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

Saturday, 07 August 10
INDIAN COAL IMPORTS WILL PLAY AN IMPORTANT PART IN KEEPING THE FREIGHT MARKET FIRM IN FUTURE - VISTAAR
COALspot.com: The freight market was volatile with market ending firmed and the BDI crossing 2000 points up by 3 pct, however the BCI was up by 14 p ...


Friday, 06 August 10
KRISHNAPATNAM PORT WINS NON MAJOR PORT AWARD 2ND TIME IN A ROW
COAlspot.com ( Press Release) Krishnapatnam Port, the world-class port on the Indian horizon, took the top honors for the second time in a row, in t ...


Friday, 06 August 10
POLANDS KOPEX GROUP DEVELOPS COAL MINE IN INDONESIA
Polishmarket reported that, Polish mining concern Kopex Group, , is to build the first in Indonesia mechanised underground coal mine. The group is c ...


Thursday, 05 August 10
MORATORIUM MAY HURT NEW PROJECTS: MINING GROUP
The government’s proposed two-year moratorium on issuing new concessions to convert forests and peatlands to other uses may hinder new mining ...


Thursday, 05 August 10
IRON ORE EXPORT BAN COMPOUNDS PROBLEMS OF INDUSTRY - BUSINESS STANDARD
Forex loss of Rs 300 crore (US$ 65.63 million) ; truckers, ports, Railways bear the brunt The Karnataka government’s move to ban the export ...


   1134 1135 1136 1137 1138   
Showing 5676 to 5680 news of total 6871
News by Category
Popular News
 
Total Members : 28,697
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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