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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, 28 June 10
REVISIONS SHOULD AIM MINERAL AND COAL LAW
VIVAnews reported that, the Consortium of Mineral, Coal and Geothermal-Producing Regional Governments (Minerbapabum) is asking the government to per ...
Monday, 28 June 10
MEC TO INK COAL-EQUITY SWAP DEALS WITH POWER PROJECTS
Business Line reported that, First it was power producers moving to pick up stakes in coal mining projects to ensure the raw material supplies.
N ...
Monday, 28 June 10
COLOMBIA WILL LIKELY EXPORT 80 MILLION TONNES OF COAL IN 2010
Best Colombia reported that, Mr Hernan Martinez energy and mines minister of Colombia told reporters that Colombia will likely export 80 million ton ...
Monday, 28 June 10
WESFARMERS' SEPT QTR COAL PRICE UP 11% - SMH
SMH reported that, Wesfarmers Ltd says it expects a 11 per cent increase in prices for metallurgical coal from its Curragh mine in Queensland in the ...
Saturday, 26 June 10
THE SUPRAMAX INDEX FOR S6 ROUTE WAS UP BY US$ 1091 PER DAY OR 5.7 PERCENT D-O-D -- VISTAAR
COALspot.com: The market appears to be steadying with all indices almost stabilizing and the drop much less than last two weeks.
The BDI softened ...
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- Deloitte Consulting - India
- Singapore Mercantile Exchange
- Maheswari Brothers Coal Limited - India
- Australian Coal Association
- Ministry of Transport, Egypt
- Wilmar Investment Holdings
- Pendopo Energi Batubara - Indonesia
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- Samtan Co., Ltd - South Korea
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Economic Council, Georgia
- LBH Netherlands Bv - Netherlands
- Bhoruka Overseas - Indonesia
- Grasim Industreis Ltd - India
- Energy Development Corp, Philippines
- The Treasury - Australian Government
- Global Business Power Corporation, Philippines
- Edison Trading Spa - Italy
- Georgia Ports Authority, United States
- Dalmia Cement Bharat India
- Maharashtra Electricity Regulatory Commission - India
- Alfred C Toepfer International GmbH - Germany
- Directorate Of Revenue Intelligence - India
- Antam Resourcindo - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Bharathi Cement Corporation - India
- Price Waterhouse Coopers - Russia
- Intertek Mineral Services - Indonesia
- Jaiprakash Power Ventures ltd
- Bayan Resources Tbk. - Indonesia
- Barasentosa Lestari - Indonesia
- Star Paper Mills Limited - India
- Kohat Cement Company Ltd. - Pakistan
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- Power Finance Corporation Ltd., India
- Standard Chartered Bank - UAE
- London Commodity Brokers - England
- Toyota Tsusho Corporation, Japan
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- Attock Cement Pakistan Limited
- Gujarat Electricity Regulatory Commission - India
- India Bulls Power Limited - India
- Ambuja Cements Ltd - India
- Cement Manufacturers Association - India
- Energy Link Ltd, New Zealand
- Bhushan Steel Limited - India
- Orica Australia Pty. Ltd.
- Sinarmas Energy and Mining - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bulk Trading Sa - Switzerland
- Port Waratah Coal Services - Australia
- Sakthi Sugars Limited - India
- Billiton Holdings Pty Ltd - Australia
- SMC Global Power, Philippines
- Xindia Steels Limited - India
- Marubeni Corporation - India
- Electricity Generating Authority of Thailand
- International Coal Ventures Pvt Ltd - India
- Mintek Dendrill Indonesia
- Carbofer General Trading SA - India
- Siam City Cement - Thailand
- Minerals Council of Australia
- Leighton Contractors Pty Ltd - Australia
- Eastern Energy - Thailand
- Coastal Gujarat Power Limited - India
- Ind-Barath Power Infra Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Straits Asia Resources Limited - Singapore
- White Energy Company Limited
- Central Electricity Authority - India
- Sree Jayajothi Cements Limited - India
- Ministry of Mines - Canada
- Indian Energy Exchange, India
- Semirara Mining Corp, Philippines
- Formosa Plastics Group - Taiwan
- Siam City Cement PLC, Thailand
- Lanco Infratech Ltd - India
- Indo Tambangraya Megah - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Rashtriya Ispat Nigam Limited - India
- Romanian Commodities Exchange
- Directorate General of MIneral and Coal - Indonesia
- Iligan Light & Power Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Aditya Birla Group - India
- GMR Energy Limited - India
- Sindya Power Generating Company Private Ltd
- Coal and Oil Company - UAE
- Tamil Nadu electricity Board
- Posco Energy - South Korea
- Meralco Power Generation, Philippines
- Ministry of Finance - Indonesia
- Binh Thuan Hamico - Vietnam
- Indonesian Coal Mining Association
- Kaltim Prima Coal - Indonesia
- Australian Commodity Traders Exchange
- Videocon Industries ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Eastern Coal Council - USA
- Electricity Authority, New Zealand
- Global Coal Blending Company Limited - Australia
- Essar Steel Hazira Ltd - India
- Oldendorff Carriers - Singapore
- Heidelberg Cement - Germany
- Indian Oil Corporation Limited
- Wood Mackenzie - Singapore
- Planning Commission, India
- SMG Consultants - Indonesia
- The State Trading Corporation of India Ltd
- PetroVietnam Power Coal Import and Supply Company
- Baramulti Group, Indonesia
- Latin American Coal - Colombia
- McConnell Dowell - Australia
- Therma Luzon, Inc, Philippines
- Indika Energy - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sical Logistics Limited - India
- Africa Commodities Group - South Africa
- Jorong Barutama Greston.PT - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- CIMB Investment Bank - Malaysia
- Kepco SPC Power Corporation, Philippines
- Merrill Lynch Commodities Europe
- AsiaOL BioFuels Corp., Philippines
- Uttam Galva Steels Limited - India
- Agrawal Coal Company - India
- Pipit Mutiara Jaya. PT, Indonesia
- Petron Corporation, Philippines
- TeaM Sual Corporation - Philippines
- European Bulk Services B.V. - Netherlands
- Trasteel International SA, Italy
- Malabar Cements Ltd - India
- Parry Sugars Refinery, India
- Karaikal Port Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Coalindo Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Vedanta Resources Plc - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Anglo American - United Kingdom
- Rio Tinto Coal - Australia
- GAC Shipping (India) Pvt Ltd
- Semirara Mining and Power Corporation, Philippines
- Thiess Contractors Indonesia
- Cigading International Bulk Terminal - Indonesia
- Gujarat Sidhee Cement - India
- Vizag Seaport Private Limited - India
- Krishnapatnam Port Company Ltd. - India
- San Jose City I Power Corp, Philippines
- Interocean Group of Companies - India
- Independent Power Producers Association of India
- PNOC Exploration Corporation - Philippines
- Orica Mining Services - Indonesia
- Bhatia International Limited - India
- OPG Power Generation Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Renaissance Capital - South Africa
- Commonwealth Bank - Australia
- Holcim Trading Pte Ltd - Singapore
- Tata Chemicals Ltd - India
- Kumho Petrochemical, South Korea
- Karbindo Abesyapradhi - Indoneisa
- Thai Mozambique Logistica
- Makarim & Taira - Indonesia
- IHS Mccloskey Coal Group - USA
- ICICI Bank Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mjunction Services Limited - India
- Bukit Makmur.PT - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Mercator Lines Limited - India
- IEA Clean Coal Centre - UK
- Indogreen Group - Indonesia
- PowerSource Philippines DevCo
- Parliament of New Zealand
- Miang Besar Coal Terminal - Indonesia
- Borneo Indobara - Indonesia
- Metalloyd Limited - United Kingdom
- South Luzon Thermal Energy Corporation
- Sarangani Energy Corporation, Philippines
- Simpson Spence & Young - Indonesia
- Globalindo Alam Lestari - Indonesia
- MS Steel International - UAE
- New Zealand Coal & Carbon
- Kartika Selabumi Mining - Indonesia
- Goldman Sachs - Singapore
- Timah Investasi Mineral - Indoneisa
- Central Java Power - Indonesia
- Madhucon Powers Ltd - India
- Savvy Resources Ltd - HongKong
- Kideco Jaya Agung - Indonesia
- Banpu Public Company Limited - Thailand
- Jindal Steel & Power Ltd - India
- CNBM International Corporation - China
- Aboitiz Power Corporation - Philippines
- Chettinad Cement Corporation Ltd - India
- Bangladesh Power Developement Board
- Sojitz Corporation - Japan
- Kobexindo Tractors - Indoneisa
- GVK Power & Infra Limited - India
- Bukit Baiduri Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Riau Bara Harum - Indonesia
- The University of Queensland
- Chamber of Mines of South Africa
- Altura Mining Limited, Indonesia
- Medco Energi Mining Internasional
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- Global Green Power PLC Corporation, Philippines
- PTC India Limited - India
- Larsen & Toubro Limited - India
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