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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, 23 September 09
TATA POWER TO COMMISSION 2 UNITS OF MUNDRA UMPP BY FEB 2012
Business Standard reported that, the country's largest private power producer Tata Power today said it would commission 1,600 MW capacity of its 4, ...
Wednesday, 23 September 09
NAVA BHARAT TO ADD 300MW CAPACITY, RAISE RS1,386 CRORE (US$ 289,674,610)
The firm plans to place orders for equipment by the end of October and commission both the plants by April 2012 to sell power in the open market
...
Tuesday, 22 September 09
ASIA COAL-PRICES TOPS $70 AS TRADERS SEEK BARGAINS
Reuters reported that, prices of power-station coal in Australia, a benchmark for Asia, rose for the second week to top $70 a tonne this week, clawi ...
Tuesday, 22 September 09
QINHUANGDAO COAL PRICES SURGE ON STRONG DEMAND
People's Daily Online reported that, Coal prices at Qinhuangdao port, China's largest coal port, witnessed the sharpest increase in the year last ...
Tuesday, 22 September 09
SHORT PERIOD RATE FOR SUPRAMAX WAS AROUND US$ 17,000 PER DAY FOR VESSELS OPENING FAR EAST / SE ASIA - VISTAAR
COALspot.com (Singapore): The dry bulk market continued to be stable with the BDI just dropping by about 5 pct to 2,356 points last week. The change ...
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- GAC Shipping (India) Pvt Ltd
- Edison Trading Spa - Italy
- Oldendorff Carriers - Singapore
- Tamil Nadu electricity Board
- Intertek Mineral Services - Indonesia
- Bharathi Cement Corporation - India
- San Jose City I Power Corp, Philippines
- Goldman Sachs - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Kideco Jaya Agung - Indonesia
- Pendopo Energi Batubara - Indonesia
- Jindal Steel & Power Ltd - India
- Chettinad Cement Corporation Ltd - India
- The Treasury - Australian Government
- Holcim Trading Pte Ltd - Singapore
- Indika Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Global Green Power PLC Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- New Zealand Coal & Carbon
- Ceylon Electricity Board - Sri Lanka
- Borneo Indobara - Indonesia
- Indogreen Group - Indonesia
- Indian Energy Exchange, India
- Tata Chemicals Ltd - India
- GMR Energy Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Transport, Egypt
- Therma Luzon, Inc, Philippines
- Salva Resources Pvt Ltd - India
- Aditya Birla Group - India
- Kalimantan Lumbung Energi - Indonesia
- Kumho Petrochemical, South Korea
- Kobexindo Tractors - Indoneisa
- PTC India Limited - India
- Sakthi Sugars Limited - India
- Jaiprakash Power Ventures ltd
- International Coal Ventures Pvt Ltd - India
- Minerals Council of Australia
- Madhucon Powers Ltd - India
- Star Paper Mills Limited - India
- Attock Cement Pakistan Limited
- Anglo American - United Kingdom
- Thiess Contractors Indonesia
- CNBM International Corporation - China
- Leighton Contractors Pty Ltd - Australia
- Toyota Tsusho Corporation, Japan
- Rio Tinto Coal - Australia
- Aboitiz Power Corporation - Philippines
- Banpu Public Company Limited - Thailand
- Central Electricity Authority - India
- IHS Mccloskey Coal Group - USA
- European Bulk Services B.V. - Netherlands
- Coalindo Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- South Luzon Thermal Energy Corporation
- Coastal Gujarat Power Limited - India
- CIMB Investment Bank - Malaysia
- Bukit Makmur.PT - Indonesia
- Wilmar Investment Holdings
- SMC Global Power, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Siam City Cement PLC, Thailand
- Orica Mining Services - Indonesia
- Antam Resourcindo - Indonesia
- Mintek Dendrill Indonesia
- PowerSource Philippines DevCo
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Essar Steel Hazira Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Cigading International Bulk Terminal - Indonesia
- Bangladesh Power Developement Board
- Energy Development Corp, Philippines
- Makarim & Taira - Indonesia
- Iligan Light & Power Inc, Philippines
- Energy Link Ltd, New Zealand
- Meenaskhi Energy Private Limited - India
- Simpson Spence & Young - Indonesia
- Videocon Industries ltd - India
- AsiaOL BioFuels Corp., Philippines
- Eastern Energy - Thailand
- Baramulti Group, Indonesia
- Electricity Generating Authority of Thailand
- Petron Corporation, Philippines
- Bhatia International Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Mjunction Services Limited - India
- The University of Queensland
- Straits Asia Resources Limited - Singapore
- Directorate Of Revenue Intelligence - India
- Deloitte Consulting - India
- Semirara Mining and Power Corporation, Philippines
- SMG Consultants - Indonesia
- Sical Logistics Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sarangani Energy Corporation, Philippines
- GVK Power & Infra Limited - India
- Kaltim Prima Coal - Indonesia
- MS Steel International - UAE
- Independent Power Producers Association of India
- SN Aboitiz Power Inc, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Ind-Barath Power Infra Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Petrochimia International Co. Ltd.- Taiwan
- Bulk Trading Sa - Switzerland
- Ambuja Cements Ltd - India
- Africa Commodities Group - South Africa
- Orica Australia Pty. Ltd.
- Indonesian Coal Mining Association
- Heidelberg Cement - Germany
- TeaM Sual Corporation - Philippines
- Georgia Ports Authority, United States
- Malabar Cements Ltd - India
- OPG Power Generation Pvt Ltd - India
- Australian Coal Association
- Karaikal Port Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Altura Mining Limited, Indonesia
- Meralco Power Generation, Philippines
- Manunggal Multi Energi - Indonesia
- Samtan Co., Ltd - South Korea
- Thai Mozambique Logistica
- Bukit Baiduri Energy - Indonesia
- Ministry of Finance - Indonesia
- India Bulls Power Limited - India
- ASAPP Information Group - India
- Bhoruka Overseas - Indonesia
- Sindya Power Generating Company Private Ltd
- Dalmia Cement Bharat India
- Carbofer General Trading SA - India
- Kepco SPC Power Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Larsen & Toubro Limited - India
- Electricity Authority, New Zealand
- Indo Tambangraya Megah - Indonesia
- Marubeni Corporation - India
- Price Waterhouse Coopers - Russia
- Economic Council, Georgia
- McConnell Dowell - Australia
- Commonwealth Bank - Australia
- Neyveli Lignite Corporation Ltd, - India
- Romanian Commodities Exchange
- Central Java Power - Indonesia
- Lanco Infratech Ltd - India
- Semirara Mining Corp, Philippines
- Binh Thuan Hamico - Vietnam
- Posco Energy - South Korea
- Maheswari Brothers Coal Limited - India
- Power Finance Corporation Ltd., India
- White Energy Company Limited
- IEA Clean Coal Centre - UK
- Globalindo Alam Lestari - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Planning Commission, India
- Australian Commodity Traders Exchange
- Billiton Holdings Pty Ltd - Australia
- Formosa Plastics Group - Taiwan
- Sree Jayajothi Cements Limited - India
- Trasteel International SA, Italy
- Krishnapatnam Port Company Ltd. - India
- Parliament of New Zealand
- Directorate General of MIneral and Coal - Indonesia
- Timah Investasi Mineral - Indoneisa
- PNOC Exploration Corporation - Philippines
- The State Trading Corporation of India Ltd
- Merrill Lynch Commodities Europe
- Indian Oil Corporation Limited
- Kapuas Tunggal Persada - Indonesia
- Chamber of Mines of South Africa
- Gujarat Sidhee Cement - India
- VISA Power Limited - India
- Uttam Galva Steels Limited - India
- Coal and Oil Company - UAE
- Kartika Selabumi Mining - Indonesia
- Grasim Industreis Ltd - India
- Bhushan Steel Limited - India
- Global Coal Blending Company Limited - Australia
- Savvy Resources Ltd - HongKong
- Rashtriya Ispat Nigam Limited - India
- Interocean Group of Companies - India
- Singapore Mercantile Exchange
- Gujarat Mineral Development Corp Ltd - India
- Cement Manufacturers Association - India
- Standard Chartered Bank - UAE
- ICICI Bank Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Eastern Coal Council - USA
- Siam City Cement - Thailand
- Global Business Power Corporation, Philippines
- Latin American Coal - Colombia
- Ministry of Mines - Canada
- Bayan Resources Tbk. - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Xindia Steels Limited - India
- Wood Mackenzie - Singapore
- Mercuria Energy - Indonesia
- Vizag Seaport Private Limited - India
- Renaissance Capital - South Africa
- Medco Energi Mining Internasional
- Vedanta Resources Plc - India
- Mercator Lines Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Port Waratah Coal Services - Australia
- Agrawal Coal Company - India
- Miang Besar Coal Terminal - Indonesia
- London Commodity Brokers - England
- Pipit Mutiara Jaya. PT, Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Parry Sugars Refinery, India
- LBH Netherlands Bv - Netherlands
- Riau Bara Harum - Indonesia
- Sojitz Corporation - Japan
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