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FALLS IN COAL INDUSTRY BEING FELT IN PORT OF NEWCASTLE

PHOTO: Courtesy of the Port of Newcastle. 

A decrease in coal exports is being felt in the Port of Newcastle, with the company recording a drop in trade.

About 158 million tonnes of coal was exported through the port last year, a 0.6% drop from 2014.

The port says the decrease in coal exports is a reflection of current difficult market conditions.

Meantime, the port recorded a more than 25% increase in fuel trade and a 120% increase on the import and export of meals and grains, with almost 423,000 tonnes moved through last year.

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