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Monday, 09 June 14
GOVT GETS TOUGH ON ILLEGAL MINING, SUSPENDS LICENSES - THE JAKARTA POST
 The government has temporarily suspended the licenses of 62 mineral and coal transportation companies as part of its efforts to curb illegal mining activities, the jakarta post has reported.
The transportation companies were given 30 days to report the source of their products and to where they were destined. Otherwise, the licenses will fully be revoked.
The 62 companies were some of the 78 firms that had been given third warning letters for their failure to report their activities. Some 136 other companies were issued first and second warning letters.
“I’m worried that the goods are from illegal mining, which is why they are not wanting to report [their activities] to us. We have set a 30-day deadline for the reports or we will revoke their licenses,” said Energy and Mineral Resources Ministry director general for mineral and coal Sukhyar.
There are currently around 750 mineral and coal transportation license holders.
The output of many ores have declined after the ban on the export of unprocessed minerals, which started on Jan. 12.
Meanwhile, according to figures from the Energy and Mineral Resources Ministry’s mineral and coal directorate, coal production reached 110 million tons in the first three months of the year, increasing roughly 4.5 percent compared to 105 million tons in the same period last year.
The ministry is expecting flat growth of coal output this year at 421 million tons, similar to last year’s growth. However, industry players are predicting that the output will be higher due to growing demand, including from Japan, which recently shut down its nuclear power plants.
Moreover, illegal coal mining activities will continue to flood the global market, the deputy chairman of the Indonesian Coal Mining Association, Herman Kasih, has said.
Based on the association’s study, illegal mining activities stole 56 million tons of coals in 2012, contributing to a prolonged oversupply in the global market.
As part of attempts to minimize illegal coal activities, Sukhyar said late last month that his office mulled limiting coal trading to 14 dedicated ports in Sumatra and Kalimantan, where most coal mining takes place.
Meanwhile, coal association chairman Bob Kamandanu, late last week agreed that the plan to establish dedicated terminals for coal trading would be a good idea.
“However, the terminals cannot be too far from the mining areas, as that would make it uneconomic,” Bob said.
He added that the terminals would have to accommodate around 40 million tons and be complete with supporting facilities, such as customs offices, so that companies would be willing to use them.
Source: The Jakarta Post
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Sunday, 20 July 14
THE FREIGHT MARKET CONTINUED ITS DOWNWARD TREND
COALspot.com: The market continued its downward trend this week as all segments were down compared to last week. The Cape and Panamax indices being ...
Friday, 18 July 14
3RD CHINA INTERNATIONAL SHALE GAS SUMMIT
Building on the massive success of the past 2 shale gas programs that has generated huge success by attracting 500+ industry players, and intrig ...
Friday, 18 July 14
US WEEKLY COAL PRODUCTION UP BY 1.4% TO 18.3 MMST
COALspot.com – United States the world's second largest coal producer, produced approximately 18.3 million short tons (mmst) of coal in a ...
Thursday, 17 July 14
PANAMAX : MARKET HAS COOLED DOWN AGAIN TO LOW AND DEPRESSED LEVELS
Handy
The supra market remains pretty flat in the Atlantic while for the smaller sizes there has been little reported with ships chasing business ...
Thursday, 17 July 14
INDIAN GOVERNMENT WISE TO TAKE ADVANTAGE OF CURRENTLY LOW THERMAL COAL PRICES AND SHIPPING RATES - JEFFREY LANDSBERG
With thermal coal import prices (and also shipping rates) very low at present, India's government would be very wise to take advantage of curre ...
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- Billiton Holdings Pty Ltd - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Makarim & Taira - Indonesia
- The University of Queensland
- Mjunction Services Limited - India
- Salva Resources Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Power Finance Corporation Ltd., India
- Singapore Mercantile Exchange
- Bangladesh Power Developement Board
- Xindia Steels Limited - India
- Ministry of Finance - Indonesia
- Iligan Light & Power Inc, Philippines
- Carbofer General Trading SA - India
- The State Trading Corporation of India Ltd
- Anglo American - United Kingdom
- Binh Thuan Hamico - Vietnam
- Gujarat Sidhee Cement - India
- Siam City Cement PLC, Thailand
- PowerSource Philippines DevCo
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bayan Resources Tbk. - Indonesia
- Videocon Industries ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Indo Tambangraya Megah - Indonesia
- Rio Tinto Coal - Australia
- Independent Power Producers Association of India
- Gujarat Mineral Development Corp Ltd - India
- Interocean Group of Companies - India
- The Treasury - Australian Government
- Barasentosa Lestari - Indonesia
- PNOC Exploration Corporation - Philippines
- Directorate General of MIneral and Coal - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Vizag Seaport Private Limited - India
- Sakthi Sugars Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Intertek Mineral Services - Indonesia
- CIMB Investment Bank - Malaysia
- Jaiprakash Power Ventures ltd
- Aboitiz Power Corporation - Philippines
- Mintek Dendrill Indonesia
- Directorate Of Revenue Intelligence - India
- McConnell Dowell - Australia
- Planning Commission, India
- Australian Commodity Traders Exchange
- Simpson Spence & Young - Indonesia
- Parry Sugars Refinery, India
- Riau Bara Harum - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Samtan Co., Ltd - South Korea
- Port Waratah Coal Services - Australia
- OPG Power Generation Pvt Ltd - India
- SMG Consultants - Indonesia
- Africa Commodities Group - South Africa
- Antam Resourcindo - Indonesia
- Bhushan Steel Limited - India
- Medco Energi Mining Internasional
- Sarangani Energy Corporation, Philippines
- Tamil Nadu electricity Board
- AsiaOL BioFuels Corp., Philippines
- Electricity Generating Authority of Thailand
- Siam City Cement - Thailand
- Petrochimia International Co. Ltd.- Taiwan
- LBH Netherlands Bv - Netherlands
- Kapuas Tunggal Persada - Indonesia
- Eastern Energy - Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Georgia Ports Authority, United States
- Minerals Council of Australia
- Ministry of Transport, Egypt
- Bank of Tokyo Mitsubishi UFJ Ltd
- Australian Coal Association
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Meenaskhi Energy Private Limited - India
- Thiess Contractors Indonesia
- Ceylon Electricity Board - Sri Lanka
- Kobexindo Tractors - Indoneisa
- ASAPP Information Group - India
- Maheswari Brothers Coal Limited - India
- Eastern Coal Council - USA
- Toyota Tsusho Corporation, Japan
- Karbindo Abesyapradhi - Indoneisa
- Pipit Mutiara Jaya. PT, Indonesia
- Dalmia Cement Bharat India
- Uttam Galva Steels Limited - India
- Indonesian Coal Mining Association
- Deloitte Consulting - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Tata Chemicals Ltd - India
- Coalindo Energy - Indonesia
- Trasteel International SA, Italy
- Attock Cement Pakistan Limited
- International Coal Ventures Pvt Ltd - India
- Star Paper Mills Limited - India
- Petron Corporation, Philippines
- Latin American Coal - Colombia
- Bhoruka Overseas - Indonesia
- Chamber of Mines of South Africa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- SMC Global Power, Philippines
- Energy Development Corp, Philippines
- Standard Chartered Bank - UAE
- Savvy Resources Ltd - HongKong
- VISA Power Limited - India
- Agrawal Coal Company - India
- London Commodity Brokers - England
- Leighton Contractors Pty Ltd - Australia
- TNB Fuel Sdn Bhd - Malaysia
- India Bulls Power Limited - India
- Borneo Indobara - Indonesia
- Grasim Industreis Ltd - India
- Baramulti Group, Indonesia
- Banpu Public Company Limited - Thailand
- GVK Power & Infra Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- ICICI Bank Limited - India
- MS Steel International - UAE
- Sinarmas Energy and Mining - Indonesia
- Wilmar Investment Holdings
- Orica Mining Services - Indonesia
- Oldendorff Carriers - Singapore
- Wood Mackenzie - Singapore
- Commonwealth Bank - Australia
- Edison Trading Spa - Italy
- Manunggal Multi Energi - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Cigading International Bulk Terminal - Indonesia
- Coal and Oil Company - UAE
- Bukit Baiduri Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- Meralco Power Generation, Philippines
- GAC Shipping (India) Pvt Ltd
- Ambuja Cements Ltd - India
- Sical Logistics Limited - India
- Orica Australia Pty. Ltd.
- Sojitz Corporation - Japan
- South Luzon Thermal Energy Corporation
- Kideco Jaya Agung - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Bhatia International Limited - India
- Vedanta Resources Plc - India
- Kaltim Prima Coal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Karaikal Port Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Therma Luzon, Inc, Philippines
- New Zealand Coal & Carbon
- Essar Steel Hazira Ltd - India
- Global Green Power PLC Corporation, Philippines
- Renaissance Capital - South Africa
- Timah Investasi Mineral - Indoneisa
- Larsen & Toubro Limited - India
- Central Java Power - Indonesia
- Altura Mining Limited, Indonesia
- Indika Energy - Indonesia
- IHS Mccloskey Coal Group - USA
- Globalindo Alam Lestari - Indonesia
- Marubeni Corporation - India
- Gujarat Electricity Regulatory Commission - India
- Global Coal Blending Company Limited - Australia
- Lanco Infratech Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Central Electricity Authority - India
- Straits Asia Resources Limited - Singapore
- Economic Council, Georgia
- Cement Manufacturers Association - India
- Sree Jayajothi Cements Limited - India
- Semirara Mining and Power Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Romanian Commodities Exchange
- Thai Mozambique Logistica
- White Energy Company Limited
- Madhucon Powers Ltd - India
- Alfred C Toepfer International GmbH - Germany
- SN Aboitiz Power Inc, Philippines
- Global Business Power Corporation, Philippines
- Goldman Sachs - Singapore
- Heidelberg Cement - Germany
- European Bulk Services B.V. - Netherlands
- San Jose City I Power Corp, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- PTC India Limited - India
- Metalloyd Limited - United Kingdom
- Indogreen Group - Indonesia
- Posco Energy - South Korea
- Parliament of New Zealand
- Kumho Petrochemical, South Korea
- Holcim Trading Pte Ltd - Singapore
- Energy Link Ltd, New Zealand
- Semirara Mining Corp, Philippines
- Malabar Cements Ltd - India
- Indian Energy Exchange, India
- Formosa Plastics Group - Taiwan
- Electricity Authority, New Zealand
- Kartika Selabumi Mining - Indonesia
- Jindal Steel & Power Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Price Waterhouse Coopers - Russia
- Chettinad Cement Corporation Ltd - India
- Pendopo Energi Batubara - Indonesia
- Ministry of Mines - Canada
- Miang Besar Coal Terminal - Indonesia
- Indian Oil Corporation Limited
- Ind-Barath Power Infra Limited - India
- Bharathi Cement Corporation - India
- TeaM Sual Corporation - Philippines
- GMR Energy Limited - India
- Aditya Birla Group - India
- Bulk Trading Sa - Switzerland
- Coastal Gujarat Power Limited - India
- Mercator Lines Limited - India
- Merrill Lynch Commodities Europe
- Jorong Barutama Greston.PT - Indonesia
- Mercuria Energy - Indonesia
- CNBM International Corporation - China
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