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Friday, 28 January 11
TRADING PERMIT DELAYS THREATEN EXPORTS - THE JAKARTA GLOBE
 The Jakarta Globe reported that, an ongoing wrangle over licenses for mining traders could hurt investment, a coal mining association chief said on Thursday.
“It will create a negative impression for coal mining investors in the future,” Supriatna Suhala, executive director of the Indonesian Coal Mining Association (APBI), said on Thursday.
A new mining law requires traders to convert their old permits to the mining business license issued by the Energy and Mineral Resources Ministry before they are allowed to ship products overseas, Bloomberg reported on Wednesday.
The law was passed in 2009 with the aim of controlling minerals and coal mining.
Djunaedi, head of mining exports at the Trade Ministry, said the delay in issuing trading permits had disrupted commodity exports.
He said the Energy Ministry halted the process for giving out the licenses while waiting for Energy Minister Darwin Zahedi Saleh to sign off on the licenses.
Witoro Soelarno, secretary to the director general of coal and minerals, said the new law required traders to have permits to ship products. “Smuggling might happen if we don’t control our administration database,” he told the Jakarta Globe.
The government issues different licenses to miners, sellers and traders. Companies that ship coal or other mining products are considered traders.
Supriatna said traders had filed a protest with the Energy Ministry but refused to say how many. The APBI also sent a protest letter to Darwin.
“I think the problem is with the minister, because the licenses must be signed by the minister. He must delegate it to the Directorate General of Mining and Coal,” Supriatna said.
The pending licenses could force delays and cost traders Rp 15 million ($1,670) per day in penalties.
To avoid that and continue exporting, he said, some traders who lack the proper license are using a miner’s license to export coal, which is illegal under the new law.
Source: The Jakarta Globe
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Tuesday, 10 May 11
DRY BULK MARKET KEEPS ON RISING, OUTLOOK MIXED - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market inched forward once again on Monday, with the Baltic Dry Index rising by 0.6% to 1,348, although the Capesize market was 0.57% l ...
Monday, 09 May 11
THAILAND COAL IMPORTS SURGE IN Q1 - ICAP SHIPPING
Thailand's coal imports leapt 20% in Q1 and the country looks set to import its largest ever volume in 2011 as quoted by ICAP Shipping web site.
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Monday, 09 May 11
KOSPO SEEKING 65KT STEAMING COAL
COALspot.com - Korea Southern Power Co (KOSPO) issues tender for 65000 Mt of Steaming Coal Supply with a minimum CV of 4,500 kcal/kg on NAR basis. D ...
Monday, 09 May 11
INDONESIA HBA FALL BELOW $118
COALspot.com - Ministry of Energy and Mineral Resources of Indonesia has set the May 2011 Indonesian Coal Reference Price for thermal coal at US$ 11 ...
Monday, 09 May 11
DIAN SWASTATIKA Q1 PROFIT SOARS 511 PERCENT - INSIDER STORIES
PT Dian Swastatika Sentosa Tbk (DSSA), parent of coal miner PT Golden Energy Mines, reported a 511.73% jump in net profit for the first quarter of t ...
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- Krishnapatnam Port Company Ltd. - India
- Siam City Cement - Thailand
- Asmin Koalindo Tuhup - Indonesia
- Videocon Industries ltd - India
- Baramulti Group, Indonesia
- MS Steel International - UAE
- Eastern Coal Council - USA
- Price Waterhouse Coopers - Russia
- Thiess Contractors Indonesia
- The State Trading Corporation of India Ltd
- Parliament of New Zealand
- Gujarat Electricity Regulatory Commission - India
- Romanian Commodities Exchange
- Xindia Steels Limited - India
- Coal and Oil Company - UAE
- Timah Investasi Mineral - Indoneisa
- Indogreen Group - Indonesia
- Edison Trading Spa - Italy
- Orica Australia Pty. Ltd.
- Savvy Resources Ltd - HongKong
- Electricity Authority, New Zealand
- Interocean Group of Companies - India
- Bukit Asam (Persero) Tbk - Indonesia
- Sakthi Sugars Limited - India
- IHS Mccloskey Coal Group - USA
- Bayan Resources Tbk. - Indonesia
- Georgia Ports Authority, United States
- Ministry of Finance - Indonesia
- Formosa Plastics Group - Taiwan
- Holcim Trading Pte Ltd - Singapore
- Renaissance Capital - South Africa
- Bangladesh Power Developement Board
- GMR Energy Limited - India
- Dalmia Cement Bharat India
- Commonwealth Bank - Australia
- Therma Luzon, Inc, Philippines
- Chettinad Cement Corporation Ltd - India
- GAC Shipping (India) Pvt Ltd
- Riau Bara Harum - Indonesia
- Sinarmas Energy and Mining - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Antam Resourcindo - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Oldendorff Carriers - Singapore
- Billiton Holdings Pty Ltd - Australia
- Rashtriya Ispat Nigam Limited - India
- Economic Council, Georgia
- Vizag Seaport Private Limited - India
- Ambuja Cements Ltd - India
- Central Electricity Authority - India
- Gujarat Mineral Development Corp Ltd - India
- Africa Commodities Group - South Africa
- Tamil Nadu electricity Board
- Pendopo Energi Batubara - Indonesia
- Malabar Cements Ltd - India
- Parry Sugars Refinery, India
- Sindya Power Generating Company Private Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- VISA Power Limited - India
- London Commodity Brokers - England
- Alfred C Toepfer International GmbH - Germany
- Mintek Dendrill Indonesia
- International Coal Ventures Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Banpu Public Company Limited - Thailand
- Meralco Power Generation, Philippines
- Deloitte Consulting - India
- Samtan Co., Ltd - South Korea
- Mercator Lines Limited - India
- Binh Thuan Hamico - Vietnam
- San Jose City I Power Corp, Philippines
- PNOC Exploration Corporation - Philippines
- Ministry of Transport, Egypt
- OPG Power Generation Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Sical Logistics Limited - India
- Altura Mining Limited, Indonesia
- Latin American Coal - Colombia
- Rio Tinto Coal - Australia
- Kapuas Tunggal Persada - Indonesia
- Global Coal Blending Company Limited - Australia
- Bukit Makmur.PT - Indonesia
- Coastal Gujarat Power Limited - India
- Standard Chartered Bank - UAE
- Tata Chemicals Ltd - India
- SMC Global Power, Philippines
- Heidelberg Cement - Germany
- Port Waratah Coal Services - Australia
- Indika Energy - Indonesia
- Merrill Lynch Commodities Europe
- Jindal Steel & Power Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Energy Link Ltd, New Zealand
- Star Paper Mills Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Petron Corporation, Philippines
- Grasim Industreis Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Kalimantan Lumbung Energi - Indonesia
- Bharathi Cement Corporation - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mercuria Energy - Indonesia
- Jaiprakash Power Ventures ltd
- The Treasury - Australian Government
- Sarangani Energy Corporation, Philippines
- Larsen & Toubro Limited - India
- Directorate Of Revenue Intelligence - India
- CNBM International Corporation - China
- Anglo American - United Kingdom
- Makarim & Taira - Indonesia
- Chamber of Mines of South Africa
- New Zealand Coal & Carbon
- Indian Energy Exchange, India
- Cement Manufacturers Association - India
- Global Green Power PLC Corporation, Philippines
- Wilmar Investment Holdings
- Borneo Indobara - Indonesia
- PowerSource Philippines DevCo
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Wood Mackenzie - Singapore
- Semirara Mining and Power Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Leighton Contractors Pty Ltd - Australia
- GVK Power & Infra Limited - India
- Electricity Generating Authority of Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Planning Commission, India
- Salva Resources Pvt Ltd - India
- Posco Energy - South Korea
- Ind-Barath Power Infra Limited - India
- CIMB Investment Bank - Malaysia
- Madhucon Powers Ltd - India
- India Bulls Power Limited - India
- Orica Mining Services - Indonesia
- Ministry of Mines - Canada
- Pipit Mutiara Jaya. PT, Indonesia
- Barasentosa Lestari - Indonesia
- Simpson Spence & Young - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- McConnell Dowell - Australia
- Vedanta Resources Plc - India
- Semirara Mining Corp, Philippines
- South Luzon Thermal Energy Corporation
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Minerals Council of Australia
- Eastern Energy - Thailand
- PetroVietnam Power Coal Import and Supply Company
- Kideco Jaya Agung - Indonesia
- Bukit Baiduri Energy - Indonesia
- Metalloyd Limited - United Kingdom
- Kumho Petrochemical, South Korea
- Miang Besar Coal Terminal - Indonesia
- ICICI Bank Limited - India
- Uttam Galva Steels Limited - India
- Indian Oil Corporation Limited
- Thai Mozambique Logistica
- Aditya Birla Group - India
- Energy Development Corp, Philippines
- Maheswari Brothers Coal Limited - India
- TeaM Sual Corporation - Philippines
- White Energy Company Limited
- Globalindo Alam Lestari - Indonesia
- The University of Queensland
- Gujarat Sidhee Cement - India
- Australian Commodity Traders Exchange
- Power Finance Corporation Ltd., India
- LBH Netherlands Bv - Netherlands
- Cigading International Bulk Terminal - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- IEA Clean Coal Centre - UK
- Carbofer General Trading SA - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sree Jayajothi Cements Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Sojitz Corporation - Japan
- Bhushan Steel Limited - India
- Lanco Infratech Ltd - India
- Independent Power Producers Association of India
- Essar Steel Hazira Ltd - India
- Meenaskhi Energy Private Limited - India
- Aboitiz Power Corporation - Philippines
- Kepco SPC Power Corporation, Philippines
- Trasteel International SA, Italy
- Singapore Mercantile Exchange
- Kobexindo Tractors - Indoneisa
- Marubeni Corporation - India
- Mjunction Services Limited - India
- Central Java Power - Indonesia
- Australian Coal Association
- Karbindo Abesyapradhi - Indoneisa
- Bahari Cakrawala Sebuku - Indonesia
- SMG Consultants - Indonesia
- Toyota Tsusho Corporation, Japan
- SN Aboitiz Power Inc, Philippines
- Straits Asia Resources Limited - Singapore
- Indonesian Coal Mining Association
- Vijayanagar Sugar Pvt Ltd - India
- Bhatia International Limited - India
- Manunggal Multi Energi - Indonesia
- Kaltim Prima Coal - Indonesia
- ASAPP Information Group - India
- Bulk Trading Sa - Switzerland
- Siam City Cement PLC, Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Global Business Power Corporation, Philippines
- Attock Cement Pakistan Limited
- Agrawal Coal Company - India
- Indo Tambangraya Megah - Indonesia
- Goldman Sachs - Singapore
- Intertek Mineral Services - Indonesia
- PTC India Limited - India
- European Bulk Services B.V. - Netherlands
- Coalindo Energy - Indonesia
- Medco Energi Mining Internasional
- Karaikal Port Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
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