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Monday, 10 September 12
ORPHEUS ENERGY SECURES INDONESIAN COAL TRADING LICENSE
COALspot.com - Indonesian coal producer, Orpheus Energy (ASX:OEG) has announced today that the Indonesian Ministry of Energy and Mineral Resources has approved the application by OEG’s fully owned subsidiary PT Orpheus Energy for an independent coal trading license, a press release from company said.
The coal trading license provides OEG with a new potential profit centre as it enables the company to not only sell its own coal but also production from other miners. Targeting power stations and trading groups from India, South China and Thailand, it is anticipated that OEG will ramp up its current trading volume of approx. 30,000t/month to several hundred thousand tonnes per month over the coming year.
Coal trading in Indonesia typically earns $1-$3 per tonne net margin for the coal trader.
Executive Chairman Wayne Mitchell said: “We have been working on securing our own coal trading license for some time and I am delighted that we are now able to add the next element to our overall Indonesian vertical integration strategy of coal exploration and production, coal trading and infrastructure. Trading our own and other miners’ coal provides Orpheus the flexibility and diversification to protect and enhance company earnings, particularly in a low coal price environment.”
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Friday, 28 September 12
DRY BULK SECOND HAND VESSELS ON HIGH DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Despite the demise of the dry bulk market and the collapse of freight rates since the beginning of 2012, on the back of record breaking newbuilding ...
Thursday, 27 September 12
MINING RE-COMMENCES AT ORPHEUS' B2 EAST KALIMANTAN COAL PROJECT
- B2 project overburden removal completed and coal exposed
- Coal getting has commenced with target production of 30,000tpm
- Orpheus to re ...
Thursday, 27 September 12
HANDY: THE PACIFIC MARKET IS GETTING WEAKER WITH UPCOMING GOLDEN WEEK HOLIDAYS - FEARNLEYS AS
Handy
Yet another week with rates softening in all trades. Especially owners with ships open Continent struggle to find employment paying decent mo ...
Thursday, 27 September 12
DRY BULK MARKET LOSES STEAM - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The rise of the BDI (Baltic Dry Index), the dry bulk industry’s benchmark during the course of the previous week, proved to be short-lived, as ...
Wednesday, 26 September 12
NEWBUILDING ORDERING ACTIVITY REMAINS SUBDUED ON GLOBAL MARKET UNCERTAINTY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Newbuilding ordering activity has been on the down side during the past few weeks, a trend also noticeable during the course of the past few days, a ...
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- Gujarat Sidhee Cement - India
- Agrawal Coal Company - India
- Sarangani Energy Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Essar Steel Hazira Ltd - India
- Parliament of New Zealand
- Coastal Gujarat Power Limited - India
- Uttam Galva Steels Limited - India
- Banpu Public Company Limited - Thailand
- LBH Netherlands Bv - Netherlands
- Bukit Makmur.PT - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Central Electricity Authority - India
- Iligan Light & Power Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- GVK Power & Infra Limited - India
- Xindia Steels Limited - India
- SN Aboitiz Power Inc, Philippines
- White Energy Company Limited
- MS Steel International - UAE
- Holcim Trading Pte Ltd - Singapore
- Bhoruka Overseas - Indonesia
- Wilmar Investment Holdings
- Indian Energy Exchange, India
- Electricity Generating Authority of Thailand
- Manunggal Multi Energi - Indonesia
- Orica Australia Pty. Ltd.
- Miang Besar Coal Terminal - Indonesia
- PTC India Limited - India
- Edison Trading Spa - Italy
- Rashtriya Ispat Nigam Limited - India
- OPG Power Generation Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- SMC Global Power, Philippines
- Riau Bara Harum - Indonesia
- Trasteel International SA, Italy
- Chettinad Cement Corporation Ltd - India
- Timah Investasi Mineral - Indoneisa
- Gujarat Electricity Regulatory Commission - India
- Meenaskhi Energy Private Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Eastern Energy - Thailand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mercuria Energy - Indonesia
- Intertek Mineral Services - Indonesia
- Indogreen Group - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Billiton Holdings Pty Ltd - Australia
- Indian Oil Corporation Limited
- Ceylon Electricity Board - Sri Lanka
- Maheswari Brothers Coal Limited - India
- Minerals Council of Australia
- SMG Consultants - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Tamil Nadu electricity Board
- CNBM International Corporation - China
- Antam Resourcindo - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Chamber of Mines of South Africa
- Videocon Industries ltd - India
- Larsen & Toubro Limited - India
- Rio Tinto Coal - Australia
- Medco Energi Mining Internasional
- Straits Asia Resources Limited - Singapore
- Krishnapatnam Port Company Ltd. - India
- Sindya Power Generating Company Private Ltd
- Globalindo Alam Lestari - Indonesia
- Star Paper Mills Limited - India
- South Luzon Thermal Energy Corporation
- India Bulls Power Limited - India
- Bangladesh Power Developement Board
- Barasentosa Lestari - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Bharathi Cement Corporation - India
- Leighton Contractors Pty Ltd - Australia
- Romanian Commodities Exchange
- Indonesian Coal Mining Association
- Energy Link Ltd, New Zealand
- Malabar Cements Ltd - India
- Siam City Cement - Thailand
- Kartika Selabumi Mining - Indonesia
- Ambuja Cements Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Independent Power Producers Association of India
- Global Green Power PLC Corporation, Philippines
- Mercator Lines Limited - India
- Makarim & Taira - Indonesia
- PowerSource Philippines DevCo
- Directorate Of Revenue Intelligence - India
- Baramulti Group, Indonesia
- Interocean Group of Companies - India
- Parry Sugars Refinery, India
- Energy Development Corp, Philippines
- Cement Manufacturers Association - India
- Commonwealth Bank - Australia
- Lanco Infratech Ltd - India
- CIMB Investment Bank - Malaysia
- Dalmia Cement Bharat India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Borneo Indobara - Indonesia
- New Zealand Coal & Carbon
- Mintek Dendrill Indonesia
- Vedanta Resources Plc - India
- Aboitiz Power Corporation - Philippines
- Kobexindo Tractors - Indoneisa
- Semirara Mining Corp, Philippines
- Renaissance Capital - South Africa
- Ministry of Finance - Indonesia
- Sojitz Corporation - Japan
- Thai Mozambique Logistica
- Meralco Power Generation, Philippines
- Tata Chemicals Ltd - India
- Oldendorff Carriers - Singapore
- Kideco Jaya Agung - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Sree Jayajothi Cements Limited - India
- Coal and Oil Company - UAE
- Singapore Mercantile Exchange
- Indika Energy - Indonesia
- Electricity Authority, New Zealand
- ASAPP Information Group - India
- Sical Logistics Limited - India
- International Coal Ventures Pvt Ltd - India
- Africa Commodities Group - South Africa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Australian Commodity Traders Exchange
- Power Finance Corporation Ltd., India
- Carbofer General Trading SA - India
- Australian Coal Association
- Simpson Spence & Young - Indonesia
- San Jose City I Power Corp, Philippines
- Kapuas Tunggal Persada - Indonesia
- Bhushan Steel Limited - India
- Aditya Birla Group - India
- Petrochimia International Co. Ltd.- Taiwan
- AsiaOL BioFuels Corp., Philippines
- Price Waterhouse Coopers - Russia
- Bayan Resources Tbk. - Indonesia
- Ind-Barath Power Infra Limited - India
- Bhatia International Limited - India
- Attock Cement Pakistan Limited
- Bukit Asam (Persero) Tbk - Indonesia
- Altura Mining Limited, Indonesia
- Latin American Coal - Colombia
- Siam City Cement PLC, Thailand
- London Commodity Brokers - England
- Directorate General of MIneral and Coal - Indonesia
- Kaltim Prima Coal - Indonesia
- TeaM Sual Corporation - Philippines
- Sakthi Sugars Limited - India
- McConnell Dowell - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Economic Council, Georgia
- Formosa Plastics Group - Taiwan
- Anglo American - United Kingdom
- Merrill Lynch Commodities Europe
- Deloitte Consulting - India
- Posco Energy - South Korea
- Heidelberg Cement - Germany
- Savvy Resources Ltd - HongKong
- The Treasury - Australian Government
- PNOC Exploration Corporation - Philippines
- Standard Chartered Bank - UAE
- Georgia Ports Authority, United States
- Orica Mining Services - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Thiess Contractors Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Karbindo Abesyapradhi - Indoneisa
- Central Java Power - Indonesia
- IEA Clean Coal Centre - UK
- Pendopo Energi Batubara - Indonesia
- European Bulk Services B.V. - Netherlands
- Petron Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Binh Thuan Hamico - Vietnam
- Neyveli Lignite Corporation Ltd, - India
- Kumho Petrochemical, South Korea
- Jaiprakash Power Ventures ltd
- Vizag Seaport Private Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Grasim Industreis Ltd - India
- Coalindo Energy - Indonesia
- Madhucon Powers Ltd - India
- Ministry of Mines - Canada
- Bulk Trading Sa - Switzerland
- Samtan Co., Ltd - South Korea
- GN Power Mariveles Coal Plant, Philippines
- Wood Mackenzie - Singapore
- Planning Commission, India
- ICICI Bank Limited - India
- Marubeni Corporation - India
- Karaikal Port Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- IHS Mccloskey Coal Group - USA
- Salva Resources Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Eastern Coal Council - USA
- VISA Power Limited - India
- The University of Queensland
- Jorong Barutama Greston.PT - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kepco SPC Power Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Bukit Baiduri Energy - Indonesia
- Therma Luzon, Inc, Philippines
- Goldman Sachs - Singapore
- The State Trading Corporation of India Ltd
- Jindal Steel & Power Ltd - India
- GAC Shipping (India) Pvt Ltd
- Port Waratah Coal Services - Australia
- GMR Energy Limited - India
- Mjunction Services Limited - India
- Ministry of Transport, Egypt
- Metalloyd Limited - United Kingdom
- Global Coal Blending Company Limited - Australia
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