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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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Thursday, 08 October 09
MINING TO ATTRACT $6B: BKPM
The Jakarta Post reported that, Indonesia’s mining sector could expect investment of up to US$6 billion in the 2010-2012 period, in part becau ...
Thursday, 08 October 09
INDIA DEMAND TO HELP DIRE COAL OUTLOOK - MACQUARIE
Reuters reported that, Macquarie Securities said on Wednesday its bearish short-term outlook on thermal coal may begin improving in a year's time o ...
Thursday, 08 October 09
ESSAR UNIT WINS INR 479 CR (US$ 103,272,401) ORISSA PROJECT
The firm will develop and operate the terminal at Paradip port; the contract will stretch up to 30 years
Live Mint reported that, Essar Shipping ...
Wednesday, 07 October 09
ESSAR, JINDAL IN TAKEOVER TUSSLE FOR AUSTRALIAN COAL MINER
Reuters reported that, Privately owned Essar Group has launched a surprise A$144.2 million ($128.1 million) bid for Australian coal minnow Rocklands ...
Wednesday, 07 October 09
ADARO SECURES $500 M LOAN
The Jakarta Post reported that, The country's second largest coal producer, PT Adaro Energy announced on Wednesday that it has secured US$500 milli ...
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- Kalimantan Lumbung Energi - Indonesia
- Star Paper Mills Limited - India
- Bukit Baiduri Energy - Indonesia
- Renaissance Capital - South Africa
- Gujarat Mineral Development Corp Ltd - India
- New Zealand Coal & Carbon
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Therma Luzon, Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Bangladesh Power Developement Board
- Ministry of Mines - Canada
- Sindya Power Generating Company Private Ltd
- Jaiprakash Power Ventures ltd
- The University of Queensland
- Wilmar Investment Holdings
- Essar Steel Hazira Ltd - India
- Independent Power Producers Association of India
- Energy Link Ltd, New Zealand
- PetroVietnam Power Coal Import and Supply Company
- Mjunction Services Limited - India
- Metalloyd Limited - United Kingdom
- Kideco Jaya Agung - Indonesia
- ASAPP Information Group - India
- Barasentosa Lestari - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- CNBM International Corporation - China
- Romanian Commodities Exchange
- Intertek Mineral Services - Indonesia
- Orica Australia Pty. Ltd.
- Kartika Selabumi Mining - Indonesia
- Kumho Petrochemical, South Korea
- IHS Mccloskey Coal Group - USA
- TNB Fuel Sdn Bhd - Malaysia
- India Bulls Power Limited - India
- Standard Chartered Bank - UAE
- Cigading International Bulk Terminal - Indonesia
- Central Electricity Authority - India
- Africa Commodities Group - South Africa
- Videocon Industries ltd - India
- Antam Resourcindo - Indonesia
- Planning Commission, India
- Singapore Mercantile Exchange
- Borneo Indobara - Indonesia
- Mintek Dendrill Indonesia
- Manunggal Multi Energi - Indonesia
- Bayan Resources Tbk. - Indonesia
- Commonwealth Bank - Australia
- The Treasury - Australian Government
- Savvy Resources Ltd - HongKong
- Ministry of Finance - Indonesia
- Madhucon Powers Ltd - India
- Power Finance Corporation Ltd., India
- Globalindo Alam Lestari - Indonesia
- Binh Thuan Hamico - Vietnam
- MS Steel International - UAE
- Electricity Authority, New Zealand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Simpson Spence & Young - Indonesia
- International Coal Ventures Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- PowerSource Philippines DevCo
- SMG Consultants - Indonesia
- ICICI Bank Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ceylon Electricity Board - Sri Lanka
- Semirara Mining and Power Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- LBH Netherlands Bv - Netherlands
- Chettinad Cement Corporation Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Ind-Barath Power Infra Limited - India
- PNOC Exploration Corporation - Philippines
- The State Trading Corporation of India Ltd
- Pendopo Energi Batubara - Indonesia
- Bhoruka Overseas - Indonesia
- Mercator Lines Limited - India
- Meralco Power Generation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Billiton Holdings Pty Ltd - Australia
- Toyota Tsusho Corporation, Japan
- Kepco SPC Power Corporation, Philippines
- Thai Mozambique Logistica
- Bulk Trading Sa - Switzerland
- Sarangani Energy Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Marubeni Corporation - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Thiess Contractors Indonesia
- Sical Logistics Limited - India
- Lanco Infratech Ltd - India
- Bhushan Steel Limited - India
- Kobexindo Tractors - Indoneisa
- Vedanta Resources Plc - India
- Georgia Ports Authority, United States
- Wood Mackenzie - Singapore
- Maheswari Brothers Coal Limited - India
- Tata Chemicals Ltd - India
- Indian Oil Corporation Limited
- Grasim Industreis Ltd - India
- Xindia Steels Limited - India
- McConnell Dowell - Australia
- Minerals Council of Australia
- Tamil Nadu electricity Board
- TeaM Sual Corporation - Philippines
- Ministry of Transport, Egypt
- Kapuas Tunggal Persada - Indonesia
- Bhatia International Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Formosa Plastics Group - Taiwan
- Ambuja Cements Ltd - India
- Eastern Energy - Thailand
- Central Java Power - Indonesia
- Karaikal Port Pvt Ltd - India
- Petron Corporation, Philippines
- SMC Global Power, Philippines
- Directorate Of Revenue Intelligence - India
- Parliament of New Zealand
- IEA Clean Coal Centre - UK
- Dalmia Cement Bharat India
- Indian Energy Exchange, India
- Leighton Contractors Pty Ltd - Australia
- Makarim & Taira - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Medco Energi Mining Internasional
- Malabar Cements Ltd - India
- Coastal Gujarat Power Limited - India
- Cement Manufacturers Association - India
- Straits Asia Resources Limited - Singapore
- Price Waterhouse Coopers - Russia
- Indonesian Coal Mining Association
- Vizag Seaport Private Limited - India
- Samtan Co., Ltd - South Korea
- Orica Mining Services - Indonesia
- San Jose City I Power Corp, Philippines
- Agrawal Coal Company - India
- Bharathi Cement Corporation - India
- Sojitz Corporation - Japan
- Jorong Barutama Greston.PT - Indonesia
- Australian Commodity Traders Exchange
- Anglo American - United Kingdom
- Global Green Power PLC Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- GAC Shipping (India) Pvt Ltd
- Directorate General of MIneral and Coal - Indonesia
- Rio Tinto Coal - Australia
- Krishnapatnam Port Company Ltd. - India
- Salva Resources Pvt Ltd - India
- Interocean Group of Companies - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Larsen & Toubro Limited - India
- Meenaskhi Energy Private Limited - India
- Global Coal Blending Company Limited - Australia
- White Energy Company Limited
- Iligan Light & Power Inc, Philippines
- Jindal Steel & Power Ltd - India
- Coal and Oil Company - UAE
- Attock Cement Pakistan Limited
- Port Waratah Coal Services - Australia
- Carbofer General Trading SA - India
- GN Power Mariveles Coal Plant, Philippines
- Electricity Generating Authority of Thailand
- Indo Tambangraya Megah - Indonesia
- GMR Energy Limited - India
- Energy Development Corp, Philippines
- Indogreen Group - Indonesia
- Semirara Mining Corp, Philippines
- London Commodity Brokers - England
- PTC India Limited - India
- Latin American Coal - Colombia
- Aditya Birla Group - India
- Edison Trading Spa - Italy
- Banpu Public Company Limited - Thailand
- Alfred C Toepfer International GmbH - Germany
- Sree Jayajothi Cements Limited - India
- Economic Council, Georgia
- Posco Energy - South Korea
- Miang Besar Coal Terminal - Indonesia
- Parry Sugars Refinery, India
- Vijayanagar Sugar Pvt Ltd - India
- GVK Power & Infra Limited - India
- VISA Power Limited - India
- Altura Mining Limited, Indonesia
- Coalindo Energy - Indonesia
- Eastern Coal Council - USA
- Timah Investasi Mineral - Indoneisa
- Siam City Cement - Thailand
- Oldendorff Carriers - Singapore
- Chamber of Mines of South Africa
- Holcim Trading Pte Ltd - Singapore
- Kaltim Prima Coal - Indonesia
- Australian Coal Association
- Uttam Galva Steels Limited - India
- CIMB Investment Bank - Malaysia
- Bukit Asam (Persero) Tbk - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Siam City Cement PLC, Thailand
- Trasteel International SA, Italy
- Deloitte Consulting - India
- Riau Bara Harum - Indonesia
- Sakthi Sugars Limited - India
- Merrill Lynch Commodities Europe
- Global Business Power Corporation, Philippines
- Heidelberg Cement - Germany
- Indika Energy - Indonesia
- Gujarat Sidhee Cement - India
- SN Aboitiz Power Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Goldman Sachs - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Sinarmas Energy and Mining - Indonesia
- Baramulti Group, Indonesia
- European Bulk Services B.V. - Netherlands
- Mercuria Energy - Indonesia
- Aboitiz Power Corporation - Philippines
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