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, 21 September 09
ACCC SET TO APPROVE NEWCASTLE COAL SHIPPING AGREEMENT


ABC reported that, The competition regulator says it is likely to approve a new agreement over coal loading arrangements at Newcastle.

Australian Competition and Consumer Commission chairman Graeme Samuel says the agreement forged between the New South Wales Government, the port operator and coal producers, including BHP Billiton, gives certainty to the industry.

He says it is possible the deal will cut shipping queues at the port.

"It is looking like we will approve the reinstatement of the interim authorisations that were there to try and manage the queues at the port and to enable the parties to proceed towards putting in place the long-term ship or pay contracts that are an integral part of this long-term solution," Mr Samuel said.

He says approving the new agreement will add certainty to encourage investment in increasing the port's capacity.

"It will provide for increased capacity and thus the ability for ships to, rather than sit in a queue, to come through to the ports, take the coal that's coming from the Hunter Valley coal mines and then move it into export," he commented.

"That's what's been needed for some time now. But of course no investor was ever going to invest in expanded capacity until they had at least some assurance that their investment would earn a reasonable return; that is, would be paid for either by ships using it, or else by parties saying we'll pay for it if we don't have the necessary requirements to use the capacity.

"They will sign long-term what are called "ship or pay" contracts; that's contracts to either have ships use the capacity or else pay for it in any event. That will provide the certainty that investors need to expand the capacity of the port."

He says the ACCC has not seen all the details of the agreement, but has seen enough to demonstrate that it will be a step forward in improving the port's operation.

"We've only seen the bare bones of the agreement as was put to us last evening, but I'd have to say to you that the impression that we get, particularly in discussions with the New South Wales Government, is that this is an agreement that is binding on the parties. It does take the parties a long way forward now in terms of the implementation of a long-term solution," he said.

"If the agreements are in the form that we understand them to be, and we're only into the very initial sort of review and consultation phase, but if they are in the form, I think there's every expectation that what we've now taken is the big step needed towards the long-term solution with Port Waratah."

However, Mr Samuel says further investment in rail and other infrastructure is needed to substantially increase the capacity to export the Hunter Valley's coal.

"Our authorisation was initially intended to stop the ship queues or to reduce them. Ultimately we've said, you've got to find a long term solution to this," he said.

"All that you're doing at the moment is, by putting in place this queue allocation system, this capacity allocation system, you're just providing a temporary stop-gap measure, but you're not providing for a long-term solution. And you're actually reducing the overall ability for the Hunter Valley coal mines to export their coal."
Source: ABC



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

Recent News

Monday, 28 September 09
INDONESIA UNLIKELY TO PASS NEW MINING RULES IN 2009
Reuters reported that, Indonesia is unlikely to complete final regulations attached to a new mining and coal law this year, an official said on Mond ...


Monday, 28 September 09
TATA POWER SCOUTS FOR COAL BLOCKS ABROAD
Business Standard reported that, private power producer Tata Power is scouting for coal mines abroad, including Australia and Mozambique, to meet de ...


Saturday, 26 September 09
THE INDIA / FAR EAST SEEMS WILL BE FIRM NEXT WEEK - VISTAAR
COALspot.com (Singapore): The dry bulk market was soft this week and the BDI dropped by almost 7 pct to 2,183 points. The cape size index dropped by ...


Saturday, 26 September 09
GSECL PLANS TO PROCURE 15 LAKH (1.5 MILLION) MT OF IMPORTED COAL
Business Standard reported that, State-run power generation company, Gujarat State Electricity Corporation Ltd (GSECL) intends to procure 15 lakh (1 ...


Saturday, 26 September 09
SAIL TO SET UP TWO SLAG-BASED CEMENT MANUFACTURING UNITS
Rediff Business reported that, Government-owned Steel Authority of India Ltd, the country's largest steel producer, is looking to set up two greenf ...


   1277 1278 1279 1280 1281   
Showing 6391 to 6395 news of total 6871
News by Category
Popular News
 
Total Members : 28,619
Member
Panelist
User ID
Password
Remember Me
By logging on you accept our TERMS OF USE.
Free
Register
Forgot Password
 
Our Members Are From ...

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