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Thursday, 07 June 12
COAL EXPORT TAX NOT RATIONAL: MINISTER - THE JAKARTA POST
 Trade Minister Gita Wirjawan has criticized as irrational the idea to restrict coal exports by imposing an export tax, According to The Jakarta post, one of the Indonesia's leading English news paper.
The paper further reported that, "There has been a growing discourse regarding coal exports. Rationally speaking, we have signed a working contract with coal mining companies and by that, they have to pay 45 percent of royalties and taxes," Gita told reporters on Wednesday.
"Then there is a plan to tax coal exports coming out of nowhere. This could be regarded as a violation of the signed working contract," he added.
According JP, Gita said that it would be irrational to impose other kind of taxes on companies that had already paid royalties and taxes.
The idea of imposing an export tax on coal was recently raised by Energy and Mineral Resources Minister Jero Wacik.
On Monday, while opening of Coaltrans Asia conference in Bali, Energy and Minerals Minister Jero Wacik said the country was looking into imposing levies on coal shipments to regulate the outflow of the mineral and save it for domestic use.
Accordign to COALspot.com, Indonesian government’s declared coal prices or know as HBA has fell 5.36 percent in June 2012, to US$ 96.65 from May 2012 price or -18.80% Y-o-Y.
The buyers of Indonesian coal were looking for low price from their counterpart. The during the Coaltrans Asia conference, Indonesian 3800 GAR coal was offered between US$ 38- 39 per MT against the bids of US$ 35-36 per MT. In the meantime 4200 GAR coal was bid at low 40.
Some Indian traders from India claimed that, they were successfully concluded 3800 GAR coal of East Kalimantan origin at below US$ 36/ MT for spot loading. The suppliers of Indonesian coal were struggling to keep their cash flow as well as their coal stock inventory due to low demand as well as low price. (additional reports by COALspot.com)
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Tuesday, 16 October 12
DRY BULK FREIGHT RATES COULD IMPROVE ON CHINESE STIMULUS AND WINTER CARGO DEMAND SAYS BIMCO - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
BIMCO has given out its forecast for the next six weeks, in terms of freight rates for dry bulk carriers. According to them, Capesize TC Average rat ...
Monday, 15 October 12
IT'S STRICTLY COME CHARTERING - CLARKSON RESEARCH SERVICES
The charter market is a bit of a dance between ship owner and charterer: one leader, one follower; one step, two steps, turn... The dance is symbiot ...
Sunday, 14 October 12
SUB-BIT INDONESIA COAL AND CFR SOUTH CHINA COAL SWAPS: SOFT
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for December 2012 delivery lost 0.329 percent w- w but gained 0.248 percent d-d on Friday, 12 Oct ...
Sunday, 14 October 12
SUPRAMAX FREIGHT STEADY: PANAMAX FREIGHTS FIRM - VISTAAR
COALspot.com - The shipping market saw some hectic activity in the Cape and panamax sector and quite a lot of fixtures reported.
The BDI was up b ...
Friday, 12 October 12
HOW REAL IS THE THREAT OF PIRACY? - BIMCO
The threat of modern piracy remains serious, regardless of its seasonal variations and the fact that it is chiefly confined to the Indian Ocean, Gul ...
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- PNOC Exploration Corporation - Philippines
- Cement Manufacturers Association - India
- GAC Shipping (India) Pvt Ltd
- Bukit Baiduri Energy - Indonesia
- European Bulk Services B.V. - Netherlands
- PowerSource Philippines DevCo
- Salva Resources Pvt Ltd - India
- Wood Mackenzie - Singapore
- VISA Power Limited - India
- Tamil Nadu electricity Board
- Renaissance Capital - South Africa
- Marubeni Corporation - India
- Anglo American - United Kingdom
- Makarim & Taira - Indonesia
- Port Waratah Coal Services - Australia
- Tata Chemicals Ltd - India
- Baramulti Group, Indonesia
- Rio Tinto Coal - Australia
- Australian Commodity Traders Exchange
- Bukit Asam (Persero) Tbk - Indonesia
- Kaltim Prima Coal - Indonesia
- IEA Clean Coal Centre - UK
- Attock Cement Pakistan Limited
- Romanian Commodities Exchange
- Dalmia Cement Bharat India
- ICICI Bank Limited - India
- Parry Sugars Refinery, India
- Sree Jayajothi Cements Limited - India
- Miang Besar Coal Terminal - Indonesia
- PTC India Limited - India
- Holcim Trading Pte Ltd - Singapore
- Oldendorff Carriers - Singapore
- London Commodity Brokers - England
- International Coal Ventures Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Aditya Birla Group - India
- Timah Investasi Mineral - Indoneisa
- Bukit Makmur.PT - Indonesia
- IHS Mccloskey Coal Group - USA
- Karaikal Port Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Energy Link Ltd, New Zealand
- Bangladesh Power Developement Board
- Simpson Spence & Young - Indonesia
- Merrill Lynch Commodities Europe
- SMG Consultants - Indonesia
- Mintek Dendrill Indonesia
- Jindal Steel & Power Ltd - India
- Iligan Light & Power Inc, Philippines
- Sindya Power Generating Company Private Ltd
- PetroVietnam Power Coal Import and Supply Company
- Manunggal Multi Energi - Indonesia
- Directorate Of Revenue Intelligence - India
- Meenaskhi Energy Private Limited - India
- Gujarat Sidhee Cement - India
- Barasentosa Lestari - Indonesia
- Savvy Resources Ltd - HongKong
- Neyveli Lignite Corporation Ltd, - India
- Sical Logistics Limited - India
- Parliament of New Zealand
- Aboitiz Power Corporation - Philippines
- Orica Mining Services - Indonesia
- Bhoruka Overseas - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Metalloyd Limited - United Kingdom
- Rashtriya Ispat Nigam Limited - India
- Semirara Mining and Power Corporation, Philippines
- Agrawal Coal Company - India
- Central Java Power - Indonesia
- Electricity Authority, New Zealand
- India Bulls Power Limited - India
- Indogreen Group - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Goldman Sachs - Singapore
- Kalimantan Lumbung Energi - Indonesia
- San Jose City I Power Corp, Philippines
- Edison Trading Spa - Italy
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Central Electricity Authority - India
- Sakthi Sugars Limited - India
- Thai Mozambique Logistica
- Bhushan Steel Limited - India
- SN Aboitiz Power Inc, Philippines
- Essar Steel Hazira Ltd - India
- Eastern Coal Council - USA
- Ministry of Finance - Indonesia
- Siam City Cement - Thailand
- South Luzon Thermal Energy Corporation
- Kideco Jaya Agung - Indonesia
- Trasteel International SA, Italy
- Gujarat Electricity Regulatory Commission - India
- TNB Fuel Sdn Bhd - Malaysia
- Petron Corporation, Philippines
- Bharathi Cement Corporation - India
- Commonwealth Bank - Australia
- Karbindo Abesyapradhi - Indoneisa
- Globalindo Alam Lestari - Indonesia
- Energy Development Corp, Philippines
- Vizag Seaport Private Limited - India
- Indika Energy - Indonesia
- Sojitz Corporation - Japan
- Riau Bara Harum - Indonesia
- White Energy Company Limited
- SMC Global Power, Philippines
- Grasim Industreis Ltd - India
- Thiess Contractors Indonesia
- Price Waterhouse Coopers - Russia
- Alfred C Toepfer International GmbH - Germany
- Sinarmas Energy and Mining - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Global Coal Blending Company Limited - Australia
- Eastern Energy - Thailand
- Kapuas Tunggal Persada - Indonesia
- Coalindo Energy - Indonesia
- Independent Power Producers Association of India
- Planning Commission, India
- Billiton Holdings Pty Ltd - Australia
- Meralco Power Generation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Medco Energi Mining Internasional
- Indonesian Coal Mining Association
- Banpu Public Company Limited - Thailand
- Larsen & Toubro Limited - India
- Africa Commodities Group - South Africa
- Kohat Cement Company Ltd. - Pakistan
- Indo Tambangraya Megah - Indonesia
- Kumho Petrochemical, South Korea
- Georgia Ports Authority, United States
- Kartika Selabumi Mining - Indonesia
- GVK Power & Infra Limited - India
- Borneo Indobara - Indonesia
- Indian Oil Corporation Limited
- Petrochimia International Co. Ltd.- Taiwan
- Malabar Cements Ltd - India
- Chettinad Cement Corporation Ltd - India
- Carbofer General Trading SA - India
- Semirara Mining Corp, Philippines
- Videocon Industries ltd - India
- Ceylon Electricity Board - Sri Lanka
- Mercuria Energy - Indonesia
- Interocean Group of Companies - India
- Bayan Resources Tbk. - Indonesia
- Straits Asia Resources Limited - Singapore
- Mercator Lines Limited - India
- Singapore Mercantile Exchange
- Standard Chartered Bank - UAE
- Kobexindo Tractors - Indoneisa
- Ministry of Transport, Egypt
- Global Green Power PLC Corporation, Philippines
- Australian Coal Association
- Jorong Barutama Greston.PT - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Vedanta Resources Plc - India
- Siam City Cement PLC, Thailand
- ASAPP Information Group - India
- Wilmar Investment Holdings
- Global Business Power Corporation, Philippines
- Bhatia International Limited - India
- Xindia Steels Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bulk Trading Sa - Switzerland
- Directorate General of MIneral and Coal - Indonesia
- Electricity Generating Authority of Thailand
- Indian Energy Exchange, India
- The State Trading Corporation of India Ltd
- TeaM Sual Corporation - Philippines
- Coal and Oil Company - UAE
- Cigading International Bulk Terminal - Indonesia
- Deloitte Consulting - India
- Power Finance Corporation Ltd., India
- Ind-Barath Power Infra Limited - India
- Mjunction Services Limited - India
- Toyota Tsusho Corporation, Japan
- Economic Council, Georgia
- Orica Australia Pty. Ltd.
- Binh Thuan Hamico - Vietnam
- Minerals Council of Australia
- LBH Netherlands Bv - Netherlands
- Chamber of Mines of South Africa
- Therma Luzon, Inc, Philippines
- Kepco SPC Power Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- GMR Energy Limited - India
- Samtan Co., Ltd - South Korea
- Antam Resourcindo - Indonesia
- MS Steel International - UAE
- Formosa Plastics Group - Taiwan
- OPG Power Generation Pvt Ltd - India
- New Zealand Coal & Carbon
- Sarangani Energy Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Ministry of Mines - Canada
- Ambuja Cements Ltd - India
- Intertek Mineral Services - Indonesia
- CNBM International Corporation - China
- Vijayanagar Sugar Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Latin American Coal - Colombia
- The Treasury - Australian Government
- Heidelberg Cement - Germany
- Posco Energy - South Korea
- Star Paper Mills Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Madhucon Powers Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Uttam Galva Steels Limited - India
- Altura Mining Limited, Indonesia
- CIMB Investment Bank - Malaysia
- AsiaOL BioFuels Corp., Philippines
- McConnell Dowell - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- The University of Queensland
- Lanco Infratech Ltd - India
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