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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, 04 December 09
JSW ENERGY TO BUY OUT PARENT FIRM'S COAL BLOCK
JSW Energy plans to buy the stake held by JSW Steel in a thermal coal block in Mozambique in an attempt to become an integrated energy company with ...
Thursday, 03 December 09
JAPAN 2010 COAL IMPORTS SEEN FLAT, INDIA'S ROBUST - INDUSTRY
* Japan's demand seen steady in 2010 at 110 mln tonnes
* India's demand seen as robust, at 70 mln tonnes
Reuters reported that, Thermal coal i ...
Thursday, 03 December 09
INDONESIA MAY ALLOW COAL SALES BELOW GOVT PRICE
Reuters reported that, Indonesia is considering giving producers some flexibility to sell coal below the government's monthly benchmark price to co ...
Thursday, 03 December 09
INDONESIA SEEKS TO INCREASE COAL SHIPMENTS TO INDIA, CHINA
Bloomberg reproted that, Indonesia, Asia’s biggest coal exporter, seeks to increase shipments to India and China as the economies improve and ...
Thursday, 03 December 09
COAL INDIA IPO LIKELY TO HIT MARKETS BY NOVEMBER 2010
Soon investors will get to own a slice of India's largest coal mining company. Coal India its initial public offering will hit markets in November ...
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- Larsen & Toubro Limited - India
- Independent Power Producers Association of India
- Vizag Seaport Private Limited - India
- OPG Power Generation Pvt Ltd - India
- Anglo American - United Kingdom
- Commonwealth Bank - Australia
- Orica Mining Services - Indonesia
- Karaikal Port Pvt Ltd - India
- Thiess Contractors Indonesia
- Formosa Plastics Group - Taiwan
- Timah Investasi Mineral - Indoneisa
- Semirara Mining and Power Corporation, Philippines
- Sakthi Sugars Limited - India
- Bhatia International Limited - India
- Power Finance Corporation Ltd., India
- Gujarat Mineral Development Corp Ltd - India
- IHS Mccloskey Coal Group - USA
- GMR Energy Limited - India
- Parliament of New Zealand
- South Luzon Thermal Energy Corporation
- Aditya Birla Group - India
- TNB Fuel Sdn Bhd - Malaysia
- Mjunction Services Limited - India
- Carbofer General Trading SA - India
- Petrochimia International Co. Ltd.- Taiwan
- Ministry of Mines - Canada
- AsiaOL BioFuels Corp., Philippines
- Coalindo Energy - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Ambuja Cements Ltd - India
- Eastern Coal Council - USA
- India Bulls Power Limited - India
- Indogreen Group - Indonesia
- Minerals Council of Australia
- Neyveli Lignite Corporation Ltd, - India
- Bayan Resources Tbk. - Indonesia
- The Treasury - Australian Government
- Trasteel International SA, Italy
- Globalindo Alam Lestari - Indonesia
- Interocean Group of Companies - India
- PNOC Exploration Corporation - Philippines
- Posco Energy - South Korea
- Attock Cement Pakistan Limited
- Australian Coal Association
- Oldendorff Carriers - Singapore
- Sarangani Energy Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Goldman Sachs - Singapore
- Bhushan Steel Limited - India
- Sree Jayajothi Cements Limited - India
- Mintek Dendrill Indonesia
- Latin American Coal - Colombia
- Altura Mining Limited, Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Deloitte Consulting - India
- Banpu Public Company Limited - Thailand
- GAC Shipping (India) Pvt Ltd
- White Energy Company Limited
- Kartika Selabumi Mining - Indonesia
- Bhoruka Overseas - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PowerSource Philippines DevCo
- Antam Resourcindo - Indonesia
- Borneo Indobara - Indonesia
- Jindal Steel & Power Ltd - India
- Intertek Mineral Services - Indonesia
- Economic Council, Georgia
- Gujarat Sidhee Cement - India
- Chamber of Mines of South Africa
- Kumho Petrochemical, South Korea
- Energy Development Corp, Philippines
- Edison Trading Spa - Italy
- Grasim Industreis Ltd - India
- Planning Commission, India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Meralco Power Generation, Philippines
- Manunggal Multi Energi - Indonesia
- Indika Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- Petron Corporation, Philippines
- Thai Mozambique Logistica
- Bangladesh Power Developement Board
- Makarim & Taira - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- The State Trading Corporation of India Ltd
- Australian Commodity Traders Exchange
- Metalloyd Limited - United Kingdom
- McConnell Dowell - Australia
- The University of Queensland
- Miang Besar Coal Terminal - Indonesia
- Cement Manufacturers Association - India
- Jorong Barutama Greston.PT - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Maheswari Brothers Coal Limited - India
- Kepco SPC Power Corporation, Philippines
- Baramulti Group, Indonesia
- Sical Logistics Limited - India
- Sinarmas Energy and Mining - Indonesia
- Videocon Industries ltd - India
- Siam City Cement - Thailand
- Ind-Barath Power Infra Limited - India
- Holcim Trading Pte Ltd - Singapore
- Global Coal Blending Company Limited - Australia
- Savvy Resources Ltd - HongKong
- Iligan Light & Power Inc, Philippines
- Coal and Oil Company - UAE
- Romanian Commodities Exchange
- Bahari Cakrawala Sebuku - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Dalmia Cement Bharat India
- Lanco Infratech Ltd - India
- Orica Australia Pty. Ltd.
- Directorate Of Revenue Intelligence - India
- Price Waterhouse Coopers - Russia
- LBH Netherlands Bv - Netherlands
- Merrill Lynch Commodities Europe
- Eastern Energy - Thailand
- Wood Mackenzie - Singapore
- Billiton Holdings Pty Ltd - Australia
- Xindia Steels Limited - India
- Rashtriya Ispat Nigam Limited - India
- Vedanta Resources Plc - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- ASAPP Information Group - India
- Bukit Makmur.PT - Indonesia
- Semirara Mining Corp, Philippines
- Chettinad Cement Corporation Ltd - India
- Straits Asia Resources Limited - Singapore
- Cigading International Bulk Terminal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Riau Bara Harum - Indonesia
- Malabar Cements Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Tata Chemicals Ltd - India
- Therma Luzon, Inc, Philippines
- Agrawal Coal Company - India
- Port Waratah Coal Services - Australia
- SN Aboitiz Power Inc, Philippines
- Central Java Power - Indonesia
- Electricity Generating Authority of Thailand
- Pendopo Energi Batubara - Indonesia
- Global Business Power Corporation, Philippines
- Rio Tinto Coal - Australia
- Global Green Power PLC Corporation, Philippines
- Star Paper Mills Limited - India
- London Commodity Brokers - England
- Georgia Ports Authority, United States
- CNBM International Corporation - China
- Energy Link Ltd, New Zealand
- Leighton Contractors Pty Ltd - Australia
- Medco Energi Mining Internasional
- Central Electricity Authority - India
- Bharathi Cement Corporation - India
- Bulk Trading Sa - Switzerland
- Kobexindo Tractors - Indoneisa
- VISA Power Limited - India
- Jaiprakash Power Ventures ltd
- Toyota Tsusho Corporation, Japan
- Meenaskhi Energy Private Limited - India
- Indian Oil Corporation Limited
- Samtan Co., Ltd - South Korea
- Bukit Asam (Persero) Tbk - Indonesia
- Indian Energy Exchange, India
- Pipit Mutiara Jaya. PT, Indonesia
- Kaltim Prima Coal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Wilmar Investment Holdings
- Indonesian Coal Mining Association
- SMC Global Power, Philippines
- Mercator Lines Limited - India
- Bukit Baiduri Energy - Indonesia
- Mercuria Energy - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Tamil Nadu electricity Board
- Uttam Galva Steels Limited - India
- Aboitiz Power Corporation - Philippines
- GN Power Mariveles Coal Plant, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Renaissance Capital - South Africa
- Barasentosa Lestari - Indonesia
- San Jose City I Power Corp, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Coastal Gujarat Power Limited - India
- PetroVietnam Power Coal Import and Supply Company
- ICICI Bank Limited - India
- PTC India Limited - India
- Alfred C Toepfer International GmbH - Germany
- Singapore Mercantile Exchange
- MS Steel International - UAE
- Parry Sugars Refinery, India
- Binh Thuan Hamico - Vietnam
- Heidelberg Cement - Germany
- IEA Clean Coal Centre - UK
- Ceylon Electricity Board - Sri Lanka
- Salva Resources Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Kideco Jaya Agung - Indonesia
- Standard Chartered Bank - UAE
- New Zealand Coal & Carbon
- Karbindo Abesyapradhi - Indoneisa
- Ministry of Finance - Indonesia
- Marubeni Corporation - India
- International Coal Ventures Pvt Ltd - India
- SMG Consultants - Indonesia
- Electricity Authority, New Zealand
- Indo Tambangraya Megah - Indonesia
- Madhucon Powers Ltd - India
- Sojitz Corporation - Japan
- GVK Power & Infra Limited - India
- Gujarat Electricity Regulatory Commission - India
- Ministry of Transport, Egypt
- European Bulk Services B.V. - Netherlands
- TeaM Sual Corporation - Philippines
- Siam City Cement PLC, Thailand
- Africa Commodities Group - South Africa
- Essar Steel Hazira Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
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