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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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Wednesday, 03 February 10
RECOVERY IN INDONESIAN MINING SECTOR EXPECTED TO BOOST SALES, UNITED TRACTORS SAYS
PT United Tractors, the country’s biggest supplier of heavy equipment, said on Tuesday that it expected sales to increase 15 percent this year ...
Tuesday, 02 February 10
THAI BANPU SAYS HIGHER COSTS TO HIT COAL PROFITS
Thailand's top coal miner, expects profits from its coal business in 2010 to be lower than last year due to higher costs, but its chief executive i ...
Monday, 01 February 10
CIL PLANS TO INVEST IN OVERSEAS COAL MINES
Over the next 10 years, CIL expects to import from these mines at least 500 million tonnes of thermal coal, a variety used by power plants
The bo ...
Sunday, 31 January 10
AUSTRALIA NEWCASTLE THERMAL COAL FALLS 0.7 PERCENT TO $ 98.53
Power-station coal prices at Australia’s Newcastle port, a benchmark for Asia, declined 0.7 percent, falling for the first time in four weeks. ...
Sunday, 31 January 10
NTPC TO IMPORT COAL
NTPC Ltd plans to import coal directly, starting next fiscal.
“We plan to import 15-16 million tonnes of coal directly from next year,&rdqu ...
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- Ind-Barath Power Infra Limited - India
- Vizag Seaport Private Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Manunggal Multi Energi - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Samtan Co., Ltd - South Korea
- Independent Power Producers Association of India
- Eastern Energy - Thailand
- CNBM International Corporation - China
- Barasentosa Lestari - Indonesia
- Cement Manufacturers Association - India
- Toyota Tsusho Corporation, Japan
- Kapuas Tunggal Persada - Indonesia
- GMR Energy Limited - India
- Georgia Ports Authority, United States
- Global Business Power Corporation, Philippines
- The State Trading Corporation of India Ltd
- Karbindo Abesyapradhi - Indoneisa
- Cigading International Bulk Terminal - Indonesia
- The Treasury - Australian Government
- Kartika Selabumi Mining - Indonesia
- Parry Sugars Refinery, India
- Wilmar Investment Holdings
- Jorong Barutama Greston.PT - Indonesia
- Central Java Power - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Gujarat Electricity Regulatory Commission - India
- Orica Mining Services - Indonesia
- Pendopo Energi Batubara - Indonesia
- London Commodity Brokers - England
- Australian Coal Association
- Attock Cement Pakistan Limited
- Aboitiz Power Corporation - Philippines
- Miang Besar Coal Terminal - Indonesia
- Bharathi Cement Corporation - India
- Indika Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- Uttam Galva Steels Limited - India
- AsiaOL BioFuels Corp., Philippines
- Makarim & Taira - Indonesia
- European Bulk Services B.V. - Netherlands
- Iligan Light & Power Inc, Philippines
- Jindal Steel & Power Ltd - India
- Meenaskhi Energy Private Limited - India
- Minerals Council of Australia
- Essar Steel Hazira Ltd - India
- Eastern Coal Council - USA
- Therma Luzon, Inc, Philippines
- Videocon Industries ltd - India
- Maheswari Brothers Coal Limited - India
- Lanco Infratech Ltd - India
- Larsen & Toubro Limited - India
- Malabar Cements Ltd - India
- SMC Global Power, Philippines
- Jaiprakash Power Ventures ltd
- Xindia Steels Limited - India
- Ceylon Electricity Board - Sri Lanka
- Chettinad Cement Corporation Ltd - India
- Orica Australia Pty. Ltd.
- Australian Commodity Traders Exchange
- Maharashtra Electricity Regulatory Commission - India
- ASAPP Information Group - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Altura Mining Limited, Indonesia
- Krishnapatnam Port Company Ltd. - India
- Gujarat Sidhee Cement - India
- Kobexindo Tractors - Indoneisa
- Baramulti Group, Indonesia
- Sarangani Energy Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Gujarat Mineral Development Corp Ltd - India
- Metalloyd Limited - United Kingdom
- Anglo American - United Kingdom
- Carbofer General Trading SA - India
- GVK Power & Infra Limited - India
- Central Electricity Authority - India
- IEA Clean Coal Centre - UK
- Oldendorff Carriers - Singapore
- Coalindo Energy - Indonesia
- Simpson Spence & Young - Indonesia
- Star Paper Mills Limited - India
- Indian Oil Corporation Limited
- Directorate Of Revenue Intelligence - India
- Timah Investasi Mineral - Indoneisa
- Meralco Power Generation, Philippines
- Vedanta Resources Plc - India
- Energy Link Ltd, New Zealand
- Trasteel International SA, Italy
- Electricity Generating Authority of Thailand
- Bangladesh Power Developement Board
- Sakthi Sugars Limited - India
- LBH Netherlands Bv - Netherlands
- Semirara Mining Corp, Philippines
- San Jose City I Power Corp, Philippines
- Standard Chartered Bank - UAE
- Salva Resources Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Bhatia International Limited - India
- Kumho Petrochemical, South Korea
- Straits Asia Resources Limited - Singapore
- OPG Power Generation Pvt Ltd - India
- Mercator Lines Limited - India
- Tamil Nadu electricity Board
- Mercuria Energy - Indonesia
- Planning Commission, India
- Intertek Mineral Services - Indonesia
- Bayan Resources Tbk. - Indonesia
- IHS Mccloskey Coal Group - USA
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Coal Blending Company Limited - Australia
- Karaikal Port Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Power Finance Corporation Ltd., India
- Rashtriya Ispat Nigam Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Ministry of Transport, Egypt
- International Coal Ventures Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Africa Commodities Group - South Africa
- Renaissance Capital - South Africa
- Neyveli Lignite Corporation Ltd, - India
- Price Waterhouse Coopers - Russia
- Singapore Mercantile Exchange
- Thiess Contractors Indonesia
- The University of Queensland
- Siam City Cement PLC, Thailand
- Petron Corporation, Philippines
- Mintek Dendrill Indonesia
- Parliament of New Zealand
- MS Steel International - UAE
- Bhoruka Overseas - Indonesia
- Economic Council, Georgia
- Global Green Power PLC Corporation, Philippines
- Medco Energi Mining Internasional
- Banpu Public Company Limited - Thailand
- Binh Thuan Hamico - Vietnam
- Bhushan Steel Limited - India
- GAC Shipping (India) Pvt Ltd
- Marubeni Corporation - India
- Ambuja Cements Ltd - India
- Aditya Birla Group - India
- McConnell Dowell - Australia
- Agrawal Coal Company - India
- Kaltim Prima Coal - Indonesia
- Formosa Plastics Group - Taiwan
- Petrochimia International Co. Ltd.- Taiwan
- TeaM Sual Corporation - Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Grasim Industreis Ltd - India
- Chamber of Mines of South Africa
- Latin American Coal - Colombia
- Riau Bara Harum - Indonesia
- Edison Trading Spa - Italy
- India Bulls Power Limited - India
- Sinarmas Energy and Mining - Indonesia
- Heidelberg Cement - Germany
- Goldman Sachs - Singapore
- Alfred C Toepfer International GmbH - Germany
- Kideco Jaya Agung - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indogreen Group - Indonesia
- Antam Resourcindo - Indonesia
- Bukit Baiduri Energy - Indonesia
- Posco Energy - South Korea
- Tata Chemicals Ltd - India
- Coal and Oil Company - UAE
- Sindya Power Generating Company Private Ltd
- Wood Mackenzie - Singapore
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indo Tambangraya Megah - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Sojitz Corporation - Japan
- Sical Logistics Limited - India
- Semirara Mining and Power Corporation, Philippines
- Deloitte Consulting - India
- Rio Tinto Coal - Australia
- Port Waratah Coal Services - Australia
- GN Power Mariveles Coal Plant, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Commonwealth Bank - Australia
- ICICI Bank Limited - India
- South Luzon Thermal Energy Corporation
- Indian Energy Exchange, India
- Borneo Indobara - Indonesia
- Interocean Group of Companies - India
- CIMB Investment Bank - Malaysia
- Bukit Makmur.PT - Indonesia
- Merrill Lynch Commodities Europe
- Thai Mozambique Logistica
- Ministry of Finance - Indonesia
- VISA Power Limited - India
- Savvy Resources Ltd - HongKong
- SN Aboitiz Power Inc, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Madhucon Powers Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- PNOC Exploration Corporation - Philippines
- Globalindo Alam Lestari - Indonesia
- Energy Development Corp, Philippines
- Mjunction Services Limited - India
- Indonesian Coal Mining Association
- SMG Consultants - Indonesia
- Ministry of Mines - Canada
- PTC India Limited - India
- PowerSource Philippines DevCo
- New Zealand Coal & Carbon
- Kepco SPC Power Corporation, Philippines
- White Energy Company Limited
- Siam City Cement - Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Dalmia Cement Bharat India
- Romanian Commodities Exchange
- Electricity Authority, New Zealand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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