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Thursday, 21 January 10
CABOTAGE POLICY POSTPONED
The Transportation Ministry has decided to postpone for one year the full enforcement of the cabotage principle – a maritime term for the prohibition of foreign ships carrying domestic cargo – which was originally scheduled for earlier this month, as required by a presidential instruction issued in 2005.
Transportation Minister Freddy Numberi explained Monday the postponement was allowed by the 2008 Maritime Transport Service Law, which stipulates, among other things, that the cabotage policy shall be implemented three years after the law comes into force.
The issue here is not whether the deferment is legal, but simply the sad fact that five years after the promulgation of the presidential decree, national freighters are not yet ready to fully take over the shipment of domestic seaborne cargo.
This is only more evidence of how ignorant the government has been of basic infrastructure, notably coastal shipping services, which are vital for such a vast archipelagic country as Indonesia.
It is understandable if more than 80 percent of our exports and imports are still controlled by foreign vessels, in view of the keen competition in international freight service. But letting around 40 percent of our domestic seaborne cargo remain carried by foreign-flagged ships could inflict severe damage to our economy.
Inter-island shipping provides input to the national economy both through the transport of commodities used in manufacturing and through the distribution of finished goods. Put another way, efficient and extensive coastal shipping services deepen the economic integration and linkages between all the major islands.
We therefore find it hard to understand why the government has not made concerted efforts to empower the national shipping and shipbuilding industries through well-coordinated policies involving banks, shippers (manufacturers) and other related parties.
Cabotage relaxation could benefit the economy through wider access to lower freight rates, because international bulk ships usually have much larger capacities. Moreover, many bulk ships servicing Australia’s exports of coal, iron ore, wheat, alumina and sugar to South Korea, India and Japan and even Indonesia arrive in Australia empty. Hence these freighters can marginally cost their inbound capacity at rates national freighter companies cannot compete with.
But we should look beyond the short-term benefits. Heavy dependence on foreign vessels for our domestic cargo makes our economy vulnerable to a sudden disruption of supplies, because foreign bulk vessels select their service routes primarily on the basis of optimizing cargoes and returns. If the government is really serious about improving national economic competitiveness and making the archipelago an economically integrated zone, it has no other choice but to empower the shipping and shipbuilding industries in cooperation with banks, traders and manufacturing companies.
The implementation of the cabotage principle would go a long way in making shipping firms more attractive to bank lending as it would increase the cargo volume for national freighters, which in turn would require more cargo vessels.
The development of coastal freight services has become more imperative now due to the sharp increase in the demand for inter-island shipments of coal, palm oil, petroleum-based products and various other bulk commodities.
For instance, coal shipments alone will more than double into the hundreds of millions of tons within six to 10 years as a result of the building of new coal-fired power plants with a total capacity of 10,000 megawatts in Java, while coal supplies are derived mainly from Kalimantan and Sumatra.
Source: Editorial / The Jakarta Post
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Wednesday, 20 January 10
NALCO SEEKS CONSULTANT FOR $4 BILLION INDONESIAN SMELTER, PLANT
National Aluminium Co., India’s second-biggest producer of the metal, called for bids for a consultant on its proposed aluminum smelter and co ...
Wednesday, 20 January 10
NTPC PLANS TO SET UP ARM FOR ACQUIRING COAL ASSETS ABROAD
NTPC, the world’s second-largest independent power producer (IPP), plans to set up a new entity for acquiring coal assets abroad to secure fue ...
Wednesday, 20 January 10
CEMENT FIRMS TO BUY POWER PLANT COAL ASH
CEBU, Philippines - Cement companies in Cebu are interested to buy the coal ash that will be produced from the coal-fired power plant in Toledo City ...
Tuesday, 19 January 10
CHINA TO INCREASE THERMAL COAL IMPORTS - WEN
China's Premier Wen Jiabao said on Tuesday that China will appropriately increase imports of thermal coal to ease the country's power shortages.
...
Tuesday, 19 January 10
CESC TO BUY 100,000 MT OF INDONESIAN SUB BITUMINOUS COAL
COALspot.com (India): CESC, India’s one of the largest and oldest private power producer is expected to issue a closed tender any time this we ...
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- Eastern Coal Council - USA
- Kohat Cement Company Ltd. - Pakistan
- Straits Asia Resources Limited - Singapore
- TeaM Sual Corporation - Philippines
- Krishnapatnam Port Company Ltd. - India
- Sindya Power Generating Company Private Ltd
- CIMB Investment Bank - Malaysia
- Baramulti Group, Indonesia
- SMG Consultants - Indonesia
- Karaikal Port Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Toyota Tsusho Corporation, Japan
- Wilmar Investment Holdings
- Sarangani Energy Corporation, Philippines
- Star Paper Mills Limited - India
- Goldman Sachs - Singapore
- Grasim Industreis Ltd - India
- Orica Mining Services - Indonesia
- Georgia Ports Authority, United States
- White Energy Company Limited
- Indika Energy - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Economic Council, Georgia
- Central Java Power - Indonesia
- Borneo Indobara - Indonesia
- Orica Australia Pty. Ltd.
- Jorong Barutama Greston.PT - Indonesia
- Uttam Galva Steels Limited - India
- Cigading International Bulk Terminal - Indonesia
- Kumho Petrochemical, South Korea
- Gujarat Mineral Development Corp Ltd - India
- Marubeni Corporation - India
- Ambuja Cements Ltd - India
- Bhatia International Limited - India
- Chamber of Mines of South Africa
- Port Waratah Coal Services - Australia
- San Jose City I Power Corp, Philippines
- India Bulls Power Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Planning Commission, India
- Energy Link Ltd, New Zealand
- Intertek Mineral Services - Indonesia
- Posco Energy - South Korea
- Bukit Makmur.PT - Indonesia
- Formosa Plastics Group - Taiwan
- Ministry of Transport, Egypt
- Singapore Mercantile Exchange
- Riau Bara Harum - Indonesia
- Simpson Spence & Young - Indonesia
- The University of Queensland
- Neyveli Lignite Corporation Ltd, - India
- Independent Power Producers Association of India
- Indo Tambangraya Megah - Indonesia
- Makarim & Taira - Indonesia
- Sree Jayajothi Cements Limited - India
- Electricity Authority, New Zealand
- Interocean Group of Companies - India
- Dalmia Cement Bharat India
- Kaltim Prima Coal - Indonesia
- SMC Global Power, Philippines
- Mintek Dendrill Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Barasentosa Lestari - Indonesia
- Anglo American - United Kingdom
- Heidelberg Cement - Germany
- Billiton Holdings Pty Ltd - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Antam Resourcindo - Indonesia
- Eastern Energy - Thailand
- Global Coal Blending Company Limited - Australia
- Sakthi Sugars Limited - India
- Madhucon Powers Ltd - India
- Larsen & Toubro Limited - India
- Semirara Mining and Power Corporation, Philippines
- Malabar Cements Ltd - India
- PowerSource Philippines DevCo
- Tata Chemicals Ltd - India
- Medco Energi Mining Internasional
- Ministry of Mines - Canada
- Bhoruka Overseas - Indonesia
- Ceylon Electricity Board - Sri Lanka
- The Treasury - Australian Government
- Siam City Cement - Thailand
- Therma Luzon, Inc, Philippines
- Mercuria Energy - Indonesia
- McConnell Dowell - Australia
- Coal and Oil Company - UAE
- GAC Shipping (India) Pvt Ltd
- Directorate General of MIneral and Coal - Indonesia
- Parliament of New Zealand
- Central Electricity Authority - India
- Meenaskhi Energy Private Limited - India
- New Zealand Coal & Carbon
- Indian Oil Corporation Limited
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PNOC Exploration Corporation - Philippines
- Leighton Contractors Pty Ltd - Australia
- Altura Mining Limited, Indonesia
- Australian Coal Association
- Latin American Coal - Colombia
- Bangladesh Power Developement Board
- Power Finance Corporation Ltd., India
- ICICI Bank Limited - India
- Africa Commodities Group - South Africa
- Bharathi Cement Corporation - India
- Thiess Contractors Indonesia
- Kartika Selabumi Mining - Indonesia
- Price Waterhouse Coopers - Russia
- SN Aboitiz Power Inc, Philippines
- The State Trading Corporation of India Ltd
- Bhushan Steel Limited - India
- Mercator Lines Limited - India
- LBH Netherlands Bv - Netherlands
- Samtan Co., Ltd - South Korea
- Rio Tinto Coal - Australia
- Miang Besar Coal Terminal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- South Luzon Thermal Energy Corporation
- Savvy Resources Ltd - HongKong
- Salva Resources Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Merrill Lynch Commodities Europe
- VISA Power Limited - India
- Kapuas Tunggal Persada - Indonesia
- Sojitz Corporation - Japan
- Jindal Steel & Power Ltd - India
- Commonwealth Bank - Australia
- Gujarat Sidhee Cement - India
- MS Steel International - UAE
- Offshore Bulk Terminal Pte Ltd, Singapore
- Binh Thuan Hamico - Vietnam
- Iligan Light & Power Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Kalimantan Lumbung Energi - Indonesia
- Maheswari Brothers Coal Limited - India
- Metalloyd Limited - United Kingdom
- Indonesian Coal Mining Association
- Vijayanagar Sugar Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Vedanta Resources Plc - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sinarmas Energy and Mining - Indonesia
- Semirara Mining Corp, Philippines
- Coastal Gujarat Power Limited - India
- Alfred C Toepfer International GmbH - Germany
- Siam City Cement PLC, Thailand
- GMR Energy Limited - India
- Pendopo Energi Batubara - Indonesia
- Thai Mozambique Logistica
- GVK Power & Infra Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Videocon Industries ltd - India
- Sical Logistics Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Global Business Power Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Petron Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Agrawal Coal Company - India
- Bulk Trading Sa - Switzerland
- Ind-Barath Power Infra Limited - India
- Edison Trading Spa - Italy
- Directorate Of Revenue Intelligence - India
- Indogreen Group - Indonesia
- Energy Development Corp, Philippines
- CNBM International Corporation - China
- Vizag Seaport Private Limited - India
- Trasteel International SA, Italy
- OPG Power Generation Pvt Ltd - India
- Standard Chartered Bank - UAE
- Lanco Infratech Ltd - India
- International Coal Ventures Pvt Ltd - India
- Australian Commodity Traders Exchange
- Electricity Generating Authority of Thailand
- Kepco SPC Power Corporation, Philippines
- Carbofer General Trading SA - India
- London Commodity Brokers - England
- Kideco Jaya Agung - Indonesia
- IHS Mccloskey Coal Group - USA
- European Bulk Services B.V. - Netherlands
- Mjunction Services Limited - India
- Rashtriya Ispat Nigam Limited - India
- Renaissance Capital - South Africa
- Bayan Resources Tbk. - Indonesia
- Ministry of Finance - Indonesia
- Minerals Council of Australia
- Xindia Steels Limited - India
- IEA Clean Coal Centre - UK
- Banpu Public Company Limited - Thailand
- Aditya Birla Group - India
- Kobexindo Tractors - Indoneisa
- Chettinad Cement Corporation Ltd - India
- AsiaOL BioFuels Corp., Philippines
- ASAPP Information Group - India
- Deloitte Consulting - India
- Parry Sugars Refinery, India
- Holcim Trading Pte Ltd - Singapore
- Bukit Baiduri Energy - Indonesia
- Essar Steel Hazira Ltd - India
- Indian Energy Exchange, India
- Aboitiz Power Corporation - Philippines
- Jaiprakash Power Ventures ltd
- Cement Manufacturers Association - India
- Timah Investasi Mineral - Indoneisa
- Attock Cement Pakistan Limited
- Coalindo Energy - Indonesia
- PTC India Limited - India
- Romanian Commodities Exchange
- Globalindo Alam Lestari - Indonesia
- Wood Mackenzie - Singapore
- Tamil Nadu electricity Board
- Meralco Power Generation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
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