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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, 09 November 10
NOBLE GROUP APPOINTED AS THE EXCLUSIVE MARKETING AGENT FOR PT. BERAU COAL
COALspot.com: Noble Group Limited has recently been appointed as the exclusive marketing agent for PT. Berau Coal production exported to internation ...
Monday, 08 November 10
INDONESIAN HBA HAS INCREASED TO $ 95.51 PER TON FOR NOVEMBER LOADING
COALspot.com: The Directorate General of Mineral, Coal and Geothermal of Indonesia has been publishing a monthly coal price reference (HBA) since Fe ...
Sunday, 07 November 10
THE SUPRAMAX INDEX IN THE FAR EAST CONTINUED TO BE UNDER PRESSURE - CAPT. REDDY
COALspot.com: The freight market continued to remain soft and all segments were down by almost about 6 pct.
The BDI and Cape Size index was down ...
Saturday, 06 November 10
DRY BULK MARKET LACKING SUPPORT TO SUSTAIN CURRENT LEVELS, BUT PANAMAX OWNERS ARE MORE FORTUNATE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Posting its fifth straight losing session, the dry bulk market benchmark, the BDI (Baltic Dry Index) was down yesterday by another 1.26% to 2510 poi ...
Friday, 05 November 10
RI COAL EXPORT PROSPECTS STILL BRIGHT - THE JAKARTA POST
The Jakarta Post reported that, Indonesia, already the world’s largest exporter of seaborne thermal coal since 2005, will continue to be a maj ...
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- Kideco Jaya Agung - Indonesia
- Antam Resourcindo - Indonesia
- PowerSource Philippines DevCo
- Commonwealth Bank - Australia
- Ind-Barath Power Infra Limited - India
- Maharashtra Electricity Regulatory Commission - India
- SN Aboitiz Power Inc, Philippines
- Attock Cement Pakistan Limited
- Renaissance Capital - South Africa
- Uttam Galva Steels Limited - India
- Borneo Indobara - Indonesia
- Medco Energi Mining Internasional
- Oldendorff Carriers - Singapore
- Semirara Mining Corp, Philippines
- Coalindo Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Global Business Power Corporation, Philippines
- Vizag Seaport Private Limited - India
- Holcim Trading Pte Ltd - Singapore
- International Coal Ventures Pvt Ltd - India
- The Treasury - Australian Government
- Parliament of New Zealand
- Metalloyd Limited - United Kingdom
- Toyota Tsusho Corporation, Japan
- CNBM International Corporation - China
- The University of Queensland
- Gujarat Sidhee Cement - India
- IEA Clean Coal Centre - UK
- Ministry of Transport, Egypt
- AsiaOL BioFuels Corp., Philippines
- Essar Steel Hazira Ltd - India
- Siam City Cement - Thailand
- Orica Mining Services - Indonesia
- Tamil Nadu electricity Board
- Bangladesh Power Developement Board
- Georgia Ports Authority, United States
- Rio Tinto Coal - Australia
- Binh Thuan Hamico - Vietnam
- Sical Logistics Limited - India
- Gujarat Electricity Regulatory Commission - India
- Aditya Birla Group - India
- Pipit Mutiara Jaya. PT, Indonesia
- Bhushan Steel Limited - India
- Kepco SPC Power Corporation, Philippines
- Cement Manufacturers Association - India
- Madhucon Powers Ltd - India
- Aboitiz Power Corporation - Philippines
- Videocon Industries ltd - India
- Minerals Council of Australia
- Ministry of Mines - Canada
- Mercuria Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- LBH Netherlands Bv - Netherlands
- Vedanta Resources Plc - India
- Eastern Energy - Thailand
- Merrill Lynch Commodities Europe
- Bank of Tokyo Mitsubishi UFJ Ltd
- Carbofer General Trading SA - India
- Marubeni Corporation - India
- Neyveli Lignite Corporation Ltd, - India
- Thai Mozambique Logistica
- Gujarat Mineral Development Corp Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- White Energy Company Limited
- Romanian Commodities Exchange
- London Commodity Brokers - England
- Siam City Cement PLC, Thailand
- Sarangani Energy Corporation, Philippines
- Interocean Group of Companies - India
- Jaiprakash Power Ventures ltd
- Edison Trading Spa - Italy
- Meralco Power Generation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Manunggal Multi Energi - Indonesia
- VISA Power Limited - India
- Trasteel International SA, Italy
- Petrochimia International Co. Ltd.- Taiwan
- Eastern Coal Council - USA
- Globalindo Alam Lestari - Indonesia
- European Bulk Services B.V. - Netherlands
- Alfred C Toepfer International GmbH - Germany
- IHS Mccloskey Coal Group - USA
- Xindia Steels Limited - India
- Sindya Power Generating Company Private Ltd
- Intertek Mineral Services - Indonesia
- Orica Australia Pty. Ltd.
- Bahari Cakrawala Sebuku - Indonesia
- Coal and Oil Company - UAE
- Anglo American - United Kingdom
- Central Electricity Authority - India
- New Zealand Coal & Carbon
- Simpson Spence & Young - Indonesia
- Malabar Cements Ltd - India
- Formosa Plastics Group - Taiwan
- PNOC Exploration Corporation - Philippines
- Sojitz Corporation - Japan
- Bhatia International Limited - India
- Kobexindo Tractors - Indoneisa
- Iligan Light & Power Inc, Philippines
- Grasim Industreis Ltd - India
- Wilmar Investment Holdings
- Sree Jayajothi Cements Limited - India
- Riau Bara Harum - Indonesia
- Thiess Contractors Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- The State Trading Corporation of India Ltd
- GVK Power & Infra Limited - India
- Petron Corporation, Philippines
- Africa Commodities Group - South Africa
- Independent Power Producers Association of India
- Energy Link Ltd, New Zealand
- Bharathi Cement Corporation - India
- PTC India Limited - India
- GMR Energy Limited - India
- Meenaskhi Energy Private Limited - India
- Central Java Power - Indonesia
- Indian Oil Corporation Limited
- Salva Resources Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Bukit Baiduri Energy - Indonesia
- Lanco Infratech Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Vijayanagar Sugar Pvt Ltd - India
- Tata Chemicals Ltd - India
- Makarim & Taira - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- SMG Consultants - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Larsen & Toubro Limited - India
- Chamber of Mines of South Africa
- Singapore Mercantile Exchange
- Jindal Steel & Power Ltd - India
- Kumho Petrochemical, South Korea
- Straits Asia Resources Limited - Singapore
- Indika Energy - Indonesia
- Standard Chartered Bank - UAE
- Indonesian Coal Mining Association
- Leighton Contractors Pty Ltd - Australia
- Miang Besar Coal Terminal - Indonesia
- Kaltim Prima Coal - Indonesia
- Port Waratah Coal Services - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Australian Coal Association
- Altura Mining Limited, Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- MS Steel International - UAE
- Mintek Dendrill Indonesia
- South Luzon Thermal Energy Corporation
- Therma Luzon, Inc, Philippines
- Electricity Authority, New Zealand
- Mercator Lines Limited - India
- Star Paper Mills Limited - India
- Energy Development Corp, Philippines
- Australian Commodity Traders Exchange
- Planning Commission, India
- Bhoruka Overseas - Indonesia
- OPG Power Generation Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Posco Energy - South Korea
- Deloitte Consulting - India
- Global Green Power PLC Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Pendopo Energi Batubara - Indonesia
- Savvy Resources Ltd - HongKong
- Maheswari Brothers Coal Limited - India
- Billiton Holdings Pty Ltd - Australia
- Ministry of Finance - Indonesia
- Bulk Trading Sa - Switzerland
- Indogreen Group - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Bayan Resources Tbk. - Indonesia
- SMC Global Power, Philippines
- Economic Council, Georgia
- Ambuja Cements Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Parry Sugars Refinery, India
- Power Finance Corporation Ltd., India
- Kartika Selabumi Mining - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Coastal Gujarat Power Limited - India
- ASAPP Information Group - India
- Dalmia Cement Bharat India
- Jorong Barutama Greston.PT - Indonesia
- Agrawal Coal Company - India
- Directorate Of Revenue Intelligence - India
- Timah Investasi Mineral - Indoneisa
- Price Waterhouse Coopers - Russia
- Sakthi Sugars Limited - India
- Sinarmas Energy and Mining - Indonesia
- Bukit Makmur.PT - Indonesia
- Ceylon Electricity Board - Sri Lanka
- ICICI Bank Limited - India
- Indian Energy Exchange, India
- Indo Tambangraya Megah - Indonesia
- Banpu Public Company Limited - Thailand
- Heidelberg Cement - Germany
- Bukit Asam (Persero) Tbk - Indonesia
- Electricity Generating Authority of Thailand
- McConnell Dowell - Australia
- Samtan Co., Ltd - South Korea
- India Bulls Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Mjunction Services Limited - India
- Latin American Coal - Colombia
- CIMB Investment Bank - Malaysia
- Karaikal Port Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Wood Mackenzie - Singapore
- GAC Shipping (India) Pvt Ltd
- Baramulti Group, Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Semirara Mining and Power Corporation, Philippines
- Goldman Sachs - Singapore
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