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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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- Manunggal Multi Energi - Indonesia
- Singapore Mercantile Exchange
- Malabar Cements Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- McConnell Dowell - Australia
- Bayan Resources Tbk. - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Banpu Public Company Limited - Thailand
- Pendopo Energi Batubara - Indonesia
- Mjunction Services Limited - India
- Power Finance Corporation Ltd., India
- Karaikal Port Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Gujarat Sidhee Cement - India
- Orica Australia Pty. Ltd.
- Neyveli Lignite Corporation Ltd, - India
- Trasteel International SA, Italy
- Ministry of Transport, Egypt
- VISA Power Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kumho Petrochemical, South Korea
- Global Green Power PLC Corporation, Philippines
- San Jose City I Power Corp, Philippines
- The University of Queensland
- GMR Energy Limited - India
- IHS Mccloskey Coal Group - USA
- Star Paper Mills Limited - India
- Independent Power Producers Association of India
- Eastern Energy - Thailand
- Ind-Barath Power Infra Limited - India
- Latin American Coal - Colombia
- Toyota Tsusho Corporation, Japan
- Bharathi Cement Corporation - India
- Directorate General of MIneral and Coal - Indonesia
- Port Waratah Coal Services - Australia
- Lanco Infratech Ltd - India
- Central Electricity Authority - India
- Videocon Industries ltd - India
- London Commodity Brokers - England
- Thai Mozambique Logistica
- Holcim Trading Pte Ltd - Singapore
- Baramulti Group, Indonesia
- Timah Investasi Mineral - Indoneisa
- Kapuas Tunggal Persada - Indonesia
- Meenaskhi Energy Private Limited - India
- Kobexindo Tractors - Indoneisa
- Medco Energi Mining Internasional
- Gujarat Electricity Regulatory Commission - India
- The State Trading Corporation of India Ltd
- Larsen & Toubro Limited - India
- Cement Manufacturers Association - India
- Bulk Trading Sa - Switzerland
- Sarangani Energy Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Kalimantan Lumbung Energi - Indonesia
- TeaM Sual Corporation - Philippines
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- Energy Development Corp, Philippines
- Global Business Power Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Sree Jayajothi Cements Limited - India
- Electricity Authority, New Zealand
- Bukit Asam (Persero) Tbk - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Salva Resources Pvt Ltd - India
- Renaissance Capital - South Africa
- Wilmar Investment Holdings
- Georgia Ports Authority, United States
- Siam City Cement PLC, Thailand
- Mercator Lines Limited - India
- Simpson Spence & Young - Indonesia
- Standard Chartered Bank - UAE
- White Energy Company Limited
- Borneo Indobara - Indonesia
- India Bulls Power Limited - India
- Metalloyd Limited - United Kingdom
- Thiess Contractors Indonesia
- Siam City Cement - Thailand
- Meralco Power Generation, Philippines
- Ambuja Cements Ltd - India
- Bukit Baiduri Energy - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Jindal Steel & Power Ltd - India
- Romanian Commodities Exchange
- New Zealand Coal & Carbon
- Ministry of Finance - Indonesia
- The Treasury - Australian Government
- IEA Clean Coal Centre - UK
- Billiton Holdings Pty Ltd - Australia
- Sakthi Sugars Limited - India
- Price Waterhouse Coopers - Russia
- Dalmia Cement Bharat India
- Parliament of New Zealand
- Wood Mackenzie - Singapore
- Orica Mining Services - Indonesia
- MS Steel International - UAE
- Bukit Makmur.PT - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Binh Thuan Hamico - Vietnam
- Anglo American - United Kingdom
- GVK Power & Infra Limited - India
- Marubeni Corporation - India
- ASAPP Information Group - India
- Formosa Plastics Group - Taiwan
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Edison Trading Spa - Italy
- Energy Link Ltd, New Zealand
- Riau Bara Harum - Indonesia
- Madhucon Powers Ltd - India
- Maheswari Brothers Coal Limited - India
- Oldendorff Carriers - Singapore
- Global Coal Blending Company Limited - Australia
- Mintek Dendrill Indonesia
- Coal and Oil Company - UAE
- European Bulk Services B.V. - Netherlands
- Commonwealth Bank - Australia
- Karbindo Abesyapradhi - Indoneisa
- Kepco SPC Power Corporation, Philippines
- Coastal Gujarat Power Limited - India
- Vedanta Resources Plc - India
- Heidelberg Cement - Germany
- Sinarmas Energy and Mining - Indonesia
- Parry Sugars Refinery, India
- Leighton Contractors Pty Ltd - Australia
- Chamber of Mines of South Africa
- Economic Council, Georgia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Agrawal Coal Company - India
- Semirara Mining Corp, Philippines
- Indian Oil Corporation Limited
- Straits Asia Resources Limited - Singapore
- Essar Steel Hazira Ltd - India
- LBH Netherlands Bv - Netherlands
- CIMB Investment Bank - Malaysia
- Aboitiz Power Corporation - Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Aditya Birla Group - India
- Kohat Cement Company Ltd. - Pakistan
- Australian Coal Association
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Altura Mining Limited, Indonesia
- Grasim Industreis Ltd - India
- Jaiprakash Power Ventures ltd
- Electricity Generating Authority of Thailand
- Makarim & Taira - Indonesia
- Eastern Coal Council - USA
- OPG Power Generation Pvt Ltd - India
- Xindia Steels Limited - India
- Indogreen Group - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Chettinad Cement Corporation Ltd - India
- Central Java Power - Indonesia
- Ministry of Mines - Canada
- Antam Resourcindo - Indonesia
- PNOC Exploration Corporation - Philippines
- South Luzon Thermal Energy Corporation
- Indika Energy - Indonesia
- Petron Corporation, Philippines
- Indian Energy Exchange, India
- Kartika Selabumi Mining - Indonesia
- ICICI Bank Limited - India
- Cigading International Bulk Terminal - Indonesia
- Savvy Resources Ltd - HongKong
- Pipit Mutiara Jaya. PT, Indonesia
- Barasentosa Lestari - Indonesia
- Planning Commission, India
- SN Aboitiz Power Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Tata Chemicals Ltd - India
- Therma Luzon, Inc, Philippines
- Sojitz Corporation - Japan
- Goldman Sachs - Singapore
- Indo Tambangraya Megah - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Minerals Council of Australia
- Kideco Jaya Agung - Indonesia
- Interocean Group of Companies - India
- Rio Tinto Coal - Australia
- Miang Besar Coal Terminal - Indonesia
- Posco Energy - South Korea
- TNB Fuel Sdn Bhd - Malaysia
- Sindya Power Generating Company Private Ltd
- Bhatia International Limited - India
- PTC India Limited - India
- Jorong Barutama Greston.PT - Indonesia
- AsiaOL BioFuels Corp., Philippines
- SMC Global Power, Philippines
- Indonesian Coal Mining Association
- Bangladesh Power Developement Board
- Sical Logistics Limited - India
- CNBM International Corporation - China
- Bhoruka Overseas - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Australian Commodity Traders Exchange
- Africa Commodities Group - South Africa
- GAC Shipping (India) Pvt Ltd
- Uttam Galva Steels Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Deloitte Consulting - India
- Vizag Seaport Private Limited - India
- Directorate Of Revenue Intelligence - India
- Bhushan Steel Limited - India
- Attock Cement Pakistan Limited
- Merrill Lynch Commodities Europe
- Carbofer General Trading SA - India
- SMG Consultants - Indonesia
- Intertek Mineral Services - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Samtan Co., Ltd - South Korea
- PowerSource Philippines DevCo
- Coalindo Energy - Indonesia
- Mercuria Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Tamil Nadu electricity Board
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