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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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Thursday, 22 March 12
ECI-CHINA HANDY RATES ARE AROUND US$ 8000 - FEARNLEYS
Handy
Another positive trend was seen last week with more cargoes entering the market. Skaw-Passero/US Gulf climbed slowly up to USD 3700, while US ...
Thursday, 22 March 12
DRY BULK MARKET KEEPS SURGING, CAPESIZES FALLING - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In what seems to be an establishing pattern, the dry bulk market has kept its upward momentum, edging closer to the 900 point-mark, but the larger s ...
Wednesday, 21 March 12
BUMA HAS PRODUCED 2.3 MILLION TONS OF COAL IN FEBRUARY 2012
COALspot.com - PT. Delta Dunia Makmur's overburden removal in February 2012 has reached totaled 23.8 million bcm (+2.4% YoY) while coal production ...
Tuesday, 20 March 12
SMALLER DRY BULK VESSELS STILL LEADING DRY BULK MARKET TO HIGHER GROUND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has been growing during the past couple of weeks, but contrary to the usual practice, it’s not the larger Capesizes which ...
Monday, 19 March 12
WEEKLY DRY MARKET OVERVIEW: SMALLER VESSELS LEAD RATES HIGHER - MARIA BERTZELETOU, HELLENIC SHIPPING
The upward trend of the Baltic Dry Index persists strong from the end of February, spurred from the supramax market that offsets the weakness in the ...
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- Barasentosa Lestari - Indonesia
- Krishnapatnam Port Company Ltd. - India
- San Jose City I Power Corp, Philippines
- Electricity Authority, New Zealand
- Mercator Lines Limited - India
- Heidelberg Cement - Germany
- GVK Power & Infra Limited - India
- Gujarat Electricity Regulatory Commission - India
- Vijayanagar Sugar Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Orica Mining Services - Indonesia
- Toyota Tsusho Corporation, Japan
- Indian Energy Exchange, India
- Vizag Seaport Private Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Salva Resources Pvt Ltd - India
- Borneo Indobara - Indonesia
- Eastern Coal Council - USA
- Uttam Galva Steels Limited - India
- Trasteel International SA, Italy
- The State Trading Corporation of India Ltd
- Bayan Resources Tbk. - Indonesia
- Goldman Sachs - Singapore
- GAC Shipping (India) Pvt Ltd
- Petron Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Baramulti Group, Indonesia
- South Luzon Thermal Energy Corporation
- MS Steel International - UAE
- Mercuria Energy - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Bharathi Cement Corporation - India
- Indo Tambangraya Megah - Indonesia
- Kumho Petrochemical, South Korea
- Makarim & Taira - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Essar Steel Hazira Ltd - India
- Parry Sugars Refinery, India
- Straits Asia Resources Limited - Singapore
- Coalindo Energy - Indonesia
- Eastern Energy - Thailand
- Wood Mackenzie - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Dalmia Cement Bharat India
- Thiess Contractors Indonesia
- Sindya Power Generating Company Private Ltd
- Sakthi Sugars Limited - India
- Simpson Spence & Young - Indonesia
- McConnell Dowell - Australia
- Videocon Industries ltd - India
- Australian Coal Association
- Global Business Power Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- PNOC Exploration Corporation - Philippines
- Bhatia International Limited - India
- PTC India Limited - India
- The Treasury - Australian Government
- European Bulk Services B.V. - Netherlands
- Aboitiz Power Corporation - Philippines
- Intertek Mineral Services - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Chamber of Mines of South Africa
- Vedanta Resources Plc - India
- Price Waterhouse Coopers - Russia
- Central Electricity Authority - India
- Binh Thuan Hamico - Vietnam
- Siam City Cement - Thailand
- Karbindo Abesyapradhi - Indoneisa
- Holcim Trading Pte Ltd - Singapore
- Attock Cement Pakistan Limited
- Ceylon Electricity Board - Sri Lanka
- Jorong Barutama Greston.PT - Indonesia
- Kobexindo Tractors - Indoneisa
- Sarangani Energy Corporation, Philippines
- VISA Power Limited - India
- Madhucon Powers Ltd - India
- Bangladesh Power Developement Board
- Oldendorff Carriers - Singapore
- LBH Netherlands Bv - Netherlands
- Mjunction Services Limited - India
- TeaM Sual Corporation - Philippines
- PowerSource Philippines DevCo
- Billiton Holdings Pty Ltd - Australia
- Port Waratah Coal Services - Australia
- Deloitte Consulting - India
- OPG Power Generation Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Jindal Steel & Power Ltd - India
- Economic Council, Georgia
- Ministry of Transport, Egypt
- Renaissance Capital - South Africa
- Lanco Infratech Ltd - India
- International Coal Ventures Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Indian Oil Corporation Limited
- New Zealand Coal & Carbon
- Tata Chemicals Ltd - India
- Planning Commission, India
- India Bulls Power Limited - India
- Africa Commodities Group - South Africa
- The University of Queensland
- GMR Energy Limited - India
- CIMB Investment Bank - Malaysia
- Neyveli Lignite Corporation Ltd, - India
- ASAPP Information Group - India
- Jaiprakash Power Ventures ltd
- Gujarat Sidhee Cement - India
- Globalindo Alam Lestari - Indonesia
- Electricity Generating Authority of Thailand
- Indika Energy - Indonesia
- Siam City Cement PLC, Thailand
- Standard Chartered Bank - UAE
- Manunggal Multi Energi - Indonesia
- Star Paper Mills Limited - India
- Global Coal Blending Company Limited - Australia
- Altura Mining Limited, Indonesia
- Meralco Power Generation, Philippines
- Central Java Power - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Mintek Dendrill Indonesia
- Latin American Coal - Colombia
- Georgia Ports Authority, United States
- Malabar Cements Ltd - India
- Australian Commodity Traders Exchange
- Global Green Power PLC Corporation, Philippines
- London Commodity Brokers - England
- Kideco Jaya Agung - Indonesia
- Xindia Steels Limited - India
- Aditya Birla Group - India
- IEA Clean Coal Centre - UK
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Posco Energy - South Korea
- Interocean Group of Companies - India
- Merrill Lynch Commodities Europe
- Agrawal Coal Company - India
- Parliament of New Zealand
- Pipit Mutiara Jaya. PT, Indonesia
- Energy Link Ltd, New Zealand
- Bukit Baiduri Energy - Indonesia
- Medco Energi Mining Internasional
- Power Finance Corporation Ltd., India
- Edison Trading Spa - Italy
- Ambuja Cements Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- White Energy Company Limited
- Meenaskhi Energy Private Limited - India
- Indonesian Coal Mining Association
- SMG Consultants - Indonesia
- Indogreen Group - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Bhushan Steel Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Metalloyd Limited - United Kingdom
- Marubeni Corporation - India
- Sojitz Corporation - Japan
- ICICI Bank Limited - India
- Minerals Council of Australia
- Miang Besar Coal Terminal - Indonesia
- Singapore Mercantile Exchange
- Maheswari Brothers Coal Limited - India
- Tamil Nadu electricity Board
- Ministry of Finance - Indonesia
- CNBM International Corporation - China
- Romanian Commodities Exchange
- Kepco SPC Power Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- Antam Resourcindo - Indonesia
- SN Aboitiz Power Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Ministry of Mines - Canada
- SMC Global Power, Philippines
- Bulk Trading Sa - Switzerland
- Grasim Industreis Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Cement Manufacturers Association - India
- Bukit Asam (Persero) Tbk - Indonesia
- Directorate Of Revenue Intelligence - India
- Samtan Co., Ltd - South Korea
- Pendopo Energi Batubara - Indonesia
- Ind-Barath Power Infra Limited - India
- Thai Mozambique Logistica
- TNB Fuel Sdn Bhd - Malaysia
- Sical Logistics Limited - India
- Wilmar Investment Holdings
- Riau Bara Harum - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Chettinad Cement Corporation Ltd - India
- Formosa Plastics Group - Taiwan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Petrochimia International Co. Ltd.- Taiwan
- IHS Mccloskey Coal Group - USA
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bhoruka Overseas - Indonesia
- Timah Investasi Mineral - Indoneisa
- Kohat Cement Company Ltd. - Pakistan
- AsiaOL BioFuels Corp., Philippines
- Iligan Light & Power Inc, Philippines
- Savvy Resources Ltd - HongKong
- Therma Luzon, Inc, Philippines
- Rio Tinto Coal - Australia
- Larsen & Toubro Limited - India
- Semirara Mining and Power Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bahari Cakrawala Sebuku - Indonesia
- Semirara Mining Corp, Philippines
- Energy Development Corp, Philippines
- Commonwealth Bank - Australia
- Banpu Public Company Limited - Thailand
- Coal and Oil Company - UAE
- Orica Australia Pty. Ltd.
- Carbofer General Trading SA - India
- Independent Power Producers Association of India
- Anglo American - United Kingdom
- Bukit Makmur.PT - Indonesia
- Kaltim Prima Coal - Indonesia
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