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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 ($1,670) per day in penalties.
To avoid that and continue exporting, he said, some traders who lack the proper license are using a miner’s license to export coal, which is illegal under the new law.
Source: The Jakarta Globe
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Wednesday, 05 January 11
BUKIT ASAM TARGETS 20% BUY TO GROW COAL TRANSPORT CAPACITY - THE JAKARTA GLOBE
The Jakarta Globe reported that, Indonesian coal producer Tambang Batubara Bukit Asam is considering buying an additional 20 percent stake in Bukit ...
Wednesday, 05 January 11
FLOODING IN AUSTRALIA WILL CAUSE COAL PRICES TO SPIKE AT LEAST 20 PERCENT
Rising coal prices are set to spike at least 20 per cent higher because of supply shortages due to severe flooding in Australia, adding cost pressur ...
Wednesday, 05 January 11
DRY BULK MARKET BEGINS NEW YEAR ON SOUR NOTE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Seasonal factors like the worst flooding in Australia’s Queensland in half a century, coupled with thin trade activity has put the dry bulk ma ...
Tuesday, 04 January 11
THE WCI-CHINA ROUTE WAS TRADED IN THE MID US$ 10,000S - BRS DRY BULK
As reported by BRS Dry Bulk, after a stronger than expected performance in 2010, rates finished on a sombre note in December with the BDI at1,773 po ...
Tuesday, 04 January 11
BALI, INDONESIA HOST OF WORLD RENEWABLE ENERGY AND ENERGY EFFICIENCY CONFERENCE
Press Release - Indonesian Renewable Energy Society (METI – IRES) has launched the plan for organizing the international gathering ...
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- Africa Commodities Group - South Africa
- Coastal Gujarat Power Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- The Treasury - Australian Government
- Singapore Mercantile Exchange
- Straits Asia Resources Limited - Singapore
- Indika Energy - Indonesia
- LBH Netherlands Bv - Netherlands
- Alfred C Toepfer International GmbH - Germany
- Goldman Sachs - Singapore
- Iligan Light & Power Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Bulk Trading Sa - Switzerland
- Kepco SPC Power Corporation, Philippines
- Siam City Cement - Thailand
- PTC India Limited - India
- GMR Energy Limited - India
- Georgia Ports Authority, United States
- ICICI Bank Limited - India
- Coalindo Energy - Indonesia
- Attock Cement Pakistan Limited
- OPG Power Generation Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Malabar Cements Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Indian Oil Corporation Limited
- Energy Link Ltd, New Zealand
- Borneo Indobara - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Standard Chartered Bank - UAE
- McConnell Dowell - Australia
- Electricity Authority, New Zealand
- Sarangani Energy Corporation, Philippines
- Mercator Lines Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Sical Logistics Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Central Electricity Authority - India
- Essar Steel Hazira Ltd - India
- San Jose City I Power Corp, Philippines
- Semirara Mining and Power Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Uttam Galva Steels Limited - India
- Independent Power Producers Association of India
- Asmin Koalindo Tuhup - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Anglo American - United Kingdom
- Ind-Barath Power Infra Limited - India
- Grasim Industreis Ltd - India
- White Energy Company Limited
- Therma Luzon, Inc, Philippines
- Trasteel International SA, Italy
- Baramulti Group, Indonesia
- Oldendorff Carriers - Singapore
- Planning Commission, India
- Eastern Energy - Thailand
- Tamil Nadu electricity Board
- Star Paper Mills Limited - India
- Commonwealth Bank - Australia
- Riau Bara Harum - Indonesia
- Bukit Makmur.PT - Indonesia
- Heidelberg Cement - Germany
- Jorong Barutama Greston.PT - Indonesia
- Maheswari Brothers Coal Limited - India
- Port Waratah Coal Services - Australia
- Gujarat Sidhee Cement - India
- The State Trading Corporation of India Ltd
- Coal and Oil Company - UAE
- Billiton Holdings Pty Ltd - Australia
- Edison Trading Spa - Italy
- Karbindo Abesyapradhi - Indoneisa
- ASAPP Information Group - India
- Electricity Generating Authority of Thailand
- TeaM Sual Corporation - Philippines
- Salva Resources Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Ambuja Cements Ltd - India
- Chettinad Cement Corporation Ltd - India
- Sree Jayajothi Cements Limited - India
- Price Waterhouse Coopers - Russia
- Global Coal Blending Company Limited - Australia
- Ceylon Electricity Board - Sri Lanka
- Makarim & Taira - Indonesia
- Power Finance Corporation Ltd., India
- European Bulk Services B.V. - Netherlands
- Mjunction Services Limited - India
- Global Business Power Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- The University of Queensland
- Aditya Birla Group - India
- Posco Energy - South Korea
- Wood Mackenzie - Singapore
- Larsen & Toubro Limited - India
- Manunggal Multi Energi - Indonesia
- Kobexindo Tractors - Indoneisa
- Thiess Contractors Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- IEA Clean Coal Centre - UK
- Bhushan Steel Limited - India
- Marubeni Corporation - India
- Vijayanagar Sugar Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Timah Investasi Mineral - Indoneisa
- Ministry of Mines - Canada
- Barasentosa Lestari - Indonesia
- Wilmar Investment Holdings
- Formosa Plastics Group - Taiwan
- Renaissance Capital - South Africa
- International Coal Ventures Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bhoruka Overseas - Indonesia
- Global Green Power PLC Corporation, Philippines
- VISA Power Limited - India
- Minerals Council of Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kumho Petrochemical, South Korea
- Economic Council, Georgia
- Kaltim Prima Coal - Indonesia
- Romanian Commodities Exchange
- Xindia Steels Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Dalmia Cement Bharat India
- Binh Thuan Hamico - Vietnam
- Bahari Cakrawala Sebuku - Indonesia
- Meenaskhi Energy Private Limited - India
- GAC Shipping (India) Pvt Ltd
- Vizag Seaport Private Limited - India
- MS Steel International - UAE
- Indonesian Coal Mining Association
- Meralco Power Generation, Philippines
- Orica Mining Services - Indonesia
- London Commodity Brokers - England
- Mercuria Energy - Indonesia
- Jindal Steel & Power Ltd - India
- Cement Manufacturers Association - India
- Banpu Public Company Limited - Thailand
- Semirara Mining Corp, Philippines
- Agrawal Coal Company - India
- Deloitte Consulting - India
- Vedanta Resources Plc - India
- Simpson Spence & Young - Indonesia
- Eastern Coal Council - USA
- Orica Australia Pty. Ltd.
- Bayan Resources Tbk. - Indonesia
- Interocean Group of Companies - India
- Videocon Industries ltd - India
- Latin American Coal - Colombia
- Indogreen Group - Indonesia
- Energy Development Corp, Philippines
- PNOC Exploration Corporation - Philippines
- AsiaOL BioFuels Corp., Philippines
- Bharathi Cement Corporation - India
- Medco Energi Mining Internasional
- Tata Chemicals Ltd - India
- CNBM International Corporation - China
- Rashtriya Ispat Nigam Limited - India
- Central Java Power - Indonesia
- CIMB Investment Bank - Malaysia
- Leighton Contractors Pty Ltd - Australia
- Bhatia International Limited - India
- GVK Power & Infra Limited - India
- Bangladesh Power Developement Board
- Kideco Jaya Agung - Indonesia
- Ministry of Finance - Indonesia
- SN Aboitiz Power Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Kohat Cement Company Ltd. - Pakistan
- IHS Mccloskey Coal Group - USA
- Lanco Infratech Ltd - India
- Sindya Power Generating Company Private Ltd
- Australian Commodity Traders Exchange
- Merrill Lynch Commodities Europe
- Indo Tambangraya Megah - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sojitz Corporation - Japan
- Aboitiz Power Corporation - Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- SMC Global Power, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Siam City Cement PLC, Thailand
- Rio Tinto Coal - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Chamber of Mines of South Africa
- Indian Energy Exchange, India
- Sinarmas Energy and Mining - Indonesia
- Pendopo Energi Batubara - Indonesia
- Samtan Co., Ltd - South Korea
- Parliament of New Zealand
- Kartika Selabumi Mining - Indonesia
- Globalindo Alam Lestari - Indonesia
- Mintek Dendrill Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Toyota Tsusho Corporation, Japan
- South Luzon Thermal Energy Corporation
- Parry Sugars Refinery, India
- Holcim Trading Pte Ltd - Singapore
- New Zealand Coal & Carbon
- Thai Mozambique Logistica
- PowerSource Philippines DevCo
- Karaikal Port Pvt Ltd - India
- Madhucon Powers Ltd - India
- Australian Coal Association
- Ministry of Transport, Egypt
- Metalloyd Limited - United Kingdom
- Intertek Mineral Services - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Jaiprakash Power Ventures ltd
- Sakthi Sugars Limited - India
- Savvy Resources Ltd - HongKong
- Altura Mining Limited, Indonesia
- SMG Consultants - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- India Bulls Power Limited - India
- Petron Corporation, Philippines
- Carbofer General Trading SA - India
- Directorate Of Revenue Intelligence - India
- Miang Besar Coal Terminal - Indonesia
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