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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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Monday, 21 December 20
A REBOUND IN GLOBAL COAL DEMAND IN 2021 IS SET TO BE SHORT-LIVED, BUT NO IMMEDIATE DECLINE IN SIGHT - IEA
After a major drop in recent years, global coal demand is forecast to rise by 2.6% in 2021 before flattening out to 2025
A global ec ...
Friday, 18 December 20
AUSTRALIA PM WARNS OF ‘LOSE-LOSE’ IN ANY CHINA COAL SHIFT - REUTERS
Australian Prime Minister Scott Morrison said any shift by China away from importing high quality Australian coal would be a “lose-lose&rdquo ...
Friday, 18 December 20
BIG OIL AND COAL EXPORTERS FACE RECKONING AS PARIS AGREEMENT TURNS FIVE - CNA
On Dec 12, more than 70 global leaders came together at the UN’s Climate Ambition Summit, marking the fifth anniversary of the Paris Agreemen ...
Friday, 18 December 20
SOUTH AFRICAN COAL EXPORTERS LARGELY DEPENDENT ON THE ASIAN MARKETS - BANCHERO COSTA
South Africa is the fourth largest exporter of coal in the world, after Australia, Indonesia and Russia. In calendar 2019 the country exported a to ...
Thursday, 17 December 20
CHINA'S BAN IS LESS OF A THREAT TO AUSTRALIA'S COAL INDUSTRY THAN INTERNATIONAL CLIMATE AMBITION - IEEFA
Australian coal exporters will survive this near-term political fight but there are longterm structural headwinds
The decision by Ch ...
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- Ministry of Mines - Canada
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- Coal and Oil Company - UAE
- The University of Queensland
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- Romanian Commodities Exchange
- Kideco Jaya Agung - Indonesia
- Maheswari Brothers Coal Limited - India
- Parry Sugars Refinery, India
- Thiess Contractors Indonesia
- Ministry of Transport, Egypt
- Carbofer General Trading SA - India
- Posco Energy - South Korea
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- Simpson Spence & Young - Indonesia
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- Jorong Barutama Greston.PT - Indonesia
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- Mercator Lines Limited - India
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- Ministry of Finance - Indonesia
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- VISA Power Limited - India
- Directorate Of Revenue Intelligence - India
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- Sical Logistics Limited - India
- Semirara Mining and Power Corporation, Philippines
- Commonwealth Bank - Australia
- Tata Chemicals Ltd - India
- Port Waratah Coal Services - Australia
- Aditya Birla Group - India
- Videocon Industries ltd - India
- LBH Netherlands Bv - Netherlands
- Planning Commission, India
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- Kumho Petrochemical, South Korea
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- London Commodity Brokers - England
- Indonesian Coal Mining Association
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- Leighton Contractors Pty Ltd - Australia
- Makarim & Taira - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Orica Australia Pty. Ltd.
- Indian Energy Exchange, India
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- Global Business Power Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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- Singapore Mercantile Exchange
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- Savvy Resources Ltd - HongKong
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- Wilmar Investment Holdings
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- Economic Council, Georgia
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