Construction is nearing completion on the final stages of Newcastle's third coal loader.
The loader, which will be operated by the Newcastle Coal Infrastructure Group, has reached the final mechanical stages, according to the ABC.
The loader is the third massive coal loader for Newcastle.
During recent test runs it was operated at maximum capacity.
After five years of construction the project is nearly finished, although there is still some final commissioning works.
Once fully operational it will increase exports to 66 million tonnes, lifting the port's total coal exports to more than 200 million tonnes annually.
Plans for the development of the fourth coal loader in Newcastle, at Kooragang Island, are likely to be shelved.
Port Waratah Coal Services, which won the rights to construct and operate the loader, stated that drawn out approvals processes and falling coal demand was behind its slating.