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Monday, 27 October 14
GOVT PROMISES TO EASE LICENSING PROCEDURES IN MINING SECTOR - THE JAKARTA POST
 The Energy and Mineral Resources Ministry’s directorate general for mineral and coal plans to simplify the complicated licensing procedures in the country’s mining sector in order to boost investment, the Jakarta Post, one of the leading English language papers in Indonesia reported.
The simplification will reduce the number of required permits to only 71 types, from the 101 types that exist at present.
Out of the total 71 permits, 26 are issued by the energy ministry while another 51 are issued by other government agencies.
The paper further said, the director general for mineral and coal, R. Sukhyar, said the simplification would be carried out in the issuance of permits from his ministry because the issuance of the other 51 permits were handled by other government offices.
Permits to be reduced to 71 types from 101 types at present Simplification will cut red tape, and attract more investment New policy expected to be implemented next year; pending approval by new energy minister, according to JP.
“The cut in the number of permits is expected to improve efficiency. Of course, by doing so, we hope the mining sector will attract more investment,” he said.
Under the simplification plan, mining companies will no longer be required to obtain more than one permit for a single stage of the mining operations.
“To ensure that mining firms are actually performing the activities, they will have to report to us and we will perform an inspection,” Sukhyar said, as quoted by paper.
Under the plan, the mineral and coal office also plans to remove the requirement imposed on miners for the transportation of their production.
Sukhyar said the transportation of minerals and coal will be the full responsibility of mining firms. If they have no expertise in mineral and coal transportation, they can hire companies that offer those services, according to Sukhyar.
The plan to ease the licensing procedures will be submitted to the new energy and mineral resources minister Sudirman Said.
Sukhyar said he expected that a ministerial regulation regarding the proposal would be approved by the end of this year so that his office can start the implementation of the simplified permission process next year.
Mining companies welcomed the plan. The shorter bureaucratic process will significantly ease the mining business in the country and, in return, boost investment, said Bob Kamandanu of the Indonesian Coal Mining Association (APBI).
However, he said the plan to ease the licensing procedures should not weaken the government’s program to promote good mining principles.
“We don’t want the simplification to let mining firms ignore those matters,” Bob said.
He added that government officials should improve their supervision of the mining sector so that mining firms give true and correct reports of what they have performed
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Wednesday, 26 November 14
OVERSUPPLY OF TONNAGE PUSHED PANAMAX SEGMENT DOWN FOR ANOTHER WEEK
COALspot.com: The Dry Bulk market managed to reverse its course from the week prior and with the sole exception of the Panamax segment, we witnesse ...
Wednesday, 26 November 14
SHIPPING MARKET INSIGHT - EVA TZIMA
The tanker market has been enjoying some good returns lately. Ok, that may be a big understatement, but with all the ups and downs of the past year ...
Tuesday, 25 November 14
FISCAL BREAKEVEN OIL PRICES SHOW SOVEREIGN VULNERABILITY - FITCH
COALspot.com: The vulnerability of the sovereign credit profiles of net oil exporters, as shown by their fiscal breakeven oil prices, suggests that ...
Tuesday, 25 November 14
UK: TRIBUNAL RULES ON SPEED AND PERFORMANCE CLAIMS UNDER TWO CONSECUTIVE TIME CHARTERPARTIES - REED SMITH
KNOWLEDGE TO ELEVATE
“Owners not to be responsible if the vessel under the currency of this charter party stays at port or anchorage or ...
Tuesday, 25 November 14
FOB RICHARDS BAY COAL SWAP FOR Q4' 15 DELIVERY CLOSED AT US$ 68.20
COALspot.com: API 4 FOB Richards Bay Coal for delivery Q1' 2015 gained month on month, week on week and day over day.
The Q1 swap has gain ...
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- Meenaskhi Energy Private Limited - India
- Central Java Power - Indonesia
- Energy Development Corp, Philippines
- Salva Resources Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Kalimantan Lumbung Energi - Indonesia
- GVK Power & Infra Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Grasim Industreis Ltd - India
- Bukit Makmur.PT - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Star Paper Mills Limited - India
- Iligan Light & Power Inc, Philippines
- London Commodity Brokers - England
- Goldman Sachs - Singapore
- Videocon Industries ltd - India
- Economic Council, Georgia
- Bhoruka Overseas - Indonesia
- Gujarat Sidhee Cement - India
- Sakthi Sugars Limited - India
- Mintek Dendrill Indonesia
- ASAPP Information Group - India
- Indika Energy - Indonesia
- Australian Coal Association
- Australian Commodity Traders Exchange
- Intertek Mineral Services - Indonesia
- Global Green Power PLC Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- Leighton Contractors Pty Ltd - Australia
- GN Power Mariveles Coal Plant, Philippines
- Baramulti Group, Indonesia
- Krishnapatnam Port Company Ltd. - India
- Kepco SPC Power Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- SMC Global Power, Philippines
- Independent Power Producers Association of India
- Rio Tinto Coal - Australia
- Borneo Indobara - Indonesia
- Xindia Steels Limited - India
- Minerals Council of Australia
- Bangladesh Power Developement Board
- TeaM Sual Corporation - Philippines
- Indo Tambangraya Megah - Indonesia
- Antam Resourcindo - Indonesia
- Wood Mackenzie - Singapore
- SMG Consultants - Indonesia
- PowerSource Philippines DevCo
- Neyveli Lignite Corporation Ltd, - India
- Rashtriya Ispat Nigam Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Global Business Power Corporation, Philippines
- Ministry of Mines - Canada
- Sojitz Corporation - Japan
- The Treasury - Australian Government
- Siam City Cement PLC, Thailand
- Global Coal Blending Company Limited - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Dalmia Cement Bharat India
- Interocean Group of Companies - India
- Agrawal Coal Company - India
- Coalindo Energy - Indonesia
- Lanco Infratech Ltd - India
- Anglo American - United Kingdom
- ICICI Bank Limited - India
- Pendopo Energi Batubara - Indonesia
- Chettinad Cement Corporation Ltd - India
- Eastern Coal Council - USA
- Globalindo Alam Lestari - Indonesia
- Attock Cement Pakistan Limited
- Oldendorff Carriers - Singapore
- Bhushan Steel Limited - India
- Marubeni Corporation - India
- Maharashtra Electricity Regulatory Commission - India
- Semirara Mining and Power Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Cement Manufacturers Association - India
- Barasentosa Lestari - Indonesia
- Formosa Plastics Group - Taiwan
- Ind-Barath Power Infra Limited - India
- Parry Sugars Refinery, India
- Directorate General of MIneral and Coal - Indonesia
- Wilmar Investment Holdings
- MS Steel International - UAE
- Energy Link Ltd, New Zealand
- Banpu Public Company Limited - Thailand
- Parliament of New Zealand
- Central Electricity Authority - India
- Holcim Trading Pte Ltd - Singapore
- Ambuja Cements Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Renaissance Capital - South Africa
- Indian Energy Exchange, India
- Merrill Lynch Commodities Europe
- Georgia Ports Authority, United States
- Toyota Tsusho Corporation, Japan
- Deloitte Consulting - India
- Power Finance Corporation Ltd., India
- Thiess Contractors Indonesia
- Indian Oil Corporation Limited
- Port Waratah Coal Services - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Romanian Commodities Exchange
- Timah Investasi Mineral - Indoneisa
- Savvy Resources Ltd - HongKong
- Tamil Nadu electricity Board
- Mercuria Energy - Indonesia
- Malabar Cements Ltd - India
- Makarim & Taira - Indonesia
- Uttam Galva Steels Limited - India
- Bukit Baiduri Energy - Indonesia
- Directorate Of Revenue Intelligence - India
- Vedanta Resources Plc - India
- Trasteel International SA, Italy
- Orica Mining Services - Indonesia
- Straits Asia Resources Limited - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- McConnell Dowell - Australia
- GMR Energy Limited - India
- Samtan Co., Ltd - South Korea
- Bahari Cakrawala Sebuku - Indonesia
- Standard Chartered Bank - UAE
- PTC India Limited - India
- Tata Chemicals Ltd - India
- Singapore Mercantile Exchange
- Kideco Jaya Agung - Indonesia
- CNBM International Corporation - China
- Eastern Energy - Thailand
- Semirara Mining Corp, Philippines
- European Bulk Services B.V. - Netherlands
- Meralco Power Generation, Philippines
- Coastal Gujarat Power Limited - India
- Ministry of Finance - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- The State Trading Corporation of India Ltd
- Kaltim Prima Coal - Indonesia
- Vizag Seaport Private Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Simpson Spence & Young - Indonesia
- Indonesian Coal Mining Association
- Kartika Selabumi Mining - Indonesia
- Carbofer General Trading SA - India
- India Bulls Power Limited - India
- San Jose City I Power Corp, Philippines
- Essar Steel Hazira Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Mjunction Services Limited - India
- Alfred C Toepfer International GmbH - Germany
- GAC Shipping (India) Pvt Ltd
- Riau Bara Harum - Indonesia
- Sindya Power Generating Company Private Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Siam City Cement - Thailand
- SN Aboitiz Power Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
- Larsen & Toubro Limited - India
- IEA Clean Coal Centre - UK
- OPG Power Generation Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Miang Besar Coal Terminal - Indonesia
- CIMB Investment Bank - Malaysia
- VISA Power Limited - India
- Orica Australia Pty. Ltd.
- Kohat Cement Company Ltd. - Pakistan
- PNOC Exploration Corporation - Philippines
- Binh Thuan Hamico - Vietnam
- Electricity Generating Authority of Thailand
- Indogreen Group - Indonesia
- Jaiprakash Power Ventures ltd
- Medco Energi Mining Internasional
- Bulk Trading Sa - Switzerland
- Thai Mozambique Logistica
- Metalloyd Limited - United Kingdom
- Asmin Koalindo Tuhup - Indonesia
- Heidelberg Cement - Germany
- Planning Commission, India
- Aboitiz Power Corporation - Philippines
- Ministry of Transport, Egypt
- Jindal Steel & Power Ltd - India
- Therma Luzon, Inc, Philippines
- Aditya Birla Group - India
- Chamber of Mines of South Africa
- LBH Netherlands Bv - Netherlands
- Bank of Tokyo Mitsubishi UFJ Ltd
- Petrochimia International Co. Ltd.- Taiwan
- Karaikal Port Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Edison Trading Spa - Italy
- Billiton Holdings Pty Ltd - Australia
- Kumho Petrochemical, South Korea
- Commonwealth Bank - Australia
- Ceylon Electricity Board - Sri Lanka
- Latin American Coal - Colombia
- Cigading International Bulk Terminal - Indonesia
- Electricity Authority, New Zealand
- Petron Corporation, Philippines
- Sical Logistics Limited - India
- Kapuas Tunggal Persada - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Coal and Oil Company - UAE
- The University of Queensland
- New Zealand Coal & Carbon
- Posco Energy - South Korea
- Sree Jayajothi Cements Limited - India
- International Coal Ventures Pvt Ltd - India
- Africa Commodities Group - South Africa
- Bharathi Cement Corporation - India
- Mercator Lines Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Madhucon Powers Ltd - India
- Price Waterhouse Coopers - Russia
- Maheswari Brothers Coal Limited - India
- White Energy Company Limited
- Altura Mining Limited, Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bhatia International Limited - India
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