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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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Wednesday, 18 August 10
MADHUCON TO START MINING AT SUMATRA BLOCK IN 2-3 MONTHS
DNA India reported that, Hyderabad-based Madhucon Projects is set to begin mining at one of its coal blocks in Indonesia in 2-3 months, said S Vaiku ...
Tuesday, 17 August 10
HANDIES AND SUPRAS WOKE UP AGAIN AFTER SEVERAL WEEKS OF LETHARGY - BRS
A spectacular increase in Cape size rates pushed the BDI up more than 20% this week, with demand for prompt tonnage in the Pacific causing a major s ...
Monday, 16 August 10
INDIA'S TNPL TO SUPPORT TNEB WITH COAL SUPPLIES
COALspot.com: TNPL to award 300,000 MT of coal supply contract to Nehel General Trading of India. Tamil Nadu state undertaking , Tamil N ...
Monday, 16 August 10
INDONESIA'S PLN SECURED COAL SUPPLIES, LESS IMPACT BY RAINS
COALspot.com: Indonesian State Electricity Company, PT Perusahaan Listrik Negara (PLN), has secured coal supplies for all of its power plants except ...
Sunday, 15 August 10
THE FREIGHT MARKET IS EXPECTED TO REMAIN FIRM - CAPT REDDY
COALspot.com: The BDI rose by almost 22 pct despite peak holiday season which is usually quite market , where as the BCI up sharply by 46 pct which ...
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- Neyveli Lignite Corporation Ltd, - India
- Savvy Resources Ltd - HongKong
- OPG Power Generation Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Bhatia International Limited - India
- Kideco Jaya Agung - Indonesia
- Deloitte Consulting - India
- Altura Mining Limited, Indonesia
- Electricity Generating Authority of Thailand
- Karbindo Abesyapradhi - Indoneisa
- Salva Resources Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Commonwealth Bank - Australia
- Cigading International Bulk Terminal - Indonesia
- GMR Energy Limited - India
- Tamil Nadu electricity Board
- Pipit Mutiara Jaya. PT, Indonesia
- Marubeni Corporation - India
- Jaiprakash Power Ventures ltd
- Tata Chemicals Ltd - India
- Coal and Oil Company - UAE
- GN Power Mariveles Coal Plant, Philippines
- Pendopo Energi Batubara - Indonesia
- Thiess Contractors Indonesia
- Indo Tambangraya Megah - Indonesia
- Sarangani Energy Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- South Luzon Thermal Energy Corporation
- Central Electricity Authority - India
- Mercuria Energy - Indonesia
- Formosa Plastics Group - Taiwan
- Binh Thuan Hamico - Vietnam
- Kartika Selabumi Mining - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Carbofer General Trading SA - India
- Standard Chartered Bank - UAE
- Offshore Bulk Terminal Pte Ltd, Singapore
- Maharashtra Electricity Regulatory Commission - India
- Barasentosa Lestari - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Asmin Koalindo Tuhup - Indonesia
- Economic Council, Georgia
- Semirara Mining and Power Corporation, Philippines
- Edison Trading Spa - Italy
- Renaissance Capital - South Africa
- Antam Resourcindo - Indonesia
- Africa Commodities Group - South Africa
- Aboitiz Power Corporation - Philippines
- Kaltim Prima Coal - Indonesia
- Vedanta Resources Plc - India
- Iligan Light & Power Inc, Philippines
- Medco Energi Mining Internasional
- IHS Mccloskey Coal Group - USA
- Orica Australia Pty. Ltd.
- Leighton Contractors Pty Ltd - Australia
- The State Trading Corporation of India Ltd
- Metalloyd Limited - United Kingdom
- Global Green Power PLC Corporation, Philippines
- PowerSource Philippines DevCo
- Kepco SPC Power Corporation, Philippines
- Oldendorff Carriers - Singapore
- PTC India Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Lanco Infratech Ltd - India
- European Bulk Services B.V. - Netherlands
- Attock Cement Pakistan Limited
- Ministry of Finance - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Bukit Baiduri Energy - Indonesia
- Directorate Of Revenue Intelligence - India
- SN Aboitiz Power Inc, Philippines
- Price Waterhouse Coopers - Russia
- Parliament of New Zealand
- Banpu Public Company Limited - Thailand
- The University of Queensland
- Global Business Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Merrill Lynch Commodities Europe
- Wood Mackenzie - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Petrochimia International Co. Ltd.- Taiwan
- Karaikal Port Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- India Bulls Power Limited - India
- Mjunction Services Limited - India
- SMG Consultants - Indonesia
- Latin American Coal - Colombia
- Wilmar Investment Holdings
- Posco Energy - South Korea
- IEA Clean Coal Centre - UK
- Toyota Tsusho Corporation, Japan
- Bukit Makmur.PT - Indonesia
- Bangladesh Power Developement Board
- Borneo Indobara - Indonesia
- Star Paper Mills Limited - India
- Chamber of Mines of South Africa
- LBH Netherlands Bv - Netherlands
- Port Waratah Coal Services - Australia
- Videocon Industries ltd - India
- Sakthi Sugars Limited - India
- CNBM International Corporation - China
- Minerals Council of Australia
- Sojitz Corporation - Japan
- Indonesian Coal Mining Association
- Vijayanagar Sugar Pvt Ltd - India
- Rio Tinto Coal - Australia
- International Coal Ventures Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- McConnell Dowell - Australia
- Georgia Ports Authority, United States
- Baramulti Group, Indonesia
- Aditya Birla Group - India
- CIMB Investment Bank - Malaysia
- TNB Fuel Sdn Bhd - Malaysia
- Agrawal Coal Company - India
- Jindal Steel & Power Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Makarim & Taira - Indonesia
- MS Steel International - UAE
- Gujarat Sidhee Cement - India
- Indian Oil Corporation Limited
- Essar Steel Hazira Ltd - India
- Interocean Group of Companies - India
- Trasteel International SA, Italy
- Kobexindo Tractors - Indoneisa
- New Zealand Coal & Carbon
- Malabar Cements Ltd - India
- Chettinad Cement Corporation Ltd - India
- Meralco Power Generation, Philippines
- Siam City Cement - Thailand
- Kapuas Tunggal Persada - Indonesia
- VISA Power Limited - India
- Sinarmas Energy and Mining - Indonesia
- Goldman Sachs - Singapore
- Bulk Trading Sa - Switzerland
- San Jose City I Power Corp, Philippines
- Sindya Power Generating Company Private Ltd
- Gujarat Electricity Regulatory Commission - India
- ASAPP Information Group - India
- Grasim Industreis Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- SMC Global Power, Philippines
- Central Java Power - Indonesia
- Straits Asia Resources Limited - Singapore
- Australian Coal Association
- Bukit Asam (Persero) Tbk - Indonesia
- Dalmia Cement Bharat India
- Larsen & Toubro Limited - India
- White Energy Company Limited
- Thai Mozambique Logistica
- Vizag Seaport Private Limited - India
- Holcim Trading Pte Ltd - Singapore
- Independent Power Producers Association of India
- Directorate General of MIneral and Coal - Indonesia
- TeaM Sual Corporation - Philippines
- Power Finance Corporation Ltd., India
- Maheswari Brothers Coal Limited - India
- Indika Energy - Indonesia
- Indogreen Group - Indonesia
- Globalindo Alam Lestari - Indonesia
- Bhushan Steel Limited - India
- Sree Jayajothi Cements Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bharathi Cement Corporation - India
- Eastern Energy - Thailand
- Madhucon Powers Ltd - India
- Indian Energy Exchange, India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Timah Investasi Mineral - Indoneisa
- Mercator Lines Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Heidelberg Cement - Germany
- Semirara Mining Corp, Philippines
- Planning Commission, India
- Anglo American - United Kingdom
- Samtan Co., Ltd - South Korea
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Orica Mining Services - Indonesia
- Eastern Coal Council - USA
- Riau Bara Harum - Indonesia
- Ind-Barath Power Infra Limited - India
- Romanian Commodities Exchange
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kumho Petrochemical, South Korea
- Parry Sugars Refinery, India
- Energy Link Ltd, New Zealand
- Simpson Spence & Young - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- The Treasury - Australian Government
- Electricity Authority, New Zealand
- Ceylon Electricity Board - Sri Lanka
- Petron Corporation, Philippines
- Singapore Mercantile Exchange
- Billiton Holdings Pty Ltd - Australia
- GAC Shipping (India) Pvt Ltd
- Cement Manufacturers Association - India
- Meenaskhi Energy Private Limited - India
- Uttam Galva Steels Limited - India
- London Commodity Brokers - England
- Bayan Resources Tbk. - Indonesia
- GVK Power & Infra Limited - India
- Manunggal Multi Energi - Indonesia
- ICICI Bank Limited - India
- Intertek Mineral Services - Indonesia
- Ministry of Transport, Egypt
- Sical Logistics Limited - India
- Coastal Gujarat Power Limited - India
- Australian Commodity Traders Exchange
- Xindia Steels Limited - India
- Bhoruka Overseas - Indonesia
- Energy Development Corp, Philippines
- Ambuja Cements Ltd - India
- Therma Luzon, Inc, Philippines
- PNOC Exploration Corporation - Philippines
- Coalindo Energy - Indonesia
- Mintek Dendrill Indonesia
- Ministry of Mines - Canada
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