Sunday, June 17, 2007

Coal Delivery by Rail to Australia's Newcastle Rise After Storm Last Week

(Bloomberg) -- Coal deliveries by rail to
Australia's Newcastle Port have reached between 50 percent and 70
percent of targeted capacity after a six-day halt last week due
to storms that brought heavy rain.

Deliveries are expected to reach 80 percent or more of
capacity ``towards the middle of this week,'' the Hunter Valley
Coal Chain Logistics Team, the coordinator of coal movements on
the railway between the mines and the port, the world's biggest
coal-export harbor, said today in a statement on its Web site.


Read more at Bloomberg Energy News

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