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Friday, 30 December 11
CENTRAL GOVERNMENT SHOULD ISSUE PERMITS - THE JAKARTA POST
 The Jakarta Post reported that, business associations from both the palm oil and mining sectors have suggested that the central government should reclaim the authority to issue operating permits to private companies.
The associations said that confusion occurred under the current arrangements and this led to conflict between companies and locals.
The Indonesian Mining Association (IMA) called on the government to review the 2009 Minerals and Coal Law because it granted “exclusive authority” to local governments in managing natural resources in regions as well as issuing operating permits to companies.
“The 2009 Minerals and Coal Law contradicts Article 33 of the 1945 Constitution which stipulates that the central government manages the country’s natural resources for the greater good of the people,” IMA executive director Syahrir A.B. told The Jakarta Post on Thursday.
Article 37 of the Mineral and Coal Law stipulates that permits for mining activities are to be issued by regents or mayors of areas where mining activities take place. It also stipulates that permits can be issued by governors or the minister under certain circumstances where mining areas cross different jurisdictions or provinces.
“However, the government must first prioritize the evaluation of all mining activities, as well as oil palm plantations, to check whether the operating permits were obtained through dubious processes,” said Syahrir, adding that the government should also involve the Corruption Eradication Commission (KPK) to “check alleged corrupt practices involving local officials in the issuance of operating permits”.
Syahrir said that the 2009 law was responsible for inciting local conflicts involving mining companies, including the incident in Bima, West Nusa Tenggara, involving gold mining company PT Sumber Mineral Nusantara (SMN).
Two people were killed at Sape Seaport in Bima, West Nusa Tenggara, on Dec. 24 when members of the Police Mobile Brigade made efforts to disperse a crowd rallying against the future mining activities of SMN, citing environmental concerns.
Police forensic scientists have found that the victims were shot from a close range and now the police are investigating dozens of officers deployed to the scene to look into possible violations of standard operating procedures in crowd
control.
Ninety-five percent of SMN’s shares are owned by Australian Arc Exploration Limited, whose director, George Tahija, is also a commissioner of PT Freeport Indonesia, one of IMA’s 41 members.
The Indonesian Palm Oil Producers Association (GAPKI) also said that it supported “clean and clear” administrative processes involved in the issuance of operating permits for palm oil companies.
“Nothing will go wrong if companies abide by legal administrative processes. That’s why it’s very important for companies to meet all legal standards to prevent possible conflicts” GAPKI executive director Fadhil Hasan said on Thursday.
Fadhil, however, said that companies should not take all the blame when conflicts occurred with local communities.
He said that preventing conflict involved “a three-way communication” between companies and the people, and between the government and the people.
For this reason, Fadhil said that PT Sumber Wangi Alam (SWA), one of Gapki’s 400 members, should not be regarded as the only culprit in the Mesuji conflict in Lampung and South Sumatra region.
“SWA has told us their side of the story, which is completely different from what has been written in the media. Let the fact-finding team investigate what really happened there,” he said. (msa)
Source: The Jakarta Post
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Saturday, 17 December 11
THE FREIGHT MARKET SEEMS TO HAVE ALMOST BOTTOMED OUT AND MAY REMAIN STEADY AT THESE LEVELS CAPT REDDY
COALspot.com - The BDI and Cape index closed lower this week with BDI closing at 1,888 points (down by 1.76 pct) and Cape index at 3,572 points (dow ...
Friday, 16 December 11
DRY BULK MARKET LOSES TRACK ON CAPESIZE LOSSES, SHIP FINANCING REMAINS TROUBLESOME - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market didn’t manage to sustain earlier gains, losing track yesterday, on reduced Capesize demand and persisting troubles in smal ...
Thursday, 15 December 11
BERAU SEES INDIA AS POTENTIAL MARKET FOR LOW-CALORIE COAL - THE JAKARTA POST
The Jakarta Post reported that, Publicly listed coal mining company PT Berau Coal Energy (BRAU), the fifth largest coal producer in Indonesia, sees ...
Thursday, 15 December 11
PANAMAX HARDLY AFFECTED BY THE RECENT FIRMER TENDENCY FOR THE BIG SISTERS - FEARNBULK
Handy
The rates are more or less the same as last week. Continent/US Gulf fixing at tick below USD 10k and Gulf/Continent levels at USD 25k. Trips ...
Thursday, 15 December 11
DRY BULK RATES TO REMAIN AT CURRENT LEVELS FOR THE MOST PART IN THE COMING MONTHS SAYS BIMCO - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In its latest research note, BIMCO said that the Capesize Time Charter Average will remain at USD 20,000-30,000 per day but the tonnage oversupply w ...
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Showing 4926 to 4930 news of total 6871 |
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- Bank of Tokyo Mitsubishi UFJ Ltd
- Neyveli Lignite Corporation Ltd, - India
- Eastern Energy - Thailand
- Heidelberg Cement - Germany
- Lanco Infratech Ltd - India
- Parliament of New Zealand
- Grasim Industreis Ltd - India
- Medco Energi Mining Internasional
- Sical Logistics Limited - India
- Renaissance Capital - South Africa
- Directorate General of MIneral and Coal - Indonesia
- Directorate Of Revenue Intelligence - India
- SN Aboitiz Power Inc, Philippines
- Xindia Steels Limited - India
- Vizag Seaport Private Limited - India
- Sindya Power Generating Company Private Ltd
- Banpu Public Company Limited - Thailand
- Rashtriya Ispat Nigam Limited - India
- Ministry of Mines - Canada
- Eastern Coal Council - USA
- Cement Manufacturers Association - India
- Central Electricity Authority - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sakthi Sugars Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Georgia Ports Authority, United States
- Power Finance Corporation Ltd., India
- Semirara Mining and Power Corporation, Philippines
- Global Business Power Corporation, Philippines
- Indika Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- CIMB Investment Bank - Malaysia
- Miang Besar Coal Terminal - Indonesia
- Commonwealth Bank - Australia
- Ind-Barath Power Infra Limited - India
- Gujarat Sidhee Cement - India
- India Bulls Power Limited - India
- Aditya Birla Group - India
- Global Green Power PLC Corporation, Philippines
- Wilmar Investment Holdings
- Coal and Oil Company - UAE
- Dalmia Cement Bharat India
- Agrawal Coal Company - India
- Chamber of Mines of South Africa
- Manunggal Multi Energi - Indonesia
- Ministry of Finance - Indonesia
- ASAPP Information Group - India
- Tata Chemicals Ltd - India
- Goldman Sachs - Singapore
- Mercuria Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Formosa Plastics Group - Taiwan
- Cigading International Bulk Terminal - Indonesia
- SMG Consultants - Indonesia
- Salva Resources Pvt Ltd - India
- Energy Development Corp, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Videocon Industries ltd - India
- Coastal Gujarat Power Limited - India
- European Bulk Services B.V. - Netherlands
- Indogreen Group - Indonesia
- Bhushan Steel Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Krishnapatnam Port Company Ltd. - India
- Independent Power Producers Association of India
- Economic Council, Georgia
- Deloitte Consulting - India
- The State Trading Corporation of India Ltd
- Altura Mining Limited, Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Chettinad Cement Corporation Ltd - India
- Sree Jayajothi Cements Limited - India
- Ambuja Cements Ltd - India
- Kumho Petrochemical, South Korea
- Port Waratah Coal Services - Australia
- Electricity Authority, New Zealand
- Jindal Steel & Power Ltd - India
- Malabar Cements Ltd - India
- Bulk Trading Sa - Switzerland
- Bukit Makmur.PT - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Australian Commodity Traders Exchange
- Meenaskhi Energy Private Limited - India
- Sarangani Energy Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Romanian Commodities Exchange
- Savvy Resources Ltd - HongKong
- Siam City Cement - Thailand
- Posco Energy - South Korea
- Thai Mozambique Logistica
- OPG Power Generation Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Mercator Lines Limited - India
- Latin American Coal - Colombia
- Bukit Asam (Persero) Tbk - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Australian Coal Association
- South Luzon Thermal Energy Corporation
- IEA Clean Coal Centre - UK
- Bhatia International Limited - India
- PowerSource Philippines DevCo
- Aboitiz Power Corporation - Philippines
- Orica Mining Services - Indonesia
- Uttam Galva Steels Limited - India
- Petron Corporation, Philippines
- McConnell Dowell - Australia
- Coalindo Energy - Indonesia
- Meralco Power Generation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- IHS Mccloskey Coal Group - USA
- AsiaOL BioFuels Corp., Philippines
- Marubeni Corporation - India
- Africa Commodities Group - South Africa
- ICICI Bank Limited - India
- Intertek Mineral Services - Indonesia
- Tamil Nadu electricity Board
- GMR Energy Limited - India
- New Zealand Coal & Carbon
- Kartika Selabumi Mining - Indonesia
- Anglo American - United Kingdom
- Thiess Contractors Indonesia
- Orica Australia Pty. Ltd.
- Jaiprakash Power Ventures ltd
- Standard Chartered Bank - UAE
- Essar Steel Hazira Ltd - India
- VISA Power Limited - India
- Oldendorff Carriers - Singapore
- Alfred C Toepfer International GmbH - Germany
- Wood Mackenzie - Singapore
- PTC India Limited - India
- Binh Thuan Hamico - Vietnam
- Barasentosa Lestari - Indonesia
- Therma Luzon, Inc, Philippines
- Indian Energy Exchange, India
- Antam Resourcindo - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Attock Cement Pakistan Limited
- Central Java Power - Indonesia
- CNBM International Corporation - China
- Leighton Contractors Pty Ltd - Australia
- Semirara Mining Corp, Philippines
- Metalloyd Limited - United Kingdom
- Rio Tinto Coal - Australia
- Sojitz Corporation - Japan
- GN Power Mariveles Coal Plant, Philippines
- Interocean Group of Companies - India
- The University of Queensland
- Bangladesh Power Developement Board
- Edison Trading Spa - Italy
- Petrochimia International Co. Ltd.- Taiwan
- Maheswari Brothers Coal Limited - India
- PNOC Exploration Corporation - Philippines
- Ceylon Electricity Board - Sri Lanka
- TeaM Sual Corporation - Philippines
- Minerals Council of Australia
- Kideco Jaya Agung - Indonesia
- Straits Asia Resources Limited - Singapore
- International Coal Ventures Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Carbofer General Trading SA - India
- Indo Tambangraya Megah - Indonesia
- Borneo Indobara - Indonesia
- San Jose City I Power Corp, Philippines
- Bukit Baiduri Energy - Indonesia
- Merrill Lynch Commodities Europe
- Gujarat Electricity Regulatory Commission - India
- Mintek Dendrill Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Madhucon Powers Ltd - India
- Toyota Tsusho Corporation, Japan
- GAC Shipping (India) Pvt Ltd
- Timah Investasi Mineral - Indoneisa
- Sinarmas Energy and Mining - Indonesia
- Globalindo Alam Lestari - Indonesia
- Bayan Resources Tbk. - Indonesia
- Parry Sugars Refinery, India
- SMC Global Power, Philippines
- Holcim Trading Pte Ltd - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indian Oil Corporation Limited
- London Commodity Brokers - England
- Energy Link Ltd, New Zealand
- GVK Power & Infra Limited - India
- Karaikal Port Pvt Ltd - India
- Bharathi Cement Corporation - India
- Kaltim Prima Coal - Indonesia
- Baramulti Group, Indonesia
- The Treasury - Australian Government
- Simpson Spence & Young - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Trasteel International SA, Italy
- Samtan Co., Ltd - South Korea
- Star Paper Mills Limited - India
- MS Steel International - UAE
- Maharashtra Electricity Regulatory Commission - India
- Larsen & Toubro Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Global Coal Blending Company Limited - Australia
- Kepco SPC Power Corporation, Philippines
- Electricity Generating Authority of Thailand
- Siam City Cement PLC, Thailand
- Makarim & Taira - Indonesia
- Iligan Light & Power Inc, Philippines
- White Energy Company Limited
- Planning Commission, India
- Vedanta Resources Plc - India
- Pendopo Energi Batubara - Indonesia
- Riau Bara Harum - Indonesia
- Bhoruka Overseas - Indonesia
- Indonesian Coal Mining Association
- Mjunction Services Limited - India
- Kobexindo Tractors - Indoneisa
- Ministry of Transport, Egypt
- Singapore Mercantile Exchange
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