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Friday, 11 November 11
GOVT WAITS LEGAL DECISION ON BUKIT ASAM, ADARO DISPUTE - JP
The Jakarta Post reported that, The government says that it will not interfere in the settlement process of the dispute between state coal miner PT Bukit Asam and the country’s second largest coal producer, PT Adaro Energy, on an overlapping mining area.
Director general for minerals and coal at the Energy and Mineral Resources Ministry Thamrin Sihite said that the government would wait for a legal decision on the dispute.
“The government will comply with the decision,” he told reporters after attending the launch of the Indonesian Coal Index (ICI) 5, a reference price for low-rank coal, in Jakarta on Thursday.
Overlapping mining areas often happened in the country after the implementation of regional autonomy, he reported.
“In many cases, regent A gives a mining permit to a company, but then regent B, who replaced regent A, also gives a permit for the same area to another company. That happens very often across the country,” said Thamrin.
He promised that the government would solve the problems of overlapping mining areas as soon as possible.
According to the ministry’s data, as of September, only 45 percent or 3,778 of 8,263 registered mining licenses (IUP) have the status of “clean and clear”, the remaining 4,485 licenses were problematic.
Bukit Asam and PT Mustika Indah, whose 75 percent share is owned by Adaro’s subsidiary PT Alam Tri Abadi, are currently in dispute over a mining area in South Sumatra. The case is now in the process of appeal process at the Supreme Court.
Bukit Asam sent a subpoena to Adaro on the disputed land. The company’s lawyer, Anton Dedi Hermanto, said earlier that Adaro claimed Mustika’s land did not overlap Bukit Asam’s mining areas.
He claimed that the mining right (KP) issued by the regent of Lahat for Mustika through the letter of authority number 540/65/KEP/PERTAMBEN/2005 with a total area of 2,742 hectares overlaps Bukit Asam’s exploration area.
The South Sumatra governor’s letter number 556/KPTS/PERTAMBEN/2004 which became Adaro’s reference did not eliminate the right of Bukit Asam over the exploration area of 26,760 hectares.
Source: The Jakarta Post
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Tuesday, 15 May 12
POTENTIAL BOOM OF CHINAS COAL IMPORTS COULD PROVIDE FURTHER SUPPORT TO DRY BULK MARKET - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has been moving sideways during the past week with the industry’s benchmark, the Baltic Dry Index (BDI) losing 0.53% on th ...
Saturday, 12 May 12
THE SHIPPING MARKET IS UNLIKELY TO SEE A REBOUND ANYTIME SOON - VISTAAR SINGAPORE
COALspot.com - The BDI softened this week and it was down by 1.64 pct closing at 1,138 points.
The cape index was up by 2.41 pct closing at 1,61 ...
Friday, 11 May 12
POLITICAL CHANGES COULD LEAD TO TEMPORARY HALT IN SHIPPING INVESTMENTS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The potential of changes of political leadership in many of the world’s leading economies could very well lead to significant shifts in the di ...
Thursday, 10 May 12
DRY BULK ERRATIC ON LACK OF DIRECTION - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has kept up its erratic behavior as it went down again during yesterday’s session, on a lack of direct guidance in terms o ...
Wednesday, 09 May 12
COAL INDIA SIGNS FSAS WITH 13 POWER UNITS SO FAR - PTI
Press Trust of India has reported that, coal India has so far entered into fuel supply pacts with 13 power units, including Reliance Power's Rosa P ...
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- Makarim & Taira - Indonesia
- Kaltim Prima Coal - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Riau Bara Harum - Indonesia
- Ambuja Cements Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- International Coal Ventures Pvt Ltd - India
- Bhatia International Limited - India
- Pendopo Energi Batubara - Indonesia
- Vizag Seaport Private Limited - India
- San Jose City I Power Corp, Philippines
- Semirara Mining Corp, Philippines
- Parry Sugars Refinery, India
- Therma Luzon, Inc, Philippines
- Rio Tinto Coal - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Banpu Public Company Limited - Thailand
- Jorong Barutama Greston.PT - Indonesia
- Carbofer General Trading SA - India
- Sindya Power Generating Company Private Ltd
- Thai Mozambique Logistica
- Pipit Mutiara Jaya. PT, Indonesia
- Simpson Spence & Young - Indonesia
- Independent Power Producers Association of India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kobexindo Tractors - Indoneisa
- South Luzon Thermal Energy Corporation
- Sakthi Sugars Limited - India
- Intertek Mineral Services - Indonesia
- Australian Coal Association
- Ministry of Finance - Indonesia
- Lanco Infratech Ltd - India
- Electricity Generating Authority of Thailand
- Star Paper Mills Limited - India
- CIMB Investment Bank - Malaysia
- Billiton Holdings Pty Ltd - Australia
- Malabar Cements Ltd - India
- Standard Chartered Bank - UAE
- Agrawal Coal Company - India
- Gujarat Sidhee Cement - India
- Neyveli Lignite Corporation Ltd, - India
- Directorate Of Revenue Intelligence - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- CNBM International Corporation - China
- Sarangani Energy Corporation, Philippines
- Mjunction Services Limited - India
- Straits Asia Resources Limited - Singapore
- Deloitte Consulting - India
- Globalindo Alam Lestari - Indonesia
- Interocean Group of Companies - India
- SMC Global Power, Philippines
- Bharathi Cement Corporation - India
- Electricity Authority, New Zealand
- Bulk Trading Sa - Switzerland
- Siam City Cement - Thailand
- Heidelberg Cement - Germany
- Bahari Cakrawala Sebuku - Indonesia
- MS Steel International - UAE
- GN Power Mariveles Coal Plant, Philippines
- Merrill Lynch Commodities Europe
- Maheswari Brothers Coal Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Siam City Cement PLC, Thailand
- Economic Council, Georgia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- LBH Netherlands Bv - Netherlands
- PTC India Limited - India
- Attock Cement Pakistan Limited
- Rashtriya Ispat Nigam Limited - India
- White Energy Company Limited
- Medco Energi Mining Internasional
- Meenaskhi Energy Private Limited - India
- Chettinad Cement Corporation Ltd - India
- Mercator Lines Limited - India
- Africa Commodities Group - South Africa
- Oldendorff Carriers - Singapore
- Orica Mining Services - Indonesia
- Altura Mining Limited, Indonesia
- Orica Australia Pty. Ltd.
- Larsen & Toubro Limited - India
- Edison Trading Spa - Italy
- Renaissance Capital - South Africa
- Global Green Power PLC Corporation, Philippines
- London Commodity Brokers - England
- Global Business Power Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Iligan Light & Power Inc, Philippines
- Georgia Ports Authority, United States
- Salva Resources Pvt Ltd - India
- PowerSource Philippines DevCo
- Chamber of Mines of South Africa
- Ind-Barath Power Infra Limited - India
- Bhoruka Overseas - Indonesia
- Price Waterhouse Coopers - Russia
- Bukit Baiduri Energy - Indonesia
- Thiess Contractors Indonesia
- Petron Corporation, Philippines
- Australian Commodity Traders Exchange
- Kepco SPC Power Corporation, Philippines
- The University of Queensland
- GVK Power & Infra Limited - India
- Leighton Contractors Pty Ltd - Australia
- Indonesian Coal Mining Association
- Formosa Plastics Group - Taiwan
- Goldman Sachs - Singapore
- Indo Tambangraya Megah - Indonesia
- Aditya Birla Group - India
- GMR Energy Limited - India
- Timah Investasi Mineral - Indoneisa
- Borneo Indobara - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Aboitiz Power Corporation - Philippines
- Bangladesh Power Developement Board
- Sinarmas Energy and Mining - Indonesia
- Kumho Petrochemical, South Korea
- Kapuas Tunggal Persada - Indonesia
- Eastern Coal Council - USA
- Mintek Dendrill Indonesia
- The State Trading Corporation of India Ltd
- Planning Commission, India
- Ministry of Mines - Canada
- GAC Shipping (India) Pvt Ltd
- Barasentosa Lestari - Indonesia
- Indika Energy - Indonesia
- SMG Consultants - Indonesia
- Sojitz Corporation - Japan
- Savvy Resources Ltd - HongKong
- Semirara Mining and Power Corporation, Philippines
- Grasim Industreis Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Eastern Energy - Thailand
- Romanian Commodities Exchange
- Port Waratah Coal Services - Australia
- Cement Manufacturers Association - India
- Holcim Trading Pte Ltd - Singapore
- Energy Link Ltd, New Zealand
- Vijayanagar Sugar Pvt Ltd - India
- Vedanta Resources Plc - India
- Bayan Resources Tbk. - Indonesia
- Mercuria Energy - Indonesia
- Madhucon Powers Ltd - India
- ICICI Bank Limited - India
- Kohat Cement Company Ltd. - Pakistan
- OPG Power Generation Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Meralco Power Generation, Philippines
- Karaikal Port Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- New Zealand Coal & Carbon
- Tata Chemicals Ltd - India
- Binh Thuan Hamico - Vietnam
- European Bulk Services B.V. - Netherlands
- Indian Energy Exchange, India
- Commonwealth Bank - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Wilmar Investment Holdings
- Essar Steel Hazira Ltd - India
- Global Coal Blending Company Limited - Australia
- Alfred C Toepfer International GmbH - Germany
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sree Jayajothi Cements Limited - India
- Coalindo Energy - Indonesia
- Metalloyd Limited - United Kingdom
- IEA Clean Coal Centre - UK
- Karbindo Abesyapradhi - Indoneisa
- Jaiprakash Power Ventures ltd
- Videocon Industries ltd - India
- Jindal Steel & Power Ltd - India
- India Bulls Power Limited - India
- Trasteel International SA, Italy
- Indian Oil Corporation Limited
- Singapore Mercantile Exchange
- Directorate General of MIneral and Coal - Indonesia
- IHS Mccloskey Coal Group - USA
- PetroVietnam Power Coal Import and Supply Company
- Ceylon Electricity Board - Sri Lanka
- Antam Resourcindo - Indonesia
- TeaM Sual Corporation - Philippines
- Uttam Galva Steels Limited - India
- ASAPP Information Group - India
- Manunggal Multi Energi - Indonesia
- Dalmia Cement Bharat India
- McConnell Dowell - Australia
- Energy Development Corp, Philippines
- Minerals Council of Australia
- Indogreen Group - Indonesia
- Parliament of New Zealand
- Kalimantan Lumbung Energi - Indonesia
- VISA Power Limited - India
- Tamil Nadu electricity Board
- PNOC Exploration Corporation - Philippines
- Central Java Power - Indonesia
- Central Electricity Authority - India
- Marubeni Corporation - India
- Coal and Oil Company - UAE
- The Treasury - Australian Government
- Posco Energy - South Korea
- Toyota Tsusho Corporation, Japan
- Samtan Co., Ltd - South Korea
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Xindia Steels Limited - India
- SN Aboitiz Power Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- Bukit Makmur.PT - Indonesia
- Anglo American - United Kingdom
- Wood Mackenzie - Singapore
- Sical Logistics Limited - India
- Ministry of Transport, Egypt
- Power Finance Corporation Ltd., India
- Baramulti Group, Indonesia
- Bhushan Steel Limited - India
- Latin American Coal - Colombia
- Kideco Jaya Agung - Indonesia
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