World's Biggest Coal Port Lease for Sale
Australia's NSW government will go ahead with the long-term lease of the Port of Newcastle, the world’s biggest coal export location by annual capacity for a reported figure of around $700m, reports the Australian Journal of Mining. A long-term lease of the port would include over 700 hectares of land owned by the Newcastle Port Corporation, as well as all road and rail infrastructure wharves owned by NPC within the port boundary. Newcastle will be the third major NSW port privatised in recent times; Port Botany and Port Kembla were both privatised at the beginning of 2013.
Storm Shutters Australia's Newcastle Coal Port
Coal port shut since Monday night; seven coal ships waiting to leave, ship queue undisclosed. MELBOURNE, April 22 (Reuters) - Australia's Newcastle port, the world's biggest coal export port, has stopped all ship movements due to a cyclonic storm lashing the country's east coast, a port spokeswoman said on Wednesday. "Due to the weather event, no shipping movements occurred yesterday and port operations also paused," the spokeswoman said. Seven coal ships are waiting to leave the port, four from terminals operated by Port Waratah Coal Services and three from a terminal run by Newcastle Coal Infrastructure Group (NCIG). The port operators declined to comment on how many coal ships were waiting offshore to pick up their cargoes from the port…
Newcastle Coal Port Reopening as Storm passes
Australia's Newcastle port, the world's biggest marine coal export terminal, will reopen later on Thursday after shutting down earlier this week due to a heavy storm, according to the port. Australia's biggest coal companies, including BHP Billiton Ltd , Glencore Plc, Rio Tinto , Peabody Energy Corp and China's Yancoal Australia Ltd rely on the port. (Reporting by Sonali Paul
Ship Could be Stranded for Weeks
Port authorities are unable to predict how long it will take to refloat the 40,000 ton coal ship Pasha Bulker, stranded off a Newcastle beach, according to the West Australian. A Newcastle Port Corporation spokesman said the situation would be clearer once the 20-man salvage team, which spent its fifth day aboard the grounded bulk carrier, completed its detailed plan. Equipment to contain an oil spill was being moved from Newcastle port to a holding area in a carpark at Nobby's Beach, where it can be moved quickly in the event of a fuel leak from the ship, which has been wedged on a sandbar since Friday. The team has found a breach in the vessel's outer hull but a secondary inner hull remains intact.
Stop Work Call at Australian Ports
A 4-hours stop work meeting has been formally notified by the MUA at the PB Towage operations at the ports of Sydney, Brisbane, Melbourne and Newcastle on Friday 10 October. This comes after PB Towage and the respective maritime unions failed to reach a settlement on the renewal of the PB Towage Enterprise Agreement. Negotiations are continuing, with the unions due to report back through the Fair Work Commission on Monday 13 October.
Newcastle Coal terminal extension project evaluation
Port Waratah Coal Services (PWCS) has commenced the evaluation of an extension to its Kooragang coal terminal at the Port of Newcastle. The proposed Terminal 4 (T4) Project expansion has reached Feasibility Study level and environmental approval is expected within 2014. It seeks to meet the increasing overseas demand for energy, ongoing expansion of the coal industry in the Hunter Valley, and PWCS obligation to clients. The project is a critical element of the long term export plan signed by the Hunter Coal industry and the New South Wales Government in late 2009.
Glencore Calls for Price Regulation in Newcastle Port
Coal mining giant Glencore has now applied to have the competition watchdog oversee pricing in the newly privatised Port of Newcastle, reports The Sydney Morning Herald. The NSW port is hiking some shipping charges up to 60 percent after its $1.75 billion privatisation last year. Glencore has made the application to the National Competition Council, describing the shipping channels in the Port of Newcastle as a natural 'bottleneck' monopoly. This pitch for Australian Competition…
China Merchants, Hastings, Lease Australian Coal Port
Hastings Funds Management and China Merchants Group have won a state government auction for a 98-year lease on Australia's Port of Newcastle, the world's biggest coal export terminal, paying a higher-than-expected A$1.75 billion ($1.6 billion). An initial New South Wales state budget plan had valued the lease on the port terminal at A$700 million, but fierce competition for Australian infrastructure assets coming on to market has seen a steady rise in multiples paid. The winning bid for Newcastle port came in at 27 times earnings…
Tankship Engine Room Blaze Off Somalia Coast
Australia’s HMAS Newcastle provided medical treatment and evacuated two badly burned Filipino merchant seamen from a stricken oil tanker in the Somali Basin. The seamen from the Liberian registered Merchant Tanker Perla, were severely burned during a machinery fire which left the tanker powerless, adrift and vulnerable to pirate attack on June 7, 2013. Heavy seas required Newcastle’s embarked Sea Hawk helicopter to affect the rescue which winched a three-person medical team to Perla to treat and recover the seriously injured men shortly after dawn on June 8.
AUSINDEX Strengthens Ties Between Aus, Indian Navies
HMAS Newcastle’s capabilities proved invaluable during a complex warfare scenario involving Indian Navy Ships Shivalik and Kamorta during the Australia-India Exercise (AUSINDEX) held off the Western Australian coast. The ships headed out to sea, after a short harbour phase, to focus on the navies’ interoperability and improvement on their war fighting skills. Speaking from the bridge of Newcastle, Commanding Officer Commander Mark Sirois said AUSINDEX was an excellent opportunity to see both navies working together.
Rough Weather Force Australian Ports closure
A slow moving low pressure system is bringing severe weather conditions off the New South Wales coast, prompting port closures at Port Kembla and Sydney and the imposition of restrictions in Newcastle. Port Kembla remains closed with monitoring of the port entrance to continue. The port will re-open when conditions ease, which may not be until Thursday 23 April. In the Sydney area, Port Botany and Port Jackson have been closed since 0800 of 21 April. Monitoring will continue, but the ports could remain closed for next 48 hours.
HMAS Newcastle Visits India
Making her way north to commence duties as part of Operation MANITOU, HMAS Newcastle made a port visit to Cochin, India, further strengthening relationships recently made on exercise off Fremantle. As a continuation of Exercise AUSINDEX, the visit allowed for the strengthening of international relations between Australia and India, and gave the crew the opportunity to experience the wonderful culture India has to offer. There were many notable interactions between Newcastle and the Indian Navy which allowed each group to gain an appreciation for how the other operated.
HMAS Newcastle Steers for Home
HMAS Newcastle has handed over security operations for Operation SLIPPER in support of the Combined Maritime Forces (CMF) in the Middle East to HMAS Melbourne. Newcastle has provided maritime security around the Horn of Africa, conducted counter-piracy and anti-smuggling operations in the Gulf of Aden and executed counter-terrorism activities since May 28, 2013. The Guided Missile Frigate handed over to sister ship HMAS Melbourne on September 24, 2013. HMAS Newcastle's Commanding Officer…
HMAS Newcastle Seizes $1 bln in Narcotics
Royal Australian Navy frigate HMAS Newcastle patrolling with the Combined Maritime Forces in the Middle East region has seized another 581kg of illegal narcotics with an estimated street value of approximately $520 million. The half-tonne heroin haul is Newcastle’s fifth in two months and comes on the back of her recent 724kg narcotics seizure. Acting Commander of Australia’s Joint Task Force 633 Brigadier Nagy Sorial said the latest haul was the second largest in CMF history. Since February 2014, Australian ships assigned to JTF633 have seized more than 4 tonnes of heroin.
Newcastle Completes Operations with US 5th Fleet
HMAS Newcastle has completed an attachment with the US Navy’s 5th Fleet in the Arabian Gulf while deployed on maritime security operations in the Middle East region. During the two-week attachment supporting the USS Nimitz Carrier Strike Group (CSG-11), Newcastle conducted escort operations and a range of naval manoeuvres with USN ships. Commander of Australian Forces in the Middle East, Major General John Frewen, said Newcastle’s role directly supported the international effort…
HMAS Newcastle On Middle East Patrols
Royal Australian Navy frigate HMAS Newcastle has arrived in the Middle East Region and has commenced her first patrol as part of Operation MANITOU after officially joining the operation on May 1, 2015. Newcastle departed for her first patrol as part of a six-month rotation that will see her cover approximately 2.5 million square miles of international waters to conduct maritime security operations in the region. The ship’s Commanding Officer, Commander Dominic MacNamara, RAN, said Newcastle’s mission is to contribute to the maritime security and overall stability of the region.
Noble Denton Opens New UK Office
Offshore and marine consulting firm Noble Denton Group has expanded its UK presence with the opening of a new office in Newcastle-upon-Tyne. The move is part of an on-going period of global expansion for the company. Noble Denton Consultants Ltd., one of the UK operating companies of the Noble Denton Group, will operate from the Newcastle office in Seaton Burn where the new team has brought specialist skills in design and consultancy for ports, ships and marine operations, using state of the art structural and hydrodynamic tools to underpin their technical work. The office will also provide a base for the existing broad range of Noble Denton Consultants’ technical consultancy services. The new operation will be headed by David Byrne, general manager of Noble Denton Consultants Ltd.
Oz, NZ ships Seize $700 mi in Narcotics
Maritime security operations by Australian and New Zealand frigates operating in the Middle East region during the past six weeks have seized almost a tonne of narcotics worth an estimated street value of $711 million. Royal Australian Navy Guided Missile Frigate, HMAS Newcastle netted 724kg of narcotics worth an estimated $597 million. During the same operation, New Zealand ship HMNZS Te Kaha seized 257kg of narcotics worth an estimated $214 million. Patrolling as part of the Combined Maritime Forces…
LOC Strengthens Customer Support
New offices opened in Newcastle (UK) and Leeuwarden (Netherlands). LOC (London Offshore Consultants) opened two new offices to strengthen its service delivery in the North Sea region. Complementing existing LOC hubs in London, Aberdeen and Stavanger, the new offices – both opened on the same day (March, 14) – are located in Newcastle, U.K. and Leeuwarden, Netherlands. Both offices will deliver a range of services to the local customer base including marine engineering, naval architecture, civil engineering, renewable and mariner-related services. Peter Holloway, LOC’s regional director for Europe and Africa, explains why Newcastle and Leeuwarden were selected: “Newcastle…
Newcastle’s Operations Complete
HMAS Newcastle has rounded out her busy six-month deployment to the Middle East, completing some ‘firsts’ and ‘lasts’ for Australian Navy ships in the region. During her demanding deployment, she patrolled about 25,500 nautical miles or five times the distance around Australia. She conducted a range of Combined Maritime Forces operations, including an attachment in support of the USS Nimitz Carrier Strike Group, and trialled emerging naval capabilities. Commanding Officer, Commander Mark Sirois said the deployment included many highlights.
HMAS Newcastle Returns with Seized Heroin
HMAS Newcastle today returned triumphantly to Garden Island, Sydney, after seizing more than $1 billion in heroin in the Middle East region during her six-month Operation MANITOU deployment. The ship’s company of 228 was welcomed back by Commodore Warfare, Commodore Peter Leavy, RAN, along with family and friends. CDRE Leavy said Newcastle intercepted some 1.4 tonnes of heroin, valued at $1.2 billion. “This was a remarkable effort and denied terrorist organisations funding and…
Asian Coal Prices Spike Amidst Shipping Congestion
Over 500 ships waiting to load or unload coal; strong winter demand has driven coal, LNG and oil prices. Asian benchmark thermal coal prices have pushed to their highest levels since 2016, fuelled by demand in China and loading delays in Indonesia that have ramped up shipping congestion outside major coal ports. Spot cargo prices for Australian Newcastle coal have risen nearly 15 percent from lows in late November after China loosened import restrictions to help meet a winter fuel shortage.
Adsteam Marine Looks For Improved Profits
Tugboat operator Adsteam Marine Ltd. is aiming for improved profits in 1999/2000 after reporting a 1998/99 net profit of $11.1 million. The company achieved a 1997/98 net profit of $10.8 million. Managing director David Ryan said the company was enthusiastic about improved returns from its Newcastle operations, which were expected to return to profit this year. Ryan said earnings before interest, tax and abnormals had grown 5.8 percent in 1998/99 to $18.9 million. Revenue rose to $77.9 million from $70.2 million, with net earnings affected by a 23.2 percent higher tax provision. "The company was targeting further earnings growth in the current financial year - both from traditional operations and from newly acquired assets," he said.