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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, 13 April 10
CHINA COAL SEEING 'STRONG DEMAND,' PUDA COAL CFO SAYS - BUSINESS WEEK
Business Week reported that, China coal prices will increase this year as the nation’s industry expands and a drought in the southwest region ...
Tuesday, 13 April 10
PEABODY, COAL INDIA CONFIRM 'EARLY STAGE' TALKS - MINING WEEKLY
Mining Weekly reported that, US coal-miner Peabody Energy is holding discussions with Coal India, the company said on Monday, after an Australian ne ...
Tuesday, 13 April 10
ANGLO PREDICTS HIGH COAL PRICES, STEADY SUPPLY
Busrep / Reuters reported that, Coal prices were expected to remain strong this year, while exports would match last year's despite rail cons ...
Tuesday, 13 April 10
THE PANAMAX MARKET CONTINUED TO STRENGTHEN - BRS DRY BULK
Panamax rates continue to beat the market, and the Panamax 4TC is now trading at a 25% premium to the Cape 4TC — the biggest margin since the ...
Monday, 12 April 10
INDIA'S NALCO TO INVEST BIG IN INDONESIA'S ALUMINIUM PROJECT - BERNAMA
Bernama reported that, India's state- owned National Aluminium Company Ltd (Nalco) is to pump in massive investment to set up a aluminium smelter a ...
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- Planning Commission, India
- San Jose City I Power Corp, Philippines
- Indian Oil Corporation Limited
- Holcim Trading Pte Ltd - Singapore
- Jindal Steel & Power Ltd - India
- Latin American Coal - Colombia
- VISA Power Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- PTC India Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Global Green Power PLC Corporation, Philippines
- Uttam Galva Steels Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Central Electricity Authority - India
- PetroVietnam Power Coal Import and Supply Company
- Barasentosa Lestari - Indonesia
- Globalindo Alam Lestari - Indonesia
- Lanco Infratech Ltd - India
- GAC Shipping (India) Pvt Ltd
- Leighton Contractors Pty Ltd - Australia
- Neyveli Lignite Corporation Ltd, - India
- Price Waterhouse Coopers - Russia
- London Commodity Brokers - England
- Merrill Lynch Commodities Europe
- Bukit Asam (Persero) Tbk - Indonesia
- SMG Consultants - Indonesia
- The Treasury - Australian Government
- White Energy Company Limited
- Formosa Plastics Group - Taiwan
- Kartika Selabumi Mining - Indonesia
- Dalmia Cement Bharat India
- Pipit Mutiara Jaya. PT, Indonesia
- Bukit Baiduri Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- Sinarmas Energy and Mining - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sojitz Corporation - Japan
- Romanian Commodities Exchange
- Electricity Generating Authority of Thailand
- Chamber of Mines of South Africa
- Central Java Power - Indonesia
- Coal and Oil Company - UAE
- Indo Tambangraya Megah - Indonesia
- Metalloyd Limited - United Kingdom
- Borneo Indobara - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Essar Steel Hazira Ltd - India
- Rio Tinto Coal - Australia
- Semirara Mining Corp, Philippines
- Edison Trading Spa - Italy
- IHS Mccloskey Coal Group - USA
- Siam City Cement - Thailand
- Kepco SPC Power Corporation, Philippines
- Carbofer General Trading SA - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Baramulti Group, Indonesia
- Oldendorff Carriers - Singapore
- ASAPP Information Group - India
- Orica Australia Pty. Ltd.
- Binh Thuan Hamico - Vietnam
- South Luzon Thermal Energy Corporation
- Kobexindo Tractors - Indoneisa
- Bhushan Steel Limited - India
- PowerSource Philippines DevCo
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Riau Bara Harum - Indonesia
- Altura Mining Limited, Indonesia
- Sical Logistics Limited - India
- Grasim Industreis Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Bukit Makmur.PT - Indonesia
- Meralco Power Generation, Philippines
- Bulk Trading Sa - Switzerland
- Sakthi Sugars Limited - India
- Thiess Contractors Indonesia
- Therma Luzon, Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Independent Power Producers Association of India
- Minerals Council of Australia
- Karaikal Port Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- India Bulls Power Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Standard Chartered Bank - UAE
- Renaissance Capital - South Africa
- Mjunction Services Limited - India
- SN Aboitiz Power Inc, Philippines
- Global Business Power Corporation, Philippines
- Energy Development Corp, Philippines
- Posco Energy - South Korea
- Anglo American - United Kingdom
- Billiton Holdings Pty Ltd - Australia
- Africa Commodities Group - South Africa
- PNOC Exploration Corporation - Philippines
- Karbindo Abesyapradhi - Indoneisa
- Sree Jayajothi Cements Limited - India
- Global Coal Blending Company Limited - Australia
- European Bulk Services B.V. - Netherlands
- Jorong Barutama Greston.PT - Indonesia
- Deloitte Consulting - India
- Port Waratah Coal Services - Australia
- Coalindo Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- Parliament of New Zealand
- SMC Global Power, Philippines
- AsiaOL BioFuels Corp., Philippines
- Directorate Of Revenue Intelligence - India
- Toyota Tsusho Corporation, Japan
- Straits Asia Resources Limited - Singapore
- Kumho Petrochemical, South Korea
- Ministry of Mines - Canada
- Medco Energi Mining Internasional
- Tata Chemicals Ltd - India
- Star Paper Mills Limited - India
- Manunggal Multi Energi - Indonesia
- Samtan Co., Ltd - South Korea
- Indian Energy Exchange, India
- Vijayanagar Sugar Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Vedanta Resources Plc - India
- Jaiprakash Power Ventures ltd
- Larsen & Toubro Limited - India
- New Zealand Coal & Carbon
- Ind-Barath Power Infra Limited - India
- Power Finance Corporation Ltd., India
- Rashtriya Ispat Nigam Limited - India
- The State Trading Corporation of India Ltd
- Eastern Energy - Thailand
- Sarangani Energy Corporation, Philippines
- Bharathi Cement Corporation - India
- Ambuja Cements Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Salva Resources Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Kideco Jaya Agung - Indonesia
- Coastal Gujarat Power Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Orica Mining Services - Indonesia
- Iligan Light & Power Inc, Philippines
- Madhucon Powers Ltd - India
- Wood Mackenzie - Singapore
- Savvy Resources Ltd - HongKong
- Georgia Ports Authority, United States
- Antam Resourcindo - Indonesia
- Ministry of Transport, Egypt
- Gujarat Mineral Development Corp Ltd - India
- GMR Energy Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Mercuria Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- ICICI Bank Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- The University of Queensland
- Commonwealth Bank - Australia
- Videocon Industries ltd - India
- Wilmar Investment Holdings
- Gujarat Sidhee Cement - India
- Indonesian Coal Mining Association
- Maharashtra Electricity Regulatory Commission - India
- Bhatia International Limited - India
- GVK Power & Infra Limited - India
- Indogreen Group - Indonesia
- LBH Netherlands Bv - Netherlands
- Heidelberg Cement - Germany
- Agrawal Coal Company - India
- Indika Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Aditya Birla Group - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Australian Commodity Traders Exchange
- Energy Link Ltd, New Zealand
- Parry Sugars Refinery, India
- McConnell Dowell - Australia
- Xindia Steels Limited - India
- Ministry of Finance - Indonesia
- Marubeni Corporation - India
- Malabar Cements Ltd - India
- Banpu Public Company Limited - Thailand
- Krishnapatnam Port Company Ltd. - India
- Mercator Lines Limited - India
- Vizag Seaport Private Limited - India
- Kaltim Prima Coal - Indonesia
- Economic Council, Georgia
- Pendopo Energi Batubara - Indonesia
- CIMB Investment Bank - Malaysia
- Interocean Group of Companies - India
- Trasteel International SA, Italy
- Mintek Dendrill Indonesia
- Bangladesh Power Developement Board
- Goldman Sachs - Singapore
- Bhoruka Overseas - Indonesia
- Siam City Cement PLC, Thailand
- Tamil Nadu electricity Board
- Singapore Mercantile Exchange
- Makarim & Taira - Indonesia
- TeaM Sual Corporation - Philippines
- Maheswari Brothers Coal Limited - India
- CNBM International Corporation - China
- IEA Clean Coal Centre - UK
- MS Steel International - UAE
- Kohat Cement Company Ltd. - Pakistan
- Cigading International Bulk Terminal - Indonesia
- Eastern Coal Council - USA
- Petron Corporation, Philippines
- Australian Coal Association
- Thai Mozambique Logistica
- Cement Manufacturers Association - India
- Electricity Authority, New Zealand
- Intertek Mineral Services - Indonesia
- Attock Cement Pakistan Limited
- OPG Power Generation Pvt Ltd - India
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