RIV 0.00% $16.20 riversdale mining limited

coal could rise up to 50 percent .., page-3

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    I was on a yacht sailing from Sydney to Newcastle on 28th December (stayed over night in Newcastle harbour). Very interesting to sail through all the bulk coal ships waiting to be loaded.

    I counted 33 coal ships from just north of the Entrance to Newcastle. They are very big when you approach them at sea.

    I suppose the same thing is happening off Port Kembla.

    Newcastle is an interesting harbour to sail into. There was a large ship in floating dry-dock next to where we tied up undergoing repairs well into the night. There was also a massive super-yacht about 140m long tied up nearby.
 
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