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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, 09 December 09
COAL INDIA YET TO IMPLEMENT IMPORT LINKED PRICES
Coal India Ltd is adopting a conservative approach in pricing despite being allowed to charge import-linked price for the country's minuscule reser ...
Wednesday, 09 December 09
INDIA NEEDS TO IMPORT 29 MILLION TONNE STEAM COAL IN 2009 - 10
Mr Sriprakash Jaiswal Indian minister of state (Independent Charge) for coal informed the Rajya Sabha that Central Electricity Authority has estimat ...
Tuesday, 08 December 09
VOLATILE COAL PRICES SPUR ASIAN HEDGING
Volatile coal prices are forcing staid Asian power firms to change the way they buy fuel, setting the scene for a hedging boom as a growing array of ...
Tuesday, 08 December 09
MEC TO SHIP 2M T INDONESIA COAL TO INDIA IN 2010 - REUTER'S INTERVIEW
The UAE's Middle East Coal plans to start operation of coal mines in Indonesia's East Kalimantan province next year with initial production of 2 m ...
Tuesday, 08 December 09
RICHARDS BAY COAL SHIPMENTS FELL 11% IN NOVEMBER FROM YEAR AGO
Coal exports from South Africa’s Richards Bay, site of the continent’s largest export terminal for the fuel, fell 11 percent in November ...
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- Alfred C Toepfer International GmbH - Germany
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- Neyveli Lignite Corporation Ltd, - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ministry of Transport, Egypt
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- Binh Thuan Hamico - Vietnam
- GAC Shipping (India) Pvt Ltd
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- Indian Oil Corporation Limited
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- Kaltim Prima Coal - Indonesia
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- Coalindo Energy - Indonesia
- Commonwealth Bank - Australia
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- European Bulk Services B.V. - Netherlands
- Australian Commodity Traders Exchange
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- San Jose City I Power Corp, Philippines
- McConnell Dowell - Australia
- Rashtriya Ispat Nigam Limited - India
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- Sakthi Sugars Limited - India
- Timah Investasi Mineral - Indoneisa
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- Mjunction Services Limited - India
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- Samtan Co., Ltd - South Korea
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- Siam City Cement PLC, Thailand
- Sical Logistics Limited - India
- Aditya Birla Group - India
- Bangladesh Power Developement Board
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- Bukit Asam (Persero) Tbk - Indonesia
- IEA Clean Coal Centre - UK
- Metalloyd Limited - United Kingdom
- Chamber of Mines of South Africa
- Chettinad Cement Corporation Ltd - India
- Australian Coal Association
- Siam City Cement - Thailand
- Bhushan Steel Limited - India
- South Luzon Thermal Energy Corporation
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- Parliament of New Zealand
- PetroVietnam Power Coal Import and Supply Company
- Pipit Mutiara Jaya. PT, Indonesia
- Mercuria Energy - Indonesia
- Parry Sugars Refinery, India
- TNB Fuel Sdn Bhd - Malaysia
- Wilmar Investment Holdings
- Banpu Public Company Limited - Thailand
- Ind-Barath Power Infra Limited - India
- Tamil Nadu electricity Board
- Agrawal Coal Company - India
- Independent Power Producers Association of India
- Barasentosa Lestari - Indonesia
- Lanco Infratech Ltd - India
- Global Business Power Corporation, Philippines
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- Indian Energy Exchange, India
- Anglo American - United Kingdom
- Power Finance Corporation Ltd., India
- Africa Commodities Group - South Africa
- Gujarat Mineral Development Corp Ltd - India
- The University of Queensland
- CNBM International Corporation - China
- Eastern Coal Council - USA
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- Sindya Power Generating Company Private Ltd
- GVK Power & Infra Limited - India
- Mintek Dendrill Indonesia
- Kumho Petrochemical, South Korea
- Goldman Sachs - Singapore
- Karaikal Port Pvt Ltd - India
- Ministry of Mines - Canada
- Jorong Barutama Greston.PT - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Indonesian Coal Mining Association
- OPG Power Generation Pvt Ltd - India
- Deloitte Consulting - India
- Ceylon Electricity Board - Sri Lanka
- SN Aboitiz Power Inc, Philippines
- Sarangani Energy Corporation, Philippines
- Port Waratah Coal Services - Australia
- Uttam Galva Steels Limited - India
- TeaM Sual Corporation - Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Energy Development Corp, Philippines
- Sree Jayajothi Cements Limited - India
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- PTC India Limited - India
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- Videocon Industries ltd - India
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- Attock Cement Pakistan Limited
- Kideco Jaya Agung - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Kapuas Tunggal Persada - Indonesia
- The Treasury - Australian Government
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- PowerSource Philippines DevCo
- Coastal Gujarat Power Limited - India
- Baramulti Group, Indonesia
- Coal and Oil Company - UAE
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- Meenaskhi Energy Private Limited - India
- Planning Commission, India
- India Bulls Power Limited - India
- Ambuja Cements Ltd - India
- Eastern Energy - Thailand
- Heidelberg Cement - Germany
- ASAPP Information Group - India
- Global Coal Blending Company Limited - Australia
- Indo Tambangraya Megah - Indonesia
- Medco Energi Mining Internasional
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- ICICI Bank Limited - India
- Karbindo Abesyapradhi - Indoneisa
- MS Steel International - UAE
- Toyota Tsusho Corporation, Japan
- Minerals Council of Australia
- Kalimantan Lumbung Energi - Indonesia
- Pendopo Energi Batubara - Indonesia
- Bharathi Cement Corporation - India
- Bukit Baiduri Energy - Indonesia
- Orica Mining Services - Indonesia
- Romanian Commodities Exchange
- Economic Council, Georgia
- SMG Consultants - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Makarim & Taira - Indonesia
- Grasim Industreis Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Xindia Steels Limited - India
- Bukit Makmur.PT - Indonesia
- Orica Australia Pty. Ltd.
- Central Electricity Authority - India
- Riau Bara Harum - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Energy Link Ltd, New Zealand
- Petron Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- White Energy Company Limited
- Bulk Trading Sa - Switzerland
- Dalmia Cement Bharat India
- Ministry of Finance - Indonesia
- Jindal Steel & Power Ltd - India
- Bayan Resources Tbk. - Indonesia
- Jaiprakash Power Ventures ltd
- Gujarat Sidhee Cement - India
- Intertek Mineral Services - Indonesia
- Sojitz Corporation - Japan
- GMR Energy Limited - India
- Mercator Lines Limited - India
- Manunggal Multi Energi - Indonesia
- PNOC Exploration Corporation - Philippines
- Larsen & Toubro Limited - India
- Trasteel International SA, Italy
- Asmin Koalindo Tuhup - Indonesia
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- Electricity Authority, New Zealand
- Antam Resourcindo - Indonesia
- Meralco Power Generation, Philippines
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- New Zealand Coal & Carbon
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- Edison Trading Spa - Italy
- Thai Mozambique Logistica
- Carbofer General Trading SA - India
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- Altura Mining Limited, Indonesia
- The State Trading Corporation of India Ltd
- International Coal Ventures Pvt Ltd - India
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