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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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Friday, 26 February 10
BANPU PROFITS SURGE BY 54% TO RECORD B14BN ON BRISK SALES
Banpu Plc, Asean's largest coal miner, said its earnings surged to a record high of 14.23 billion baht last year, an increase of 54% on the previou ...
Thursday, 25 February 10
INDO / INDIA COAL TRIPS SUPRAS CAN ACHIEVE AROUND MID 10S - FEARNLEYS AS
Handy
The BSI regained positive momentum exactly a week ago and the Atlantic rema ...
Thursday, 25 February 10
STEEP RISE IN COAL IMPORTS REQUIRED TO POWER INDIA - MONEYLIFE
The power ministry has estimated coal imports of 48 million tonnes in FY10-11, sharply higher than the expected imports of 28mt in the current fisca ...
Wednesday, 24 February 10
CHINA IMPORTED 8.81 MLN TONS OF INDONESIAN COAL IN JANUARY 2010
COALspot.com: Indonesia, the world largest coal exporter, exported 24.38 million tons of coal last month, compared with 27.46 million tons in a ...
Tuesday, 23 February 10
TRENDS..... DRY BULK MARKET .... TRENDS
The dry bulk market was pulled along by the Capes this week, as fresh enquiry breathed temporary life back into the market. Short period rates also ...
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Showing 5971 to 5975 news of total 6871 |
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- Kartika Selabumi Mining - Indonesia
- London Commodity Brokers - England
- Mercator Lines Limited - India
- Pendopo Energi Batubara - Indonesia
- Marubeni Corporation - India
- SMG Consultants - Indonesia
- Bukit Makmur.PT - Indonesia
- International Coal Ventures Pvt Ltd - India
- Indonesian Coal Mining Association
- Medco Energi Mining Internasional
- Interocean Group of Companies - India
- Trasteel International SA, Italy
- TNB Fuel Sdn Bhd - Malaysia
- Kaltim Prima Coal - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Chettinad Cement Corporation Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Rio Tinto Coal - Australia
- India Bulls Power Limited - India
- Indika Energy - Indonesia
- Electricity Authority, New Zealand
- Star Paper Mills Limited - India
- Globalindo Alam Lestari - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sinarmas Energy and Mining - Indonesia
- Kepco SPC Power Corporation, Philippines
- Sojitz Corporation - Japan
- GVK Power & Infra Limited - India
- Toyota Tsusho Corporation, Japan
- Aboitiz Power Corporation - Philippines
- Ambuja Cements Ltd - India
- Vedanta Resources Plc - India
- IHS Mccloskey Coal Group - USA
- Agrawal Coal Company - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Heidelberg Cement - Germany
- Mjunction Services Limited - India
- European Bulk Services B.V. - Netherlands
- Lanco Infratech Ltd - India
- Dalmia Cement Bharat India
- Parry Sugars Refinery, India
- Vijayanagar Sugar Pvt Ltd - India
- McConnell Dowell - Australia
- Wilmar Investment Holdings
- PetroVietnam Power Coal Import and Supply Company
- Salva Resources Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Indian Oil Corporation Limited
- Kumho Petrochemical, South Korea
- Sical Logistics Limited - India
- Planning Commission, India
- Australian Commodity Traders Exchange
- Eastern Coal Council - USA
- Baramulti Group, Indonesia
- Holcim Trading Pte Ltd - Singapore
- Siam City Cement - Thailand
- Metalloyd Limited - United Kingdom
- Semirara Mining and Power Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Meenaskhi Energy Private Limited - India
- Kohat Cement Company Ltd. - Pakistan
- VISA Power Limited - India
- Jaiprakash Power Ventures ltd
- Formosa Plastics Group - Taiwan
- Xindia Steels Limited - India
- Indogreen Group - Indonesia
- Power Finance Corporation Ltd., India
- Orica Mining Services - Indonesia
- Sakthi Sugars Limited - India
- Meralco Power Generation, Philippines
- Romanian Commodities Exchange
- Anglo American - United Kingdom
- Iligan Light & Power Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Directorate Of Revenue Intelligence - India
- Simpson Spence & Young - Indonesia
- Ceylon Electricity Board - Sri Lanka
- TeaM Sual Corporation - Philippines
- Sindya Power Generating Company Private Ltd
- Borneo Indobara - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Chamber of Mines of South Africa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Uttam Galva Steels Limited - India
- Australian Coal Association
- Aditya Birla Group - India
- ICICI Bank Limited - India
- South Luzon Thermal Energy Corporation
- Timah Investasi Mineral - Indoneisa
- Bukit Baiduri Energy - Indonesia
- Wood Mackenzie - Singapore
- The University of Queensland
- Billiton Holdings Pty Ltd - Australia
- Georgia Ports Authority, United States
- Cement Manufacturers Association - India
- Bhatia International Limited - India
- Mintek Dendrill Indonesia
- Makarim & Taira - Indonesia
- Eastern Energy - Thailand
- Kobexindo Tractors - Indoneisa
- Antam Resourcindo - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- GMR Energy Limited - India
- Larsen & Toubro Limited - India
- Malabar Cements Ltd - India
- Standard Chartered Bank - UAE
- Petrochimia International Co. Ltd.- Taiwan
- Essar Steel Hazira Ltd - India
- Ministry of Finance - Indonesia
- Latin American Coal - Colombia
- Minerals Council of Australia
- Karbindo Abesyapradhi - Indoneisa
- Pipit Mutiara Jaya. PT, Indonesia
- Videocon Industries ltd - India
- Sarangani Energy Corporation, Philippines
- Bhushan Steel Limited - India
- Intertek Mineral Services - Indonesia
- Coalindo Energy - Indonesia
- Riau Bara Harum - Indonesia
- Edison Trading Spa - Italy
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Renaissance Capital - South Africa
- Price Waterhouse Coopers - Russia
- Bhoruka Overseas - Indonesia
- Oldendorff Carriers - Singapore
- SMC Global Power, Philippines
- Gujarat Sidhee Cement - India
- CIMB Investment Bank - Malaysia
- Central Electricity Authority - India
- Kapuas Tunggal Persada - Indonesia
- Economic Council, Georgia
- ASAPP Information Group - India
- San Jose City I Power Corp, Philippines
- GAC Shipping (India) Pvt Ltd
- Bangladesh Power Developement Board
- Port Waratah Coal Services - Australia
- Deloitte Consulting - India
- Carbofer General Trading SA - India
- Neyveli Lignite Corporation Ltd, - India
- Tamil Nadu electricity Board
- GN Power Mariveles Coal Plant, Philippines
- Samtan Co., Ltd - South Korea
- Electricity Generating Authority of Thailand
- Global Green Power PLC Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Ministry of Transport, Egypt
- Ind-Barath Power Infra Limited - India
- Orica Australia Pty. Ltd.
- Parliament of New Zealand
- Krishnapatnam Port Company Ltd. - India
- Merrill Lynch Commodities Europe
- Barasentosa Lestari - Indonesia
- The Treasury - Australian Government
- CNBM International Corporation - China
- Bukit Asam (Persero) Tbk - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Posco Energy - South Korea
- Vizag Seaport Private Limited - India
- SN Aboitiz Power Inc, Philippines
- Singapore Mercantile Exchange
- Jorong Barutama Greston.PT - Indonesia
- Bayan Resources Tbk. - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Bulk Trading Sa - Switzerland
- Thai Mozambique Logistica
- Jindal Steel & Power Ltd - India
- Independent Power Producers Association of India
- Ministry of Mines - Canada
- Global Business Power Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- The State Trading Corporation of India Ltd
- Maharashtra Electricity Regulatory Commission - India
- Goldman Sachs - Singapore
- Energy Development Corp, Philippines
- Therma Luzon, Inc, Philippines
- Central Java Power - Indonesia
- Kideco Jaya Agung - Indonesia
- IEA Clean Coal Centre - UK
- White Energy Company Limited
- Energy Link Ltd, New Zealand
- PNOC Exploration Corporation - Philippines
- Commonwealth Bank - Australia
- Madhucon Powers Ltd - India
- Africa Commodities Group - South Africa
- Global Coal Blending Company Limited - Australia
- Bharathi Cement Corporation - India
- Siam City Cement PLC, Thailand
- Karaikal Port Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Kalimantan Lumbung Energi - Indonesia
- Binh Thuan Hamico - Vietnam
- Coastal Gujarat Power Limited - India
- MS Steel International - UAE
- OPG Power Generation Pvt Ltd - India
- Grasim Industreis Ltd - India
- Altura Mining Limited, Indonesia
- Semirara Mining Corp, Philippines
- Petron Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Attock Cement Pakistan Limited
- Savvy Resources Ltd - HongKong
- Manunggal Multi Energi - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Coal and Oil Company - UAE
- Banpu Public Company Limited - Thailand
- Tata Chemicals Ltd - India
- Mercuria Energy - Indonesia
- New Zealand Coal & Carbon
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PTC India Limited - India
- Thiess Contractors Indonesia
- Indian Energy Exchange, India
- Indo Tambangraya Megah - Indonesia
- PowerSource Philippines DevCo
- Directorate General of MIneral and Coal - Indonesia
- Straits Asia Resources Limited - Singapore
- AsiaOL BioFuels Corp., Philippines
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