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Thursday, 05 April 18
INDONESIA TO POSTPONE NEW COAL, PALM OIL SHIPPING RULES TO 2020 - REUTERS
 Indonesia will delay until 2020 trade rules requiring exporters of coal and crude palm oil to use only Indonesian-flagged vessels, government officials said, putting off efforts to develop local shipping and save foreign exchange reserves.
The decision to postpone the rules by two years may come as a relief to the coal, palm oil and shipping industries, which had raised concerns over the availability of local vessels. Indonesia is the world’s biggest exporter of thermal coal and the top producer of palm oil.
“The trade ministry regulation will be revised,” Oke Nurwan, director general of foreign trade at the Trade Ministry, told Reuters by text message on Wednesday, adding that there was a “high probability” the policy will be postponed for two years as announced on Tuesday.
“Hopefully next week it will be complete,” Nurwan added, referring to the revision.
Ministers and government officials on Tuesday had met to discuss the regulation, and had decided “the timing will be adjusted,” Industry Minister Airlangga Hartarto told reporters after the meeting.
“A special two-year period will be given for shipping (industries),” he said.
The government will push for so-called cost, insurance and freight (CIF) shipping contracts, allowing exporters to choose transportation, whereas most shipments are currently made on a free-on-board (FOB) basis, Airlangga said.
“We can save foreign currency and at the same time develop our national shipping industry,” he said.
Rules mandating the insurance of shipments by Indonesian insurers would still be imposed with an additional grace period of three months from when the trade rules were initially due to come into effect in May.
“This is a matter of readiness. As long as national shipping companies are ready, we’ll support this,” said Hendra Sinadia, executive director of the Indonesian Coal Mining Association.
“As long as there’s clarity going forward and this doesn’t burden exporters in principal, it’s no problem,” he said.
Source: Reuters
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Tuesday, 01 May 18
SUPRAMAX: COAL RUNS, A 61,000-DWT WAS FIXED BASIS DELIVERY SURABAYA, FOR A TRIP VIA INDONESIA, RE-DELIVERY INDIA AT $15,000 - BALTIC BRIEFING
Capesize
Rates eased in the East, as the week closed out with the momentum slowing. Levels on the key West Australia/China run dropped to $7.25 ...
Tuesday, 01 May 18
GLOBAL MINER PEABODY EYES SALES OPPORTUNITY IN INDIA’S RISING COAL IMPORTS - BUSINESS STANDARD
Indian imports of coal will continue to rise, reckons the world’s largest private sector coal miner Peabody Energy. Glenn Kellow, president a ...
Saturday, 28 April 18
STRONG ASIAN DEMAND CONTINUES TO HOLD UP THERMAL COAL MARKETS - REUTERS
Asian thermal coal demand is defying its typical seasonal slowdown as well as the expanding use of renewables and natural gas, with prices holding ...
Friday, 27 April 18
PEABODY ENERGY'S REVENUES FOR THE FIRST QUARTER ROSE 10 PERCENT OVER THE PRIOR YEAR TO $1.46 BILLION
Peabody Energy's revenues for the first quarter rose 10 percent over the prior year to $1.46 billion driven by improved seaborne coal pricing a ...
Thursday, 26 April 18
BALTIC EXCHANGE LAUNCHES ESCROW SERVICE FOR VESSEL SALES
The Baltic Exchange will be launching an Escrow Service for its members to hold deposits for ship sale transactions. The move will allow Baltic Exc ...
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- International Coal Ventures Pvt Ltd - India
- Ministry of Transport, Egypt
- White Energy Company Limited
- Coal and Oil Company - UAE
- London Commodity Brokers - England
- Georgia Ports Authority, United States
- Standard Chartered Bank - UAE
- Kartika Selabumi Mining - Indonesia
- Power Finance Corporation Ltd., India
- India Bulls Power Limited - India
- Uttam Galva Steels Limited - India
- Mercator Lines Limited - India
- Metalloyd Limited - United Kingdom
- Bahari Cakrawala Sebuku - Indonesia
- Bhushan Steel Limited - India
- Coastal Gujarat Power Limited - India
- Billiton Holdings Pty Ltd - Australia
- Borneo Indobara - Indonesia
- Indo Tambangraya Megah - Indonesia
- Bhoruka Overseas - Indonesia
- Energy Development Corp, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Mintek Dendrill Indonesia
- Bhatia International Limited - India
- Kumho Petrochemical, South Korea
- Binh Thuan Hamico - Vietnam
- Renaissance Capital - South Africa
- Pendopo Energi Batubara - Indonesia
- Baramulti Group, Indonesia
- European Bulk Services B.V. - Netherlands
- PowerSource Philippines DevCo
- Oldendorff Carriers - Singapore
- Dalmia Cement Bharat India
- Global Coal Blending Company Limited - Australia
- Ministry of Mines - Canada
- Tata Chemicals Ltd - India
- Singapore Mercantile Exchange
- Semirara Mining Corp, Philippines
- Bukit Makmur.PT - Indonesia
- Eastern Coal Council - USA
- Bangladesh Power Developement Board
- PNOC Exploration Corporation - Philippines
- Xindia Steels Limited - India
- Maheswari Brothers Coal Limited - India
- Rio Tinto Coal - Australia
- Gujarat Sidhee Cement - India
- Ind-Barath Power Infra Limited - India
- Madhucon Powers Ltd - India
- Agrawal Coal Company - India
- Bukit Baiduri Energy - Indonesia
- McConnell Dowell - Australia
- Marubeni Corporation - India
- Malabar Cements Ltd - India
- Toyota Tsusho Corporation, Japan
- Petron Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Economic Council, Georgia
- Global Business Power Corporation, Philippines
- Energy Link Ltd, New Zealand
- Holcim Trading Pte Ltd - Singapore
- Samtan Co., Ltd - South Korea
- ASAPP Information Group - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Siam City Cement PLC, Thailand
- Kepco SPC Power Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- MS Steel International - UAE
- IHS Mccloskey Coal Group - USA
- Merrill Lynch Commodities Europe
- AsiaOL BioFuels Corp., Philippines
- Central Electricity Authority - India
- Sree Jayajothi Cements Limited - India
- Kideco Jaya Agung - Indonesia
- Romanian Commodities Exchange
- Meenaskhi Energy Private Limited - India
- San Jose City I Power Corp, Philippines
- Carbofer General Trading SA - India
- New Zealand Coal & Carbon
- Planning Commission, India
- Chettinad Cement Corporation Ltd - India
- Electricity Authority, New Zealand
- Alfred C Toepfer International GmbH - Germany
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Posco Energy - South Korea
- Mjunction Services Limited - India
- Vedanta Resources Plc - India
- Africa Commodities Group - South Africa
- OPG Power Generation Pvt Ltd - India
- Chamber of Mines of South Africa
- Maharashtra Electricity Regulatory Commission - India
- Altura Mining Limited, Indonesia
- Thai Mozambique Logistica
- Simpson Spence & Young - Indonesia
- Port Waratah Coal Services - Australia
- Rashtriya Ispat Nigam Limited - India
- Sindya Power Generating Company Private Ltd
- Lanco Infratech Ltd - India
- CNBM International Corporation - China
- The Treasury - Australian Government
- Aboitiz Power Corporation - Philippines
- Sojitz Corporation - Japan
- Indika Energy - Indonesia
- Ministry of Finance - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Parry Sugars Refinery, India
- Bayan Resources Tbk. - Indonesia
- Australian Coal Association
- Neyveli Lignite Corporation Ltd, - India
- Wilmar Investment Holdings
- Bharathi Cement Corporation - India
- CIMB Investment Bank - Malaysia
- Cement Manufacturers Association - India
- Minerals Council of Australia
- Heidelberg Cement - Germany
- Leighton Contractors Pty Ltd - Australia
- Makarim & Taira - Indonesia
- Australian Commodity Traders Exchange
- Essar Steel Hazira Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Formosa Plastics Group - Taiwan
- LBH Netherlands Bv - Netherlands
- Manunggal Multi Energi - Indonesia
- Orica Australia Pty. Ltd.
- Banpu Public Company Limited - Thailand
- Aditya Birla Group - India
- Orica Mining Services - Indonesia
- SMC Global Power, Philippines
- Price Waterhouse Coopers - Russia
- Latin American Coal - Colombia
- GN Power Mariveles Coal Plant, Philippines
- The State Trading Corporation of India Ltd
- Eastern Energy - Thailand
- PetroVietnam Power Coal Import and Supply Company
- South Luzon Thermal Energy Corporation
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Intertek Mineral Services - Indonesia
- Vizag Seaport Private Limited - India
- Trasteel International SA, Italy
- Anglo American - United Kingdom
- Antam Resourcindo - Indonesia
- Iligan Light & Power Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- GAC Shipping (India) Pvt Ltd
- Sinarmas Energy and Mining - Indonesia
- Meralco Power Generation, Philippines
- Kapuas Tunggal Persada - Indonesia
- Indian Energy Exchange, India
- Globalindo Alam Lestari - Indonesia
- Timah Investasi Mineral - Indoneisa
- Thiess Contractors Indonesia
- SMG Consultants - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Bukit Asam (Persero) Tbk - Indonesia
- Sarangani Energy Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- GMR Energy Limited - India
- Larsen & Toubro Limited - India
- Medco Energi Mining Internasional
- Ambuja Cements Ltd - India
- The University of Queensland
- Videocon Industries ltd - India
- Sical Logistics Limited - India
- Bulk Trading Sa - Switzerland
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Central Java Power - Indonesia
- Coalindo Energy - Indonesia
- Star Paper Mills Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Directorate Of Revenue Intelligence - India
- SN Aboitiz Power Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Interocean Group of Companies - India
- Gujarat Mineral Development Corp Ltd - India
- Deloitte Consulting - India
- VISA Power Limited - India
- Sakthi Sugars Limited - India
- Parliament of New Zealand
- Indian Oil Corporation Limited
- Jindal Steel & Power Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Edison Trading Spa - Italy
- Miang Besar Coal Terminal - Indonesia
- TeaM Sual Corporation - Philippines
- Global Green Power PLC Corporation, Philippines
- Indogreen Group - Indonesia
- Siam City Cement - Thailand
- ICICI Bank Limited - India
- Barasentosa Lestari - Indonesia
- Kaltim Prima Coal - Indonesia
- Independent Power Producers Association of India
- Kalimantan Lumbung Energi - Indonesia
- Commonwealth Bank - Australia
- Mercuria Energy - Indonesia
- Wood Mackenzie - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- PTC India Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Riau Bara Harum - Indonesia
- Straits Asia Resources Limited - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Attock Cement Pakistan Limited
- Electricity Generating Authority of Thailand
- Indonesian Coal Mining Association
- Jaiprakash Power Ventures ltd
- GVK Power & Infra Limited - India
- Grasim Industreis Ltd - India
- IEA Clean Coal Centre - UK
- Tamil Nadu electricity Board
- Krishnapatnam Port Company Ltd. - India
- Therma Luzon, Inc, Philippines
- Savvy Resources Ltd - HongKong
- Goldman Sachs - Singapore
- Karaikal Port Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Asmin Koalindo Tuhup - Indonesia
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