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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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Friday, 01 April 11
SUPRAS EX RICHARDS BAY COAL TERMINAL TO INDIA HOVERING AT $ 25 - 27.00 PMT - FEARNBULK
Handy
Atlantic markets remain stable with more activity from the Black Sea to FEast paying in the mid 20´s on Supras. The USG remains firm p ...
Friday, 01 April 11
DRY BULK MARKET WEAKENS ON SLOWER DEMAND, HOPES FOR MID-TERM REBOUND ON JAPANS RECONSTRUCTION - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market, as reflected in the Baltic Dry Index (BDI) retreated for a third day yesterday, after staying flat on Monday, to end at 1,530 p ...
Wednesday, 30 March 11
CHALLENGER SIGNS OPTION AGREEMENTS TO PURCHASE FOUR COAL PROJECTS IN INDONESIA
Challenger Signs Three Exclusive Option Agreements to Purchase Four Coal Projects in East Kalimantan, Indonesia
Challenger Deep Resources Corp.ha ...
Wednesday, 30 March 11
KPCL TO IMPORT ONE MILLION TONS OF 6300 GAD COAL
COALspot.com - Karnataka Power Corporation a state utility of Karnataka, India called for open tender for supply of one million tons of 6300 Kcal/kg ...
Wednesday, 30 March 11
WIKA GRABS PROJECT FROM ADARO INDONESIA - INSIDER STORIES
One of Indonesia's largest thermal coal PT Adaro Indonesia has finally mandated PT Wijaya Karya Tbk (WIKA) as a contractor to install and manage ov ...
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- Kalimantan Lumbung Energi - Indonesia
- Global Coal Blending Company Limited - Australia
- Mjunction Services Limited - India
- Sinarmas Energy and Mining - Indonesia
- Intertek Mineral Services - Indonesia
- Riau Bara Harum - Indonesia
- Electricity Generating Authority of Thailand
- Videocon Industries ltd - India
- LBH Netherlands Bv - Netherlands
- VISA Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- Agrawal Coal Company - India
- Central Java Power - Indonesia
- Independent Power Producers Association of India
- Trasteel International SA, Italy
- Global Green Power PLC Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Leighton Contractors Pty Ltd - Australia
- Coalindo Energy - Indonesia
- Vizag Seaport Private Limited - India
- Bayan Resources Tbk. - Indonesia
- Xindia Steels Limited - India
- Rio Tinto Coal - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Electricity Authority, New Zealand
- Anglo American - United Kingdom
- Latin American Coal - Colombia
- Bahari Cakrawala Sebuku - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bangladesh Power Developement Board
- Kumho Petrochemical, South Korea
- Indonesian Coal Mining Association
- Sarangani Energy Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Indian Energy Exchange, India
- TNB Fuel Sdn Bhd - Malaysia
- Madhucon Powers Ltd - India
- Makarim & Taira - Indonesia
- Bharathi Cement Corporation - India
- Antam Resourcindo - Indonesia
- Economic Council, Georgia
- Indian Oil Corporation Limited
- SMC Global Power, Philippines
- Parliament of New Zealand
- Ministry of Mines - Canada
- Jaiprakash Power Ventures ltd
- Krishnapatnam Port Company Ltd. - India
- Neyveli Lignite Corporation Ltd, - India
- Formosa Plastics Group - Taiwan
- The State Trading Corporation of India Ltd
- Gujarat Sidhee Cement - India
- Deloitte Consulting - India
- Karaikal Port Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Goldman Sachs - Singapore
- Chamber of Mines of South Africa
- Essar Steel Hazira Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Singapore Mercantile Exchange
- Lanco Infratech Ltd - India
- Australian Coal Association
- Ambuja Cements Ltd - India
- Price Waterhouse Coopers - Russia
- Kideco Jaya Agung - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Pendopo Energi Batubara - Indonesia
- Dalmia Cement Bharat India
- Coastal Gujarat Power Limited - India
- Standard Chartered Bank - UAE
- Bhoruka Overseas - Indonesia
- CNBM International Corporation - China
- London Commodity Brokers - England
- Kepco SPC Power Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Interocean Group of Companies - India
- Africa Commodities Group - South Africa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Renaissance Capital - South Africa
- Iligan Light & Power Inc, Philippines
- Larsen & Toubro Limited - India
- Meralco Power Generation, Philippines
- Vedanta Resources Plc - India
- The Treasury - Australian Government
- Straits Asia Resources Limited - Singapore
- Chettinad Cement Corporation Ltd - India
- Minerals Council of Australia
- Merrill Lynch Commodities Europe
- McConnell Dowell - Australia
- Barasentosa Lestari - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Eastern Coal Council - USA
- Maheswari Brothers Coal Limited - India
- Heidelberg Cement - Germany
- Ministry of Transport, Egypt
- Simpson Spence & Young - Indonesia
- Thai Mozambique Logistica
- Directorate General of MIneral and Coal - Indonesia
- Marubeni Corporation - India
- Kohat Cement Company Ltd. - Pakistan
- Borneo Indobara - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Posco Energy - South Korea
- Directorate Of Revenue Intelligence - India
- Jorong Barutama Greston.PT - Indonesia
- Grasim Industreis Ltd - India
- Indogreen Group - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Edison Trading Spa - Italy
- PTC India Limited - India
- Toyota Tsusho Corporation, Japan
- Energy Development Corp, Philippines
- PNOC Exploration Corporation - Philippines
- Sical Logistics Limited - India
- OPG Power Generation Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Mercator Lines Limited - India
- Medco Energi Mining Internasional
- Gujarat Mineral Development Corp Ltd - India
- Orica Mining Services - Indonesia
- GAC Shipping (India) Pvt Ltd
- San Jose City I Power Corp, Philippines
- Semirara Mining Corp, Philippines
- Metalloyd Limited - United Kingdom
- Bukit Makmur.PT - Indonesia
- Ind-Barath Power Infra Limited - India
- Sree Jayajothi Cements Limited - India
- GN Power Mariveles Coal Plant, Philippines
- GMR Energy Limited - India
- India Bulls Power Limited - India
- Bukit Baiduri Energy - Indonesia
- SMG Consultants - Indonesia
- Kobexindo Tractors - Indoneisa
- Carbofer General Trading SA - India
- Bhushan Steel Limited - India
- Rashtriya Ispat Nigam Limited - India
- Sojitz Corporation - Japan
- Salva Resources Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Baramulti Group, Indonesia
- Timah Investasi Mineral - Indoneisa
- Meenaskhi Energy Private Limited - India
- Ministry of Finance - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- New Zealand Coal & Carbon
- Star Paper Mills Limited - India
- Malabar Cements Ltd - India
- Thiess Contractors Indonesia
- Bulk Trading Sa - Switzerland
- Siam City Cement - Thailand
- Wilmar Investment Holdings
- Semirara Mining and Power Corporation, Philippines
- Central Electricity Authority - India
- ICICI Bank Limited - India
- Commonwealth Bank - Australia
- SN Aboitiz Power Inc, Philippines
- IEA Clean Coal Centre - UK
- Vijayanagar Sugar Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Petron Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Bukit Asam (Persero) Tbk - Indonesia
- IHS Mccloskey Coal Group - USA
- Savvy Resources Ltd - HongKong
- Globalindo Alam Lestari - Indonesia
- Eastern Energy - Thailand
- Jindal Steel & Power Ltd - India
- Tata Chemicals Ltd - India
- Attock Cement Pakistan Limited
- Manunggal Multi Energi - Indonesia
- Planning Commission, India
- PowerSource Philippines DevCo
- Romanian Commodities Exchange
- Billiton Holdings Pty Ltd - Australia
- TeaM Sual Corporation - Philippines
- Wood Mackenzie - Singapore
- Samtan Co., Ltd - South Korea
- Coal and Oil Company - UAE
- ASAPP Information Group - India
- The University of Queensland
- Energy Link Ltd, New Zealand
- Altura Mining Limited, Indonesia
- European Bulk Services B.V. - Netherlands
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sakthi Sugars Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Kaltim Prima Coal - Indonesia
- White Energy Company Limited
- Maharashtra Electricity Regulatory Commission - India
- Georgia Ports Authority, United States
- Siam City Cement PLC, Thailand
- Aditya Birla Group - India
- Australian Commodity Traders Exchange
- Cement Manufacturers Association - India
- GVK Power & Infra Limited - India
- Orica Australia Pty. Ltd.
- Tamil Nadu electricity Board
- Therma Luzon, Inc, Philippines
- Parry Sugars Refinery, India
- Uttam Galva Steels Limited - India
- Sindya Power Generating Company Private Ltd
- MS Steel International - UAE
- Port Waratah Coal Services - Australia
- Mintek Dendrill Indonesia
- Banpu Public Company Limited - Thailand
- Holcim Trading Pte Ltd - Singapore
- Cigading International Bulk Terminal - Indonesia
- Global Business Power Corporation, Philippines
- Indika Energy - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- International Coal Ventures Pvt Ltd - India
- Bhatia International Limited - India
- South Luzon Thermal Energy Corporation
- Mercuria Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Indo Tambangraya Megah - Indonesia
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