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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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Wednesday, 26 November 14
OVERSUPPLY OF TONNAGE PUSHED PANAMAX SEGMENT DOWN FOR ANOTHER WEEK
COALspot.com: The Dry Bulk market managed to reverse its course from the week prior and with the sole exception of the Panamax segment, we witnesse ...
Wednesday, 26 November 14
SHIPPING MARKET INSIGHT - EVA TZIMA
The tanker market has been enjoying some good returns lately. Ok, that may be a big understatement, but with all the ups and downs of the past year ...
Tuesday, 25 November 14
FISCAL BREAKEVEN OIL PRICES SHOW SOVEREIGN VULNERABILITY - FITCH
COALspot.com: The vulnerability of the sovereign credit profiles of net oil exporters, as shown by their fiscal breakeven oil prices, suggests that ...
Tuesday, 25 November 14
UK: TRIBUNAL RULES ON SPEED AND PERFORMANCE CLAIMS UNDER TWO CONSECUTIVE TIME CHARTERPARTIES - REED SMITH
KNOWLEDGE TO ELEVATE
“Owners not to be responsible if the vessel under the currency of this charter party stays at port or anchorage or ...
Tuesday, 25 November 14
FOB RICHARDS BAY COAL SWAP FOR Q4' 15 DELIVERY CLOSED AT US$ 68.20
COALspot.com: API 4 FOB Richards Bay Coal for delivery Q1' 2015 gained month on month, week on week and day over day.
The Q1 swap has gain ...
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- Sakthi Sugars Limited - India
- Indian Energy Exchange, India
- Kohat Cement Company Ltd. - Pakistan
- Cigading International Bulk Terminal - Indonesia
- Tata Chemicals Ltd - India
- Central Java Power - Indonesia
- Ministry of Mines - Canada
- Africa Commodities Group - South Africa
- Singapore Mercantile Exchange
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indogreen Group - Indonesia
- Medco Energi Mining Internasional
- PetroVietnam Power Coal Import and Supply Company
- London Commodity Brokers - England
- Pendopo Energi Batubara - Indonesia
- Aditya Birla Group - India
- Trasteel International SA, Italy
- Madhucon Powers Ltd - India
- Coastal Gujarat Power Limited - India
- Central Electricity Authority - India
- Kideco Jaya Agung - Indonesia
- SMG Consultants - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Formosa Plastics Group - Taiwan
- GMR Energy Limited - India
- Interocean Group of Companies - India
- Eastern Coal Council - USA
- Parry Sugars Refinery, India
- Ministry of Finance - Indonesia
- Merrill Lynch Commodities Europe
- Videocon Industries ltd - India
- Maheswari Brothers Coal Limited - India
- Iligan Light & Power Inc, Philippines
- Attock Cement Pakistan Limited
- AsiaOL BioFuels Corp., Philippines
- Rashtriya Ispat Nigam Limited - India
- Kaltim Prima Coal - Indonesia
- IEA Clean Coal Centre - UK
- Sical Logistics Limited - India
- Ceylon Electricity Board - Sri Lanka
- Essar Steel Hazira Ltd - India
- Meenaskhi Energy Private Limited - India
- Marubeni Corporation - India
- Carbofer General Trading SA - India
- Altura Mining Limited, Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Semirara Mining and Power Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Economic Council, Georgia
- Coalindo Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Independent Power Producers Association of India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Bulk Trading Sa - Switzerland
- OPG Power Generation Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- LBH Netherlands Bv - Netherlands
- Neyveli Lignite Corporation Ltd, - India
- Heidelberg Cement - Germany
- Dalmia Cement Bharat India
- Mjunction Services Limited - India
- TeaM Sual Corporation - Philippines
- CNBM International Corporation - China
- Deloitte Consulting - India
- PNOC Exploration Corporation - Philippines
- New Zealand Coal & Carbon
- Parliament of New Zealand
- PTC India Limited - India
- Antam Resourcindo - Indonesia
- GVK Power & Infra Limited - India
- The State Trading Corporation of India Ltd
- Gujarat Mineral Development Corp Ltd - India
- Bhushan Steel Limited - India
- Latin American Coal - Colombia
- Manunggal Multi Energi - Indonesia
- Xindia Steels Limited - India
- Leighton Contractors Pty Ltd - Australia
- Rio Tinto Coal - Australia
- Aboitiz Power Corporation - Philippines
- Cement Manufacturers Association - India
- White Energy Company Limited
- Asia Pacific Energy Resources Ventures Inc, Philippines
- McConnell Dowell - Australia
- Wilmar Investment Holdings
- Petron Corporation, Philippines
- Siam City Cement PLC, Thailand
- Directorate Of Revenue Intelligence - India
- Kapuas Tunggal Persada - Indonesia
- Indika Energy - Indonesia
- Planning Commission, India
- Uttam Galva Steels Limited - India
- Bhoruka Overseas - Indonesia
- Australian Commodity Traders Exchange
- Binh Thuan Hamico - Vietnam
- Price Waterhouse Coopers - Russia
- Orica Australia Pty. Ltd.
- ICICI Bank Limited - India
- Minerals Council of Australia
- Global Coal Blending Company Limited - Australia
- Power Finance Corporation Ltd., India
- Lanco Infratech Ltd - India
- Indo Tambangraya Megah - Indonesia
- Ind-Barath Power Infra Limited - India
- Chettinad Cement Corporation Ltd - India
- Kumho Petrochemical, South Korea
- Thai Mozambique Logistica
- Goldman Sachs - Singapore
- Toyota Tsusho Corporation, Japan
- Vizag Seaport Private Limited - India
- Romanian Commodities Exchange
- Directorate General of MIneral and Coal - Indonesia
- CIMB Investment Bank - Malaysia
- VISA Power Limited - India
- Miang Besar Coal Terminal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Grasim Industreis Ltd - India
- Kobexindo Tractors - Indoneisa
- Siam City Cement - Thailand
- MS Steel International - UAE
- GAC Shipping (India) Pvt Ltd
- Tamil Nadu electricity Board
- Sarangani Energy Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Karaikal Port Pvt Ltd - India
- ASAPP Information Group - India
- Therma Luzon, Inc, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bukit Baiduri Energy - Indonesia
- Port Waratah Coal Services - Australia
- Standard Chartered Bank - UAE
- Kartika Selabumi Mining - Indonesia
- Australian Coal Association
- Global Business Power Corporation, Philippines
- Mercuria Energy - Indonesia
- Vedanta Resources Plc - India
- Bukit Asam (Persero) Tbk - Indonesia
- Savvy Resources Ltd - HongKong
- Edison Trading Spa - Italy
- Global Green Power PLC Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Georgia Ports Authority, United States
- Electricity Generating Authority of Thailand
- European Bulk Services B.V. - Netherlands
- Posco Energy - South Korea
- Globalindo Alam Lestari - Indonesia
- Bayan Resources Tbk. - Indonesia
- The Treasury - Australian Government
- Commonwealth Bank - Australia
- Holcim Trading Pte Ltd - Singapore
- Meralco Power Generation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- International Coal Ventures Pvt Ltd - India
- SMC Global Power, Philippines
- Ministry of Transport, Egypt
- Mercator Lines Limited - India
- Energy Link Ltd, New Zealand
- Riau Bara Harum - Indonesia
- Sindya Power Generating Company Private Ltd
- Alfred C Toepfer International GmbH - Germany
- Bharathi Cement Corporation - India
- SN Aboitiz Power Inc, Philippines
- Salva Resources Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Sojitz Corporation - Japan
- Semirara Mining Corp, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Eastern Energy - Thailand
- South Luzon Thermal Energy Corporation
- Orica Mining Services - Indonesia
- Chamber of Mines of South Africa
- Electricity Authority, New Zealand
- Sree Jayajothi Cements Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ambuja Cements Ltd - India
- Thiess Contractors Indonesia
- Metalloyd Limited - United Kingdom
- Renaissance Capital - South Africa
- Bahari Cakrawala Sebuku - Indonesia
- Indonesian Coal Mining Association
- Kepco SPC Power Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Offshore Bulk Terminal Pte Ltd, Singapore
- Makarim & Taira - Indonesia
- India Bulls Power Limited - India
- San Jose City I Power Corp, Philippines
- Sinarmas Energy and Mining - Indonesia
- Barasentosa Lestari - Indonesia
- Borneo Indobara - Indonesia
- Banpu Public Company Limited - Thailand
- Jorong Barutama Greston.PT - Indonesia
- Oldendorff Carriers - Singapore
- Maharashtra Electricity Regulatory Commission - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Baramulti Group, Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Samtan Co., Ltd - South Korea
- Simpson Spence & Young - Indonesia
- PowerSource Philippines DevCo
- Malabar Cements Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Gujarat Sidhee Cement - India
- The University of Queensland
- Anglo American - United Kingdom
- Bangladesh Power Developement Board
- Star Paper Mills Limited - India
- Energy Development Corp, Philippines
- Larsen & Toubro Limited - India
- Bhatia International Limited - India
- Coal and Oil Company - UAE
- Mintek Dendrill Indonesia
- Wood Mackenzie - Singapore
- Indian Oil Corporation Limited
- Agrawal Coal Company - India
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