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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, 24 March 11
INDIA'S CHETTINAD INTERNATIONAL COAL TERMINAL'S PERMISSIBLE DRAFT HAS INCREASED TO 13.5 M
COALspot.com - Chettinad International Coal Terminal in Ennore port has the berth with draft 13.5 Meters now, according to E-Mail statement received ...
Thursday, 24 March 11
DRY BULK MARKET RISES, CAPESIZES GAIN BUT REMAIN LOW EARNERS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market posted modest gains on Wednesday, with the Baltic Dry Index rising to 1,565 points, up by 1.43 percent on the day, led by gains ...
Wednesday, 23 March 11
INDIAS TNPL RECEIVED 1.120 MMTS OF COAL AGAINST ITS 160K MT INQUIRY
COALspot.com - Tamil Nadu Newsprint and Papers Ltd. has closed its inquiry today.
Seven Indian coal traders have submitted price bid to sup ...
Tuesday, 22 March 11
MONNET ISPAT & ENERGY LIMITED ACQUIRES INDONESIAN COAL COMPANY THROUGH ITS SUBSIDIARY MONNET GLOBAL LIMITED
Monnet Global Limited (MGL) acquires PT Sarwa Sembada Karya Bumi, Sumatra & on part exploration the reserves of 65 million tonne on Thermal Coal ...
Tuesday, 22 March 11
RI COAL EXPORTS TO JAPAN MAY BE DIVERTED TO OTHER COUNTRIES - THE JAKARTA POST
The Jakarta Post reported that, Indonesia’s coal exports to Japan will likely be diverted to other countries for several months after the rece ...
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- Bulk Trading Sa - Switzerland
- Tamil Nadu electricity Board
- Jorong Barutama Greston.PT - Indonesia
- Australian Commodity Traders Exchange
- McConnell Dowell - Australia
- Manunggal Multi Energi - Indonesia
- IHS Mccloskey Coal Group - USA
- Sinarmas Energy and Mining - Indonesia
- Planning Commission, India
- Gujarat Mineral Development Corp Ltd - India
- Standard Chartered Bank - UAE
- Jaiprakash Power Ventures ltd
- Bahari Cakrawala Sebuku - Indonesia
- Bangladesh Power Developement Board
- Alfred C Toepfer International GmbH - Germany
- Vizag Seaport Private Limited - India
- Economic Council, Georgia
- Coal and Oil Company - UAE
- Metalloyd Limited - United Kingdom
- Thiess Contractors Indonesia
- Savvy Resources Ltd - HongKong
- Semirara Mining Corp, Philippines
- Chamber of Mines of South Africa
- Mercuria Energy - Indonesia
- Sojitz Corporation - Japan
- Grasim Industreis Ltd - India
- Carbofer General Trading SA - India
- ICICI Bank Limited - India
- Wilmar Investment Holdings
- Price Waterhouse Coopers - Russia
- OPG Power Generation Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- India Bulls Power Limited - India
- Bukit Makmur.PT - Indonesia
- Coastal Gujarat Power Limited - India
- Kumho Petrochemical, South Korea
- Ambuja Cements Ltd - India
- Intertek Mineral Services - Indonesia
- Romanian Commodities Exchange
- Sarangani Energy Corporation, Philippines
- Parliament of New Zealand
- Maharashtra Electricity Regulatory Commission - India
- Uttam Galva Steels Limited - India
- Xindia Steels Limited - India
- Toyota Tsusho Corporation, Japan
- Indian Energy Exchange, India
- Commonwealth Bank - Australia
- Goldman Sachs - Singapore
- Trasteel International SA, Italy
- Barasentosa Lestari - Indonesia
- Medco Energi Mining Internasional
- The Treasury - Australian Government
- Indonesian Coal Mining Association
- Siam City Cement - Thailand
- The State Trading Corporation of India Ltd
- Bayan Resources Tbk. - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Kapuas Tunggal Persada - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- SN Aboitiz Power Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GVK Power & Infra Limited - India
- LBH Netherlands Bv - Netherlands
- PowerSource Philippines DevCo
- Maheswari Brothers Coal Limited - India
- Posco Energy - South Korea
- VISA Power Limited - India
- Aboitiz Power Corporation - Philippines
- Banpu Public Company Limited - Thailand
- Altura Mining Limited, Indonesia
- Salva Resources Pvt Ltd - India
- Lanco Infratech Ltd - India
- Globalindo Alam Lestari - Indonesia
- Billiton Holdings Pty Ltd - Australia
- GN Power Mariveles Coal Plant, Philippines
- Pendopo Energi Batubara - Indonesia
- Wood Mackenzie - Singapore
- Binh Thuan Hamico - Vietnam
- Bharathi Cement Corporation - India
- IEA Clean Coal Centre - UK
- Ceylon Electricity Board - Sri Lanka
- Central Electricity Authority - India
- Eastern Energy - Thailand
- Sakthi Sugars Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Ministry of Finance - Indonesia
- Minerals Council of Australia
- Petron Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- European Bulk Services B.V. - Netherlands
- Therma Luzon, Inc, Philippines
- Central Java Power - Indonesia
- Mintek Dendrill Indonesia
- Antam Resourcindo - Indonesia
- Power Finance Corporation Ltd., India
- Africa Commodities Group - South Africa
- South Luzon Thermal Energy Corporation
- GMR Energy Limited - India
- Ind-Barath Power Infra Limited - India
- Thai Mozambique Logistica
- Dalmia Cement Bharat India
- Asmin Koalindo Tuhup - Indonesia
- Ministry of Transport, Egypt
- Semirara Mining and Power Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Agrawal Coal Company - India
- San Jose City I Power Corp, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Miang Besar Coal Terminal - Indonesia
- Edison Trading Spa - Italy
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Anglo American - United Kingdom
- Makarim & Taira - Indonesia
- London Commodity Brokers - England
- PetroVietnam Power Coal Import and Supply Company
- GAC Shipping (India) Pvt Ltd
- PNOC Exploration Corporation - Philippines
- SMG Consultants - Indonesia
- CNBM International Corporation - China
- Siam City Cement PLC, Thailand
- Parry Sugars Refinery, India
- MS Steel International - UAE
- Heidelberg Cement - Germany
- Jindal Steel & Power Ltd - India
- Indika Energy - Indonesia
- Ministry of Mines - Canada
- Krishnapatnam Port Company Ltd. - India
- Kaltim Prima Coal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Indogreen Group - Indonesia
- Bukit Baiduri Energy - Indonesia
- Directorate Of Revenue Intelligence - India
- Energy Development Corp, Philippines
- Indian Oil Corporation Limited
- Karbindo Abesyapradhi - Indoneisa
- ASAPP Information Group - India
- Meenaskhi Energy Private Limited - India
- The University of Queensland
- SMC Global Power, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Oldendorff Carriers - Singapore
- Borneo Indobara - Indonesia
- Orica Mining Services - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Latin American Coal - Colombia
- Attock Cement Pakistan Limited
- Kobexindo Tractors - Indoneisa
- Offshore Bulk Terminal Pte Ltd, Singapore
- TeaM Sual Corporation - Philippines
- Electricity Generating Authority of Thailand
- Madhucon Powers Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Malabar Cements Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Interocean Group of Companies - India
- Kartika Selabumi Mining - Indonesia
- Iligan Light & Power Inc, Philippines
- Formosa Plastics Group - Taiwan
- Kepco SPC Power Corporation, Philippines
- Eastern Coal Council - USA
- Sree Jayajothi Cements Limited - India
- Singapore Mercantile Exchange
- International Coal Ventures Pvt Ltd - India
- Marubeni Corporation - India
- Bhatia International Limited - India
- Energy Link Ltd, New Zealand
- Meralco Power Generation, Philippines
- Merrill Lynch Commodities Europe
- Videocon Industries ltd - India
- Timah Investasi Mineral - Indoneisa
- White Energy Company Limited
- Coalindo Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Tata Chemicals Ltd - India
- Australian Coal Association
- Vijayanagar Sugar Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Rashtriya Ispat Nigam Limited - India
- Independent Power Producers Association of India
- Holcim Trading Pte Ltd - Singapore
- Deloitte Consulting - India
- Larsen & Toubro Limited - India
- Bhoruka Overseas - Indonesia
- Georgia Ports Authority, United States
- Renaissance Capital - South Africa
- Indo Tambangraya Megah - Indonesia
- Simpson Spence & Young - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Gujarat Sidhee Cement - India
- Aditya Birla Group - India
- Vedanta Resources Plc - India
- Rio Tinto Coal - Australia
- Riau Bara Harum - Indonesia
- Baramulti Group, Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- New Zealand Coal & Carbon
- Sical Logistics Limited - India
- Star Paper Mills Limited - India
- Sindya Power Generating Company Private Ltd
- PTC India Limited - India
- Global Business Power Corporation, Philippines
- Bhushan Steel Limited - India
- Kideco Jaya Agung - Indonesia
- Cement Manufacturers Association - India
- Electricity Authority, New Zealand
- Port Waratah Coal Services - Australia
- Samtan Co., Ltd - South Korea
- AsiaOL BioFuels Corp., Philippines
- CIMB Investment Bank - Malaysia
- Mercator Lines Limited - India
- Chettinad Cement Corporation Ltd - India
- Mjunction Services Limited - India
- Cigading International Bulk Terminal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Essar Steel Hazira Ltd - India
- Global Green Power PLC Corporation, Philippines
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