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Thursday, 28 February 13
INDIA HAS INCREASED CUSTOMS DUTY AND COUNTERVAILING DUTY FOR POWER PLANT COAL
COALspot.com : The government of India raised basic customs duty and countervailing duty on steam coal. In the meantime government has reduced custom and countervailing duty on Bituminous coal.
Finance Minister of India in his budget speech today, announced a hike in the basic customs duty on steam coal from present Zero to two percent and CVD from one per cent to two per cent. Steam coal also known as thermal coal or power plant coal is mainly used in power generation.
Recently Indian customs officers defined coal with Volatile Matter over 14 percent and calorific value over 5833 kcal/kg on moisture, mineral matter free (DMMF) basis as "Bituminous Coal".
"Prior to today’s announcement, steam coal is exempt from customs duty but subject to one percent concessional CVD. In the meantime, Bituminous coal attracts a duty of 5 per cent and CVD of 6 per cent. The government has equalized the duties on both type of coal and levy two per cent customs duty and two per cent CVD.
According to Media reports, India has imported around 30 million tons of bituminous coal last year against around 50 million tons of steam coal.
"Coal from Indonesian origin has special tax treatment In India. Hence importers of Indonesian coal will not affect significantly by above increase," a coal importer from India said.
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Friday, 03 May 13
SHIP OWNERS ARE INVESTING HEAVILY IN DRY BULK CARRIER NEWBUILDINGS ONCE MORE: IS THERE ANY RATIONALE? - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Despite the fact that the dry bulk market remains heavily oversupplied and just as the orderbook of newbuildings had began to shrink, it seems that sh ...
Wednesday, 01 May 13
NEWCASTLE PORT SHIPPED 23.14 PER CENT MORE COAL WEEK ON WEEK
COALspot.com - Newcastle port in Australia has loaded 2,997,729 tons of thermal and coking coal for week ended 0700 hours 29 April 2013, Newca ...
Tuesday, 30 April 13
KATINGAN RIA THERMAL COAL TO START PRODUCTION FROM EARLY 2014
COALspot.com - Realm Resources Ltd. (ASX: RRP) has announced the completion of the Feasibility Study for its 51% owned Katingan Ria thermal co ...
Monday, 29 April 13
FIRST TRADES OF SGX API 8 CFR SOUTH CHINA COAL SWAP
COALspot.com - The SGX API 8 CFR South China Coal Swap went live for clearing on SGX-DC today with a total volume of 25,000 metric tonnes (25 lots). ...
Sunday, 28 April 13
SUB BIT INDONESIA COAL & CFR SOUTH CHINA COAL SWAPS STAY POSITIVE
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average May 2013 delivery has gained 0.34 percent and CFR South China coal shipment gai ...
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- SMG Consultants - Indonesia
- IHS Mccloskey Coal Group - USA
- Bahari Cakrawala Sebuku - Indonesia
- Bukit Baiduri Energy - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Intertek Mineral Services - Indonesia
- Bharathi Cement Corporation - India
- Cement Manufacturers Association - India
- Gujarat Electricity Regulatory Commission - India
- Ministry of Mines - Canada
- Manunggal Multi Energi - Indonesia
- Power Finance Corporation Ltd., India
- Alfred C Toepfer International GmbH - Germany
- Africa Commodities Group - South Africa
- Mercuria Energy - Indonesia
- Global Business Power Corporation, Philippines
- Ministry of Transport, Egypt
- San Jose City I Power Corp, Philippines
- Mintek Dendrill Indonesia
- Siam City Cement PLC, Thailand
- Therma Luzon, Inc, Philippines
- Agrawal Coal Company - India
- Aditya Birla Group - India
- PetroVietnam Power Coal Import and Supply Company
- Electricity Generating Authority of Thailand
- Simpson Spence & Young - Indonesia
- Energy Development Corp, Philippines
- Salva Resources Pvt Ltd - India
- Central Electricity Authority - India
- Xindia Steels Limited - India
- London Commodity Brokers - England
- The State Trading Corporation of India Ltd
- SMC Global Power, Philippines
- Aboitiz Power Corporation - Philippines
- Sakthi Sugars Limited - India
- Attock Cement Pakistan Limited
- GMR Energy Limited - India
- Sree Jayajothi Cements Limited - India
- Port Waratah Coal Services - Australia
- Billiton Holdings Pty Ltd - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Sical Logistics Limited - India
- Wood Mackenzie - Singapore
- Chettinad Cement Corporation Ltd - India
- Orica Australia Pty. Ltd.
- Neyveli Lignite Corporation Ltd, - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Edison Trading Spa - Italy
- Antam Resourcindo - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- New Zealand Coal & Carbon
- Ambuja Cements Ltd - India
- Eastern Energy - Thailand
- Coastal Gujarat Power Limited - India
- Heidelberg Cement - Germany
- Baramulti Group, Indonesia
- Energy Link Ltd, New Zealand
- PTC India Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Marubeni Corporation - India
- Semirara Mining and Power Corporation, Philippines
- Medco Energi Mining Internasional
- Tamil Nadu electricity Board
- South Luzon Thermal Energy Corporation
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Altura Mining Limited, Indonesia
- Larsen & Toubro Limited - India
- Kobexindo Tractors - Indoneisa
- Uttam Galva Steels Limited - India
- Maheswari Brothers Coal Limited - India
- Makarim & Taira - Indonesia
- Kumho Petrochemical, South Korea
- Coal and Oil Company - UAE
- Vedanta Resources Plc - India
- Meenaskhi Energy Private Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Indonesian Coal Mining Association
- Essar Steel Hazira Ltd - India
- Straits Asia Resources Limited - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Standard Chartered Bank - UAE
- PowerSource Philippines DevCo
- Tata Chemicals Ltd - India
- Rio Tinto Coal - Australia
- Planning Commission, India
- Global Coal Blending Company Limited - Australia
- Minerals Council of Australia
- Singapore Mercantile Exchange
- Krishnapatnam Port Company Ltd. - India
- The Treasury - Australian Government
- Ministry of Finance - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Merrill Lynch Commodities Europe
- Deloitte Consulting - India
- Kideco Jaya Agung - Indonesia
- Renaissance Capital - South Africa
- McConnell Dowell - Australia
- Timah Investasi Mineral - Indoneisa
- Kepco SPC Power Corporation, Philippines
- Chamber of Mines of South Africa
- Samtan Co., Ltd - South Korea
- Madhucon Powers Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Australian Commodity Traders Exchange
- Sindya Power Generating Company Private Ltd
- International Coal Ventures Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Semirara Mining Corp, Philippines
- Globalindo Alam Lestari - Indonesia
- Kaltim Prima Coal - Indonesia
- Electricity Authority, New Zealand
- Kalimantan Lumbung Energi - Indonesia
- Posco Energy - South Korea
- GVK Power & Infra Limited - India
- Bayan Resources Tbk. - Indonesia
- Karaikal Port Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Kohat Cement Company Ltd. - Pakistan
- GAC Shipping (India) Pvt Ltd
- Australian Coal Association
- VISA Power Limited - India
- Directorate Of Revenue Intelligence - India
- Parry Sugars Refinery, India
- Banpu Public Company Limited - Thailand
- Global Green Power PLC Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Orica Mining Services - Indonesia
- European Bulk Services B.V. - Netherlands
- Lanco Infratech Ltd - India
- Jaiprakash Power Ventures ltd
- Romanian Commodities Exchange
- Georgia Ports Authority, United States
- Sarangani Energy Corporation, Philippines
- Anglo American - United Kingdom
- Malabar Cements Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Directorate General of MIneral and Coal - Indonesia
- OPG Power Generation Pvt Ltd - India
- Central Java Power - Indonesia
- Bhoruka Overseas - Indonesia
- Bangladesh Power Developement Board
- Eastern Coal Council - USA
- Bukit Makmur.PT - Indonesia
- Kartika Selabumi Mining - Indonesia
- Leighton Contractors Pty Ltd - Australia
- ASAPP Information Group - India
- Vijayanagar Sugar Pvt Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Cigading International Bulk Terminal - Indonesia
- Sojitz Corporation - Japan
- AsiaOL BioFuels Corp., Philippines
- Carbofer General Trading SA - India
- Petron Corporation, Philippines
- Videocon Industries ltd - India
- Jindal Steel & Power Ltd - India
- LBH Netherlands Bv - Netherlands
- Offshore Bulk Terminal Pte Ltd, Singapore
- Formosa Plastics Group - Taiwan
- Mjunction Services Limited - India
- Vizag Seaport Private Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bhatia International Limited - India
- CNBM International Corporation - China
- Binh Thuan Hamico - Vietnam
- CIMB Investment Bank - Malaysia
- Holcim Trading Pte Ltd - Singapore
- Iligan Light & Power Inc, Philippines
- Indian Energy Exchange, India
- Ind-Barath Power Infra Limited - India
- The University of Queensland
- Dalmia Cement Bharat India
- Borneo Indobara - Indonesia
- Latin American Coal - Colombia
- Grasim Industreis Ltd - India
- ICICI Bank Limited - India
- Indika Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Indogreen Group - Indonesia
- India Bulls Power Limited - India
- Interocean Group of Companies - India
- IEA Clean Coal Centre - UK
- Barasentosa Lestari - Indonesia
- MS Steel International - UAE
- Gujarat Sidhee Cement - India
- Independent Power Producers Association of India
- Indo Tambangraya Megah - Indonesia
- Economic Council, Georgia
- Star Paper Mills Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indian Oil Corporation Limited
- Thai Mozambique Logistica
- TeaM Sual Corporation - Philippines
- Meralco Power Generation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Pendopo Energi Batubara - Indonesia
- Siam City Cement - Thailand
- Metalloyd Limited - United Kingdom
- Goldman Sachs - Singapore
- Maharashtra Electricity Regulatory Commission - India
- White Energy Company Limited
- Toyota Tsusho Corporation, Japan
- Commonwealth Bank - Australia
- Wilmar Investment Holdings
- Riau Bara Harum - Indonesia
- Coalindo Energy - Indonesia
- Price Waterhouse Coopers - Russia
- Trasteel International SA, Italy
- PNOC Exploration Corporation - Philippines
- Parliament of New Zealand
- Bhushan Steel Limited - India
- SN Aboitiz Power Inc, Philippines
- Mercator Lines Limited - India
- Thiess Contractors Indonesia
- Miang Besar Coal Terminal - Indonesia
- Oldendorff Carriers - Singapore
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