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Cline Mining Corporation T.CMK



TSX:CMK - Post by User

Comment by waterboy2on Dec 08, 2011 9:02am
183 Views
Post# 19302784

RE: Queensland Rains

RE: Queensland Rains

Newcastle vessel queue stands at the year-to-date high

Thursday, 08 Dec, 2011

According to McCloskey, the vessel queue at Newcastle continues to rise, hitting a year to date high of 66, with estimated

vessel waiting time of 25 days. This was due to heavy rain, shceduled maintenance work and rush by shippers to complete

delivery obligations by end year.

The Hunter Valley Coal Chain Coordinator forecasts the queue to ease to around 55 vessels by the end of December.

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