The Port of Gladstone expects to reach full export capacity by the end of March, as the first coal shipments from the Blackwater line are expected this week. The ports of Bundaberg and Alma remain closed.
Arch Coal, Inc. announced an agreement with Canadian Crown Corporation Ridley Terminals Inc. to facilitate coal exports to Pacific Rim markets. The five-year agreement will give Arch throughput capacity at the terminal of up to 2 million t of coal for 2011 and up to 2.5 million t of coal for 2012 through 2015.