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Monday, 12 November 12
BARGE-LOAD OF 5K TONNES OF COAL FROM THE ADK JOINT VENTURE SHIPPED LAST WEEK
COALspot.com - Orpheus Energy (ASX:OEG) has announced that, it has successfully shipped a 5,000 tonne of ADK thermal coal to an Indonesian trading group.
According to a note from Orpheus Energy, this shipment, the first since the recent unseasonal heavy rain and major flooding in the Kintap area, is a trial shipment for the trading group, which is negotiating with Orpheus to enter into a regular supply contract. The coal has a typical South Kalimantan product specification of 5500-5300 Kcal/Kg (ADB), and is low in ash and sulphur.
This trial shipment earns the ADK Joint Venture a ~$5 per tonne net margin (OEG has a 50% equity interest in ADK). Long-term and spot contracts are under negotiation for the current 50,000+ tonne stockpile and ongoing production.
- First coal sales achieved after recent flooding of South Kalimantan Kintap area
- Barge-load of 5000 tonnes from the ADK Joint Venture shipped last week
- 50,000+ tonnes on coal stockpile awaiting delivery to buyers this month
The SKJM port is located approximately 6km from the ADK coal mine. Travel time is about two hours by barge to ships offshore where the loading time is then about 6-7 hours per barge. There is sufficient infrastructure capacity at SKJM and the nearby SSDK port for Orpheus to achieve its initial production target of 50,000 tonnes per month.
Executive Chairman Wayne Mitchell said: “We are very pleased to report to shareholders that our ADK mine is operational again and that we are selling coal. Despite the current challenging trading conditions, Orpheus is still able to make a profit on sales, and as we ramp up production to our target 50,000 tonnes per month, the net margin is expected to increase. We are on target to becoming a cash-flow positive company in the near term”.
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Tuesday, 27 November 12
NEWCASTLE PORT HAS SHIPPED 1.79 MILLION TONS OF COAL W/E 26 NOVEMBER
COALspot.com - Newcastle port in Australia has loaded 1,793,841 MT of thermal and coking coal for week ended 0700 hours 26 November 2012, Newc ...
Sunday, 25 November 12
INDONESIA TO INDIA SUPRAMAX FREIGHT RATES ARE EXPECTED TO BE FIRM - VISTAAR
COALspot.com - The freight market was buoyant this week with all sectors up except for the Cape size index. The BDI was up by 5.21 pct closing at 10 ...
Sunday, 25 November 12
INDONESIAN SUB BITUMINOUS COAL SWAP CONTRACTS SLIDE
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for February 2013 delivery lost 0.76percent WoW but gained 0.16 percent DoD on Friday ...
Saturday, 24 November 12
DELTA DUNIA MAKMUR PRODUCES 3.2 MILLION TONS OF COAL IN OCTOBER
COALspot.com - PT Delta Dunia Makmur Tbk., has removed 31.1 million bcm* (-4.0% YoY) of Overburden in October 2012 totaled while coal production was ...
Friday, 23 November 12
CHOOSING THE RIGHT TIME TO INVEST IN NEW VESSELS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Shipping is all about timing, a process often rising to the height of artform, as ship owners are having to pick the exact moment of selling most of ...
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- Malabar Cements Ltd - India
- Global Business Power Corporation, Philippines
- Toyota Tsusho Corporation, Japan
- Bukit Baiduri Energy - Indonesia
- McConnell Dowell - Australia
- Star Paper Mills Limited - India
- Energy Development Corp, Philippines
- Merrill Lynch Commodities Europe
- Kartika Selabumi Mining - Indonesia
- Georgia Ports Authority, United States
- Petrochimia International Co. Ltd.- Taiwan
- Grasim Industreis Ltd - India
- Therma Luzon, Inc, Philippines
- GVK Power & Infra Limited - India
- SN Aboitiz Power Inc, Philippines
- Goldman Sachs - Singapore
- Kapuas Tunggal Persada - Indonesia
- TeaM Sual Corporation - Philippines
- Jindal Steel & Power Ltd - India
- Posco Energy - South Korea
- Standard Chartered Bank - UAE
- Siam City Cement - Thailand
- Gujarat Mineral Development Corp Ltd - India
- Indika Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Tata Chemicals Ltd - India
- IEA Clean Coal Centre - UK
- Bayan Resources Tbk. - Indonesia
- Ministry of Mines - Canada
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Billiton Holdings Pty Ltd - Australia
- Latin American Coal - Colombia
- Parry Sugars Refinery, India
- Aditya Birla Group - India
- Indogreen Group - Indonesia
- Commonwealth Bank - Australia
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- International Coal Ventures Pvt Ltd - India
- The Treasury - Australian Government
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- Indian Energy Exchange, India
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Semirara Mining and Power Corporation, Philippines
- Edison Trading Spa - Italy
- Ind-Barath Power Infra Limited - India
- Deloitte Consulting - India
- Economic Council, Georgia
- Bahari Cakrawala Sebuku - Indonesia
- Minerals Council of Australia
- Independent Power Producers Association of India
- Kumho Petrochemical, South Korea
- Salva Resources Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- The University of Queensland
- Bhatia International Limited - India
- Meralco Power Generation, Philippines
- VISA Power Limited - India
- Gujarat Sidhee Cement - India
- Global Coal Blending Company Limited - Australia
- OPG Power Generation Pvt Ltd - India
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- Directorate Of Revenue Intelligence - India
- Sarangani Energy Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- London Commodity Brokers - England
- Riau Bara Harum - Indonesia
- PTC India Limited - India
- Bulk Trading Sa - Switzerland
- Chamber of Mines of South Africa
- Trasteel International SA, Italy
- Karbindo Abesyapradhi - Indoneisa
- White Energy Company Limited
- Planning Commission, India
- ASAPP Information Group - India
- Directorate General of MIneral and Coal - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Baramulti Group, Indonesia
- Jaiprakash Power Ventures ltd
- Ministry of Transport, Egypt
- Chettinad Cement Corporation Ltd - India
- Medco Energi Mining Internasional
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Globalindo Alam Lestari - Indonesia
- Australian Coal Association
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- India Bulls Power Limited - India
- Bukit Makmur.PT - Indonesia
- Indonesian Coal Mining Association
- Sree Jayajothi Cements Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Antam Resourcindo - Indonesia
- Aboitiz Power Corporation - Philippines
- Cement Manufacturers Association - India
- Electricity Authority, New Zealand
- Simpson Spence & Young - Indonesia
- Parliament of New Zealand
- Kaltim Prima Coal - Indonesia
- PowerSource Philippines DevCo
- Agrawal Coal Company - India
- Bhoruka Overseas - Indonesia
- Eastern Energy - Thailand
- Port Waratah Coal Services - Australia
- San Jose City I Power Corp, Philippines
- Thiess Contractors Indonesia
- GAC Shipping (India) Pvt Ltd
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- Makarim & Taira - Indonesia
- Romanian Commodities Exchange
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- Wilmar Investment Holdings
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- Iligan Light & Power Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Mercator Lines Limited - India
- Savvy Resources Ltd - HongKong
- Indian Oil Corporation Limited
- CNBM International Corporation - China
- GMR Energy Limited - India
- Orica Australia Pty. Ltd.
- Kideco Jaya Agung - Indonesia
- Power Finance Corporation Ltd., India
- MS Steel International - UAE
- Tamil Nadu electricity Board
- Ambuja Cements Ltd - India
- Samtan Co., Ltd - South Korea
- Bharathi Cement Corporation - India
- Central Electricity Authority - India
- LBH Netherlands Bv - Netherlands
- Attock Cement Pakistan Limited
- SMG Consultants - Indonesia
- Gujarat Electricity Regulatory Commission - India
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- Indo Tambangraya Megah - Indonesia
- Interocean Group of Companies - India
- Cigading International Bulk Terminal - Indonesia
- Banpu Public Company Limited - Thailand
- Formosa Plastics Group - Taiwan
- Bhushan Steel Limited - India
- ICICI Bank Limited - India
- Carbofer General Trading SA - India
- Orica Mining Services - Indonesia
- Thai Mozambique Logistica
- Mercuria Energy - Indonesia
- Energy Link Ltd, New Zealand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- New Zealand Coal & Carbon
- PetroVietnam Power Coal Import and Supply Company
- Singapore Mercantile Exchange
- Manunggal Multi Energi - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Sinarmas Energy and Mining - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- European Bulk Services B.V. - Netherlands
- Timah Investasi Mineral - Indoneisa
- Maharashtra Electricity Regulatory Commission - India
- Lanco Infratech Ltd - India
- Eastern Coal Council - USA
- Global Green Power PLC Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Mjunction Services Limited - India
- Larsen & Toubro Limited - India
- Holcim Trading Pte Ltd - Singapore
- Sojitz Corporation - Japan
- Wood Mackenzie - Singapore
- Madhucon Powers Ltd - India
- Altura Mining Limited, Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Australian Commodity Traders Exchange
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- Barasentosa Lestari - Indonesia
- Xindia Steels Limited - India
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- Kohat Cement Company Ltd. - Pakistan
- Leighton Contractors Pty Ltd - Australia
- Kepco SPC Power Corporation, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Coastal Gujarat Power Limited - India
- Electricity Generating Authority of Thailand
- Rio Tinto Coal - Australia
- Straits Asia Resources Limited - Singapore
- IHS Mccloskey Coal Group - USA
- Semirara Mining Corp, Philippines
- Marubeni Corporation - India
- Uttam Galva Steels Limited - India
- Intertek Mineral Services - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Karaikal Port Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Petron Corporation, Philippines
- Anglo American - United Kingdom
- Sindya Power Generating Company Private Ltd
- Coalindo Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Renaissance Capital - South Africa
- Alfred C Toepfer International GmbH - Germany
- AsiaOL BioFuels Corp., Philippines
- Mintek Dendrill Indonesia
- Oldendorff Carriers - Singapore
- Sical Logistics Limited - India
- The State Trading Corporation of India Ltd
- Ministry of Finance - Indonesia
- Metalloyd Limited - United Kingdom
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- Videocon Industries ltd - India
- Price Waterhouse Coopers - Russia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Africa Commodities Group - South Africa
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