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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, 12 June 14
HANDY : TA MARKET IS CONTINUING SOUTH WITH A DECREASE OF 26% W-O-W
Handy
The week started off with holidays in most European countries and the TA market is continuing south with a decrease of 26% w-o-w. We do see ...
Thursday, 12 June 14
CONSOLIDATION IS THE ' NAME OF THE GAME' WHEN IT COMES TO SHIPYARDS ACROSS ASIA - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Intense competition, a swelling of new greenfield shipyards over the past few years mainly in China, especially prior to the 2008 global financial ...
Wednesday, 11 June 14
INDONESIA'S COAL EXPORT VOLUME AND REVENUE SLIPS 2.75% AND 6.73% RESPECTIVELY IN APRIL
COALspot.com: Indonesia, one of the world's largest coal producer and the global largest multi grade coal exporter shipped around $1.8* b ...
Wednesday, 11 June 14
BPI TOUCHING A NEW LOW FOR THE YEAR
The Dry Bulk market closed off the week positively, on the back of firming Capesize rates, while the market overall continues to face a very challe ...
Monday, 09 June 14
INDO SUB-BIT COAL SWAPS FOR Q3,Q4 OF 2014 AND Q1 2015: LOST ON DAY AND MONTH
COALspot.com: Indonesian coal swaps for average Q3’ 2014 continue last week’s trend or lost on day, week and on month according to Asia ...
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- Globalindo Alam Lestari - Indonesia
- Aboitiz Power Corporation - Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- IEA Clean Coal Centre - UK
- Manunggal Multi Energi - Indonesia
- SMG Consultants - Indonesia
- Carbofer General Trading SA - India
- SN Aboitiz Power Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- Romanian Commodities Exchange
- Orica Australia Pty. Ltd.
- Mercator Lines Limited - India
- PNOC Exploration Corporation - Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- South Luzon Thermal Energy Corporation
- Independent Power Producers Association of India
- Indian Energy Exchange, India
- Tata Chemicals Ltd - India
- Rio Tinto Coal - Australia
- Intertek Mineral Services - Indonesia
- Altura Mining Limited, Indonesia
- Baramulti Group, Indonesia
- Miang Besar Coal Terminal - Indonesia
- Coalindo Energy - Indonesia
- The State Trading Corporation of India Ltd
- Formosa Plastics Group - Taiwan
- Edison Trading Spa - Italy
- Indogreen Group - Indonesia
- Energy Development Corp, Philippines
- San Jose City I Power Corp, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Energy Link Ltd, New Zealand
- Simpson Spence & Young - Indonesia
- Banpu Public Company Limited - Thailand
- Kobexindo Tractors - Indoneisa
- Indian Oil Corporation Limited
- International Coal Ventures Pvt Ltd - India
- Medco Energi Mining Internasional
- Oldendorff Carriers - Singapore
- White Energy Company Limited
- Parliament of New Zealand
- Tamil Nadu electricity Board
- Trasteel International SA, Italy
- Alfred C Toepfer International GmbH - Germany
- Merrill Lynch Commodities Europe
- Lanco Infratech Ltd - India
- Siam City Cement PLC, Thailand
- Sinarmas Energy and Mining - Indonesia
- CNBM International Corporation - China
- Commonwealth Bank - Australia
- Directorate Of Revenue Intelligence - India
- Thiess Contractors Indonesia
- Meralco Power Generation, Philippines
- Renaissance Capital - South Africa
- Marubeni Corporation - India
- Kepco SPC Power Corporation, Philippines
- Kapuas Tunggal Persada - Indonesia
- ASAPP Information Group - India
- GAC Shipping (India) Pvt Ltd
- Price Waterhouse Coopers - Russia
- Rashtriya Ispat Nigam Limited - India
- IHS Mccloskey Coal Group - USA
- Central Java Power - Indonesia
- Indo Tambangraya Megah - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Global Business Power Corporation, Philippines
- Grasim Industreis Ltd - India
- Coastal Gujarat Power Limited - India
- Interocean Group of Companies - India
- Kohat Cement Company Ltd. - Pakistan
- Sree Jayajothi Cements Limited - India
- Krishnapatnam Port Company Ltd. - India
- Sakthi Sugars Limited - India
- Posco Energy - South Korea
- Mjunction Services Limited - India
- Eastern Energy - Thailand
- Kideco Jaya Agung - Indonesia
- LBH Netherlands Bv - Netherlands
- Coal and Oil Company - UAE
- Wood Mackenzie - Singapore
- Metalloyd Limited - United Kingdom
- Vijayanagar Sugar Pvt Ltd - India
- Power Finance Corporation Ltd., India
- Barasentosa Lestari - Indonesia
- Star Paper Mills Limited - India
- New Zealand Coal & Carbon
- Madhucon Powers Ltd - India
- ICICI Bank Limited - India
- Global Coal Blending Company Limited - Australia
- VISA Power Limited - India
- Electricity Authority, New Zealand
- GVK Power & Infra Limited - India
- Africa Commodities Group - South Africa
- Indika Energy - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Therma Luzon, Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Videocon Industries ltd - India
- TeaM Sual Corporation - Philippines
- Karbindo Abesyapradhi - Indoneisa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Gujarat Mineral Development Corp Ltd - India
- CIMB Investment Bank - Malaysia
- OPG Power Generation Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- European Bulk Services B.V. - Netherlands
- Kartika Selabumi Mining - Indonesia
- Sindya Power Generating Company Private Ltd
- London Commodity Brokers - England
- Leighton Contractors Pty Ltd - Australia
- Pendopo Energi Batubara - Indonesia
- Chamber of Mines of South Africa
- Gujarat Sidhee Cement - India
- Cigading International Bulk Terminal - Indonesia
- Petron Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Economic Council, Georgia
- PetroVietnam Power Coal Import and Supply Company
- Sojitz Corporation - Japan
- Latin American Coal - Colombia
- Kumho Petrochemical, South Korea
- GN Power Mariveles Coal Plant, Philippines
- Kaltim Prima Coal - Indonesia
- Bayan Resources Tbk. - Indonesia
- Bhoruka Overseas - Indonesia
- GMR Energy Limited - India
- Planning Commission, India
- Jindal Steel & Power Ltd - India
- The University of Queensland
- Maharashtra Electricity Regulatory Commission - India
- TNB Fuel Sdn Bhd - Malaysia
- PowerSource Philippines DevCo
- Binh Thuan Hamico - Vietnam
- Agrawal Coal Company - India
- The Treasury - Australian Government
- Karaikal Port Pvt Ltd - India
- Vedanta Resources Plc - India
- Holcim Trading Pte Ltd - Singapore
- Mercuria Energy - Indonesia
- Semirara Mining Corp, Philippines
- Straits Asia Resources Limited - Singapore
- Jaiprakash Power Ventures ltd
- Borneo Indobara - Indonesia
- Cement Manufacturers Association - India
- MS Steel International - UAE
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bhushan Steel Limited - India
- Xindia Steels Limited - India
- Bulk Trading Sa - Switzerland
- Ministry of Mines - Canada
- Bangladesh Power Developement Board
- Goldman Sachs - Singapore
- Ceylon Electricity Board - Sri Lanka
- Chettinad Cement Corporation Ltd - India
- Iligan Light & Power Inc, Philippines
- Minerals Council of Australia
- Mintek Dendrill Indonesia
- Savvy Resources Ltd - HongKong
- Directorate General of MIneral and Coal - Indonesia
- Thai Mozambique Logistica
- Attock Cement Pakistan Limited
- Bharathi Cement Corporation - India
- India Bulls Power Limited - India
- Bhatia International Limited - India
- Ministry of Transport, Egypt
- Wilmar Investment Holdings
- PTC India Limited - India
- McConnell Dowell - Australia
- Vizag Seaport Private Limited - India
- Parry Sugars Refinery, India
- Ministry of Finance - Indonesia
- SMC Global Power, Philippines
- Larsen & Toubro Limited - India
- Maheswari Brothers Coal Limited - India
- Standard Chartered Bank - UAE
- Billiton Holdings Pty Ltd - Australia
- Bukit Makmur.PT - Indonesia
- Global Green Power PLC Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- Gujarat Electricity Regulatory Commission - India
- Central Electricity Authority - India
- Jorong Barutama Greston.PT - Indonesia
- Bukit Baiduri Energy - Indonesia
- Siam City Cement - Thailand
- Singapore Mercantile Exchange
- Timah Investasi Mineral - Indoneisa
- Makarim & Taira - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Aditya Birla Group - India
- Port Waratah Coal Services - Australia
- Australian Commodity Traders Exchange
- Samtan Co., Ltd - South Korea
- Dalmia Cement Bharat India
- Essar Steel Hazira Ltd - India
- Ambuja Cements Ltd - India
- Heidelberg Cement - Germany
- Sarangani Energy Corporation, Philippines
- Eastern Coal Council - USA
- Meenaskhi Energy Private Limited - India
- Toyota Tsusho Corporation, Japan
- Australian Coal Association
- Neyveli Lignite Corporation Ltd, - India
- Antam Resourcindo - Indonesia
- Deloitte Consulting - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Georgia Ports Authority, United States
- Anglo American - United Kingdom
- Uttam Galva Steels Limited - India
- Sical Logistics Limited - India
- Malabar Cements Ltd - India
- Orica Mining Services - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Riau Bara Harum - Indonesia
- Indonesian Coal Mining Association
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