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Thursday, 26 April 12
ADK SHIPPED 28,000 TONNES OF COAL THIS MONTH
COALspot.com - Orpheus Energy (ASX:OEG) has announced that four coal barges carrying a total of approximately 28,000 tonnes of ADK (Alam Duta Kalimantan) thermal coal have successfully been shipped out of the SSDK port and sold to an Indonesian trading group.
According to press release of the company, the coal has a typical South Kalimantan product specification of 5500-5300 Kcal/Kg (ADB), and is low in ash and sulphur. Coal quality assays are expected in the next fortnight and once received, final pricing will be agreed.
The SSDK port, located approximately 15km from the ADK coal mine, and some 10km down the coast from the PCMU (“Citra”) port, provides additional available capacity for Orpheus Energy coal exports.
Executive Chairman Wayne Mitchell said: “We are delighted that the Joint Venture has been able to progress so quickly into coal exports since we first announced Orpheus had secured a 50% equity interest in the ADK coal (Alam Duta Kalimantan) project, in March 2012. The SSDK port provides Orpheus with valuable extra capacity to increase our export tonnage, which we intend to aggressively pursue over the coming months”.
Source: Six Degrees Investor Relations
About Orpheus Energy Limited
Orpheus Energy Limited (“OEG”) is a coal company focusing on coal production and exploration in Indonesia. OEG also owns some Australian coal and industrial minerals projects. Orpheus has signed a strategic alliance with PT Mega Coal International (‘Mega’) which is an existing coal producer and exporter. Orpheus is on a fast track to growth, through increasing production at the recently acquired ADK project, moving its B26/34 projects into production, definitive exploration programmes at the Papua project and acquiring near term production assets.
About PT Mega Coal
PT Mega Coal is a privately-held coal mining company with an extensive local network and mining experience in Indonesia. OEG has an existing strategic alliance with PT Mega Coal, notably including its joint ventures for ADK, B26/B34 and Papua. The strategic alliance with PT Mega Coal enables the opportunity for continued additional coal concessions in Indonesia.
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Tuesday, 22 May 12
NEW ONE-YEAR TIME CHARTERS FOR TWO VESSELS OF EXCEL MARITIME CARRIERS LTD.
Excel Maritime Carriers Ltd. (NYSE: EXM), an owner and operator of dry bulk carriers and an international provider of worldwide seaborne transportat ...
Tuesday, 22 May 12
DRY BULK MARKET STEADY, AWAITING FURTHER RISE IN DEMAND WHICH IS DOUBTFUL - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Traditionally, the second and third quarters of the year are the strongest for the dry bulk market, but this year, things seem to be quite subdued, ...
Sunday, 20 May 12
SPOT FREIGHT RATE DIPS FURTHER - VISTAAR
COALspot.com - The BDI was marginally up by 3 points (0.26 pct) closing at 1,141 points.
The cape index was up by 1.17 pct closing at 1,633 point ...
Saturday, 19 May 12
INDONESIAN SUB-BITUMINOUS COAL SWAPS DROP US$ 2.88 PMT W-O-W
COALspot.com - Indonesian sub-bituminous coal swaps and CFR South China coal contracts for June deliveries have drops this week by 3.86 percent and& ...
Saturday, 19 May 12
INDONESIAN EXPORT TAX GIVES COAL MINERS A CHEAP RIDE: ANALYSTS - THE JAKARTA GLOBE
The Jakarta Globe reported that, Indonesia’s policy to exclude coal from an export tax that has been applied to 14 other mineral commodities h ...
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- Leighton Contractors Pty Ltd - Australia
- Gujarat Electricity Regulatory Commission - India
- India Bulls Power Limited - India
- Salva Resources Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Antam Resourcindo - Indonesia
- Wilmar Investment Holdings
- Globalindo Alam Lestari - Indonesia
- Essar Steel Hazira Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Australian Coal Association
- Siam City Cement PLC, Thailand
- Kobexindo Tractors - Indoneisa
- Eastern Energy - Thailand
- AsiaOL BioFuels Corp., Philippines
- Malabar Cements Ltd - India
- Gujarat Sidhee Cement - India
- Singapore Mercantile Exchange
- Bukit Asam (Persero) Tbk - Indonesia
- Sakthi Sugars Limited - India
- Straits Asia Resources Limited - Singapore
- Grasim Industreis Ltd - India
- Posco Energy - South Korea
- Bangladesh Power Developement Board
- Star Paper Mills Limited - India
- LBH Netherlands Bv - Netherlands
- Kaltim Prima Coal - Indonesia
- Minerals Council of Australia
- Billiton Holdings Pty Ltd - Australia
- Iligan Light & Power Inc, Philippines
- Videocon Industries ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Makarim & Taira - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Timah Investasi Mineral - Indoneisa
- Coastal Gujarat Power Limited - India
- Global Coal Blending Company Limited - Australia
- IEA Clean Coal Centre - UK
- Directorate General of MIneral and Coal - Indonesia
- Thai Mozambique Logistica
- Independent Power Producers Association of India
- Coalindo Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Romanian Commodities Exchange
- Price Waterhouse Coopers - Russia
- GN Power Mariveles Coal Plant, Philippines
- Xindia Steels Limited - India
- PTC India Limited - India
- Kideco Jaya Agung - Indonesia
- Merrill Lynch Commodities Europe
- Bukit Baiduri Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- Power Finance Corporation Ltd., India
- New Zealand Coal & Carbon
- Ceylon Electricity Board - Sri Lanka
- Rio Tinto Coal - Australia
- Altura Mining Limited, Indonesia
- Planning Commission, India
- Holcim Trading Pte Ltd - Singapore
- Port Waratah Coal Services - Australia
- Kapuas Tunggal Persada - Indonesia
- Meralco Power Generation, Philippines
- Trasteel International SA, Italy
- Formosa Plastics Group - Taiwan
- Semirara Mining and Power Corporation, Philippines
- Borneo Indobara - Indonesia
- ICICI Bank Limited - India
- Tata Chemicals Ltd - India
- IHS Mccloskey Coal Group - USA
- TNB Fuel Sdn Bhd - Malaysia
- Mjunction Services Limited - India
- McConnell Dowell - Australia
- Global Green Power PLC Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- SMC Global Power, Philippines
- International Coal Ventures Pvt Ltd - India
- Bhatia International Limited - India
- Deloitte Consulting - India
- Global Business Power Corporation, Philippines
- Madhucon Powers Ltd - India
- Sical Logistics Limited - India
- PNOC Exploration Corporation - Philippines
- Orica Australia Pty. Ltd.
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- TeaM Sual Corporation - Philippines
- Simpson Spence & Young - Indonesia
- Sinarmas Energy and Mining - Indonesia
- SN Aboitiz Power Inc, Philippines
- Wood Mackenzie - Singapore
- Jaiprakash Power Ventures ltd
- Miang Besar Coal Terminal - Indonesia
- PowerSource Philippines DevCo
- Commonwealth Bank - Australia
- OPG Power Generation Pvt Ltd - India
- Energy Development Corp, Philippines
- Savvy Resources Ltd - HongKong
- The University of Queensland
- Sindya Power Generating Company Private Ltd
- Georgia Ports Authority, United States
- CNBM International Corporation - China
- Indika Energy - Indonesia
- Orica Mining Services - Indonesia
- Parliament of New Zealand
- Indo Tambangraya Megah - Indonesia
- Cement Manufacturers Association - India
- Siam City Cement - Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Petron Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Kepco SPC Power Corporation, Philippines
- The Treasury - Australian Government
- Standard Chartered Bank - UAE
- White Energy Company Limited
- Cigading International Bulk Terminal - Indonesia
- Heidelberg Cement - Germany
- Baramulti Group, Indonesia
- European Bulk Services B.V. - Netherlands
- GVK Power & Infra Limited - India
- Ministry of Transport, Egypt
- Marubeni Corporation - India
- Larsen & Toubro Limited - India
- Tamil Nadu electricity Board
- Electricity Generating Authority of Thailand
- Vizag Seaport Private Limited - India
- Meenaskhi Energy Private Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Metalloyd Limited - United Kingdom
- Maheswari Brothers Coal Limited - India
- Bayan Resources Tbk. - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Bukit Makmur.PT - Indonesia
- Jindal Steel & Power Ltd - India
- Australian Commodity Traders Exchange
- Bharathi Cement Corporation - India
- Pipit Mutiara Jaya. PT, Indonesia
- Sree Jayajothi Cements Limited - India
- Mercuria Energy - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Indian Energy Exchange, India
- Agrawal Coal Company - India
- Directorate Of Revenue Intelligence - India
- Semirara Mining Corp, Philippines
- Binh Thuan Hamico - Vietnam
- Offshore Bulk Terminal Pte Ltd, Singapore
- Parry Sugars Refinery, India
- Barasentosa Lestari - Indonesia
- Attock Cement Pakistan Limited
- Indogreen Group - Indonesia
- South Luzon Thermal Energy Corporation
- Africa Commodities Group - South Africa
- Interocean Group of Companies - India
- Bhushan Steel Limited - India
- CIMB Investment Bank - Malaysia
- London Commodity Brokers - England
- Latin American Coal - Colombia
- Dalmia Cement Bharat India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Central Java Power - Indonesia
- Central Electricity Authority - India
- Anglo American - United Kingdom
- Vijayanagar Sugar Pvt Ltd - India
- Sojitz Corporation - Japan
- Electricity Authority, New Zealand
- ASAPP Information Group - India
- Riau Bara Harum - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- SMG Consultants - Indonesia
- Uttam Galva Steels Limited - India
- Coal and Oil Company - UAE
- Indonesian Coal Mining Association
- PetroVietnam Power Coal Import and Supply Company
- Indian Oil Corporation Limited
- Lanco Infratech Ltd - India
- Toyota Tsusho Corporation, Japan
- Samtan Co., Ltd - South Korea
- Thiess Contractors Indonesia
- Edison Trading Spa - Italy
- Energy Link Ltd, New Zealand
- Carbofer General Trading SA - India
- Mintek Dendrill Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- MS Steel International - UAE
- GMR Energy Limited - India
- Eastern Coal Council - USA
- Neyveli Lignite Corporation Ltd, - India
- GAC Shipping (India) Pvt Ltd
- Renaissance Capital - South Africa
- Goldman Sachs - Singapore
- Oldendorff Carriers - Singapore
- Aboitiz Power Corporation - Philippines
- Intertek Mineral Services - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Banpu Public Company Limited - Thailand
- Vedanta Resources Plc - India
- Mercator Lines Limited - India
- Aditya Birla Group - India
- Bulk Trading Sa - Switzerland
- Ministry of Mines - Canada
- Bahari Cakrawala Sebuku - Indonesia
- Bhoruka Overseas - Indonesia
- Karaikal Port Pvt Ltd - India
- San Jose City I Power Corp, Philippines
- Medco Energi Mining Internasional
- Karbindo Abesyapradhi - Indoneisa
- Economic Council, Georgia
- Ministry of Finance - Indonesia
- Chamber of Mines of South Africa
- The State Trading Corporation of India Ltd
- Ind-Barath Power Infra Limited - India
- Ambuja Cements Ltd - India
- VISA Power Limited - India
- Kartika Selabumi Mining - Indonesia
- Therma Luzon, Inc, Philippines
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