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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, 14 October 09
SA'S COAL OUTPUT LIKELY TO RISE BY 2011, BOOSTED BY WATERBERG MINES
Mining weekly reported that, South Africa's coal production will struggle to meet demand over the next few years, but coal production could likely ...
Tuesday, 13 October 09
INDONESIA'S BAYAN SEES 2010 COAL OUTPUT UP 42 PCT
Reuters reported that, Indonesian coal miner PT Bayan Resources Tbk (BYAN.JK) said on Tuesday it expects its coal output to increase by 42 percent i ...
Tuesday, 13 October 09
STRAITS ASIA UPBEAT ON MEETING 2009 COAL OUTPUT
Reuters reported that, Singapore-listed coal miner Straits Asia is still optimistic about meeting its coal output target of 9 million tonnes this ye ...
Tuesday, 13 October 09
THERMAL COAL DEMAND IN CHINA DRIVES PRICE INCREASES
Metal Miner reported that, Thermal coal prices have been falling this year; contrary to many other commodities, both metals and energy that hit bott ...
Tuesday, 13 October 09
JSW ENERGY SCOUTING FOR PARTNERS, ACQUISITIONS
Business-Standard reported that, JSW Energy is planning to become an integrated power company by bringing in a partner for its transmission business ...
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- Kartika Selabumi Mining - Indonesia
- PowerSource Philippines DevCo
- New Zealand Coal & Carbon
- Australian Coal Association
- SN Aboitiz Power Inc, Philippines
- Ministry of Mines - Canada
- Vedanta Resources Plc - India
- Holcim Trading Pte Ltd - Singapore
- Bhushan Steel Limited - India
- TeaM Sual Corporation - Philippines
- Attock Cement Pakistan Limited
- Posco Energy - South Korea
- Sakthi Sugars Limited - India
- Bharathi Cement Corporation - India
- Bukit Asam (Persero) Tbk - Indonesia
- Indian Energy Exchange, India
- Maharashtra Electricity Regulatory Commission - India
- Merrill Lynch Commodities Europe
- Kumho Petrochemical, South Korea
- Ambuja Cements Ltd - India
- IEA Clean Coal Centre - UK
- Power Finance Corporation Ltd., India
- Baramulti Group, Indonesia
- Global Green Power PLC Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Sree Jayajothi Cements Limited - India
- Videocon Industries ltd - India
- Miang Besar Coal Terminal - Indonesia
- Lanco Infratech Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Karaikal Port Pvt Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ministry of Finance - Indonesia
- European Bulk Services B.V. - Netherlands
- The University of Queensland
- The Treasury - Australian Government
- Latin American Coal - Colombia
- Bhatia International Limited - India
- Bayan Resources Tbk. - Indonesia
- Indogreen Group - Indonesia
- Trasteel International SA, Italy
- Wilmar Investment Holdings
- ICICI Bank Limited - India
- Leighton Contractors Pty Ltd - Australia
- Billiton Holdings Pty Ltd - Australia
- GMR Energy Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Energy Development Corp, Philippines
- LBH Netherlands Bv - Netherlands
- SMG Consultants - Indonesia
- Sojitz Corporation - Japan
- Planning Commission, India
- Parry Sugars Refinery, India
- Commonwealth Bank - Australia
- Directorate General of MIneral and Coal - Indonesia
- Bukit Makmur.PT - Indonesia
- Borneo Indobara - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- The State Trading Corporation of India Ltd
- Simpson Spence & Young - Indonesia
- Larsen & Toubro Limited - India
- Siam City Cement - Thailand
- Global Business Power Corporation, Philippines
- Malabar Cements Ltd - India
- London Commodity Brokers - England
- Kalimantan Lumbung Energi - Indonesia
- Straits Asia Resources Limited - Singapore
- Rashtriya Ispat Nigam Limited - India
- Krishnapatnam Port Company Ltd. - India
- Eastern Coal Council - USA
- Central Java Power - Indonesia
- Gujarat Sidhee Cement - India
- Wood Mackenzie - Singapore
- Barasentosa Lestari - Indonesia
- Indian Oil Corporation Limited
- Timah Investasi Mineral - Indoneisa
- Aboitiz Power Corporation - Philippines
- Gujarat Electricity Regulatory Commission - India
- Maheswari Brothers Coal Limited - India
- GAC Shipping (India) Pvt Ltd
- Essar Steel Hazira Ltd - India
- Thai Mozambique Logistica
- Romanian Commodities Exchange
- Electricity Generating Authority of Thailand
- Global Coal Blending Company Limited - Australia
- CIMB Investment Bank - Malaysia
- Sical Logistics Limited - India
- Bangladesh Power Developement Board
- Thiess Contractors Indonesia
- Orica Mining Services - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coal and Oil Company - UAE
- Standard Chartered Bank - UAE
- Energy Link Ltd, New Zealand
- Rio Tinto Coal - Australia
- Sinarmas Energy and Mining - Indonesia
- Goldman Sachs - Singapore
- Dalmia Cement Bharat India
- Kepco SPC Power Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- PTC India Limited - India
- Tamil Nadu electricity Board
- Ind-Barath Power Infra Limited - India
- Intertek Mineral Services - Indonesia
- Mercator Lines Limited - India
- Samtan Co., Ltd - South Korea
- Vizag Seaport Private Limited - India
- Ministry of Transport, Egypt
- Interocean Group of Companies - India
- Jaiprakash Power Ventures ltd
- Alfred C Toepfer International GmbH - Germany
- Sarangani Energy Corporation, Philippines
- VISA Power Limited - India
- Cement Manufacturers Association - India
- Metalloyd Limited - United Kingdom
- Australian Commodity Traders Exchange
- Banpu Public Company Limited - Thailand
- Chamber of Mines of South Africa
- Manunggal Multi Energi - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Petron Corporation, Philippines
- Electricity Authority, New Zealand
- Ceylon Electricity Board - Sri Lanka
- McConnell Dowell - Australia
- Independent Power Producers Association of India
- India Bulls Power Limited - India
- Iligan Light & Power Inc, Philippines
- Sindya Power Generating Company Private Ltd
- AsiaOL BioFuels Corp., Philippines
- Singapore Mercantile Exchange
- Marubeni Corporation - India
- Kohat Cement Company Ltd. - Pakistan
- Uttam Galva Steels Limited - India
- Economic Council, Georgia
- Chettinad Cement Corporation Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Heidelberg Cement - Germany
- Karbindo Abesyapradhi - Indoneisa
- Carbofer General Trading SA - India
- Coalindo Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Jindal Steel & Power Ltd - India
- OPG Power Generation Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Coastal Gujarat Power Limited - India
- Medco Energi Mining Internasional
- Bhoruka Overseas - Indonesia
- San Jose City I Power Corp, Philippines
- MS Steel International - UAE
- TNB Fuel Sdn Bhd - Malaysia
- Grasim Industreis Ltd - India
- Salva Resources Pvt Ltd - India
- Anglo American - United Kingdom
- CNBM International Corporation - China
- Kaltim Prima Coal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Africa Commodities Group - South Africa
- PNOC Exploration Corporation - Philippines
- Mercuria Energy - Indonesia
- Indika Energy - Indonesia
- Star Paper Mills Limited - India
- Savvy Resources Ltd - HongKong
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Antam Resourcindo - Indonesia
- Binh Thuan Hamico - Vietnam
- Price Waterhouse Coopers - Russia
- Therma Luzon, Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Georgia Ports Authority, United States
- Tata Chemicals Ltd - India
- Xindia Steels Limited - India
- Eastern Energy - Thailand
- Port Waratah Coal Services - Australia
- Bulk Trading Sa - Switzerland
- Pendopo Energi Batubara - Indonesia
- Globalindo Alam Lestari - Indonesia
- Semirara Mining Corp, Philippines
- Kideco Jaya Agung - Indonesia
- Mintek Dendrill Indonesia
- Deloitte Consulting - India
- Semirara Mining and Power Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Meralco Power Generation, Philippines
- Directorate Of Revenue Intelligence - India
- Madhucon Powers Ltd - India
- Oldendorff Carriers - Singapore
- Mjunction Services Limited - India
- Agrawal Coal Company - India
- Altura Mining Limited, Indonesia
- Riau Bara Harum - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Edison Trading Spa - Italy
- Toyota Tsusho Corporation, Japan
- Orica Australia Pty. Ltd.
- SMC Global Power, Philippines
- Minerals Council of Australia
- Jorong Barutama Greston.PT - Indonesia
- ASAPP Information Group - India
- Kobexindo Tractors - Indoneisa
- Makarim & Taira - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Siam City Cement PLC, Thailand
- White Energy Company Limited
- Indonesian Coal Mining Association
- Central Electricity Authority - India
- Parliament of New Zealand
- Renaissance Capital - South Africa
- Indo Tambangraya Megah - Indonesia
- Aditya Birla Group - India
- GVK Power & Infra Limited - India
- Formosa Plastics Group - Taiwan
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