Port Congestion Becomes Worse in Australia, Global Ports Says

February 15, 2010, 12:13 pm | Admin

From Bloomberg:

By Alistair Holloway

Feb. 15 (Bloomberg) — Congestion worsened last week at Australia’s main coal and iron-ore ports, according to Global Ports, which tracks delays.

A total of 181 capesize-, panamax- and handymax-class ships were anchored at the country’s main coal and iron-ore ports as of Feb. 12, Truro, England-based Global Ports said in an e-mail today. In the next 14 days, 153 vessels were scheduled to arrive, it said. That compares with 173 anchored ships and 163 expected arrivals in the prior week.

Australia’s Hay Point port is now open for loading after a berth was damaged, Global Ports said.

The number of capesizes, typical iron-ore and coal transporters, at major berths in China rose to 61 last week from

54 the week before, according to Global Ports. Another 86 of the vessels are expected to arrive in the next two weeks, up from 59 the week before, it reported.

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