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Friday, 10 February 12
GIVE PERMIT POWERS TO GOVERNORS: MINERS - THE JAKARTA POST
 The Jakarta Post reported that, following clashes between mining companies and local residents, the Indonesian Mining Association (IMA) wants to transfer the right to issue mining permits (IUP) from regents to governors.
IMA executive director Syahrir AB said the central government had to regulate the mining sector to stop regents from issuing overlapping permits and must intervene and solve problems directly if something went wrong.
“Governors, as representatives of the central government, will be more effective in controlling the regions, including supervising what the regents are doing,” Syahrir told reporters after meeting with Energy and Mineral Resources Minister Jero Wacik on Thursday in Jakarta.
The 2009 Minerals and Coal Law grants regents the sole right to issue or revoke IUPs. However, in practice, many problems have appeared since the law was enacted, as different regents have issued conflicting permits for the same areas.
According to the minerals and coal directorate at the Energy and Mineral Resources Ministry, around 60 percent of the 9,662 mining permits issued locally across the nation lacked “clean-and-clear” certification, as they either overlapped with other permits or were not issued correctly.
Syahrir said Indonesia would need a legal instrument to strip regents of their licensing power and to transfer it to governors, such as new government regulations or a revision of the law on minerals and coal.
“We have discussed that with Minister Jero. The response was positive, but it’s just the very beginning of the process. We have just suggested it,” Syahrir said.
Syahrir also said that he and Jero discussed clashes between mining companies, local administrations and local residents.
In the most recent violence, a crowd set fire to Vale Indonesia’s base camp in Morowali, Central Sulawesi, on Monday, demanding that the company stop local operations since local residents did not benefit.
In December, two men were killed by the police in Bima, West Nusa Tenggara, as officers tried to diffuse a protest against PT Sumber Mineral Nusantara (SMN).
Local residents claimed that the company’s operations might disrupt their farms and plantations. Bima Regent Ferry Zulkarnain eventually revoked Sumber Mineral Nusantara’s IUP.
Separately, a mining expert at the ReforMiner Institute, Pri Agung Rakhmanto, said the clashes and permit problems might send a bad message to investors on Indonesia’s investment climate.
Rakhmanto said the clashes were brought on by three factors. First, many impoverished local residents felt that nearby mining activities did not directly improve their living standards.
Second, local administrations were not transparent in informing the people about how much they received from mining activities. Third, the management of mining areas in the nation was still far below expectations.
“The central government actually has the authority to classify and map mining areas, which should be the basis for local administrations to issue IUPs. However, the classification and mapping process have not been completed,” he told The Jakarta Post.
A lawmaker on House of Representatives Commission VII overseeing mining and energy, Satya W. Yudha from the Golkar party, said the House would consider transfering IUP issuance power to governors when it revised the law on minerals and coal.
Source: The Jakarta Post (Rangga D. Fadillah)
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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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- Romanian Commodities Exchange
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Parry Sugars Refinery, India
- Anglo American - United Kingdom
- PowerSource Philippines DevCo
- IHS Mccloskey Coal Group - USA
- Chettinad Cement Corporation Ltd - India
- Mercator Lines Limited - India
- Georgia Ports Authority, United States
- Ind-Barath Power Infra Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bukit Asam (Persero) Tbk - Indonesia
- Petron Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Energy Development Corp, Philippines
- Directorate Of Revenue Intelligence - India
- Orica Australia Pty. Ltd.
- Semirara Mining and Power Corporation, Philippines
- Central Java Power - Indonesia
- GAC Shipping (India) Pvt Ltd
- Power Finance Corporation Ltd., India
- Kepco SPC Power Corporation, Philippines
- Electricity Generating Authority of Thailand
- Price Waterhouse Coopers - Russia
- Thiess Contractors Indonesia
- AsiaOL BioFuels Corp., Philippines
- Cement Manufacturers Association - India
- Binh Thuan Hamico - Vietnam
- PNOC Exploration Corporation - Philippines
- Sree Jayajothi Cements Limited - India
- Manunggal Multi Energi - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Gujarat Sidhee Cement - India
- Holcim Trading Pte Ltd - Singapore
- Essar Steel Hazira Ltd - India
- Toyota Tsusho Corporation, Japan
- India Bulls Power Limited - India
- Xindia Steels Limited - India
- Renaissance Capital - South Africa
- Siam City Cement PLC, Thailand
- Karbindo Abesyapradhi - Indoneisa
- Bayan Resources Tbk. - Indonesia
- Edison Trading Spa - Italy
- International Coal Ventures Pvt Ltd - India
- Standard Chartered Bank - UAE
- Singapore Mercantile Exchange
- Bukit Makmur.PT - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ministry of Transport, Egypt
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Green Power PLC Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Oldendorff Carriers - Singapore
- Ambuja Cements Ltd - India
- Barasentosa Lestari - Indonesia
- Straits Asia Resources Limited - Singapore
- Intertek Mineral Services - Indonesia
- CNBM International Corporation - China
- Baramulti Group, Indonesia
- New Zealand Coal & Carbon
- PetroVietnam Power Coal Import and Supply Company
- Alfred C Toepfer International GmbH - Germany
- Vizag Seaport Private Limited - India
- SMC Global Power, Philippines
- SN Aboitiz Power Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Marubeni Corporation - India
- Bhatia International Limited - India
- Posco Energy - South Korea
- Kapuas Tunggal Persada - Indonesia
- Kaltim Prima Coal - Indonesia
- San Jose City I Power Corp, Philippines
- Banpu Public Company Limited - Thailand
- Simpson Spence & Young - Indonesia
- Interocean Group of Companies - India
- OPG Power Generation Pvt Ltd - India
- GMR Energy Limited - India
- Attock Cement Pakistan Limited
- Sical Logistics Limited - India
- GVK Power & Infra Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Antam Resourcindo - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Goldman Sachs - Singapore
- Sinarmas Energy and Mining - Indonesia
- Parliament of New Zealand
- Aditya Birla Group - India
- Samtan Co., Ltd - South Korea
- Coalindo Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- Kalimantan Lumbung Energi - Indonesia
- Mjunction Services Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Carbofer General Trading SA - India
- Australian Commodity Traders Exchange
- Bulk Trading Sa - Switzerland
- Asmin Koalindo Tuhup - Indonesia
- Maheswari Brothers Coal Limited - India
- Sarangani Energy Corporation, Philippines
- Global Business Power Corporation, Philippines
- Thai Mozambique Logistica
- Indogreen Group - Indonesia
- Planning Commission, India
- Malabar Cements Ltd - India
- Wood Mackenzie - Singapore
- Tamil Nadu electricity Board
- Latin American Coal - Colombia
- Agrawal Coal Company - India
- European Bulk Services B.V. - Netherlands
- Rio Tinto Coal - Australia
- Chamber of Mines of South Africa
- Trasteel International SA, Italy
- Kobexindo Tractors - Indoneisa
- Pipit Mutiara Jaya. PT, Indonesia
- Indika Energy - Indonesia
- Commonwealth Bank - Australia
- Bhushan Steel Limited - India
- Central Electricity Authority - India
- Indonesian Coal Mining Association
- Coal and Oil Company - UAE
- London Commodity Brokers - England
- Kohat Cement Company Ltd. - Pakistan
- Krishnapatnam Port Company Ltd. - India
- Gujarat Electricity Regulatory Commission - India
- TeaM Sual Corporation - Philippines
- Jaiprakash Power Ventures ltd
- VISA Power Limited - India
- Global Coal Blending Company Limited - Australia
- Bharathi Cement Corporation - India
- Indian Energy Exchange, India
- SMG Consultants - Indonesia
- Merrill Lynch Commodities Europe
- The Treasury - Australian Government
- Timah Investasi Mineral - Indoneisa
- Karaikal Port Pvt Ltd - India
- Larsen & Toubro Limited - India
- Kumho Petrochemical, South Korea
- Uttam Galva Steels Limited - India
- Semirara Mining Corp, Philippines
- Minerals Council of Australia
- Leighton Contractors Pty Ltd - Australia
- Pendopo Energi Batubara - Indonesia
- ASAPP Information Group - India
- GN Power Mariveles Coal Plant, Philippines
- Globalindo Alam Lestari - Indonesia
- Bhoruka Overseas - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Deloitte Consulting - India
- Jorong Barutama Greston.PT - Indonesia
- Eastern Energy - Thailand
- Energy Link Ltd, New Zealand
- Maharashtra Electricity Regulatory Commission - India
- Lanco Infratech Ltd - India
- Orica Mining Services - Indonesia
- Salva Resources Pvt Ltd - India
- Africa Commodities Group - South Africa
- Mercuria Energy - Indonesia
- Mintek Dendrill Indonesia
- Therma Luzon, Inc, Philippines
- Kideco Jaya Agung - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Miang Besar Coal Terminal - Indonesia
- Makarim & Taira - Indonesia
- The University of Queensland
- Formosa Plastics Group - Taiwan
- Independent Power Producers Association of India
- Ministry of Mines - Canada
- Indo Tambangraya Megah - Indonesia
- Dalmia Cement Bharat India
- Electricity Authority, New Zealand
- Economic Council, Georgia
- Vijayanagar Sugar Pvt Ltd - India
- Indian Oil Corporation Limited
- Savvy Resources Ltd - HongKong
- Siam City Cement - Thailand
- South Luzon Thermal Energy Corporation
- ICICI Bank Limited - India
- Eastern Coal Council - USA
- Medco Energi Mining Internasional
- Sindya Power Generating Company Private Ltd
- Meralco Power Generation, Philippines
- Borneo Indobara - Indonesia
- Meenaskhi Energy Private Limited - India
- PTC India Limited - India
- Coastal Gujarat Power Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sakthi Sugars Limited - India
- Madhucon Powers Ltd - India
- Tata Chemicals Ltd - India
- Port Waratah Coal Services - Australia
- McConnell Dowell - Australia
- Videocon Industries ltd - India
- IEA Clean Coal Centre - UK
- LBH Netherlands Bv - Netherlands
- Directorate General of MIneral and Coal - Indonesia
- MS Steel International - UAE
- Grasim Industreis Ltd - India
- Altura Mining Limited, Indonesia
- Bukit Baiduri Energy - Indonesia
- Jindal Steel & Power Ltd - India
- Ministry of Finance - Indonesia
- Bangladesh Power Developement Board
- Heidelberg Cement - Germany
- Vedanta Resources Plc - India
- Star Paper Mills Limited - India
- The State Trading Corporation of India Ltd
- Metalloyd Limited - United Kingdom
- White Energy Company Limited
- Australian Coal Association
- CIMB Investment Bank - Malaysia
- Wilmar Investment Holdings
- Sojitz Corporation - Japan
- Riau Bara Harum - Indonesia
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