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Sunday, 03 January 21
INDIA: COMMERCE MINISTRY LAUNCHES COAL IMPORT MONITORING SYSTEM - PTI
 CIMS shall require importers to submit advance information in an online system for imports of items and obtain an automatic registration number by paying registration fee of Re 1 (approximately USD 0.014) per thousand, subject to minimum of Rs 500 (approximately USD 6.84) and maximum of Rs 1 lakh (approximately USD 1368), on CIF (cost, insurance, freight) value.
The Commerce and Industry Ministry has launched a Coal Import Monitoring System (CIMS), under which a trader will have to provide advance information about the imports and obtain a registration number, to have effective policy interventions.
In this system, importers of different kinds of coal including anthracite, bituminous, coking, and steam will have to register in advance on CIMS, providing necessary information.
According to a notification of the Directorate General of Foreign Trade (DGFT), import policy of these items 'shall be subject to CIMS'.
CIMS shall require importers to submit advance information in an online system for imports of items and obtain an automatic registration number by paying registration fee of Re 1 per thousand, subject to minimum of Rs 500 (approximately USD 6.84) and maximum of Rs 1 lakh (approximately USD 1368), on CIF (cost, insurance, freight) value.
'The importer can apply for registration not earlier than 60 days and not later than 15th day before the expected date of arrival of import consignment,' it said.
The registration number would be valid for 75 days.
'Importer shall have to enter the registration number and expiry date of registration in the bill of entry to enable customs for clearance of consignment,' it added.
CIMS will be effective from February 1, 2021 and the facility of online registration will be available from December 31 this year.
The government has similar system for steel imports.
Source: PTI
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Friday, 30 April 21
HIGH-SULPHUR FUEL OIL SALES REBOUND AFTER PRE-IMO 2020 - BIMCO
HSFO sales are up 47.2% from Q1 2020, reaching 3.1m tonnes. This is however still less than a third of high-sulphur fuel sales in Q1 2019, before t ...
Wednesday, 28 April 21
MARKET INSIGHT - INTERMODAL
Despite the current challenges as a result of the global pandemic, 2021 is turning out to be a landmark year for the iron ore market with spot pric ...
Monday, 26 April 21
CHINA TO FURTHER CUT COAL USE IN 2021 - XINHUA
China aims to reduce the share of coal in its energy mix to less than 56% this year, according to a guideline released by the National Energy Admin ...
Wednesday, 21 April 21
COAL FINANCING COSTS HAVE SURGED IN PAST 10 YEARS - UNIVERSITY OF OXFORD - THE GUARDIAN
Coal financing costs have surged over the last decade as investors demand returns four times as high as the payoff required from renewable energy p ...
Tuesday, 20 April 21
US DOLLAR LIBOR TRANSITION IN ASSET FINANCE - WHERE ARE WE NOW? - WATSON FARLEY & WILLIAMS
Since our last article, there has been a raft of regulatory and market body announcements relating to the transition away from LIBOR and the follow ...
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- Bharathi Cement Corporation - India
- Rio Tinto Coal - Australia
- Indonesian Coal Mining Association
- Leighton Contractors Pty Ltd - Australia
- Edison Trading Spa - Italy
- Commonwealth Bank - Australia
- Sojitz Corporation - Japan
- Kideco Jaya Agung - Indonesia
- London Commodity Brokers - England
- Port Waratah Coal Services - Australia
- Manunggal Multi Energi - Indonesia
- Global Coal Blending Company Limited - Australia
- Antam Resourcindo - Indonesia
- ASAPP Information Group - India
- Karaikal Port Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Banpu Public Company Limited - Thailand
- Coalindo Energy - Indonesia
- Eastern Coal Council - USA
- Metalloyd Limited - United Kingdom
- Attock Cement Pakistan Limited
- Borneo Indobara - Indonesia
- PNOC Exploration Corporation - Philippines
- Kaltim Prima Coal - Indonesia
- Kartika Selabumi Mining - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Bhushan Steel Limited - India
- Orica Australia Pty. Ltd.
- Central Electricity Authority - India
- Bukit Baiduri Energy - Indonesia
- Indian Energy Exchange, India
- Merrill Lynch Commodities Europe
- IHS Mccloskey Coal Group - USA
- Bangladesh Power Developement Board
- Alfred C Toepfer International GmbH - Germany
- Malabar Cements Ltd - India
- Sree Jayajothi Cements Limited - India
- Power Finance Corporation Ltd., India
- PTC India Limited - India
- Electricity Authority, New Zealand
- Marubeni Corporation - India
- Tata Chemicals Ltd - India
- Vedanta Resources Plc - India
- Coal and Oil Company - UAE
- SMG Consultants - Indonesia
- Energy Link Ltd, New Zealand
- Orica Mining Services - Indonesia
- Global Business Power Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- The State Trading Corporation of India Ltd
- Larsen & Toubro Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- White Energy Company Limited
- Ministry of Finance - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Indika Energy - Indonesia
- Videocon Industries ltd - India
- McConnell Dowell - Australia
- Miang Besar Coal Terminal - Indonesia
- Siam City Cement - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Dalmia Cement Bharat India
- Kepco SPC Power Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Trasteel International SA, Italy
- Indo Tambangraya Megah - Indonesia
- LBH Netherlands Bv - Netherlands
- Simpson Spence & Young - Indonesia
- Timah Investasi Mineral - Indoneisa
- Anglo American - United Kingdom
- Makarim & Taira - Indonesia
- Ministry of Transport, Egypt
- Star Paper Mills Limited - India
- New Zealand Coal & Carbon
- Central Java Power - Indonesia
- MS Steel International - UAE
- Cement Manufacturers Association - India
- Grasim Industreis Ltd - India
- Economic Council, Georgia
- Indogreen Group - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Straits Asia Resources Limited - Singapore
- The University of Queensland
- Thai Mozambique Logistica
- Agrawal Coal Company - India
- Jindal Steel & Power Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- ICICI Bank Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- IEA Clean Coal Centre - UK
- Global Green Power PLC Corporation, Philippines
- Eastern Energy - Thailand
- Pendopo Energi Batubara - Indonesia
- Savvy Resources Ltd - HongKong
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Rashtriya Ispat Nigam Limited - India
- South Luzon Thermal Energy Corporation
- Goldman Sachs - Singapore
- Kapuas Tunggal Persada - Indonesia
- Ind-Barath Power Infra Limited - India
- Samtan Co., Ltd - South Korea
- Indian Oil Corporation Limited
- Standard Chartered Bank - UAE
- Semirara Mining Corp, Philippines
- GAC Shipping (India) Pvt Ltd
- Carbofer General Trading SA - India
- Gujarat Electricity Regulatory Commission - India
- Georgia Ports Authority, United States
- Gujarat Sidhee Cement - India
- Kohat Cement Company Ltd. - Pakistan
- Kumho Petrochemical, South Korea
- Gujarat Mineral Development Corp Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Maheswari Brothers Coal Limited - India
- Essar Steel Hazira Ltd - India
- Wood Mackenzie - Singapore
- CNBM International Corporation - China
- Barasentosa Lestari - Indonesia
- Coastal Gujarat Power Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Wilmar Investment Holdings
- Bhoruka Overseas - Indonesia
- Xindia Steels Limited - India
- Uttam Galva Steels Limited - India
- GVK Power & Infra Limited - India
- Bulk Trading Sa - Switzerland
- European Bulk Services B.V. - Netherlands
- Independent Power Producers Association of India
- Chamber of Mines of South Africa
- Energy Development Corp, Philippines
- Lanco Infratech Ltd - India
- Thiess Contractors Indonesia
- Bayan Resources Tbk. - Indonesia
- Petron Corporation, Philippines
- Heidelberg Cement - Germany
- SMC Global Power, Philippines
- Toyota Tsusho Corporation, Japan
- Sindya Power Generating Company Private Ltd
- Mercator Lines Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Cigading International Bulk Terminal - Indonesia
- Bukit Makmur.PT - Indonesia
- Intertek Mineral Services - Indonesia
- Meenaskhi Energy Private Limited - India
- Interocean Group of Companies - India
- Planning Commission, India
- Kalimantan Lumbung Energi - Indonesia
- SN Aboitiz Power Inc, Philippines
- Parliament of New Zealand
- CIMB Investment Bank - Malaysia
- Altura Mining Limited, Indonesia
- Globalindo Alam Lestari - Indonesia
- Ambuja Cements Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Jaiprakash Power Ventures ltd
- Formosa Plastics Group - Taiwan
- VISA Power Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Salva Resources Pvt Ltd - India
- The Treasury - Australian Government
- Renaissance Capital - South Africa
- Ministry of Mines - Canada
- Baramulti Group, Indonesia
- Krishnapatnam Port Company Ltd. - India
- OPG Power Generation Pvt Ltd - India
- Medco Energi Mining Internasional
- Sarangani Energy Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Billiton Holdings Pty Ltd - Australia
- Mercuria Energy - Indonesia
- GMR Energy Limited - India
- Africa Commodities Group - South Africa
- AsiaOL BioFuels Corp., Philippines
- Holcim Trading Pte Ltd - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Tamil Nadu electricity Board
- Therma Luzon, Inc, Philippines
- Australian Commodity Traders Exchange
- Deloitte Consulting - India
- TeaM Sual Corporation - Philippines
- Sical Logistics Limited - India
- Mjunction Services Limited - India
- Vizag Seaport Private Limited - India
- Chettinad Cement Corporation Ltd - India
- Price Waterhouse Coopers - Russia
- Parry Sugars Refinery, India
- Karbindo Abesyapradhi - Indoneisa
- GN Power Mariveles Coal Plant, Philippines
- Aboitiz Power Corporation - Philippines
- Meralco Power Generation, Philippines
- Singapore Mercantile Exchange
- Aditya Birla Group - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Latin American Coal - Colombia
- Minerals Council of Australia
- Madhucon Powers Ltd - India
- PowerSource Philippines DevCo
- Ceylon Electricity Board - Sri Lanka
- Australian Coal Association
- Bahari Cakrawala Sebuku - Indonesia
- Bhatia International Limited - India
- International Coal Ventures Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- India Bulls Power Limited - India
- Siam City Cement PLC, Thailand
- Posco Energy - South Korea
- Oldendorff Carriers - Singapore
- Electricity Generating Authority of Thailand
- Binh Thuan Hamico - Vietnam
- TNB Fuel Sdn Bhd - Malaysia
- Romanian Commodities Exchange
- Sinarmas Energy and Mining - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Mintek Dendrill Indonesia
- Kobexindo Tractors - Indoneisa
- Sakthi Sugars Limited - India
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