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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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Monday, 30 June 14
WEEKLY CFR SOUTH CHINA COAL SWAPS DECLINE CONTINUES; Q1'15 LOST US$ 4.55 PMT IN A WEEK
COALspot.com: API 8 CFR South China Coal swap for delivery in Q3 fell US$ 5.25 month on month on Friday, dipping under $69 a tone. The CFR South Ch ...
Monday, 30 June 14
INDO - INDIA FREIGHT RATES CONTINUE TO WEAK
COALspot.com: The latest dry Index shows that average all-in spot freight declined, the Panamax and Supramax slipping by 9.11 percent and 4% respec ...
Friday, 27 June 14
DRY BULK MARKET STILL LOOKING FOR UPSIDE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market has kept up its lacklustre performance during the past week, as evidenced by the course of the Baltic Dry Index (BDI). The BDI ...
Thursday, 26 June 14
PANAMAX : A PACIFIC ROUND PAYS AROUND US$ 3K DAILY - FEARNLEYS AS
Handy
In the Atlantic there has been little activity which again has caused rates to slip across all trades. TA´s are now down to US$ 5,500 ...
Thursday, 26 June 14
KOMIPO INVITES BIDS FOR TOTAL 750K MT OF BITUMINOUS COAL FOR 3CY
COALspot.com: South Korean state-owned utility Korea Midland Power (KOMIPO) has issued a new tender for supply of total 250,000 MT of bituminous co ...
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- Indogreen Group - Indonesia
- Indian Oil Corporation Limited
- Wilmar Investment Holdings
- Edison Trading Spa - Italy
- Kobexindo Tractors - Indoneisa
- Indonesian Coal Mining Association
- Metalloyd Limited - United Kingdom
- Billiton Holdings Pty Ltd - Australia
- Ministry of Transport, Egypt
- Gujarat Sidhee Cement - India
- PowerSource Philippines DevCo
- Electricity Authority, New Zealand
- Mintek Dendrill Indonesia
- Kumho Petrochemical, South Korea
- Siam City Cement PLC, Thailand
- Coalindo Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Coal and Oil Company - UAE
- Wood Mackenzie - Singapore
- Eastern Coal Council - USA
- Bulk Trading Sa - Switzerland
- Therma Luzon, Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Xindia Steels Limited - India
- PTC India Limited - India
- Borneo Indobara - Indonesia
- Tata Chemicals Ltd - India
- Australian Coal Association
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Goldman Sachs - Singapore
- Mjunction Services Limited - India
- Bharathi Cement Corporation - India
- Formosa Plastics Group - Taiwan
- CIMB Investment Bank - Malaysia
- Star Paper Mills Limited - India
- Kohat Cement Company Ltd. - Pakistan
- ICICI Bank Limited - India
- Samtan Co., Ltd - South Korea
- Standard Chartered Bank - UAE
- Maheswari Brothers Coal Limited - India
- Bhoruka Overseas - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Power Finance Corporation Ltd., India
- Ministry of Mines - Canada
- Indika Energy - Indonesia
- Kepco SPC Power Corporation, Philippines
- Agrawal Coal Company - India
- Ambuja Cements Ltd - India
- White Energy Company Limited
- Global Business Power Corporation, Philippines
- Electricity Generating Authority of Thailand
- The Treasury - Australian Government
- Sojitz Corporation - Japan
- Mercator Lines Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- GAC Shipping (India) Pvt Ltd
- TeaM Sual Corporation - Philippines
- Africa Commodities Group - South Africa
- Rashtriya Ispat Nigam Limited - India
- Aboitiz Power Corporation - Philippines
- Sree Jayajothi Cements Limited - India
- Meenaskhi Energy Private Limited - India
- Holcim Trading Pte Ltd - Singapore
- Coastal Gujarat Power Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Straits Asia Resources Limited - Singapore
- Orica Mining Services - Indonesia
- Essar Steel Hazira Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- India Bulls Power Limited - India
- Parliament of New Zealand
- SN Aboitiz Power Inc, Philippines
- Bhushan Steel Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Larsen & Toubro Limited - India
- SMG Consultants - Indonesia
- Central Java Power - Indonesia
- Global Coal Blending Company Limited - Australia
- Jorong Barutama Greston.PT - Indonesia
- Latin American Coal - Colombia
- Sarangani Energy Corporation, Philippines
- Malabar Cements Ltd - India
- PNOC Exploration Corporation - Philippines
- Chamber of Mines of South Africa
- Offshore Bulk Terminal Pte Ltd, Singapore
- Intertek Mineral Services - Indonesia
- Bukit Makmur.PT - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Uttam Galva Steels Limited - India
- OPG Power Generation Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Trasteel International SA, Italy
- Meralco Power Generation, Philippines
- Baramulti Group, Indonesia
- Sical Logistics Limited - India
- European Bulk Services B.V. - Netherlands
- Australian Commodity Traders Exchange
- LBH Netherlands Bv - Netherlands
- Planning Commission, India
- Indo Tambangraya Megah - Indonesia
- Ministry of Finance - Indonesia
- Merrill Lynch Commodities Europe
- TNB Fuel Sdn Bhd - Malaysia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Commonwealth Bank - Australia
- Kaltim Prima Coal - Indonesia
- Binh Thuan Hamico - Vietnam
- Medco Energi Mining Internasional
- Oldendorff Carriers - Singapore
- Barasentosa Lestari - Indonesia
- Semirara Mining and Power Corporation, Philippines
- McConnell Dowell - Australia
- Deloitte Consulting - India
- Sinarmas Energy and Mining - Indonesia
- Bhatia International Limited - India
- Ind-Barath Power Infra Limited - India
- Bangladesh Power Developement Board
- Simpson Spence & Young - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Vizag Seaport Private Limited - India
- Siam City Cement - Thailand
- Bukit Baiduri Energy - Indonesia
- GMR Energy Limited - India
- Sindya Power Generating Company Private Ltd
- London Commodity Brokers - England
- Price Waterhouse Coopers - Russia
- Cement Manufacturers Association - India
- ASAPP Information Group - India
- Marubeni Corporation - India
- AsiaOL BioFuels Corp., Philippines
- Tamil Nadu electricity Board
- Kartika Selabumi Mining - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Altura Mining Limited, Indonesia
- Salva Resources Pvt Ltd - India
- Antam Resourcindo - Indonesia
- CNBM International Corporation - China
- Neyveli Lignite Corporation Ltd, - India
- PetroVietnam Power Coal Import and Supply Company
- Pendopo Energi Batubara - Indonesia
- Globalindo Alam Lestari - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Eastern Energy - Thailand
- Videocon Industries ltd - India
- Global Green Power PLC Corporation, Philippines
- Sakthi Sugars Limited - India
- The University of Queensland
- Toyota Tsusho Corporation, Japan
- MS Steel International - UAE
- Gujarat Electricity Regulatory Commission - India
- Dalmia Cement Bharat India
- Kalimantan Lumbung Energi - Indonesia
- Madhucon Powers Ltd - India
- Rio Tinto Coal - Australia
- Thai Mozambique Logistica
- Romanian Commodities Exchange
- Gujarat Mineral Development Corp Ltd - India
- Kideco Jaya Agung - Indonesia
- Orica Australia Pty. Ltd.
- The State Trading Corporation of India Ltd
- Economic Council, Georgia
- Singapore Mercantile Exchange
- Karaikal Port Pvt Ltd - India
- Aditya Birla Group - India
- SMC Global Power, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Carbofer General Trading SA - India
- Iligan Light & Power Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Minerals Council of Australia
- Central Electricity Authority - India
- Timah Investasi Mineral - Indoneisa
- South Luzon Thermal Energy Corporation
- GN Power Mariveles Coal Plant, Philippines
- Thiess Contractors Indonesia
- Georgia Ports Authority, United States
- Krishnapatnam Port Company Ltd. - India
- Heidelberg Cement - Germany
- IHS Mccloskey Coal Group - USA
- Makarim & Taira - Indonesia
- Vedanta Resources Plc - India
- San Jose City I Power Corp, Philippines
- Banpu Public Company Limited - Thailand
- Parry Sugars Refinery, India
- Lanco Infratech Ltd - India
- IEA Clean Coal Centre - UK
- Miang Besar Coal Terminal - Indonesia
- Semirara Mining Corp, Philippines
- Grasim Industreis Ltd - India
- Attock Cement Pakistan Limited
- Bahari Cakrawala Sebuku - Indonesia
- Manunggal Multi Energi - Indonesia
- GVK Power & Infra Limited - India
- Mercuria Energy - Indonesia
- Jaiprakash Power Ventures ltd
- Energy Development Corp, Philippines
- Riau Bara Harum - Indonesia
- Renaissance Capital - South Africa
- Savvy Resources Ltd - HongKong
- Anglo American - United Kingdom
- Ceylon Electricity Board - Sri Lanka
- Directorate Of Revenue Intelligence - India
- Petron Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Energy Link Ltd, New Zealand
- New Zealand Coal & Carbon
- Independent Power Producers Association of India
- VISA Power Limited - India
- International Coal Ventures Pvt Ltd - India
- Indian Energy Exchange, India
- Posco Energy - South Korea
- Port Waratah Coal Services - Australia
- Jindal Steel & Power Ltd - India
- Chettinad Cement Corporation Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Interocean Group of Companies - India
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