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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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Thursday, 19 June 14
PANAMAX: VERY CLOSE TO BREAKING THE ALL TIME LOW RECORD - FEARNLEYS AS
Handy
The Supra-Handy market is experiencing the same market slow down as its bigger sister markets however not to the same extent. We see TA rat ...
Wednesday, 18 June 14
CHINESE STEEL PRODUCTION SETS RECORD DURING FIRST TEN DAYS OF JUNE - COMMODORE RESEARCH & CONSULTANCY
Recently released data shows that average daily crude steel production at China's key steel mills hit a record high of 1.833 million tons durin ...
Wednesday, 18 June 14
MARKET INSIGHT - TIMOS PAPADIMITRIOU
Back in January the expectations for Q3 and Q4 were more than great. Talks and claims for a rising BDI and a healthy market were coming from everyw ...
Tuesday, 17 June 14
DRY BULK FREIGHT RATES TO RISE DURING THE SECOND HALF OF 2014, AS CHINA IS EXPECTED TO START IMPORTING MORE IRON ORE FROM BRAZIL - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
In its latest analysis of the dry bulk market, BIMCO said that it doesn’t expect freight rates to react significantly to increased demand bef ...
Monday, 16 June 14
INDONESIAN COAL SWAPS FOR Q3 DELIVERY FALL 2.34 % MONTH ON MONTH
COALspot.com: Indonesian coal swaps for average Q3’ 2014 lost on day, week and on month according to AsiaClear OTC coal swap's reports re ...
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Showing 3651 to 3655 news of total 6871 |
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- Power Finance Corporation Ltd., India
- Ceylon Electricity Board - Sri Lanka
- Cigading International Bulk Terminal - Indonesia
- Indika Energy - Indonesia
- Baramulti Group, Indonesia
- The Treasury - Australian Government
- Rashtriya Ispat Nigam Limited - India
- Edison Trading Spa - Italy
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ambuja Cements Ltd - India
- LBH Netherlands Bv - Netherlands
- Cement Manufacturers Association - India
- Salva Resources Pvt Ltd - India
- Coal and Oil Company - UAE
- GVK Power & Infra Limited - India
- Maheswari Brothers Coal Limited - India
- Videocon Industries ltd - India
- Goldman Sachs - Singapore
- Intertek Mineral Services - Indonesia
- Anglo American - United Kingdom
- Krishnapatnam Port Company Ltd. - India
- Thai Mozambique Logistica
- GAC Shipping (India) Pvt Ltd
- White Energy Company Limited
- Pendopo Energi Batubara - Indonesia
- Singapore Mercantile Exchange
- Price Waterhouse Coopers - Russia
- Kalimantan Lumbung Energi - Indonesia
- Economic Council, Georgia
- Kideco Jaya Agung - Indonesia
- Medco Energi Mining Internasional
- Vizag Seaport Private Limited - India
- Globalindo Alam Lestari - Indonesia
- Global Business Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Eastern Energy - Thailand
- Neyveli Lignite Corporation Ltd, - India
- Bahari Cakrawala Sebuku - Indonesia
- TeaM Sual Corporation - Philippines
- Ministry of Mines - Canada
- Bharathi Cement Corporation - India
- The State Trading Corporation of India Ltd
- Makarim & Taira - Indonesia
- Sakthi Sugars Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Tamil Nadu electricity Board
- Independent Power Producers Association of India
- Vedanta Resources Plc - India
- Gujarat Electricity Regulatory Commission - India
- Samtan Co., Ltd - South Korea
- Ind-Barath Power Infra Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Indian Energy Exchange, India
- PowerSource Philippines DevCo
- Electricity Authority, New Zealand
- Trasteel International SA, Italy
- Barasentosa Lestari - Indonesia
- Mjunction Services Limited - India
- Karaikal Port Pvt Ltd - India
- Star Paper Mills Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Kartika Selabumi Mining - Indonesia
- Australian Commodity Traders Exchange
- Romanian Commodities Exchange
- San Jose City I Power Corp, Philippines
- Central Java Power - Indonesia
- Meralco Power Generation, Philippines
- Borneo Indobara - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Africa Commodities Group - South Africa
- Petron Corporation, Philippines
- MS Steel International - UAE
- Chettinad Cement Corporation Ltd - India
- Bulk Trading Sa - Switzerland
- Vijayanagar Sugar Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Indian Oil Corporation Limited
- Ministry of Transport, Egypt
- PTC India Limited - India
- Minerals Council of Australia
- Mercator Lines Limited - India
- ICICI Bank Limited - India
- Manunggal Multi Energi - Indonesia
- Bhoruka Overseas - Indonesia
- Agrawal Coal Company - India
- Renaissance Capital - South Africa
- Port Waratah Coal Services - Australia
- Energy Development Corp, Philippines
- Oldendorff Carriers - Singapore
- Australian Coal Association
- Holcim Trading Pte Ltd - Singapore
- Gujarat Sidhee Cement - India
- Madhucon Powers Ltd - India
- India Bulls Power Limited - India
- Xindia Steels Limited - India
- Global Green Power PLC Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Attock Cement Pakistan Limited
- Thiess Contractors Indonesia
- Deloitte Consulting - India
- Indonesian Coal Mining Association
- Posco Energy - South Korea
- IEA Clean Coal Centre - UK
- Sojitz Corporation - Japan
- Merrill Lynch Commodities Europe
- Bayan Resources Tbk. - Indonesia
- Aboitiz Power Corporation - Philippines
- GMR Energy Limited - India
- Formosa Plastics Group - Taiwan
- Georgia Ports Authority, United States
- Maharashtra Electricity Regulatory Commission - India
- Planning Commission, India
- Mercuria Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Leighton Contractors Pty Ltd - Australia
- Orica Mining Services - Indonesia
- Wilmar Investment Holdings
- Larsen & Toubro Limited - India
- Standard Chartered Bank - UAE
- South Luzon Thermal Energy Corporation
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Jorong Barutama Greston.PT - Indonesia
- Riau Bara Harum - Indonesia
- IHS Mccloskey Coal Group - USA
- Alfred C Toepfer International GmbH - Germany
- London Commodity Brokers - England
- Jaiprakash Power Ventures ltd
- Central Electricity Authority - India
- Kaltim Prima Coal - Indonesia
- Dalmia Cement Bharat India
- Simpson Spence & Young - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Bukit Makmur.PT - Indonesia
- Rio Tinto Coal - Australia
- Wood Mackenzie - Singapore
- Directorate Of Revenue Intelligence - India
- Bangladesh Power Developement Board
- Kobexindo Tractors - Indoneisa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sree Jayajothi Cements Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Savvy Resources Ltd - HongKong
- Bukit Asam (Persero) Tbk - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bhushan Steel Limited - India
- Bukit Baiduri Energy - Indonesia
- VISA Power Limited - India
- Altura Mining Limited, Indonesia
- SMG Consultants - Indonesia
- Antam Resourcindo - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Indo Tambangraya Megah - Indonesia
- Toyota Tsusho Corporation, Japan
- Marubeni Corporation - India
- PNOC Exploration Corporation - Philippines
- Uttam Galva Steels Limited - India
- CNBM International Corporation - China
- Asmin Koalindo Tuhup - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Jindal Steel & Power Ltd - India
- Chamber of Mines of South Africa
- SN Aboitiz Power Inc, Philippines
- Mintek Dendrill Indonesia
- International Coal Ventures Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Parry Sugars Refinery, India
- Tata Chemicals Ltd - India
- Kumho Petrochemical, South Korea
- TNB Fuel Sdn Bhd - Malaysia
- Aditya Birla Group - India
- Siam City Cement PLC, Thailand
- Latin American Coal - Colombia
- Interocean Group of Companies - India
- Sindya Power Generating Company Private Ltd
- Semirara Mining and Power Corporation, Philippines
- ASAPP Information Group - India
- Semirara Mining Corp, Philippines
- Bhatia International Limited - India
- Sical Logistics Limited - India
- Parliament of New Zealand
- Siam City Cement - Thailand
- Orica Australia Pty. Ltd.
- Electricity Generating Authority of Thailand
- Straits Asia Resources Limited - Singapore
- OPG Power Generation Pvt Ltd - India
- Carbofer General Trading SA - India
- Binh Thuan Hamico - Vietnam
- Timah Investasi Mineral - Indoneisa
- Iligan Light & Power Inc, Philippines
- Energy Link Ltd, New Zealand
- SMC Global Power, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- CIMB Investment Bank - Malaysia
- European Bulk Services B.V. - Netherlands
- Indogreen Group - Indonesia
- Malabar Cements Ltd - India
- Ministry of Finance - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Global Coal Blending Company Limited - Australia
- Heidelberg Cement - Germany
- PetroVietnam Power Coal Import and Supply Company
- Commonwealth Bank - Australia
- Billiton Holdings Pty Ltd - Australia
- Metalloyd Limited - United Kingdom
- Lanco Infratech Ltd - India
- The University of Queensland
- McConnell Dowell - Australia
- Essar Steel Hazira Ltd - India
- New Zealand Coal & Carbon
- Coalindo Energy - Indonesia
- Therma Luzon, Inc, Philippines
- Banpu Public Company Limited - Thailand
- Eastern Coal Council - USA
- GN Power Mariveles Coal Plant, Philippines
- Miang Besar Coal Terminal - Indonesia
- Grasim Industreis Ltd - India
- Kepco SPC Power Corporation, Philippines
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