COALspot.com keeps you connected across the coal world

Submit Your Articles
We welcome article submissions from experts in the areas of coal, mining, shipping, etc.

To Submit your article please click here.

International Energy Events


Search News
Latest CoalNews Headlines
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



If you believe an article violates your rights or the rights of others, please contact us.

Recent News

Wednesday, 30 June 10
PTBA TO SUPPLY ADDITIONAL 180 MLN TONS OF COAL TO PLN FOR 20 YEARS
COALspot.com: Indonesia's state-owned coal mining company PT Tambang Batubara Bukit Asam Tbk (PTBA) has entered into a new contract with state owne ...


Wednesday, 30 June 10
U.S. STEAM COAL EXPORTS TO SUPPORT FREIGHT RATES
Booming North American coal exports to China, driven by the country's insatiable need for steel raw materials, will provide support to freight rate ...


Tuesday, 29 June 10
EXPORT LETTER OF CREDIT PLAN DUMPED - THE JAKARTA GLOBE
The Jakartaglobe reported that, Indonesia has canceled a proposed regulation that would have required exporters of commodities such as cocoa, coffee ...


Tuesday, 29 June 10
BUMA TO MOVE AROUND 333 MLN BCM OF OVERBURDEN IN 2010
COALspot.com: PT Delta Dunia Makmur Tbk, holding company of Indonesia's second largest coal mining contractor PT Bukit Makmur Mandiri Utama (BUMA), ...


Tuesday, 29 June 10
DRY BULK'S DOWNFALL FINALLY SHOWING SIGNS OF STABILIZATION
Although the dry bulk market has begun the week where it left off, that is on a downward note, brokers and charterers appear to be on the consensus ...


   1149 1150 1151 1152 1153   
Showing 5751 to 5755 news of total 6871
News by Category
Popular News
 
Total Members : 28,706
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

  • Idemitsu - Japan
  • Coastal Gujarat Power Limited - India
  • Latin American Coal - Colombia
  • Cement Manufacturers Association - India
  • Kobe Steel Ltd - Japan
  • India Bulls Power Limited - India
  • Coal and Oil Company - UAE
  • Indian School of Mines
  • Cardiff University - UK
  • ANZ Bank - Australia
  • Uttam Galva Steels Limited - India
  • IEA Clean Coal Centre - UK
  • Argus Media - Singapore
  • Indo Tambangraya Megah - Indonesia
  • BRS Brokers - Singapore
  • Kaltim Prima Coal - Indonesia
  • San Jose City I Power Corp, Philippines
  • Kumho Petrochemical, South Korea
  • KPCL - India
  • Trasteel International SA, Italy
  • IMC Shipping - Singapore
  • Coaltrans Conferences
  • TANGEDCO India
  • Singapore Mercantile Exchange
  • Heidelberg Cement - Germany
  • Standard Chartered Bank - UAE
  • Borneo Indobara - Indonesia
  • Fearnleys - India
  • Maybank - Singapore
  • Formosa Plastics Group - Taiwan
  • Port Waratah Coal Services - Australia
  • SASOL - South Africa
  • Rudhra Energy - India
  • Kapuas Tunggal Persada - Indonesia
  • Intertek Mineral Services - Indonesia
  • Orica Australia Pty. Ltd.
  • Eastern Energy - Thailand
  • Peabody Energy - USA
  • Cargill India Pvt Ltd
  • Chettinad Cement Corporation Ltd - India
  • GVK Power & Infra Limited - India
  • Ministry of Transport, Egypt
  • Antam Resourcindo - Indonesia
  • Bank of America
  • Bukit Makmur.PT - Indonesia
  • Clarksons - UK
  • OPG Power Generation Pvt Ltd - India
  • Berau Coal - Indonesia
  • Meenaskhi Energy Private Limited - India
  • Jatenergy - Australia
  • Deloitte Consulting - India
  • The University of Queensland
  • IHS Mccloskey Coal Group - USA
  • ASAPP Information Group - India
  • Global Business Power Corporation, Philippines
  • Deutsche Bank - India
  • Bank of China, Malaysia
  • Gujarat Electricity Regulatory Commission - India
  • Pipit Mutiara Jaya. PT, Indonesia
  • McConnell Dowell - Australia
  • SMC Global Power, Philippines
  • Vijayanagar Sugar Pvt Ltd - India
  • Bulk Trading Sa - Switzerland
  • Coalindo Energy - Indonesia
  • Interocean Group of Companies - India
  • Maheswari Brothers Coal Limited - India
  • Credit Suisse - India
  • Indorama - Singapore
  • Kepco SPC Power Corporation, Philippines
  • Shree Cement - India
  • DBS Bank - Singapore
  • Jindal Steel & Power Ltd - India
  • CoalTek, United States
  • Indonesian Coal Mining Association
  • Oldendorff Carriers - Singapore
  • GMR Energy Limited - India
  • Mitsui
  • Holcim Trading Pte Ltd - Singapore
  • Bangladesh Power Developement Board
  • Ince & co LLP
  • PLN - Indonesia
  • Ministry of Mines - Canada
  • Sakthi Sugars Limited - India
  • Therma Luzon, Inc, Philippines
  • APGENCO India
  • Lanco Infratech Ltd - India
  • Banpu Public Company Limited - Thailand
  • Permata Bank - Indonesia
  • Chamber of Mines of South Africa
  • Shenhua Group - China
  • Siam City Cement - Thailand
  • The Treasury - Australian Government
  • Petrosea - Indonesia
  • PLN Batubara - Indonesia
  • JPMorgan - India
  • Core Mineral Indonesia
  • CIMB Investment Bank - Malaysia
  • Infraline Energy - India
  • Indian Energy Exchange, India
  • J M Baxi & Co - India
  • Renaissance Capital - South Africa
  • Electricity Authority, New Zealand
  • Kohat Cement Company Ltd. - Pakistan
  • Karbindo Abesyapradhi - Indoneisa
  • Truba Alam Manunggal Engineering.Tbk - Indonesia
  • Mjunction Services Limited - India
  • Offshore Bulk Terminal Pte Ltd, Singapore
  • Energy Development Corp, Philippines
  • Thailand Anthracite
  • Directorate Of Revenue Intelligence - India
  • Toyota Tsusho Corporation, Japan
  • Indika Energy - Indonesia
  • Eastern Coal Council - USA
  • IOL Indonesia
  • Karaikal Port Pvt Ltd - India
  • Sucofindo - Indonesia
  • UOB Asia (HK) Ltd
  • Tamil Nadu electricity Board
  • Vedanta Resources Plc - India
  • Thermax Limited - India
  • Carbofer General Trading SA - India
  • KEPCO - South Korea
  • Semirara Mining Corp, Philippines
  • Bhatia International Limited - India
  • ING Bank NV - Singapore
  • Thiess Contractors Indonesia
  • GB Group - China
  • TRAFIGURA, South Korea
  • PNOC Exploration Corporation - Philippines
  • Simpson Spence & Young - Indonesia
  • Sojitz Corporation - Japan
  • Xstrata Coal
  • GN Power Mariveles Coal Plant, Philippines
  • Filglen & Citicon Mining (HK) Ltd - Hong Kong
  • Essar Steel Hazira Ltd - India
  • Asia Pacific Energy Resources Ventures Inc, Philippines
  • Arch Coal - USA
  • Wilmar Investment Holdings
  • Makarim & Taira - Indonesia
  • RBS Sempra - UK
  • Gujarat Sidhee Cement - India
  • Britmindo - Indonesia
  • Maharashtra Electricity Regulatory Commission - India
  • Sinarmas Energy and Mining - Indonesia
  • Star Paper Mills Limited - India
  • Malabar Cements Ltd - India
  • New Zealand Coal & Carbon
  • Freeport Indonesia
  • Kideco Jaya Agung - Indonesia
  • South Luzon Thermal Energy Corporation
  • Japan Coal Energy Center
  • McKinsey & Co - India
  • Noble Europe Ltd - UK
  • Inco-Indonesia
  • NALCO India
  • Aditya Birla Group - India
  • Jaiprakash Power Ventures ltd
  • Price Waterhouse Coopers - Russia
  • Surastha Cement
  • Gresik Semen - Indonesia
  • Mercuria Energy - Indonesia
  • globalCOAL - UK
  • Savvy Resources Ltd - HongKong
  • VISA Power Limited - India
  • Asia Cement - Taiwan
  • Coal India Limited
  • bp singapore
  • UBS Singapore
  • Indonesia Power. PT
  • Madhucon Powers Ltd - India
  • Gupta Coal India Ltd
  • JPower - Japan
  • Krishnapatnam Port Company Ltd. - India
  • Riau Bara Harum - Indonesia
  • Bank of Tokyo Mitsubishi UFJ Ltd
  • Qatrana Cement - Jordan
  • The India Cements Ltd
  • Barasentosa Lestari - Indonesia
  • Videocon Industries ltd - India
  • Kartika Selabumi Mining - Indonesia
  • Independent Power Producers Association of India
  • Gujarat Mineral Development Corp Ltd - India
  • SUEK AG - Indonesia
  • World Bank
  • Larsen & Toubro Limited - India
  • Tanito Harum - Indonesia
  • Bangkok Bank PCL
  • Rio Tinto Coal - Australia
  • Planning Commission, India
  • Anglo American - United Kingdom
  • Metalloyd Limited - United Kingdom
  • Cebu Energy, Philippines
  • Coeclerici Indonesia
  • TeaM Sual Corporation - Philippines
  • Samtan Co., Ltd - South Korea
  • Lafarge - France
  • Medco Energi Mining Internasional
  • Inspectorate - India
  • Power Finance Corporation Ltd., India
  • Economic Council, Georgia
  • Central Java Power - Indonesia
  • WorleyParsons
  • Adani Power Ltd - India
  • PowerSource Philippines DevCo
  • Salva Resources Pvt Ltd - India
  • U S Energy Resources
  • Kobexindo Tractors - Indoneisa
  • Bharathi Cement Corporation - India
  • Attock Cement Pakistan Limited
  • Alfred C Toepfer International GmbH - Germany
  • Geoservices-GeoAssay Lab
  • Platts
  • Moodys - Singapore
  • World Coal - UK
  • Commonwealth Bank - Australia
  • Humpuss - Indonesia
  • TNPL - India
  • Glencore India Pvt. Ltd
  • Cemex - Philippines
  • Mitsubishi Corporation
  • The State Trading Corporation of India Ltd
  • Georgia Ports Authority, United States
  • Edison Trading Spa - Italy
  • Dalmia Cement Bharat India
  • Parry Sugars Refinery, India
  • MEC Coal - Indonesia
  • Sical Logistics Limited - India
  • Iligan Light & Power Inc, Philippines
  • Posco Energy - South Korea
  • Arutmin Indonesia
  • Ernst & Young Pvt. Ltd.
  • Miang Besar Coal Terminal - Indonesia
  • ACC Limited - India
  • HSBC - Hong Kong
  • Thomson Reuters GRC
  • Dr Ramakrishna Prasad Power Pvt Ltd - India
  • Goldman Sachs - Singapore
  • Africa Commodities Group - South Africa
  • Mechel - Russia
  • Pendopo Energi Batubara - Indonesia
  • Wood Mackenzie - Singapore
  • Ceylon Electricity Board - Sri Lanka
  • Jorong Barutama Greston.PT - Indonesia
  • Australian Coal Association
  • Binh Thuan Hamico - Vietnam
  • TNB Fuel Sdn Bhd - Malaysia
  • Ministry of Finance - Indonesia
  • Grasim Industreis Ltd - India
  • Asmin Koalindo Tuhup - Indonesia
  • Global Green Power PLC Corporation, Philippines
  • Ind-Barath Power Infra Limited - India
  • Indian Oil Corporation Limited
  • Marubeni Corporation - India
  • Central Electricity Authority - India
  • Vale Mozambique
  • Straits Asia Resources Limited - Singapore
  • Leighton Contractors Pty Ltd - Australia
  • Globalindo Alam Lestari - Indonesia
  • GAC Shipping (India) Pvt Ltd
  • Australian Commodity Traders Exchange
  • Bayan Resources Tbk. - Indonesia
  • Enel Italy
  • PetroVietnam
  • Cigading International Bulk Terminal - Indonesia
  • Thai Mozambique Logistica
  • Kalimantan Lumbung Energi - Indonesia
  • International Coal Ventures Pvt Ltd - India
  • Maruti Cements - India
  • Sindya Power Generating Company Private Ltd
  • SN Aboitiz Power Inc, Philippines
  • Neyveli Lignite Corporation Ltd, - India
  • Sarangani Energy Corporation, Philippines
  • Billiton Holdings Pty Ltd - Australia
  • Romanian Commodities Exchange
  • Altura Mining Limited, Indonesia
  • Indogreen Group - Indonesia
  • Rashtriya Ispat Nigam Limited - India
  • Meralco Power Generation, Philippines
  • PetroVietnam Power Coal Import and Supply Company
  • Russian Coal LLC
  • Vitol - Bahrain
  • Vizag Seaport Private Limited - India
  • Mitra SK Pvt Ltd - India
  • Petrochimia International Co. Ltd.- Taiwan
  • KOWEPO - South Korea
  • BNP Paribas - Singapore
  • Merrill Lynch Commodities Europe
  • Total Coal South Africa
  • EIA - United States
  • Malco - India
  • Mercator Lines Limited - India
  • Adaro Indonesia
  • Siam City Cement PLC, Thailand
  • GHCL Limited - India
  • Sree Jayajothi Cements Limited - India
  • Merrill Lynch Bank
  • Manunggal Multi Energi - Indonesia
  • Maersk Broker
  • NTPC Limited - India
  • Directorate General of MIneral and Coal - Indonesia
  • Global Coal Blending Company Limited - Australia
  • Bukit Baiduri Energy - Indonesia
  • Samsung - South Korea
  • LBH Netherlands Bv - Netherlands
  • GNFC Limited - India
  • Baramulti Group, Indonesia
  • PTC India Limited - India
  • MS Steel International - UAE
  • Minerals Council of Australia
  • Pinang Coal Indonesia
  • Energy Link Ltd, New Zealand
  • Bahari Cakrawala Sebuku - Indonesia
  • ETA - Dubai
  • SMG Consultants - Indonesia
  • Orica Mining Services - Indonesia
  • European Bulk Services B.V. - Netherlands
  • CNBM International Corporation - China
  • Asian Development Bank
  • SGS (Thailand) Limited
  • Mintek Dendrill Indonesia
  • Aboitiz Power Corporation - Philippines
  • Platou - Singapore
  • CCIC - Indonesia
  • SRK Consulting
  • Parliament of New Zealand
  • Panama Canal Authority
  • Petron Corporation, Philippines
  • KPMG - USA
  • Thriveni
  • IBC Asia (S) Pte Ltd
  • OCBC - Singapore
  • Timah Investasi Mineral - Indoneisa
  • Coal Orbis AG
  • Dong Bac Coal Mineral Investment Coporation - Vietnam
  • CESC Limited - India
  • Semirara Mining and Power Corporation, Philippines
  • EMO - The Netherlands
  • Bhushan Steel Limited - India
  • AsiaOL BioFuels Corp., Philippines
  • White Energy Company Limited
  • Electricity Generating Authority of Thailand
  • TGV SRAAC LIMITED, India
  • ICICI Bank Limited - India
  • Reliance Power - India
  • Xindia Steels Limited - India
  • Runge Indonesia
  • London Commodity Brokers - England
  • Bhoruka Overseas - Indonesia
  • Agrawal Coal Company - India
  • Cosco
  • Barclays Capital - USA
  • Bukit Asam (Persero) Tbk - Indonesia
  • Ambuja Cements Ltd - India
  • Tata Power - India
  • Tata Chemicals Ltd - India