

THIS summer get out and explore your capital city.

Don’t go chasing waterfalls…find them on these drives!

The Scenic Rim is just one place nearby that you'll love.

BRISBANE isn’t all bright lights and city slickers.

Your boots are made for walking these tours

Brisbane Greeters tours are a great way to learn the local history of the city.

YOU don’t need a bike or bus for a seriously good tour of Brisbane.

Is Brisbane the new arts and culture capital?

Check out GOMA's latest exhibition - it's all about hair! GOMA 10 Ambassador Patience Hodgson visits Nervescape V 2016 by Icelandic artist Hrafnhildur Arnardóttir (aka Shoplifter), commissioned for ‘Sugar Spin: you, me, art and everything’ at the Gallery of Modern Art, Brisbane. 
Photograph: Natasha Harth, QAGOMA

THE rest of the world should be envious of this line-up!

War of words as Bundy leader calls Gladstone a 'one trick town'

WHO WINS: Which harbour would you rather have your boat in? (Left, Gladstone, right Bundaberg).

STOUSH erupts as Gladstone's mayor jumps to city's defense.

Jobless, he moved to Gladstone after a life-changing accident

THINKING DIFFERENTLY: Golden Casket Gladstone Newsagency's new owners Andrew and Sonya Sims with their son Jakob, 11. They have plans to put a cafe style area out the back of their store.

"Basically I smashed up my right leg down to my shin and shoulder..”

BREAKING: Gladstone island resort sold to international investor

OUR PICK: Chris Foey's colourful shot of one of Gladstone's great tourism hot spots, Heron Island.

International investor snaps up piece of Gladstone paradise.

Local Partners

MKR rocked by satay sauce cheating scandal

WE ALL know what satay sauce is, right? Alyse and Matt didn't when they served it up on their MKR restaurant. Slammed by everyone, their reaction was gold.

'Nasty' Married At First Sight groom ripped apart on TV

Anthony gets torn down during the Married At First Sight commitment ceremony.

MAFS groom Anthony faces the music after fiery dinner party.

MOVIE REVIEW: Matt Damon's The Great Wall gets lost

Matt Damon fails in a scene from the movie The Great Wall.

Did The Great Wall get lost in translation?

Paul Murray listens to regions

Paul Murray is taking his Sky News show on the road to shine a spotlight on regional Australia.

Radio broadcaster wants viewers to 'turn up and fire up'

Why Hollywood’s siding with Brad Pitt over Angelina Jolie

Jolie may have the kids, but Pitt has custody of Hollywood

'Unexpected': Young Gladstone dancer shocked by talent quest win

PROUD PERFORMER: Dancer Yasmine McGuiness couldn't wipe the smile off her face after winning the Fast Track Talent Quest.

DANCER Yasmine McGuiness stole the show in tonight's final

Tensions high at pointy end of MKR's round two

Things are really heating up on My Kitchen Rules.

Games are being played around the My Kitchen Rules table

Expert: Why renters, home buyers may struggle

Matusik Property Insights director Michael Matusik.

What's next for the city's housing market

Massive seaside development of 3200 lots

DESIRABLE LIFESTYLE: The masterplan for the proposed Elliott Heads Estate.

"There's nothing else left along the coastline of Queensland now"

Potential home buyers punished for doing the 'right thing'

Should I go to university or buy a house?

50 more high rise buildings planned for Brisbane CBD

Height limits have been scrapped for Brisbane CBD

800,000 more people expected to work in city over next 20 years

New suburb in the crosshairs of Coast vandals

UNDER WRAPS: Graffiti on art installations at the entrance to the newly opened Bells Creek Arterial Road has been covered up.

Vandal rechristens Stockland as something less than complimentary

Ready to SELL your property?

Post Your Ad Here!