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Sunday, 10 March 13
INDONESIA'S FORESTRY DEPARTMENT IS TO INCREASE BORROW-TO-USE PERMITS (IJIN PINJAM PAKAI) FEE SOON
 COALspot.com : Indonesia to increase borrows-to-use permit fees by 33.33 percent. The government of Indonesia is planning to increase the state’s non-tax revenues (PNBP) by raising the fee for a borrow-to-use permit (Ijin Pinjam Pakai) from Indonesian Rupiah 3 million (approximately US$ 309.85) to Indonesian Rupiah 4 million (approximately US$ 413.13) per hectare per annum. According to the government regulation, no. 2 of 2008 IPPKH, a tariff of Rp. 3 million (approximately US$ 309.85) per hectare, to be paid to obtain a borrow-to-use permit, in particular for mining activities.
The fee increase will be varied depends on industry. However, the highest increase will be for mining activities. This increase of permit fee is part of implementation of Law. 41/1999 on Forestry, according to minister of Forestry.
The minister of Forestry recently said to media that, "Currently we are waiting for the Government Regulation." According to him, Indonesian cabinet has agreed to increase fee and waiting for government regulation, which has to be signed by President of Indonesia.
Media reports further said that, Indonesian Ministry of Forestry had issued 735 (total) borrow-to-use permits (Ijin Pinjam Pakai) as of January 2013.
466 permits issued specifically for exploration purpose covering around 2.434 million hectares related to oil and gas, metals, other minerals, coal, mineral C, geothermal and mine infrastructure industry. In addition to that, Ministry also has issued another 369 permits for exploitation purpose covering 366,703 hectares.
According to an Article, 50 paragraphs (3) of Law no. 41 Years 1999 on Forestry ("Law 41/1999") any activity in forestry area is prohibited before obtaining the permit from the competent authority (the Ministry of Forestry). Prior to obtain the borrow-to-use permits, the mining activities, including exploration should not be conducted.
The company which violates the provisions is subject to criminal sanctions under Article 78 of Law 41/1999, such as including but not limited to imprisonment (for the director or authorized to represent the company) and fines and also confiscation of machineries, heavy equipments and other equipment used to explore, exploit and transport.
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Friday, 28 June 13
U.S. PRODUCED 1.52 PERCENT LESS COAL WEEK ON WEEK
COALspot.com – United states the world’s second largest coal producer produced totaled approximately 19.40 million short tons (mmst) of ...
Thursday, 27 June 13
US COAL EXPORTS BEATS CHINESE COAL IMPORTS AS THE MOST INFLUENTIAL COAL TRADE - BIMCO
The influence of American coal exports on seaborne transportation has grown significantly over the past decade. In 2002, the US exported 20.1 millio ...
Thursday, 27 June 13
HANDY : USD 12000 FOR SPOT COAL INDO/CHINA AND AROUND USD 13000 INDO/ECI - FEARNLEYS
Handy
Atlantic rates hold well. Continent to Far East is worth more than USD 14k daily whilst USG to Far East pay 23/24k a day. On the route from B ...
Thursday, 27 June 13
DRY BULK CARRIERS DOMINATE NEWBUILDING ORDERS AS SHIP OWNERS ARE ENCOURAGED BY LATEST FREIGHT RATE RALLY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Newbuilding orders for dry bulk carriers were already high, compared to last year, prior to the latest rally of the Baltic Dry Index (BDI), which ha ...
Tuesday, 25 June 13
CAPESIZE MARKET TO REMAIN BULLISH SAYS ANALYST - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market has been experiencing its long-awaited rally, with the Baltic Dry Index, the industry's benchmark rising to healthier levels fo ...
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- Bank of Tokyo Mitsubishi UFJ Ltd
- Kobexindo Tractors - Indoneisa
- Medco Energi Mining Internasional
- Semirara Mining Corp, Philippines
- Parliament of New Zealand
- Mercuria Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Power Finance Corporation Ltd., India
- Manunggal Multi Energi - Indonesia
- Coal and Oil Company - UAE
- AsiaOL BioFuels Corp., Philippines
- Semirara Mining and Power Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Indonesian Coal Mining Association
- Sarangani Energy Corporation, Philippines
- Bhushan Steel Limited - India
- Iligan Light & Power Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Heidelberg Cement - Germany
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kideco Jaya Agung - Indonesia
- Star Paper Mills Limited - India
- Gujarat Electricity Regulatory Commission - India
- Jorong Barutama Greston.PT - Indonesia
- Madhucon Powers Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Latin American Coal - Colombia
- Indogreen Group - Indonesia
- Electricity Authority, New Zealand
- Baramulti Group, Indonesia
- Indian Oil Corporation Limited
- Eastern Energy - Thailand
- Xindia Steels Limited - India
- Sree Jayajothi Cements Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Rashtriya Ispat Nigam Limited - India
- Independent Power Producers Association of India
- Edison Trading Spa - Italy
- Billiton Holdings Pty Ltd - Australia
- SMG Consultants - Indonesia
- Eastern Coal Council - USA
- Kapuas Tunggal Persada - Indonesia
- The University of Queensland
- PTC India Limited - India
- Central Electricity Authority - India
- Maheswari Brothers Coal Limited - India
- Coastal Gujarat Power Limited - India
- Alfred C Toepfer International GmbH - Germany
- Global Green Power PLC Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Port Waratah Coal Services - Australia
- Coalindo Energy - Indonesia
- Energy Development Corp, Philippines
- Sical Logistics Limited - India
- Vedanta Resources Plc - India
- Neyveli Lignite Corporation Ltd, - India
- Mintek Dendrill Indonesia
- Sinarmas Energy and Mining - Indonesia
- Oldendorff Carriers - Singapore
- Meenaskhi Energy Private Limited - India
- Samtan Co., Ltd - South Korea
- Merrill Lynch Commodities Europe
- Gujarat Mineral Development Corp Ltd - India
- Thai Mozambique Logistica
- Savvy Resources Ltd - HongKong
- Bhatia International Limited - India
- Energy Link Ltd, New Zealand
- Deloitte Consulting - India
- IEA Clean Coal Centre - UK
- Aditya Birla Group - India
- Australian Coal Association
- Bangladesh Power Developement Board
- Karbindo Abesyapradhi - Indoneisa
- Kumho Petrochemical, South Korea
- Aboitiz Power Corporation - Philippines
- Carbofer General Trading SA - India
- Trasteel International SA, Italy
- Dalmia Cement Bharat India
- Meralco Power Generation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Parry Sugars Refinery, India
- Straits Asia Resources Limited - Singapore
- Sakthi Sugars Limited - India
- Orica Australia Pty. Ltd.
- Bukit Asam (Persero) Tbk - Indonesia
- Cement Manufacturers Association - India
- Electricity Generating Authority of Thailand
- Standard Chartered Bank - UAE
- White Energy Company Limited
- SMC Global Power, Philippines
- Karaikal Port Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Anglo American - United Kingdom
- Romanian Commodities Exchange
- Indika Energy - Indonesia
- Bukit Baiduri Energy - Indonesia
- India Bulls Power Limited - India
- Metalloyd Limited - United Kingdom
- Indo Tambangraya Megah - Indonesia
- Jaiprakash Power Ventures ltd
- OPG Power Generation Pvt Ltd - India
- Tata Chemicals Ltd - India
- Pendopo Energi Batubara - Indonesia
- Goldman Sachs - Singapore
- Banpu Public Company Limited - Thailand
- Orica Mining Services - Indonesia
- Agrawal Coal Company - India
- Africa Commodities Group - South Africa
- Bahari Cakrawala Sebuku - Indonesia
- Bukit Makmur.PT - Indonesia
- CIMB Investment Bank - Malaysia
- TeaM Sual Corporation - Philippines
- Siam City Cement - Thailand
- Economic Council, Georgia
- Leighton Contractors Pty Ltd - Australia
- Sindya Power Generating Company Private Ltd
- Kalimantan Lumbung Energi - Indonesia
- Ind-Barath Power Infra Limited - India
- Antam Resourcindo - Indonesia
- VISA Power Limited - India
- Grasim Industreis Ltd - India
- Uttam Galva Steels Limited - India
- Malabar Cements Ltd - India
- Kaltim Prima Coal - Indonesia
- GVK Power & Infra Limited - India
- Globalindo Alam Lestari - Indonesia
- Central Java Power - Indonesia
- Binh Thuan Hamico - Vietnam
- Singapore Mercantile Exchange
- GMR Energy Limited - India
- Global Coal Blending Company Limited - Australia
- Sojitz Corporation - Japan
- Wood Mackenzie - Singapore
- Mjunction Services Limited - India
- Kepco SPC Power Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Essar Steel Hazira Ltd - India
- Lanco Infratech Ltd - India
- Mercator Lines Limited - India
- Krishnapatnam Port Company Ltd. - India
- Minerals Council of Australia
- Toyota Tsusho Corporation, Japan
- The State Trading Corporation of India Ltd
- Vizag Seaport Private Limited - India
- Riau Bara Harum - Indonesia
- Intertek Mineral Services - Indonesia
- Formosa Plastics Group - Taiwan
- Videocon Industries ltd - India
- ICICI Bank Limited - India
- Global Business Power Corporation, Philippines
- Borneo Indobara - Indonesia
- Ministry of Mines - Canada
- IHS Mccloskey Coal Group - USA
- European Bulk Services B.V. - Netherlands
- Renaissance Capital - South Africa
- Tamil Nadu electricity Board
- MS Steel International - UAE
- Gujarat Sidhee Cement - India
- Thiess Contractors Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Petron Corporation, Philippines
- San Jose City I Power Corp, Philippines
- The Treasury - Australian Government
- Chettinad Cement Corporation Ltd - India
- Bhoruka Overseas - Indonesia
- GAC Shipping (India) Pvt Ltd
- Attock Cement Pakistan Limited
- South Luzon Thermal Energy Corporation
- Simpson Spence & Young - Indonesia
- Price Waterhouse Coopers - Russia
- Directorate Of Revenue Intelligence - India
- Ministry of Finance - Indonesia
- PNOC Exploration Corporation - Philippines
- Directorate General of MIneral and Coal - Indonesia
- Makarim & Taira - Indonesia
- Barasentosa Lestari - Indonesia
- Bayan Resources Tbk. - Indonesia
- London Commodity Brokers - England
- Salva Resources Pvt Ltd - India
- Interocean Group of Companies - India
- Indian Energy Exchange, India
- LBH Netherlands Bv - Netherlands
- Planning Commission, India
- Holcim Trading Pte Ltd - Singapore
- Bharathi Cement Corporation - India
- Timah Investasi Mineral - Indoneisa
- Marubeni Corporation - India
- Kohat Cement Company Ltd. - Pakistan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ambuja Cements Ltd - India
- Bulk Trading Sa - Switzerland
- Georgia Ports Authority, United States
- Pipit Mutiara Jaya. PT, Indonesia
- Commonwealth Bank - Australia
- McConnell Dowell - Australia
- Wilmar Investment Holdings
- Larsen & Toubro Limited - India
- Posco Energy - South Korea
- PetroVietnam Power Coal Import and Supply Company
- Therma Luzon, Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- PowerSource Philippines DevCo
- ASAPP Information Group - India
- Australian Commodity Traders Exchange
- Ministry of Transport, Egypt
- Petrochimia International Co. Ltd.- Taiwan
- New Zealand Coal & Carbon
- CNBM International Corporation - China
- Asmin Koalindo Tuhup - Indonesia
- Chamber of Mines of South Africa
- Jindal Steel & Power Ltd - India
- Altura Mining Limited, Indonesia
- Siam City Cement PLC, Thailand
- Rio Tinto Coal - Australia
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