China’s Guangzhou port says coal imports operating normally after storage halt
Guangzhou port, the largest coal transport hub in southern China, said on Thursday that coal imports were operating normally after typhoon weather had caused a backlog that left storage facilities temporarily unable to accept new cargoes.
“Coal imports operations are operating normally,” Guangzhou Port Co said in a filing to the Shanghai Exchange on Thursday.
Reuters reported on Wednesday that Guangzhou, with 14 coal berths and capacity to handle 60 million tonnes of shipments per year, had halted operations, including foreign coal imports.
The move surprised traders, who said they hadn’t received official information on why operations had been halted, and feared a ban on imports was being implemented in the wake of similar curbs at other China ports.
The port, however, said on Thursday that it had not received notice of any official import restrictions.
“Guangzhou port has not received any notices from customs regarding any curb on coal imports,” a port official told Reuters earlier on Thursday. “Neither did the port send out any notices to its clients … As of this week, we still have foreign coal cargo ships coming into the port.”
Thomson Reuters shipping data showed that at least one thermal coal cargo ship left the port on Thursday morning empty, after arriving there fully laden in the early morning hours of Sept. 4.
The latest port filing showed August’s cargo throughput of all products, including coal, was at 35.5 million tonnes, up 3.8 percent from a year ago, but down from 38.45 million tonnes in July.
Prior to the port filing, the reports of disruptions had rekindled worries about tightness in the market amid declining domestic production and more stringent port checks on coal cargoes.
Mining caps and closures last year resulted in huge rises in coal prices which took many in the market by surprise.
China’s coal production in July fell to its lowest level since October 2016 due to a flurry of environmental checks at coal mines. Coal imports also touched a five-month low in July.
About Guangzhou Port Group
Guangzhou Port Group Co., Ltd. established on Feb. 26, 2004, is a wholly state-owned company. Approved by Guangzhou Municipal Government, it was reformed from the former Guangzhou Harbor Bureau in accordance with relevant Chinese laws on modern enterprise mechanism.
Guangzhou Port Group Co., Ltd. covers business as: loading & discharging, storing, bonded warehousing for cargoes as containers, oil, coal, grain, chemical fertilizer, steel, ore, automobiles etc.; agencies for ships & cargoes from home and abroad, as well as for transshipment & passenger transportation; tuggage for domestic and foreign ships; waterway cargoes & passengers transportation; logistics services; and other relevant port business.
As the largest comprehensive hub port in South China, Guangzhou Port Group possesses 56 berths, 16 buoys and 23 anchorages each of 10,000 tonnage-class and the largest capacity to be 300,000 tons. In 1999, Port of Guangzhou broke its annual throughput record of 100 million tons, to be the second port in Mainland China with such achievement. Afterwards, the port was making great progress year by year. In 2015, Guangzhou Port Group handled 388 million tons and 15.03 million TEUs.
Guangzhou Port Group insists on customer-focus and reliable credibility. We devote ourselves to serving clients with high safety, quality, efficiency and convenience. We look forward to cooperating with partners of various circles from home and abroad, for mutual benefits and developments.
Guangzhou Port Group will speed up its construction and renovation, to solidify its current South China’s largest comprehensive hub port position and bulid Guangzhou international shipping hub in the coming future. It intends to create Guangzhou Port Group brand as a real multi-functional, professional logistics distribution center through a series of steps: to complete the constructions of Nansha Terminal Project, Xinsha Terminal Project Phase II, so as to offer a batch of specialized deep-water berths for containers, grain, bulk; to complete Guangzhou Port Plaza Project, Renovation Projects for Huangsha Aquatic Products Wholesale Market and Zhoutouzui District, so as to enhance its integrated strength; and to introduce information platform for port operation.
Guangzhou Port Group pursues to become a world-class port enterprise of optimized structure, complete functions, efficient management, strong integrated competition. We offer our best service to clients over the world compliant with our corporate concept “World-class Port, World-wide Service”, and make our contribution to the society on the basis of our corporate spirit “Action with Innovation, Dedication to Development”.
Source: guangzhou port
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