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Bloomberg

China is set to allow some stranded Australian coal cargoes to unload, although it is unclear if the deliveries will be cleared by customs, according to a person familiar with the situation.
The measure does not mean China is loosening its ban on Australian coal imports, said the person, who asked not to be identified because the information is private.
Some ships may be allowed to change crews and the move may be viewed as a humanitarian gesture intended to show goodwill to countries including India, which have seafarers stranded on the vessels, said the person.
China’s customs administration did not immediately respond to a fax seeking comment.
What’s happened over the last nine months in China-Australia relations?
Some 61 bulk carriers are waiting to discharge Australian coal outside Chinese ports, according to shipping data compiled by Bloomberg.
The ships and crew, some of which have been in limbo for months, have been trapped between authorities who will not let them unload and buyers who will not let them leave.
While the Australian ban has never been publicly acknowledged by Beijing, Chinese power stations and steel mills were verbally told to stop using the fuel in mid-October.
Authorities also ordered traders to halt purchases of a raft of the country’s commodities, including coal, from early November.


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China-Australia relations

China-Australia relations: some stranded Australian coal cargoes set to be unload

Some ships may be allowed to change crews and the move may be viewed as a humanitarian gesture intended to show goodwill to countries including India, which have seafarers stranded on the vessels, said the person. Photo: Reuters

Some ships may be allowed to change crews and the move may be viewed as a humanitarian gesture intended to show goodwill to countries including India, which have seafarers stranded on the vessels, said the person. Photo: Xinhua

China-Australia relations: iron ore prices helped offset weakened trade with China in 2020

Shipping containers sit stacked at the Port of Brisbane in Australia last year. Photo: Bloomberg

Australia faced several disruptions in its trade with China last year. Photo: Getty Images

China-Australia relations: state media blast ‘disingenuous’ comments from PM Scott Morrison

Australian Prime Minister Scott Morrison has reiterated that his country remains committed to engaging with China. Photo: Bloomberg

Australian Prime Minister Scott Morrison is seen with Chinese President Xi Jinping in 2019 during the G20 summit in Osaka, Japan. Photo: Handout

China-Australia relations: Australian iron ore giant Fortescue ‘well-placed’ to meet China’s strong demand

Last week, Australia’s Fortescue Metals Group forecast half-year net profit after tax of between US$4 billion and US$4.1 billion, a solid jump from the US$2.45 billion recorded a year earlier. Photo: AFP

Last week, Australia’s Fortescue Metals Group forecast half-year net profit after tax of between US$4 billion and US$4.1 billion, a solid jump from the US$2.45 billion recorded a year earlier. Photo: Shutterstock

China-Australia relations: coal, cotton curbs could violate trade rules, lawyers say

Last week, China’s political friction with Australia rose after Chinese authorities started asking importers verbally not to buy Australian coal and cotton. Photo: Bloomberg

Last week, China’s political friction with Australia rose after Chinese authorities started asking importers verbally not to buy Australian coal and cotton. Photo: Reuters

China’s ban on Australian coal drives diversification, but can it fill the gap?

Amid worsening bilateral ties, China unofficially banned Australian coal in October and again in November. Photo: Reuters

Amid worsening bilateral ties, China unofficially banned Australian coal in October and again in November. Photo: Xinhua

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China has never publicly acknowledged a ban on Australian coal imports, but power stations and steel mills were verbally told to stop using the fuel in mid-October
Some 61 bulk carriers are waiting to discharge Australian coal outside Chinese ports, some of which have been in limbo for months



China has never publicly acknowledged a ban on Australian coal imports, but power stations and steel mills were verbally told to stop using the fuel in mid-October.


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Australian Economy

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