New Hope shiploader damaged, faces weeks of delay

15th November 2016 By: Esmarie Iannucci - Creamer Media Senior Deputy Editor: Australasia

New Hope shiploader damaged, faces weeks of delay

Photo by: Bloomberg

PERTH (miningweekly.com) – Severe weather conditions have damaged the shiploader at coal miner New Hope’s wholly owned coal terminal in Queensland.

The miner said on Tuesday that the shiploader was inoperable, and that a preliminary assessment had showed that it could take several weeks for the shiploader to be repaired.

During this time, the terminal would not be capable of loading coal onto ships.

New Hope added that the financial implications of the event were being assessed, but noted that delays to shipments could result in lower sales for the current financial period.