Coal shipments from the Port of Gladstone in Australia rose to a 22-month high in October on a strong lift in exports bound for India and South Korea, data released by the Gladstone Ports Corporation on Tuesday showed. Receive daily email alerts, subscriber notes & personalize your experience. Register Now A total of 6.69 million mt of coal was shipped from the Queensland port in October, up 10% year on year and 16% from September, the data showed. About 70% of the coal handled at Gladstone is metallurgical coal, GPC said. Over January-October, the port shipped out 55.68 million mt of coal, which means an annualized rate of 66.85 million mt. If Gladstone’s coal exports remain at this rate for the rest of the year, however, it will be the lowest volume of exports since 2013 when they stood at 62.74 million mt. Exports peaked in 2015 […]