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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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Sunday, 23 January 11
THE AVERAGE CHARTER RATE FOR CAPE SIZE VESSELS WAS AT $ 8,859 PD ALMOST CLOSE TO 2008 LOWS - VISTAAR
COALspot.com - The BDI continues to drop and saw a drop of about 5 pct this week closing at 1,370 points. “ In May 2010 the BDI touched ...
Saturday, 22 January 11
POSSIBLE COAL EXPORT RESTRICTIONS ON INDONESIA UNLIKELY TO AFFECT CHURCHILL MINING - PROACTIVE INVESTORS
Proactive Investors reported that, Churchill Mining moved to reassure investors after a fall in its share price, stating that from talks with the au ...
Thursday, 20 January 11
INDONESIA MAY BAN LOW-QUALITY COAL EXPORTS FROM 2014 - BLOOMBERG
Bloomberg reported that, The Indonesian government plans to ban exports of coal with an energy value of less than 5,600 kilocalories a kilogram star ...
Thursday, 20 January 11
SUPRAS ARE DOING USD 7- 8K FOR INDONESIA-INDIA - FEARNBULK
Handy
Negative sentiment for forward positions in the Atlantic market due to lack of cargo availability and too many ballasters from the East. Con ...
Thursday, 20 January 11
ITMG TARGETS TO PRODUCE 25 MILLION TONS OF COAL THIS YEAR - BISNIS INDONESIA
Bisnis Indonesia reported that, Coal producer PT Indo Tambangraya Megah Tbk (ITMG) targets to produce 25 million tons of coal this year, a 13. ...
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- Ministry of Transport, Egypt
- Videocon Industries ltd - India
- McConnell Dowell - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ambuja Cements Ltd - India
- Singapore Mercantile Exchange
- Kepco SPC Power Corporation, Philippines
- Trasteel International SA, Italy
- Ceylon Electricity Board - Sri Lanka
- Parliament of New Zealand
- Meralco Power Generation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Oldendorff Carriers - Singapore
- Kumho Petrochemical, South Korea
- Meenaskhi Energy Private Limited - India
- Standard Chartered Bank - UAE
- Rashtriya Ispat Nigam Limited - India
- Sakthi Sugars Limited - India
- Bangladesh Power Developement Board
- Parry Sugars Refinery, India
- Indo Tambangraya Megah - Indonesia
- IHS Mccloskey Coal Group - USA
- Sarangani Energy Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bahari Cakrawala Sebuku - Indonesia
- CNBM International Corporation - China
- LBH Netherlands Bv - Netherlands
- Sical Logistics Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Bukit Makmur.PT - Indonesia
- SMC Global Power, Philippines
- Cigading International Bulk Terminal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Australian Coal Association
- Bank of Tokyo Mitsubishi UFJ Ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Chettinad Cement Corporation Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Pendopo Energi Batubara - Indonesia
- Bhoruka Overseas - Indonesia
- Commonwealth Bank - Australia
- Bhatia International Limited - India
- Banpu Public Company Limited - Thailand
- Thiess Contractors Indonesia
- Kobexindo Tractors - Indoneisa
- OPG Power Generation Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Gujarat Electricity Regulatory Commission - India
- Electricity Generating Authority of Thailand
- CIMB Investment Bank - Malaysia
- Directorate Of Revenue Intelligence - India
- Central Electricity Authority - India
- Bharathi Cement Corporation - India
- Ministry of Finance - Indonesia
- Borneo Indobara - Indonesia
- Coal and Oil Company - UAE
- Wilmar Investment Holdings
- Manunggal Multi Energi - Indonesia
- Wood Mackenzie - Singapore
- Edison Trading Spa - Italy
- Energy Link Ltd, New Zealand
- Power Finance Corporation Ltd., India
- Antam Resourcindo - Indonesia
- Coastal Gujarat Power Limited - India
- Aboitiz Power Corporation - Philippines
- San Jose City I Power Corp, Philippines
- Binh Thuan Hamico - Vietnam
- Interocean Group of Companies - India
- Africa Commodities Group - South Africa
- ASAPP Information Group - India
- Kaltim Prima Coal - Indonesia
- MS Steel International - UAE
- Deloitte Consulting - India
- Goldman Sachs - Singapore
- Jaiprakash Power Ventures ltd
- Rio Tinto Coal - Australia
- ICICI Bank Limited - India
- Bhushan Steel Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Posco Energy - South Korea
- Directorate General of MIneral and Coal - Indonesia
- The University of Queensland
- Uttam Galva Steels Limited - India
- Attock Cement Pakistan Limited
- Leighton Contractors Pty Ltd - Australia
- Heidelberg Cement - Germany
- Chamber of Mines of South Africa
- Coalindo Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- India Bulls Power Limited - India
- Mintek Dendrill Indonesia
- The Treasury - Australian Government
- Kideco Jaya Agung - Indonesia
- Star Paper Mills Limited - India
- Tamil Nadu electricity Board
- Billiton Holdings Pty Ltd - Australia
- Samtan Co., Ltd - South Korea
- Salva Resources Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- European Bulk Services B.V. - Netherlands
- PetroVietnam Power Coal Import and Supply Company
- Riau Bara Harum - Indonesia
- Karaikal Port Pvt Ltd - India
- Australian Commodity Traders Exchange
- Toyota Tsusho Corporation, Japan
- Indian Energy Exchange, India
- Merrill Lynch Commodities Europe
- Georgia Ports Authority, United States
- Jorong Barutama Greston.PT - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Kartika Selabumi Mining - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Lanco Infratech Ltd - India
- VISA Power Limited - India
- GVK Power & Infra Limited - India
- Kohat Cement Company Ltd. - Pakistan
- TeaM Sual Corporation - Philippines
- SN Aboitiz Power Inc, Philippines
- Mercuria Energy - Indonesia
- Latin American Coal - Colombia
- PTC India Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Romanian Commodities Exchange
- Planning Commission, India
- Vizag Seaport Private Limited - India
- PowerSource Philippines DevCo
- Malabar Cements Ltd - India
- Iligan Light & Power Inc, Philippines
- Simpson Spence & Young - Indonesia
- Indogreen Group - Indonesia
- Sojitz Corporation - Japan
- Maharashtra Electricity Regulatory Commission - India
- Global Business Power Corporation, Philippines
- Eastern Coal Council - USA
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- London Commodity Brokers - England
- New Zealand Coal & Carbon
- Semirara Mining Corp, Philippines
- Sinarmas Energy and Mining - Indonesia
- Siam City Cement - Thailand
- Barasentosa Lestari - Indonesia
- SMG Consultants - Indonesia
- Marubeni Corporation - India
- Globalindo Alam Lestari - Indonesia
- Mjunction Services Limited - India
- Altura Mining Limited, Indonesia
- Medco Energi Mining Internasional
- Tata Chemicals Ltd - India
- Larsen & Toubro Limited - India
- Mercator Lines Limited - India
- Bayan Resources Tbk. - Indonesia
- Intertek Mineral Services - Indonesia
- Orica Mining Services - Indonesia
- Timah Investasi Mineral - Indoneisa
- Kalimantan Lumbung Energi - Indonesia
- The State Trading Corporation of India Ltd
- Karbindo Abesyapradhi - Indoneisa
- Gujarat Sidhee Cement - India
- Ministry of Mines - Canada
- Independent Power Producers Association of India
- Semirara Mining and Power Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Dalmia Cement Bharat India
- Economic Council, Georgia
- IEA Clean Coal Centre - UK
- Miang Besar Coal Terminal - Indonesia
- Agrawal Coal Company - India
- Jindal Steel & Power Ltd - India
- Petron Corporation, Philippines
- GMR Energy Limited - India
- Metalloyd Limited - United Kingdom
- Sree Jayajothi Cements Limited - India
- Indonesian Coal Mining Association
- South Luzon Thermal Energy Corporation
- Vedanta Resources Plc - India
- Global Green Power PLC Corporation, Philippines
- Baramulti Group, Indonesia
- Savvy Resources Ltd - HongKong
- Eastern Energy - Thailand
- Essar Steel Hazira Ltd - India
- Siam City Cement PLC, Thailand
- Indian Oil Corporation Limited
- Bulk Trading Sa - Switzerland
- Indika Energy - Indonesia
- Madhucon Powers Ltd - India
- Price Waterhouse Coopers - Russia
- Therma Luzon, Inc, Philippines
- Central Java Power - Indonesia
- Electricity Authority, New Zealand
- Anglo American - United Kingdom
- Thai Mozambique Logistica
- Grasim Industreis Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- International Coal Ventures Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Global Coal Blending Company Limited - Australia
- Formosa Plastics Group - Taiwan
- Carbofer General Trading SA - India
- Xindia Steels Limited - India
- Aditya Birla Group - India
- Port Waratah Coal Services - Australia
- Orica Australia Pty. Ltd.
- Straits Asia Resources Limited - Singapore
- AsiaOL BioFuels Corp., Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Renaissance Capital - South Africa
- Cement Manufacturers Association - India
- GAC Shipping (India) Pvt Ltd
- PNOC Exploration Corporation - Philippines
- White Energy Company Limited
- Makarim & Taira - Indonesia
- Energy Development Corp, Philippines
- Minerals Council of Australia
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