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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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- Ministry of Mines - Canada
- Grasim Industreis Ltd - India
- Agrawal Coal Company - India
- Semirara Mining Corp, Philippines
- Borneo Indobara - Indonesia
- Straits Asia Resources Limited - Singapore
- Global Coal Blending Company Limited - Australia
- Mercuria Energy - Indonesia
- Star Paper Mills Limited - India
- Standard Chartered Bank - UAE
- Banpu Public Company Limited - Thailand
- Indo Tambangraya Megah - Indonesia
- MS Steel International - UAE
- London Commodity Brokers - England
- New Zealand Coal & Carbon
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- Kumho Petrochemical, South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sojitz Corporation - Japan
- Samtan Co., Ltd - South Korea
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- IHS Mccloskey Coal Group - USA
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- Goldman Sachs - Singapore
- Indian Oil Corporation Limited
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- Australian Coal Association
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- Jaiprakash Power Ventures ltd
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- Independent Power Producers Association of India
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- Ministry of Finance - Indonesia
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- Siam City Cement PLC, Thailand
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- Holcim Trading Pte Ltd - Singapore
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- Interocean Group of Companies - India
- OPG Power Generation Pvt Ltd - India
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- Sarangani Energy Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Directorate Of Revenue Intelligence - India
- Oldendorff Carriers - Singapore
- Kohat Cement Company Ltd. - Pakistan
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- Kapuas Tunggal Persada - Indonesia
- Georgia Ports Authority, United States
- Xindia Steels Limited - India
- Salva Resources Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- Bayan Resources Tbk. - Indonesia
- Wilmar Investment Holdings
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- Metalloyd Limited - United Kingdom
- Manunggal Multi Energi - Indonesia
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- Bangladesh Power Developement Board
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- White Energy Company Limited
- Miang Besar Coal Terminal - Indonesia
- Kepco SPC Power Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Renaissance Capital - South Africa
- SMC Global Power, Philippines
- Planning Commission, India
- Indian Energy Exchange, India
- Thiess Contractors Indonesia
- Eastern Energy - Thailand
- Kaltim Prima Coal - Indonesia
- Mintek Dendrill Indonesia
- Orica Australia Pty. Ltd.
- Directorate General of MIneral and Coal - Indonesia
- Kartika Selabumi Mining - Indonesia
- Petron Corporation, Philippines
- Dalmia Cement Bharat India
- Ambuja Cements Ltd - India
- GVK Power & Infra Limited - India
- Orica Mining Services - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Makarim & Taira - Indonesia
- Chamber of Mines of South Africa
- Malabar Cements Ltd - India
- Semirara Mining and Power Corporation, Philippines
- PTC India Limited - India
- The State Trading Corporation of India Ltd
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- Riau Bara Harum - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Minerals Council of Australia
- Trasteel International SA, Italy
- Indika Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- Rio Tinto Coal - Australia
- Siam City Cement - Thailand
- Timah Investasi Mineral - Indoneisa
- Billiton Holdings Pty Ltd - Australia
- GMR Energy Limited - India
- CIMB Investment Bank - Malaysia
- Central Electricity Authority - India
- Toyota Tsusho Corporation, Japan
- Vizag Seaport Private Limited - India
- Altura Mining Limited, Indonesia
- Central Java Power - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Iligan Light & Power Inc, Philippines
- Coastal Gujarat Power Limited - India
- The Treasury - Australian Government
- South Luzon Thermal Energy Corporation
- PetroVietnam Power Coal Import and Supply Company
- Krishnapatnam Port Company Ltd. - India
- Gujarat Mineral Development Corp Ltd - India
- European Bulk Services B.V. - Netherlands
- Bhoruka Overseas - Indonesia
- Indonesian Coal Mining Association
- Essar Steel Hazira Ltd - India
- Intertek Mineral Services - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Attock Cement Pakistan Limited
- Commonwealth Bank - Australia
- Bharathi Cement Corporation - India
- Bukit Makmur.PT - Indonesia
- Economic Council, Georgia
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- Gujarat Electricity Regulatory Commission - India
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- LBH Netherlands Bv - Netherlands
- SMG Consultants - Indonesia
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- Jorong Barutama Greston.PT - Indonesia
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- Marubeni Corporation - India
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- Karbindo Abesyapradhi - Indoneisa
- Australian Commodity Traders Exchange
- India Bulls Power Limited - India
- Vedanta Resources Plc - India
- ICICI Bank Limited - India
- Price Waterhouse Coopers - Russia
- Larsen & Toubro Limited - India
- Videocon Industries ltd - India
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