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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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Monday, 30 November 09
INDIA UTILITIES MOVE TO COAL INDEX - PRICING
Indian state utilities are leading a switch to coal index-linked pricing from fixed prices to secure imports and to be visibly paying fair market pr ...
Monday, 30 November 09
RECAPITAL TO ACQUIRE BERAU COAL
Unlisted Indonesian coal producer Berau will redeem outstanding bonds before the acquisition by Recapital Advisers is completed by the end of this y ...
Friday, 27 November 09
IMPORTING LIGNITE INTO COAL RICH KOSOVO
Balkan Insight has discovered that one of Kosovo’s biggest firms is being forced to import lignite from Malaysia and Indonesia, despite estima ...
Friday, 27 November 09
SOUTH AFRICA STILL TOPS IN COAL EXPORT RANKINGS
Mining Weekly reported that, Despite significant coal-mining capacity recently discovered in the Southern African region, according to senior coal a ...
Friday, 27 November 09
BHP SEEKS VARIABLE COKING COAL PRICE IN JAPAN, NIKKEI SAYS
Bloomberg reproted that, BHP Billiton Ltd. has asked Japanese steelmakers to move to pricing of coking coal linked to spot rates rather than negotia ...
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- Power Finance Corporation Ltd., India
- Videocon Industries ltd - India
- CIMB Investment Bank - Malaysia
- Mjunction Services Limited - India
- Energy Link Ltd, New Zealand
- Agrawal Coal Company - India
- Bulk Trading Sa - Switzerland
- Eastern Energy - Thailand
- Global Green Power PLC Corporation, Philippines
- Antam Resourcindo - Indonesia
- SMG Consultants - Indonesia
- Planning Commission, India
- Carbofer General Trading SA - India
- Altura Mining Limited, Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Thiess Contractors Indonesia
- Alfred C Toepfer International GmbH - Germany
- Star Paper Mills Limited - India
- Posco Energy - South Korea
- Kalimantan Lumbung Energi - Indonesia
- VISA Power Limited - India
- Therma Luzon, Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- Electricity Generating Authority of Thailand
- Medco Energi Mining Internasional
- Indogreen Group - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Anglo American - United Kingdom
- Siam City Cement PLC, Thailand
- Holcim Trading Pte Ltd - Singapore
- Sojitz Corporation - Japan
- Billiton Holdings Pty Ltd - Australia
- Electricity Authority, New Zealand
- Petron Corporation, Philippines
- Global Business Power Corporation, Philippines
- Minerals Council of Australia
- Indika Energy - Indonesia
- Orica Mining Services - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Trasteel International SA, Italy
- IEA Clean Coal Centre - UK
- Straits Asia Resources Limited - Singapore
- Directorate Of Revenue Intelligence - India
- Australian Coal Association
- SN Aboitiz Power Inc, Philippines
- Semirara Mining Corp, Philippines
- Bhoruka Overseas - Indonesia
- Renaissance Capital - South Africa
- Karaikal Port Pvt Ltd - India
- Commonwealth Bank - Australia
- The University of Queensland
- Madhucon Powers Ltd - India
- Globalindo Alam Lestari - Indonesia
- Metalloyd Limited - United Kingdom
- Parliament of New Zealand
- Tata Chemicals Ltd - India
- Siam City Cement - Thailand
- Manunggal Multi Energi - Indonesia
- Pendopo Energi Batubara - Indonesia
- Jaiprakash Power Ventures ltd
- Rashtriya Ispat Nigam Limited - India
- Australian Commodity Traders Exchange
- Ministry of Finance - Indonesia
- Toyota Tsusho Corporation, Japan
- Economic Council, Georgia
- Sarangani Energy Corporation, Philippines
- Lanco Infratech Ltd - India
- London Commodity Brokers - England
- Cement Manufacturers Association - India
- Karbindo Abesyapradhi - Indoneisa
- Maheswari Brothers Coal Limited - India
- Ind-Barath Power Infra Limited - India
- Goldman Sachs - Singapore
- PNOC Exploration Corporation - Philippines
- Coal and Oil Company - UAE
- PowerSource Philippines DevCo
- Heidelberg Cement - Germany
- Wilmar Investment Holdings
- GMR Energy Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Semirara Mining and Power Corporation, Philippines
- Energy Development Corp, Philippines
- McConnell Dowell - Australia
- Latin American Coal - Colombia
- Vizag Seaport Private Limited - India
- Meenaskhi Energy Private Limited - India
- Krishnapatnam Port Company Ltd. - India
- Indo Tambangraya Megah - Indonesia
- Chamber of Mines of South Africa
- New Zealand Coal & Carbon
- LBH Netherlands Bv - Netherlands
- AsiaOL BioFuels Corp., Philippines
- Edison Trading Spa - Italy
- Malabar Cements Ltd - India
- GVK Power & Infra Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Grasim Industreis Ltd - India
- Banpu Public Company Limited - Thailand
- Ceylon Electricity Board - Sri Lanka
- Xindia Steels Limited - India
- Essar Steel Hazira Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Bahari Cakrawala Sebuku - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Merrill Lynch Commodities Europe
- Marubeni Corporation - India
- Makarim & Taira - Indonesia
- Salva Resources Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Orica Australia Pty. Ltd.
- Georgia Ports Authority, United States
- Aboitiz Power Corporation - Philippines
- Interocean Group of Companies - India
- Wood Mackenzie - Singapore
- Leighton Contractors Pty Ltd - Australia
- Romanian Commodities Exchange
- Independent Power Producers Association of India
- The State Trading Corporation of India Ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Cigading International Bulk Terminal - Indonesia
- Indian Energy Exchange, India
- Singapore Mercantile Exchange
- Deloitte Consulting - India
- Vijayanagar Sugar Pvt Ltd - India
- Aditya Birla Group - India
- IHS Mccloskey Coal Group - USA
- Kumho Petrochemical, South Korea
- Price Waterhouse Coopers - Russia
- Chettinad Cement Corporation Ltd - India
- Baramulti Group, Indonesia
- Neyveli Lignite Corporation Ltd, - India
- OPG Power Generation Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Timah Investasi Mineral - Indoneisa
- Parry Sugars Refinery, India
- Kapuas Tunggal Persada - Indonesia
- Vedanta Resources Plc - India
- Bhushan Steel Limited - India
- Rio Tinto Coal - Australia
- Kobexindo Tractors - Indoneisa
- Coastal Gujarat Power Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ministry of Transport, Egypt
- Kideco Jaya Agung - Indonesia
- Gujarat Sidhee Cement - India
- Borneo Indobara - Indonesia
- International Coal Ventures Pvt Ltd - India
- CNBM International Corporation - China
- Coalindo Energy - Indonesia
- Bukit Baiduri Energy - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Attock Cement Pakistan Limited
- Bukit Makmur.PT - Indonesia
- Standard Chartered Bank - UAE
- Offshore Bulk Terminal Pte Ltd, Singapore
- White Energy Company Limited
- Port Waratah Coal Services - Australia
- Sree Jayajothi Cements Limited - India
- Mintek Dendrill Indonesia
- Uttam Galva Steels Limited - India
- San Jose City I Power Corp, Philippines
- Africa Commodities Group - South Africa
- Intertek Mineral Services - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ambuja Cements Ltd - India
- Savvy Resources Ltd - HongKong
- PTC India Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Mercuria Energy - Indonesia
- Iligan Light & Power Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- ICICI Bank Limited - India
- Jindal Steel & Power Ltd - India
- Ministry of Mines - Canada
- Central Java Power - Indonesia
- Kepco SPC Power Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Mercator Lines Limited - India
- The Treasury - Australian Government
- Barasentosa Lestari - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Bhatia International Limited - India
- Bayan Resources Tbk. - Indonesia
- European Bulk Services B.V. - Netherlands
- Indonesian Coal Mining Association
- Tamil Nadu electricity Board
- Global Coal Blending Company Limited - Australia
- Eastern Coal Council - USA
- Riau Bara Harum - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Thai Mozambique Logistica
- Larsen & Toubro Limited - India
- Dalmia Cement Bharat India
- Gujarat Electricity Regulatory Commission - India
- MS Steel International - UAE
- Central Electricity Authority - India
- SMC Global Power, Philippines
- Sakthi Sugars Limited - India
- Bangladesh Power Developement Board
- Petrochimia International Co. Ltd.- Taiwan
- TeaM Sual Corporation - Philippines
- Samtan Co., Ltd - South Korea
- Kartika Selabumi Mining - Indonesia
- India Bulls Power Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- ASAPP Information Group - India
- Sical Logistics Limited - India
- Sindya Power Generating Company Private Ltd
- Maharashtra Electricity Regulatory Commission - India
- Kaltim Prima Coal - Indonesia
- Simpson Spence & Young - Indonesia
- Meralco Power Generation, Philippines
- South Luzon Thermal Energy Corporation
- Bharathi Cement Corporation - India
- Miang Besar Coal Terminal - Indonesia
- Indian Oil Corporation Limited
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