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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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Friday, 30 March 18
SHIPPING INDUSTRY CONFIDENCE HITS FOUR-YEAR HIGH - MOORE STEPHENS
Shipping Confidence Survey
In February 2018, the average confidence level expressed by respondents was up from 6.2 in November 2017 t ...
Friday, 30 March 18
EXPLAINING POLAND'S COAL PARADOX - FORBES
In the U.S. coal is succumbing to market forces despite the Trump Administration’s push to support the industry. Abundant, cheap and cleaner ...
Friday, 30 March 18
THIESS SECURES $140M MT OWEN INCREASE
Thiess has secured a A$140 million increase to its contract with Glencore for coal mining services at Mt Owen in the Hunter Valley, Australia. Mt O ...
Wednesday, 28 March 18
THIESS WINS $280M WAHANA EXTENSION
Thiess has been awarded a three-year $280 million contract extension at the Wahana coal mine in South Kalimantan, Indonesia.
According to Thie ...
Wednesday, 28 March 18
RIO TINTO TO SELL KESTREL MINE FOR $2.25 BILLION - REUTERS
Rio Tinto sold its remaining coal asset Kestrel in Australia to private equity manager EMR Capital and Indonesia’s Adaro Energy Tbk for $2.25 ...
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- Indogreen Group - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Savvy Resources Ltd - HongKong
- PetroVietnam Power Coal Import and Supply Company
- Bharathi Cement Corporation - India
- Bukit Makmur.PT - Indonesia
- Electricity Authority, New Zealand
- Oldendorff Carriers - Singapore
- Vizag Seaport Private Limited - India
- Iligan Light & Power Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Kalimantan Lumbung Energi - Indonesia
- Ministry of Finance - Indonesia
- The State Trading Corporation of India Ltd
- Electricity Generating Authority of Thailand
- Maheswari Brothers Coal Limited - India
- PNOC Exploration Corporation - Philippines
- Cigading International Bulk Terminal - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Orica Mining Services - Indonesia
- Kepco SPC Power Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Chettinad Cement Corporation Ltd - India
- Attock Cement Pakistan Limited
- Bhatia International Limited - India
- Indian Oil Corporation Limited
- CIMB Investment Bank - Malaysia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Merrill Lynch Commodities Europe
- Wilmar Investment Holdings
- Aditya Birla Group - India
- Jaiprakash Power Ventures ltd
- Samtan Co., Ltd - South Korea
- Thiess Contractors Indonesia
- Australian Commodity Traders Exchange
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PTC India Limited - India
- Therma Luzon, Inc, Philippines
- European Bulk Services B.V. - Netherlands
- Sarangani Energy Corporation, Philippines
- Semirara Mining and Power Corporation, Philippines
- Videocon Industries ltd - India
- Baramulti Group, Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Ambuja Cements Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Minerals Council of Australia
- Krishnapatnam Port Company Ltd. - India
- Standard Chartered Bank - UAE
- Ministry of Mines - Canada
- Gujarat Mineral Development Corp Ltd - India
- Petron Corporation, Philippines
- Orica Australia Pty. Ltd.
- Directorate General of MIneral and Coal - Indonesia
- Wood Mackenzie - Singapore
- India Bulls Power Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Kartika Selabumi Mining - Indonesia
- Borneo Indobara - Indonesia
- Ind-Barath Power Infra Limited - India
- Grasim Industreis Ltd - India
- South Luzon Thermal Energy Corporation
- Sinarmas Energy and Mining - Indonesia
- CNBM International Corporation - China
- Gujarat Sidhee Cement - India
- Straits Asia Resources Limited - Singapore
- Maharashtra Electricity Regulatory Commission - India
- Interocean Group of Companies - India
- Bhushan Steel Limited - India
- Xindia Steels Limited - India
- Manunggal Multi Energi - Indonesia
- IEA Clean Coal Centre - UK
- Sindya Power Generating Company Private Ltd
- Bukit Asam (Persero) Tbk - Indonesia
- Sakthi Sugars Limited - India
- GN Power Mariveles Coal Plant, Philippines
- New Zealand Coal & Carbon
- Global Business Power Corporation, Philippines
- Lanco Infratech Ltd - India
- Uttam Galva Steels Limited - India
- Star Paper Mills Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Planning Commission, India
- San Jose City I Power Corp, Philippines
- GVK Power & Infra Limited - India
- Tamil Nadu electricity Board
- Globalindo Alam Lestari - Indonesia
- Holcim Trading Pte Ltd - Singapore
- TeaM Sual Corporation - Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Directorate Of Revenue Intelligence - India
- Jorong Barutama Greston.PT - Indonesia
- Barasentosa Lestari - Indonesia
- PowerSource Philippines DevCo
- London Commodity Brokers - England
- Bulk Trading Sa - Switzerland
- Marubeni Corporation - India
- Africa Commodities Group - South Africa
- Intertek Mineral Services - Indonesia
- Altura Mining Limited, Indonesia
- Anglo American - United Kingdom
- Indo Tambangraya Megah - Indonesia
- OPG Power Generation Pvt Ltd - India
- Sical Logistics Limited - India
- Binh Thuan Hamico - Vietnam
- Kaltim Prima Coal - Indonesia
- Power Finance Corporation Ltd., India
- Cement Manufacturers Association - India
- Indika Energy - Indonesia
- Siam City Cement PLC, Thailand
- Riau Bara Harum - Indonesia
- Toyota Tsusho Corporation, Japan
- Mercator Lines Limited - India
- Timah Investasi Mineral - Indoneisa
- LBH Netherlands Bv - Netherlands
- Banpu Public Company Limited - Thailand
- McConnell Dowell - Australia
- Coastal Gujarat Power Limited - India
- Larsen & Toubro Limited - India
- Bhoruka Overseas - Indonesia
- GMR Energy Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Energy Link Ltd, New Zealand
- Mjunction Services Limited - India
- Karaikal Port Pvt Ltd - India
- Coal and Oil Company - UAE
- Port Waratah Coal Services - Australia
- Makarim & Taira - Indonesia
- Price Waterhouse Coopers - Russia
- Malabar Cements Ltd - India
- Pendopo Energi Batubara - Indonesia
- MS Steel International - UAE
- Coalindo Energy - Indonesia
- ASAPP Information Group - India
- Rashtriya Ispat Nigam Limited - India
- AsiaOL BioFuels Corp., Philippines
- SMC Global Power, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Meenaskhi Energy Private Limited - India
- Bangladesh Power Developement Board
- Simpson Spence & Young - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Australian Coal Association
- Petrochimia International Co. Ltd.- Taiwan
- Aboitiz Power Corporation - Philippines
- Rio Tinto Coal - Australia
- ICICI Bank Limited - India
- Vedanta Resources Plc - India
- Bayan Resources Tbk. - Indonesia
- Deloitte Consulting - India
- Sree Jayajothi Cements Limited - India
- Singapore Mercantile Exchange
- Dalmia Cement Bharat India
- SN Aboitiz Power Inc, Philippines
- Edison Trading Spa - Italy
- Meralco Power Generation, Philippines
- Formosa Plastics Group - Taiwan
- Commonwealth Bank - Australia
- International Coal Ventures Pvt Ltd - India
- Energy Development Corp, Philippines
- Metalloyd Limited - United Kingdom
- Eastern Coal Council - USA
- Kumho Petrochemical, South Korea
- Essar Steel Hazira Ltd - India
- Global Green Power PLC Corporation, Philippines
- Georgia Ports Authority, United States
- Indian Energy Exchange, India
- Goldman Sachs - Singapore
- Chamber of Mines of South Africa
- Thai Mozambique Logistica
- SMG Consultants - Indonesia
- Parliament of New Zealand
- Eastern Energy - Thailand
- Neyveli Lignite Corporation Ltd, - India
- The University of Queensland
- Mintek Dendrill Indonesia
- Ministry of Transport, Egypt
- Salva Resources Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Independent Power Producers Association of India
- Asmin Koalindo Tuhup - Indonesia
- Global Coal Blending Company Limited - Australia
- Posco Energy - South Korea
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Economic Council, Georgia
- Miang Besar Coal Terminal - Indonesia
- Kideco Jaya Agung - Indonesia
- Antam Resourcindo - Indonesia
- Romanian Commodities Exchange
- Pipit Mutiara Jaya. PT, Indonesia
- Trasteel International SA, Italy
- GAC Shipping (India) Pvt Ltd
- Central Electricity Authority - India
- Medco Energi Mining Internasional
- White Energy Company Limited
- Gujarat Electricity Regulatory Commission - India
- Parry Sugars Refinery, India
- Semirara Mining Corp, Philippines
- The Treasury - Australian Government
- Sojitz Corporation - Japan
- Billiton Holdings Pty Ltd - Australia
- Central Java Power - Indonesia
- Heidelberg Cement - Germany
- Agrawal Coal Company - India
- Siam City Cement - Thailand
- VISA Power Limited - India
- Mercuria Energy - Indonesia
- Indonesian Coal Mining Association
- Ceylon Electricity Board - Sri Lanka
- Madhucon Powers Ltd - India
- Latin American Coal - Colombia
- Renaissance Capital - South Africa
- Vijayanagar Sugar Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Carbofer General Trading SA - India
- Tata Chemicals Ltd - India
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