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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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Thursday, 16 December 10
LANCO BAGS AUSTRALIAN COAL MINER GRIFFITH - DNA
As part of its strategy to secure coal supplies for meeting its needs in expanding power generation capacities, infrastructure major Lanco Infratech ...
Thursday, 16 December 10
COAL INDIA IN TALKS WITH INDONESIAN CO TO BUY ITS COAL MINES - APN NEWS
APN News reported that, World’s largest coal producer Coal India is in talks with Indonesia’s Sinar Mas Group for acquiring coal mines i ...
Wednesday, 15 December 10
GOVT SETS NEW MINIMUM LEVEL FOR DOMESTIC MARKET SALES - THE JAKARTA POST
The Jakarta Post reported that, Indonesian coal producers are required to sell at least 24.17 percent of their production to the domestic market nex ...
Wednesday, 15 December 10
CAPESIZE RATES ARE NOW AT THEIR LOWEST LEVEL SINCE AUGUST
It was a repeat performance for the market this week, with another increase in earnings for the small sizes but a sharp drop for the Capes. Overall ...
Wednesday, 15 December 10
LARGE ORDERBOOK TO HINDER 2011 DRY BULK MARKET REBOUND DESPITE INCREASED DEMAND SAYS PARAGON SHIPPING - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
A large orderbook which currently stands at 53% of the existing fleet is expected to render 2011 another challenging year for the dry bulk marke ...
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- Straits Asia Resources Limited - Singapore
- Mintek Dendrill Indonesia
- Economic Council, Georgia
- VISA Power Limited - India
- Energy Link Ltd, New Zealand
- SN Aboitiz Power Inc, Philippines
- Power Finance Corporation Ltd., India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Central Electricity Authority - India
- Independent Power Producers Association of India
- Merrill Lynch Commodities Europe
- Carbofer General Trading SA - India
- Mercator Lines Limited - India
- IEA Clean Coal Centre - UK
- Pipit Mutiara Jaya. PT, Indonesia
- Grasim Industreis Ltd - India
- Pendopo Energi Batubara - Indonesia
- Indogreen Group - Indonesia
- MS Steel International - UAE
- The State Trading Corporation of India Ltd
- India Bulls Power Limited - India
- Bhushan Steel Limited - India
- IHS Mccloskey Coal Group - USA
- GN Power Mariveles Coal Plant, Philippines
- Deloitte Consulting - India
- Asmin Koalindo Tuhup - Indonesia
- Singapore Mercantile Exchange
- Sojitz Corporation - Japan
- Vizag Seaport Private Limited - India
- SMC Global Power, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Coastal Gujarat Power Limited - India
- Anglo American - United Kingdom
- International Coal Ventures Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Electricity Generating Authority of Thailand
- Bukit Makmur.PT - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Gujarat Electricity Regulatory Commission - India
- San Jose City I Power Corp, Philippines
- Latin American Coal - Colombia
- Cement Manufacturers Association - India
- Siam City Cement - Thailand
- Karbindo Abesyapradhi - Indoneisa
- Gujarat Mineral Development Corp Ltd - India
- Bhoruka Overseas - Indonesia
- London Commodity Brokers - England
- Global Coal Blending Company Limited - Australia
- Meralco Power Generation, Philippines
- Commonwealth Bank - Australia
- Malabar Cements Ltd - India
- Manunggal Multi Energi - Indonesia
- Indian Energy Exchange, India
- Baramulti Group, Indonesia
- Globalindo Alam Lestari - Indonesia
- Ministry of Mines - Canada
- Medco Energi Mining Internasional
- Salva Resources Pvt Ltd - India
- Bhatia International Limited - India
- Trasteel International SA, Italy
- Tata Chemicals Ltd - India
- Kobexindo Tractors - Indoneisa
- Lanco Infratech Ltd - India
- Interocean Group of Companies - India
- Indo Tambangraya Megah - Indonesia
- Essar Steel Hazira Ltd - India
- Ministry of Transport, Egypt
- Electricity Authority, New Zealand
- GVK Power & Infra Limited - India
- Eastern Coal Council - USA
- Karaikal Port Pvt Ltd - India
- Xindia Steels Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Petron Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Savvy Resources Ltd - HongKong
- Global Business Power Corporation, Philippines
- Larsen & Toubro Limited - India
- Vedanta Resources Plc - India
- European Bulk Services B.V. - Netherlands
- Dalmia Cement Bharat India
- Attock Cement Pakistan Limited
- Sree Jayajothi Cements Limited - India
- Bayan Resources Tbk. - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Orica Mining Services - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Intertek Mineral Services - Indonesia
- The University of Queensland
- Sinarmas Energy and Mining - Indonesia
- Wood Mackenzie - Singapore
- Uttam Galva Steels Limited - India
- Makarim & Taira - Indonesia
- Australian Coal Association
- Jindal Steel & Power Ltd - India
- Directorate Of Revenue Intelligence - India
- CNBM International Corporation - China
- Madhucon Powers Ltd - India
- Mercuria Energy - Indonesia
- Price Waterhouse Coopers - Russia
- Bharathi Cement Corporation - India
- Chettinad Cement Corporation Ltd - India
- PNOC Exploration Corporation - Philippines
- Wilmar Investment Holdings
- Jorong Barutama Greston.PT - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Star Paper Mills Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Riau Bara Harum - Indonesia
- Edison Trading Spa - Italy
- Agrawal Coal Company - India
- Formosa Plastics Group - Taiwan
- Chamber of Mines of South Africa
- Australian Commodity Traders Exchange
- Indika Energy - Indonesia
- Antam Resourcindo - Indonesia
- Kaltim Prima Coal - Indonesia
- South Luzon Thermal Energy Corporation
- Africa Commodities Group - South Africa
- Oldendorff Carriers - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Parliament of New Zealand
- Indonesian Coal Mining Association
- Barasentosa Lestari - Indonesia
- Romanian Commodities Exchange
- Coalindo Energy - Indonesia
- Sakthi Sugars Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- GAC Shipping (India) Pvt Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- ASAPP Information Group - India
- Leighton Contractors Pty Ltd - Australia
- Mjunction Services Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Videocon Industries ltd - India
- Maheswari Brothers Coal Limited - India
- Jaiprakash Power Ventures ltd
- Kohat Cement Company Ltd. - Pakistan
- Indian Oil Corporation Limited
- Coal and Oil Company - UAE
- Ceylon Electricity Board - Sri Lanka
- Sical Logistics Limited - India
- Timah Investasi Mineral - Indoneisa
- SMG Consultants - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- GMR Energy Limited - India
- Heidelberg Cement - Germany
- Global Green Power PLC Corporation, Philippines
- White Energy Company Limited
- Meenaskhi Energy Private Limited - India
- Thai Mozambique Logistica
- The Treasury - Australian Government
- Georgia Ports Authority, United States
- Parry Sugars Refinery, India
- Simpson Spence & Young - Indonesia
- Aditya Birla Group - India
- Altura Mining Limited, Indonesia
- Holcim Trading Pte Ltd - Singapore
- Central Java Power - Indonesia
- Metalloyd Limited - United Kingdom
- Samtan Co., Ltd - South Korea
- Orica Australia Pty. Ltd.
- Binh Thuan Hamico - Vietnam
- Bulk Trading Sa - Switzerland
- Goldman Sachs - Singapore
- New Zealand Coal & Carbon
- Port Waratah Coal Services - Australia
- Posco Energy - South Korea
- Standard Chartered Bank - UAE
- Directorate General of MIneral and Coal - Indonesia
- Banpu Public Company Limited - Thailand
- Gujarat Sidhee Cement - India
- Minerals Council of Australia
- Marubeni Corporation - India
- Semirara Mining and Power Corporation, Philippines
- Thiess Contractors Indonesia
- Krishnapatnam Port Company Ltd. - India
- AsiaOL BioFuels Corp., Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- McConnell Dowell - Australia
- Sarangani Energy Corporation, Philippines
- Renaissance Capital - South Africa
- Borneo Indobara - Indonesia
- Tamil Nadu electricity Board
- Energy Development Corp, Philippines
- Kideco Jaya Agung - Indonesia
- Toyota Tsusho Corporation, Japan
- Planning Commission, India
- Bukit Baiduri Energy - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Eastern Energy - Thailand
- Iligan Light & Power Inc, Philippines
- Ind-Barath Power Infra Limited - India
- Cigading International Bulk Terminal - Indonesia
- Ambuja Cements Ltd - India
- Ministry of Finance - Indonesia
- Siam City Cement PLC, Thailand
- Kumho Petrochemical, South Korea
- TNB Fuel Sdn Bhd - Malaysia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Rio Tinto Coal - Australia
- Sindya Power Generating Company Private Ltd
- TeaM Sual Corporation - Philippines
- PowerSource Philippines DevCo
- Bangladesh Power Developement Board
- PetroVietnam Power Coal Import and Supply Company
- Miang Besar Coal Terminal - Indonesia
- LBH Netherlands Bv - Netherlands
- ICICI Bank Limited - India
- Alfred C Toepfer International GmbH - Germany
- Semirara Mining Corp, Philippines
- Therma Luzon, Inc, Philippines
- PTC India Limited - India
- Aboitiz Power Corporation - Philippines
- Kepco SPC Power Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
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