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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, 24 May 10
INDONESIAN COAL PRICE REFERENCE (HBA) FOR MAY 2010 REACHES US$ 92.07 PER TON FOB VESSEL
COALspot.com: The directorate general of mineral, coal and geothermal of Indonesia has released Indonesian coal price reference (HBA) for Month of M ...
Monday, 24 May 10
PAMA TO CLOSE COALS ACQUISITION IN 2010
Insider Stories reported that, Indonesia's largest coal mining contractor PT Pamapersada Nusantara, subsidiary of PT United Tractors Tbk (UNTR), wi ...
Sunday, 23 May 10
SINGARENI LEVIES PREMIUM TO BALANCE COAL DEMAND - BUSINESS STANDARD
Business-Standard reported that, In view of the rising demand for coal, Singareni Collieries Company Limited has recently levied a premium on c ...
Saturday, 22 May 10
THE BRENT CRUDE PRICES WAS SHARPLY DOWN AT US$ 71.72 PER BARREL - VISTAAR SHIPPING
COALspot.com: The freight market was under pressure with the caps size index down by 10 pct with uncertainty in Europe crisis continuing.
The BD ...
Saturday, 22 May 10
PORT CONGESTION IN AUSTRALIA HELPING RATES CHINA COAL IMPORT BOOM TO CUSHION FREIGHT RATES
China's record coal imports this year will provide some support to freight rates but growing pressure from fleet oversupply is set to limit gains. ...
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- London Commodity Brokers - England
- Riau Bara Harum - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Xindia Steels Limited - India
- Maheswari Brothers Coal Limited - India
- PNOC Exploration Corporation - Philippines
- The University of Queensland
- Therma Luzon, Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Makarim & Taira - Indonesia
- Pendopo Energi Batubara - Indonesia
- Siam City Cement - Thailand
- Intertek Mineral Services - Indonesia
- Dalmia Cement Bharat India
- Straits Asia Resources Limited - Singapore
- Power Finance Corporation Ltd., India
- Economic Council, Georgia
- Trasteel International SA, Italy
- Posco Energy - South Korea
- Ceylon Electricity Board - Sri Lanka
- Mjunction Services Limited - India
- Indonesian Coal Mining Association
- Bhatia International Limited - India
- Samtan Co., Ltd - South Korea
- Star Paper Mills Limited - India
- Price Waterhouse Coopers - Russia
- Orica Mining Services - Indonesia
- PowerSource Philippines DevCo
- Planning Commission, India
- Goldman Sachs - Singapore
- Global Coal Blending Company Limited - Australia
- VISA Power Limited - India
- Interocean Group of Companies - India
- Kumho Petrochemical, South Korea
- Standard Chartered Bank - UAE
- Thiess Contractors Indonesia
- Sarangani Energy Corporation, Philippines
- SMC Global Power, Philippines
- Energy Link Ltd, New Zealand
- Baramulti Group, Indonesia
- Jaiprakash Power Ventures ltd
- Malabar Cements Ltd - India
- McConnell Dowell - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bulk Trading Sa - Switzerland
- Rio Tinto Coal - Australia
- Sojitz Corporation - Japan
- LBH Netherlands Bv - Netherlands
- Port Waratah Coal Services - Australia
- Australian Coal Association
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Tamil Nadu electricity Board
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kaltim Prima Coal - Indonesia
- Mercuria Energy - Indonesia
- Chamber of Mines of South Africa
- Commonwealth Bank - Australia
- Ministry of Transport, Egypt
- Semirara Mining and Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Larsen & Toubro Limited - India
- Ministry of Finance - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- Eastern Energy - Thailand
- Central Java Power - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Oldendorff Carriers - Singapore
- Sindya Power Generating Company Private Ltd
- Banpu Public Company Limited - Thailand
- Parry Sugars Refinery, India
- OPG Power Generation Pvt Ltd - India
- Bangladesh Power Developement Board
- Indian Energy Exchange, India
- European Bulk Services B.V. - Netherlands
- Anglo American - United Kingdom
- Thai Mozambique Logistica
- Rashtriya Ispat Nigam Limited - India
- The State Trading Corporation of India Ltd
- International Coal Ventures Pvt Ltd - India
- Parliament of New Zealand
- Globalindo Alam Lestari - Indonesia
- Ind-Barath Power Infra Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Leighton Contractors Pty Ltd - Australia
- Madhucon Powers Ltd - India
- Bharathi Cement Corporation - India
- Iligan Light & Power Inc, Philippines
- Lanco Infratech Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Romanian Commodities Exchange
- Electricity Authority, New Zealand
- Marubeni Corporation - India
- Grasim Industreis Ltd - India
- Binh Thuan Hamico - Vietnam
- Directorate General of MIneral and Coal - Indonesia
- Vizag Seaport Private Limited - India
- San Jose City I Power Corp, Philippines
- Salva Resources Pvt Ltd - India
- Energy Development Corp, Philippines
- Heidelberg Cement - Germany
- Kalimantan Lumbung Energi - Indonesia
- Bhoruka Overseas - Indonesia
- Edison Trading Spa - Italy
- AsiaOL BioFuels Corp., Philippines
- TeaM Sual Corporation - Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- The Treasury - Australian Government
- Kepco SPC Power Corporation, Philippines
- Petron Corporation, Philippines
- Merrill Lynch Commodities Europe
- Georgia Ports Authority, United States
- Aditya Birla Group - India
- Karaikal Port Pvt Ltd - India
- CNBM International Corporation - China
- Krishnapatnam Port Company Ltd. - India
- Kartika Selabumi Mining - Indonesia
- Bukit Baiduri Energy - Indonesia
- Carbofer General Trading SA - India
- Ambuja Cements Ltd - India
- Mintek Dendrill Indonesia
- Singapore Mercantile Exchange
- Chettinad Cement Corporation Ltd - India
- ASAPP Information Group - India
- Aboitiz Power Corporation - Philippines
- GMR Energy Limited - India
- Altura Mining Limited, Indonesia
- Indian Oil Corporation Limited
- Independent Power Producers Association of India
- Mercator Lines Limited - India
- Kobexindo Tractors - Indoneisa
- SN Aboitiz Power Inc, Philippines
- Simpson Spence & Young - Indonesia
- Bayan Resources Tbk. - Indonesia
- Electricity Generating Authority of Thailand
- Manunggal Multi Energi - Indonesia
- Antam Resourcindo - Indonesia
- Cement Manufacturers Association - India
- Orica Australia Pty. Ltd.
- Agrawal Coal Company - India
- Ministry of Mines - Canada
- Bukit Makmur.PT - Indonesia
- India Bulls Power Limited - India
- Borneo Indobara - Indonesia
- Metalloyd Limited - United Kingdom
- Indo Tambangraya Megah - Indonesia
- IEA Clean Coal Centre - UK
- Gujarat Mineral Development Corp Ltd - India
- Toyota Tsusho Corporation, Japan
- Kideco Jaya Agung - Indonesia
- Eastern Coal Council - USA
- CIMB Investment Bank - Malaysia
- GAC Shipping (India) Pvt Ltd
- Cigading International Bulk Terminal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Coal and Oil Company - UAE
- Petrochimia International Co. Ltd.- Taiwan
- IHS Mccloskey Coal Group - USA
- Attock Cement Pakistan Limited
- Indika Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- Semirara Mining Corp, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Essar Steel Hazira Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Coastal Gujarat Power Limited - India
- Tata Chemicals Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Indogreen Group - Indonesia
- Latin American Coal - Colombia
- Maharashtra Electricity Regulatory Commission - India
- Central Electricity Authority - India
- Videocon Industries ltd - India
- Miang Besar Coal Terminal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Siam City Cement PLC, Thailand
- Minerals Council of Australia
- Vijayanagar Sugar Pvt Ltd - India
- Africa Commodities Group - South Africa
- White Energy Company Limited
- TNB Fuel Sdn Bhd - Malaysia
- Bahari Cakrawala Sebuku - Indonesia
- Kapuas Tunggal Persada - Indonesia
- PTC India Limited - India
- Wood Mackenzie - Singapore
- MS Steel International - UAE
- Medco Energi Mining Internasional
- Timah Investasi Mineral - Indoneisa
- South Luzon Thermal Energy Corporation
- Barasentosa Lestari - Indonesia
- Billiton Holdings Pty Ltd - Australia
- GVK Power & Infra Limited - India
- ICICI Bank Limited - India
- Vedanta Resources Plc - India
- PetroVietnam Power Coal Import and Supply Company
- Uttam Galva Steels Limited - India
- Formosa Plastics Group - Taiwan
- Global Green Power PLC Corporation, Philippines
- Bhushan Steel Limited - India
- Gujarat Sidhee Cement - India
- Coalindo Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Renaissance Capital - South Africa
- Meralco Power Generation, Philippines
- Savvy Resources Ltd - HongKong
- Sical Logistics Limited - India
- Global Business Power Corporation, Philippines
- Deloitte Consulting - India
- Australian Commodity Traders Exchange
- New Zealand Coal & Carbon
- SMG Consultants - Indonesia
- Sakthi Sugars Limited - India
- Jindal Steel & Power Ltd - India
- Wilmar Investment Holdings
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