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Friday, 04 September 15
GOVERNORS WILL HAVE THE POWER TO REVOKE MINERS' PERMITS: ENERGY MINISTRY - JG
 Starting Oct. 1, Indonesia's governors will lawfully become "executors" in revoking the licenses of miners that fail to secure a "clean-and-clear" status, which includes various obligations to the state, the Indonesian English language news paper the Jakarta Globe reported.
According to the paper, the Energy Ministry's directorate general for minerals and coal is reviewing all mining activities currently running in the country, checking whether miners are complying with their obligations to the state, which include paying royalties, preserving the environment and ensuring their permits don't overlap with other mining areas or other business permits.
According to Law No. 23, 2014 on regional governments, governors will secure the mandate to revoke licenses of miners operating with Mining Business Permits (IUP) that fail the "clean-and-clear" requisite starting from Oct. 1, according to Sri Rahardjo, program director of mineral and coal at the ministry, quoted by JG.
"We'll classify IUP holders that are still not considered clean-and-clear," he said, underlining that miners have less than a month to comply.
The ministry has recorded a total of 10,432 IUP holders as of end of June. Of that figure, only 6,156 have secured the Energy Ministry's clean-and-clear status.
Miners are urged to re-check their licenses to ensure they don't overlap with other mining permits or the business permits of other companies. They must also review their royalty payments and annual charges, like land rent or dead rent.
Miners will also have to submit a report detailing their exploration activities, documents of feasibility studies and environmental permit papers.
The ministry will work with the Corruption Eradication Commission (KPK) to review the status of each miner, the paper says.
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Monday, 12 October 15
DRY BULK SHIPPING: MARKETS ARE SLOWLY IMPROVING FROM A VERY LOW LEVEL AS THE DEMAND SIDE FALTERS - HELLENIC SHIPPING NEWS
The dry bulk market is in the midst of a shift in demand patterns, which coupled with a tonnage supply overhang, has been facing headwinds over the ...
Monday, 12 October 15
BDI WEIGHED DOWN BY CAPE
COALspot.com: The BDI (Baltic Dry Index) has come back down again this week. The BDI is a benchmark index used to assess the overall cost of moving ...
Sunday, 11 October 15
TANKER SHIPPING: MORE OPTIMISM IN SIGHT FOR TANKERS IN THE WINTER SEASON - BIMCO
Demand:
2015 has been the year of the tanker. The fundamental improvements with slow supply-side growth for some years coupled with low oil pri ...
Friday, 09 October 15
US WEEKLY COAL OUTPUT UP 1.2 PERCENT TO 17.7 MMST
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 17.7 million shor ...
Thursday, 08 October 15
CAPESIZE: MOST PEOPLE AGREE A SPIKE IN RATES WILL HAPPEN; WHEN, HOW LONG AND HOW SUBSTANTIAL? - FEARNLEYS
Cape
Depressives start of the fourth quarter, with c3 approaching USD 12 pmt and c5 presently in the mind 5's. According to Fearnleys ship br ...
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- Semirara Mining and Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Formosa Plastics Group - Taiwan
- ASAPP Information Group - India
- SMC Global Power, Philippines
- White Energy Company Limited
- Larsen & Toubro Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Ceylon Electricity Board - Sri Lanka
- Riau Bara Harum - Indonesia
- Edison Trading Spa - Italy
- Parry Sugars Refinery, India
- SN Aboitiz Power Inc, Philippines
- Anglo American - United Kingdom
- GAC Shipping (India) Pvt Ltd
- Bharathi Cement Corporation - India
- Toyota Tsusho Corporation, Japan
- Metalloyd Limited - United Kingdom
- McConnell Dowell - Australia
- Bayan Resources Tbk. - Indonesia
- Sarangani Energy Corporation, Philippines
- Uttam Galva Steels Limited - India
- Makarim & Taira - Indonesia
- Indogreen Group - Indonesia
- Global Green Power PLC Corporation, Philippines
- Posco Energy - South Korea
- Electricity Authority, New Zealand
- Commonwealth Bank - Australia
- Economic Council, Georgia
- Indo Tambangraya Megah - Indonesia
- Independent Power Producers Association of India
- Parliament of New Zealand
- Indian Energy Exchange, India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Meralco Power Generation, Philippines
- Kaltim Prima Coal - Indonesia
- Simpson Spence & Young - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Maharashtra Electricity Regulatory Commission - India
- Deloitte Consulting - India
- Xindia Steels Limited - India
- Kobexindo Tractors - Indoneisa
- Bhushan Steel Limited - India
- Banpu Public Company Limited - Thailand
- IEA Clean Coal Centre - UK
- Gujarat Electricity Regulatory Commission - India
- Petron Corporation, Philippines
- Siam City Cement - Thailand
- Heidelberg Cement - Germany
- Globalindo Alam Lestari - Indonesia
- GMR Energy Limited - India
- Essar Steel Hazira Ltd - India
- Electricity Generating Authority of Thailand
- LBH Netherlands Bv - Netherlands
- Sojitz Corporation - Japan
- Wilmar Investment Holdings
- Central Electricity Authority - India
- Singapore Mercantile Exchange
- Directorate General of MIneral and Coal - Indonesia
- European Bulk Services B.V. - Netherlands
- Indian Oil Corporation Limited
- TeaM Sual Corporation - Philippines
- VISA Power Limited - India
- Gujarat Sidhee Cement - India
- Indonesian Coal Mining Association
- Aditya Birla Group - India
- Therma Luzon, Inc, Philippines
- Standard Chartered Bank - UAE
- Alfred C Toepfer International GmbH - Germany
- Dalmia Cement Bharat India
- Energy Development Corp, Philippines
- Miang Besar Coal Terminal - Indonesia
- Lanco Infratech Ltd - India
- Attock Cement Pakistan Limited
- Asmin Koalindo Tuhup - Indonesia
- Coal and Oil Company - UAE
- CIMB Investment Bank - Malaysia
- Borneo Indobara - Indonesia
- Vizag Seaport Private Limited - India
- The Treasury - Australian Government
- Bhatia International Limited - India
- PTC India Limited - India
- Bukit Baiduri Energy - Indonesia
- Agrawal Coal Company - India
- Samtan Co., Ltd - South Korea
- Savvy Resources Ltd - HongKong
- Iligan Light & Power Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Sinarmas Energy and Mining - Indonesia
- Bukit Makmur.PT - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Semirara Mining Corp, Philippines
- Trasteel International SA, Italy
- Bukit Asam (Persero) Tbk - Indonesia
- Tamil Nadu electricity Board
- London Commodity Brokers - England
- Energy Link Ltd, New Zealand
- Georgia Ports Authority, United States
- Kapuas Tunggal Persada - Indonesia
- South Luzon Thermal Energy Corporation
- Bhoruka Overseas - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Goldman Sachs - Singapore
- Directorate Of Revenue Intelligence - India
- International Coal Ventures Pvt Ltd - India
- Minerals Council of Australia
- IHS Mccloskey Coal Group - USA
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Romanian Commodities Exchange
- The State Trading Corporation of India Ltd
- Bangladesh Power Developement Board
- Baramulti Group, Indonesia
- Wood Mackenzie - Singapore
- Altura Mining Limited, Indonesia
- Cement Manufacturers Association - India
- TNB Fuel Sdn Bhd - Malaysia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Madhucon Powers Ltd - India
- Mercator Lines Limited - India
- Marubeni Corporation - India
- Chamber of Mines of South Africa
- Petrochimia International Co. Ltd.- Taiwan
- Kideco Jaya Agung - Indonesia
- Jaiprakash Power Ventures ltd
- Sakthi Sugars Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- India Bulls Power Limited - India
- Coastal Gujarat Power Limited - India
- Intertek Mineral Services - Indonesia
- Bulk Trading Sa - Switzerland
- Mintek Dendrill Indonesia
- Power Finance Corporation Ltd., India
- Aboitiz Power Corporation - Philippines
- Planning Commission, India
- Indika Energy - Indonesia
- Australian Commodity Traders Exchange
- Price Waterhouse Coopers - Russia
- Straits Asia Resources Limited - Singapore
- Orica Mining Services - Indonesia
- Ministry of Mines - Canada
- OPG Power Generation Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Maheswari Brothers Coal Limited - India
- Eastern Coal Council - USA
- Latin American Coal - Colombia
- Africa Commodities Group - South Africa
- Ministry of Transport, Egypt
- Australian Coal Association
- Meenaskhi Energy Private Limited - India
- Videocon Industries ltd - India
- Mercuria Energy - Indonesia
- Interocean Group of Companies - India
- Merrill Lynch Commodities Europe
- Binh Thuan Hamico - Vietnam
- Gujarat Mineral Development Corp Ltd - India
- Medco Energi Mining Internasional
- Siam City Cement PLC, Thailand
- Kohat Cement Company Ltd. - Pakistan
- Cigading International Bulk Terminal - Indonesia
- Thiess Contractors Indonesia
- Chettinad Cement Corporation Ltd - India
- Oldendorff Carriers - Singapore
- Star Paper Mills Limited - India
- Jindal Steel & Power Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Karaikal Port Pvt Ltd - India
- Malabar Cements Ltd - India
- GVK Power & Infra Limited - India
- Salva Resources Pvt Ltd - India
- Carbofer General Trading SA - India
- Kartika Selabumi Mining - Indonesia
- The University of Queensland
- PowerSource Philippines DevCo
- Offshore Bulk Terminal Pte Ltd, Singapore
- Manunggal Multi Energi - Indonesia
- MS Steel International - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Renaissance Capital - South Africa
- Ind-Barath Power Infra Limited - India
- CNBM International Corporation - China
- San Jose City I Power Corp, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Rio Tinto Coal - Australia
- Central Java Power - Indonesia
- Thai Mozambique Logistica
- Sree Jayajothi Cements Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Tata Chemicals Ltd - India
- Port Waratah Coal Services - Australia
- Ministry of Finance - Indonesia
- Ambuja Cements Ltd - India
- PNOC Exploration Corporation - Philippines
- Jorong Barutama Greston.PT - Indonesia
- Pendopo Energi Batubara - Indonesia
- Timah Investasi Mineral - Indoneisa
- ICICI Bank Limited - India
- Coalindo Energy - Indonesia
- Global Business Power Corporation, Philippines
- Orica Australia Pty. Ltd.
- Barasentosa Lestari - Indonesia
- Kumho Petrochemical, South Korea
- Global Coal Blending Company Limited - Australia
- Antam Resourcindo - Indonesia
- SMG Consultants - Indonesia
- Mjunction Services Limited - India
- Sical Logistics Limited - India
- New Zealand Coal & Carbon
- AsiaOL BioFuels Corp., Philippines
- Eastern Energy - Thailand
- Kepco SPC Power Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Vedanta Resources Plc - India
- Grasim Industreis Ltd - India
- Billiton Holdings Pty Ltd - Australia
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