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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, 07 March 10
SHIPS WERE FIXED AT AROUND US$ 16,000 PER DAY FOR TRIP VIA INDONESIA TO INDIA - CAPT. REDDY
COALspot.com: The freight market was quite buoyant this week and BDI was up by 18 pct . The Cape index up by 23.60 pct and Panamax index was up by 1 ...
Saturday, 06 March 10
ESSAR TO BUY US COAL FIRM FOR $550-600 MN
Business-Standard reported that, the Essar Group is close to buying Trinity Coal, one of the top 10 coal producers in the US, in a deal worth $550-6 ...
Friday, 05 March 10
KARNATAKA POWER SEEKS 900,000 TONS STEAMING COAL OVER 9 MONTHS
Bloomberg reported that, Karnataka Power Corp., an Indian electricity generator, is seeking to import 900,000 metric tons of steaming coal over nine ...
Friday, 05 March 10
COAL RALLY ON CHINESE DEMAND SPARKS $59 ESTIMATES
Bloomberg reportd that, A rally that has boosted coal prices 21 percent from their lows last year may have further to go as the coldest U.S. winter ...
Thursday, 04 March 10
BANPU KEEPS JORONG OUTPUT AT 2M TONNES
Bangkok Post reported that, Banpu Plc, Asean's largest coal miner, is maintaining an output target of 2 million tonnes this year from its Jorong mi ...
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- Power Finance Corporation Ltd., India
- Indonesian Coal Mining Association
- Posco Energy - South Korea
- IHS Mccloskey Coal Group - USA
- VISA Power Limited - India
- Directorate Of Revenue Intelligence - India
- Kobexindo Tractors - Indoneisa
- Pendopo Energi Batubara - Indonesia
- Central Java Power - Indonesia
- Siam City Cement - Thailand
- Australian Coal Association
- Bayan Resources Tbk. - Indonesia
- Sakthi Sugars Limited - India
- Bharathi Cement Corporation - India
- Sinarmas Energy and Mining - Indonesia
- Australian Commodity Traders Exchange
- Therma Luzon, Inc, Philippines
- Economic Council, Georgia
- Port Waratah Coal Services - Australia
- Global Green Power PLC Corporation, Philippines
- Mercator Lines Limited - India
- AsiaOL BioFuels Corp., Philippines
- Rashtriya Ispat Nigam Limited - India
- TeaM Sual Corporation - Philippines
- Madhucon Powers Ltd - India
- Meralco Power Generation, Philippines
- Latin American Coal - Colombia
- Baramulti Group, Indonesia
- Ministry of Transport, Egypt
- SN Aboitiz Power Inc, Philippines
- McConnell Dowell - Australia
- Wilmar Investment Holdings
- Star Paper Mills Limited - India
- Salva Resources Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Kapuas Tunggal Persada - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Medco Energi Mining Internasional
- Maharashtra Electricity Regulatory Commission - India
- SMC Global Power, Philippines
- Carbofer General Trading SA - India
- Bhushan Steel Limited - India
- Banpu Public Company Limited - Thailand
- Uttam Galva Steels Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- San Jose City I Power Corp, Philippines
- Parliament of New Zealand
- Planning Commission, India
- South Luzon Thermal Energy Corporation
- Kumho Petrochemical, South Korea
- Indogreen Group - Indonesia
- GVK Power & Infra Limited - India
- White Energy Company Limited
- Toyota Tsusho Corporation, Japan
- PowerSource Philippines DevCo
- Dalmia Cement Bharat India
- Antam Resourcindo - Indonesia
- Essar Steel Hazira Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Sree Jayajothi Cements Limited - India
- Aditya Birla Group - India
- London Commodity Brokers - England
- Singapore Mercantile Exchange
- PNOC Exploration Corporation - Philippines
- Samtan Co., Ltd - South Korea
- Simpson Spence & Young - Indonesia
- CNBM International Corporation - China
- OPG Power Generation Pvt Ltd - India
- New Zealand Coal & Carbon
- Offshore Bulk Terminal Pte Ltd, Singapore
- Minerals Council of Australia
- Eastern Energy - Thailand
- Eastern Coal Council - USA
- Krishnapatnam Port Company Ltd. - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bhatia International Limited - India
- Miang Besar Coal Terminal - Indonesia
- Mjunction Services Limited - India
- PTC India Limited - India
- Riau Bara Harum - Indonesia
- Binh Thuan Hamico - Vietnam
- Larsen & Toubro Limited - India
- Bukit Baiduri Energy - Indonesia
- Intertek Mineral Services - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Jindal Steel & Power Ltd - India
- Straits Asia Resources Limited - Singapore
- Semirara Mining and Power Corporation, Philippines
- ICICI Bank Limited - India
- Makarim & Taira - Indonesia
- Vizag Seaport Private Limited - India
- Rio Tinto Coal - Australia
- Lanco Infratech Ltd - India
- Wood Mackenzie - Singapore
- Meenaskhi Energy Private Limited - India
- Indo Tambangraya Megah - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Sarangani Energy Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Bhoruka Overseas - Indonesia
- Altura Mining Limited, Indonesia
- CIMB Investment Bank - Malaysia
- Borneo Indobara - Indonesia
- Chettinad Cement Corporation Ltd - India
- ASAPP Information Group - India
- Bahari Cakrawala Sebuku - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Grasim Industreis Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Trasteel International SA, Italy
- Kideco Jaya Agung - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Vedanta Resources Plc - India
- Price Waterhouse Coopers - Russia
- Kartika Selabumi Mining - Indonesia
- Malabar Cements Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- LBH Netherlands Bv - Netherlands
- Edison Trading Spa - Italy
- Barasentosa Lestari - Indonesia
- Coal and Oil Company - UAE
- Mintek Dendrill Indonesia
- Marubeni Corporation - India
- Interocean Group of Companies - India
- Sojitz Corporation - Japan
- Leighton Contractors Pty Ltd - Australia
- Manunggal Multi Energi - Indonesia
- Indian Energy Exchange, India
- The State Trading Corporation of India Ltd
- Attock Cement Pakistan Limited
- International Coal Ventures Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Tamil Nadu electricity Board
- Commonwealth Bank - Australia
- Electricity Authority, New Zealand
- Kohat Cement Company Ltd. - Pakistan
- Petron Corporation, Philippines
- Independent Power Producers Association of India
- Petrochimia International Co. Ltd.- Taiwan
- Anglo American - United Kingdom
- The Treasury - Australian Government
- Cement Manufacturers Association - India
- Global Business Power Corporation, Philippines
- Xindia Steels Limited - India
- Parry Sugars Refinery, India
- Central Electricity Authority - India
- SMG Consultants - Indonesia
- Agrawal Coal Company - India
- Ceylon Electricity Board - Sri Lanka
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Globalindo Alam Lestari - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Romanian Commodities Exchange
- Aboitiz Power Corporation - Philippines
- Thiess Contractors Indonesia
- Gujarat Sidhee Cement - India
- Savvy Resources Ltd - HongKong
- Goldman Sachs - Singapore
- Electricity Generating Authority of Thailand
- Georgia Ports Authority, United States
- Ministry of Mines - Canada
- IEA Clean Coal Centre - UK
- Standard Chartered Bank - UAE
- Deloitte Consulting - India
- Renaissance Capital - South Africa
- Ambuja Cements Ltd - India
- Metalloyd Limited - United Kingdom
- Cigading International Bulk Terminal - Indonesia
- Maheswari Brothers Coal Limited - India
- Energy Development Corp, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Bangladesh Power Developement Board
- Oldendorff Carriers - Singapore
- Timah Investasi Mineral - Indoneisa
- Ind-Barath Power Infra Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Formosa Plastics Group - Taiwan
- GMR Energy Limited - India
- Siam City Cement PLC, Thailand
- Mercuria Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- Bulk Trading Sa - Switzerland
- TNB Fuel Sdn Bhd - Malaysia
- Bank of Tokyo Mitsubishi UFJ Ltd
- MS Steel International - UAE
- Semirara Mining Corp, Philippines
- Iligan Light & Power Inc, Philippines
- Coalindo Energy - Indonesia
- Sical Logistics Limited - India
- Africa Commodities Group - South Africa
- European Bulk Services B.V. - Netherlands
- Jaiprakash Power Ventures ltd
- Indika Energy - Indonesia
- The University of Queensland
- Kaltim Prima Coal - Indonesia
- Videocon Industries ltd - India
- Bukit Makmur.PT - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Tata Chemicals Ltd - India
- Indian Oil Corporation Limited
- Jorong Barutama Greston.PT - Indonesia
- Ministry of Finance - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Chamber of Mines of South Africa
- Orica Australia Pty. Ltd.
- Kepco SPC Power Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Merrill Lynch Commodities Europe
- Heidelberg Cement - Germany
- India Bulls Power Limited - India
- Orica Mining Services - Indonesia
- Karaikal Port Pvt Ltd - India
- Thai Mozambique Logistica
- GN Power Mariveles Coal Plant, Philippines
- Global Coal Blending Company Limited - Australia
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