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Wednesday, 01 August 18
JOKOWI CANCELS PLAN TO REVOKE COAL DMO - JP
 President Joko "Jokowi" Widodo on Tuesday has canceled the government’s plan to revoke the domestic market obligation (DMO) for coal producers as a means to help state-owned electricity company PLN maintain current electricity rates.
Energy and Mineral Resources Minister Ignasius Jonan said revoking the government policy on the coal DMO would require a lot of effort, as it was stipulated in law, while the price cap was stated in a government regulation (PP).
"The President decided to leave [DMO rule] as it is. There is no new PP and we have same price mechanism. DMO is a mandate of Law No. 4/2009 and the $70 price cap is regulated by a PP," he said at Bogor Palace in West Java.
Prevailing regulations require coal producing companies to allocate 25 percent of their production to fuel power plants for supplying electricity to PLN at a price cap of $70 per ton of coal.
PLN president director Sofyan Basir said that the company needed around 92 million tons of coal per year, around 20 percent of national coal output.
"The market price of coal is now $120 per ton, while the price in the state budget is set at $68 to $70 per ton. If the DMO is revoked, the [resulting] subsidy would be enormous, perhaps up to Rp 30 trillion [US$2.08 billion]," he said.
Last week, Coordinating Maritime Affairs Minister Luhut Binsar Pandjaitan said the government would revoke the DMO policy for coal in response to the increasing coal price. (bbn)
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Wednesday, 17 October 18
SHIPPING MARKET INSIGHT - TIMOS PAPADIMITRIOU
In the last three months approximately 72 tankers changed hands involving ships larger than 33kdwt up to VLCC. 43 of those vessels had to do ...
Tuesday, 16 October 18
A PRACTICAL OVERVIEW OF THE IMO 2020 SULPHUR CAP - CLYDE&CO
KNOWLEDGE TO ELEVATE
With less than eighteen months before Regulation 14.1.3 of Annex VI of the MARPOL Convention comes into effect, there are ...
Saturday, 13 October 18
SUPRAMAX: SIGNIFICANT ACTIVITY IN THE INDIAN OCEAN WAS EVIDENT AND RATES JUMPED - BALTIC BRIEFING
Capesize
A sharp reversal of fortunes for the big ships as the week closed after a depressed beginning. To start with drops were sudden, with t ...
Wednesday, 10 October 18
SHIPPING MARKET INSIGHT - ILIAS M. LALAOUNIS
During the end of last month the BHSI was hovering around 630 points, while the last observed sale on a 10-yr old Japanese Handy was the M/V Van Im ...
Monday, 08 October 18
INDONESIAN THERMAL COAL PRICE REFERENCE FELL 3.74% IN OCTOBER 2018
COALspot.com: The Ministry of Energy and Mineral Resources of the Republic of Indonesia has revised down the benchmark price of Indonesian thermal ...
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- Directorate General of MIneral and Coal - Indonesia
- MS Steel International - UAE
- Intertek Mineral Services - Indonesia
- Standard Chartered Bank - UAE
- Karbindo Abesyapradhi - Indoneisa
- Vedanta Resources Plc - India
- GN Power Mariveles Coal Plant, Philippines
- Larsen & Toubro Limited - India
- Ministry of Mines - Canada
- Baramulti Group, Indonesia
- Rio Tinto Coal - Australia
- Parry Sugars Refinery, India
- Australian Commodity Traders Exchange
- PTC India Limited - India
- Grasim Industreis Ltd - India
- Ministry of Finance - Indonesia
- Sojitz Corporation - Japan
- Orica Mining Services - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Energy Link Ltd, New Zealand
- Siam City Cement - Thailand
- Semirara Mining and Power Corporation, Philippines
- VISA Power Limited - India
- PNOC Exploration Corporation - Philippines
- Barasentosa Lestari - Indonesia
- Latin American Coal - Colombia
- GAC Shipping (India) Pvt Ltd
- Lanco Infratech Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Indogreen Group - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Malabar Cements Ltd - India
- Central Java Power - Indonesia
- Electricity Authority, New Zealand
- Tata Chemicals Ltd - India
- Global Green Power PLC Corporation, Philippines
- Formosa Plastics Group - Taiwan
- OPG Power Generation Pvt Ltd - India
- The Treasury - Australian Government
- Manunggal Multi Energi - Indonesia
- Wood Mackenzie - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- SMC Global Power, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Vijayanagar Sugar Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Kepco SPC Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Sarangani Energy Corporation, Philippines
- Mjunction Services Limited - India
- New Zealand Coal & Carbon
- Commonwealth Bank - Australia
- Leighton Contractors Pty Ltd - Australia
- ASAPP Information Group - India
- Therma Luzon, Inc, Philippines
- Madhucon Powers Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- IEA Clean Coal Centre - UK
- Global Business Power Corporation, Philippines
- Borneo Indobara - Indonesia
- Jaiprakash Power Ventures ltd
- Electricity Generating Authority of Thailand
- Chettinad Cement Corporation Ltd - India
- Timah Investasi Mineral - Indoneisa
- Price Waterhouse Coopers - Russia
- London Commodity Brokers - England
- Binh Thuan Hamico - Vietnam
- Indonesian Coal Mining Association
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bahari Cakrawala Sebuku - Indonesia
- Africa Commodities Group - South Africa
- Oldendorff Carriers - Singapore
- Ambuja Cements Ltd - India
- Mercuria Energy - Indonesia
- Independent Power Producers Association of India
- Minerals Council of Australia
- Mercator Lines Limited - India
- Holcim Trading Pte Ltd - Singapore
- Alfred C Toepfer International GmbH - Germany
- South Luzon Thermal Energy Corporation
- Makarim & Taira - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Chamber of Mines of South Africa
- Jorong Barutama Greston.PT - Indonesia
- European Bulk Services B.V. - Netherlands
- Bukit Asam (Persero) Tbk - Indonesia
- CNBM International Corporation - China
- PetroVietnam Power Coal Import and Supply Company
- Planning Commission, India
- Coastal Gujarat Power Limited - India
- Edison Trading Spa - Italy
- Anglo American - United Kingdom
- Kumho Petrochemical, South Korea
- Bukit Makmur.PT - Indonesia
- Cement Manufacturers Association - India
- ICICI Bank Limited - India
- Renaissance Capital - South Africa
- Indian Energy Exchange, India
- Riau Bara Harum - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Savvy Resources Ltd - HongKong
- The University of Queensland
- Iligan Light & Power Inc, Philippines
- White Energy Company Limited
- Ministry of Transport, Egypt
- Sindya Power Generating Company Private Ltd
- Petrochimia International Co. Ltd.- Taiwan
- Gujarat Electricity Regulatory Commission - India
- Central Electricity Authority - India
- Global Coal Blending Company Limited - Australia
- IHS Mccloskey Coal Group - USA
- Singapore Mercantile Exchange
- Port Waratah Coal Services - Australia
- Altura Mining Limited, Indonesia
- Medco Energi Mining Internasional
- Kartika Selabumi Mining - Indonesia
- Bhoruka Overseas - Indonesia
- Pendopo Energi Batubara - Indonesia
- Georgia Ports Authority, United States
- Kaltim Prima Coal - Indonesia
- Economic Council, Georgia
- Pipit Mutiara Jaya. PT, Indonesia
- McConnell Dowell - Australia
- Wilmar Investment Holdings
- Romanian Commodities Exchange
- Gujarat Mineral Development Corp Ltd - India
- TeaM Sual Corporation - Philippines
- Bukit Baiduri Energy - Indonesia
- Indian Oil Corporation Limited
- Tamil Nadu electricity Board
- Sical Logistics Limited - India
- Posco Energy - South Korea
- Videocon Industries ltd - India
- Maheswari Brothers Coal Limited - India
- Xindia Steels Limited - India
- Coalindo Energy - Indonesia
- Bangladesh Power Developement Board
- Mintek Dendrill Indonesia
- Banpu Public Company Limited - Thailand
- CIMB Investment Bank - Malaysia
- Jindal Steel & Power Ltd - India
- Coal and Oil Company - UAE
- Metalloyd Limited - United Kingdom
- Attock Cement Pakistan Limited
- Directorate Of Revenue Intelligence - India
- LBH Netherlands Bv - Netherlands
- Bhatia International Limited - India
- Sree Jayajothi Cements Limited - India
- Heidelberg Cement - Germany
- Kalimantan Lumbung Energi - Indonesia
- Star Paper Mills Limited - India
- Indo Tambangraya Megah - Indonesia
- PowerSource Philippines DevCo
- GMR Energy Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Agrawal Coal Company - India
- Ind-Barath Power Infra Limited - India
- Antam Resourcindo - Indonesia
- Sakthi Sugars Limited - India
- San Jose City I Power Corp, Philippines
- Samtan Co., Ltd - South Korea
- Simpson Spence & Young - Indonesia
- Parliament of New Zealand
- Trasteel International SA, Italy
- Bulk Trading Sa - Switzerland
- Krishnapatnam Port Company Ltd. - India
- Asmin Koalindo Tuhup - Indonesia
- Aditya Birla Group - India
- Thai Mozambique Logistica
- Energy Development Corp, Philippines
- Globalindo Alam Lestari - Indonesia
- Eastern Coal Council - USA
- Kobexindo Tractors - Indoneisa
- Miang Besar Coal Terminal - Indonesia
- Merrill Lynch Commodities Europe
- Petron Corporation, Philippines
- Gujarat Sidhee Cement - India
- Billiton Holdings Pty Ltd - Australia
- AsiaOL BioFuels Corp., Philippines
- Thiess Contractors Indonesia
- Bayan Resources Tbk. - Indonesia
- Interocean Group of Companies - India
- Vizag Seaport Private Limited - India
- GVK Power & Infra Limited - India
- International Coal Ventures Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Marubeni Corporation - India
- Salva Resources Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Siam City Cement PLC, Thailand
- Kideco Jaya Agung - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Bhushan Steel Limited - India
- Orica Australia Pty. Ltd.
- SMG Consultants - Indonesia
- Indika Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- The State Trading Corporation of India Ltd
- SN Aboitiz Power Inc, Philippines
- Carbofer General Trading SA - India
- Maharashtra Electricity Regulatory Commission - India
- Bharathi Cement Corporation - India
- Goldman Sachs - Singapore
- Ceylon Electricity Board - Sri Lanka
- Meralco Power Generation, Philippines
- Dalmia Cement Bharat India
- Deloitte Consulting - India
- Eastern Energy - Thailand
- Australian Coal Association
- Essar Steel Hazira Ltd - India
- Aboitiz Power Corporation - Philippines
- Semirara Mining Corp, Philippines
- India Bulls Power Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
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