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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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Saturday, 29 January 11
ANTAM ACQUIRES SAROLANGUN COAL MINING
According to Insider Stories, Nickel and gold miner PT Aneka Tambang Tbk (Antam) of Indonesia via its subsidiary PT Indonesia Coal Resources (ICR) h ...
Friday, 28 January 11
MPM SEEKS 40K TONS OF INDONESIAN COAL
An Indian paper producer Mysore Paper Mills Ltd., based in Bangalore is looking for 40,000 metric tons of non-coking coal of Indonesian o ...
Friday, 28 January 11
DRY BULK MARKET CLOSING IN TOWARDS CRISIS LEVELS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The trials and tribulations of the dry bulk market seem to have no end during the first month of 2011, as the industry’s benchmark, the Baltic ...
Wednesday, 26 January 11
ADANI TO SET-UP RAIL, PORT AND POWER PROJECTS IN INDONESIA - MONEYCONTROL
Moneycontrol reported that, Adani Enterprises, the flagship company of India’s infrastructure conglomerate the Adani Group, today announced th ...
Wednesday, 26 January 11
DRY BULK MARKET TAKES YET ANOTHER NOSEDIVE, CAPESIZES LOOK RATHER UNATTRACTIVE AT THE MOMENT - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The downturn of the dry bulk market sees no boundariers, disproving even those who thought that at least for the capesize market, the worst had pass ...
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- PNOC Exploration Corporation - Philippines
- Mercator Lines Limited - India
- Mjunction Services Limited - India
- Energy Development Corp, Philippines
- CNBM International Corporation - China
- Carbofer General Trading SA - India
- PetroVietnam Power Coal Import and Supply Company
- Samtan Co., Ltd - South Korea
- Africa Commodities Group - South Africa
- Sindya Power Generating Company Private Ltd
- VISA Power Limited - India
- IEA Clean Coal Centre - UK
- Kaltim Prima Coal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Neyveli Lignite Corporation Ltd, - India
- Chamber of Mines of South Africa
- Gujarat Mineral Development Corp Ltd - India
- Global Green Power PLC Corporation, Philippines
- Australian Coal Association
- McConnell Dowell - Australia
- Sical Logistics Limited - India
- Power Finance Corporation Ltd., India
- Kobexindo Tractors - Indoneisa
- Parliament of New Zealand
- Videocon Industries ltd - India
- Xindia Steels Limited - India
- Thiess Contractors Indonesia
- SMC Global Power, Philippines
- Pendopo Energi Batubara - Indonesia
- Orica Australia Pty. Ltd.
- Aditya Birla Group - India
- Cement Manufacturers Association - India
- CIMB Investment Bank - Malaysia
- Barasentosa Lestari - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bhoruka Overseas - Indonesia
- Kartika Selabumi Mining - Indonesia
- Rio Tinto Coal - Australia
- Goldman Sachs - Singapore
- Kideco Jaya Agung - Indonesia
- India Bulls Power Limited - India
- Karaikal Port Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Riau Bara Harum - Indonesia
- Singapore Mercantile Exchange
- Ambuja Cements Ltd - India
- Merrill Lynch Commodities Europe
- GMR Energy Limited - India
- Economic Council, Georgia
- ICICI Bank Limited - India
- PowerSource Philippines DevCo
- Eastern Coal Council - USA
- Anglo American - United Kingdom
- LBH Netherlands Bv - Netherlands
- Manunggal Multi Energi - Indonesia
- Chettinad Cement Corporation Ltd - India
- Indian Oil Corporation Limited
- TNB Fuel Sdn Bhd - Malaysia
- PTC India Limited - India
- Larsen & Toubro Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Siam City Cement - Thailand
- Eastern Energy - Thailand
- Gujarat Sidhee Cement - India
- Toyota Tsusho Corporation, Japan
- TeaM Sual Corporation - Philippines
- Timah Investasi Mineral - Indoneisa
- GVK Power & Infra Limited - India
- Latin American Coal - Colombia
- Salva Resources Pvt Ltd - India
- Standard Chartered Bank - UAE
- Sarangani Energy Corporation, Philippines
- Bulk Trading Sa - Switzerland
- Heidelberg Cement - Germany
- Star Paper Mills Limited - India
- Semirara Mining Corp, Philippines
- Georgia Ports Authority, United States
- Global Coal Blending Company Limited - Australia
- Jaiprakash Power Ventures ltd
- Therma Luzon, Inc, Philippines
- Banpu Public Company Limited - Thailand
- Medco Energi Mining Internasional
- Madhucon Powers Ltd - India
- The State Trading Corporation of India Ltd
- Indogreen Group - Indonesia
- London Commodity Brokers - England
- Bangladesh Power Developement Board
- European Bulk Services B.V. - Netherlands
- Altura Mining Limited, Indonesia
- Central Electricity Authority - India
- Formosa Plastics Group - Taiwan
- New Zealand Coal & Carbon
- Bhushan Steel Limited - India
- GAC Shipping (India) Pvt Ltd
- Leighton Contractors Pty Ltd - Australia
- Uttam Galva Steels Limited - India
- Coal and Oil Company - UAE
- Directorate General of MIneral and Coal - Indonesia
- Ind-Barath Power Infra Limited - India
- Sojitz Corporation - Japan
- Ministry of Mines - Canada
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Borneo Indobara - Indonesia
- Bayan Resources Tbk. - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Vedanta Resources Plc - India
- Miang Besar Coal Terminal - Indonesia
- White Energy Company Limited
- San Jose City I Power Corp, Philippines
- ASAPP Information Group - India
- Interocean Group of Companies - India
- Iligan Light & Power Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Deloitte Consulting - India
- Bharathi Cement Corporation - India
- Intertek Mineral Services - Indonesia
- Coalindo Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- Globalindo Alam Lestari - Indonesia
- Coastal Gujarat Power Limited - India
- Wood Mackenzie - Singapore
- Antam Resourcindo - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Simpson Spence & Young - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Trasteel International SA, Italy
- Bukit Baiduri Energy - Indonesia
- Parry Sugars Refinery, India
- Kalimantan Lumbung Energi - Indonesia
- Aboitiz Power Corporation - Philippines
- Renaissance Capital - South Africa
- Ministry of Finance - Indonesia
- Baramulti Group, Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Petron Corporation, Philippines
- South Luzon Thermal Energy Corporation
- Maheswari Brothers Coal Limited - India
- Oldendorff Carriers - Singapore
- Indonesian Coal Mining Association
- Kepco SPC Power Corporation, Philippines
- Electricity Authority, New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Sinarmas Energy and Mining - Indonesia
- Marubeni Corporation - India
- Savvy Resources Ltd - HongKong
- SMG Consultants - Indonesia
- Meralco Power Generation, Philippines
- Independent Power Producers Association of India
- AsiaOL BioFuels Corp., Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- SN Aboitiz Power Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- IHS Mccloskey Coal Group - USA
- Price Waterhouse Coopers - Russia
- The Treasury - Australian Government
- Indian Energy Exchange, India
- Energy Link Ltd, New Zealand
- Grasim Industreis Ltd - India
- Lanco Infratech Ltd - India
- Metalloyd Limited - United Kingdom
- Commonwealth Bank - Australia
- Global Business Power Corporation, Philippines
- Port Waratah Coal Services - Australia
- Orica Mining Services - Indonesia
- Edison Trading Spa - Italy
- Alfred C Toepfer International GmbH - Germany
- Bhatia International Limited - India
- Siam City Cement PLC, Thailand
- Makarim & Taira - Indonesia
- International Coal Ventures Pvt Ltd - India
- Sakthi Sugars Limited - India
- Tamil Nadu electricity Board
- Kumho Petrochemical, South Korea
- Electricity Generating Authority of Thailand
- OPG Power Generation Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- The University of Queensland
- Semirara Mining and Power Corporation, Philippines
- Mercuria Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- Ministry of Transport, Egypt
- Agrawal Coal Company - India
- Mintek Dendrill Indonesia
- Romanian Commodities Exchange
- Minerals Council of Australia
- Holcim Trading Pte Ltd - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Thai Mozambique Logistica
- Binh Thuan Hamico - Vietnam
- MS Steel International - UAE
- Tata Chemicals Ltd - India
- Dalmia Cement Bharat India
- Australian Commodity Traders Exchange
- Indo Tambangraya Megah - Indonesia
- Indika Energy - Indonesia
- Planning Commission, India
- Vizag Seaport Private Limited - India
- Meenaskhi Energy Private Limited - India
- Krishnapatnam Port Company Ltd. - India
- Wilmar Investment Holdings
- Attock Cement Pakistan Limited
- Jorong Barutama Greston.PT - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Jindal Steel & Power Ltd - India
- Directorate Of Revenue Intelligence - India
- Malabar Cements Ltd - India
- Central Java Power - Indonesia
- Essar Steel Hazira Ltd - India
- Posco Energy - South Korea
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