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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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Monday, 02 August 10
DRY BULK MARKET NEEDS TO FIND ADDITIONAL SUPPORT IN AUGUST
The dry bulk market ended another week of rebounding, posting on Friday its 11th straight rise. Still, as analysts point out the rate of this rise h ...
Monday, 02 August 10
LINC, ADANI COMPLETE THEIR COAL CONNECTION
"THE much-speculated deal between underground coal gasification company Linc Energy and India's Adani Enterprises is set to be signed tomorrow ...
Saturday, 31 July 10
TABONEO ANCHORAGE TO LOAD 1.5 MLN TON OR MORE COAL IN H1 AUGUST
COALspot.com: Eighty five ocean going vessels and barges have been nominated by coal buyers to their respective suppliers in Indonesia to load about ...
Saturday, 31 July 10
SEEMS THE FREIGHT MARKET WOULD BE FAIRLY STABLE FOR H2 2010 - VISTAAR
COALspot.com: The BDI continued moving up since 16th July and rise by 14 pct almost touching 2000 points.
The BDI was up by 7.72 pct last week wh ...
Friday, 30 July 10
DRY BULK MARKET BACK ON THE ROAD TO RECOVERY
Freight rates for dry bulk carriers have continued to edge higher this week, with the industry’s main benchmark, the Baltic Dry Index (BDI) ga ...
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- Sinarmas Energy and Mining - Indonesia
- Larsen & Toubro Limited - India
- Mintek Dendrill Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- SMC Global Power, Philippines
- Parry Sugars Refinery, India
- Kobexindo Tractors - Indoneisa
- CNBM International Corporation - China
- Central Java Power - Indonesia
- Cement Manufacturers Association - India
- Wilmar Investment Holdings
- Mercator Lines Limited - India
- AsiaOL BioFuels Corp., Philippines
- Samtan Co., Ltd - South Korea
- Pipit Mutiara Jaya. PT, Indonesia
- Australian Commodity Traders Exchange
- Deloitte Consulting - India
- Agrawal Coal Company - India
- Ind-Barath Power Infra Limited - India
- Baramulti Group, Indonesia
- McConnell Dowell - Australia
- Thiess Contractors Indonesia
- Kohat Cement Company Ltd. - Pakistan
- SMG Consultants - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Formosa Plastics Group - Taiwan
- Central Electricity Authority - India
- Energy Link Ltd, New Zealand
- Directorate Of Revenue Intelligence - India
- Price Waterhouse Coopers - Russia
- Malabar Cements Ltd - India
- Coal and Oil Company - UAE
- OPG Power Generation Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Bukit Baiduri Energy - Indonesia
- Heidelberg Cement - Germany
- Power Finance Corporation Ltd., India
- Aboitiz Power Corporation - Philippines
- Toyota Tsusho Corporation, Japan
- Bank of Tokyo Mitsubishi UFJ Ltd
- PetroVietnam Power Coal Import and Supply Company
- Jindal Steel & Power Ltd - India
- Jaiprakash Power Ventures ltd
- International Coal Ventures Pvt Ltd - India
- Interocean Group of Companies - India
- Directorate General of MIneral and Coal - Indonesia
- Globalindo Alam Lestari - Indonesia
- The University of Queensland
- Renaissance Capital - South Africa
- Grasim Industreis Ltd - India
- VISA Power Limited - India
- Ministry of Finance - Indonesia
- Indonesian Coal Mining Association
- Kaltim Prima Coal - Indonesia
- Electricity Authority, New Zealand
- Alfred C Toepfer International GmbH - Germany
- Mjunction Services Limited - India
- London Commodity Brokers - England
- CIMB Investment Bank - Malaysia
- The Treasury - Australian Government
- Kumho Petrochemical, South Korea
- Iligan Light & Power Inc, Philippines
- SN Aboitiz Power Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
- European Bulk Services B.V. - Netherlands
- Simpson Spence & Young - Indonesia
- Thai Mozambique Logistica
- Global Coal Blending Company Limited - Australia
- MS Steel International - UAE
- IEA Clean Coal Centre - UK
- Oldendorff Carriers - Singapore
- Indo Tambangraya Megah - Indonesia
- Independent Power Producers Association of India
- Banpu Public Company Limited - Thailand
- Semirara Mining and Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Indika Energy - Indonesia
- Salva Resources Pvt Ltd - India
- Planning Commission, India
- Indogreen Group - Indonesia
- Global Business Power Corporation, Philippines
- Bhushan Steel Limited - India
- Parliament of New Zealand
- White Energy Company Limited
- Dalmia Cement Bharat India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Siam City Cement PLC, Thailand
- Rio Tinto Coal - Australia
- Antam Resourcindo - Indonesia
- Siam City Cement - Thailand
- Sojitz Corporation - Japan
- LBH Netherlands Bv - Netherlands
- Uttam Galva Steels Limited - India
- Merrill Lynch Commodities Europe
- Offshore Bulk Terminal Pte Ltd, Singapore
- Star Paper Mills Limited - India
- Cigading International Bulk Terminal - Indonesia
- Kepco SPC Power Corporation, Philippines
- Ambuja Cements Ltd - India
- Australian Coal Association
- Lanco Infratech Ltd - India
- Videocon Industries ltd - India
- GVK Power & Infra Limited - India
- Vizag Seaport Private Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sical Logistics Limited - India
- Tata Chemicals Ltd - India
- Orica Australia Pty. Ltd.
- Attock Cement Pakistan Limited
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Straits Asia Resources Limited - Singapore
- The State Trading Corporation of India Ltd
- Holcim Trading Pte Ltd - Singapore
- Edison Trading Spa - Italy
- Xindia Steels Limited - India
- Borneo Indobara - Indonesia
- Economic Council, Georgia
- Gujarat Electricity Regulatory Commission - India
- San Jose City I Power Corp, Philippines
- IHS Mccloskey Coal Group - USA
- Sarangani Energy Corporation, Philippines
- Semirara Mining Corp, Philippines
- ICICI Bank Limited - India
- Anglo American - United Kingdom
- Rashtriya Ispat Nigam Limited - India
- Sindya Power Generating Company Private Ltd
- TNB Fuel Sdn Bhd - Malaysia
- Madhucon Powers Ltd - India
- Sakthi Sugars Limited - India
- South Luzon Thermal Energy Corporation
- Ceylon Electricity Board - Sri Lanka
- Bangladesh Power Developement Board
- Karbindo Abesyapradhi - Indoneisa
- Manunggal Multi Energi - Indonesia
- Carbofer General Trading SA - India
- Miang Besar Coal Terminal - Indonesia
- Posco Energy - South Korea
- Bayan Resources Tbk. - Indonesia
- India Bulls Power Limited - India
- Marubeni Corporation - India
- Ministry of Mines - Canada
- GN Power Mariveles Coal Plant, Philippines
- Singapore Mercantile Exchange
- Indian Energy Exchange, India
- Kapuas Tunggal Persada - Indonesia
- Coalindo Energy - Indonesia
- Energy Development Corp, Philippines
- Bhatia International Limited - India
- Bhoruka Overseas - Indonesia
- Electricity Generating Authority of Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Karaikal Port Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Metalloyd Limited - United Kingdom
- Therma Luzon, Inc, Philippines
- Eastern Coal Council - USA
- Essar Steel Hazira Ltd - India
- Meralco Power Generation, Philippines
- Barasentosa Lestari - Indonesia
- Eastern Energy - Thailand
- Timah Investasi Mineral - Indoneisa
- Pendopo Energi Batubara - Indonesia
- Medco Energi Mining Internasional
- PNOC Exploration Corporation - Philippines
- Goldman Sachs - Singapore
- Romanian Commodities Exchange
- Vedanta Resources Plc - India
- Wood Mackenzie - Singapore
- Indian Oil Corporation Limited
- Krishnapatnam Port Company Ltd. - India
- Makarim & Taira - Indonesia
- Riau Bara Harum - Indonesia
- Chamber of Mines of South Africa
- Minerals Council of Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Tamil Nadu electricity Board
- Bulk Trading Sa - Switzerland
- Maharashtra Electricity Regulatory Commission - India
- Kideco Jaya Agung - Indonesia
- Binh Thuan Hamico - Vietnam
- Latin American Coal - Colombia
- Sree Jayajothi Cements Limited - India
- Billiton Holdings Pty Ltd - Australia
- Commonwealth Bank - Australia
- PowerSource Philippines DevCo
- Asmin Koalindo Tuhup - Indonesia
- GAC Shipping (India) Pvt Ltd
- Petron Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Orica Mining Services - Indonesia
- Port Waratah Coal Services - Australia
- Coastal Gujarat Power Limited - India
- Global Green Power PLC Corporation, Philippines
- GMR Energy Limited - India
- Aditya Birla Group - India
- Trasteel International SA, Italy
- Georgia Ports Authority, United States
- Bharathi Cement Corporation - India
- Mercuria Energy - Indonesia
- Altura Mining Limited, Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Savvy Resources Ltd - HongKong
- Intertek Mineral Services - Indonesia
- PTC India Limited - India
- Africa Commodities Group - South Africa
- Ministry of Transport, Egypt
- Standard Chartered Bank - UAE
- New Zealand Coal & Carbon
- ASAPP Information Group - India
- Gujarat Sidhee Cement - India
- Neyveli Lignite Corporation Ltd, - India
- Maheswari Brothers Coal Limited - India
- Kartika Selabumi Mining - Indonesia
- Meenaskhi Energy Private Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
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