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Sunday, 03 January 21
INDIA: COMMERCE MINISTRY LAUNCHES COAL IMPORT MONITORING SYSTEM - PTI
 CIMS shall require importers to submit advance information in an online system for imports of items and obtain an automatic registration number by paying registration fee of Re 1 (approximately USD 0.014) per thousand, subject to minimum of Rs 500 (approximately USD 6.84) and maximum of Rs 1 lakh (approximately USD 1368), on CIF (cost, insurance, freight) value.
The Commerce and Industry Ministry has launched a Coal Import Monitoring System (CIMS), under which a trader will have to provide advance information about the imports and obtain a registration number, to have effective policy interventions.
In this system, importers of different kinds of coal including anthracite, bituminous, coking, and steam will have to register in advance on CIMS, providing necessary information.
According to a notification of the Directorate General of Foreign Trade (DGFT), import policy of these items 'shall be subject to CIMS'.
CIMS shall require importers to submit advance information in an online system for imports of items and obtain an automatic registration number by paying registration fee of Re 1 per thousand, subject to minimum of Rs 500 (approximately USD 6.84) and maximum of Rs 1 lakh (approximately USD 1368), on CIF (cost, insurance, freight) value.
'The importer can apply for registration not earlier than 60 days and not later than 15th day before the expected date of arrival of import consignment,' it said.
The registration number would be valid for 75 days.
'Importer shall have to enter the registration number and expiry date of registration in the bill of entry to enable customs for clearance of consignment,' it added.
CIMS will be effective from February 1, 2021 and the facility of online registration will be available from December 31 this year.
The government has similar system for steel imports.
Source: PTI
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Tuesday, 29 December 20
CHINA COKING COAL FUTURES RISE FOR THIRD DAY ON SUPPLY WORRIES - REUTERS
Chinese coking coal futures extended gains into a third session on Monday, jumping as much as 6.2% as lower imports, sliding inventories and mines ...
Wednesday, 23 December 20
COKING COAL'S DECLINE LIKELY TO FOLLOW THE PATH OF THERMAL COAL’S PROGRESSIVE DEMISE - IEEFA
Technology disruption the likely theme of global energy markets in 2021
There has been a growing tsunami of climate commitment annou ...
Wednesday, 23 December 20
MARKET INSIGHT - INTERMODAL
As we all know, China forges more steel than the rest of the world combined, and even during this unprecedented pandemic, the nation is set to brea ...
Tuesday, 22 December 20
2021 DRY BULK OUTLOOK - SUPPLY GROWTH - TORVALD KLAVENESS
In the first article in the series we mentioned that dry bulk freight was in a super cycle between 2001 and 2008. The growth in global yard capacit ...
Tuesday, 22 December 20
INDIA'S COAL DEMAND IS SET TO EXPAND DESPITE PLUMMETING IN 2020 - IEA
Coal consumption in India amounted to 979 Mt in 2019, with the largest share being thermal coal (including lignite) for electricity generation (687 ...
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- Kumho Petrochemical, South Korea
- Grasim Industreis Ltd - India
- SN Aboitiz Power Inc, Philippines
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- VISA Power Limited - India
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Billiton Holdings Pty Ltd - Australia
- Bayan Resources Tbk. - Indonesia
- Larsen & Toubro Limited - India
- Port Waratah Coal Services - Australia
- Petrochimia International Co. Ltd.- Taiwan
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- Bharathi Cement Corporation - India
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- Electricity Authority, New Zealand
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- Singapore Mercantile Exchange
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- London Commodity Brokers - England
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- Economic Council, Georgia
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- Toyota Tsusho Corporation, Japan
- Binh Thuan Hamico - Vietnam
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- Petron Corporation, Philippines
- Bulk Trading Sa - Switzerland
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- Aditya Birla Group - India
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- Therma Luzon, Inc, Philippines
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- Essar Steel Hazira Ltd - India
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- Wilmar Investment Holdings
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- The University of Queensland
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- Lanco Infratech Ltd - India
- Jaiprakash Power Ventures ltd
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- Bank of Tokyo Mitsubishi UFJ Ltd
- Star Paper Mills Limited - India
- Mintek Dendrill Indonesia
- Mjunction Services Limited - India
- Ambuja Cements Ltd - India
- PNOC Exploration Corporation - Philippines
- Eastern Coal Council - USA
- Intertek Mineral Services - Indonesia
- Indonesian Coal Mining Association
- Marubeni Corporation - India
- Heidelberg Cement - Germany
- Price Waterhouse Coopers - Russia
- Kartika Selabumi Mining - Indonesia
- Vedanta Resources Plc - India
- Jorong Barutama Greston.PT - Indonesia
- Energy Development Corp, Philippines
- Ministry of Transport, Egypt
- Ministry of Mines - Canada
- Ministry of Finance - Indonesia
- Kideco Jaya Agung - Indonesia
- Antam Resourcindo - Indonesia
- Uttam Galva Steels Limited - India
- Minerals Council of Australia
- The Treasury - Australian Government
- Directorate Of Revenue Intelligence - India
- Dalmia Cement Bharat India
- Deloitte Consulting - India
- IHS Mccloskey Coal Group - USA
- Tamil Nadu electricity Board
- LBH Netherlands Bv - Netherlands
- GAC Shipping (India) Pvt Ltd
- ASAPP Information Group - India
- Renaissance Capital - South Africa
- Planning Commission, India
- Maheswari Brothers Coal Limited - India
- Krishnapatnam Port Company Ltd. - India
- Timah Investasi Mineral - Indoneisa
- GN Power Mariveles Coal Plant, Philippines
- Carbofer General Trading SA - India
- Bangladesh Power Developement Board
- ICICI Bank Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Formosa Plastics Group - Taiwan
- Georgia Ports Authority, United States
- Thai Mozambique Logistica
- Pipit Mutiara Jaya. PT, Indonesia
- Cement Manufacturers Association - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Australian Commodity Traders Exchange
- Offshore Bulk Terminal Pte Ltd, Singapore
- Altura Mining Limited, Indonesia
- Coal and Oil Company - UAE
- Madhucon Powers Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Australian Coal Association
- Straits Asia Resources Limited - Singapore
- SMG Consultants - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Simpson Spence & Young - Indonesia
- Borneo Indobara - Indonesia
- SMC Global Power, Philippines
- Ind-Barath Power Infra Limited - India
- Videocon Industries ltd - India
- Bhushan Steel Limited - India
- Posco Energy - South Korea
- AsiaOL BioFuels Corp., Philippines
- Goldman Sachs - Singapore
- PTC India Limited - India
- Orica Australia Pty. Ltd.
- Sree Jayajothi Cements Limited - India
- PowerSource Philippines DevCo
- Attock Cement Pakistan Limited
- Kaltim Prima Coal - Indonesia
- Africa Commodities Group - South Africa
- Parliament of New Zealand
- Miang Besar Coal Terminal - Indonesia
- OPG Power Generation Pvt Ltd - India
- Tata Chemicals Ltd - India
- Indian Oil Corporation Limited
- Siam City Cement - Thailand
- CIMB Investment Bank - Malaysia
- Bahari Cakrawala Sebuku - Indonesia
- Gujarat Sidhee Cement - India
- Kepco SPC Power Corporation, Philippines
- White Energy Company Limited
- Mercuria Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- India Bulls Power Limited - India
- Thiess Contractors Indonesia
- Baramulti Group, Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bhatia International Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Medco Energi Mining Internasional
- Holcim Trading Pte Ltd - Singapore
- Bhoruka Overseas - Indonesia
- Sindya Power Generating Company Private Ltd
- Energy Link Ltd, New Zealand
- Interocean Group of Companies - India
- Mercator Lines Limited - India
- International Coal Ventures Pvt Ltd - India
- Indika Energy - Indonesia
- New Zealand Coal & Carbon
- Banpu Public Company Limited - Thailand
- Sarangani Energy Corporation, Philippines
- Xindia Steels Limited - India
- Agrawal Coal Company - India
- GMR Energy Limited - India
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- Karaikal Port Pvt Ltd - India
- Romanian Commodities Exchange
- Samtan Co., Ltd - South Korea
- Siam City Cement PLC, Thailand
- Cigading International Bulk Terminal - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Wood Mackenzie - Singapore
- Edison Trading Spa - Italy
- Chettinad Cement Corporation Ltd - India
- Rio Tinto Coal - Australia
- Parry Sugars Refinery, India
- Alfred C Toepfer International GmbH - Germany
- Central Java Power - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Makarim & Taira - Indonesia
- Central Electricity Authority - India
- McConnell Dowell - Australia
- Global Business Power Corporation, Philippines
- MS Steel International - UAE
- Standard Chartered Bank - UAE
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- Indian Energy Exchange, India
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- Metalloyd Limited - United Kingdom
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- CNBM International Corporation - China
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