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Monday, 27 October 14
GOVT PROMISES TO EASE LICENSING PROCEDURES IN MINING SECTOR - THE JAKARTA POST
The Energy and Mineral Resources Ministry’s directorate general for mineral and coal plans to simplify the complicated licensing procedures in the country’s mining sector in order to boost investment, the Jakarta Post, one of the leading English language papers in Indonesia reported.
The simplification will reduce the number of required permits to only 71 types, from the 101 types that exist at present.
Out of the total 71 permits, 26 are issued by the energy ministry while another 51 are issued by other government agencies.
The paper further said, the director general for mineral and coal, R. Sukhyar, said the simplification would be carried out in the issuance of permits from his ministry because the issuance of the other 51 permits were handled by other government offices.
Permits to be reduced to 71 types from 101 types at present Simplification will cut red tape, and attract more investment New policy expected to be implemented next year; pending approval by new energy minister, according to JP.
“The cut in the number of permits is expected to improve efficiency. Of course, by doing so, we hope the mining sector will attract more investment,” he said.
Under the simplification plan, mining companies will no longer be required to obtain more than one permit for a single stage of the mining operations.
“To ensure that mining firms are actually performing the activities, they will have to report to us and we will perform an inspection,” Sukhyar said, as quoted by paper.
Under the plan, the mineral and coal office also plans to remove the requirement imposed on miners for the transportation of their production.
Sukhyar said the transportation of minerals and coal will be the full responsibility of mining firms. If they have no expertise in mineral and coal transportation, they can hire companies that offer those services, according to Sukhyar.
The plan to ease the licensing procedures will be submitted to the new energy and mineral resources minister Sudirman Said.
Sukhyar said he expected that a ministerial regulation regarding the proposal would be approved by the end of this year so that his office can start the implementation of the simplified permission process next year.
Mining companies welcomed the plan. The shorter bureaucratic process will significantly ease the mining business in the country and, in return, boost investment, said Bob Kamandanu of the Indonesian Coal Mining Association (APBI).
However, he said the plan to ease the licensing procedures should not weaken the government’s program to promote good mining principles.
“We don’t want the simplification to let mining firms ignore those matters,” Bob said.
He added that government officials should improve their supervision of the mining sector so that mining firms give true and correct reports of what they have performed
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Tuesday, 13 January 15
MORE PITFALLS FOR OWNERS LOOKING TO TERMINATE FOR UNPAID HIRE - INCE & CO
KNOWLEDGE TO ELEVATE
It is a debatable point whether or not the obligation to pay hire under a time charter is a condition of the contract or ...
Tuesday, 13 January 15
Q2 CFR SOUTH CHINA COAL SWAP DECLINED 8.66% M-O-M
COALspot.com: API 8 CFR South China Coal swap for Q1’ 2015 delivery declined by US$ 3.48 (-5.73%) month over month and US$ 2.35 (-3.94%) week ...
Tuesday, 13 January 15
Q1' 2015 RICHARDS BAY COAL SWAP SLIGHTLY HIGHER THAN Q2 & Q4 2015 SWAPS
COALspot.com: API 4 FOB Richards Bay Coal swap for delivery Q1' 2015 lost month on month and week over week.
The Q1 swap has lost US$ 7.21 ...
Monday, 12 January 15
COAL: LOW PRICES ARE EXPECTED TO DRIVE A SUPPLY-DRIVEN RECOVERY IN THE MEDIUM TERM - SGX
COALspot.com: Thermal coal prices dropped to six-year lows in 2014 driven by persistent oversupply, SGX says in its “ Commodities 2014 - A ye ...
Monday, 12 January 15
FREIGHT MARKET: 2015 FLEET SUPPLY GROWTH IS EXPECTED TO REMAIN SLIGHTLY AHEAD OF CARGO GROWTH - SGX
COALspot.com: The dry bulk freight market was forced to digest a number of negatives in 2014 leading the Baltic Dry Index to fall 66% through the y ...
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- MS Steel International - UAE
- Kepco SPC Power Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Agrawal Coal Company - India
- Bhatia International Limited - India
- Semirara Mining and Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- GVK Power & Infra Limited - India
- Global Coal Blending Company Limited - Australia
- ICICI Bank Limited - India
- Makarim & Taira - Indonesia
- Bayan Resources Tbk. - Indonesia
- Kartika Selabumi Mining - Indonesia
- Binh Thuan Hamico - Vietnam
- GN Power Mariveles Coal Plant, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Banpu Public Company Limited - Thailand
- Ministry of Finance - Indonesia
- CNBM International Corporation - China
- Uttam Galva Steels Limited - India
- Energy Link Ltd, New Zealand
- CIMB Investment Bank - Malaysia
- Videocon Industries ltd - India
- Australian Commodity Traders Exchange
- Eastern Coal Council - USA
- Mjunction Services Limited - India
- PNOC Exploration Corporation - Philippines
- SMC Global Power, Philippines
- Sical Logistics Limited - India
- Coastal Gujarat Power Limited - India
- Thiess Contractors Indonesia
- Singapore Mercantile Exchange
- Larsen & Toubro Limited - India
- Siam City Cement PLC, Thailand
- Pendopo Energi Batubara - Indonesia
- Commonwealth Bank - Australia
- Straits Asia Resources Limited - Singapore
- Krishnapatnam Port Company Ltd. - India
- Jaiprakash Power Ventures ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Vijayanagar Sugar Pvt Ltd - India
- Ministry of Transport, Egypt
- Meenaskhi Energy Private Limited - India
- Dalmia Cement Bharat India
- Bangladesh Power Developement Board
- Coalindo Energy - Indonesia
- PTC India Limited - India
- Petron Corporation, Philippines
- Sakthi Sugars Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Bhushan Steel Limited - India
- Mercator Lines Limited - India
- McConnell Dowell - Australia
- Bhoruka Overseas - Indonesia
- Orica Mining Services - Indonesia
- Barasentosa Lestari - Indonesia
- Eastern Energy - Thailand
- Mercuria Energy - Indonesia
- Bharathi Cement Corporation - India
- Vedanta Resources Plc - India
- Aboitiz Power Corporation - Philippines
- Central Electricity Authority - India
- Formosa Plastics Group - Taiwan
- SMG Consultants - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Tata Chemicals Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Holcim Trading Pte Ltd - Singapore
- Power Finance Corporation Ltd., India
- Medco Energi Mining Internasional
- Toyota Tsusho Corporation, Japan
- Ambuja Cements Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Planning Commission, India
- Samtan Co., Ltd - South Korea
- Kapuas Tunggal Persada - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Timah Investasi Mineral - Indoneisa
- San Jose City I Power Corp, Philippines
- Metalloyd Limited - United Kingdom
- ASAPP Information Group - India
- Baramulti Group, Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Essar Steel Hazira Ltd - India
- Sindya Power Generating Company Private Ltd
- Indika Energy - Indonesia
- Price Waterhouse Coopers - Russia
- TeaM Sual Corporation - Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Heidelberg Cement - Germany
- TNB Fuel Sdn Bhd - Malaysia
- Kaltim Prima Coal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- International Coal Ventures Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Xindia Steels Limited - India
- Star Paper Mills Limited - India
- Globalindo Alam Lestari - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Altura Mining Limited, Indonesia
- Indonesian Coal Mining Association
- The State Trading Corporation of India Ltd
- Coal and Oil Company - UAE
- Independent Power Producers Association of India
- Parry Sugars Refinery, India
- Mintek Dendrill Indonesia
- LBH Netherlands Bv - Netherlands
- Bulk Trading Sa - Switzerland
- Indogreen Group - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Semirara Mining Corp, Philippines
- Ind-Barath Power Infra Limited - India
- New Zealand Coal & Carbon
- Karaikal Port Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Romanian Commodities Exchange
- Global Green Power PLC Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Iligan Light & Power Inc, Philippines
- Trasteel International SA, Italy
- Bukit Baiduri Energy - Indonesia
- Directorate Of Revenue Intelligence - India
- Electricity Generating Authority of Thailand
- Sree Jayajothi Cements Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- IHS Mccloskey Coal Group - USA
- South Luzon Thermal Energy Corporation
- Parliament of New Zealand
- PetroVietnam Power Coal Import and Supply Company
- Tamil Nadu electricity Board
- Jindal Steel & Power Ltd - India
- White Energy Company Limited
- Billiton Holdings Pty Ltd - Australia
- Wood Mackenzie - Singapore
- Goldman Sachs - Singapore
- Marubeni Corporation - India
- Siam City Cement - Thailand
- Madhucon Powers Ltd - India
- Salva Resources Pvt Ltd - India
- OPG Power Generation Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Grasim Industreis Ltd - India
- Latin American Coal - Colombia
- Manunggal Multi Energi - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Posco Energy - South Korea
- Kalimantan Lumbung Energi - Indonesia
- The Treasury - Australian Government
- Neyveli Lignite Corporation Ltd, - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- London Commodity Brokers - England
- Riau Bara Harum - Indonesia
- Minerals Council of Australia
- Central Java Power - Indonesia
- Gujarat Sidhee Cement - India
- Merrill Lynch Commodities Europe
- Standard Chartered Bank - UAE
- Sojitz Corporation - Japan
- Wilmar Investment Holdings
- Miang Besar Coal Terminal - Indonesia
- Electricity Authority, New Zealand
- Antam Resourcindo - Indonesia
- Indian Energy Exchange, India
- Global Business Power Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Economic Council, Georgia
- Directorate General of MIneral and Coal - Indonesia
- IEA Clean Coal Centre - UK
- Australian Coal Association
- GAC Shipping (India) Pvt Ltd
- Asmin Koalindo Tuhup - Indonesia
- Anglo American - United Kingdom
- Interocean Group of Companies - India
- Borneo Indobara - Indonesia
- Malabar Cements Ltd - India
- Indian Oil Corporation Limited
- Lanco Infratech Ltd - India
- The University of Queensland
- Kumho Petrochemical, South Korea
- Georgia Ports Authority, United States
- Ministry of Mines - Canada
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Therma Luzon, Inc, Philippines
- Bukit Makmur.PT - Indonesia
- Maheswari Brothers Coal Limited - India
- Intertek Mineral Services - Indonesia
- GMR Energy Limited - India
- Meralco Power Generation, Philippines
- Rio Tinto Coal - Australia
- Cement Manufacturers Association - India
- VISA Power Limited - India
- Aditya Birla Group - India
- Kideco Jaya Agung - Indonesia
- Renaissance Capital - South Africa
- Savvy Resources Ltd - HongKong
- Attock Cement Pakistan Limited
- India Bulls Power Limited - India
- Deloitte Consulting - India
- Oldendorff Carriers - Singapore
- Chamber of Mines of South Africa
- Kobexindo Tractors - Indoneisa
- Indo Tambangraya Megah - Indonesia
- Thai Mozambique Logistica
- Ceylon Electricity Board - Sri Lanka
- Energy Development Corp, Philippines
- Vizag Seaport Private Limited - India
- PowerSource Philippines DevCo
- Carbofer General Trading SA - India
- Africa Commodities Group - South Africa
- European Bulk Services B.V. - Netherlands
- Simpson Spence & Young - Indonesia
- SN Aboitiz Power Inc, Philippines
- Sarangani Energy Corporation, Philippines
- Port Waratah Coal Services - Australia
- Edison Trading Spa - Italy
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