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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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- Interocean Group of Companies - India
- Commonwealth Bank - Australia
- Global Green Power PLC Corporation, Philippines
- SMG Consultants - Indonesia
- GVK Power & Infra Limited - India
- MS Steel International - UAE
- Parliament of New Zealand
- CIMB Investment Bank - Malaysia
- SMC Global Power, Philippines
- Grasim Industreis Ltd - India
- Timah Investasi Mineral - Indoneisa
- Bukit Baiduri Energy - Indonesia
- Carbofer General Trading SA - India
- Jorong Barutama Greston.PT - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- European Bulk Services B.V. - Netherlands
- Lanco Infratech Ltd - India
- Meenaskhi Energy Private Limited - India
- Intertek Mineral Services - Indonesia
- Baramulti Group, Indonesia
- Samtan Co., Ltd - South Korea
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Rio Tinto Coal - Australia
- Neyveli Lignite Corporation Ltd, - India
- Videocon Industries ltd - India
- Kaltim Prima Coal - Indonesia
- New Zealand Coal & Carbon
- Meralco Power Generation, Philippines
- Australian Commodity Traders Exchange
- Thiess Contractors Indonesia
- Indo Tambangraya Megah - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Petron Corporation, Philippines
- Attock Cement Pakistan Limited
- Savvy Resources Ltd - HongKong
- Madhucon Powers Ltd - India
- Georgia Ports Authority, United States
- Indika Energy - Indonesia
- Wilmar Investment Holdings
- Wood Mackenzie - Singapore
- International Coal Ventures Pvt Ltd - India
- Thai Mozambique Logistica
- Binh Thuan Hamico - Vietnam
- Singapore Mercantile Exchange
- Coastal Gujarat Power Limited - India
- Iligan Light & Power Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- San Jose City I Power Corp, Philippines
- Kobexindo Tractors - Indoneisa
- Deloitte Consulting - India
- TeaM Sual Corporation - Philippines
- Semirara Mining Corp, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sinarmas Energy and Mining - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Indian Energy Exchange, India
- Antam Resourcindo - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Ind-Barath Power Infra Limited - India
- Metalloyd Limited - United Kingdom
- Barasentosa Lestari - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Electricity Generating Authority of Thailand
- Directorate General of MIneral and Coal - Indonesia
- PTC India Limited - India
- Therma Luzon, Inc, Philippines
- Coal and Oil Company - UAE
- Cigading International Bulk Terminal - Indonesia
- IHS Mccloskey Coal Group - USA
- Agrawal Coal Company - India
- Medco Energi Mining Internasional
- Price Waterhouse Coopers - Russia
- OPG Power Generation Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Kapuas Tunggal Persada - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Krishnapatnam Port Company Ltd. - India
- Karaikal Port Pvt Ltd - India
- Ministry of Transport, Egypt
- AsiaOL BioFuels Corp., Philippines
- Alfred C Toepfer International GmbH - Germany
- Maheswari Brothers Coal Limited - India
- Renaissance Capital - South Africa
- Gujarat Mineral Development Corp Ltd - India
- Bangladesh Power Developement Board
- India Bulls Power Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Posco Energy - South Korea
- Billiton Holdings Pty Ltd - Australia
- Aboitiz Power Corporation - Philippines
- Star Paper Mills Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Holcim Trading Pte Ltd - Singapore
- Simpson Spence & Young - Indonesia
- Larsen & Toubro Limited - India
- Power Finance Corporation Ltd., India
- Chettinad Cement Corporation Ltd - India
- Anglo American - United Kingdom
- VISA Power Limited - India
- Indian Oil Corporation Limited
- Borneo Indobara - Indonesia
- Dalmia Cement Bharat India
- Pipit Mutiara Jaya. PT, Indonesia
- Global Coal Blending Company Limited - Australia
- Semirara Mining and Power Corporation, Philippines
- Eastern Coal Council - USA
- PowerSource Philippines DevCo
- PNOC Exploration Corporation - Philippines
- Standard Chartered Bank - UAE
- Mintek Dendrill Indonesia
- Bhoruka Overseas - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Australian Coal Association
- Asmin Koalindo Tuhup - Indonesia
- The State Trading Corporation of India Ltd
- Oldendorff Carriers - Singapore
- Ambuja Cements Ltd - India
- South Luzon Thermal Energy Corporation
- Globalindo Alam Lestari - Indonesia
- Kumho Petrochemical, South Korea
- Chamber of Mines of South Africa
- Sarangani Energy Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- Global Business Power Corporation, Philippines
- Independent Power Producers Association of India
- Mercuria Energy - Indonesia
- Ministry of Mines - Canada
- Bhushan Steel Limited - India
- Straits Asia Resources Limited - Singapore
- Electricity Authority, New Zealand
- Africa Commodities Group - South Africa
- Marubeni Corporation - India
- GN Power Mariveles Coal Plant, Philippines
- Riau Bara Harum - Indonesia
- Essar Steel Hazira Ltd - India
- Mjunction Services Limited - India
- Minerals Council of Australia
- Cement Manufacturers Association - India
- Miang Besar Coal Terminal - Indonesia
- Directorate Of Revenue Intelligence - India
- ICICI Bank Limited - India
- Kartika Selabumi Mining - Indonesia
- Orica Mining Services - Indonesia
- Mercator Lines Limited - India
- Siam City Cement PLC, Thailand
- Xindia Steels Limited - India
- Romanian Commodities Exchange
- Sojitz Corporation - Japan
- The Treasury - Australian Government
- SN Aboitiz Power Inc, Philippines
- Coalindo Energy - Indonesia
- Vedanta Resources Plc - India
- The University of Queensland
- Manunggal Multi Energi - Indonesia
- Energy Development Corp, Philippines
- Indogreen Group - Indonesia
- Sical Logistics Limited - India
- Trasteel International SA, Italy
- Karbindo Abesyapradhi - Indoneisa
- Kepco SPC Power Corporation, Philippines
- Tamil Nadu electricity Board
- Port Waratah Coal Services - Australia
- Siam City Cement - Thailand
- Economic Council, Georgia
- Petrochimia International Co. Ltd.- Taiwan
- GMR Energy Limited - India
- Jindal Steel & Power Ltd - India
- Malabar Cements Ltd - India
- Banpu Public Company Limited - Thailand
- Ministry of Finance - Indonesia
- Edison Trading Spa - Italy
- Pendopo Energi Batubara - Indonesia
- Bharathi Cement Corporation - India
- Gujarat Sidhee Cement - India
- Central Electricity Authority - India
- Uttam Galva Steels Limited - India
- Gujarat Electricity Regulatory Commission - India
- Bukit Asam (Persero) Tbk - Indonesia
- Central Java Power - Indonesia
- Indonesian Coal Mining Association
- Eastern Energy - Thailand
- Energy Link Ltd, New Zealand
- Bulk Trading Sa - Switzerland
- Altura Mining Limited, Indonesia
- McConnell Dowell - Australia
- Merrill Lynch Commodities Europe
- Bayan Resources Tbk. - Indonesia
- CNBM International Corporation - China
- Kideco Jaya Agung - Indonesia
- Latin American Coal - Colombia
- Sindya Power Generating Company Private Ltd
- ASAPP Information Group - India
- Kohat Cement Company Ltd. - Pakistan
- Parry Sugars Refinery, India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sakthi Sugars Limited - India
- London Commodity Brokers - England
- LBH Netherlands Bv - Netherlands
- Tata Chemicals Ltd - India
- Orica Australia Pty. Ltd.
- Toyota Tsusho Corporation, Japan
- IEA Clean Coal Centre - UK
- Heidelberg Cement - Germany
- Rashtriya Ispat Nigam Limited - India
- Aditya Birla Group - India
- TNB Fuel Sdn Bhd - Malaysia
- Planning Commission, India
- Jaiprakash Power Ventures ltd
- Sree Jayajothi Cements Limited - India
- Goldman Sachs - Singapore
- White Energy Company Limited
- Vizag Seaport Private Limited - India
- Makarim & Taira - Indonesia
- Salva Resources Pvt Ltd - India
- Bhatia International Limited - India
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