{"id":21362,"date":"2020-11-13T16:14:00","date_gmt":"2020-11-13T13:14:00","guid":{"rendered":"https:\/\/www.al-sindbad.net\/stranded-coal-ships-in-crosshairs-of-china-australia-spat\/21362\/"},"modified":"2020-11-13T16:14:00","modified_gmt":"2020-11-13T13:14:00","slug":"stranded-coal-ships-in-crosshairs-of-china-australia-spat","status":"publish","type":"post","link":"https:\/\/www.al-sindbad.net\/stranded-coal-ships-in-crosshairs-of-china-australia-spat\/21362\/","title":{"rendered":"Stranded Coal Ships in Crosshairs of China-Australia Spat"},"content":{"rendered":"<p><\/p>\n<p>Fifteen of the ships have been waiting since June, and the remainder have been delayed for at least four weeks, according to an analysis of shipping data conducted by Bloomberg. The northern port is one of the nation\u2019s key gateways for metallurgical coal imports used in steel production.<\/p>\n<p><\/p>\n<p>The delays come as a political spat between the two countries escalates into a one-sided trade war, with China blacklisting commodities and foodstuffs from coal to lobster. Trade this year had also been ensnarled in virus measures amid port restrictions to halt the spread of Covid-19. A little bit more than 2 million tons of coal is held in the ships near Jingtang.<\/p>\n<p><\/p>\n<p>China adopted tariffs of about 80% on Australian barley in May, ratcheting up tensions, and ordered traders to stop purchasing at least seven categories of Australian commodities from as early as last week. Beijing has effectively banned imports of Australian coal for the last month with ships unable to clear customs, according to Braemar ACM Shipbroking.<\/p>\n<p><\/p>\n<p>\u201cSome ships have been waiting for months,\u201d said Nick Ristic, a dry bulk analyst with Braemar. Many ships that were on schedule to deliver Australian coal to China are being diverted to India or Vietnam, while others continue to wait at Chinese ports, according to a recent report from the shipbroker.<\/p>\n<p><\/p>\n<p>China\u2019s General Administration of Customs didn\u2019t immediately respond to a request for comment. An official from the Department of Party Affairs at Tangshan Port Group Co., which owns the Jingtang terminal, declined to comment, as did an official in the company\u2019s investor relations department.<\/p>\n<p><\/p>\n<p>Under normal conditions ships typically take a few days to berth at Jingtang, although the duration can increase to 15 to 20 days if it\u2019s busy, according to a person familiar with port operations, who asked not to be identified.<\/p>\n<p><\/p>\n<p>Nations must live up to their World Trade Organization obligations and play by international trade rules, the Australian Ambassador to China, Graham Fletcher, said Thursday on a panel discussion at a forum in Beijing.<\/p>\n<p><\/p>\n<p>\u201cWhen trade is treated as a political tool, we all suffer,\u201d he said, without naming any specific country.<\/p>\n<p><\/p>\n<p>China this week banned timber shipments from Australia\u2019s Victoria state following a halt last month to log imports from Queensland, after the country\u2019s customs said it found pests during checks.<\/p>\n<p><\/p>\n<p>China\u2019s imports of Australian coal got off to a scorching start this year as power plants pulled in tankers full of the high-quality fuel while domestic mines were disrupted by the pandemic. Since May, when speculation began that China had once again started shunning Australian supplies, imports fell to about 32 million tons through the end of September, down from approximately 42 million over the same period in 2019.<\/p>\n<p><\/p>\n<p>Nine of the cargoes originated from Hay Point in Australia, with eight from Gladstone and four cargoes from Dalrymple Islet.<\/p>\n<p><\/p>\n<p>\u2013With assistance from Winnie Zhu, Ann Koh, Lin Zhu, James Thornhill, Sarah Chen and James Mayger.<\/p>\n<p><\/p>\n<p><em>\u00a9 2020 Bloomberg L.P.<\/em><\/p>\n<p>gCaptain<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Fifteen of the ships have been waiting since June, and the remainder have been delayed for at least four weeks, according to an analysis of shipping data conducted by Bloomberg. The northern port is one of the nation\u2019s key gateways for metallurgical coal imports used in steel production. The delays come as a political spat &hellip;<\/p>\n","protected":false},"author":1,"featured_media":21363,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[56],"tags":[6601,2367,9763,1241,13327,2797],"class_list":["post-21362","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-marine-world","tag-chinaaustralia","tag-coal","tag-crosshairs","tag-ships","tag-spat","tag-stranded"],"_links":{"self":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/21362","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/comments?post=21362"}],"version-history":[{"count":0,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/21362\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media\/21363"}],"wp:attachment":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media?parent=21362"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/categories?post=21362"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/tags?post=21362"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}