We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Saturday, 27 September 14
MORE COAL MINERS AGREE TO AMEND CONTRACTS - THE JAKARTA POST
 The Energy and Mineral Resources Ministry is in a rush to beat a deadline for the conclusion of numerous memorandums of understanding (MoUs) with the country’s coal-mining companies before the change of government next month, the Jakarta Post reported today.
With the signing of the MoUs, the mining companies agree in principle to adjust their operating permits as well as their financial obligations, such as royalties, in line with the 2009 Mining Law.
According to post, in the last few days, a number of MoUs have been signed by the ministry’s director general for minerals and coal and the holders of coal contracts of work (CCoWs). “To date, we have signed 58 MoUs,” director for coal Bambang Tjahjono said on Thursday. The total number is a significant increase compared on the 44 CCoWs as of Sept. 5.
The MoUs will be the basis of the drafting of CCoW amendments, which are expected to be completed within six months after the MoU signing. The 58 CCoW MoUs signed already include deals with big coal players, such as PT Adaro Indonesia, PT Kaltim Prima Coal and PT Arutmin Indonesia, the paper reported.
The minerals and coal office is now working to accelerate the negotiation process with the other 15 CCoW holders.
Only PT Berau Coal and PT Kideco Jaya Agung remain among the big coal players holding the first generation CCoW holders which have not yet signed MoUs with the mineral and coal office, according to director general R. Sukhyar.
Paper's report says, as for Kideco, according to Sukhyar, the negotiating parties are still working to settle a disagreement on the amount of tax on dividends, in which the government wants to raise the figure to 20 percent, as stated in a regulation, from the current 10 percent as stated in the company’s CCoW.
The paper further said, meanwhile, discussions with Berau are in deadlock as the government wants to get a full royalty of 13.5 percent. “Currently, if Berau sells coal from the government’s share, it only pays 11 percent in royalties as the other 2.5 percent is calculated as transportation costs. We are now trying to make the payment a full 13.5 percent,” Sukhyar said.
The government is struggling to renegotiate a total of 107 contracts, consisting of 73 CCoW and 73 mineral contracts of work (CoWs), to be adjusted in line with the requirements of the 2009 Mining Law, the post noted.
Under the current target, the deadline for completion of MoUs is the end of September.
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Thursday, 18 September 14
INDONESIA'S JULY COAL EXPORT VOLUME DROPPED 5.13% M-O-M
COALspot.com: Indonesia, one of the world's largest coal producer and the global leading multi grade coal exporter shipped around $1.65* ...
Thursday, 18 September 14
PANAMAX : US GULF/CHINA FRONTHAUL ARE NOW PAYING TYPICALLY 14.5K + 450K BB - FEARNRESEARCH
Handy
We still see a firming tendency in the Atlantic and it is still ECSA and USG leading on. USG/Cont now up in about USD 17/18k for a Smax whi ...
Thursday, 18 September 14
ELECTRONIC BILLS OF LADING: A GUIDE TO PAPERLESS TRADING WHICH HAS TAKEN THE SHIPPING INDUSTRY BY STORM
Bimco has recently developed and published a charter party clause that specifically addresses the use of electronic bills of lading. Increasing use ...
Wednesday, 17 September 14
PANAMAX: LIMITED INTEREST IN BOTH BASINS; RISING TONNAGE - INTERMODAL
With the week starting off at a fast pace and with the positive momentum from the previous Friday seemingly sticking around for a bit longer, most ...
Wednesday, 17 September 14
SHIPPING MARKET INSIGHT - GEORGE LAZARIDIS
Since the onslaught of 2013 the rising tide of asset prices had been primarily driven by the increasing freight market conditions and the improving ...
|
|
|
Showing 3481 to 3485 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- VISA Power Limited - India
- Sical Logistics Limited - India
- MS Steel International - UAE
- Vedanta Resources Plc - India
- Wilmar Investment Holdings
- Cement Manufacturers Association - India
- OPG Power Generation Pvt Ltd - India
- IEA Clean Coal Centre - UK
- Petrochimia International Co. Ltd.- Taiwan
- Jaiprakash Power Ventures ltd
- Miang Besar Coal Terminal - Indonesia
- Therma Luzon, Inc, Philippines
- Indogreen Group - Indonesia
- Standard Chartered Bank - UAE
- Toyota Tsusho Corporation, Japan
- Aboitiz Power Corporation - Philippines
- Cigading International Bulk Terminal - Indonesia
- Orica Australia Pty. Ltd.
- Commonwealth Bank - Australia
- Tamil Nadu electricity Board
- TeaM Sual Corporation - Philippines
- Sree Jayajothi Cements Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Indika Energy - Indonesia
- Maheswari Brothers Coal Limited - India
- Krishnapatnam Port Company Ltd. - India
- Grasim Industreis Ltd - India
- Renaissance Capital - South Africa
- Ind-Barath Power Infra Limited - India
- Indonesian Coal Mining Association
- Bahari Cakrawala Sebuku - Indonesia
- Essar Steel Hazira Ltd - India
- Billiton Holdings Pty Ltd - Australia
- South Luzon Thermal Energy Corporation
- LBH Netherlands Bv - Netherlands
- The State Trading Corporation of India Ltd
- Iligan Light & Power Inc, Philippines
- India Bulls Power Limited - India
- Energy Link Ltd, New Zealand
- TNB Fuel Sdn Bhd - Malaysia
- Sarangani Energy Corporation, Philippines
- Vizag Seaport Private Limited - India
- Sinarmas Energy and Mining - Indonesia
- Global Business Power Corporation, Philippines
- CNBM International Corporation - China
- Orica Mining Services - Indonesia
- GMR Energy Limited - India
- Independent Power Producers Association of India
- Indian Oil Corporation Limited
- Romanian Commodities Exchange
- Indian Energy Exchange, India
- Vijayanagar Sugar Pvt Ltd - India
- Manunggal Multi Energi - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Xindia Steels Limited - India
- Gujarat Sidhee Cement - India
- Bhoruka Overseas - Indonesia
- Borneo Indobara - Indonesia
- Bulk Trading Sa - Switzerland
- Sojitz Corporation - Japan
- Power Finance Corporation Ltd., India
- SN Aboitiz Power Inc, Philippines
- Simpson Spence & Young - Indonesia
- ASAPP Information Group - India
- Larsen & Toubro Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Price Waterhouse Coopers - Russia
- PTC India Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Global Green Power PLC Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Bayan Resources Tbk. - Indonesia
- Bangladesh Power Developement Board
- Economic Council, Georgia
- Karbindo Abesyapradhi - Indoneisa
- Sakthi Sugars Limited - India
- Alfred C Toepfer International GmbH - Germany
- Parry Sugars Refinery, India
- Central Electricity Authority - India
- Holcim Trading Pte Ltd - Singapore
- Posco Energy - South Korea
- Bukit Asam (Persero) Tbk - Indonesia
- ICICI Bank Limited - India
- Makarim & Taira - Indonesia
- Coastal Gujarat Power Limited - India
- GAC Shipping (India) Pvt Ltd
- Eastern Energy - Thailand
- AsiaOL BioFuels Corp., Philippines
- Singapore Mercantile Exchange
- Agrawal Coal Company - India
- Anglo American - United Kingdom
- Electricity Generating Authority of Thailand
- Port Waratah Coal Services - Australia
- Australian Commodity Traders Exchange
- Altura Mining Limited, Indonesia
- Kobexindo Tractors - Indoneisa
- Deloitte Consulting - India
- Heidelberg Cement - Germany
- Global Coal Blending Company Limited - Australia
- Bhushan Steel Limited - India
- Jorong Barutama Greston.PT - Indonesia
- SMG Consultants - Indonesia
- Thiess Contractors Indonesia
- Dalmia Cement Bharat India
- Lanco Infratech Ltd - India
- Malabar Cements Ltd - India
- Interocean Group of Companies - India
- Coal and Oil Company - UAE
- San Jose City I Power Corp, Philippines
- Savvy Resources Ltd - HongKong
- Bukit Baiduri Energy - Indonesia
- Banpu Public Company Limited - Thailand
- Mercuria Energy - Indonesia
- Petron Corporation, Philippines
- Trasteel International SA, Italy
- Directorate Of Revenue Intelligence - India
- Indo Tambangraya Megah - Indonesia
- IHS Mccloskey Coal Group - USA
- Ceylon Electricity Board - Sri Lanka
- Semirara Mining and Power Corporation, Philippines
- Uttam Galva Steels Limited - India
- Chettinad Cement Corporation Ltd - India
- Mjunction Services Limited - India
- Meralco Power Generation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Pendopo Energi Batubara - Indonesia
- Baramulti Group, Indonesia
- Kapuas Tunggal Persada - Indonesia
- Straits Asia Resources Limited - Singapore
- New Zealand Coal & Carbon
- PNOC Exploration Corporation - Philippines
- Star Paper Mills Limited - India
- Georgia Ports Authority, United States
- Goldman Sachs - Singapore
- Globalindo Alam Lestari - Indonesia
- Siam City Cement - Thailand
- Kaltim Prima Coal - Indonesia
- Bukit Makmur.PT - Indonesia
- McConnell Dowell - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kideco Jaya Agung - Indonesia
- Wood Mackenzie - Singapore
- The University of Queensland
- Videocon Industries ltd - India
- Attock Cement Pakistan Limited
- Asia Pacific Energy Resources Ventures Inc, Philippines
- European Bulk Services B.V. - Netherlands
- Antam Resourcindo - Indonesia
- Central Java Power - Indonesia
- Rio Tinto Coal - Australia
- Neyveli Lignite Corporation Ltd, - India
- Jindal Steel & Power Ltd - India
- Ministry of Transport, Egypt
- Semirara Mining Corp, Philippines
- White Energy Company Limited
- Kartika Selabumi Mining - Indonesia
- Marubeni Corporation - India
- Timah Investasi Mineral - Indoneisa
- Merrill Lynch Commodities Europe
- Eastern Coal Council - USA
- Thai Mozambique Logistica
- Intertek Mineral Services - Indonesia
- Oldendorff Carriers - Singapore
- SMC Global Power, Philippines
- Planning Commission, India
- Ambuja Cements Ltd - India
- Africa Commodities Group - South Africa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Chamber of Mines of South Africa
- Parliament of New Zealand
- Aditya Birla Group - India
- Edison Trading Spa - Italy
- Australian Coal Association
- GVK Power & Infra Limited - India
- Formosa Plastics Group - Taiwan
- Minerals Council of Australia
- Riau Bara Harum - Indonesia
- Electricity Authority, New Zealand
- Sindya Power Generating Company Private Ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Meenaskhi Energy Private Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- GN Power Mariveles Coal Plant, Philippines
- Kumho Petrochemical, South Korea
- Bharathi Cement Corporation - India
- Coalindo Energy - Indonesia
- Leighton Contractors Pty Ltd - Australia
- London Commodity Brokers - England
- CIMB Investment Bank - Malaysia
- Mercator Lines Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Mintek Dendrill Indonesia
- International Coal Ventures Pvt Ltd - India
- Latin American Coal - Colombia
- Tata Chemicals Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Energy Development Corp, Philippines
- Salva Resources Pvt Ltd - India
- The Treasury - Australian Government
- Barasentosa Lestari - Indonesia
- Metalloyd Limited - United Kingdom
- Ministry of Finance - Indonesia
- Ministry of Mines - Canada
- Carbofer General Trading SA - India
- Directorate General of MIneral and Coal - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Siam City Cement PLC, Thailand
- Samtan Co., Ltd - South Korea
- Bhatia International Limited - India
- Madhucon Powers Ltd - India
- Kepco SPC Power Corporation, Philippines
- PowerSource Philippines DevCo
- Binh Thuan Hamico - Vietnam
- Medco Energi Mining Internasional
- Karaikal Port Pvt Ltd - India
|
| |
| |
|
