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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, 18 February 10
COAL MINERS FACE SHUTDOWN OVER RECLAMATION FUNDING
Three coal mining companies may be forced to temporarily stop operations this year if they fail to provide funding for a site-reclamation program.
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Thursday, 18 February 10
DECOUPLING FROM OIL PRICES ON STRONG GLOBAL ENERGY DEMAND
A recent coal market conference in Singapore focused on two main issues –— the demand for coal as a source of energy, and coal pricing.& ...
Thursday, 18 February 10
INDONESIA TO INVITE BIDS FOR $1.5 BLN COAL RAILWAY IN MAY
Indonesia plans to invite investors to bid for contracts to build a $1.5 billion coal railway line in Central Kalimantan, a planning ministry offici ...
Thursday, 18 February 10
INDONESIA ZONING RULE THREATENS MINING - INDUSTRY
Reuters reported that, confusion over a new Indonesian land use regulation could halt the operations of some mining firms, providing a new threat to ...
Wednesday, 17 February 10
LAND OVERLAPPING UNAVOIDABLE
Land overlapping issues in the mining industry is unavoidable due to the availability of mineral, coal, and oil resources which are often located be ...
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- Central Java Power - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Australian Coal Association
- Thai Mozambique Logistica
- Cement Manufacturers Association - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Uttam Galva Steels Limited - India
- Central Electricity Authority - India
- The State Trading Corporation of India Ltd
- Formosa Plastics Group - Taiwan
- Electricity Generating Authority of Thailand
- Singapore Mercantile Exchange
- Savvy Resources Ltd - HongKong
- Antam Resourcindo - Indonesia
- Therma Luzon, Inc, Philippines
- Barasentosa Lestari - Indonesia
- Tamil Nadu electricity Board
- Baramulti Group, Indonesia
- Holcim Trading Pte Ltd - Singapore
- Sindya Power Generating Company Private Ltd
- London Commodity Brokers - England
- Africa Commodities Group - South Africa
- Global Coal Blending Company Limited - Australia
- Orica Australia Pty. Ltd.
- Binh Thuan Hamico - Vietnam
- ASAPP Information Group - India
- Independent Power Producers Association of India
- Merrill Lynch Commodities Europe
- Bahari Cakrawala Sebuku - Indonesia
- VISA Power Limited - India
- Sakthi Sugars Limited - India
- Simpson Spence & Young - Indonesia
- Siam City Cement PLC, Thailand
- Thiess Contractors Indonesia
- Bukit Makmur.PT - Indonesia
- Posco Energy - South Korea
- Bhoruka Overseas - Indonesia
- Ind-Barath Power Infra Limited - India
- PowerSource Philippines DevCo
- PNOC Exploration Corporation - Philippines
- Marubeni Corporation - India
- GVK Power & Infra Limited - India
- Essar Steel Hazira Ltd - India
- Kideco Jaya Agung - Indonesia
- Chamber of Mines of South Africa
- Directorate General of MIneral and Coal - Indonesia
- Sojitz Corporation - Japan
- Rio Tinto Coal - Australia
- Gujarat Mineral Development Corp Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Karaikal Port Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Mintek Dendrill Indonesia
- The Treasury - Australian Government
- Semirara Mining and Power Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Indonesian Coal Mining Association
- Borneo Indobara - Indonesia
- Siam City Cement - Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Vijayanagar Sugar Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Directorate Of Revenue Intelligence - India
- PTC India Limited - India
- Coastal Gujarat Power Limited - India
- Energy Development Corp, Philippines
- Ministry of Mines - Canada
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mercuria Energy - Indonesia
- Carbofer General Trading SA - India
- Tata Chemicals Ltd - India
- Kumho Petrochemical, South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Salva Resources Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Jindal Steel & Power Ltd - India
- Anglo American - United Kingdom
- Star Paper Mills Limited - India
- IHS Mccloskey Coal Group - USA
- Parry Sugars Refinery, India
- Jaiprakash Power Ventures ltd
- European Bulk Services B.V. - Netherlands
- Neyveli Lignite Corporation Ltd, - India
- Billiton Holdings Pty Ltd - Australia
- AsiaOL BioFuels Corp., Philippines
- Power Finance Corporation Ltd., India
- Wood Mackenzie - Singapore
- Oldendorff Carriers - Singapore
- Bhatia International Limited - India
- Bukit Baiduri Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Altura Mining Limited, Indonesia
- The University of Queensland
- Latin American Coal - Colombia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Deloitte Consulting - India
- Kobexindo Tractors - Indoneisa
- Jorong Barutama Greston.PT - Indonesia
- Renaissance Capital - South Africa
- Attock Cement Pakistan Limited
- Straits Asia Resources Limited - Singapore
- Sinarmas Energy and Mining - Indonesia
- Banpu Public Company Limited - Thailand
- MS Steel International - UAE
- CIMB Investment Bank - Malaysia
- GAC Shipping (India) Pvt Ltd
- GMR Energy Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Gujarat Sidhee Cement - India
- Coalindo Energy - Indonesia
- Ministry of Finance - Indonesia
- Dalmia Cement Bharat India
- Timah Investasi Mineral - Indoneisa
- Vedanta Resources Plc - India
- Georgia Ports Authority, United States
- Videocon Industries ltd - India
- Trasteel International SA, Italy
- White Energy Company Limited
- San Jose City I Power Corp, Philippines
- Minerals Council of Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ambuja Cements Ltd - India
- Bhushan Steel Limited - India
- SN Aboitiz Power Inc, Philippines
- Malabar Cements Ltd - India
- Madhucon Powers Ltd - India
- Interocean Group of Companies - India
- Medco Energi Mining Internasional
- International Coal Ventures Pvt Ltd - India
- Meralco Power Generation, Philippines
- Metalloyd Limited - United Kingdom
- New Zealand Coal & Carbon
- Indika Energy - Indonesia
- Lanco Infratech Ltd - India
- Semirara Mining Corp, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Miang Besar Coal Terminal - Indonesia
- Samtan Co., Ltd - South Korea
- Parliament of New Zealand
- Bharathi Cement Corporation - India
- Global Green Power PLC Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- McConnell Dowell - Australia
- Edison Trading Spa - Italy
- Rashtriya Ispat Nigam Limited - India
- Krishnapatnam Port Company Ltd. - India
- OPG Power Generation Pvt Ltd - India
- Heidelberg Cement - Germany
- Port Waratah Coal Services - Australia
- IEA Clean Coal Centre - UK
- India Bulls Power Limited - India
- Orica Mining Services - Indonesia
- Australian Commodity Traders Exchange
- TeaM Sual Corporation - Philippines
- Bangladesh Power Developement Board
- Riau Bara Harum - Indonesia
- SMG Consultants - Indonesia
- Coal and Oil Company - UAE
- Sarangani Energy Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Indo Tambangraya Megah - Indonesia
- Intertek Mineral Services - Indonesia
- Meenaskhi Energy Private Limited - India
- Kepco SPC Power Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Energy Link Ltd, New Zealand
- Planning Commission, India
- Aboitiz Power Corporation - Philippines
- Standard Chartered Bank - UAE
- Pendopo Energi Batubara - Indonesia
- Wilmar Investment Holdings
- Makarim & Taira - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Maheswari Brothers Coal Limited - India
- Kapuas Tunggal Persada - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Mercator Lines Limited - India
- SMC Global Power, Philippines
- Grasim Industreis Ltd - India
- Eastern Coal Council - USA
- Aditya Birla Group - India
- Eastern Energy - Thailand
- Romanian Commodities Exchange
- Ministry of Transport, Egypt
- Indian Energy Exchange, India
- Toyota Tsusho Corporation, Japan
- Indian Oil Corporation Limited
- Price Waterhouse Coopers - Russia
- Kalimantan Lumbung Energi - Indonesia
- Indogreen Group - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Petron Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Bayan Resources Tbk. - Indonesia
- Economic Council, Georgia
- Sree Jayajothi Cements Limited - India
- Globalindo Alam Lestari - Indonesia
- Bulk Trading Sa - Switzerland
- Chettinad Cement Corporation Ltd - India
- Kartika Selabumi Mining - Indonesia
- Mjunction Services Limited - India
- CNBM International Corporation - China
- Commonwealth Bank - Australia
- ICICI Bank Limited - India
- Electricity Authority, New Zealand
- Xindia Steels Limited - India
- Agrawal Coal Company - India
- Maharashtra Electricity Regulatory Commission - India
- Vizag Seaport Private Limited - India
- Larsen & Toubro Limited - India
- Goldman Sachs - Singapore
- Global Business Power Corporation, Philippines
- Sical Logistics Limited - India
- LBH Netherlands Bv - Netherlands
- South Luzon Thermal Energy Corporation
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