MANAGEMENT

Newcastle port offers coal exporters long-term price deal

THE Port of Newcastle is offering coal exporters a more than 20% discount on the per gross tonne price it has been cleared to charge if they enter into long-term bilateral agreements.

Newcastle port users are facing increased port charges.

Newcastle port users are facing increased port charges.

In October the Australian Competition Tribunal determined $1.04 per gross tonne was a fair price to charge to access the port. The Navigation Service Charge spot charge for coal cargo in 2019 was 78c/gt....

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