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Friday, 21 December 12
JORC CODE, 2012 EDITION NOW FINALIZED


COALspot.com - The JORC Committee has announced that,  the completion of the review of the JORC Code of 2012 Edition.

The JORC Code, 2012 Edition is now published and available along with an explanatory letter which summarises how the Code will be implemented and the important transitional arrangements from the 2004 to 2012 editions of the JORC Code.

The new Code and the explanatory letter are both available on the JORC website:
www.jorc.org, JORC Committee said in its note.

According to an e-mail from AusIMM, a formal ‘launch’ of the revised Code will occur in January 2013.  At that time the JORC Committee will also issue a media release and release of additional supporting information to assist people in using the revised JORC Code and understanding the important differences between the 2004 and 2012 editions of the Code.

The JORC Committee would like to thank everyone who has assisted in the revision of the JORC Code.  It has been a long process which has enjoyed strong support and input from a diverse range of people.  The Committee is very appreciative of the support we have received and we look forward to working with you all in the implementation of the revised Code, said JORC Secretariat of AusIMM in its note which received by COALspot.com.



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Wednesday, 26 December 12
SHIP OWNERS WRAP UP NEWBUILDING DEALS PRIOR TO YEAR END - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
As the year inches closer and closer to its end, many ship owners are looking to close deals for newbuilding vessels they have been negotiating duri ...


Monday, 24 December 12
CONSTITUTIONAL COURT DECISION MAY FURTHER DELAY THE ISSUANCE OF NEW MINING BUSINESS LICENCES - TJEN SHE SIUNG
COALspot.com - In November 2012 the Constitutional Court of Indonesia issued a decision on amendments to certain provisions under the Mining Law No. ...


Monday, 24 December 12
BUNKER PRICES TO CONTINUE RISING, ALBEIT IN A SLOWER MODE, DURING THE NEXT FEW YEARS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEW
In a recent report, US-based consulting firm Mcquilling Services attempted to forecast the course of bunker prices during the next few years, as thi ...


Sunday, 23 December 12
Q4' 2013 CFR SOUTH CHINA COAL SWAP, US$ 3.40 HIGHER COMPARED TO Q1' 2013 PRICE
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average Q1’ 2013 delivery gained 1.94 percent M-M and WoW by 1.57percent but lost 0.35 ...


Saturday, 22 December 12
SECOND HAND VESSELS ENJOY HIGH DEMAND AS PRICES ARE ATTRACTIVE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Despite the fact that the year is closing to its end, activity in the second hand vessel market has been more than high. Ship owners are looking to ...


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