Newcastle chairman: coal puts port at financial risk

The newly-appointed chairman of the Port of Newcastle Board has said that the ports reliance on coal – which accounts for 90% of its business – as its core cargo puts the facility at financial risk.

The newly-appointed chairman of the Port of Newcastle Board has said that the port’s reliance on coal – which accounts for 90% of its business – as its core cargo puts the facility at financial risk Photo: Kate Ausburn/flickr/CC BY 2.0

The newly-appointed chairman of the Port of Newcastle Board has said that the ports reliance on coal - which accounts for 90% of its business - as its core cargo puts the facility at financial risk.