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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, 16 December 09
COAL MARKETS 2010 CONFERENCE - PRESS RELEASE
COALspot.com (Singapore) Press Release – Back for the 8th year, Coal Markets 2010 will be taking place in Singapore on 28 – 29 Jan ...
Wednesday, 16 December 09
CHINA 2010 COAL TERM PRICES SEEN RISING 8% ON YEAR
Term prices of thermal coal for 2010 in China are expected to rise about 8 percent from this year's levels, as demand for power has been roaring ba ...
Wednesday, 16 December 09
KANGAROO RESOURCES TO ACQUIRE INDONESIAN COAL INTERESTS
Emerging coal producer Kangaroo Resources has significantly enhanced its production pipeline in Indonesia after reaching agreement to acquire a coki ...
Wednesday, 16 December 09
UAE'S RAS AL KHAIMAH TO INVEST $5.2B IN EAST KALIMANTAN PROJECT
Shrugging off neighbor Dubai’s debt problems, the smaller United Arab Emirate of Ras Al Khaimah announced on Tuesday that it would increase it ...
Wednesday, 16 December 09
COECLERICI EYES SECOND RUSSIA COAL MINE
* CEO says "seriously considering" mid-small size purchase
* Will use mine to increase exports to Asia
* Says delays at ports will not c ...
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- The State Trading Corporation of India Ltd
- Bhatia International Limited - India
- Borneo Indobara - Indonesia
- Renaissance Capital - South Africa
- Miang Besar Coal Terminal - Indonesia
- Vizag Seaport Private Limited - India
- Meralco Power Generation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Ambuja Cements Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Siam City Cement - Thailand
- ASAPP Information Group - India
- Straits Asia Resources Limited - Singapore
- Economic Council, Georgia
- Karbindo Abesyapradhi - Indoneisa
- Orica Australia Pty. Ltd.
- Ceylon Electricity Board - Sri Lanka
- Gujarat Electricity Regulatory Commission - India
- Essar Steel Hazira Ltd - India
- Metalloyd Limited - United Kingdom
- Coastal Gujarat Power Limited - India
- Tamil Nadu electricity Board
- Australian Commodity Traders Exchange
- Aboitiz Power Corporation - Philippines
- TeaM Sual Corporation - Philippines
- Vedanta Resources Plc - India
- Edison Trading Spa - Italy
- Kobexindo Tractors - Indoneisa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Maharashtra Electricity Regulatory Commission - India
- White Energy Company Limited
- Chettinad Cement Corporation Ltd - India
- Bayan Resources Tbk. - Indonesia
- Independent Power Producers Association of India
- IEA Clean Coal Centre - UK
- Altura Mining Limited, Indonesia
- Energy Development Corp, Philippines
- Globalindo Alam Lestari - Indonesia
- Indian Oil Corporation Limited
- International Coal Ventures Pvt Ltd - India
- Ministry of Mines - Canada
- OPG Power Generation Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Kaltim Prima Coal - Indonesia
- Georgia Ports Authority, United States
- Sree Jayajothi Cements Limited - India
- Ind-Barath Power Infra Limited - India
- Petron Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- GVK Power & Infra Limited - India
- Meenaskhi Energy Private Limited - India
- Larsen & Toubro Limited - India
- Orica Mining Services - Indonesia
- Kartika Selabumi Mining - Indonesia
- Aditya Birla Group - India
- Maheswari Brothers Coal Limited - India
- Krishnapatnam Port Company Ltd. - India
- Bangladesh Power Developement Board
- Sojitz Corporation - Japan
- Alfred C Toepfer International GmbH - Germany
- Riau Bara Harum - Indonesia
- McConnell Dowell - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Business Power Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Eastern Energy - Thailand
- Anglo American - United Kingdom
- Commonwealth Bank - Australia
- Malabar Cements Ltd - India
- Sindya Power Generating Company Private Ltd
- Tata Chemicals Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Parry Sugars Refinery, India
- Karaikal Port Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Mercator Lines Limited - India
- Mjunction Services Limited - India
- Baramulti Group, Indonesia
- Pendopo Energi Batubara - Indonesia
- New Zealand Coal & Carbon
- Timah Investasi Mineral - Indoneisa
- Jindal Steel & Power Ltd - India
- PowerSource Philippines DevCo
- Star Paper Mills Limited - India
- European Bulk Services B.V. - Netherlands
- Siam City Cement PLC, Thailand
- Salva Resources Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- Rio Tinto Coal - Australia
- San Jose City I Power Corp, Philippines
- Therma Luzon, Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- Dalmia Cement Bharat India
- Deloitte Consulting - India
- Global Green Power PLC Corporation, Philippines
- Electricity Authority, New Zealand
- Leighton Contractors Pty Ltd - Australia
- Semirara Mining Corp, Philippines
- GMR Energy Limited - India
- Eastern Coal Council - USA
- Kalimantan Lumbung Energi - Indonesia
- Kumho Petrochemical, South Korea
- Indika Energy - Indonesia
- Directorate Of Revenue Intelligence - India
- Indo Tambangraya Megah - Indonesia
- Formosa Plastics Group - Taiwan
- Savvy Resources Ltd - HongKong
- CNBM International Corporation - China
- PNOC Exploration Corporation - Philippines
- Kepco SPC Power Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Planning Commission, India
- Jaiprakash Power Ventures ltd
- Rashtriya Ispat Nigam Limited - India
- Ministry of Transport, Egypt
- SN Aboitiz Power Inc, Philippines
- PTC India Limited - India
- Africa Commodities Group - South Africa
- Central Java Power - Indonesia
- Simpson Spence & Young - Indonesia
- Coal and Oil Company - UAE
- Minerals Council of Australia
- Gujarat Sidhee Cement - India
- The Treasury - Australian Government
- Pipit Mutiara Jaya. PT, Indonesia
- Wood Mackenzie - Singapore
- SMG Consultants - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Uttam Galva Steels Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Sarangani Energy Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Interocean Group of Companies - India
- Australian Coal Association
- Directorate General of MIneral and Coal - Indonesia
- Bulk Trading Sa - Switzerland
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- The University of Queensland
- South Luzon Thermal Energy Corporation
- Power Finance Corporation Ltd., India
- Oldendorff Carriers - Singapore
- Jorong Barutama Greston.PT - Indonesia
- Barasentosa Lestari - Indonesia
- Attock Cement Pakistan Limited
- Sakthi Sugars Limited - India
- Standard Chartered Bank - UAE
- Mintek Dendrill Indonesia
- ICICI Bank Limited - India
- Ministry of Finance - Indonesia
- Thiess Contractors Indonesia
- Banpu Public Company Limited - Thailand
- Antam Resourcindo - Indonesia
- VISA Power Limited - India
- Central Electricity Authority - India
- Petrochimia International Co. Ltd.- Taiwan
- Bharathi Cement Corporation - India
- MS Steel International - UAE
- Asmin Koalindo Tuhup - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sical Logistics Limited - India
- Romanian Commodities Exchange
- Wilmar Investment Holdings
- Vijayanagar Sugar Pvt Ltd - India
- London Commodity Brokers - England
- IHS Mccloskey Coal Group - USA
- Kideco Jaya Agung - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Bhushan Steel Limited - India
- Merrill Lynch Commodities Europe
- Carbofer General Trading SA - India
- Lanco Infratech Ltd - India
- Videocon Industries ltd - India
- Electricity Generating Authority of Thailand
- India Bulls Power Limited - India
- Semirara Mining and Power Corporation, Philippines
- Parliament of New Zealand
- Chamber of Mines of South Africa
- CIMB Investment Bank - Malaysia
- Makarim & Taira - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Port Waratah Coal Services - Australia
- Samtan Co., Ltd - South Korea
- LBH Netherlands Bv - Netherlands
- Binh Thuan Hamico - Vietnam
- Cement Manufacturers Association - India
- Energy Link Ltd, New Zealand
- Coalindo Energy - Indonesia
- Singapore Mercantile Exchange
- Manunggal Multi Energi - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Grasim Industreis Ltd - India
- Trasteel International SA, Italy
- Heidelberg Cement - Germany
- Xindia Steels Limited - India
- Marubeni Corporation - India
- Goldman Sachs - Singapore
- Madhucon Powers Ltd - India
- GAC Shipping (India) Pvt Ltd
- Thai Mozambique Logistica
- Indonesian Coal Mining Association
- Agrawal Coal Company - India
- TNB Fuel Sdn Bhd - Malaysia
- Indian Energy Exchange, India
- Intertek Mineral Services - Indonesia
- SMC Global Power, Philippines
- Bhoruka Overseas - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Latin American Coal - Colombia
- Medco Energi Mining Internasional
- Posco Energy - South Korea
- Indogreen Group - Indonesia
- Mercuria Energy - Indonesia
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