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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, 29 March 11
JAPAN FACTOR RIPPLING THROUGH THE SHIPPING MARKETS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the world watching the latest developments regarding the nuclear crisis in Japan and the devastating effects of the recent tragedy that struck ...
Tuesday, 29 March 11
DUTY EXEMPTION UNLIKELY TO IMPACT COKING COAL PRICES - PTI NEWS
Press Trust of India News reported that, the exemption to certain types of coking coal from customs duty is not likely to impact steel prices at pre ...
Monday, 28 March 11
HARUM ENERGY FY10 EARNING UP 7.23% - INSIDER STORIES
Thermal coal producer PT Harum Energy Tbk (HRUM), controlled by Indonesian businessman Kiki Barki through his son Lawrence Barki, posted a slight in ...
Monday, 28 March 11
IBT RAISES CAPACITY OF PULAU LAUT TERMINAL - THE JAKARTA POST
The Jakarta Post reported that, coal infrastructure and logistics firm PT Indonesia Bulk Terminal (IBT), a subsidiary of PT Adaro Energy Tbk, plans ...
Saturday, 26 March 11
THE FREIGHT MARKET REMAINED A BIT VOLATILE THIS WEEK - CAPT. REDDY
COALspot.com - "The freight market remained a bit volatile this week", says Capt. Reddy, director of Vistaar Shipping Singapore.
Howeve ...
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- Mercuria Energy - Indonesia
- Eastern Coal Council - USA
- Miang Besar Coal Terminal - Indonesia
- Bangladesh Power Developement Board
- Simpson Spence & Young - Indonesia
- Commonwealth Bank - Australia
- Jaiprakash Power Ventures ltd
- Coalindo Energy - Indonesia
- Sical Logistics Limited - India
- Billiton Holdings Pty Ltd - Australia
- The State Trading Corporation of India Ltd
- Uttam Galva Steels Limited - India
- Manunggal Multi Energi - Indonesia
- Coastal Gujarat Power Limited - India
- Siam City Cement - Thailand
- Toyota Tsusho Corporation, Japan
- Karaikal Port Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Xindia Steels Limited - India
- Marubeni Corporation - India
- Bulk Trading Sa - Switzerland
- MS Steel International - UAE
- Bhoruka Overseas - Indonesia
- Binh Thuan Hamico - Vietnam
- Directorate Of Revenue Intelligence - India
- Trasteel International SA, Italy
- Alfred C Toepfer International GmbH - Germany
- Gujarat Electricity Regulatory Commission - India
- Riau Bara Harum - Indonesia
- Ministry of Transport, Egypt
- Mintek Dendrill Indonesia
- Attock Cement Pakistan Limited
- Kepco SPC Power Corporation, Philippines
- Global Business Power Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Sree Jayajothi Cements Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sinarmas Energy and Mining - Indonesia
- Georgia Ports Authority, United States
- Lanco Infratech Ltd - India
- Edison Trading Spa - Italy
- Orica Mining Services - Indonesia
- The Treasury - Australian Government
- Eastern Energy - Thailand
- Energy Development Corp, Philippines
- Straits Asia Resources Limited - Singapore
- Central Electricity Authority - India
- Power Finance Corporation Ltd., India
- CIMB Investment Bank - Malaysia
- Timah Investasi Mineral - Indoneisa
- San Jose City I Power Corp, Philippines
- Thiess Contractors Indonesia
- Indo Tambangraya Megah - Indonesia
- Semirara Mining Corp, Philippines
- Baramulti Group, Indonesia
- ASAPP Information Group - India
- Thai Mozambique Logistica
- Electricity Authority, New Zealand
- Sindya Power Generating Company Private Ltd
- Kapuas Tunggal Persada - Indonesia
- Aditya Birla Group - India
- Parliament of New Zealand
- Vijayanagar Sugar Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Kartika Selabumi Mining - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Bayan Resources Tbk. - Indonesia
- Rio Tinto Coal - Australia
- Formosa Plastics Group - Taiwan
- LBH Netherlands Bv - Netherlands
- Borneo Indobara - Indonesia
- Cement Manufacturers Association - India
- Semirara Mining and Power Corporation, Philippines
- Wood Mackenzie - Singapore
- Australian Commodity Traders Exchange
- Parry Sugars Refinery, India
- GAC Shipping (India) Pvt Ltd
- Bahari Cakrawala Sebuku - Indonesia
- Goldman Sachs - Singapore
- Oldendorff Carriers - Singapore
- Jindal Steel & Power Ltd - India
- Mercator Lines Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Electricity Generating Authority of Thailand
- Price Waterhouse Coopers - Russia
- Planning Commission, India
- Essar Steel Hazira Ltd - India
- Anglo American - United Kingdom
- Global Coal Blending Company Limited - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Asmin Koalindo Tuhup - Indonesia
- Posco Energy - South Korea
- Bharathi Cement Corporation - India
- Kohat Cement Company Ltd. - Pakistan
- TNB Fuel Sdn Bhd - Malaysia
- Kaltim Prima Coal - Indonesia
- Intertek Mineral Services - Indonesia
- Chettinad Cement Corporation Ltd - India
- Tamil Nadu electricity Board
- London Commodity Brokers - England
- Karbindo Abesyapradhi - Indoneisa
- CNBM International Corporation - China
- Global Green Power PLC Corporation, Philippines
- Chamber of Mines of South Africa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PowerSource Philippines DevCo
- Economic Council, Georgia
- OPG Power Generation Pvt Ltd - India
- Meralco Power Generation, Philippines
- Ministry of Finance - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Indian Energy Exchange, India
- Madhucon Powers Ltd - India
- Standard Chartered Bank - UAE
- Neyveli Lignite Corporation Ltd, - India
- Orica Australia Pty. Ltd.
- Africa Commodities Group - South Africa
- Gujarat Mineral Development Corp Ltd - India
- Larsen & Toubro Limited - India
- Central Java Power - Indonesia
- Vizag Seaport Private Limited - India
- Latin American Coal - Colombia
- Coal and Oil Company - UAE
- Ceylon Electricity Board - Sri Lanka
- Romanian Commodities Exchange
- PTC India Limited - India
- Bukit Makmur.PT - Indonesia
- IHS Mccloskey Coal Group - USA
- Asia Pacific Energy Resources Ventures Inc, Philippines
- White Energy Company Limited
- Medco Energi Mining Internasional
- Sojitz Corporation - Japan
- SMC Global Power, Philippines
- Samtan Co., Ltd - South Korea
- Meenaskhi Energy Private Limited - India
- Heidelberg Cement - Germany
- Makarim & Taira - Indonesia
- ICICI Bank Limited - India
- Barasentosa Lestari - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kalimantan Lumbung Energi - Indonesia
- New Zealand Coal & Carbon
- GMR Energy Limited - India
- Salva Resources Pvt Ltd - India
- Sakthi Sugars Limited - India
- Videocon Industries ltd - India
- Indonesian Coal Mining Association
- Independent Power Producers Association of India
- Grasim Industreis Ltd - India
- McConnell Dowell - Australia
- Therma Luzon, Inc, Philippines
- Interocean Group of Companies - India
- Gujarat Sidhee Cement - India
- GN Power Mariveles Coal Plant, Philippines
- VISA Power Limited - India
- Banpu Public Company Limited - Thailand
- Carbofer General Trading SA - India
- Singapore Mercantile Exchange
- Wilmar Investment Holdings
- Star Paper Mills Limited - India
- Renaissance Capital - South Africa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Merrill Lynch Commodities Europe
- GVK Power & Infra Limited - India
- The University of Queensland
- Antam Resourcindo - Indonesia
- Indika Energy - Indonesia
- Tata Chemicals Ltd - India
- Minerals Council of Australia
- Port Waratah Coal Services - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Petron Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Pendopo Energi Batubara - Indonesia
- International Coal Ventures Pvt Ltd - India
- Bhushan Steel Limited - India
- South Luzon Thermal Energy Corporation
- Maheswari Brothers Coal Limited - India
- Siam City Cement PLC, Thailand
- IEA Clean Coal Centre - UK
- Indogreen Group - Indonesia
- SN Aboitiz Power Inc, Philippines
- European Bulk Services B.V. - Netherlands
- Leighton Contractors Pty Ltd - Australia
- Bhatia International Limited - India
- PNOC Exploration Corporation - Philippines
- Kideco Jaya Agung - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Altura Mining Limited, Indonesia
- Kumho Petrochemical, South Korea
- Ambuja Cements Ltd - India
- Australian Coal Association
- Rashtriya Ispat Nigam Limited - India
- Agrawal Coal Company - India
- Ministry of Mines - Canada
- Bukit Baiduri Energy - Indonesia
- Malabar Cements Ltd - India
- SMG Consultants - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- India Bulls Power Limited - India
- Mjunction Services Limited - India
- Dalmia Cement Bharat India
- Sarangani Energy Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Jorong Barutama Greston.PT - Indonesia
- Indian Oil Corporation Limited
- Deloitte Consulting - India
- Vedanta Resources Plc - India
- Ind-Barath Power Infra Limited - India
- Holcim Trading Pte Ltd - Singapore
- Metalloyd Limited - United Kingdom
- Globalindo Alam Lestari - Indonesia
- TeaM Sual Corporation - Philippines
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