Newcastle Coal Miners Seek Shipping Capacity Increase to 153 Million Tons

Bloomberg.com reports that producers from the Australian port of Newcastle- which is the world’s largest port for power-station fuel, are looking to increase their shipping to 153 m tonnes by 2014.

The story is quoted as saying:

Coal companies want shipping capacity to rise to 153 million metric tons a year from 113 million tons now, Port Waratah Coal Services Ltd. said in an e-mailed statement today. Documentation on the development of an additional terminal will be submitted to the New South Wales government “in coming days,” Port Waratah said.

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