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

Tuesday, 20 July 10
CHURCHILL PLANNING TO PRODUCE 35 MILLION TONNES PER ANNUM FROM ITS EAST KUTAI COAL PROJECT
According to Churchill's website, the East Kutai Coal Project is a world-class thermal coal deposit, with a JORC Mining Reserve of 961 milli ...


Tuesday, 20 July 10
DRY BULK SHIPPING MARKET FINDING SOME SUPPORT, AS OWNERS TAKE CAPE SIZES OFF THE MARKET
With the Baltic Dry Index finally having reached bottom, at least according to market analysts, the dry bulk industry is looking to begin its long r ...


Monday, 19 July 10
INDONESIA EXPORTS 24.49 MILLION TONNES OF COAL IN JUNE 2010
COALspot.com: Indonesia, the world largest coal exporter, exported 141.249 million tons of coal in the first half of this year. In June 2010, Indone ...


Monday, 19 July 10
CHINA ONCE AGAIN DOMINATING SHIPPING FREIGHT RATES, WHILE OVERSUPPLY OF TONNAGE RAISES CONCERN
The ending of the week brought a cheerful note among dry bulk ship owners, as the sinking benchmark of the industry, the Baltic Dry Index (BDI) fina ...


Saturday, 17 July 10
THE DRY BULK MARKET CONTINUED THE DOWNWARD TREND - VISTAAR
COALspot.com: The indices continued the downward trend this week also with BDI at 1,720 points and cape size index at 1676 points and the charter ra ...


   1142 1143 1144 1145 1146   
Showing 5716 to 5720 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 ...

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