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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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Monday, 10 September 12
TNPL, AN INDIAN PAPER MAKER IS SEEKING FOR 300K MT OF IMPORTED NON-COKING COAL
COALspot.com - Tamil Nadu Newsprint & Papers Ltd. , an Indian paper maker, is seeking 300,000 metric tons ± 5% (In 6 Shipments about 50,0 ...
Monday, 10 September 12
DRY BULK MARKET SLOWLY BUT SURELY REACHING CRITICAL STATUS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The radical consequences of the shifts in dry bulk demand and prices, especially for the most sought after commodity, concerning the industry, i.e. ...
Monday, 10 September 12
A SNAPSHOT ON THE ECONOMIC AND SHIPPING ENVIRONMENT - GOLDEN DESTINY / HELLENIC SHIPPING
The European Central Bank left its interest rate unchanged at 0.75% focusing on pushing down borrowing costs in troubled economies, Spain and Italy. ...
Sunday, 09 September 12
H213 SUB-BIT FOB INDONESIA COAL SWAPS ARE TRADING HIGHER
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for October 2012 delivery lost 0.14 percent W-O-W on 7 September 2012, Friday closing but gained ...
Saturday, 08 September 12
INDO INDIA ROUTE FREIGHT FOR SUPRAMAX REMAINS STRONG - CAPT. REDDY
COALspot.com - The freight market overall remained weak and except for cape index all other sectors were down. The biggest drop was in the Panamax s ...
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- Simpson Spence & Young - Indonesia
- Siam City Cement PLC, Thailand
- Salva Resources Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Romanian Commodities Exchange
- Jaiprakash Power Ventures ltd
- Mercuria Energy - Indonesia
- Central Electricity Authority - India
- TeaM Sual Corporation - Philippines
- Antam Resourcindo - Indonesia
- Sakthi Sugars Limited - India
- Maheswari Brothers Coal Limited - India
- Price Waterhouse Coopers - Russia
- Mjunction Services Limited - India
- South Luzon Thermal Energy Corporation
- Dalmia Cement Bharat India
- Indika Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- Madhucon Powers Ltd - India
- Thai Mozambique Logistica
- Karbindo Abesyapradhi - Indoneisa
- Sical Logistics Limited - India
- OPG Power Generation Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Eastern Coal Council - USA
- Thiess Contractors Indonesia
- Indo Tambangraya Megah - Indonesia
- Formosa Plastics Group - Taiwan
- Jorong Barutama Greston.PT - Indonesia
- Petron Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Bayan Resources Tbk. - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Aditya Birla Group - India
- Rio Tinto Coal - Australia
- Tamil Nadu electricity Board
- Port Waratah Coal Services - Australia
- Kaltim Prima Coal - Indonesia
- Samtan Co., Ltd - South Korea
- Kobexindo Tractors - Indoneisa
- Sindya Power Generating Company Private Ltd
- Electricity Generating Authority of Thailand
- Bangladesh Power Developement Board
- Bukit Asam (Persero) Tbk - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Africa Commodities Group - South Africa
- Energy Development Corp, Philippines
- Videocon Industries ltd - India
- MS Steel International - UAE
- Iligan Light & Power Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Parry Sugars Refinery, India
- Rashtriya Ispat Nigam Limited - India
- Ministry of Mines - Canada
- Gujarat Electricity Regulatory Commission - India
- Malabar Cements Ltd - India
- Attock Cement Pakistan Limited
- Bulk Trading Sa - Switzerland
- Sarangani Energy Corporation, Philippines
- Kumho Petrochemical, South Korea
- AsiaOL BioFuels Corp., Philippines
- Energy Link Ltd, New Zealand
- Mercator Lines Limited - India
- Ministry of Transport, Egypt
- Lanco Infratech Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Chamber of Mines of South Africa
- Mintek Dendrill Indonesia
- Singapore Mercantile Exchange
- Manunggal Multi Energi - Indonesia
- PowerSource Philippines DevCo
- ASAPP Information Group - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Borneo Indobara - Indonesia
- Goldman Sachs - Singapore
- GMR Energy Limited - India
- Cigading International Bulk Terminal - Indonesia
- Merrill Lynch Commodities Europe
- Australian Coal Association
- India Bulls Power Limited - India
- Baramulti Group, Indonesia
- McConnell Dowell - Australia
- Holcim Trading Pte Ltd - Singapore
- Meenaskhi Energy Private Limited - India
- Bukit Makmur.PT - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Kideco Jaya Agung - Indonesia
- SMC Global Power, Philippines
- Xindia Steels Limited - India
- Power Finance Corporation Ltd., India
- Kalimantan Lumbung Energi - Indonesia
- Orica Mining Services - Indonesia
- Renaissance Capital - South Africa
- IEA Clean Coal Centre - UK
- Carbofer General Trading SA - India
- Medco Energi Mining Internasional
- Agrawal Coal Company - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Directorate Of Revenue Intelligence - India
- Global Business Power Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Trasteel International SA, Italy
- Alfred C Toepfer International GmbH - Germany
- Riau Bara Harum - Indonesia
- Posco Energy - South Korea
- Kepco SPC Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Tata Chemicals Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Parliament of New Zealand
- VISA Power Limited - India
- Minerals Council of Australia
- Coalindo Energy - Indonesia
- London Commodity Brokers - England
- Meralco Power Generation, Philippines
- Savvy Resources Ltd - HongKong
- Metalloyd Limited - United Kingdom
- CNBM International Corporation - China
- PNOC Exploration Corporation - Philippines
- Global Green Power PLC Corporation, Philippines
- Indian Energy Exchange, India
- PetroVietnam Power Coal Import and Supply Company
- Billiton Holdings Pty Ltd - Australia
- Wood Mackenzie - Singapore
- ICICI Bank Limited - India
- Latin American Coal - Colombia
- Miang Besar Coal Terminal - Indonesia
- Central Java Power - Indonesia
- Sree Jayajothi Cements Limited - India
- Timah Investasi Mineral - Indoneisa
- Edison Trading Spa - Italy
- Indonesian Coal Mining Association
- Grasim Industreis Ltd - India
- Sojitz Corporation - Japan
- Uttam Galva Steels Limited - India
- The State Trading Corporation of India Ltd
- Ministry of Finance - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Indian Oil Corporation Limited
- Global Coal Blending Company Limited - Australia
- Orica Australia Pty. Ltd.
- Globalindo Alam Lestari - Indonesia
- GVK Power & Infra Limited - India
- Wilmar Investment Holdings
- Barasentosa Lestari - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- LBH Netherlands Bv - Netherlands
- Makarim & Taira - Indonesia
- Interocean Group of Companies - India
- The University of Queensland
- Independent Power Producers Association of India
- Aboitiz Power Corporation - Philippines
- Pendopo Energi Batubara - Indonesia
- Coal and Oil Company - UAE
- Indogreen Group - Indonesia
- Leighton Contractors Pty Ltd - Australia
- SMG Consultants - Indonesia
- Ambuja Cements Ltd - India
- Commonwealth Bank - Australia
- Bharathi Cement Corporation - India
- Banpu Public Company Limited - Thailand
- The Treasury - Australian Government
- Straits Asia Resources Limited - Singapore
- Coastal Gujarat Power Limited - India
- Bhushan Steel Limited - India
- Planning Commission, India
- Vijayanagar Sugar Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- New Zealand Coal & Carbon
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Marubeni Corporation - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ind-Barath Power Infra Limited - India
- Bhatia International Limited - India
- European Bulk Services B.V. - Netherlands
- Cement Manufacturers Association - India
- Intertek Mineral Services - Indonesia
- Vedanta Resources Plc - India
- Georgia Ports Authority, United States
- Siam City Cement - Thailand
- Deloitte Consulting - India
- SN Aboitiz Power Inc, Philippines
- Toyota Tsusho Corporation, Japan
- Bhoruka Overseas - Indonesia
- White Energy Company Limited
- Altura Mining Limited, Indonesia
- Essar Steel Hazira Ltd - India
- Heidelberg Cement - Germany
- Pipit Mutiara Jaya. PT, Indonesia
- San Jose City I Power Corp, Philippines
- Anglo American - United Kingdom
- IHS Mccloskey Coal Group - USA
- PTC India Limited - India
- Australian Commodity Traders Exchange
- Economic Council, Georgia
- Larsen & Toubro Limited - India
- Electricity Authority, New Zealand
- Semirara Mining and Power Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Chettinad Cement Corporation Ltd - India
- Star Paper Mills Limited - India
- CIMB Investment Bank - Malaysia
- Directorate General of MIneral and Coal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Oldendorff Carriers - Singapore
- Jindal Steel & Power Ltd - India
- Gujarat Sidhee Cement - India
- Standard Chartered Bank - UAE
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GAC Shipping (India) Pvt Ltd
- Binh Thuan Hamico - Vietnam
- Therma Luzon, Inc, Philippines
- Eastern Energy - Thailand
- Vizag Seaport Private Limited - India
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