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Monday, 17 May 10
NEWCASTLE COAL QUEUES COULD BE HISTORY - THE HERALD
 NEWCASTLE'S infamous coal queues could be a thing of the past if a plan to have the ships anchor over the horizon succeeds against the doubts of its critics. Announced in December 2008 and criticised by the coal and shipping industries ever since, the Newcastle Port Corporation vessel arrival system is due to come into force on July 1.
From then on, coal ships will be penalised with a loss of their turn in the queue or be denied entry to the port if they anchor off Newcastle more than two days before they are due to load coal.
Instead of anchoring, as they do now, for a fortnight or more at a time, coal ships on their way south from Japan and other Asian ports will be asked to wait at one or both of two designated drifting areas.
The first is just north of the equator, a few hundred nautical miles north of New Guinea and the other about 120 nautical miles off the NSW coast between Old Bar and Newcastle.
Shipping Australia chief executive Lew Russell said he understood why the port corporation wanted the system but he feared it was destined for the courts.
"This was thought up after the Pasha Bulker storm and they decided the Newcastle anchorage was unsafe," Mr Russell said.
"But now instead of being anchored you've got ships drifting out in the open ocean. I will say the corporation has done a lot of consultation on it and they are well aware of everyone's concerns.
"I hope it works but I think it will end up in court and they'll have egg on their face because they are trying to direct ships to sit north of New Guinea when their jurisdiction ends a few miles outside the port."
The port corporation was unable to comment on the plan yesterday but information sent this week to coal shippers confirms "concern was raised as to the safety of vessels while drifting".
Voluntary trials began earlier this year and the compulsory start was delayed from May 1 to June 1.
"As phase three is introduced vessels will no longer be allowed to anchor until 48 hours prior to their estimated loading time," the corporation said.
The corporation has "suggested drifting areas that are outside shipping lanes" but it warns that shipping masters are responsible for the safety of their vessels.
While high demurrage (or late-loading charges) were also cited as a reason for the vessel arrival system, the corporation concedes the system "does not change the total demurrage pie".
Source: The Herald / Hellenic Shipping
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Thursday, 19 May 11
INDONESIAN COAL EXPORTS DROP 7.98 PERCENT IN APRIL
COALspot.com - Indonesian coal exports dropped to 2.168 million tons in April, and up 7.13 percent on the year and 7.98 percent below March, a ...
Thursday, 19 May 11
OVERSUPPLY, VERY LARGE ORE CARRIERS EAT UP ON DRY BULK FREIGHT RATES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
After a brief upward momentum which ended early last week, the Baltic Dry Index, the dry bulk market’s benchmark has returned to its usual pat ...
Wednesday, 18 May 11
THE US COAL INDUSTRY LOGGED EXPORTS OF AROUND 25M TONNES IN 1Q OF 2011 - BRS
Another slow decline in the bulk markets this week, with the BCI losing the most at nearly 5%, the BPI 2.8% and the smaller sizes sub-1% amounts. Th ...
Wednesday, 18 May 11
AKR AIMS TO SELL COAL WORTH RP216 BILLION - PAPER
Bisnis Indonesia, an Indonesia's one of the leading business paper reported that, PT AKR Corporindo Tbk has targeted coal sales valued at Rp216 bil ...
Wednesday, 18 May 11
OVERHAUL OF MINING LAW MAY DETER INVESTMENT, S&P SAYS - THE JAKARTA GLOBE
The Jakarta Globe, an Indonesian English language news paper reported that, A report by Standard & Poor’s Ratings Services that a regulatory ...
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- Straits Asia Resources Limited - Singapore
- Attock Cement Pakistan Limited
- GMR Energy Limited - India
- Bukit Makmur.PT - Indonesia
- Mercuria Energy - Indonesia
- Bhatia International Limited - India
- Energy Link Ltd, New Zealand
- Indonesian Coal Mining Association
- Indian Oil Corporation Limited
- Kohat Cement Company Ltd. - Pakistan
- Riau Bara Harum - Indonesia
- White Energy Company Limited
- Bukit Baiduri Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- New Zealand Coal & Carbon
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Aboitiz Power Corporation - Philippines
- Dalmia Cement Bharat India
- Australian Coal Association
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Chamber of Mines of South Africa
- Grasim Industreis Ltd - India
- Jindal Steel & Power Ltd - India
- Miang Besar Coal Terminal - Indonesia
- San Jose City I Power Corp, Philippines
- Bangladesh Power Developement Board
- Madhucon Powers Ltd - India
- Salva Resources Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Parry Sugars Refinery, India
- Directorate General of MIneral and Coal - Indonesia
- Electricity Authority, New Zealand
- Deloitte Consulting - India
- Electricity Generating Authority of Thailand
- Xindia Steels Limited - India
- Indo Tambangraya Megah - Indonesia
- Mjunction Services Limited - India
- Standard Chartered Bank - UAE
- GVK Power & Infra Limited - India
- Independent Power Producers Association of India
- Merrill Lynch Commodities Europe
- Ceylon Electricity Board - Sri Lanka
- Indika Energy - Indonesia
- Kumho Petrochemical, South Korea
- Oldendorff Carriers - Singapore
- Baramulti Group, Indonesia
- Sree Jayajothi Cements Limited - India
- Ministry of Finance - Indonesia
- PTC India Limited - India
- Leighton Contractors Pty Ltd - Australia
- PetroVietnam Power Coal Import and Supply Company
- Semirara Mining Corp, Philippines
- Intertek Mineral Services - Indonesia
- Videocon Industries ltd - India
- TeaM Sual Corporation - Philippines
- Global Green Power PLC Corporation, Philippines
- McConnell Dowell - Australia
- Kartika Selabumi Mining - Indonesia
- Malabar Cements Ltd - India
- Metalloyd Limited - United Kingdom
- Meralco Power Generation, Philippines
- Sindya Power Generating Company Private Ltd
- Sarangani Energy Corporation, Philippines
- Eastern Coal Council - USA
- Manunggal Multi Energi - Indonesia
- The State Trading Corporation of India Ltd
- European Bulk Services B.V. - Netherlands
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Siam City Cement PLC, Thailand
- Lanco Infratech Ltd - India
- Anglo American - United Kingdom
- Chettinad Cement Corporation Ltd - India
- Thai Mozambique Logistica
- Star Paper Mills Limited - India
- PowerSource Philippines DevCo
- Vijayanagar Sugar Pvt Ltd - India
- Africa Commodities Group - South Africa
- Orica Australia Pty. Ltd.
- Goldman Sachs - Singapore
- The University of Queensland
- Kepco SPC Power Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Australian Commodity Traders Exchange
- Bank of Tokyo Mitsubishi UFJ Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Heidelberg Cement - Germany
- Economic Council, Georgia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jaiprakash Power Ventures ltd
- Bukit Asam (Persero) Tbk - Indonesia
- Formosa Plastics Group - Taiwan
- Ministry of Transport, Egypt
- Coastal Gujarat Power Limited - India
- Central Java Power - Indonesia
- Wilmar Investment Holdings
- Price Waterhouse Coopers - Russia
- GN Power Mariveles Coal Plant, Philippines
- Renaissance Capital - South Africa
- Gujarat Mineral Development Corp Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Sical Logistics Limited - India
- Georgia Ports Authority, United States
- Pendopo Energi Batubara - Indonesia
- Cement Manufacturers Association - India
- Kaltim Prima Coal - Indonesia
- Central Electricity Authority - India
- Marubeni Corporation - India
- Barasentosa Lestari - Indonesia
- Samtan Co., Ltd - South Korea
- Bharathi Cement Corporation - India
- SN Aboitiz Power Inc, Philippines
- Eastern Energy - Thailand
- Larsen & Toubro Limited - India
- Semirara Mining and Power Corporation, Philippines
- Bhushan Steel Limited - India
- Timah Investasi Mineral - Indoneisa
- Banpu Public Company Limited - Thailand
- Directorate Of Revenue Intelligence - India
- Carbofer General Trading SA - India
- TNB Fuel Sdn Bhd - Malaysia
- Singapore Mercantile Exchange
- Ind-Barath Power Infra Limited - India
- MS Steel International - UAE
- Kalimantan Lumbung Energi - Indonesia
- LBH Netherlands Bv - Netherlands
- Power Finance Corporation Ltd., India
- Edison Trading Spa - Italy
- Therma Luzon, Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- Kideco Jaya Agung - Indonesia
- The Treasury - Australian Government
- Holcim Trading Pte Ltd - Singapore
- Borneo Indobara - Indonesia
- Agrawal Coal Company - India
- SMG Consultants - Indonesia
- Sojitz Corporation - Japan
- Port Waratah Coal Services - Australia
- Wood Mackenzie - Singapore
- OPG Power Generation Pvt Ltd - India
- Sakthi Sugars Limited - India
- Trasteel International SA, Italy
- Makarim & Taira - Indonesia
- London Commodity Brokers - England
- Global Business Power Corporation, Philippines
- ICICI Bank Limited - India
- CNBM International Corporation - China
- Tamil Nadu electricity Board
- Kapuas Tunggal Persada - Indonesia
- Toyota Tsusho Corporation, Japan
- Energy Development Corp, Philippines
- Global Coal Blending Company Limited - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Thiess Contractors Indonesia
- Aditya Birla Group - India
- Commonwealth Bank - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Antam Resourcindo - Indonesia
- Minerals Council of Australia
- Bhoruka Overseas - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Latin American Coal - Colombia
- Globalindo Alam Lestari - Indonesia
- IEA Clean Coal Centre - UK
- Coalindo Energy - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Posco Energy - South Korea
- CIMB Investment Bank - Malaysia
- Indian Energy Exchange, India
- Simpson Spence & Young - Indonesia
- ASAPP Information Group - India
- India Bulls Power Limited - India
- Meenaskhi Energy Private Limited - India
- Mintek Dendrill Indonesia
- Siam City Cement - Thailand
- Romanian Commodities Exchange
- Vizag Seaport Private Limited - India
- Indogreen Group - Indonesia
- Interocean Group of Companies - India
- Karbindo Abesyapradhi - Indoneisa
- Essar Steel Hazira Ltd - India
- Vedanta Resources Plc - India
- Bayan Resources Tbk. - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Krishnapatnam Port Company Ltd. - India
- Altura Mining Limited, Indonesia
- PNOC Exploration Corporation - Philippines
- Iligan Light & Power Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Petron Corporation, Philippines
- Tata Chemicals Ltd - India
- Coal and Oil Company - UAE
- Ambuja Cements Ltd - India
- South Luzon Thermal Energy Corporation
- Orica Mining Services - Indonesia
- Parliament of New Zealand
- Gujarat Sidhee Cement - India
- Ministry of Mines - Canada
- Planning Commission, India
- Asmin Koalindo Tuhup - Indonesia
- International Coal Ventures Pvt Ltd - India
- AsiaOL BioFuels Corp., Philippines
- SMC Global Power, Philippines
- Medco Energi Mining Internasional
- Maharashtra Electricity Regulatory Commission - India
- Sinarmas Energy and Mining - Indonesia
- Binh Thuan Hamico - Vietnam
- VISA Power Limited - India
- Maheswari Brothers Coal Limited - India
- Savvy Resources Ltd - HongKong
- Rio Tinto Coal - Australia
- Mercator Lines Limited - India
- Karaikal Port Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Uttam Galva Steels Limited - India
- Gujarat Electricity Regulatory Commission - India
- Kobexindo Tractors - Indoneisa
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