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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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Sunday, 31 March 13
COAL FREIGHTS ARE IN FLAT TO WEAK TREND - VISTAAR
COALspot.com - This freight market after several weeks of firming up seemed to lose steam and this week all the indices were down except for handy s ...
Friday, 29 March 13
SUB-BIT INDONESIA COAL SWAPS: UP 0.55 % WOW; CFR SOUTH CHINA COAL CONTRACT: UP 0.23 % WOW
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average Q2’ 2013 delivery has gained 0.55 percent and CFR South China coal shipment&nbs ...
Thursday, 28 March 13
SHIP OWNERS KEEN ON ACQUIRING SECOND HAND TONNAGE, AS WELL AS NEW BUILDINGS IN CONVENTIONAL SEGMENTS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The recent rally of the Baltic Dry Index (BDI), coupled with renewed optimism, at least in some parts of the wet market, have prompted many ship own ...
Wednesday, 27 March 13
PTBA HAS CONCLUDED US$ 16.14 BILLION WORTH OF COAL SALES AND PURCHASE AGREEMENT WITH PLN
COALspot.com - PT. Bukit Asam, a 32 years old Indonesian state owned coal miner has signed a coal sales and purchase agreement with PT PLN, (a state ...
Wednesday, 27 March 13
SHIPPING CONFIDENCE REACHES HIGHEST LEVEL FOR TWO YEARS - MOORE STEPHENS
Overall confidence levels in the shipping industry recovered to their highest level for two years in the three months ended February 2013, according ...
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- Coal and Oil Company - UAE
- Asmin Koalindo Tuhup - Indonesia
- Parry Sugars Refinery, India
- Binh Thuan Hamico - Vietnam
- White Energy Company Limited
- Meenaskhi Energy Private Limited - India
- Eastern Coal Council - USA
- The State Trading Corporation of India Ltd
- LBH Netherlands Bv - Netherlands
- Barasentosa Lestari - Indonesia
- Maheswari Brothers Coal Limited - India
- Bulk Trading Sa - Switzerland
- GMR Energy Limited - India
- Kartika Selabumi Mining - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Rashtriya Ispat Nigam Limited - India
- Coastal Gujarat Power Limited - India
- Sinarmas Energy and Mining - Indonesia
- Ambuja Cements Ltd - India
- Intertek Mineral Services - Indonesia
- Makarim & Taira - Indonesia
- Bayan Resources Tbk. - Indonesia
- Indonesian Coal Mining Association
- Bhoruka Overseas - Indonesia
- Karaikal Port Pvt Ltd - India
- Mercuria Energy - Indonesia
- New Zealand Coal & Carbon
- Ministry of Transport, Egypt
- MS Steel International - UAE
- Indika Energy - Indonesia
- Riau Bara Harum - Indonesia
- IEA Clean Coal Centre - UK
- Vizag Seaport Private Limited - India
- Formosa Plastics Group - Taiwan
- India Bulls Power Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Australian Commodity Traders Exchange
- Gujarat Electricity Regulatory Commission - India
- Trasteel International SA, Italy
- Tamil Nadu electricity Board
- Romanian Commodities Exchange
- TeaM Sual Corporation - Philippines
- Oldendorff Carriers - Singapore
- Standard Chartered Bank - UAE
- Iligan Light & Power Inc, Philippines
- Baramulti Group, Indonesia
- Antam Resourcindo - Indonesia
- Energy Development Corp, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Medco Energi Mining Internasional
- Maharashtra Electricity Regulatory Commission - India
- Salva Resources Pvt Ltd - India
- Wilmar Investment Holdings
- Leighton Contractors Pty Ltd - Australia
- Globalindo Alam Lestari - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Neyveli Lignite Corporation Ltd, - India
- Tata Chemicals Ltd - India
- Singapore Mercantile Exchange
- Kepco SPC Power Corporation, Philippines
- Coalindo Energy - Indonesia
- Renaissance Capital - South Africa
- CNBM International Corporation - China
- Essar Steel Hazira Ltd - India
- Minerals Council of Australia
- Savvy Resources Ltd - HongKong
- Agrawal Coal Company - India
- Metalloyd Limited - United Kingdom
- International Coal Ventures Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Malabar Cements Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Kobexindo Tractors - Indoneisa
- Energy Link Ltd, New Zealand
- Kideco Jaya Agung - Indonesia
- London Commodity Brokers - England
- Billiton Holdings Pty Ltd - Australia
- Merrill Lynch Commodities Europe
- GVK Power & Infra Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Sindya Power Generating Company Private Ltd
- Kumho Petrochemical, South Korea
- Anglo American - United Kingdom
- Manunggal Multi Energi - Indonesia
- Indian Oil Corporation Limited
- Cement Manufacturers Association - India
- Heidelberg Cement - Germany
- Indian Energy Exchange, India
- Ministry of Mines - Canada
- Kalimantan Lumbung Energi - Indonesia
- Electricity Generating Authority of Thailand
- Vedanta Resources Plc - India
- Attock Cement Pakistan Limited
- Latin American Coal - Colombia
- Ministry of Finance - Indonesia
- Meralco Power Generation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Jindal Steel & Power Ltd - India
- Thai Mozambique Logistica
- Independent Power Producers Association of India
- GAC Shipping (India) Pvt Ltd
- Directorate General of MIneral and Coal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Parliament of New Zealand
- Central Java Power - Indonesia
- Straits Asia Resources Limited - Singapore
- Commonwealth Bank - Australia
- OPG Power Generation Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Semirara Mining Corp, Philippines
- Mintek Dendrill Indonesia
- Carbofer General Trading SA - India
- Economic Council, Georgia
- Africa Commodities Group - South Africa
- Alfred C Toepfer International GmbH - Germany
- IHS Mccloskey Coal Group - USA
- Krishnapatnam Port Company Ltd. - India
- Thiess Contractors Indonesia
- Bukit Baiduri Energy - Indonesia
- McConnell Dowell - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Bukit Makmur.PT - Indonesia
- SMG Consultants - Indonesia
- PowerSource Philippines DevCo
- ICICI Bank Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Sree Jayajothi Cements Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Larsen & Toubro Limited - India
- Star Paper Mills Limited - India
- AsiaOL BioFuels Corp., Philippines
- Australian Coal Association
- Deloitte Consulting - India
- Siam City Cement PLC, Thailand
- Bangladesh Power Developement Board
- South Luzon Thermal Energy Corporation
- Gujarat Mineral Development Corp Ltd - India
- ASAPP Information Group - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Marubeni Corporation - India
- Port Waratah Coal Services - Australia
- The Treasury - Australian Government
- CIMB Investment Bank - Malaysia
- Wood Mackenzie - Singapore
- Lanco Infratech Ltd - India
- Electricity Authority, New Zealand
- Altura Mining Limited, Indonesia
- Simpson Spence & Young - Indonesia
- Sarangani Energy Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- SMC Global Power, Philippines
- Planning Commission, India
- Sakthi Sugars Limited - India
- Posco Energy - South Korea
- Petron Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Interocean Group of Companies - India
- Siam City Cement - Thailand
- Chamber of Mines of South Africa
- Jaiprakash Power Ventures ltd
- Kaltim Prima Coal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Central Electricity Authority - India
- Edison Trading Spa - Italy
- Power Finance Corporation Ltd., India
- Timah Investasi Mineral - Indoneisa
- Uttam Galva Steels Limited - India
- Global Green Power PLC Corporation, Philippines
- Sojitz Corporation - Japan
- Aditya Birla Group - India
- Therma Luzon, Inc, Philippines
- Goldman Sachs - Singapore
- Aboitiz Power Corporation - Philippines
- Mercator Lines Limited - India
- PNOC Exploration Corporation - Philippines
- Grasim Industreis Ltd - India
- PTC India Limited - India
- SN Aboitiz Power Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Borneo Indobara - Indonesia
- Directorate Of Revenue Intelligence - India
- Bharathi Cement Corporation - India
- Cigading International Bulk Terminal - Indonesia
- Chettinad Cement Corporation Ltd - India
- Videocon Industries ltd - India
- Orica Mining Services - Indonesia
- Rio Tinto Coal - Australia
- European Bulk Services B.V. - Netherlands
- Gujarat Sidhee Cement - India
- Mjunction Services Limited - India
- Dalmia Cement Bharat India
- Bhushan Steel Limited - India
- Global Coal Blending Company Limited - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Bhatia International Limited - India
- Orica Australia Pty. Ltd.
- The University of Queensland
- Samtan Co., Ltd - South Korea
- VISA Power Limited - India
- Madhucon Powers Ltd - India
- San Jose City I Power Corp, Philippines
- Georgia Ports Authority, United States
- Xindia Steels Limited - India
- Eastern Energy - Thailand
- Ind-Barath Power Infra Limited - India
- Price Waterhouse Coopers - Russia
- Toyota Tsusho Corporation, Japan
- Pendopo Energi Batubara - Indonesia
- Sical Logistics Limited - India
- Indogreen Group - Indonesia
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