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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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Saturday, 11 February 12
WILL HISTORY REPEAT ITSELF IN THIS SHIPPING CYCLE? - CLARKSONS / HELLENIC SHIPPING
A slightly dubious "best man" joke runs as follows… Best man (giving his wedding speech): "Have you noticed how history repeat ...
Friday, 10 February 12
TONNAGE KEEPS ON COMING - DREWRY
Drewry Maritime Research’s latest edition of its Dry Bulk Forecaster pulls no punches in its assessment of a market that looks certain to cont ...
Thursday, 09 February 12
AUSTRALIA'S EPIC TO ACQUIRE 15,500 HA COAL EXPLORATION LICENCES IN EAST KALIMANTAN, INDONESIA
COALspot.com - Epic Resources Limited to acquire two coal concessions in Kutai Barat regency, East Kalimantan, Indonesia.
According to company's ...
Thursday, 09 February 12
RESOURCE ALAM BUYS 28,521HA CONCESSIONS - INSIDER STORIES
Insider Stories reported that, PT Resource Alam Indonesia Tbk (KKGI), owned by Adijanto family, today announced acquisition of 75% interest in PT Ka ...
Tuesday, 07 February 12
DRY BULK MARKET FINALLY STOPS DECLINE, POSTS FIRST RISE IN MORE THAN A MONTH - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
After falling to near record lows, not seen since the mid-80s the dry bulk market has finally stopped its path to "hell", with the industr ...
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- Central Electricity Authority - India
- Energy Development Corp, Philippines
- Attock Cement Pakistan Limited
- Grasim Industreis Ltd - India
- Therma Luzon, Inc, Philippines
- Commonwealth Bank - Australia
- Dalmia Cement Bharat India
- Bukit Asam (Persero) Tbk - Indonesia
- Tata Chemicals Ltd - India
- Mjunction Services Limited - India
- Ministry of Finance - Indonesia
- Thai Mozambique Logistica
- Kapuas Tunggal Persada - Indonesia
- Ind-Barath Power Infra Limited - India
- Bayan Resources Tbk. - Indonesia
- Riau Bara Harum - Indonesia
- Coastal Gujarat Power Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Simpson Spence & Young - Indonesia
- European Bulk Services B.V. - Netherlands
- Borneo Indobara - Indonesia
- London Commodity Brokers - England
- Gujarat Mineral Development Corp Ltd - India
- Ministry of Transport, Egypt
- Global Business Power Corporation, Philippines
- Marubeni Corporation - India
- GAC Shipping (India) Pvt Ltd
- The University of Queensland
- Economic Council, Georgia
- Carbofer General Trading SA - India
- ASAPP Information Group - India
- GVK Power & Infra Limited - India
- Price Waterhouse Coopers - Russia
- Edison Trading Spa - Italy
- Indika Energy - Indonesia
- White Energy Company Limited
- PowerSource Philippines DevCo
- Neyveli Lignite Corporation Ltd, - India
- Holcim Trading Pte Ltd - Singapore
- Tamil Nadu electricity Board
- Mintek Dendrill Indonesia
- Mercuria Energy - Indonesia
- MS Steel International - UAE
- Port Waratah Coal Services - Australia
- Thiess Contractors Indonesia
- SMC Global Power, Philippines
- PTC India Limited - India
- Minerals Council of Australia
- McConnell Dowell - Australia
- Manunggal Multi Energi - Indonesia
- Parry Sugars Refinery, India
- Kaltim Prima Coal - Indonesia
- Intertek Mineral Services - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Semirara Mining Corp, Philippines
- Maheswari Brothers Coal Limited - India
- Parliament of New Zealand
- Meenaskhi Energy Private Limited - India
- Standard Chartered Bank - UAE
- Krishnapatnam Port Company Ltd. - India
- Aboitiz Power Corporation - Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Iligan Light & Power Inc, Philippines
- Xindia Steels Limited - India
- Altura Mining Limited, Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PetroVietnam Power Coal Import and Supply Company
- Chamber of Mines of South Africa
- Star Paper Mills Limited - India
- Anglo American - United Kingdom
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Sojitz Corporation - Japan
- Latin American Coal - Colombia
- Vedanta Resources Plc - India
- Deloitte Consulting - India
- Indian Oil Corporation Limited
- Medco Energi Mining Internasional
- Karbindo Abesyapradhi - Indoneisa
- Trasteel International SA, Italy
- Bangladesh Power Developement Board
- Singapore Mercantile Exchange
- Planning Commission, India
- Merrill Lynch Commodities Europe
- Wood Mackenzie - Singapore
- Ambuja Cements Ltd - India
- Orica Mining Services - Indonesia
- Bhushan Steel Limited - India
- Miang Besar Coal Terminal - Indonesia
- Kartika Selabumi Mining - Indonesia
- CIMB Investment Bank - Malaysia
- Baramulti Group, Indonesia
- Timah Investasi Mineral - Indoneisa
- Electricity Authority, New Zealand
- Gujarat Sidhee Cement - India
- Cigading International Bulk Terminal - Indonesia
- Madhucon Powers Ltd - India
- Jaiprakash Power Ventures ltd
- AsiaOL BioFuels Corp., Philippines
- San Jose City I Power Corp, Philippines
- VISA Power Limited - India
- Kepco SPC Power Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Banpu Public Company Limited - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Georgia Ports Authority, United States
- Asmin Koalindo Tuhup - Indonesia
- Rio Tinto Coal - Australia
- Antam Resourcindo - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- IEA Clean Coal Centre - UK
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indo Tambangraya Megah - Indonesia
- Karaikal Port Pvt Ltd - India
- Malabar Cements Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- SMG Consultants - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Heidelberg Cement - Germany
- Toyota Tsusho Corporation, Japan
- Africa Commodities Group - South Africa
- Meralco Power Generation, Philippines
- The State Trading Corporation of India Ltd
- India Bulls Power Limited - India
- Kohat Cement Company Ltd. - Pakistan
- IHS Mccloskey Coal Group - USA
- Vizag Seaport Private Limited - India
- Coalindo Energy - Indonesia
- Essar Steel Hazira Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- ICICI Bank Limited - India
- Renaissance Capital - South Africa
- LBH Netherlands Bv - Netherlands
- Sical Logistics Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- International Coal Ventures Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Alfred C Toepfer International GmbH - Germany
- Pendopo Energi Batubara - Indonesia
- Orica Australia Pty. Ltd.
- Bhatia International Limited - India
- Directorate Of Revenue Intelligence - India
- Indian Energy Exchange, India
- Australian Commodity Traders Exchange
- Goldman Sachs - Singapore
- Siam City Cement - Thailand
- Kideco Jaya Agung - Indonesia
- Samtan Co., Ltd - South Korea
- Ministry of Mines - Canada
- South Luzon Thermal Energy Corporation
- Larsen & Toubro Limited - India
- Indogreen Group - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Electricity Generating Authority of Thailand
- Oldendorff Carriers - Singapore
- Sree Jayajothi Cements Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Kalimantan Lumbung Energi - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Kumho Petrochemical, South Korea
- Petron Corporation, Philippines
- Eastern Energy - Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Directorate General of MIneral and Coal - Indonesia
- The Treasury - Australian Government
- Bukit Makmur.PT - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Binh Thuan Hamico - Vietnam
- Agrawal Coal Company - India
- Bharathi Cement Corporation - India
- Sarangani Energy Corporation, Philippines
- Siam City Cement PLC, Thailand
- Bulk Trading Sa - Switzerland
- Jindal Steel & Power Ltd - India
- Wilmar Investment Holdings
- Sakthi Sugars Limited - India
- Rashtriya Ispat Nigam Limited - India
- Metalloyd Limited - United Kingdom
- TeaM Sual Corporation - Philippines
- Eastern Coal Council - USA
- Billiton Holdings Pty Ltd - Australia
- Makarim & Taira - Indonesia
- Mercator Lines Limited - India
- CNBM International Corporation - China
- Bhoruka Overseas - Indonesia
- Salva Resources Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Energy Link Ltd, New Zealand
- Formosa Plastics Group - Taiwan
- Gujarat Electricity Regulatory Commission - India
- Global Green Power PLC Corporation, Philippines
- Romanian Commodities Exchange
- Coal and Oil Company - UAE
- Indonesian Coal Mining Association
- Globalindo Alam Lestari - Indonesia
- Global Coal Blending Company Limited - Australia
- Central Java Power - Indonesia
- Videocon Industries ltd - India
- Chettinad Cement Corporation Ltd - India
- Straits Asia Resources Limited - Singapore
- Cement Manufacturers Association - India
- Independent Power Producers Association of India
- Australian Coal Association
- Aditya Birla Group - India
- Lanco Infratech Ltd - India
- Interocean Group of Companies - India
- New Zealand Coal & Carbon
- OPG Power Generation Pvt Ltd - India
- GMR Energy Limited - India
- Kobexindo Tractors - Indoneisa
- PNOC Exploration Corporation - Philippines
- Posco Energy - South Korea
- Bukit Baiduri Energy - Indonesia
- Savvy Resources Ltd - HongKong
- Uttam Galva Steels Limited - India
- Leighton Contractors Pty Ltd - Australia
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