Vessels in port
Vessel queue at South Africa’s Richards Bay Coal Terminal falls
Fifteen ships were queuing at the Richards Bay Coal Terminal in South Africa Wednesday, down slightly from 17 two weeks earlier, according to cFlow, S&P Global Platts trade flow software. The reduction of the queue is understood to be caused by an easing of supply tightness which had been in place for the last few months, although sources said the current situation was not having much direct impact on prices. “Nothing seems seriously delayed” a sell side source said. Stocks at the terminal were heard to be around 4 million-4.3 million mt, having been below the 4 million mt level for most of May.
Vessel queue at South Africa Richards Bay Coal Terminal up on week
Twenty-one ships were delayed at the Richards Bay Coal terminal in South Africa Wednesday, up from 12 last week, according to cFlow, Platts trade flow software. Delays had been easing the last two weeks as adverse weather conditions in the area subsided, but high wind and swells reduced the operating schedule of the port and caused the number of delayed ships almost to double. As well as the weather, increased shipping from the terminal in the last few weeks had contributed to the vessel build-up, sources said. Ten ships were returning from India, Pakistan, or Bangladesh, three from China, South Korea, and Singapore, and eight from Mozambique, Kenya, or other ports in South Africa. Four ships were moored at loading terminals and berths. The average deadweight tonnage of the delayed ships was 76,491 mt. Market sources estimate around 3.8 million mt of coal in stockpiles at RBCT Wednesday, having been around 4.5 million mt two weeks earlier. Source: Platts
Vessels delayed at Richards Bay Coal Terminal rise to 35
There were 35 ships delayed outside Richards Bay Coal Terminal in South Africa on Wednesday, up from 27 two weeks ago, S&P Global Platts trade flow software cFlow showed. The rise in delayed ships is due to high winds and swells in the area which caused further delays from Monday, according to market sources. Shipping sources expected the delays to continue in the near-term as further bad weather was forecast through to the weekend and over the coming week. The Supramax size Ocean Pearl was originally expected to arrive at RBCT on November 5, while the remaining 34 delayed ships were expected to arrive between December 4-20. Sixteen of the vessels are returning from India; three from Kenya, Mauritius and Singapore; two from Sri Lanka; one vessel each from Pakistan, the Maldives, Malaysia, and the United Arab Emirates; and four are returning from other ports in South Africa. Nine ships were moored at loading berths. The average deadweight tonnage of the delayed ships is 78,735 mt.Upload News