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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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Sunday, 04 October 09
GOVT THREATENS TO CANCEL COAL BLOCK ALLOTTED TO BINANI CEMENT
Economic Times reported that, The government has threatened to cancel a coal block allocated for captive use to Binani Cement saying the company see ...
Saturday, 03 October 09
SHORT PERIOD RATES FOR SUPRAMAX WAS AROUND US$ 17,000 PER DAY FOR VESSELS OPENING FAR EAST / SE ASIA - VISTAAR
COALspot.com (Singapore): The BDI firmed up this week by almost 8 pct to 2,357 points , the main reason being jump in Cape size index by almost 22 p ...
Friday, 02 October 09
C&O SEES INDONESIA COAL PURCHASES UP 20 PCT IN 2010
Reuters reported that, Dubai-based coal trader Coal & Oil (C&0) expects its coal purchases from Indonesia to increase by at least 20 percent ...
Thursday, 01 October 09
MJUNCTION LAUNCHES INDIA'S FIRST COAL SPOT PRICE INDEX
• Named 'MJcomposite, MJsteel, MJcement, MJpower' the value weighted index will benefit Indian coal buyers by minimising risk against pr ...
Wednesday, 30 September 09
INDIA CEMENTS SET TO PRODUCE POWER; EYES COAL MINE IN INDONESIA
Financial Express reported that, Tamil Nadu-based India Cements Ltd (ICL) has firmed up plans to produce power to meet its current and future requir ...
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- London Commodity Brokers - England
- Bulk Trading Sa - Switzerland
- Vijayanagar Sugar Pvt Ltd - India
- Parliament of New Zealand
- Posco Energy - South Korea
- Xindia Steels Limited - India
- Planning Commission, India
- Indonesian Coal Mining Association
- Ministry of Finance - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Simpson Spence & Young - Indonesia
- Georgia Ports Authority, United States
- Attock Cement Pakistan Limited
- Central Java Power - Indonesia
- Bhoruka Overseas - Indonesia
- GAC Shipping (India) Pvt Ltd
- Uttam Galva Steels Limited - India
- LBH Netherlands Bv - Netherlands
- White Energy Company Limited
- Straits Asia Resources Limited - Singapore
- Parry Sugars Refinery, India
- Ind-Barath Power Infra Limited - India
- Indogreen Group - Indonesia
- Carbofer General Trading SA - India
- Madhucon Powers Ltd - India
- Standard Chartered Bank - UAE
- Larsen & Toubro Limited - India
- Renaissance Capital - South Africa
- Eastern Coal Council - USA
- Africa Commodities Group - South Africa
- Mercator Lines Limited - India
- Australian Coal Association
- Kapuas Tunggal Persada - Indonesia
- Indika Energy - Indonesia
- Grasim Industreis Ltd - India
- The University of Queensland
- Chamber of Mines of South Africa
- MS Steel International - UAE
- Edison Trading Spa - Italy
- PTC India Limited - India
- Miang Besar Coal Terminal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Coalindo Energy - Indonesia
- Petron Corporation, Philippines
- Thiess Contractors Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Ministry of Mines - Canada
- Romanian Commodities Exchange
- Central Electricity Authority - India
- Baramulti Group, Indonesia
- Global Business Power Corporation, Philippines
- Ambuja Cements Ltd - India
- Electricity Authority, New Zealand
- Chettinad Cement Corporation Ltd - India
- Bharathi Cement Corporation - India
- Altura Mining Limited, Indonesia
- Vizag Seaport Private Limited - India
- Timah Investasi Mineral - Indoneisa
- Maheswari Brothers Coal Limited - India
- Globalindo Alam Lestari - Indonesia
- Independent Power Producers Association of India
- SMC Global Power, Philippines
- Energy Development Corp, Philippines
- India Bulls Power Limited - India
- Anglo American - United Kingdom
- Offshore Bulk Terminal Pte Ltd, Singapore
- The State Trading Corporation of India Ltd
- Meenaskhi Energy Private Limited - India
- Sinarmas Energy and Mining - Indonesia
- Aditya Birla Group - India
- Bhushan Steel Limited - India
- SMG Consultants - Indonesia
- Kumho Petrochemical, South Korea
- Jaiprakash Power Ventures ltd
- IHS Mccloskey Coal Group - USA
- Jindal Steel & Power Ltd - India
- Savvy Resources Ltd - HongKong
- Thai Mozambique Logistica
- Global Coal Blending Company Limited - Australia
- Neyveli Lignite Corporation Ltd, - India
- Wood Mackenzie - Singapore
- GMR Energy Limited - India
- Barasentosa Lestari - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Sarangani Energy Corporation, Philippines
- Videocon Industries ltd - India
- Singapore Mercantile Exchange
- Commonwealth Bank - Australia
- Karaikal Port Pvt Ltd - India
- Port Waratah Coal Services - Australia
- Medco Energi Mining Internasional
- Bangladesh Power Developement Board
- Cement Manufacturers Association - India
- AsiaOL BioFuels Corp., Philippines
- Tata Chemicals Ltd - India
- Sakthi Sugars Limited - India
- Jorong Barutama Greston.PT - Indonesia
- TeaM Sual Corporation - Philippines
- OPG Power Generation Pvt Ltd - India
- Mjunction Services Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Sree Jayajothi Cements Limited - India
- Mercuria Energy - Indonesia
- Energy Link Ltd, New Zealand
- Billiton Holdings Pty Ltd - Australia
- CNBM International Corporation - China
- Sindya Power Generating Company Private Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- International Coal Ventures Pvt Ltd - India
- VISA Power Limited - India
- Australian Commodity Traders Exchange
- Directorate Of Revenue Intelligence - India
- Goldman Sachs - Singapore
- Formosa Plastics Group - Taiwan
- Eastern Energy - Thailand
- Banpu Public Company Limited - Thailand
- Vedanta Resources Plc - India
- ICICI Bank Limited - India
- Cigading International Bulk Terminal - Indonesia
- Kepco SPC Power Corporation, Philippines
- Oldendorff Carriers - Singapore
- Ministry of Transport, Egypt
- Global Green Power PLC Corporation, Philippines
- Electricity Generating Authority of Thailand
- Asmin Koalindo Tuhup - Indonesia
- Semirara Mining Corp, Philippines
- Toyota Tsusho Corporation, Japan
- The Treasury - Australian Government
- Siam City Cement - Thailand
- Wilmar Investment Holdings
- Kalimantan Lumbung Energi - Indonesia
- Essar Steel Hazira Ltd - India
- Minerals Council of Australia
- Orica Australia Pty. Ltd.
- Tamil Nadu electricity Board
- Coal and Oil Company - UAE
- New Zealand Coal & Carbon
- Riau Bara Harum - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- McConnell Dowell - Australia
- Therma Luzon, Inc, Philippines
- Sojitz Corporation - Japan
- Bukit Makmur.PT - Indonesia
- Orica Mining Services - Indonesia
- Indo Tambangraya Megah - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- European Bulk Services B.V. - Netherlands
- Binh Thuan Hamico - Vietnam
- Antam Resourcindo - Indonesia
- Intertek Mineral Services - Indonesia
- San Jose City I Power Corp, Philippines
- Star Paper Mills Limited - India
- Economic Council, Georgia
- Meralco Power Generation, Philippines
- Power Finance Corporation Ltd., India
- Iligan Light & Power Inc, Philippines
- Mintek Dendrill Indonesia
- Rio Tinto Coal - Australia
- Malabar Cements Ltd - India
- Gujarat Electricity Regulatory Commission - India
- TNB Fuel Sdn Bhd - Malaysia
- Indian Oil Corporation Limited
- SN Aboitiz Power Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Deloitte Consulting - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Agrawal Coal Company - India
- PNOC Exploration Corporation - Philippines
- Dalmia Cement Bharat India
- Directorate General of MIneral and Coal - Indonesia
- Kaltim Prima Coal - Indonesia
- Trasteel International SA, Italy
- Borneo Indobara - Indonesia
- Aboitiz Power Corporation - Philippines
- Siam City Cement PLC, Thailand
- PowerSource Philippines DevCo
- Gujarat Sidhee Cement - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Salva Resources Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Lanco Infratech Ltd - India
- CIMB Investment Bank - Malaysia
- Manunggal Multi Energi - Indonesia
- South Luzon Thermal Energy Corporation
- IEA Clean Coal Centre - UK
- Samtan Co., Ltd - South Korea
- Kideco Jaya Agung - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Price Waterhouse Coopers - Russia
- Marubeni Corporation - India
- Maharashtra Electricity Regulatory Commission - India
- Ceylon Electricity Board - Sri Lanka
- Coastal Gujarat Power Limited - India
- Makarim & Taira - Indonesia
- Merrill Lynch Commodities Europe
- Latin American Coal - Colombia
- Holcim Trading Pte Ltd - Singapore
- Rashtriya Ispat Nigam Limited - India
- ASAPP Information Group - India
- Bukit Asam (Persero) Tbk - Indonesia
- Indian Energy Exchange, India
- Heidelberg Cement - Germany
- GVK Power & Infra Limited - India
- Sical Logistics Limited - India
- Bukit Baiduri Energy - Indonesia
- Interocean Group of Companies - India
- Petrochimia International Co. Ltd.- Taiwan
- Bhatia International Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Kartika Selabumi Mining - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Kobexindo Tractors - Indoneisa
- Metalloyd Limited - United Kingdom
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