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Wednesday, 04 December 19
INDONESIA REVIEWING RULES MANDATING COAL SALES TO LOCAL BUYERS: OFFICIAL - REUTERS
 Indonesia is reviewing rules that require coal miners to sell a portion of their coal to local buyers, a government official said on Monday, as suppliers struggle to meet the regulation.
Coal miners are currently required to sell 25% of their output to the local market, mainly state-owned electric company PT Perusahaan Listrik Negara (PLN), a policy known as the domestic market obligation (DMO). However, since PLN’s demand is limited while output is climbing, the miners are unable to maintain the ratio of exports to domestic sales.
“We are thinking of ways to avoid harming the domestic sector, but still takes care of exports,” said Bambang Gatot Ariyono, coal and minerals director general at the Ministry of Energy and Mineral Resources, said at a ministry event.
The changes are aimed at “finding the balance between domestic obligation and exports,” he said.
Pandu Sjahrir, the chairman of the Indonesian Coal Mining Association, told reporters separately on Monday that domestic coal consumption remains unchanged at 120 million tonnes a year while output is climbing to 600 million tonnes.
If the government wants to keep the 25% DMO, output should be capped at 480 million tonnes, he said.
Some miners have also complained that they cannot sell to domestic buyers because they require low-calorie coal while the miners mostly produce high-calorie coal, local media reported.
Sjahrir also said he hopes the government will remove the price cap for coal sold to PLN, currently set at $70 per ton.
Indonesia’s Energy and Mineral Resources Minister Arifin Tasrif said last month the government plans to keep the price cap at $70 for 2020.
Ariyono also said the government will also draft new regulations to support its agenda of building a downstream industry for coal.
Indonesian President Joko Widodo wants the country to expand the downstream uses for coal at home, including processing coal into dimethyl ether to substitute for imported liquefied petroleum gas (LPG).
Source: Reuters
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Thursday, 24 October 19
PANAMAX: NEGATIVE SENTIMENT IN THE MARKET AS IT CONTINUES TO WEAKEN - FEARNLEYS
Capesize
The market has continued to slide the last week, as lack of fresh requirements and a slight oversupply of tonnage heading towards Sout ...
Wednesday, 23 October 19
CHINA'S 2019 COAL IMPORTS SET TO RISE MORE THAN 10%: ANALYSTS - REUTERS
China, the world’s top coal buyer, is on track to boost imports of the fuel by more than 10% this year, traders and analysts said on Tuesday, ...
Wednesday, 23 October 19
SHIPPING MARKET INSIGHT - INTERMODAL
Moving closer to the end of the year, we are facing what the market was expecting for quite a while, the ship repair sector booming with the shipya ...
Tuesday, 22 October 19
DRY BULK: DESPITE THE DOWNWARD CORRECTION NOTED OVER THE PAST MONTH, RATES ARE STILL HOLDING OFF AT FAVORABLE LEVELS - ALLIED SHIPPING
Despite the downward correction that has been noted in the dry bulk market over the past month, rates are still holding off at favorable levels. Ev ...
Monday, 21 October 19
SHIPPERS CHANGE COURSE AS FUEL RULES TARGET SULPHUR EMISSIONS - WOOD MACKENZIE
The International Maritime Organization (IMO), the industry’s regulator, will require all ships to reduce the level of sulphur in their engin ...
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Meralco Power Generation, Philippines
- Energy Link Ltd, New Zealand
- Gujarat Mineral Development Corp Ltd - India
- Oldendorff Carriers - Singapore
- Petron Corporation, Philippines
- Siam City Cement - Thailand
- Jorong Barutama Greston.PT - Indonesia
- European Bulk Services B.V. - Netherlands
- Mercuria Energy - Indonesia
- Latin American Coal - Colombia
- Posco Energy - South Korea
- Kobexindo Tractors - Indoneisa
- Manunggal Multi Energi - Indonesia
- Singapore Mercantile Exchange
- Bayan Resources Tbk. - Indonesia
- Independent Power Producers Association of India
- Renaissance Capital - South Africa
- Kapuas Tunggal Persada - Indonesia
- IEA Clean Coal Centre - UK
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- LBH Netherlands Bv - Netherlands
- Africa Commodities Group - South Africa
- South Luzon Thermal Energy Corporation
- Economic Council, Georgia
- Cement Manufacturers Association - India
- GAC Shipping (India) Pvt Ltd
- Merrill Lynch Commodities Europe
- Karbindo Abesyapradhi - Indoneisa
- McConnell Dowell - Australia
- SMC Global Power, Philippines
- Star Paper Mills Limited - India
- Australian Commodity Traders Exchange
- Bahari Cakrawala Sebuku - Indonesia
- TeaM Sual Corporation - Philippines
- Electricity Generating Authority of Thailand
- Binh Thuan Hamico - Vietnam
- Chettinad Cement Corporation Ltd - India
- Coastal Gujarat Power Limited - India
- SN Aboitiz Power Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
- Coalindo Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Baramulti Group, Indonesia
- Bangladesh Power Developement Board
- Barasentosa Lestari - Indonesia
- The Treasury - Australian Government
- The State Trading Corporation of India Ltd
- Edison Trading Spa - Italy
- Essar Steel Hazira Ltd - India
- Energy Development Corp, Philippines
- Semirara Mining and Power Corporation, Philippines
- Indogreen Group - Indonesia
- Thai Mozambique Logistica
- Alfred C Toepfer International GmbH - Germany
- ASAPP Information Group - India
- Eastern Energy - Thailand
- Salva Resources Pvt Ltd - India
- Medco Energi Mining Internasional
- India Bulls Power Limited - India
- Karaikal Port Pvt Ltd - India
- Mintek Dendrill Indonesia
- San Jose City I Power Corp, Philippines
- Interocean Group of Companies - India
- Globalindo Alam Lestari - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Indonesian Coal Mining Association
- Banpu Public Company Limited - Thailand
- PTC India Limited - India
- Ind-Barath Power Infra Limited - India
- Straits Asia Resources Limited - Singapore
- Mercator Lines Limited - India
- Ambuja Cements Ltd - India
- GMR Energy Limited - India
- Indian Energy Exchange, India
- Price Waterhouse Coopers - Russia
- Romanian Commodities Exchange
- Kaltim Prima Coal - Indonesia
- Parry Sugars Refinery, India
- Directorate General of MIneral and Coal - Indonesia
- Sojitz Corporation - Japan
- PNOC Exploration Corporation - Philippines
- Cigading International Bulk Terminal - Indonesia
- Dalmia Cement Bharat India
- Kumho Petrochemical, South Korea
- TNB Fuel Sdn Bhd - Malaysia
- Billiton Holdings Pty Ltd - Australia
- Pendopo Energi Batubara - Indonesia
- Mjunction Services Limited - India
- Standard Chartered Bank - UAE
- Orica Mining Services - Indonesia
- CNBM International Corporation - China
- Bhushan Steel Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- PowerSource Philippines DevCo
- Iligan Light & Power Inc, Philippines
- Jindal Steel & Power Ltd - India
- Ministry of Mines - Canada
- Vedanta Resources Plc - India
- Ceylon Electricity Board - Sri Lanka
- Sree Jayajothi Cements Limited - India
- Wilmar Investment Holdings
- Sinarmas Energy and Mining - Indonesia
- Coal and Oil Company - UAE
- Indika Energy - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Port Waratah Coal Services - Australia
- Carbofer General Trading SA - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Savvy Resources Ltd - HongKong
- Bank of Tokyo Mitsubishi UFJ Ltd
- SMG Consultants - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Neyveli Lignite Corporation Ltd, - India
- Formosa Plastics Group - Taiwan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Semirara Mining Corp, Philippines
- Anglo American - United Kingdom
- Miang Besar Coal Terminal - Indonesia
- Riau Bara Harum - Indonesia
- White Energy Company Limited
- Georgia Ports Authority, United States
- CIMB Investment Bank - Malaysia
- AsiaOL BioFuels Corp., Philippines
- Directorate Of Revenue Intelligence - India
- Minerals Council of Australia
- Heidelberg Cement - Germany
- Bharathi Cement Corporation - India
- Aditya Birla Group - India
- Maheswari Brothers Coal Limited - India
- Bukit Makmur.PT - Indonesia
- Rio Tinto Coal - Australia
- Sakthi Sugars Limited - India
- MS Steel International - UAE
- Gujarat Electricity Regulatory Commission - India
- Kohat Cement Company Ltd. - Pakistan
- Holcim Trading Pte Ltd - Singapore
- Sindya Power Generating Company Private Ltd
- Meenaskhi Energy Private Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Australian Coal Association
- Videocon Industries ltd - India
- Borneo Indobara - Indonesia
- Trasteel International SA, Italy
- London Commodity Brokers - England
- GVK Power & Infra Limited - India
- Global Business Power Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Ministry of Transport, Egypt
- Antam Resourcindo - Indonesia
- Electricity Authority, New Zealand
- Central Java Power - Indonesia
- Thiess Contractors Indonesia
- Aboitiz Power Corporation - Philippines
- New Zealand Coal & Carbon
- The University of Queensland
- Petrochimia International Co. Ltd.- Taiwan
- Timah Investasi Mineral - Indoneisa
- Altura Mining Limited, Indonesia
- Global Green Power PLC Corporation, Philippines
- Deloitte Consulting - India
- Eastern Coal Council - USA
- Gujarat Sidhee Cement - India
- VISA Power Limited - India
- Agrawal Coal Company - India
- Global Coal Blending Company Limited - Australia
- Power Finance Corporation Ltd., India
- Vizag Seaport Private Limited - India
- Kepco SPC Power Corporation, Philippines
- Bhatia International Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Simpson Spence & Young - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Sical Logistics Limited - India
- Indian Oil Corporation Limited
- Grasim Industreis Ltd - India
- Orica Australia Pty. Ltd.
- Siam City Cement PLC, Thailand
- Bukit Baiduri Energy - Indonesia
- Larsen & Toubro Limited - India
- Parliament of New Zealand
- Wood Mackenzie - Singapore
- Malabar Cements Ltd - India
- IHS Mccloskey Coal Group - USA
- Xindia Steels Limited - India
- Tamil Nadu electricity Board
- Ministry of Finance - Indonesia
- Samtan Co., Ltd - South Korea
- Chamber of Mines of South Africa
- Madhucon Powers Ltd - India
- Central Electricity Authority - India
- Attock Cement Pakistan Limited
- Indo Tambangraya Megah - Indonesia
- Kartika Selabumi Mining - Indonesia
- Metalloyd Limited - United Kingdom
- Marubeni Corporation - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Makarim & Taira - Indonesia
- Intertek Mineral Services - Indonesia
- Therma Luzon, Inc, Philippines
- Lanco Infratech Ltd - India
- Kideco Jaya Agung - Indonesia
- Bhoruka Overseas - Indonesia
- Commonwealth Bank - Australia
- Planning Commission, India
- Tata Chemicals Ltd - India
- Jaiprakash Power Ventures ltd
- Uttam Galva Steels Limited - India
- Goldman Sachs - Singapore
- OPG Power Generation Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- ICICI Bank Limited - India
- Bulk Trading Sa - Switzerland
- Kalimantan Lumbung Energi - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
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