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Wednesday, 07 October 09
DOMESTIC SHIPPING FIRMS READY FOR NEW RULES ON COAL, INDUSTRY GROUP SAYS
The Jakarta Globe reported that, The domestic coal-shipping sector is ready for the introduction of shipping regulations requiring all power station coal to be carried by Indonesian-flagged vessels from Jan. 1 next year.
Around $4 billion has been invested in preparation for the change so far, said Indonesian National Ship Owners (INSA) chairman Johnson W Sutjipto.
“We will be ready to implement the cabotage system for the transportation of power-station coal in domestic waters,” he said on Sunday in Jakarta.
Cabotage means the right of governments to require that only domestic companies can carry goods and passengers between two ports in that country.
INSA expects that domestic vessels will have the capacity to carry 32.5 million tons of coal this year, up from 29.3 million tons of coal in 2007 and 30.1 million tons in 2008.
This will be more than enough capacity to handle the estimated 30 million tons of coal that will need to be shipped this year.
“The amount of coal being shipped will keep on increasing year to year,” Johnson said.
Foreign investors were welcome in the Indonesian shipping industry said INSA’s head of overseas relations and cooperation, Djoni Sutji, in an address to a seminar on investment in the industry.
“However, they can only own a maximum of 49 percent of the shares of one shipping company, with the other 51 percent being owned by Indonesians,” Djoni said.
Following a presidential decree issued in 2005, Indonesia has been gradually phasing in cabotage rules in different sectors and eventually aims to have all domestic cargo and passengers carried by Indonesian-flagged vessels.
Last year, regulations were introduced restricting the transportation of crude palm oil, coffee and vegetables to Indonesian vessels.
Most countries around the world continue to apply cabotage restrictions to one extent or another in both the shipping and aviation industries, although they are being eliminated among the member states of the European Union.
Source: The Jakarta Globe
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Saturday, 10 October 09
PT BUMI RESOURCES TO EXPECT 2010 ELECTRIC AND COAL PRICE UP TO US$ 100/T
Indonesia coal producer, PT Bumi Resources recently stated that the revival of the global economy pushes up the demand from power plants and steel m ...
Friday, 09 October 09
INDIKA IN TALKS TO SELL 4M TONS OF COAL, EYEING BP ASSETS
The Jakarta Post reported that, Energy company PT Indika Energy is in talks with Indian buyers to sell 4 million tons of coal next year, one of its ...
Friday, 09 October 09
BULK-SHIPPING LINES MUST CANCEL 50% OF NEW ORDERS, PLATOU SAYS
Bloomberg reported that, Bulk-shipping lines need to cancel half of the new vessels they have on order to ease a capacity glut and revive freight ra ...
Friday, 09 October 09
THE BALTIC DRY INDEX WOKE UP: DRY BULK MARKET ON THE RISE
Hellenic Shipping News reported that, In what could prove the beginning of a new and sustainable rally for the dry bulk market, the BDI (Baltic Dry ...
Friday, 09 October 09
STRAITS ASIA INDONESIAN MINE COAL LOADER COLLAPSES
* New coal loading facility collapsed due to heavy rain
* Older coal loading facility seem unaffected so far
* UBS may cut valuation if disruption ...
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- Binh Thuan Hamico - Vietnam
- Antam Resourcindo - Indonesia
- White Energy Company Limited
- Orica Australia Pty. Ltd.
- Iligan Light & Power Inc, Philippines
- Savvy Resources Ltd - HongKong
- Kumho Petrochemical, South Korea
- Semirara Mining and Power Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Planning Commission, India
- Goldman Sachs - Singapore
- CIMB Investment Bank - Malaysia
- Simpson Spence & Young - Indonesia
- Larsen & Toubro Limited - India
- Singapore Mercantile Exchange
- Petron Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- PowerSource Philippines DevCo
- Aditya Birla Group - India
- Marubeni Corporation - India
- San Jose City I Power Corp, Philippines
- European Bulk Services B.V. - Netherlands
- Parliament of New Zealand
- Neyveli Lignite Corporation Ltd, - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Vedanta Resources Plc - India
- Wilmar Investment Holdings
- GAC Shipping (India) Pvt Ltd
- Maheswari Brothers Coal Limited - India
- Baramulti Group, Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Tamil Nadu electricity Board
- Tata Chemicals Ltd - India
- Bhushan Steel Limited - India
- Toyota Tsusho Corporation, Japan
- Star Paper Mills Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Kartika Selabumi Mining - Indonesia
- Lanco Infratech Ltd - India
- Bhoruka Overseas - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- SN Aboitiz Power Inc, Philippines
- TeaM Sual Corporation - Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Anglo American - United Kingdom
- Billiton Holdings Pty Ltd - Australia
- Makarim & Taira - Indonesia
- Energy Development Corp, Philippines
- Kohat Cement Company Ltd. - Pakistan
- SMC Global Power, Philippines
- Sree Jayajothi Cements Limited - India
- Agrawal Coal Company - India
- Port Waratah Coal Services - Australia
- Mercuria Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Kideco Jaya Agung - Indonesia
- Sinarmas Energy and Mining - Indonesia
- MS Steel International - UAE
- Gujarat Electricity Regulatory Commission - India
- Romanian Commodities Exchange
- Ambuja Cements Ltd - India
- Central Electricity Authority - India
- Leighton Contractors Pty Ltd - Australia
- Jorong Barutama Greston.PT - Indonesia
- IHS Mccloskey Coal Group - USA
- SMG Consultants - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Madhucon Powers Ltd - India
- Sojitz Corporation - Japan
- Africa Commodities Group - South Africa
- Bayan Resources Tbk. - Indonesia
- Pendopo Energi Batubara - Indonesia
- Heidelberg Cement - Germany
- Orica Mining Services - Indonesia
- Aboitiz Power Corporation - Philippines
- Wood Mackenzie - Singapore
- Grasim Industreis Ltd - India
- The University of Queensland
- London Commodity Brokers - England
- Parry Sugars Refinery, India
- Alfred C Toepfer International GmbH - Germany
- Sindya Power Generating Company Private Ltd
- IEA Clean Coal Centre - UK
- New Zealand Coal & Carbon
- Electricity Authority, New Zealand
- Latin American Coal - Colombia
- PTC India Limited - India
- Carbofer General Trading SA - India
- Gujarat Sidhee Cement - India
- Videocon Industries ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Directorate Of Revenue Intelligence - India
- ICICI Bank Limited - India
- Indian Energy Exchange, India
- Therma Luzon, Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Trasteel International SA, Italy
- Price Waterhouse Coopers - Russia
- Bukit Makmur.PT - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- ASAPP Information Group - India
- Georgia Ports Authority, United States
- Metalloyd Limited - United Kingdom
- Coal and Oil Company - UAE
- Banpu Public Company Limited - Thailand
- Kepco SPC Power Corporation, Philippines
- Australian Commodity Traders Exchange
- GVK Power & Infra Limited - India
- Bukit Baiduri Energy - Indonesia
- Ministry of Mines - Canada
- Merrill Lynch Commodities Europe
- Indonesian Coal Mining Association
- PetroVietnam Power Coal Import and Supply Company
- Independent Power Producers Association of India
- Maharashtra Electricity Regulatory Commission - India
- Power Finance Corporation Ltd., India
- Ministry of Transport, Egypt
- Gujarat Mineral Development Corp Ltd - India
- Meralco Power Generation, Philippines
- Cigading International Bulk Terminal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Economic Council, Georgia
- Riau Bara Harum - Indonesia
- Edison Trading Spa - Italy
- The State Trading Corporation of India Ltd
- Bangladesh Power Developement Board
- Electricity Generating Authority of Thailand
- Central Java Power - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Global Coal Blending Company Limited - Australia
- Bulk Trading Sa - Switzerland
- Kalimantan Lumbung Energi - Indonesia
- Indogreen Group - Indonesia
- Kobexindo Tractors - Indoneisa
- Energy Link Ltd, New Zealand
- Formosa Plastics Group - Taiwan
- VISA Power Limited - India
- PNOC Exploration Corporation - Philippines
- Jaiprakash Power Ventures ltd
- Jindal Steel & Power Ltd - India
- South Luzon Thermal Energy Corporation
- Borneo Indobara - Indonesia
- Indika Energy - Indonesia
- Australian Coal Association
- International Coal Ventures Pvt Ltd - India
- Bhatia International Limited - India
- Standard Chartered Bank - UAE
- Dalmia Cement Bharat India
- Holcim Trading Pte Ltd - Singapore
- Mjunction Services Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Global Business Power Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- Attock Cement Pakistan Limited
- Eastern Energy - Thailand
- LBH Netherlands Bv - Netherlands
- Malabar Cements Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Indian Oil Corporation Limited
- GMR Energy Limited - India
- Barasentosa Lestari - Indonesia
- Siam City Cement PLC, Thailand
- Uttam Galva Steels Limited - India
- Xindia Steels Limited - India
- Mintek Dendrill Indonesia
- India Bulls Power Limited - India
- Commonwealth Bank - Australia
- Ministry of Finance - Indonesia
- Coalindo Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Coastal Gujarat Power Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Vizag Seaport Private Limited - India
- Interocean Group of Companies - India
- Karbindo Abesyapradhi - Indoneisa
- Global Green Power PLC Corporation, Philippines
- Medco Energi Mining Internasional
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sarangani Energy Corporation, Philippines
- Cement Manufacturers Association - India
- Thai Mozambique Logistica
- Chamber of Mines of South Africa
- Manunggal Multi Energi - Indonesia
- Sakthi Sugars Limited - India
- Renaissance Capital - South Africa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- McConnell Dowell - Australia
- Minerals Council of Australia
- The Treasury - Australian Government
- Deloitte Consulting - India
- Posco Energy - South Korea
- Bukit Asam (Persero) Tbk - Indonesia
- Thiess Contractors Indonesia
- Intertek Mineral Services - Indonesia
- Kaltim Prima Coal - Indonesia
- Essar Steel Hazira Ltd - India
- Karaikal Port Pvt Ltd - India
- Mercator Lines Limited - India
- Ind-Barath Power Infra Limited - India
- Kapuas Tunggal Persada - Indonesia
- Altura Mining Limited, Indonesia
- Rio Tinto Coal - Australia
- Bharathi Cement Corporation - India
- Siam City Cement - Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Eastern Coal Council - USA
- Indo Tambangraya Megah - Indonesia
- Samtan Co., Ltd - South Korea
- Oldendorff Carriers - Singapore
- CNBM International Corporation - China
- Sical Logistics Limited - India
- Timah Investasi Mineral - Indoneisa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- OPG Power Generation Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
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