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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, 20 January 11
DRY BULK MARKETS FALL SEES NO END - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Pundits indicating that the dry bulk market’s sentiment remains weak were justified, as the industry’s benchmark, the Baltic Dry Index ( ...
Wednesday, 19 January 11
DRY BULK MARKET HAS BOTTOMED OUT, AS WEATHER IN AUSTRALIA DIALS DOWN - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has finally halted its plunge, after a devastating week of yet more losses. The industry’s benchmark, the Baltic Dry Index ...
Tuesday, 18 January 11
MINISTRY SEEKS COAL FROM INDONESIA - SUNDAY OBSERVER
Sunday Observer reported that, Ministry of Power and Energy is to explore the possibilities of importing quality coal from Indonesia.
Minister Pa ...
Tuesday, 18 January 11
DRY BULK MARKET HAS BOTTOMED OUT, AS WEATHER IN AUSTRALIA DIALS DOWN - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has finally halted its plunge, after a devastating week of yet more losses. The industry’s benchmark, the Baltic Dry Index ...
Sunday, 16 January 11
STANCHART GLOBAL RESEARCH SEES COAL PRICE RISING ON SUPPLY DISRUPTION - BURSA MALAYSIA MARKET NEWS
Bursa Malaysia Market News reported that, Standard Chartered Global Research has upgraded its 2011 forecasts for global thermal coal prices based on ...
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- Bangladesh Power Developement Board
- Intertek Mineral Services - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Baramulti Group, Indonesia
- Meenaskhi Energy Private Limited - India
- Gujarat Sidhee Cement - India
- GAC Shipping (India) Pvt Ltd
- Parliament of New Zealand
- Parry Sugars Refinery, India
- Independent Power Producers Association of India
- Global Green Power PLC Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Africa Commodities Group - South Africa
- Kobexindo Tractors - Indoneisa
- Indonesian Coal Mining Association
- MS Steel International - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
- Billiton Holdings Pty Ltd - Australia
- Indian Oil Corporation Limited
- Tamil Nadu electricity Board
- Leighton Contractors Pty Ltd - Australia
- Jaiprakash Power Ventures ltd
- The State Trading Corporation of India Ltd
- Merrill Lynch Commodities Europe
- Jorong Barutama Greston.PT - Indonesia
- Vizag Seaport Private Limited - India
- Bharathi Cement Corporation - India
- Videocon Industries ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Australian Coal Association
- Essar Steel Hazira Ltd - India
- IHS Mccloskey Coal Group - USA
- Eastern Coal Council - USA
- Toyota Tsusho Corporation, Japan
- Uttam Galva Steels Limited - India
- LBH Netherlands Bv - Netherlands
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Metalloyd Limited - United Kingdom
- Edison Trading Spa - Italy
- Orica Australia Pty. Ltd.
- Malabar Cements Ltd - India
- Planning Commission, India
- Energy Link Ltd, New Zealand
- Bhoruka Overseas - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Binh Thuan Hamico - Vietnam
- Vijayanagar Sugar Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- CIMB Investment Bank - Malaysia
- Barasentosa Lestari - Indonesia
- IEA Clean Coal Centre - UK
- Tata Chemicals Ltd - India
- ICICI Bank Limited - India
- South Luzon Thermal Energy Corporation
- International Coal Ventures Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- PowerSource Philippines DevCo
- Sojitz Corporation - Japan
- Holcim Trading Pte Ltd - Singapore
- Lanco Infratech Ltd - India
- Ind-Barath Power Infra Limited - India
- Sree Jayajothi Cements Limited - India
- Antam Resourcindo - Indonesia
- GVK Power & Infra Limited - India
- Meralco Power Generation, Philippines
- Sindya Power Generating Company Private Ltd
- Renaissance Capital - South Africa
- White Energy Company Limited
- Vedanta Resources Plc - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Thiess Contractors Indonesia
- Kideco Jaya Agung - Indonesia
- Global Business Power Corporation, Philippines
- Coalindo Energy - Indonesia
- The University of Queensland
- Gujarat Mineral Development Corp Ltd - India
- European Bulk Services B.V. - Netherlands
- Global Coal Blending Company Limited - Australia
- Coastal Gujarat Power Limited - India
- Chamber of Mines of South Africa
- Miang Besar Coal Terminal - Indonesia
- Timah Investasi Mineral - Indoneisa
- Mercuria Energy - Indonesia
- Interocean Group of Companies - India
- Attock Cement Pakistan Limited
- Madhucon Powers Ltd - India
- GMR Energy Limited - India
- Oldendorff Carriers - Singapore
- Altura Mining Limited, Indonesia
- Rio Tinto Coal - Australia
- Aboitiz Power Corporation - Philippines
- Alfred C Toepfer International GmbH - Germany
- Deloitte Consulting - India
- Kohat Cement Company Ltd. - Pakistan
- Thai Mozambique Logistica
- ASAPP Information Group - India
- New Zealand Coal & Carbon
- Riau Bara Harum - Indonesia
- Cement Manufacturers Association - India
- Directorate Of Revenue Intelligence - India
- Simpson Spence & Young - Indonesia
- Siam City Cement PLC, Thailand
- CNBM International Corporation - China
- Anglo American - United Kingdom
- Neyveli Lignite Corporation Ltd, - India
- Singapore Mercantile Exchange
- Iligan Light & Power Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Ministry of Mines - Canada
- McConnell Dowell - Australia
- Goldman Sachs - Singapore
- Mintek Dendrill Indonesia
- Salva Resources Pvt Ltd - India
- Romanian Commodities Exchange
- Ministry of Transport, Egypt
- Pipit Mutiara Jaya. PT, Indonesia
- Minerals Council of Australia
- SMG Consultants - Indonesia
- Karaikal Port Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Samtan Co., Ltd - South Korea
- Globalindo Alam Lestari - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Power Finance Corporation Ltd., India
- Medco Energi Mining Internasional
- Grasim Industreis Ltd - India
- Formosa Plastics Group - Taiwan
- Kaltim Prima Coal - Indonesia
- Larsen & Toubro Limited - India
- AsiaOL BioFuels Corp., Philippines
- Dalmia Cement Bharat India
- Electricity Generating Authority of Thailand
- Sical Logistics Limited - India
- Agrawal Coal Company - India
- Savvy Resources Ltd - HongKong
- Mercator Lines Limited - India
- Indian Energy Exchange, India
- Posco Energy - South Korea
- Mjunction Services Limited - India
- Wilmar Investment Holdings
- The Treasury - Australian Government
- Indika Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Maheswari Brothers Coal Limited - India
- Sinarmas Energy and Mining - Indonesia
- OPG Power Generation Pvt Ltd - India
- Central Java Power - Indonesia
- Carbofer General Trading SA - India
- Coal and Oil Company - UAE
- VISA Power Limited - India
- Standard Chartered Bank - UAE
- GN Power Mariveles Coal Plant, Philippines
- Electricity Authority, New Zealand
- Bhatia International Limited - India
- Orica Mining Services - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- SMC Global Power, Philippines
- Banpu Public Company Limited - Thailand
- Trasteel International SA, Italy
- PNOC Exploration Corporation - Philippines
- Jindal Steel & Power Ltd - India
- Therma Luzon, Inc, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- San Jose City I Power Corp, Philippines
- Pendopo Energi Batubara - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Borneo Indobara - Indonesia
- Indogreen Group - Indonesia
- Bulk Trading Sa - Switzerland
- Commonwealth Bank - Australia
- Directorate General of MIneral and Coal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Star Paper Mills Limited - India
- Australian Commodity Traders Exchange
- Rashtriya Ispat Nigam Limited - India
- Port Waratah Coal Services - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Indo Tambangraya Megah - Indonesia
- Heidelberg Cement - Germany
- Marubeni Corporation - India
- Latin American Coal - Colombia
- Sarangani Energy Corporation, Philippines
- Makarim & Taira - Indonesia
- Straits Asia Resources Limited - Singapore
- Georgia Ports Authority, United States
- Kepco SPC Power Corporation, Philippines
- India Bulls Power Limited - India
- Siam City Cement - Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Price Waterhouse Coopers - Russia
- Energy Development Corp, Philippines
- Ambuja Cements Ltd - India
- Ministry of Finance - Indonesia
- Aditya Birla Group - India
- Bhushan Steel Limited - India
- Petron Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Bukit Makmur.PT - Indonesia
- Semirara Mining Corp, Philippines
- PTC India Limited - India
- Bayan Resources Tbk. - Indonesia
- Eastern Energy - Thailand
- Economic Council, Georgia
- Sakthi Sugars Limited - India
- London Commodity Brokers - England
- Kartika Selabumi Mining - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Kumho Petrochemical, South Korea
- Central Electricity Authority - India
- Semirara Mining and Power Corporation, Philippines
- Wood Mackenzie - Singapore
- Xindia Steels Limited - India
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