Japan tops coal exports out of Gladstone

JAPAN was the destination for the greatest export of coal from Gladstone during May.

Coal heading for Japan was 2.42 million tonnes over the month, a 36% increase on April, and a two-year high, according to the Gladstone ports Corporation.

Japan received 9.5 million tonnes of coal from Gladstone between January and the end of May, an increase from 9.2 million tonnes in the same period in 2014.

The closure of all of the country's 50 nuclear power plants following the earthquake and nuclear accident in 2011 at Fukushima is regarded as one of the major factors in its increased need for coal.

India was the second-largest importer of coal from Gladstone last month at 1.27 million tonnes, an increase of 46% from April.

Ships bound for India have taken on 4.95 million tonnes of coal between January and the end of May; similar to last year's total for the same period.

Meanwhile, coal exports to China from our port reduced to 750,000 tonnes, a 25% reduction from one million tonnes in April.

A total of 4.3 million tonnes were shipped to China in the January to May period, compared to 7.4 million tonnes in the same period in 2014.

Exports to Korea and Taiwan remained steady at 807,785 and 249,052 tonnes respectively.

Indonesia received 121,000 tonnes of coal during May, while there were no records of Indonesian exports in April.

Total coal exports for May were 5.74 million tonnes, up slightly from 5.45 million tonnes in April. The year-to-date total is 26.9 million tonnes.

Alumina was the next highest shipped commodity during May, at 472,484 tonnes, with 122,697 heading to smelters in Australia, followed by Russia (79,887), United Arab Emirates (52,500) and Qatar (47,250).

Total alumina shipments for April were 442,329 tonnes.

There were three coal ships being loaded at the RG Tanna Coal Terminal yesterday afternoon and 13 waiting at anchor at Fairway Buoy.

SPEAK UP: What do you think about the export totals? Get in touch on 4970 3030 or allen.winter@gladstoneobserver.com.au



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