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Tuesday, 23 October 12
INDONESIA SETS DMO FOR NEXT YEAR
COALspot.com - The Indonesian government has declared the quantity of coal to be supplied to domestic market in 2013 recently under DMO regulation. According to media reports, the government has sets 74.30 million tons of coal under domestic market obligation (DMO) in 2013. The 2013, DMO volume is equivalent to 20.30 percent of the target production volume or is around 337 million tons to 366.04 million tons forecasted production level.
Year 2012, government has forecasted to produce around 332 million tons, but in 2013, the forecasted production level of coal has increased at least by 10.24 percent. However DMO allocation for next year has dropped by 9.44 percent compared to the DMO of this year. Government has asked the selected coal producers to allocate 82.02 million tones coal in 2012, where’s next year, government has sets only around 74.30 million tons.
According to media reports, director general of mineral and coal ministry of energy and mineral resources (ESDM), Sihite Thamrin said the DMO obligation will be applicable only for 74 coal producers
However he also indicated that, the companies do not meet DMO sales, will receive sanctions from mining department. However he has not disclosed, the mode of sanction that, the companies may receive against non fulfillment of DMO from the ministry.
The obligation to sell coal to the domestic market in 2013 has regulated by a ministerial Decree No. 2934 / 2012. The decree said that, as many as 28 mining business license (IUP) holders are required to set aside as much as 10.31 percent of their total coal production for domestic needs in 2013.
In the meanwhile, 45 coal contract of works (PKP2B or CCoW) holder were required to allocate total 61.76 million tons of coal to domestic market under DMO obligation in 2013. The state-owned coal miner PT Bukit Asam Tbk is expected to allocate 2.2 million tons in 2013 to domestic market.
According to decree signed by Minister of Energy and Mineral Resources Jero Wacik on October 8, Indonesia’s largest coal producers such as PT Adaro Indonesia, and PT Kaltim Prima Coal will allocate 10.15 million tons and 10.76 million tons respectively for domestic market in 2013.
According to media reports, Thamrin explained, the volume of domestic requirements set by the government based on the request of domestic companies including PT PLN, Freeport, Newmont and other private companies.
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Friday, 09 November 12
SHIP OWNERS TURN TO SECOND HAND VESSELS, WHICH COME AT ATTRACTIVE PRICES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The attractiveness of modern second hand vessels, which are often priced aggressively can't be ignored by cash-rich ship owners, who are taking adv ...
Thursday, 08 November 12
LARGE ECO SUPRA : INDO - INDIA NOW FIXED AT USD 11K FOR DELIVERY SINGAPORE - FEARNLEYS
Handy
The Atlantic market continues to remain weak with rates further softening on FH. Rates from USG to Feast were around USD 14k and Black Sea to ...
Thursday, 08 November 12
DRY BULK MARKET RETREATS AGAIN ON HIGHER SHIP SUPPLY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
In further evidence of a latest round of dry bulk shipping misery, the industry's benchmark fell for the 11th straight session yesterday, as the in ...
Thursday, 08 November 12
JOIN CHINA STEAM COAL SUPPLY - DEMAND FORUM
Join China Steam Coal Supply-Demand Forum & Visit Shenhua Yudean Zhuhai Port Coal Terminal
Press Release - Organized by CBI BIZ and suppo ...
Wednesday, 07 November 12
NEWBUILDING ORDERING ACTIVITY ON A STEADY PACE PRIOR TO THE END OF THE YEAR - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Newbuilding orders, which to many involved in the shipping industry, are the main reason of today's low freight rates and subsequent financial prob ...
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- Holcim Trading Pte Ltd - Singapore
- GMR Energy Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Kideco Jaya Agung - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Port Waratah Coal Services - Australia
- Edison Trading Spa - Italy
- Trasteel International SA, Italy
- Jindal Steel & Power Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Karaikal Port Pvt Ltd - India
- Electricity Authority, New Zealand
- Coastal Gujarat Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- GAC Shipping (India) Pvt Ltd
- Mercuria Energy - Indonesia
- Attock Cement Pakistan Limited
- Sindya Power Generating Company Private Ltd
- Larsen & Toubro Limited - India
- Mercator Lines Limited - India
- Merrill Lynch Commodities Europe
- Meralco Power Generation, Philippines
- Bhoruka Overseas - Indonesia
- Samtan Co., Ltd - South Korea
- Agrawal Coal Company - India
- London Commodity Brokers - England
- Madhucon Powers Ltd - India
- Videocon Industries ltd - India
- Meenaskhi Energy Private Limited - India
- TeaM Sual Corporation - Philippines
- Asmin Koalindo Tuhup - Indonesia
- New Zealand Coal & Carbon
- Parry Sugars Refinery, India
- IHS Mccloskey Coal Group - USA
- Star Paper Mills Limited - India
- Essar Steel Hazira Ltd - India
- Parliament of New Zealand
- Bangladesh Power Developement Board
- SMC Global Power, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Indian Energy Exchange, India
- Karbindo Abesyapradhi - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- Indian Oil Corporation Limited
- Anglo American - United Kingdom
- Barasentosa Lestari - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Singapore Mercantile Exchange
- Chettinad Cement Corporation Ltd - India
- Grasim Industreis Ltd - India
- Independent Power Producers Association of India
- Mjunction Services Limited - India
- The Treasury - Australian Government
- Xindia Steels Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Metalloyd Limited - United Kingdom
- Toyota Tsusho Corporation, Japan
- Banpu Public Company Limited - Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Therma Luzon, Inc, Philippines
- Economic Council, Georgia
- Petron Corporation, Philippines
- Ministry of Finance - Indonesia
- Central Java Power - Indonesia
- Wilmar Investment Holdings
- Bukit Baiduri Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- Dalmia Cement Bharat India
- Price Waterhouse Coopers - Russia
- Indogreen Group - Indonesia
- Riau Bara Harum - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Renaissance Capital - South Africa
- McConnell Dowell - Australia
- Manunggal Multi Energi - Indonesia
- Formosa Plastics Group - Taiwan
- Iligan Light & Power Inc, Philippines
- IEA Clean Coal Centre - UK
- International Coal Ventures Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Miang Besar Coal Terminal - Indonesia
- Georgia Ports Authority, United States
- Orica Australia Pty. Ltd.
- Ministry of Transport, Egypt
- Ambuja Cements Ltd - India
- SMG Consultants - Indonesia
- Coalindo Energy - Indonesia
- Central Electricity Authority - India
- Sree Jayajothi Cements Limited - India
- Semirara Mining and Power Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Interocean Group of Companies - India
- Bayan Resources Tbk. - Indonesia
- Vedanta Resources Plc - India
- Kumho Petrochemical, South Korea
- TNB Fuel Sdn Bhd - Malaysia
- Bhushan Steel Limited - India
- Indika Energy - Indonesia
- Siam City Cement - Thailand
- India Bulls Power Limited - India
- Pendopo Energi Batubara - Indonesia
- Africa Commodities Group - South Africa
- Leighton Contractors Pty Ltd - Australia
- Alfred C Toepfer International GmbH - Germany
- Timah Investasi Mineral - Indoneisa
- Gujarat Mineral Development Corp Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Energy Development Corp, Philippines
- CIMB Investment Bank - Malaysia
- Sarangani Energy Corporation, Philippines
- Minerals Council of Australia
- Australian Coal Association
- Antam Resourcindo - Indonesia
- Malabar Cements Ltd - India
- Eastern Energy - Thailand
- Jorong Barutama Greston.PT - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Globalindo Alam Lestari - Indonesia
- Posco Energy - South Korea
- San Jose City I Power Corp, Philippines
- Bharathi Cement Corporation - India
- Kobexindo Tractors - Indoneisa
- The University of Queensland
- Binh Thuan Hamico - Vietnam
- Intertek Mineral Services - Indonesia
- Maheswari Brothers Coal Limited - India
- OPG Power Generation Pvt Ltd - India
- Romanian Commodities Exchange
- Thai Mozambique Logistica
- Tata Chemicals Ltd - India
- Lanco Infratech Ltd - India
- Deloitte Consulting - India
- Planning Commission, India
- White Energy Company Limited
- AsiaOL BioFuels Corp., Philippines
- Ministry of Mines - Canada
- ICICI Bank Limited - India
- Baramulti Group, Indonesia
- Goldman Sachs - Singapore
- The State Trading Corporation of India Ltd
- Makarim & Taira - Indonesia
- Sakthi Sugars Limited - India
- VISA Power Limited - India
- Semirara Mining Corp, Philippines
- CNBM International Corporation - China
- Vijayanagar Sugar Pvt Ltd - India
- Uttam Galva Steels Limited - India
- ASAPP Information Group - India
- Aboitiz Power Corporation - Philippines
- Gujarat Electricity Regulatory Commission - India
- Cement Manufacturers Association - India
- Thiess Contractors Indonesia
- Altura Mining Limited, Indonesia
- Jaiprakash Power Ventures ltd
- Kapuas Tunggal Persada - Indonesia
- Borneo Indobara - Indonesia
- South Luzon Thermal Energy Corporation
- Gujarat Sidhee Cement - India
- Siam City Cement PLC, Thailand
- Chamber of Mines of South Africa
- Rio Tinto Coal - Australia
- PTC India Limited - India
- Power Finance Corporation Ltd., India
- Kohat Cement Company Ltd. - Pakistan
- Standard Chartered Bank - UAE
- Savvy Resources Ltd - HongKong
- Mintek Dendrill Indonesia
- Rashtriya Ispat Nigam Limited - India
- Indonesian Coal Mining Association
- Ceylon Electricity Board - Sri Lanka
- Vizag Seaport Private Limited - India
- Bulk Trading Sa - Switzerland
- Aditya Birla Group - India
- LBH Netherlands Bv - Netherlands
- Bhatia International Limited - India
- Simpson Spence & Young - Indonesia
- GVK Power & Infra Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Electricity Generating Authority of Thailand
- Coal and Oil Company - UAE
- Sojitz Corporation - Japan
- Heidelberg Cement - Germany
- Salva Resources Pvt Ltd - India
- Kaltim Prima Coal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- European Bulk Services B.V. - Netherlands
- Orica Mining Services - Indonesia
- Carbofer General Trading SA - India
- MS Steel International - UAE
- Ind-Barath Power Infra Limited - India
- Sical Logistics Limited - India
- Tamil Nadu electricity Board
- Oldendorff Carriers - Singapore
- SN Aboitiz Power Inc, Philippines
- Energy Link Ltd, New Zealand
- Medco Energi Mining Internasional
- Indo Tambangraya Megah - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Global Business Power Corporation, Philippines
- Marubeni Corporation - India
- Commonwealth Bank - Australia
- Krishnapatnam Port Company Ltd. - India
- Latin American Coal - Colombia
- GN Power Mariveles Coal Plant, Philippines
- PowerSource Philippines DevCo
- Bank of Tokyo Mitsubishi UFJ Ltd
- PNOC Exploration Corporation - Philippines
- Eastern Coal Council - USA
- Wood Mackenzie - Singapore
- Bukit Makmur.PT - Indonesia
- Australian Commodity Traders Exchange
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Straits Asia Resources Limited - Singapore
- Directorate Of Revenue Intelligence - India
- Global Green Power PLC Corporation, Philippines
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