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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, 07 October 09
WORLD'S LEADING COAL-BASED PP PROJECT TO BEGIN TRIAL PRODUCTION NEXT YEAR IN NW CHINA
Xinhua Net reported that, a coal-based polypropylene (PP) production project in northwest China, believed to be the world's largest one, is to ...
Wednesday, 07 October 09
INDIA SAIL TO IMPORT 10-11 MLN T COAL IN FY10 - EXEC
Reuters reported that, Steel Authority of India Ltd plans to import 10-11 million tonnes of coal in the current year to March, below last year's 13 ...
Wednesday, 07 October 09
DOMESTIC SHIPPING FIRMS READY FOR NEW RULES ON COAL, INDUSTRY GROUP SAYS
The Jakarta Globe reported that, The domestic coal-shipping sector is ready for the introduction of shipping regulations requiring all power station ...
Wednesday, 07 October 09
CHINESE BANK MAY PULL OUT OF SUMATRA COAL RAILWAY
The Jakarta Globe reported that, The Export-Import Bank of China may pull out of a $1.28 billion South Sumatra coal-railway project with state-owned ...
Wednesday, 07 October 09
COAL INDIA LOOKS AT LONG-TERM PRICE CONTRACTS
Economic Times reported that, Coal India is looking at long-term price contracts, of at least three-four year periods, with foreign entities, 54 of ...
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- Rio Tinto Coal - Australia
- Salva Resources Pvt Ltd - India
- Meralco Power Generation, Philippines
- Attock Cement Pakistan Limited
- Minerals Council of Australia
- Thai Mozambique Logistica
- Kohat Cement Company Ltd. - Pakistan
- Metalloyd Limited - United Kingdom
- Banpu Public Company Limited - Thailand
- IHS Mccloskey Coal Group - USA
- Krishnapatnam Port Company Ltd. - India
- Grasim Industreis Ltd - India
- Orica Australia Pty. Ltd.
- Savvy Resources Ltd - HongKong
- GMR Energy Limited - India
- Jindal Steel & Power Ltd - India
- Mercuria Energy - Indonesia
- London Commodity Brokers - England
- Medco Energi Mining Internasional
- Larsen & Toubro Limited - India
- Simpson Spence & Young - Indonesia
- Africa Commodities Group - South Africa
- Toyota Tsusho Corporation, Japan
- Global Green Power PLC Corporation, Philippines
- The State Trading Corporation of India Ltd
- Coalindo Energy - Indonesia
- Essar Steel Hazira Ltd - India
- Malabar Cements Ltd - India
- Sakthi Sugars Limited - India
- Iligan Light & Power Inc, Philippines
- SN Aboitiz Power Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Oldendorff Carriers - Singapore
- Central Java Power - Indonesia
- Intertek Mineral Services - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Global Coal Blending Company Limited - Australia
- Cement Manufacturers Association - India
- Rashtriya Ispat Nigam Limited - India
- Posco Energy - South Korea
- PNOC Exploration Corporation - Philippines
- The University of Queensland
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Barasentosa Lestari - Indonesia
- Pendopo Energi Batubara - Indonesia
- Sree Jayajothi Cements Limited - India
- Electricity Authority, New Zealand
- San Jose City I Power Corp, Philippines
- New Zealand Coal & Carbon
- Trasteel International SA, Italy
- Indian Oil Corporation Limited
- Alfred C Toepfer International GmbH - Germany
- Petron Corporation, Philippines
- Bhatia International Limited - India
- Manunggal Multi Energi - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Kideco Jaya Agung - Indonesia
- Deloitte Consulting - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Indonesian Coal Mining Association
- Vizag Seaport Private Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Star Paper Mills Limited - India
- OPG Power Generation Pvt Ltd - India
- Lanco Infratech Ltd - India
- Kepco SPC Power Corporation, Philippines
- Agrawal Coal Company - India
- Therma Luzon, Inc, Philippines
- TeaM Sual Corporation - Philippines
- Kaltim Prima Coal - Indonesia
- McConnell Dowell - Australia
- Chettinad Cement Corporation Ltd - India
- ASAPP Information Group - India
- Miang Besar Coal Terminal - Indonesia
- Madhucon Powers Ltd - India
- MS Steel International - UAE
- Edison Trading Spa - Italy
- LBH Netherlands Bv - Netherlands
- Antam Resourcindo - Indonesia
- Indogreen Group - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ambuja Cements Ltd - India
- Sindya Power Generating Company Private Ltd
- Ministry of Mines - Canada
- Cigading International Bulk Terminal - Indonesia
- Bharathi Cement Corporation - India
- PowerSource Philippines DevCo
- Anglo American - United Kingdom
- Chamber of Mines of South Africa
- Economic Council, Georgia
- Thiess Contractors Indonesia
- Directorate Of Revenue Intelligence - India
- Heidelberg Cement - Germany
- Bukit Makmur.PT - Indonesia
- International Coal Ventures Pvt Ltd - India
- PTC India Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Price Waterhouse Coopers - Russia
- Indian Energy Exchange, India
- Petrochimia International Co. Ltd.- Taiwan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ministry of Transport, Egypt
- Ministry of Finance - Indonesia
- India Bulls Power Limited - India
- Siam City Cement - Thailand
- Mjunction Services Limited - India
- Carbofer General Trading SA - India
- Karbindo Abesyapradhi - Indoneisa
- Singapore Mercantile Exchange
- Tamil Nadu electricity Board
- Eastern Energy - Thailand
- Sical Logistics Limited - India
- Global Business Power Corporation, Philippines
- Tata Chemicals Ltd - India
- Indo Tambangraya Megah - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Bulk Trading Sa - Switzerland
- Jaiprakash Power Ventures ltd
- Romanian Commodities Exchange
- Goldman Sachs - Singapore
- Energy Link Ltd, New Zealand
- Wilmar Investment Holdings
- Parliament of New Zealand
- South Luzon Thermal Energy Corporation
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Orica Mining Services - Indonesia
- Australian Coal Association
- Kobexindo Tractors - Indoneisa
- Interocean Group of Companies - India
- Vedanta Resources Plc - India
- Parry Sugars Refinery, India
- Gujarat Mineral Development Corp Ltd - India
- GAC Shipping (India) Pvt Ltd
- Port Waratah Coal Services - Australia
- IEA Clean Coal Centre - UK
- Vijayanagar Sugar Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Maheswari Brothers Coal Limited - India
- Sojitz Corporation - Japan
- White Energy Company Limited
- Leighton Contractors Pty Ltd - Australia
- Indika Energy - Indonesia
- Xindia Steels Limited - India
- Planning Commission, India
- Borneo Indobara - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Sinarmas Energy and Mining - Indonesia
- Formosa Plastics Group - Taiwan
- Siam City Cement PLC, Thailand
- GN Power Mariveles Coal Plant, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- The Treasury - Australian Government
- Latin American Coal - Colombia
- Mintek Dendrill Indonesia
- Uttam Galva Steels Limited - India
- Aditya Birla Group - India
- Kalimantan Lumbung Energi - Indonesia
- Bukit Baiduri Energy - Indonesia
- Merrill Lynch Commodities Europe
- Riau Bara Harum - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Eastern Coal Council - USA
- Power Finance Corporation Ltd., India
- Ind-Barath Power Infra Limited - India
- Central Electricity Authority - India
- Jorong Barutama Greston.PT - Indonesia
- European Bulk Services B.V. - Netherlands
- Aboitiz Power Corporation - Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Independent Power Producers Association of India
- Energy Development Corp, Philippines
- Semirara Mining Corp, Philippines
- Australian Commodity Traders Exchange
- Marubeni Corporation - India
- SMG Consultants - Indonesia
- Coastal Gujarat Power Limited - India
- GVK Power & Infra Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Commonwealth Bank - Australia
- Directorate General of MIneral and Coal - Indonesia
- ICICI Bank Limited - India
- Wood Mackenzie - Singapore
- Gujarat Sidhee Cement - India
- VISA Power Limited - India
- Timah Investasi Mineral - Indoneisa
- Bayan Resources Tbk. - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Standard Chartered Bank - UAE
- Baramulti Group, Indonesia
- Renaissance Capital - South Africa
- Mercator Lines Limited - India
- Neyveli Lignite Corporation Ltd, - India
- TNB Fuel Sdn Bhd - Malaysia
- Semirara Mining and Power Corporation, Philippines
- Dalmia Cement Bharat India
- SMC Global Power, Philippines
- Samtan Co., Ltd - South Korea
- Billiton Holdings Pty Ltd - Australia
- Globalindo Alam Lestari - Indonesia
- Kumho Petrochemical, South Korea
- Georgia Ports Authority, United States
- Videocon Industries ltd - India
- Straits Asia Resources Limited - Singapore
- Altura Mining Limited, Indonesia
- Bhoruka Overseas - Indonesia
- CNBM International Corporation - China
- Bhushan Steel Limited - India
- Bangladesh Power Developement Board
- CIMB Investment Bank - Malaysia
- Coal and Oil Company - UAE
- Binh Thuan Hamico - Vietnam
- Makarim & Taira - Indonesia
- Sarangani Energy Corporation, Philippines
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