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Iron ore and coal can significantly increase in price from-for quarantine in Australia

Mining industry / Analytics

In the largest port terminals Australia started congestion after the announcement of quarantine measures in relation to crews arriving from China.

Iron ore and coal can significantly increase in price from-for quarantine in Australia
Фото: Порт-Хедленд, Австралия

the Decision of the Australian government to introduce a 14-day quarantine for ships that are leaving mainland China after February 1 and sent to Australian ports will cause problems with the supply of Australian energy and minerals.

According to the quarantine order all the crews of ships arriving from China, will be isolated for 14 days. This can cause delays in the schedule of ships arriving from China for cargoes of Australian iron ore, liquefied natural gas (LNG), bauxite, and other minerals that abound in Australia. It can also lead to delays of ships, who need Australian pilots to navigate through the Great barrier reef at their approach to the coal terminals in Queensland, because the staff often joins vessels at some distance from the port.

the Court shall declare whether any of the crew members symptoms such as fever, shortness of breath or flu-like symptoms. If during the quarantine period, there are any diseases on ships from mainland China, the quarantine will be extended for another 14 days.

the Uncertainty caused by a possible extension of quarantine is likely to cause particular problems for multiplayer ports, such as the largest iron ore terminal Port Hedland and coal terminals in Queensland. Today, these ports have complex timetables designed to ensure the maximum turnover of goods amid rising demand.

On the East coast of Australia the queue for delivery is longer than usual because of increased activity and some difficult weather conditions over the past two weeks. In most Northern coal port in Queensland Abbott point today was 13 ships compared to four on average for this season, while in Gladstone, there were 27, which is about twice the average.

last week, shipments of iron ore from Australia for 7 days in total amounted to 15.8 million tons, of which 12,9 million tons were shipped to China.

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