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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 ($1,670) per day in penalties.
To avoid that and continue exporting, he said, some traders who lack the proper license are using a miner’s license to export coal, which is illegal under the new law.
Source: The Jakarta Globe
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Wednesday, 27 April 11
DRY BULK MARKET LACKS ACTIVITY, RATES KEEP RETREATING - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the Easter Holidays for a large of the world now behind, the dry bulk market kept lacking activity on Tuesday, which led the Baltic Dry Index ( ...
Tuesday, 26 April 11
NTPC CALLS TENDER FOR 4 MLN TON OF NON-COKING COAL
COALspot.com - NTPC Limited, incorporated in 1975 as a public sector company wholly owned by Government of India, is the largest thermal power gener ...
Monday, 25 April 11
THE FUTURES FOR THREE YEARS WAS AT AROUND PANAMAX/US$ 14,000 PER DAY & SUPRAMAX/US$ 14,000 PER DAY - VISTAAR
COALspot.com - The freight market continued to soften further with all segments down except for the handy size which was marginally up by 10 points. ...
Saturday, 23 April 11
GUPTA COAL TO BAG ONE MILLION TONS OF COAL SUPPLY ORDER FROM KPCL AT AROUND US$ 127.53 PMT
COALspot.com - Karnataka Power Corporation (KPCL), a state utility of Karnataka, India has secured its one million tons of thermal coal with c ...
Saturday, 23 April 11
STRAITS ASIA SETS 11.5 MIO TONS OUTPUT - INSIDER STORIES
Insider Stories reported that, Singapore-listed Straits Asia Resources Limited plans to jack up its coal output target of 8.5% to 11.5 million tons ...
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- Pendopo Energi Batubara - Indonesia
- Parry Sugars Refinery, India
- Leighton Contractors Pty Ltd - Australia
- Africa Commodities Group - South Africa
- Carbofer General Trading SA - India
- Asmin Koalindo Tuhup - Indonesia
- Indonesian Coal Mining Association
- Anglo American - United Kingdom
- New Zealand Coal & Carbon
- Sree Jayajothi Cements Limited - India
- Coastal Gujarat Power Limited - India
- Bukit Baiduri Energy - Indonesia
- Mintek Dendrill Indonesia
- Deloitte Consulting - India
- Kumho Petrochemical, South Korea
- Trasteel International SA, Italy
- Xindia Steels Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- SN Aboitiz Power Inc, Philippines
- SMG Consultants - Indonesia
- Posco Energy - South Korea
- Kalimantan Lumbung Energi - Indonesia
- Aditya Birla Group - India
- Vizag Seaport Private Limited - India
- PNOC Exploration Corporation - Philippines
- Dalmia Cement Bharat India
- Riau Bara Harum - Indonesia
- Intertek Mineral Services - Indonesia
- Eastern Energy - Thailand
- AsiaOL BioFuels Corp., Philippines
- Parliament of New Zealand
- Sindya Power Generating Company Private Ltd
- Bukit Makmur.PT - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Sakthi Sugars Limited - India
- Sical Logistics Limited - India
- Toyota Tsusho Corporation, Japan
- Rio Tinto Coal - Australia
- Eastern Coal Council - USA
- Renaissance Capital - South Africa
- Barasentosa Lestari - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Ambuja Cements Ltd - India
- Globalindo Alam Lestari - Indonesia
- Marubeni Corporation - India
- Edison Trading Spa - Italy
- South Luzon Thermal Energy Corporation
- Standard Chartered Bank - UAE
- VISA Power Limited - India
- Holcim Trading Pte Ltd - Singapore
- London Commodity Brokers - England
- Aboitiz Power Corporation - Philippines
- Central Java Power - Indonesia
- Global Coal Blending Company Limited - Australia
- Global Business Power Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Sarangani Energy Corporation, Philippines
- Lanco Infratech Ltd - India
- PowerSource Philippines DevCo
- Iligan Light & Power Inc, Philippines
- The Treasury - Australian Government
- Petrochimia International Co. Ltd.- Taiwan
- Grasim Industreis Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Tamil Nadu electricity Board
- Kaltim Prima Coal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Energy Link Ltd, New Zealand
- Power Finance Corporation Ltd., India
- Neyveli Lignite Corporation Ltd, - India
- Bhoruka Overseas - Indonesia
- Siam City Cement PLC, Thailand
- Samtan Co., Ltd - South Korea
- IEA Clean Coal Centre - UK
- Mercator Lines Limited - India
- Simpson Spence & Young - Indonesia
- Indian Energy Exchange, India
- Larsen & Toubro Limited - India
- White Energy Company Limited
- Baramulti Group, Indonesia
- Maheswari Brothers Coal Limited - India
- Medco Energi Mining Internasional
- Makarim & Taira - Indonesia
- Australian Coal Association
- Bahari Cakrawala Sebuku - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Australian Commodity Traders Exchange
- Kideco Jaya Agung - Indonesia
- Chettinad Cement Corporation Ltd - India
- Star Paper Mills Limited - India
- Mjunction Services Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Minerals Council of Australia
- India Bulls Power Limited - India
- Coal and Oil Company - UAE
- Cigading International Bulk Terminal - Indonesia
- Bhushan Steel Limited - India
- Orica Australia Pty. Ltd.
- Timah Investasi Mineral - Indoneisa
- Port Waratah Coal Services - Australia
- The University of Queensland
- MS Steel International - UAE
- Merrill Lynch Commodities Europe
- Savvy Resources Ltd - HongKong
- Thiess Contractors Indonesia
- Oldendorff Carriers - Singapore
- Semirara Mining and Power Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Siam City Cement - Thailand
- Mercuria Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Sojitz Corporation - Japan
- Straits Asia Resources Limited - Singapore
- Wood Mackenzie - Singapore
- Kartika Selabumi Mining - Indonesia
- ASAPP Information Group - India
- Attock Cement Pakistan Limited
- Meenaskhi Energy Private Limited - India
- Petron Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- IHS Mccloskey Coal Group - USA
- GVK Power & Infra Limited - India
- Georgia Ports Authority, United States
- Bharathi Cement Corporation - India
- PetroVietnam Power Coal Import and Supply Company
- Commonwealth Bank - Australia
- Vedanta Resources Plc - India
- Latin American Coal - Colombia
- Videocon Industries ltd - India
- Meralco Power Generation, Philippines
- Planning Commission, India
- Therma Luzon, Inc, Philippines
- Indika Energy - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Orica Mining Services - Indonesia
- Banpu Public Company Limited - Thailand
- Global Green Power PLC Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Chamber of Mines of South Africa
- European Bulk Services B.V. - Netherlands
- Ministry of Mines - Canada
- Wilmar Investment Holdings
- Jaiprakash Power Ventures ltd
- Heidelberg Cement - Germany
- Manunggal Multi Energi - Indonesia
- Energy Development Corp, Philippines
- Malabar Cements Ltd - India
- Directorate Of Revenue Intelligence - India
- Coalindo Energy - Indonesia
- Independent Power Producers Association of India
- GMR Energy Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- San Jose City I Power Corp, Philippines
- Binh Thuan Hamico - Vietnam
- International Coal Ventures Pvt Ltd - India
- Ministry of Finance - Indonesia
- Altura Mining Limited, Indonesia
- Uttam Galva Steels Limited - India
- Singapore Mercantile Exchange
- Metalloyd Limited - United Kingdom
- Jindal Steel & Power Ltd - India
- Goldman Sachs - Singapore
- TeaM Sual Corporation - Philippines
- SMC Global Power, Philippines
- Gujarat Sidhee Cement - India
- Economic Council, Georgia
- Ministry of Transport, Egypt
- GN Power Mariveles Coal Plant, Philippines
- Cement Manufacturers Association - India
- GAC Shipping (India) Pvt Ltd
- Alfred C Toepfer International GmbH - Germany
- Bayan Resources Tbk. - Indonesia
- Essar Steel Hazira Ltd - India
- Ceylon Electricity Board - Sri Lanka
- ICICI Bank Limited - India
- Madhucon Powers Ltd - India
- Bangladesh Power Developement Board
- Interocean Group of Companies - India
- Electricity Generating Authority of Thailand
- Jorong Barutama Greston.PT - Indonesia
- Bulk Trading Sa - Switzerland
- Agrawal Coal Company - India
- Price Waterhouse Coopers - Russia
- Miang Besar Coal Terminal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Karbindo Abesyapradhi - Indoneisa
- Central Electricity Authority - India
- CIMB Investment Bank - Malaysia
- Kepco SPC Power Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Gujarat Mineral Development Corp Ltd - India
- Semirara Mining Corp, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Romanian Commodities Exchange
- Salva Resources Pvt Ltd - India
- Thai Mozambique Logistica
- Karaikal Port Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Electricity Authority, New Zealand
- CNBM International Corporation - China
- PTC India Limited - India
- The State Trading Corporation of India Ltd
- OPG Power Generation Pvt Ltd - India
- Tata Chemicals Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Indo Tambangraya Megah - Indonesia
- Indian Oil Corporation Limited
- McConnell Dowell - Australia
- Bhatia International Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Borneo Indobara - Indonesia
- Antam Resourcindo - Indonesia
- LBH Netherlands Bv - Netherlands
- Indogreen Group - Indonesia
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