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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, 25 January 11
DRY BULK RATES CONTINUED TO TUMBLE LAST WEEK - BRS
With weather-related problems affecting the short-term outlook, and new building deliveries the longer-term picture, dry bulk rates continued to tum ...
Tuesday, 25 January 11
R-POWER TO INVEST $5BN IN INDONESIA - THE TIMES OF INDIA
The Times of India reported that, In what is being seen as one of the largest foreign investments in Indonesia, Reliance Power will infuse $5 billio ...
Monday, 24 January 11
GOVT PROMISES COAL FOR PLN DESPITE PRICE SPIKES - THE JAKARTA POST
The Jakarta Post reported that, the government says state electricity company PT PLN will receive enough coal to fire its power plants, despite pric ...
Monday, 24 January 11
DRY BULK MARKETS DOWNTURN SEES NO RELIEF - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has kept falling for yet another week, with the industry’s benchmark, the Baltic Dry Index (BDI) losing an additional 4.79 ...
Sunday, 23 January 11
THE AVERAGE CHARTER RATE FOR CAPE SIZE VESSELS WAS AT $ 8,859 PD ALMOST CLOSE TO 2008 LOWS - VISTAAR
COALspot.com - The BDI continues to drop and saw a drop of about 5 pct this week closing at 1,370 points. “ In May 2010 the BDI touched ...
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- South Luzon Thermal Energy Corporation
- Directorate Of Revenue Intelligence - India
- Pendopo Energi Batubara - Indonesia
- Eastern Energy - Thailand
- Australian Commodity Traders Exchange
- Marubeni Corporation - India
- Bhushan Steel Limited - India
- Samtan Co., Ltd - South Korea
- Coal and Oil Company - UAE
- Gujarat Electricity Regulatory Commission - India
- Electricity Authority, New Zealand
- Metalloyd Limited - United Kingdom
- Chamber of Mines of South Africa
- Antam Resourcindo - Indonesia
- Independent Power Producers Association of India
- Carbofer General Trading SA - India
- Larsen & Toubro Limited - India
- Kobexindo Tractors - Indoneisa
- Meenaskhi Energy Private Limited - India
- Jorong Barutama Greston.PT - Indonesia
- MS Steel International - UAE
- Holcim Trading Pte Ltd - Singapore
- Makarim & Taira - Indonesia
- Malabar Cements Ltd - India
- International Coal Ventures Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Kohat Cement Company Ltd. - Pakistan
- Economic Council, Georgia
- European Bulk Services B.V. - Netherlands
- Baramulti Group, Indonesia
- The State Trading Corporation of India Ltd
- Parry Sugars Refinery, India
- Gujarat Sidhee Cement - India
- Toyota Tsusho Corporation, Japan
- IEA Clean Coal Centre - UK
- Energy Development Corp, Philippines
- Merrill Lynch Commodities Europe
- Vizag Seaport Private Limited - India
- Coalindo Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Kumho Petrochemical, South Korea
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- San Jose City I Power Corp, Philippines
- Siam City Cement - Thailand
- Bukit Makmur.PT - Indonesia
- Manunggal Multi Energi - Indonesia
- Bhatia International Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Borneo Indobara - Indonesia
- Medco Energi Mining Internasional
- Global Green Power PLC Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- ASAPP Information Group - India
- Meralco Power Generation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Banpu Public Company Limited - Thailand
- OPG Power Generation Pvt Ltd - India
- Singapore Mercantile Exchange
- Cement Manufacturers Association - India
- Thai Mozambique Logistica
- Billiton Holdings Pty Ltd - Australia
- Mercator Lines Limited - India
- PNOC Exploration Corporation - Philippines
- TeaM Sual Corporation - Philippines
- Ambuja Cements Ltd - India
- Salva Resources Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Ministry of Mines - Canada
- White Energy Company Limited
- Heidelberg Cement - Germany
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bangladesh Power Developement Board
- Simpson Spence & Young - Indonesia
- Electricity Generating Authority of Thailand
- Riau Bara Harum - Indonesia
- Ministry of Transport, Egypt
- Xindia Steels Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Lanco Infratech Ltd - India
- Australian Coal Association
- Minerals Council of Australia
- PetroVietnam Power Coal Import and Supply Company
- Tamil Nadu electricity Board
- Sical Logistics Limited - India
- Videocon Industries ltd - India
- GMR Energy Limited - India
- London Commodity Brokers - England
- Anglo American - United Kingdom
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- CNBM International Corporation - China
- Indian Energy Exchange, India
- Star Paper Mills Limited - India
- Global Coal Blending Company Limited - Australia
- Central Electricity Authority - India
- Interocean Group of Companies - India
- GVK Power & Infra Limited - India
- Maheswari Brothers Coal Limited - India
- Krishnapatnam Port Company Ltd. - India
- Siam City Cement PLC, Thailand
- Miang Besar Coal Terminal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Planning Commission, India
- Power Finance Corporation Ltd., India
- Gujarat Mineral Development Corp Ltd - India
- Therma Luzon, Inc, Philippines
- Parliament of New Zealand
- Tata Chemicals Ltd - India
- Posco Energy - South Korea
- Chettinad Cement Corporation Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Bulk Trading Sa - Switzerland
- Trasteel International SA, Italy
- Commonwealth Bank - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Port Waratah Coal Services - Australia
- Edison Trading Spa - Italy
- Ind-Barath Power Infra Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Bhoruka Overseas - Indonesia
- Wood Mackenzie - Singapore
- Karbindo Abesyapradhi - Indoneisa
- New Zealand Coal & Carbon
- Indogreen Group - Indonesia
- Jindal Steel & Power Ltd - India
- Coastal Gujarat Power Limited - India
- Ceylon Electricity Board - Sri Lanka
- Attock Cement Pakistan Limited
- SMG Consultants - Indonesia
- Agrawal Coal Company - India
- Aditya Birla Group - India
- Aboitiz Power Corporation - Philippines
- Cigading International Bulk Terminal - Indonesia
- Wilmar Investment Holdings
- Asmin Koalindo Tuhup - Indonesia
- The Treasury - Australian Government
- India Bulls Power Limited - India
- Indo Tambangraya Megah - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Karaikal Port Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Latin American Coal - Colombia
- Renaissance Capital - South Africa
- McConnell Dowell - Australia
- Straits Asia Resources Limited - Singapore
- Deloitte Consulting - India
- Indonesian Coal Mining Association
- Price Waterhouse Coopers - Russia
- GAC Shipping (India) Pvt Ltd
- Ministry of Finance - Indonesia
- Petron Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Kaltim Prima Coal - Indonesia
- Formosa Plastics Group - Taiwan
- Indian Oil Corporation Limited
- CIMB Investment Bank - Malaysia
- Vedanta Resources Plc - India
- Madhucon Powers Ltd - India
- Kartika Selabumi Mining - Indonesia
- Barasentosa Lestari - Indonesia
- Kepco SPC Power Corporation, Philippines
- Uttam Galva Steels Limited - India
- Orica Mining Services - Indonesia
- Rio Tinto Coal - Australia
- Global Business Power Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- ICICI Bank Limited - India
- Grasim Industreis Ltd - India
- Binh Thuan Hamico - Vietnam
- PowerSource Philippines DevCo
- Jaiprakash Power Ventures ltd
- Goldman Sachs - Singapore
- Leighton Contractors Pty Ltd - Australia
- Indika Energy - Indonesia
- Timah Investasi Mineral - Indoneisa
- Savvy Resources Ltd - HongKong
- Mercuria Energy - Indonesia
- Eastern Coal Council - USA
- Essar Steel Hazira Ltd - India
- Georgia Ports Authority, United States
- Standard Chartered Bank - UAE
- Orica Australia Pty. Ltd.
- Thiess Contractors Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Iligan Light & Power Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- Romanian Commodities Exchange
- Sinarmas Energy and Mining - Indonesia
- Semirara Mining Corp, Philippines
- Altura Mining Limited, Indonesia
- Sindya Power Generating Company Private Ltd
- VISA Power Limited - India
- Sree Jayajothi Cements Limited - India
- Kalimantan Lumbung Energi - Indonesia
- SN Aboitiz Power Inc, Philippines
- Oldendorff Carriers - Singapore
- Africa Commodities Group - South Africa
- Mintek Dendrill Indonesia
- Bharathi Cement Corporation - India
- Central Java Power - Indonesia
- Globalindo Alam Lestari - Indonesia
- The University of Queensland
- Sakthi Sugars Limited - India
- Energy Link Ltd, New Zealand
- Sojitz Corporation - Japan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Intertek Mineral Services - Indonesia
- SMC Global Power, Philippines
- Sarangani Energy Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Dalmia Cement Bharat India
- PTC India Limited - India
- Kapuas Tunggal Persada - Indonesia
- Mjunction Services Limited - India
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