COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
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



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Friday, 17 December 10
NALCO SHORTLISTS COAL FIRMS FOR INDONESIA PROJECT - BUSINESS-STANDARD
Business-Standard reported that, State-owned NALCO today said it has shortlisted two firms for supply of coal for its Rs 18,000-crore (US$ 3,953,003 ...


Thursday, 16 December 10
LANCO BAGS AUSTRALIAN COAL MINER GRIFFITH - DNA
As part of its strategy to secure coal supplies for meeting its needs in expanding power generation capacities, infrastructure major Lanco Infratech ...


Thursday, 16 December 10
COAL INDIA IN TALKS WITH INDONESIAN CO TO BUY ITS COAL MINES - APN NEWS
APN News reported that, World’s largest coal producer Coal India is in talks with Indonesia’s Sinar Mas Group for acquiring coal mines i ...


Wednesday, 15 December 10
GOVT SETS NEW MINIMUM LEVEL FOR DOMESTIC MARKET SALES - THE JAKARTA POST
The Jakarta Post reported that, Indonesian coal producers are required to sell at least 24.17 percent of their production to the domestic market nex ...


Wednesday, 15 December 10
CAPESIZE RATES ARE NOW AT THEIR LOWEST LEVEL SINCE AUGUST
It was a repeat performance for the market this week, with another increase in earnings for the small sizes but a sharp drop for the Capes. Overall ...


   1096 1097 1098 1099 1100   
Showing 5486 to 5490 news of total 6871
News by Category
Popular News
 
Total Members : 28,698
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Bank of America
  • GHCL Limited - India
  • Latin American Coal - Colombia
  • globalCOAL - UK
  • Indorama - Singapore
  • KOWEPO - South Korea
  • Kumho Petrochemical, South Korea
  • Planning Commission, India
  • Jaiprakash Power Ventures ltd
  • Mitsubishi Corporation
  • Larsen & Toubro Limited - India
  • LBH Netherlands Bv - Netherlands
  • Pinang Coal Indonesia
  • Kobe Steel Ltd - Japan
  • VISA Power Limited - India
  • Mitra SK Pvt Ltd - India
  • Bahari Cakrawala Sebuku - Indonesia
  • SGS (Thailand) Limited
  • Cigading International Bulk Terminal - Indonesia
  • Binh Thuan Hamico - Vietnam
  • Siam City Cement PLC, Thailand
  • Asmin Koalindo Tuhup - Indonesia
  • Essar Steel Hazira Ltd - India
  • KPCL - India
  • White Energy Company Limited
  • ICICI Bank Limited - India
  • Leighton Contractors Pty Ltd - Australia
  • Barclays Capital - USA
  • Noble Europe Ltd - UK
  • Coal and Oil Company - UAE
  • Kaltim Prima Coal - Indonesia
  • Coalindo Energy - Indonesia
  • European Bulk Services B.V. - Netherlands
  • Geoservices-GeoAssay Lab
  • PLN - Indonesia
  • Central Java Power - Indonesia
  • Ceylon Electricity Board - Sri Lanka
  • Mercuria Energy - Indonesia
  • Uttam Galva Steels Limited - India
  • JPMorgan - India
  • Wilmar Investment Holdings
  • Electricity Generating Authority of Thailand
  • CESC Limited - India
  • IEA Clean Coal Centre - UK
  • Thiess Contractors Indonesia
  • ASAPP Information Group - India
  • Australian Coal Association
  • New Zealand Coal & Carbon
  • Argus Media - Singapore
  • Formosa Plastics Group - Taiwan
  • OCBC - Singapore
  • Ministry of Mines - Canada
  • Therma Luzon, Inc, Philippines
  • GMR Energy Limited - India
  • Parry Sugars Refinery, India
  • Makarim & Taira - Indonesia
  • PNOC Exploration Corporation - Philippines
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Banpu Public Company Limited - Thailand
  • Vitol - Bahrain
  • Sinarmas Energy and Mining - Indonesia
  • Bukit Makmur.PT - Indonesia
  • Aditya Birla Group - India
  • India Bulls Power Limited - India
  • Thai Mozambique Logistica
  • Coeclerici Indonesia
  • Indian Oil Corporation Limited
  • London Commodity Brokers - England
  • ACC Limited - India
  • Chamber of Mines of South Africa
  • J M Baxi & Co - India
  • Tata Chemicals Ltd - India
  • Oldendorff Carriers - Singapore
  • MEC Coal - Indonesia
  • Enel Italy
  • KPMG - USA
  • Eastern Coal Council - USA
  • Bangladesh Power Developement Board
  • Jatenergy - Australia
  • SMG Consultants - Indonesia
  • Xindia Steels Limited - India
  • Kepco SPC Power Corporation, Philippines
  • Humpuss - Indonesia
  • EIA - United States
  • Posco Energy - South Korea
  • Mjunction Services Limited - India
  • TGV SRAAC LIMITED, India
  • Central Electricity Authority - India
  • BNP Paribas - Singapore
  • Gupta Coal India Ltd
  • International Coal Ventures Pvt Ltd - India
  • Indo Tambangraya Megah - Indonesia
  • Eastern Energy - Thailand
  • Lafarge - France
  • UBS Singapore
  • Japan Coal Energy Center
  • PLN Batubara - Indonesia
  • Billiton Holdings Pty Ltd - Australia
  • Chettinad Cement Corporation Ltd - India
  • Intertek Mineral Services - Indonesia
  • Samsung - South Korea
  • Sree Jayajothi Cements Limited - India
  • Shree Cement - India
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Riau Bara Harum - Indonesia
  • Cement Manufacturers Association - India
  • The India Cements Ltd
  • Baramulti Group, Indonesia
  • Economic Council, Georgia
  • Cosco
  • Karaikal Port Pvt Ltd - India
  • Bangkok Bank PCL
  • Vijayanagar Sugar Pvt Ltd - India
  • Deutsche Bank - India
  • Meenaskhi Energy Private Limited - India
  • Siam City Cement - Thailand
  • Commonwealth Bank - Australia
  • SASOL - South Africa
  • Platou - Singapore
  • Goldman Sachs - Singapore
  • IMC Shipping - Singapore
  • Tamil Nadu electricity Board
  • The State Trading Corporation of India Ltd
  • NALCO India
  • Georgia Ports Authority, United States
  • EMO - The Netherlands
  • Credit Suisse - India
  • Asian Development Bank
  • Singapore Mercantile Exchange
  • Orica Australia Pty. Ltd.
  • Xstrata Coal
  • ING Bank NV - Singapore
  • The University of Queensland
  • Orica Mining Services - Indonesia
  • Rashtriya Ispat Nigam Limited - India
  • Bharathi Cement Corporation - India
  • Lanco Infratech Ltd - India
  • SMC Global Power, Philippines
  • GNFC Limited - India
  • Gujarat Mineral Development Corp Ltd - India
  • SUEK AG - Indonesia
  • GAC Shipping (India) Pvt Ltd
  • AsiaOL BioFuels Corp., Philippines
  • Merrill Lynch Commodities Europe
  • Britmindo - Indonesia
  • CIMB Investment Bank - Malaysia
  • Ince & co LLP
  • Global Coal Blending Company Limited - Australia
  • Ernst & Young Pvt. Ltd.
  • Ind-Barath Power Infra Limited - India
  • Minerals Council of Australia
  • Gresik Semen - Indonesia
  • ANZ Bank - Australia
  • Indonesia Power. PT
  • ETA - Dubai
  • Tata Power - India
  • Standard Chartered Bank - UAE
  • Energy Link Ltd, New Zealand
  • Global Business Power Corporation, Philippines
  • Indian Energy Exchange, India
  • HSBC - Hong Kong
  • Deloitte Consulting - India
  • Russian Coal LLC
  • Idemitsu - Japan
  • Berau Coal - Indonesia
  • Cebu Energy, Philippines
  • TANGEDCO India
  • Anglo American - United Kingdom
  • Thailand Anthracite
  • Platts
  • Aboitiz Power Corporation - Philippines
  • World Bank
  • Sakthi Sugars Limited - India
  • Kobexindo Tractors - Indoneisa
  • Simpson Spence & Young - Indonesia
  • Sucofindo - Indonesia
  • Pendopo Energi Batubara - Indonesia
  • Inco-Indonesia
  • South Luzon Thermal Energy Corporation
  • PetroVietnam Power Coal Import and Supply Company
  • Grasim Industreis Ltd - India
  • Coal Orbis AG
  • PowerSource Philippines DevCo
  • Bank of China, Malaysia
  • World Coal - UK
  • Gujarat Sidhee Cement - India
  • Medco Energi Mining Internasional
  • bp singapore
  • GN Power Mariveles Coal Plant, Philippines
  • Inspectorate - India
  • Mechel - Russia
  • Arutmin Indonesia
  • WorleyParsons
  • Kapuas Tunggal Persada - Indonesia
  • Tanito Harum - Indonesia
  • TeaM Sual Corporation - Philippines
  • Infraline Energy - India
  • Directorate General of MIneral and Coal - Indonesia
  • Vizag Seaport Private Limited - India
  • Energy Development Corp, Philippines
  • Salva Resources Pvt Ltd - India
  • Panama Canal Authority
  • BRS Brokers - Singapore
  • Moodys - Singapore
  • Videocon Industries ltd - India
  • Malco - India
  • Price Waterhouse Coopers - Russia
  • Pipit Mutiara Jaya. PT, Indonesia
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • KEPCO - South Korea
  • McConnell Dowell - Australia
  • Indonesian Coal Mining Association
  • Bhatia International Limited - India
  • Neyveli Lignite Corporation Ltd, - India
  • Sindya Power Generating Company Private Ltd
  • Renaissance Capital - South Africa
  • Star Paper Mills Limited - India
  • Vedanta Resources Plc - India
  • PetroVietnam
  • MS Steel International - UAE
  • Bayan Resources Tbk. - Indonesia
  • OPG Power Generation Pvt Ltd - India
  • Total Coal South Africa
  • Holcim Trading Pte Ltd - Singapore
  • IOL Indonesia
  • Miang Besar Coal Terminal - Indonesia
  • Cardiff University - UK
  • SRK Consulting
  • Antam Resourcindo - Indonesia
  • Malabar Cements Ltd - India
  • Port Waratah Coal Services - Australia
  • U S Energy Resources
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Kalimantan Lumbung Energi - Indonesia
  • Straits Asia Resources Limited - Singapore
  • Edison Trading Spa - Italy
  • Heidelberg Cement - Germany
  • Altura Mining Limited, Indonesia
  • Coaltrans Conferences
  • Asia Cement - Taiwan
  • Glencore India Pvt. Ltd
  • Sarangani Energy Corporation, Philippines
  • Coal India Limited
  • Borneo Indobara - Indonesia
  • Australian Commodity Traders Exchange
  • Carbofer General Trading SA - India
  • Timah Investasi Mineral - Indoneisa
  • Vale Mozambique
  • Bukit Asam (Persero) Tbk - Indonesia
  • Kohat Cement Company Ltd. - Pakistan
  • Fearnleys - India
  • Africa Commodities Group - South Africa
  • Sical Logistics Limited - India
  • Metalloyd Limited - United Kingdom
  • TNPL - India
  • TRAFIGURA, South Korea
  • Jindal Steel & Power Ltd - India
  • Ministry of Transport, Egypt
  • McKinsey & Co - India
  • Gujarat Electricity Regulatory Commission - India
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Indogreen Group - Indonesia
  • Petron Corporation, Philippines
  • Indika Energy - Indonesia
  • Mercator Lines Limited - India
  • Bhoruka Overseas - Indonesia
  • Parliament of New Zealand
  • Thriveni
  • Meralco Power Generation, Philippines
  • Mintek Dendrill Indonesia
  • CCIC - Indonesia
  • CoalTek, United States
  • Rio Tinto Coal - Australia
  • Alfred C Toepfer International GmbH - Germany
  • Permata Bank - Indonesia
  • Interocean Group of Companies - India
  • Dalmia Cement Bharat India
  • Wood Mackenzie - Singapore
  • Bukit Baiduri Energy - Indonesia
  • Adaro Indonesia
  • Iligan Light & Power Inc, Philippines
  • Attock Cement Pakistan Limited
  • Maheswari Brothers Coal Limited - India
  • Indian School of Mines
  • Kideco Jaya Agung - Indonesia
  • Runge Indonesia
  • Bulk Trading Sa - Switzerland
  • Madhucon Powers Ltd - India
  • Cemex - Philippines
  • Agrawal Coal Company - India
  • Rudhra Energy - India
  • Independent Power Producers Association of India
  • Power Finance Corporation Ltd., India
  • Clarksons - UK
  • Maharashtra Electricity Regulatory Commission - India
  • Surastha Cement
  • Sojitz Corporation - Japan
  • Qatrana Cement - Jordan
  • Petrochimia International Co. Ltd.- Taiwan
  • Barasentosa Lestari - Indonesia
  • Samtan Co., Ltd - South Korea
  • SN Aboitiz Power Inc, Philippines
  • Global Green Power PLC Corporation, Philippines
  • UOB Asia (HK) Ltd
  • Globalindo Alam Lestari - Indonesia
  • Savvy Resources Ltd - HongKong
  • Thomson Reuters GRC
  • Maruti Cements - India
  • Reliance Power - India
  • Electricity Authority, New Zealand
  • Kartika Selabumi Mining - Indonesia
  • Shenhua Group - China
  • Adani Power Ltd - India
  • Arch Coal - USA
  • NTPC Limited - India
  • GVK Power & Infra Limited - India
  • Maersk Broker
  • Bhushan Steel Limited - India
  • Mitsui
  • Coastal Gujarat Power Limited - India
  • APGENCO India
  • JPower - Japan
  • Petrosea - Indonesia
  • Manunggal Multi Energi - Indonesia
  • PTC India Limited - India
  • CNBM International Corporation - China
  • Marubeni Corporation - India
  • San Jose City I Power Corp, Philippines
  • RBS Sempra - UK
  • Romanian Commodities Exchange
  • Semirara Mining Corp, Philippines
  • DBS Bank - Singapore
  • IHS Mccloskey Coal Group - USA
  • Core Mineral Indonesia
  • TNB Fuel Sdn Bhd - Malaysia
  • Toyota Tsusho Corporation, Japan
  • Maybank - Singapore
  • Merrill Lynch Bank
  • Karbindo Abesyapradhi - Indoneisa
  • Semirara Mining and Power Corporation, Philippines
  • IBC Asia (S) Pte Ltd
  • GB Group - China
  • Cargill India Pvt Ltd
  • Ambuja Cements Ltd - India
  • Peabody Energy - USA
  • Jorong Barutama Greston.PT - Indonesia
  • Trasteel International SA, Italy
  • Ministry of Finance - Indonesia
  • Freeport Indonesia
  • The Treasury - Australian Government
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Thermax Limited - India
  • Directorate Of Revenue Intelligence - India
  • Krishnapatnam Port Company Ltd. - India
  • Bank of Tokyo Mitsubishi UFJ Ltd