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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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Tuesday, 04 January 11
BALI, INDONESIA HOST OF WORLD RENEWABLE ENERGY AND ENERGY EFFICIENCY CONFERENCE
Press Release - Indonesian Renewable Energy Society (METI – IRES) has launched the plan for organizing the international gathering ...
Tuesday, 04 January 11
DRY BULK MARKET TO RANGE BETWEEN 1,700 AND 2,600 POINTS IN THE FIRST QUARTER OF 2011, ANALYSTS SAY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
As we entered 2011, ship owners and analysts, as well as shipbrokers are looking into their “crystal balls” to try to decode the dry bul ...
Monday, 03 January 11
TAXATION FOR COAL MINING COMPANIES IN INDONESIA - A TAX EXPERTS VIEW
COALspot.com - Mrs. Sri Wahyuni Sujono, managing partner of SF Consulting has wrote an exclusive report regarding taxation for coal mining companies ...
Sunday, 02 January 11
JAISWAL TO SEEK COAL MINES IN AFRICA - HINDUSTAN TIMES
Coal Minister Sriprakash Jaiswal will talk with his counterparts in South Africa and Mozambique during his visit from January 5 to secure coal asset ...
Saturday, 01 January 11
COAL PRODUCTION EXPECTED TO EXCEED 340 MILLION TONS THIS YEAR - THE JAKARTA POST
The Jakarta Post reported that, Indonesian coal miners expect to produce 340 million tons of coal in 2011, an increase of 23 percent from 275 millio ...
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- Cement Manufacturers Association - India
- Barasentosa Lestari - Indonesia
- Wilmar Investment Holdings
- Globalindo Alam Lestari - Indonesia
- ICICI Bank Limited - India
- Economic Council, Georgia
- Mercuria Energy - Indonesia
- Meralco Power Generation, Philippines
- Larsen & Toubro Limited - India
- Rio Tinto Coal - Australia
- Merrill Lynch Commodities Europe
- Chettinad Cement Corporation Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Bhatia International Limited - India
- IEA Clean Coal Centre - UK
- Vizag Seaport Private Limited - India
- Minerals Council of Australia
- Maharashtra Electricity Regulatory Commission - India
- Aboitiz Power Corporation - Philippines
- Kaltim Prima Coal - Indonesia
- Interocean Group of Companies - India
- Uttam Galva Steels Limited - India
- The State Trading Corporation of India Ltd
- Chamber of Mines of South Africa
- CNBM International Corporation - China
- Formosa Plastics Group - Taiwan
- South Luzon Thermal Energy Corporation
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Siam City Cement PLC, Thailand
- Singapore Mercantile Exchange
- Parliament of New Zealand
- Electricity Authority, New Zealand
- Directorate General of MIneral and Coal - Indonesia
- Kideco Jaya Agung - Indonesia
- PNOC Exploration Corporation - Philippines
- Videocon Industries ltd - India
- The University of Queensland
- Sojitz Corporation - Japan
- Central Java Power - Indonesia
- Independent Power Producers Association of India
- Coalindo Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Thiess Contractors Indonesia
- Eastern Energy - Thailand
- Essar Steel Hazira Ltd - India
- Kepco SPC Power Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Renaissance Capital - South Africa
- Wood Mackenzie - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Grasim Industreis Ltd - India
- Borneo Indobara - Indonesia
- Port Waratah Coal Services - Australia
- Heidelberg Cement - Germany
- Bayan Resources Tbk. - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Xindia Steels Limited - India
- Australian Commodity Traders Exchange
- VISA Power Limited - India
- Australian Coal Association
- Makarim & Taira - Indonesia
- GVK Power & Infra Limited - India
- Planning Commission, India
- Jorong Barutama Greston.PT - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Offshore Bulk Terminal Pte Ltd, Singapore
- PetroVietnam Power Coal Import and Supply Company
- Gujarat Electricity Regulatory Commission - India
- SMG Consultants - Indonesia
- Ind-Barath Power Infra Limited - India
- SMC Global Power, Philippines
- Binh Thuan Hamico - Vietnam
- Mercator Lines Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Indogreen Group - Indonesia
- Kartika Selabumi Mining - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Energy Link Ltd, New Zealand
- TNB Fuel Sdn Bhd - Malaysia
- IHS Mccloskey Coal Group - USA
- AsiaOL BioFuels Corp., Philippines
- Anglo American - United Kingdom
- Orica Australia Pty. Ltd.
- Rashtriya Ispat Nigam Limited - India
- Edison Trading Spa - Italy
- Meenaskhi Energy Private Limited - India
- Indika Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Krishnapatnam Port Company Ltd. - India
- MS Steel International - UAE
- Posco Energy - South Korea
- International Coal Ventures Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Asmin Koalindo Tuhup - Indonesia
- Indonesian Coal Mining Association
- Billiton Holdings Pty Ltd - Australia
- Marubeni Corporation - India
- TeaM Sual Corporation - Philippines
- Bharathi Cement Corporation - India
- Ministry of Finance - Indonesia
- Leighton Contractors Pty Ltd - Australia
- The Treasury - Australian Government
- CIMB Investment Bank - Malaysia
- Vijayanagar Sugar Pvt Ltd - India
- Vedanta Resources Plc - India
- Tata Chemicals Ltd - India
- LBH Netherlands Bv - Netherlands
- Salva Resources Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Petrochimia International Co. Ltd.- Taiwan
- Simpson Spence & Young - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Eastern Coal Council - USA
- Altura Mining Limited, Indonesia
- Sarangani Energy Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- European Bulk Services B.V. - Netherlands
- PowerSource Philippines DevCo
- Lanco Infratech Ltd - India
- Bangladesh Power Developement Board
- Mintek Dendrill Indonesia
- Thai Mozambique Logistica
- Indo Tambangraya Megah - Indonesia
- Dalmia Cement Bharat India
- Savvy Resources Ltd - HongKong
- Global Green Power PLC Corporation, Philippines
- Trasteel International SA, Italy
- Banpu Public Company Limited - Thailand
- Petron Corporation, Philippines
- India Bulls Power Limited - India
- Directorate Of Revenue Intelligence - India
- Manunggal Multi Energi - Indonesia
- Timah Investasi Mineral - Indoneisa
- Gujarat Sidhee Cement - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Pendopo Energi Batubara - Indonesia
- Agrawal Coal Company - India
- Sree Jayajothi Cements Limited - India
- ASAPP Information Group - India
- Maheswari Brothers Coal Limited - India
- Intertek Mineral Services - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Star Paper Mills Limited - India
- SN Aboitiz Power Inc, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Carbofer General Trading SA - India
- New Zealand Coal & Carbon
- Neyveli Lignite Corporation Ltd, - India
- Gujarat Mineral Development Corp Ltd - India
- Oldendorff Carriers - Singapore
- Power Finance Corporation Ltd., India
- OPG Power Generation Pvt Ltd - India
- Malabar Cements Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Madhucon Powers Ltd - India
- Iligan Light & Power Inc, Philippines
- Attock Cement Pakistan Limited
- Riau Bara Harum - Indonesia
- Aditya Birla Group - India
- Baramulti Group, Indonesia
- Sindya Power Generating Company Private Ltd
- Sical Logistics Limited - India
- Siam City Cement - Thailand
- Electricity Generating Authority of Thailand
- Africa Commodities Group - South Africa
- Kalimantan Lumbung Energi - Indonesia
- Straits Asia Resources Limited - Singapore
- Sakthi Sugars Limited - India
- Karaikal Port Pvt Ltd - India
- Central Electricity Authority - India
- Indian Energy Exchange, India
- Romanian Commodities Exchange
- Energy Development Corp, Philippines
- Bhoruka Overseas - Indonesia
- Standard Chartered Bank - UAE
- Kobexindo Tractors - Indoneisa
- Global Business Power Corporation, Philippines
- Latin American Coal - Colombia
- Antam Resourcindo - Indonesia
- Orica Mining Services - Indonesia
- Ministry of Transport, Egypt
- Parry Sugars Refinery, India
- San Jose City I Power Corp, Philippines
- GAC Shipping (India) Pvt Ltd
- Ministry of Mines - Canada
- Commonwealth Bank - Australia
- Toyota Tsusho Corporation, Japan
- Ambuja Cements Ltd - India
- Mjunction Services Limited - India
- Goldman Sachs - Singapore
- Tamil Nadu electricity Board
- Indian Oil Corporation Limited
- Bulk Trading Sa - Switzerland
- Coal and Oil Company - UAE
- Medco Energi Mining Internasional
- Jindal Steel & Power Ltd - India
- Global Coal Blending Company Limited - Australia
- PTC India Limited - India
- Metalloyd Limited - United Kingdom
- White Energy Company Limited
- GMR Energy Limited - India
- McConnell Dowell - Australia
- London Commodity Brokers - England
- Price Waterhouse Coopers - Russia
- Georgia Ports Authority, United States
- Bukit Baiduri Energy - Indonesia
- Deloitte Consulting - India
- Bukit Makmur.PT - Indonesia
- Kumho Petrochemical, South Korea
- Bhushan Steel Limited - India
- Samtan Co., Ltd - South Korea
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