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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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Thursday, 25 March 10
THE INDIAN MARKET IS STILL FIRM - FEARNLEYS AS
Handy
A sluggish start to the week in the Atlantic with little fresh busin ...
Tuesday, 23 March 10
NINE COMPANIES WIN 20-YEAR COAL CONTRACTS - TEMPO
Tempo Interactive reported that, State Eletricity Company (Perusahaan Listrik Negara) revealed four joint ventures and one company winning coa ...
Monday, 22 March 10
INDONESIA`S MERUKH WINS US$3 BLN SWISS CONTRACT TO SUPPLY COAL - ANTARA
Antara Reported that, Indonesia's PT Merukh Enterprises said it has secured a 30-year contract to supply coal to Swiss buyer Glencore International ...
Monday, 22 March 10
INDIA TO IMPORT COLOMBIAN COAL FOR FIRST TIME AS DEMAND SURGES - BLOOMBERG
Bloomberg reported that, Adani Enterprises Ltd., India’s biggest coal importer, agreed to buy thermal coal from Colombia for the first t ...
Saturday, 20 March 10
NO MAJOR CHANGES ON SUPRAMAX MARKET FOR NEXT COUPLE OF WEEKS - VISTAAR
COALspot.com: “The dry bulk freight market continued to be firm on the Panamax and Supramax and Handy size vessels”, said Capt. Reddy MD ...
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Showing 5926 to 5930 news of total 6871 |
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- Star Paper Mills Limited - India
- Antam Resourcindo - Indonesia
- Therma Luzon, Inc, Philippines
- Planning Commission, India
- Sojitz Corporation - Japan
- Altura Mining Limited, Indonesia
- International Coal Ventures Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Maheswari Brothers Coal Limited - India
- Sree Jayajothi Cements Limited - India
- Alfred C Toepfer International GmbH - Germany
- Dalmia Cement Bharat India
- Central Electricity Authority - India
- Bukit Asam (Persero) Tbk - Indonesia
- PowerSource Philippines DevCo
- Global Coal Blending Company Limited - Australia
- Electricity Generating Authority of Thailand
- Renaissance Capital - South Africa
- Thiess Contractors Indonesia
- Price Waterhouse Coopers - Russia
- Uttam Galva Steels Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Indian Oil Corporation Limited
- Kapuas Tunggal Persada - Indonesia
- Kideco Jaya Agung - Indonesia
- Bulk Trading Sa - Switzerland
- The University of Queensland
- Bangladesh Power Developement Board
- Makarim & Taira - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Jaiprakash Power Ventures ltd
- Semirara Mining Corp, Philippines
- Bhoruka Overseas - Indonesia
- Edison Trading Spa - Italy
- Neyveli Lignite Corporation Ltd, - India
- Savvy Resources Ltd - HongKong
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Eastern Energy - Thailand
- Trasteel International SA, Italy
- VISA Power Limited - India
- Vizag Seaport Private Limited - India
- Indonesian Coal Mining Association
- Carbofer General Trading SA - India
- ICICI Bank Limited - India
- Australian Coal Association
- Jindal Steel & Power Ltd - India
- Central Java Power - Indonesia
- Standard Chartered Bank - UAE
- Cement Manufacturers Association - India
- LBH Netherlands Bv - Netherlands
- Ministry of Finance - Indonesia
- Indo Tambangraya Megah - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Salva Resources Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Larsen & Toubro Limited - India
- European Bulk Services B.V. - Netherlands
- Wilmar Investment Holdings
- Heidelberg Cement - Germany
- Gujarat Mineral Development Corp Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Aditya Birla Group - India
- Africa Commodities Group - South Africa
- Power Finance Corporation Ltd., India
- Economic Council, Georgia
- Coal and Oil Company - UAE
- Ministry of Mines - Canada
- Toyota Tsusho Corporation, Japan
- Sical Logistics Limited - India
- Bharathi Cement Corporation - India
- TNB Fuel Sdn Bhd - Malaysia
- Leighton Contractors Pty Ltd - Australia
- Siam City Cement - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Marubeni Corporation - India
- Holcim Trading Pte Ltd - Singapore
- Xindia Steels Limited - India
- Medco Energi Mining Internasional
- Kohat Cement Company Ltd. - Pakistan
- Kartika Selabumi Mining - Indonesia
- Globalindo Alam Lestari - Indonesia
- Straits Asia Resources Limited - Singapore
- Sindya Power Generating Company Private Ltd
- Oldendorff Carriers - Singapore
- Mercuria Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Riau Bara Harum - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Goldman Sachs - Singapore
- Ceylon Electricity Board - Sri Lanka
- Vedanta Resources Plc - India
- Orica Australia Pty. Ltd.
- Gujarat Electricity Regulatory Commission - India
- IHS Mccloskey Coal Group - USA
- Coalindo Energy - Indonesia
- Bukit Baiduri Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Attock Cement Pakistan Limited
- Energy Link Ltd, New Zealand
- Ministry of Transport, Egypt
- Thai Mozambique Logistica
- Electricity Authority, New Zealand
- Barasentosa Lestari - Indonesia
- Grasim Industreis Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Binh Thuan Hamico - Vietnam
- Interocean Group of Companies - India
- Parliament of New Zealand
- Timah Investasi Mineral - Indoneisa
- PTC India Limited - India
- Malabar Cements Ltd - India
- Indika Energy - Indonesia
- New Zealand Coal & Carbon
- Global Green Power PLC Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Georgia Ports Authority, United States
- Agrawal Coal Company - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- CNBM International Corporation - China
- TeaM Sual Corporation - Philippines
- Australian Commodity Traders Exchange
- Banpu Public Company Limited - Thailand
- Simpson Spence & Young - Indonesia
- Parry Sugars Refinery, India
- Formosa Plastics Group - Taiwan
- Kumho Petrochemical, South Korea
- Asmin Koalindo Tuhup - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Samtan Co., Ltd - South Korea
- Tamil Nadu electricity Board
- Anglo American - United Kingdom
- South Luzon Thermal Energy Corporation
- Bhatia International Limited - India
- Krishnapatnam Port Company Ltd. - India
- Singapore Mercantile Exchange
- Baramulti Group, Indonesia
- The Treasury - Australian Government
- Pendopo Energi Batubara - Indonesia
- Billiton Holdings Pty Ltd - Australia
- GN Power Mariveles Coal Plant, Philippines
- Directorate Of Revenue Intelligence - India
- Meralco Power Generation, Philippines
- Lanco Infratech Ltd - India
- Iligan Light & Power Inc, Philippines
- Intertek Mineral Services - Indonesia
- Orica Mining Services - Indonesia
- Mercator Lines Limited - India
- MS Steel International - UAE
- Indogreen Group - Indonesia
- Romanian Commodities Exchange
- Mintek Dendrill Indonesia
- Tata Chemicals Ltd - India
- OPG Power Generation Pvt Ltd - India
- GMR Energy Limited - India
- Aboitiz Power Corporation - Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Coastal Gujarat Power Limited - India
- Wood Mackenzie - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GVK Power & Infra Limited - India
- CIMB Investment Bank - Malaysia
- Bayan Resources Tbk. - Indonesia
- Petron Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Borneo Indobara - Indonesia
- Posco Energy - South Korea
- Siam City Cement PLC, Thailand
- Essar Steel Hazira Ltd - India
- Rio Tinto Coal - Australia
- Kepco SPC Power Corporation, Philippines
- Latin American Coal - Colombia
- White Energy Company Limited
- Manunggal Multi Energi - Indonesia
- McConnell Dowell - Australia
- GAC Shipping (India) Pvt Ltd
- Sakthi Sugars Limited - India
- Global Business Power Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Meenaskhi Energy Private Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Minerals Council of Australia
- Karaikal Port Pvt Ltd - India
- Gujarat Sidhee Cement - India
- Energy Development Corp, Philippines
- ASAPP Information Group - India
- Bhushan Steel Limited - India
- Chettinad Cement Corporation Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Semirara Mining and Power Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Chamber of Mines of South Africa
- Eastern Coal Council - USA
- IEA Clean Coal Centre - UK
- Madhucon Powers Ltd - India
- Videocon Industries ltd - India
- Merrill Lynch Commodities Europe
- Kobexindo Tractors - Indoneisa
- Maharashtra Electricity Regulatory Commission - India
- Sarangani Energy Corporation, Philippines
- India Bulls Power Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- SMG Consultants - Indonesia
- The State Trading Corporation of India Ltd
- Deloitte Consulting - India
- Indian Energy Exchange, India
- Port Waratah Coal Services - Australia
- Ambuja Cements Ltd - India
- Independent Power Producers Association of India
- Commonwealth Bank - Australia
- Karbindo Abesyapradhi - Indoneisa
- San Jose City I Power Corp, Philippines
- SMC Global Power, Philippines
- Mjunction Services Limited - India
- London Commodity Brokers - England
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