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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
COAL INDIA, SHIPPING CORP MAY FORM VENTURE TO IMPORT COAL
The venture may be on the lines of the firm that CIL plans with SAIL for coal imports in which both to hold 25%
Live Mint reported that, State-ru ...
Tuesday, 06 October 09
ASIA COAL-PRICE REBOUND TOWARDS $71 ON TENDER ACTIVITY
Reuters reported that, Prices of power-station coal in Australia, a benchmark for Asia, rose 4 percent in the latest week to near $71 a tonne, bolst ...
Tuesday, 06 October 09
BHARATHI CEMENT TO ADD 2.5 MT CAPACITY BY 2010
Business-Standard reported that, Bharathi Cement Corporation (BCC) commenced its commercial operations from its Nallalingayapalli manufacturing plan ...
Tuesday, 06 October 09
MOZAMBIQUE TO BUILD COAL RAILWAY
BBC reported that, Mozambique's government has announced that it has secured $500m (£313m) to build a new railway line. The transport ministe ...
Tuesday, 06 October 09
COAL INDIA AIMS TO BUY MINE ABROAD BY MARCH
*Coal India to issue its first coal import tender by Nov
*ArcelorMittal, 9 others in race to develop abandoned mines
*52 firms keen to partner coa ...
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- Banpu Public Company Limited - Thailand
- Gujarat Electricity Regulatory Commission - India
- Sojitz Corporation - Japan
- Rashtriya Ispat Nigam Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Bharathi Cement Corporation - India
- Kapuas Tunggal Persada - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sical Logistics Limited - India
- Bulk Trading Sa - Switzerland
- Bank of Tokyo Mitsubishi UFJ Ltd
- Metalloyd Limited - United Kingdom
- GAC Shipping (India) Pvt Ltd
- San Jose City I Power Corp, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Mercator Lines Limited - India
- Vedanta Resources Plc - India
- Parry Sugars Refinery, India
- Directorate Of Revenue Intelligence - India
- Ministry of Transport, Egypt
- Energy Link Ltd, New Zealand
- Global Green Power PLC Corporation, Philippines
- Ambuja Cements Ltd - India
- Star Paper Mills Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Indonesian Coal Mining Association
- Power Finance Corporation Ltd., India
- Commonwealth Bank - Australia
- GVK Power & Infra Limited - India
- Planning Commission, India
- Meralco Power Generation, Philippines
- MS Steel International - UAE
- Indian Oil Corporation Limited
- Ministry of Finance - Indonesia
- Indian Energy Exchange, India
- Larsen & Toubro Limited - India
- Billiton Holdings Pty Ltd - Australia
- PTC India Limited - India
- Parliament of New Zealand
- Heidelberg Cement - Germany
- Riau Bara Harum - Indonesia
- Economic Council, Georgia
- Agrawal Coal Company - India
- Kepco SPC Power Corporation, Philippines
- SMG Consultants - Indonesia
- Central Java Power - Indonesia
- Globalindo Alam Lestari - Indonesia
- Price Waterhouse Coopers - Russia
- Antam Resourcindo - Indonesia
- CIMB Investment Bank - Malaysia
- Rio Tinto Coal - Australia
- The University of Queensland
- TeaM Sual Corporation - Philippines
- CNBM International Corporation - China
- Global Coal Blending Company Limited - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Karaikal Port Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Siam City Cement PLC, Thailand
- Mjunction Services Limited - India
- Sarangani Energy Corporation, Philippines
- Altura Mining Limited, Indonesia
- Petron Corporation, Philippines
- Medco Energi Mining Internasional
- Borneo Indobara - Indonesia
- Africa Commodities Group - South Africa
- Semirara Mining and Power Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Kohat Cement Company Ltd. - Pakistan
- Indogreen Group - Indonesia
- Xindia Steels Limited - India
- Maheswari Brothers Coal Limited - India
- Indo Tambangraya Megah - Indonesia
- Mintek Dendrill Indonesia
- Bangladesh Power Developement Board
- Bukit Asam (Persero) Tbk - Indonesia
- Timah Investasi Mineral - Indoneisa
- Australian Coal Association
- Krishnapatnam Port Company Ltd. - India
- ICICI Bank Limited - India
- Deloitte Consulting - India
- Carbofer General Trading SA - India
- Aditya Birla Group - India
- Kalimantan Lumbung Energi - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Coalindo Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Eastern Coal Council - USA
- VISA Power Limited - India
- Ind-Barath Power Infra Limited - India
- Standard Chartered Bank - UAE
- AsiaOL BioFuels Corp., Philippines
- Anglo American - United Kingdom
- TNB Fuel Sdn Bhd - Malaysia
- LBH Netherlands Bv - Netherlands
- Coal and Oil Company - UAE
- Posco Energy - South Korea
- European Bulk Services B.V. - Netherlands
- Australian Commodity Traders Exchange
- Ministry of Mines - Canada
- South Luzon Thermal Energy Corporation
- Merrill Lynch Commodities Europe
- The State Trading Corporation of India Ltd
- Cigading International Bulk Terminal - Indonesia
- Makarim & Taira - Indonesia
- Malabar Cements Ltd - India
- Wood Mackenzie - Singapore
- Intertek Mineral Services - Indonesia
- Siam City Cement - Thailand
- McConnell Dowell - Australia
- Manunggal Multi Energi - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Sindya Power Generating Company Private Ltd
- Directorate General of MIneral and Coal - Indonesia
- Kumho Petrochemical, South Korea
- Orica Australia Pty. Ltd.
- Mercuria Energy - Indonesia
- London Commodity Brokers - England
- Romanian Commodities Exchange
- Uttam Galva Steels Limited - India
- Renaissance Capital - South Africa
- Energy Development Corp, Philippines
- International Coal Ventures Pvt Ltd - India
- Attock Cement Pakistan Limited
- Eastern Energy - Thailand
- Orica Mining Services - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Bhatia International Limited - India
- Samtan Co., Ltd - South Korea
- Edison Trading Spa - Italy
- Bukit Baiduri Energy - Indonesia
- Global Business Power Corporation, Philippines
- ASAPP Information Group - India
- Port Waratah Coal Services - Australia
- Thai Mozambique Logistica
- Kaltim Prima Coal - Indonesia
- Singapore Mercantile Exchange
- Simpson Spence & Young - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Pendopo Energi Batubara - Indonesia
- GMR Energy Limited - India
- SN Aboitiz Power Inc, Philippines
- Madhucon Powers Ltd - India
- Toyota Tsusho Corporation, Japan
- Bahari Cakrawala Sebuku - Indonesia
- Semirara Mining Corp, Philippines
- Tamil Nadu electricity Board
- Savvy Resources Ltd - HongKong
- Chamber of Mines of South Africa
- Aboitiz Power Corporation - Philippines
- Videocon Industries ltd - India
- Indika Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- Kideco Jaya Agung - Indonesia
- Gujarat Sidhee Cement - India
- Sakthi Sugars Limited - India
- The Treasury - Australian Government
- Jaiprakash Power Ventures ltd
- Therma Luzon, Inc, Philippines
- India Bulls Power Limited - India
- Thiess Contractors Indonesia
- Salva Resources Pvt Ltd - India
- Lanco Infratech Ltd - India
- Grasim Industreis Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bhushan Steel Limited - India
- Leighton Contractors Pty Ltd - Australia
- Interocean Group of Companies - India
- IHS Mccloskey Coal Group - USA
- Jindal Steel & Power Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Tata Chemicals Ltd - India
- Independent Power Producers Association of India
- Miang Besar Coal Terminal - Indonesia
- Baramulti Group, Indonesia
- Bukit Makmur.PT - Indonesia
- Binh Thuan Hamico - Vietnam
- OPG Power Generation Pvt Ltd - India
- Goldman Sachs - Singapore
- Wilmar Investment Holdings
- Central Electricity Authority - India
- Minerals Council of Australia
- Trasteel International SA, Italy
- IEA Clean Coal Centre - UK
- Oldendorff Carriers - Singapore
- Cement Manufacturers Association - India
- Sinarmas Energy and Mining - Indonesia
- Georgia Ports Authority, United States
- Electricity Generating Authority of Thailand
- Kartika Selabumi Mining - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- PetroVietnam Power Coal Import and Supply Company
- Electricity Authority, New Zealand
- Sree Jayajothi Cements Limited - India
- Essar Steel Hazira Ltd - India
- Formosa Plastics Group - Taiwan
- SMC Global Power, Philippines
- Bhoruka Overseas - Indonesia
- Vizag Seaport Private Limited - India
- New Zealand Coal & Carbon
- Marubeni Corporation - India
- Meenaskhi Energy Private Limited - India
- White Energy Company Limited
- Alfred C Toepfer International GmbH - Germany
- Coastal Gujarat Power Limited - India
- Barasentosa Lestari - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PowerSource Philippines DevCo
- Latin American Coal - Colombia
- PNOC Exploration Corporation - Philippines
- Dalmia Cement Bharat India
- Iligan Light & Power Inc, Philippines
- Kobexindo Tractors - Indoneisa
- Pipit Mutiara Jaya. PT, Indonesia
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