COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
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



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Wednesday, 31 March 10
DRY BULK MARKET STILL MODERATELY FALLING, BUT POSITIVE SIGNS APPEAR ON THE HORIZON - HELLENIC SHIPPING
The irregularities of the current dry bulk market have been more than evident in the fact that panamax vessels today earn more than their larger cap ...


Wednesday, 31 March 10
INDIKA ENERGYS PROFIT HIT BY FOREX LOSS AND CABOTAGE - THE JAKARTA GLOBE
The Jakarta Globe reportd that, PT Indika Energy posted a 30 percent drop in 2009 net profit due to a foreign exchange loss and impairment of intang ...


Wednesday, 31 March 10
ITMG TO UP COAL OUTPUT DESPITE PERMIT PROBLEMS - THE JAKARTA POST
The Jakarta Post reported that, the country’s third largest coal producer PT Indo Tambang Raya Megah (ITMG) said it can raise output although ...


Tuesday, 30 March 10
ANALYST SEES BDI LIFT, SUGGESTS DRY BULK SHORT SQUEEZE
Analysts at Credit Suisse are bullish on Diana and see a potential short squeeze elsewhere in the sector. The Baltic Dry Index (BDI) -- an industry ...


Tuesday, 30 March 10
CHINA'S DROUGHT RAISES COAL PRICES, LOWERS HYDROPOWER
Bloomberg reported that, Benchmark coal prices at Qinhuangdao, China’s largest port handling the fuel, rose for the first time in 10 weeks aft ...


   1181 1182 1183 1184 1185   
Showing 5911 to 5915 news of total 6871
News by Category
Popular News
 
Total Members : 28,697
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • TANGEDCO India
  • Siam City Cement PLC, Thailand
  • CESC Limited - India
  • Qatrana Cement - Jordan
  • Coaltrans Conferences
  • SRK Consulting
  • Enel Italy
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • Indorama - Singapore
  • globalCOAL - UK
  • Gujarat Mineral Development Corp Ltd - India
  • Indian School of Mines
  • Adaro Indonesia
  • Heidelberg Cement - Germany
  • Coal and Oil Company - UAE
  • Kobexindo Tractors - Indoneisa
  • The India Cements Ltd
  • Medco Energi Mining Internasional
  • Riau Bara Harum - Indonesia
  • Kobe Steel Ltd - Japan
  • Oldendorff Carriers - Singapore
  • Eastern Coal Council - USA
  • Wood Mackenzie - Singapore
  • Kumho Petrochemical, South Korea
  • GHCL Limited - India
  • The State Trading Corporation of India Ltd
  • BRS Brokers - Singapore
  • Coeclerici Indonesia
  • PLN - Indonesia
  • GNFC Limited - India
  • KOWEPO - South Korea
  • TNPL - India
  • Leighton Contractors Pty Ltd - Australia
  • Sakthi Sugars Limited - India
  • Clarksons - UK
  • Bhushan Steel Limited - India
  • ASAPP Information Group - India
  • ANZ Bank - Australia
  • Cebu Energy, Philippines
  • Mechel - Russia
  • Malco - India
  • Electricity Generating Authority of Thailand
  • Shenhua Group - China
  • Edison Trading Spa - Italy
  • Indika Energy - Indonesia
  • Alfred C Toepfer International GmbH - Germany
  • Thai Mozambique Logistica
  • GVK Power & Infra Limited - India
  • Malabar Cements Ltd - India
  • IEA Clean Coal Centre - UK
  • Coalindo Energy - Indonesia
  • The Treasury - Australian Government
  • ACC Limited - India
  • PowerSource Philippines DevCo
  • Vizag Seaport Private Limited - India
  • Gujarat Sidhee Cement - India
  • Bangladesh Power Developement Board
  • Planning Commission, India
  • Maybank - Singapore
  • Thermax Limited - India
  • Petron Corporation, Philippines
  • IHS Mccloskey Coal Group - USA
  • Manunggal Multi Energi - Indonesia
  • Mjunction Services Limited - India
  • Energy Link Ltd, New Zealand
  • Bukit Asam (Persero) Tbk - Indonesia
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • McConnell Dowell - Australia
  • Moodys - Singapore
  • Tanito Harum - Indonesia
  • Aditya Birla Group - India
  • U S Energy Resources
  • Berau Coal - Indonesia
  • Ind-Barath Power Infra Limited - India
  • BNP Paribas - Singapore
  • Metalloyd Limited - United Kingdom
  • Central Java Power - Indonesia
  • Jindal Steel & Power Ltd - India
  • Billiton Holdings Pty Ltd - Australia
  • Kapuas Tunggal Persada - Indonesia
  • Cardiff University - UK
  • ETA - Dubai
  • IMC Shipping - Singapore
  • Lanco Infratech Ltd - India
  • Arutmin Indonesia
  • Miang Besar Coal Terminal - Indonesia
  • OCBC - Singapore
  • Pipit Mutiara Jaya. PT, Indonesia
  • Central Electricity Authority - India
  • Intertek Mineral Services - Indonesia
  • Indonesia Power. PT
  • Ernst & Young Pvt. Ltd.
  • Surastha Cement
  • Pinang Coal Indonesia
  • HSBC - Hong Kong
  • Sree Jayajothi Cements Limited - India
  • International Coal Ventures Pvt Ltd - India
  • Sinarmas Energy and Mining - Indonesia
  • Kaltim Prima Coal - Indonesia
  • Panama Canal Authority
  • TeaM Sual Corporation - Philippines
  • Bangkok Bank PCL
  • Runge Indonesia
  • Deutsche Bank - India
  • Thomson Reuters GRC
  • White Energy Company Limited
  • Britmindo - Indonesia
  • Cosco
  • Bharathi Cement Corporation - India
  • Karaikal Port Pvt Ltd - India
  • Marubeni Corporation - India
  • Altura Mining Limited, Indonesia
  • MEC Coal - Indonesia
  • Vijayanagar Sugar Pvt Ltd - India
  • Mercator Lines Limited - India
  • Orica Mining Services - Indonesia
  • Credit Suisse - India
  • Chettinad Cement Corporation Ltd - India
  • Merrill Lynch Bank
  • CCIC - Indonesia
  • Barclays Capital - USA
  • Semirara Mining and Power Corporation, Philippines
  • Indian Energy Exchange, India
  • Iligan Light & Power Inc, Philippines
  • Cemex - Philippines
  • VISA Power Limited - India
  • NTPC Limited - India
  • Global Business Power Corporation, Philippines
  • Kalimantan Lumbung Energi - Indonesia
  • Toyota Tsusho Corporation, Japan
  • Cement Manufacturers Association - India
  • Bahari Cakrawala Sebuku - Indonesia
  • Platou - Singapore
  • London Commodity Brokers - England
  • SUEK AG - Indonesia
  • KPMG - USA
  • Maheswari Brothers Coal Limited - India
  • Georgia Ports Authority, United States
  • Trasteel International SA, Italy
  • Vale Mozambique
  • McKinsey & Co - India
  • Krishnapatnam Port Company Ltd. - India
  • Mintek Dendrill Indonesia
  • IOL Indonesia
  • Australian Coal Association
  • TGV SRAAC LIMITED, India
  • J M Baxi & Co - India
  • Fearnleys - India
  • GB Group - China
  • Binh Thuan Hamico - Vietnam
  • Baramulti Group, Indonesia
  • Attock Cement Pakistan Limited
  • Coal Orbis AG
  • Carbofer General Trading SA - India
  • Russian Coal LLC
  • Global Coal Blending Company Limited - Australia
  • Eastern Energy - Thailand
  • Meralco Power Generation, Philippines
  • SN Aboitiz Power Inc, Philippines
  • Argus Media - Singapore
  • Larsen & Toubro Limited - India
  • PetroVietnam Power Coal Import and Supply Company
  • Coastal Gujarat Power Limited - India
  • Port Waratah Coal Services - Australia
  • Rudhra Energy - India
  • Bukit Makmur.PT - Indonesia
  • Vedanta Resources Plc - India
  • Inspectorate - India
  • Parry Sugars Refinery, India
  • Economic Council, Georgia
  • Simpson Spence & Young - Indonesia
  • India Bulls Power Limited - India
  • Holcim Trading Pte Ltd - Singapore
  • KPCL - India
  • Formosa Plastics Group - Taiwan
  • Cargill India Pvt Ltd
  • Independent Power Producers Association of India
  • Petrochimia International Co. Ltd.- Taiwan
  • Maruti Cements - India
  • Jorong Barutama Greston.PT - Indonesia
  • Kartika Selabumi Mining - Indonesia
  • ICICI Bank Limited - India
  • Jaiprakash Power Ventures ltd
  • PNOC Exploration Corporation - Philippines
  • Core Mineral Indonesia
  • Barasentosa Lestari - Indonesia
  • Idemitsu - Japan
  • Mercuria Energy - Indonesia
  • Videocon Industries ltd - India
  • Bayan Resources Tbk. - Indonesia
  • Tamil Nadu electricity Board
  • Thiess Contractors Indonesia
  • Electricity Authority, New Zealand
  • World Bank
  • Neyveli Lignite Corporation Ltd, - India
  • Wilmar Investment Holdings
  • Mitsubishi Corporation
  • Xindia Steels Limited - India
  • Bank of America
  • Ministry of Transport, Egypt
  • Sucofindo - Indonesia
  • Ministry of Mines - Canada
  • Standard Chartered Bank - UAE
  • TNB Fuel Sdn Bhd - Malaysia
  • Mitra SK Pvt Ltd - India
  • Semirara Mining Corp, Philippines
  • Bank of China, Malaysia
  • EIA - United States
  • Latin American Coal - Colombia
  • OPG Power Generation Pvt Ltd - India
  • Indo Tambangraya Megah - Indonesia
  • Pendopo Energi Batubara - Indonesia
  • Asian Development Bank
  • Total Coal South Africa
  • Thailand Anthracite
  • Tata Chemicals Ltd - India
  • PTC India Limited - India
  • Uttam Galva Steels Limited - India
  • Rashtriya Ispat Nigam Limited - India
  • Permata Bank - Indonesia
  • RBS Sempra - UK
  • Kohat Cement Company Ltd. - Pakistan
  • SMG Consultants - Indonesia
  • Sical Logistics Limited - India
  • Shree Cement - India
  • Coal India Limited
  • Timah Investasi Mineral - Indoneisa
  • AsiaOL BioFuels Corp., Philippines
  • JPMorgan - India
  • Ministry of Finance - Indonesia
  • Agrawal Coal Company - India
  • Parliament of New Zealand
  • Grasim Industreis Ltd - India
  • New Zealand Coal & Carbon
  • Infraline Energy - India
  • Arch Coal - USA
  • Energy Development Corp, Philippines
  • Adani Power Ltd - India
  • Bukit Baiduri Energy - Indonesia
  • Mitsui
  • World Coal - UK
  • Xstrata Coal
  • JPower - Japan
  • Singapore Mercantile Exchange
  • Humpuss - Indonesia
  • Samtan Co., Ltd - South Korea
  • LBH Netherlands Bv - Netherlands
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Madhucon Powers Ltd - India
  • Sojitz Corporation - Japan
  • Savvy Resources Ltd - HongKong
  • Maersk Broker
  • European Bulk Services B.V. - Netherlands
  • Ince & co LLP
  • IBC Asia (S) Pte Ltd
  • Gupta Coal India Ltd
  • GN Power Mariveles Coal Plant, Philippines
  • Rio Tinto Coal - Australia
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Australian Commodity Traders Exchange
  • Borneo Indobara - Indonesia
  • Banpu Public Company Limited - Thailand
  • Chamber of Mines of South Africa
  • bp singapore
  • Glencore India Pvt. Ltd
  • San Jose City I Power Corp, Philippines
  • PetroVietnam
  • Reliance Power - India
  • Maharashtra Electricity Regulatory Commission - India
  • Kepco SPC Power Corporation, Philippines
  • PLN Batubara - Indonesia
  • Tata Power - India
  • The University of Queensland
  • Sindya Power Generating Company Private Ltd
  • Petrosea - Indonesia
  • SASOL - South Africa
  • Merrill Lynch Commodities Europe
  • Bhoruka Overseas - Indonesia
  • Anglo American - United Kingdom
  • Goldman Sachs - Singapore
  • Minerals Council of Australia
  • Cigading International Bulk Terminal - Indonesia
  • Globalindo Alam Lestari - Indonesia
  • SGS (Thailand) Limited
  • Thriveni
  • Deloitte Consulting - India
  • Sarangani Energy Corporation, Philippines
  • ING Bank NV - Singapore
  • Indian Oil Corporation Limited
  • GAC Shipping (India) Pvt Ltd
  • Price Waterhouse Coopers - Russia
  • Romanian Commodities Exchange
  • Asmin Koalindo Tuhup - Indonesia
  • Ambuja Cements Ltd - India
  • Geoservices-GeoAssay Lab
  • EMO - The Netherlands
  • Gresik Semen - Indonesia
  • SMC Global Power, Philippines
  • Therma Luzon, Inc, Philippines
  • MS Steel International - UAE
  • Power Finance Corporation Ltd., India
  • Ceylon Electricity Board - Sri Lanka
  • Global Green Power PLC Corporation, Philippines
  • Africa Commodities Group - South Africa
  • Inco-Indonesia
  • Renaissance Capital - South Africa
  • Directorate Of Revenue Intelligence - India
  • APGENCO India
  • Makarim & Taira - Indonesia
  • CNBM International Corporation - China
  • Asia Cement - Taiwan
  • Noble Europe Ltd - UK
  • Freeport Indonesia
  • Straits Asia Resources Limited - Singapore
  • UBS Singapore
  • GMR Energy Limited - India
  • Karbindo Abesyapradhi - Indoneisa
  • Essar Steel Hazira Ltd - India
  • WorleyParsons
  • CIMB Investment Bank - Malaysia
  • Lafarge - France
  • Peabody Energy - USA
  • Bulk Trading Sa - Switzerland
  • Kideco Jaya Agung - Indonesia
  • NALCO India
  • Japan Coal Energy Center
  • Vitol - Bahrain
  • CoalTek, United States
  • DBS Bank - Singapore
  • Samsung - South Korea
  • TRAFIGURA, South Korea
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Antam Resourcindo - Indonesia
  • Dalmia Cement Bharat India
  • Gujarat Electricity Regulatory Commission - India
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Siam City Cement - Thailand
  • UOB Asia (HK) Ltd
  • Posco Energy - South Korea
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Bhatia International Limited - India
  • Meenaskhi Energy Private Limited - India
  • Star Paper Mills Limited - India
  • Salva Resources Pvt Ltd - India
  • South Luzon Thermal Energy Corporation
  • Directorate General of MIneral and Coal - Indonesia
  • Orica Australia Pty. Ltd.
  • KEPCO - South Korea
  • Commonwealth Bank - Australia
  • Aboitiz Power Corporation - Philippines
  • Indogreen Group - Indonesia
  • Platts
  • Interocean Group of Companies - India
  • Jatenergy - Australia
  • Indonesian Coal Mining Association