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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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Thursday, 14 March 13
DRY BULK MARKET KEEPS ON RISING MOMENTUM - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market has maintained its rising momentum, on the back of increased cargo availability. According to yesterday's figures, the industry ...
Thursday, 14 March 13
SHIPPERS AND CARRIERS NEED GREATER COMMUNICATION AND MUTUAL UNDERSTANDING
Press Release – Shippers and shipping lines both need to raise their game if global container supply chains are not to be habitually subject t ...
Wednesday, 13 March 13
NEWBUILDING PRICES EXHIBIT NO FALL IN PAST SIX MONTHS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Despite the fact that oversupply has been the key plague of the shipping markets in recent years and newbuilding ordering activity has receded subst ...
Tuesday, 12 March 13
COAL MINING PRIVATIZATION IN INDIA: MUST - SUNIL K KUMBHAT
COALspot.com - India has the one of the richest coal reserves in the world and the country should have shown significant progress and gained the pos ...
Tuesday, 12 March 13
NEWCASTLE PORT SHIPPED 2.47 MILLION TONS OF COAL W/E 11 MARCH 2013
COALspot.com - Newcastle port in Australia has loaded 2,471,080 MT of thermal and coking coal for week ended 0700 hours 11 March 2013, Newcast ...
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- MS Steel International - UAE
- Bulk Trading Sa - Switzerland
- Eastern Coal Council - USA
- Siam City Cement - Thailand
- London Commodity Brokers - England
- Rashtriya Ispat Nigam Limited - India
- Global Coal Blending Company Limited - Australia
- India Bulls Power Limited - India
- Borneo Indobara - Indonesia
- Binh Thuan Hamico - Vietnam
- Central Java Power - Indonesia
- Savvy Resources Ltd - HongKong
- Heidelberg Cement - Germany
- Jaiprakash Power Ventures ltd
- Thai Mozambique Logistica
- Maharashtra Electricity Regulatory Commission - India
- Therma Luzon, Inc, Philippines
- Ministry of Finance - Indonesia
- Australian Commodity Traders Exchange
- Interocean Group of Companies - India
- ASAPP Information Group - India
- Mjunction Services Limited - India
- Makarim & Taira - Indonesia
- Kaltim Prima Coal - Indonesia
- Global Business Power Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Dalmia Cement Bharat India
- Bukit Makmur.PT - Indonesia
- Edison Trading Spa - Italy
- Mintek Dendrill Indonesia
- Energy Link Ltd, New Zealand
- Ministry of Transport, Egypt
- Indonesian Coal Mining Association
- Metalloyd Limited - United Kingdom
- Pendopo Energi Batubara - Indonesia
- Essar Steel Hazira Ltd - India
- Malabar Cements Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Altura Mining Limited, Indonesia
- White Energy Company Limited
- Energy Development Corp, Philippines
- Cement Manufacturers Association - India
- Madhucon Powers Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Africa Commodities Group - South Africa
- Minerals Council of Australia
- Power Finance Corporation Ltd., India
- Sinarmas Energy and Mining - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Grasim Industreis Ltd - India
- Planning Commission, India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bukit Baiduri Energy - Indonesia
- Directorate Of Revenue Intelligence - India
- Independent Power Producers Association of India
- Gujarat Electricity Regulatory Commission - India
- Agrawal Coal Company - India
- Holcim Trading Pte Ltd - Singapore
- Standard Chartered Bank - UAE
- Sarangani Energy Corporation, Philippines
- PetroVietnam Power Coal Import and Supply Company
- TNB Fuel Sdn Bhd - Malaysia
- Deloitte Consulting - India
- Attock Cement Pakistan Limited
- Chamber of Mines of South Africa
- Ministry of Mines - Canada
- Sree Jayajothi Cements Limited - India
- Neyveli Lignite Corporation Ltd, - India
- PTC India Limited - India
- Semirara Mining Corp, Philippines
- CIMB Investment Bank - Malaysia
- SMC Global Power, Philippines
- AsiaOL BioFuels Corp., Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- SMG Consultants - Indonesia
- Posco Energy - South Korea
- Gujarat Sidhee Cement - India
- Videocon Industries ltd - India
- Marubeni Corporation - India
- South Luzon Thermal Energy Corporation
- ICICI Bank Limited - India
- Sakthi Sugars Limited - India
- Global Green Power PLC Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Antam Resourcindo - Indonesia
- GVK Power & Infra Limited - India
- Wood Mackenzie - Singapore
- TeaM Sual Corporation - Philippines
- Jorong Barutama Greston.PT - Indonesia
- Intertek Mineral Services - Indonesia
- Anglo American - United Kingdom
- Kapuas Tunggal Persada - Indonesia
- San Jose City I Power Corp, Philippines
- Xindia Steels Limited - India
- Trasteel International SA, Italy
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Price Waterhouse Coopers - Russia
- Sindya Power Generating Company Private Ltd
- Carbofer General Trading SA - India
- Bharathi Cement Corporation - India
- Asmin Koalindo Tuhup - Indonesia
- Central Electricity Authority - India
- Wilmar Investment Holdings
- Bank of Tokyo Mitsubishi UFJ Ltd
- Eastern Energy - Thailand
- Bhatia International Limited - India
- Sojitz Corporation - Japan
- McConnell Dowell - Australia
- Maheswari Brothers Coal Limited - India
- Medco Energi Mining Internasional
- Cigading International Bulk Terminal - Indonesia
- Indogreen Group - Indonesia
- Jindal Steel & Power Ltd - India
- Bhushan Steel Limited - India
- Miang Besar Coal Terminal - Indonesia
- Renaissance Capital - South Africa
- Kohat Cement Company Ltd. - Pakistan
- OPG Power Generation Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Baramulti Group, Indonesia
- Aditya Birla Group - India
- Singapore Mercantile Exchange
- Petrochimia International Co. Ltd.- Taiwan
- Rio Tinto Coal - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Georgia Ports Authority, United States
- Kumho Petrochemical, South Korea
- The State Trading Corporation of India Ltd
- Vedanta Resources Plc - India
- PowerSource Philippines DevCo
- Kobexindo Tractors - Indoneisa
- Meenaskhi Energy Private Limited - India
- Orica Australia Pty. Ltd.
- Riau Bara Harum - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Petron Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- IEA Clean Coal Centre - UK
- Economic Council, Georgia
- GN Power Mariveles Coal Plant, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Aboitiz Power Corporation - Philippines
- Oldendorff Carriers - Singapore
- The Treasury - Australian Government
- Parliament of New Zealand
- Tamil Nadu electricity Board
- SN Aboitiz Power Inc, Philippines
- Commonwealth Bank - Australia
- Mercuria Energy - Indonesia
- Latin American Coal - Colombia
- Karaikal Port Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indo Tambangraya Megah - Indonesia
- International Coal Ventures Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- The University of Queensland
- Kalimantan Lumbung Energi - Indonesia
- Coastal Gujarat Power Limited - India
- Lanco Infratech Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Romanian Commodities Exchange
- Bangladesh Power Developement Board
- Ambuja Cements Ltd - India
- Iligan Light & Power Inc, Philippines
- GMR Energy Limited - India
- Simpson Spence & Young - Indonesia
- Thiess Contractors Indonesia
- PNOC Exploration Corporation - Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- New Zealand Coal & Carbon
- Barasentosa Lestari - Indonesia
- Coalindo Energy - Indonesia
- Sical Logistics Limited - India
- Vizag Seaport Private Limited - India
- GAC Shipping (India) Pvt Ltd
- Straits Asia Resources Limited - Singapore
- Mercator Lines Limited - India
- Larsen & Toubro Limited - India
- Tata Chemicals Ltd - India
- Electricity Authority, New Zealand
- Kartika Selabumi Mining - Indonesia
- Salva Resources Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Indika Energy - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Goldman Sachs - Singapore
- Indian Energy Exchange, India
- Uttam Galva Steels Limited - India
- Parry Sugars Refinery, India
- Billiton Holdings Pty Ltd - Australia
- Globalindo Alam Lestari - Indonesia
- Bayan Resources Tbk. - Indonesia
- Manunggal Multi Energi - Indonesia
- Timah Investasi Mineral - Indoneisa
- CNBM International Corporation - China
- Merrill Lynch Commodities Europe
- Star Paper Mills Limited - India
- IHS Mccloskey Coal Group - USA
- LBH Netherlands Bv - Netherlands
- Port Waratah Coal Services - Australia
- Directorate General of MIneral and Coal - Indonesia
- Orica Mining Services - Indonesia
- Banpu Public Company Limited - Thailand
- Ind-Barath Power Infra Limited - India
- VISA Power Limited - India
- Coal and Oil Company - UAE
- Formosa Plastics Group - Taiwan
- Bhoruka Overseas - Indonesia
- Samtan Co., Ltd - South Korea
- Meralco Power Generation, Philippines
- Kideco Jaya Agung - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Australian Coal Association
- Electricity Generating Authority of Thailand
- Indian Oil Corporation Limited
- Chettinad Cement Corporation Ltd - India
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