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 Newcastle coal loader sits quietly: $60m loss for industry 

Newcastle coal loader sits quietly: $60m loss for industry

16 Mar, 2010 12:07 PM
NEWCASTLE's coal berths sat eerily quiet yesterday while 53 ships sat waiting for trains to bring coal to the port.

Loader operator Port Waratah Coal Services (PWCS) said yesterday that Saturday's Whittingham derailment cost the industry 419,000 tonnes of coal movement while track and loader maintenance cost another 151,000 tonnes.

PWCS would not put a dollar figure on the losses but Hunter steaming coal has been bringing $100 a tonne, putting the cost at about $60 million.

Despite the presence of more than 500,000 tonnes of coal at the port's Kooragang and Carrington coal terminals, none of the partial cargoes were enough to assemble a full cargo, meaning that all five of the port's coal terminals sat empty.

Operations are expected to return to normal during the week but a weekly report published yesterday by the Hunter Valley Coal Chain Co-ordinator shows Newcastle coal experts are already 10 per cent behind target for the year.

Co-ordinator spokesman Jonathan Vandevoort said the derailment and four days of scheduled track maintenance would inevitably add to the shipping queue.

State Government rail investigators said the 30-carriage grain train was on it way to Werris Creek when it derailed.

Track operator Australian Rail Track Corporation said that it had the line to Newcastle open and full services were expected to resume at about 1am today.

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Date: Newest first | Oldest first
These things happen, as unfortunate as they may be. When you have such a complex system as part of the supply chain, something small but uncalculated can cause significant disturbances. This doesn't really change the fact that this industry exports over $10 billion worth of mineral wealth from our city each year and this will continue into the future with strong growth prospects ahead.
Posted by ZZP, 16/03/2010 6:56:32 AM, on The Herald
Surely many of the consignments should be assembled up the valley and transported by covered conveyor to the ships. This would provide a backup in the even of failure.
Posted by Bigfeller, 16/03/2010 8:41:39 AM, on The Herald
You forgot to mention the coal from the Gunnedah region that failed to get to Newcastle all last week because a level crossing in Scone was closed for upgrading work. The huge backlog of coal trains eventually started rumbling through Scone on Friday night but by morning had stopped again due to the Whittingham derailment. The ships might be queueing up in Newcastle but let me tell you it's been lovely and quiet here in Scone for a change!!
Posted by the rat, 16/03/2010 9:10:34 AM, on The Herald
excellent work god.....
Posted by judgedredd, 16/03/2010 10:36:45 AM, on The Herald
Immediately after 4 days closure for track maintenance a derailment occurs. Some maintenance program!
Posted by ColT, 16/03/2010 11:07:00 AM, on The Herald
$60M what aload of garbage, who do you think we are ....idiots, losses would only be i minute % of that
Posted by Johno, 16/03/2010 12:40:37 PM, on The Herald
This overcongestion of two rail lines that service public, container, wheat and coal will only get worse and who will suffer the public of course with a less reliable time table. The coal companies create the damage with heavier and heavier frieght put on the rails. Then have the gall to complain when something happens. Why don't they put the money forward to biuld a duplication of existing lines to service their mines. Not just run spurs into a existing network that was built in the 30s. They do it in WA and QUeensland. We are at saturation point now and we are looking at capacity from both loaders in the near future. Look further than your profits and plan for the future
Posted by mick c, 16/03/2010 2:22:54 PM, on The Herald
I'm with you judgedredd! I hope He's a bit bored again soon.
Posted by boohoo, 16/03/2010 2:57:03 PM, on The Herald

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THE CULPRIT: The train derailment at Whittingham has cost the industry dearly. - Picture by Julie Beal
THE CULPRIT: The train derailment at Whittingham has cost the industry dearly. - Picture by Julie Beal

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