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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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Thursday, 13 May 10
ACTIVITY ON WEST COAST INDIA IS SLOWING - FEARNLEYS AS
DRY BULK CHARTERING
Handy
Atlantic markets remain firm but more for end May/beg June dates as there seems to be more enquiries for those dates. ...
Thursday, 13 May 10
DRY BULK SHIP OWNERS CHEERFUL AMID MARKET RALLY
China’s appetite for raw materials like iron ore and coal, as well as a series of added factors are boosting demand for dry bulk carriers, hel ...
Wednesday, 12 May 10
BANPU'S Q1 PROFIT SLIDES 43% TO B2.71BN - BANGKOK POST
The Bangkokpost reported that, Banpu Plc posted a first-quarter net profit of 2.71 billion baht, down by 43% from the same period last year.
The ...
Tuesday, 11 May 10
DALRYMPLE BAY COAL EXPORTS HIGHEST SINCE JULY; NEWCASTLE FALLS - BLOOMBERG
Bloomberg reported that, Coal shipments from Australia’s Dalrymple Bay terminal in Queensland state rose to the highest in nine months in Apri ...
Tuesday, 11 May 10
DRY BULK RATES SHOOT UP ON STRONG CARGO DEMAND
The dry bulk industry’s benchmark, the Baltic Dry Index (BDI) has kept its momentum, as predicted by analysts and shipping experts, managing t ...
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- Manunggal Multi Energi - Indonesia
- San Jose City I Power Corp, Philippines
- Rashtriya Ispat Nigam Limited - India
- Bharathi Cement Corporation - India
- Indian Oil Corporation Limited
- Economic Council, Georgia
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- IEA Clean Coal Centre - UK
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- Anglo American - United Kingdom
- VISA Power Limited - India
- London Commodity Brokers - England
- Minerals Council of Australia
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- LBH Netherlands Bv - Netherlands
- Kohat Cement Company Ltd. - Pakistan
- Meenaskhi Energy Private Limited - India
- Merrill Lynch Commodities Europe
- Indian Energy Exchange, India
- Globalindo Alam Lestari - Indonesia
- Sree Jayajothi Cements Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Coal and Oil Company - UAE
- Chamber of Mines of South Africa
- Sinarmas Energy and Mining - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Mercuria Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Riau Bara Harum - Indonesia
- Vedanta Resources Plc - India
- OPG Power Generation Pvt Ltd - India
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- GN Power Mariveles Coal Plant, Philippines
- Parliament of New Zealand
- Indogreen Group - Indonesia
- Mercator Lines Limited - India
- Planning Commission, India
- Singapore Mercantile Exchange
- Independent Power Producers Association of India
- Straits Asia Resources Limited - Singapore
- Parry Sugars Refinery, India
- Holcim Trading Pte Ltd - Singapore
- Sojitz Corporation - Japan
- Central Electricity Authority - India
- Bayan Resources Tbk. - Indonesia
- Kobexindo Tractors - Indoneisa
- Australian Coal Association
- Ambuja Cements Ltd - India
- Vizag Seaport Private Limited - India
- Sical Logistics Limited - India
- Commonwealth Bank - Australia
- Grasim Industreis Ltd - India
- Bulk Trading Sa - Switzerland
- Attock Cement Pakistan Limited
- Indo Tambangraya Megah - Indonesia
- ASAPP Information Group - India
- The University of Queensland
- Romanian Commodities Exchange
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Siam City Cement PLC, Thailand
- Lanco Infratech Ltd - India
- PTC India Limited - India
- GMR Energy Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Renaissance Capital - South Africa
- Energy Development Corp, Philippines
- Kapuas Tunggal Persada - Indonesia
- Thiess Contractors Indonesia
- Directorate Of Revenue Intelligence - India
- Kartika Selabumi Mining - Indonesia
- Jaiprakash Power Ventures ltd
- Indonesian Coal Mining Association
- Ministry of Transport, Egypt
- Maharashtra Electricity Regulatory Commission - India
- Georgia Ports Authority, United States
- Maheswari Brothers Coal Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- GVK Power & Infra Limited - India
- Borneo Indobara - Indonesia
- Toyota Tsusho Corporation, Japan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Aboitiz Power Corporation - Philippines
- Ceylon Electricity Board - Sri Lanka
- Trasteel International SA, Italy
- Bukit Makmur.PT - Indonesia
- Eastern Coal Council - USA
- Sindya Power Generating Company Private Ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Indika Energy - Indonesia
- Africa Commodities Group - South Africa
- Karaikal Port Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Bhushan Steel Limited - India
- Global Coal Blending Company Limited - Australia
- Global Business Power Corporation, Philippines
- PNOC Exploration Corporation - Philippines
- Latin American Coal - Colombia
- Wilmar Investment Holdings
- Barasentosa Lestari - Indonesia
- Electricity Authority, New Zealand
- Ministry of Finance - Indonesia
- South Luzon Thermal Energy Corporation
- Star Paper Mills Limited - India
- Mjunction Services Limited - India
- Timah Investasi Mineral - Indoneisa
- Orica Australia Pty. Ltd.
- Chettinad Cement Corporation Ltd - India
- Coastal Gujarat Power Limited - India
- Leighton Contractors Pty Ltd - Australia
- Formosa Plastics Group - Taiwan
- Orica Mining Services - Indonesia
- Goldman Sachs - Singapore
- Petron Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Wood Mackenzie - Singapore
- ICICI Bank Limited - India
- Global Green Power PLC Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Malabar Cements Ltd - India
- Intertek Mineral Services - Indonesia
- Power Finance Corporation Ltd., India
- Kepco SPC Power Corporation, Philippines
- India Bulls Power Limited - India
- Medco Energi Mining Internasional
- Pendopo Energi Batubara - Indonesia
- Energy Link Ltd, New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- McConnell Dowell - Australia
- Sarangani Energy Corporation, Philippines
- White Energy Company Limited
- Coalindo Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Eastern Energy - Thailand
- Ministry of Mines - Canada
- Jindal Steel & Power Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Alfred C Toepfer International GmbH - Germany
- SMG Consultants - Indonesia
- Carbofer General Trading SA - India
- Sakthi Sugars Limited - India
- Kumho Petrochemical, South Korea
- MS Steel International - UAE
- PowerSource Philippines DevCo
- AsiaOL BioFuels Corp., Philippines
- IHS Mccloskey Coal Group - USA
- Simpson Spence & Young - Indonesia
- Central Java Power - Indonesia
- International Coal Ventures Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Aditya Birla Group - India
- Jorong Barutama Greston.PT - Indonesia
- Videocon Industries ltd - India
- SMC Global Power, Philippines
- Semirara Mining Corp, Philippines
- Altura Mining Limited, Indonesia
- GAC Shipping (India) Pvt Ltd
- Asmin Koalindo Tuhup - Indonesia
- Electricity Generating Authority of Thailand
- Tamil Nadu electricity Board
- Gujarat Sidhee Cement - India
- Metalloyd Limited - United Kingdom
- Thai Mozambique Logistica
- Kideco Jaya Agung - Indonesia
- Marubeni Corporation - India
- Bukit Asam (Persero) Tbk - Indonesia
- Meralco Power Generation, Philippines
- Rio Tinto Coal - Australia
- Madhucon Powers Ltd - India
- European Bulk Services B.V. - Netherlands
- Gujarat Electricity Regulatory Commission - India
- Siam City Cement - Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Deloitte Consulting - India
- Neyveli Lignite Corporation Ltd, - India
- CNBM International Corporation - China
- Baramulti Group, Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Port Waratah Coal Services - Australia
- Interocean Group of Companies - India
- Bangladesh Power Developement Board
- Therma Luzon, Inc, Philippines
- Essar Steel Hazira Ltd - India
- The Treasury - Australian Government
- Edison Trading Spa - Italy
- Offshore Bulk Terminal Pte Ltd, Singapore
- Posco Energy - South Korea
- Iligan Light & Power Inc, Philippines
- Agrawal Coal Company - India
- Antam Resourcindo - Indonesia
- Bhoruka Overseas - Indonesia
- New Zealand Coal & Carbon
- Vijayanagar Sugar Pvt Ltd - India
- Cement Manufacturers Association - India
- Ind-Barath Power Infra Limited - India
- Makarim & Taira - Indonesia
- TeaM Sual Corporation - Philippines
- Heidelberg Cement - Germany
- Mintek Dendrill Indonesia
- Tata Chemicals Ltd - India
- Xindia Steels Limited - India
- Price Waterhouse Coopers - Russia
- Krishnapatnam Port Company Ltd. - India
- Larsen & Toubro Limited - India
- Binh Thuan Hamico - Vietnam
- Uttam Galva Steels Limited - India
- Cigading International Bulk Terminal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Dalmia Cement Bharat India
- Standard Chartered Bank - UAE
- Kaltim Prima Coal - Indonesia
- Bhatia International Limited - India
- The State Trading Corporation of India Ltd
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