Australian Coal Export Ports Threatened by Cyclone

Tropical cyclone Kirrily is tracking toward the state of Queensland in northeastern Australia, making coal port operators nervous about operations and exports.   Cyclone Kirrily is expected to make landfall on Queensland’s coast and islands late on January 24 or early on January 25. Coal ports near the Bowen Basin, which contains the largest coal reserves in Australia, are expected to be most affected by the path of the cyclone, according to Argus.   The Abbot Point, Dalrymple Bay (DBCT), and Hay Point terminals are on the…