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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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Tuesday, 25 May 10
KALIMANTAN COAL RAIL PROJECT RUNS INTO COST DELAY - THE JAKARTA GLOBE
The Jakart globe reported that, A$1.5 billion coal rail and port project planned for Central Kalimantan may be delayed by a year after a review of t ...
Tuesday, 25 May 10
BUMPER YEAR PREDICTED FOR INDONESIAN COAL - THE JAKARTA GLOBE
The Jakarta globe reported that, In The country’s coal output may reach 320 million tons this year, up from 300 million tons in 2009, as produ ...
Tuesday, 25 May 10
CHINA'S COAL SHIPMENTS VIA ITS MAIN PORTS RISE BY 13.1 PERCENT IN APRIL
According to the data issued by China's Ministry of Industry and Information on May 21, in April total coal shipments via China's main ports reach ...
Monday, 24 May 10
SAMTAN TO SELL KIDECO TO INDIKA ENERGY?
Insider Stories reported that, Parent company of Indonesia's coal mining contractor PT Petrosea Tbk (PTRO), PT Indika Energy Tbk (INDY) aims to boo ...
Monday, 24 May 10
INDIA'S ESSAR SHIPPING BEGIN COMMERCIAL OPERATIONS OF BULK TERMINAL AT HAZIRA
COALspot.com: Essar Shipping Ports & Logistics Ltd. commences commercial operations of Essar Bulk Terminal at Hazira, one of India's largest dr ...
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- International Coal Ventures Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Chettinad Cement Corporation Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Simpson Spence & Young - Indonesia
- Latin American Coal - Colombia
- Port Waratah Coal Services - Australia
- Kaltim Prima Coal - Indonesia
- Agrawal Coal Company - India
- Cement Manufacturers Association - India
- Thiess Contractors Indonesia
- South Luzon Thermal Energy Corporation
- Electricity Authority, New Zealand
- Petron Corporation, Philippines
- TeaM Sual Corporation - Philippines
- Eastern Energy - Thailand
- Neyveli Lignite Corporation Ltd, - India
- San Jose City I Power Corp, Philippines
- Oldendorff Carriers - Singapore
- Bhoruka Overseas - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Lanco Infratech Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Medco Energi Mining Internasional
- Star Paper Mills Limited - India
- Jaiprakash Power Ventures ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Cigading International Bulk Terminal - Indonesia
- VISA Power Limited - India
- Eastern Coal Council - USA
- Alfred C Toepfer International GmbH - Germany
- Pendopo Energi Batubara - Indonesia
- Mintek Dendrill Indonesia
- Ind-Barath Power Infra Limited - India
- Mercuria Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Electricity Generating Authority of Thailand
- Baramulti Group, Indonesia
- Planning Commission, India
- Petrochimia International Co. Ltd.- Taiwan
- Bhatia International Limited - India
- Wilmar Investment Holdings
- GAC Shipping (India) Pvt Ltd
- Wood Mackenzie - Singapore
- Minerals Council of Australia
- Energy Development Corp, Philippines
- Kapuas Tunggal Persada - Indonesia
- Vedanta Resources Plc - India
- European Bulk Services B.V. - Netherlands
- Directorate Of Revenue Intelligence - India
- Romanian Commodities Exchange
- Goldman Sachs - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Iligan Light & Power Inc, Philippines
- Global Green Power PLC Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Parliament of New Zealand
- Globalindo Alam Lestari - Indonesia
- Mercator Lines Limited - India
- Therma Luzon, Inc, Philippines
- ICICI Bank Limited - India
- Sarangani Energy Corporation, Philippines
- Xindia Steels Limited - India
- GVK Power & Infra Limited - India
- Metalloyd Limited - United Kingdom
- Carbofer General Trading SA - India
- TNB Fuel Sdn Bhd - Malaysia
- New Zealand Coal & Carbon
- Dalmia Cement Bharat India
- Madhucon Powers Ltd - India
- PTC India Limited - India
- Semirara Mining Corp, Philippines
- Economic Council, Georgia
- CNBM International Corporation - China
- Manunggal Multi Energi - Indonesia
- Gujarat Sidhee Cement - India
- McConnell Dowell - Australia
- Kohat Cement Company Ltd. - Pakistan
- Energy Link Ltd, New Zealand
- Trasteel International SA, Italy
- Global Coal Blending Company Limited - Australia
- Ministry of Mines - Canada
- Toyota Tsusho Corporation, Japan
- Coal and Oil Company - UAE
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PetroVietnam Power Coal Import and Supply Company
- Holcim Trading Pte Ltd - Singapore
- Commonwealth Bank - Australia
- Malabar Cements Ltd - India
- GMR Energy Limited - India
- Grasim Industreis Ltd - India
- Uttam Galva Steels Limited - India
- Price Waterhouse Coopers - Russia
- Orica Mining Services - Indonesia
- CIMB Investment Bank - Malaysia
- Ceylon Electricity Board - Sri Lanka
- Maheswari Brothers Coal Limited - India
- Central Java Power - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Videocon Industries ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Chamber of Mines of South Africa
- Heidelberg Cement - Germany
- OPG Power Generation Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Indika Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Makarim & Taira - Indonesia
- LBH Netherlands Bv - Netherlands
- Posco Energy - South Korea
- Bharathi Cement Corporation - India
- Bayan Resources Tbk. - Indonesia
- Orica Australia Pty. Ltd.
- Bukit Asam (Persero) Tbk - Indonesia
- Australian Coal Association
- Anglo American - United Kingdom
- Standard Chartered Bank - UAE
- Borneo Indobara - Indonesia
- Indonesian Coal Mining Association
- IHS Mccloskey Coal Group - USA
- PowerSource Philippines DevCo
- Parry Sugars Refinery, India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Global Business Power Corporation, Philippines
- Tamil Nadu electricity Board
- Savvy Resources Ltd - HongKong
- London Commodity Brokers - England
- Australian Commodity Traders Exchange
- SN Aboitiz Power Inc, Philippines
- Aboitiz Power Corporation - Philippines
- Independent Power Producers Association of India
- Timah Investasi Mineral - Indoneisa
- Sojitz Corporation - Japan
- Leighton Contractors Pty Ltd - Australia
- Deloitte Consulting - India
- Indian Oil Corporation Limited
- Kartika Selabumi Mining - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sical Logistics Limited - India
- Meenaskhi Energy Private Limited - India
- Power Finance Corporation Ltd., India
- Jorong Barutama Greston.PT - Indonesia
- MS Steel International - UAE
- The Treasury - Australian Government
- Coalindo Energy - Indonesia
- ASAPP Information Group - India
- Central Electricity Authority - India
- India Bulls Power Limited - India
- AsiaOL BioFuels Corp., Philippines
- Kideco Jaya Agung - Indonesia
- Bukit Baiduri Energy - Indonesia
- Samtan Co., Ltd - South Korea
- Antam Resourcindo - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Mjunction Services Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Sakthi Sugars Limited - India
- Kumho Petrochemical, South Korea
- Larsen & Toubro Limited - India
- Sindya Power Generating Company Private Ltd
- Banpu Public Company Limited - Thailand
- Ambuja Cements Ltd - India
- Indian Energy Exchange, India
- Africa Commodities Group - South Africa
- Binh Thuan Hamico - Vietnam
- Thai Mozambique Logistica
- Renaissance Capital - South Africa
- Tata Chemicals Ltd - India
- White Energy Company Limited
- IEA Clean Coal Centre - UK
- Interocean Group of Companies - India
- Bangladesh Power Developement Board
- Altura Mining Limited, Indonesia
- Formosa Plastics Group - Taiwan
- Siam City Cement - Thailand
- Rashtriya Ispat Nigam Limited - India
- The State Trading Corporation of India Ltd
- Bhushan Steel Limited - India
- SMC Global Power, Philippines
- Bukit Makmur.PT - Indonesia
- Riau Bara Harum - Indonesia
- Sree Jayajothi Cements Limited - India
- Karbindo Abesyapradhi - Indoneisa
- PNOC Exploration Corporation - Philippines
- Attock Cement Pakistan Limited
- Marubeni Corporation - India
- Merrill Lynch Commodities Europe
- Singapore Mercantile Exchange
- Karaikal Port Pvt Ltd - India
- Ministry of Finance - Indonesia
- The University of Queensland
- Siam City Cement PLC, Thailand
- Kobexindo Tractors - Indoneisa
- Asmin Koalindo Tuhup - Indonesia
- Rio Tinto Coal - Australia
- Bulk Trading Sa - Switzerland
- Meralco Power Generation, Philippines
- Georgia Ports Authority, United States
- SMG Consultants - Indonesia
- Coastal Gujarat Power Limited - India
- Edison Trading Spa - Italy
- Indogreen Group - Indonesia
- Jindal Steel & Power Ltd - India
- Intertek Mineral Services - Indonesia
- Vizag Seaport Private Limited - India
- Miang Besar Coal Terminal - Indonesia
- Aditya Birla Group - India
- Gujarat Electricity Regulatory Commission - India
- Salva Resources Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Transport, Egypt
- Billiton Holdings Pty Ltd - Australia
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