(Bloomberg) -- The number of ships waiting to load
coal at Newcastle, Australia, the world's largest coal-export
harbor, increased to a record, lengthening delays and raising
costs for producers and buyers.
The number of ships queuing outside the port in New South
Wales state rose to 79 yesterday from 75 a week earlier,
according to data posted on Newcastle Port Corp.'s Web site
today. Ships waited an average of more than 30 days to load coal,
compared with 0.33 days for general cargo ships, it said.
Read more at Bloomberg Commodities News
coal at Newcastle, Australia, the world's largest coal-export
harbor, increased to a record, lengthening delays and raising
costs for producers and buyers.
The number of ships queuing outside the port in New South
Wales state rose to 79 yesterday from 75 a week earlier,
according to data posted on Newcastle Port Corp.'s Web site
today. Ships waited an average of more than 30 days to load coal,
compared with 0.33 days for general cargo ships, it said.
Read more at Bloomberg Commodities News
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