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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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Sunday, 14 March 10
CHINESE COAL PRICE MAY RISE TO TRADE NEAR SPOT, MACQUARIE SAYS
Bloomberg reported that, Steel mills in China, the world’s biggest producer of the alloy, may pay more for domestic coking coal this year as d ...
Sunday, 14 March 10
THERE IS NO INDICATION OF SLOWING DOWN OF IRON ORE AND COAL IMPORTS BY CHINA - VISTAAR SINGAPORE
COALspot.com: The dry bulk freight market continued the upward trend and the BDI closed 8.14 pct this week.
The Cape index up by 10.32 pct ...
Saturday, 13 March 10
INDONESIA COAL EXPORTS DROP IN FEBRUARY
COALspot.com: Indonesia, the world largest coal exporter, exported 24.38 million tons in January 2010 which fell slightly to 22.89 mln ton of coal i ...
Saturday, 13 March 10
INDONESIA TELLS BUKIT ASAM TO DITCH PARTNER IN SUMATRA RAILWAY UNLESS PROJECT STARTS
The Jakarta Globe reported that, the Indonesian government has urged state-owned miner PT Tambang Batubara Bukit Asam to look for new partners to he ...
Saturday, 13 March 10
OPTIMUM COAL AIMS TO RAISE R1,6 BILLION IN LISTING
All Africa reported that, COAL mining and exploration company Optimum Coal yesterday announced plans to list on the JSE at the end of the month ...
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Showing 5941 to 5945 news of total 6871 |
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- Dalmia Cement Bharat India
- AsiaOL BioFuels Corp., Philippines
- Bangladesh Power Developement Board
- TNB Fuel Sdn Bhd - Malaysia
- Orica Australia Pty. Ltd.
- Central Java Power - Indonesia
- ASAPP Information Group - India
- Cement Manufacturers Association - India
- Orica Mining Services - Indonesia
- Posco Energy - South Korea
- The Treasury - Australian Government
- Barasentosa Lestari - Indonesia
- GAC Shipping (India) Pvt Ltd
- Kumho Petrochemical, South Korea
- The State Trading Corporation of India Ltd
- Globalindo Alam Lestari - Indonesia
- Global Green Power PLC Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Semirara Mining and Power Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Baramulti Group, Indonesia
- Anglo American - United Kingdom
- Ministry of Mines - Canada
- Leighton Contractors Pty Ltd - Australia
- Renaissance Capital - South Africa
- Kartika Selabumi Mining - Indonesia
- India Bulls Power Limited - India
- Makarim & Taira - Indonesia
- International Coal Ventures Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Sree Jayajothi Cements Limited - India
- PowerSource Philippines DevCo
- Mercuria Energy - Indonesia
- Jaiprakash Power Ventures ltd
- Coal and Oil Company - UAE
- Standard Chartered Bank - UAE
- OPG Power Generation Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Coalindo Energy - Indonesia
- Bhushan Steel Limited - India
- Larsen & Toubro Limited - India
- Kepco SPC Power Corporation, Philippines
- Lanco Infratech Ltd - India
- Edison Trading Spa - Italy
- CIMB Investment Bank - Malaysia
- Timah Investasi Mineral - Indoneisa
- Merrill Lynch Commodities Europe
- Samtan Co., Ltd - South Korea
- Billiton Holdings Pty Ltd - Australia
- Economic Council, Georgia
- Marubeni Corporation - India
- SMG Consultants - Indonesia
- Africa Commodities Group - South Africa
- Toyota Tsusho Corporation, Japan
- Meralco Power Generation, Philippines
- Semirara Mining Corp, Philippines
- Therma Luzon, Inc, Philippines
- Simpson Spence & Young - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Kideco Jaya Agung - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Rashtriya Ispat Nigam Limited - India
- Australian Coal Association
- Indika Energy - Indonesia
- SMC Global Power, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Pipit Mutiara Jaya. PT, Indonesia
- Grasim Industreis Ltd - India
- Riau Bara Harum - Indonesia
- LBH Netherlands Bv - Netherlands
- Sical Logistics Limited - India
- Singapore Mercantile Exchange
- Rio Tinto Coal - Australia
- White Energy Company Limited
- Power Finance Corporation Ltd., India
- Altura Mining Limited, Indonesia
- Kobexindo Tractors - Indoneisa
- Manunggal Multi Energi - Indonesia
- Sojitz Corporation - Japan
- Tamil Nadu electricity Board
- Australian Commodity Traders Exchange
- Krishnapatnam Port Company Ltd. - India
- Parliament of New Zealand
- Wood Mackenzie - Singapore
- Thai Mozambique Logistica
- Bukit Makmur.PT - Indonesia
- Bhoruka Overseas - Indonesia
- Salva Resources Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Medco Energi Mining Internasional
- Attock Cement Pakistan Limited
- Chettinad Cement Corporation Ltd - India
- Carbofer General Trading SA - India
- Gujarat Sidhee Cement - India
- Kalimantan Lumbung Energi - Indonesia
- Uttam Galva Steels Limited - India
- Electricity Generating Authority of Thailand
- IHS Mccloskey Coal Group - USA
- Vedanta Resources Plc - India
- San Jose City I Power Corp, Philippines
- Planning Commission, India
- Petron Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Kohat Cement Company Ltd. - Pakistan
- Intertek Mineral Services - Indonesia
- Mercator Lines Limited - India
- GN Power Mariveles Coal Plant, Philippines
- VISA Power Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Karaikal Port Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- London Commodity Brokers - England
- Antam Resourcindo - Indonesia
- Vizag Seaport Private Limited - India
- Global Business Power Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- PTC India Limited - India
- European Bulk Services B.V. - Netherlands
- Sakthi Sugars Limited - India
- ICICI Bank Limited - India
- Banpu Public Company Limited - Thailand
- Global Coal Blending Company Limited - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Energy Link Ltd, New Zealand
- Indonesian Coal Mining Association
- Wilmar Investment Holdings
- Directorate General of MIneral and Coal - Indonesia
- Maheswari Brothers Coal Limited - India
- Parry Sugars Refinery, India
- Tata Chemicals Ltd - India
- Xindia Steels Limited - India
- PNOC Exploration Corporation - Philippines
- Indian Oil Corporation Limited
- Bharathi Cement Corporation - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Ministry of Finance - Indonesia
- Indian Energy Exchange, India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Trasteel International SA, Italy
- Independent Power Producers Association of India
- Bukit Baiduri Energy - Indonesia
- IEA Clean Coal Centre - UK
- Ministry of Transport, Egypt
- Borneo Indobara - Indonesia
- Ambuja Cements Ltd - India
- Bhatia International Limited - India
- Bayan Resources Tbk. - Indonesia
- Minerals Council of Australia
- Sinarmas Energy and Mining - Indonesia
- Bulk Trading Sa - Switzerland
- Offshore Bulk Terminal Pte Ltd, Singapore
- McConnell Dowell - Australia
- Agrawal Coal Company - India
- Star Paper Mills Limited - India
- Siam City Cement PLC, Thailand
- Thiess Contractors Indonesia
- Sindya Power Generating Company Private Ltd
- Latin American Coal - Colombia
- Miang Besar Coal Terminal - Indonesia
- GVK Power & Infra Limited - India
- MS Steel International - UAE
- Sarangani Energy Corporation, Philippines
- Metalloyd Limited - United Kingdom
- The University of Queensland
- PetroVietnam Power Coal Import and Supply Company
- Karbindo Abesyapradhi - Indoneisa
- GMR Energy Limited - India
- Formosa Plastics Group - Taiwan
- Port Waratah Coal Services - Australia
- Indogreen Group - Indonesia
- Directorate Of Revenue Intelligence - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Binh Thuan Hamico - Vietnam
- Romanian Commodities Exchange
- SN Aboitiz Power Inc, Philippines
- Siam City Cement - Thailand
- Eastern Energy - Thailand
- Ceylon Electricity Board - Sri Lanka
- Aditya Birla Group - India
- Mintek Dendrill Indonesia
- Central Electricity Authority - India
- Pendopo Energi Batubara - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- TeaM Sual Corporation - Philippines
- Mjunction Services Limited - India
- Heidelberg Cement - Germany
- Gujarat Electricity Regulatory Commission - India
- Energy Development Corp, Philippines
- Aboitiz Power Corporation - Philippines
- Gujarat Mineral Development Corp Ltd - India
- Straits Asia Resources Limited - Singapore
- Georgia Ports Authority, United States
- Deloitte Consulting - India
- Indo Tambangraya Megah - Indonesia
- Electricity Authority, New Zealand
- New Zealand Coal & Carbon
- Commonwealth Bank - Australia
- Malabar Cements Ltd - India
- Goldman Sachs - Singapore
- Coastal Gujarat Power Limited - India
- Kaltim Prima Coal - Indonesia
- Interocean Group of Companies - India
- CNBM International Corporation - China
- Price Waterhouse Coopers - Russia
- Oldendorff Carriers - Singapore
- Maharashtra Electricity Regulatory Commission - India
- Madhucon Powers Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Eastern Coal Council - USA
- Videocon Industries ltd - India
- Chamber of Mines of South Africa
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