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

Tuesday, 08 September 09
INDONESIA OFFERS AN OPPORTUNITY TO INDIANS
Meri News reported that, Indonesia is all set to launch the country's second 10,000 MW accelerated power expansion programme. The new power develop ...


Tuesday, 08 September 09
BUKIT ASAM AIMS 14 MLN TONS COAL PRODUCTION
VIVA News reported that, The rise in coal production is mainly triggered by the step-up in domestic demand. Coal mining company PT Tambang Batuba ...


Tuesday, 08 September 09
MERCHANT BANKERS ADVISE CIL ON INDONESIAN MINE BUYS
Business Standard reported that, State-owned Coal India Ltd (CIL) is being advised by four to five merchant bankers on acquisition of coal assets in ...


Tuesday, 08 September 09
THE 3RD ASIA PACIFIC COAL TRADING & INVESTMENT OUTLOOK 2009 - PRESS RELEASE
The 3rd Asia Pacific Coal Trading & Investment Outlook 2009 Analysis of Asia Coal Market amid Global Financial Crisis  COALspot.com(Chin ...


Tuesday, 08 September 09
SOUTH AFRICAN COAL EXPORTS MAY RISE ON SALES TO INDIA
Bloomberg reported that, South African coal exports may rise to 100 million metric tons a year by 2020 and India may become the biggest destination ...


   1287 1288 1289 1290 1291   
Showing 6441 to 6445 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 ...

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