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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, 20 January 13
S7 & S8 ROUTE FREIGHT TREND IS EXPECTED TO BE FLAT TO SOFT THIS WEEK - VISTAAR
COALspot.com - The freight market was fairly steady with all the indices BDI up by 9.21 pct closing at 837 points. The Cape index was also sharply u ...
Friday, 18 January 13
NEWLEAD HOLDINGS LTD. TO ACQUIRE TWO COAL PROPERTIES WITH ESTIMATED COAL RESERVES OF 18.6 MMT & 143.1 MMT
NewLead Holdings Ltd. Announces Signing Agreement to Acquire Properties with Estimated Coal Reserves of 18.6 Million Tons; Signing Agreement to Acqu ...
Friday, 18 January 13
DRY BULK MARKET ON THE RISE, ON STRONG DEMAND FOR CAPESIZE VESSELS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market has continued its climbing trend yesterday, as the industry's benchmark, the Baltic Dry Index (BDI) was up by 39 points to 820. ...
Friday, 18 January 13
CAPESIZE : SIGNALS ARE MIXED BUT THE OVERALL TENDENCY IS POSITIVE - FEARNLEYS
Handy
The Atlantic market remained stable with USG-Feast fixed around USD 17k, according to fearnleys’s weekly report.
Continent / Medite ...
Tuesday, 15 January 13
GRANT SMITH APPOINTED GROUP MANAGING DIRECTOR OF BRAEMAR ADJUSTING
The Board of Braemar Adjusting is delighted to announce the appointment of Grant Smith as Group Managing Director of the company with immediate effe ...
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- Gujarat Electricity Regulatory Commission - India
- Iligan Light & Power Inc, Philippines
- TeaM Sual Corporation - Philippines
- Altura Mining Limited, Indonesia
- Eastern Coal Council - USA
- Romanian Commodities Exchange
- Sojitz Corporation - Japan
- Sindya Power Generating Company Private Ltd
- Rio Tinto Coal - Australia
- Essar Steel Hazira Ltd - India
- Bangladesh Power Developement Board
- Agrawal Coal Company - India
- Malabar Cements Ltd - India
- Heidelberg Cement - Germany
- Interocean Group of Companies - India
- Global Green Power PLC Corporation, Philippines
- Indika Energy - Indonesia
- Georgia Ports Authority, United States
- PetroVietnam Power Coal Import and Supply Company
- India Bulls Power Limited - India
- PNOC Exploration Corporation - Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Tata Chemicals Ltd - India
- Timah Investasi Mineral - Indoneisa
- Mercuria Energy - Indonesia
- Jaiprakash Power Ventures ltd
- The University of Queensland
- Eastern Energy - Thailand
- Wilmar Investment Holdings
- Siam City Cement - Thailand
- The Treasury - Australian Government
- Ministry of Mines - Canada
- Videocon Industries ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- GAC Shipping (India) Pvt Ltd
- Petron Corporation, Philippines
- Uttam Galva Steels Limited - India
- VISA Power Limited - India
- Simpson Spence & Young - Indonesia
- Bayan Resources Tbk. - Indonesia
- Meralco Power Generation, Philippines
- Jindal Steel & Power Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- OPG Power Generation Pvt Ltd - India
- Indian Oil Corporation Limited
- Manunggal Multi Energi - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Metalloyd Limited - United Kingdom
- Alfred C Toepfer International GmbH - Germany
- Kalimantan Lumbung Energi - Indonesia
- Mintek Dendrill Indonesia
- Ind-Barath Power Infra Limited - India
- Bukit Makmur.PT - Indonesia
- Bhushan Steel Limited - India
- Star Paper Mills Limited - India
- Standard Chartered Bank - UAE
- The State Trading Corporation of India Ltd
- Globalindo Alam Lestari - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- White Energy Company Limited
- Kobexindo Tractors - Indoneisa
- SMG Consultants - Indonesia
- Planning Commission, India
- Bhatia International Limited - India
- Billiton Holdings Pty Ltd - Australia
- Siam City Cement PLC, Thailand
- SMC Global Power, Philippines
- Savvy Resources Ltd - HongKong
- PowerSource Philippines DevCo
- Kepco SPC Power Corporation, Philippines
- PTC India Limited - India
- South Luzon Thermal Energy Corporation
- Australian Coal Association
- Kapuas Tunggal Persada - Indonesia
- Goldman Sachs - Singapore
- Kartika Selabumi Mining - Indonesia
- Orica Mining Services - Indonesia
- Formosa Plastics Group - Taiwan
- Thiess Contractors Indonesia
- Sinarmas Energy and Mining - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- GMR Energy Limited - India
- Merrill Lynch Commodities Europe
- Mercator Lines Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Central Java Power - Indonesia
- Salva Resources Pvt Ltd - India
- Central Electricity Authority - India
- Ministry of Finance - Indonesia
- Vizag Seaport Private Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- IEA Clean Coal Centre - UK
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Pipit Mutiara Jaya. PT, Indonesia
- Indonesian Coal Mining Association
- Bhoruka Overseas - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Energy Link Ltd, New Zealand
- Sree Jayajothi Cements Limited - India
- Asmin Koalindo Tuhup - Indonesia
- New Zealand Coal & Carbon
- Ministry of Transport, Egypt
- Ambuja Cements Ltd - India
- Intertek Mineral Services - Indonesia
- Wood Mackenzie - Singapore
- Straits Asia Resources Limited - Singapore
- Sical Logistics Limited - India
- Baramulti Group, Indonesia
- Price Waterhouse Coopers - Russia
- Bulk Trading Sa - Switzerland
- Vedanta Resources Plc - India
- Pendopo Energi Batubara - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Energy Development Corp, Philippines
- GN Power Mariveles Coal Plant, Philippines
- ASAPP Information Group - India
- Anglo American - United Kingdom
- Grasim Industreis Ltd - India
- McConnell Dowell - Australia
- Minerals Council of Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Posco Energy - South Korea
- Chamber of Mines of South Africa
- ICICI Bank Limited - India
- GVK Power & Infra Limited - India
- Semirara Mining and Power Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Kaltim Prima Coal - Indonesia
- Economic Council, Georgia
- Semirara Mining Corp, Philippines
- Therma Luzon, Inc, Philippines
- Africa Commodities Group - South Africa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Dalmia Cement Bharat India
- Marubeni Corporation - India
- Banpu Public Company Limited - Thailand
- Miang Besar Coal Terminal - Indonesia
- Edison Trading Spa - Italy
- Sakthi Sugars Limited - India
- Directorate Of Revenue Intelligence - India
- Bukit Baiduri Energy - Indonesia
- Kideco Jaya Agung - Indonesia
- Indogreen Group - Indonesia
- Attock Cement Pakistan Limited
- Lanco Infratech Ltd - India
- Thai Mozambique Logistica
- LBH Netherlands Bv - Netherlands
- Krishnapatnam Port Company Ltd. - India
- Aditya Birla Group - India
- Commonwealth Bank - Australia
- IHS Mccloskey Coal Group - USA
- Makarim & Taira - Indonesia
- Latin American Coal - Colombia
- Neyveli Lignite Corporation Ltd, - India
- Indian Energy Exchange, India
- Binh Thuan Hamico - Vietnam
- Parry Sugars Refinery, India
- Global Coal Blending Company Limited - Australia
- Riau Bara Harum - Indonesia
- Carbofer General Trading SA - India
- Gujarat Mineral Development Corp Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Oldendorff Carriers - Singapore
- SN Aboitiz Power Inc, Philippines
- Bharathi Cement Corporation - India
- Larsen & Toubro Limited - India
- Jorong Barutama Greston.PT - Indonesia
- San Jose City I Power Corp, Philippines
- Power Finance Corporation Ltd., India
- Directorate General of MIneral and Coal - Indonesia
- Deloitte Consulting - India
- Port Waratah Coal Services - Australia
- Meenaskhi Energy Private Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- MS Steel International - UAE
- Cement Manufacturers Association - India
- Parliament of New Zealand
- Independent Power Producers Association of India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kumho Petrochemical, South Korea
- Maheswari Brothers Coal Limited - India
- Barasentosa Lestari - Indonesia
- Global Business Power Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Mjunction Services Limited - India
- Electricity Authority, New Zealand
- Samtan Co., Ltd - South Korea
- Borneo Indobara - Indonesia
- Indo Tambangraya Megah - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Tamil Nadu electricity Board
- Renaissance Capital - South Africa
- Karbindo Abesyapradhi - Indoneisa
- Antam Resourcindo - Indonesia
- Orica Australia Pty. Ltd.
- Australian Commodity Traders Exchange
- International Coal Ventures Pvt Ltd - India
- Madhucon Powers Ltd - India
- Singapore Mercantile Exchange
- Xindia Steels Limited - India
- European Bulk Services B.V. - Netherlands
- Coal and Oil Company - UAE
- Gujarat Sidhee Cement - India
- London Commodity Brokers - England
- Cigading International Bulk Terminal - Indonesia
- Sarangani Energy Corporation, Philippines
- Medco Energi Mining Internasional
- Coalindo Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Electricity Generating Authority of Thailand
- CIMB Investment Bank - Malaysia
- CNBM International Corporation - China
- Trasteel International SA, Italy
- Aboitiz Power Corporation - Philippines
- Karaikal Port Pvt Ltd - India
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