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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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Thursday, 08 November 12
LARGE ECO SUPRA : INDO - INDIA NOW FIXED AT USD 11K FOR DELIVERY SINGAPORE - FEARNLEYS
Handy
The Atlantic market continues to remain weak with rates further softening on FH. Rates from USG to Feast were around USD 14k and Black Sea to ...
Thursday, 08 November 12
DRY BULK MARKET RETREATS AGAIN ON HIGHER SHIP SUPPLY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
In further evidence of a latest round of dry bulk shipping misery, the industry's benchmark fell for the 11th straight session yesterday, as the in ...
Thursday, 08 November 12
JOIN CHINA STEAM COAL SUPPLY - DEMAND FORUM
Join China Steam Coal Supply-Demand Forum & Visit Shenhua Yudean Zhuhai Port Coal Terminal
Press Release - Organized by CBI BIZ and suppo ...
Wednesday, 07 November 12
NEWBUILDING ORDERING ACTIVITY ON A STEADY PACE PRIOR TO THE END OF THE YEAR - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Newbuilding orders, which to many involved in the shipping industry, are the main reason of today's low freight rates and subsequent financial prob ...
Tuesday, 06 November 12
NOVEMBER 2012 HBA $35.21 LOWER THAN A YEAR AGO
COALspot.com - The Indonesian government’s declared coal reference price for November’ 12 has lost US$ 4.60 per MT M-o-M.
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Showing 4511 to 4515 news of total 6871 |
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- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Aboitiz Power Corporation - Philippines
- Intertek Mineral Services - Indonesia
- Uttam Galva Steels Limited - India
- Sakthi Sugars Limited - India
- TeaM Sual Corporation - Philippines
- White Energy Company Limited
- Asmin Koalindo Tuhup - Indonesia
- Medco Energi Mining Internasional
- Parliament of New Zealand
- European Bulk Services B.V. - Netherlands
- GVK Power & Infra Limited - India
- Meenaskhi Energy Private Limited - India
- Indo Tambangraya Megah - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- IHS Mccloskey Coal Group - USA
- Renaissance Capital - South Africa
- Simpson Spence & Young - Indonesia
- Kideco Jaya Agung - Indonesia
- Petron Corporation, Philippines
- Vedanta Resources Plc - India
- Malabar Cements Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Sojitz Corporation - Japan
- Directorate Of Revenue Intelligence - India
- Attock Cement Pakistan Limited
- Kalimantan Lumbung Energi - Indonesia
- ASAPP Information Group - India
- Bangladesh Power Developement Board
- Karaikal Port Pvt Ltd - India
- Bharathi Cement Corporation - India
- SN Aboitiz Power Inc, Philippines
- McConnell Dowell - Australia
- Siam City Cement PLC, Thailand
- Bhushan Steel Limited - India
- Latin American Coal - Colombia
- Kapuas Tunggal Persada - Indonesia
- Gujarat Sidhee Cement - India
- Wilmar Investment Holdings
- Karbindo Abesyapradhi - Indoneisa
- Kobexindo Tractors - Indoneisa
- Anglo American - United Kingdom
- Posco Energy - South Korea
- London Commodity Brokers - England
- Electricity Authority, New Zealand
- Meralco Power Generation, Philippines
- Wood Mackenzie - Singapore
- CNBM International Corporation - China
- Economic Council, Georgia
- Vizag Seaport Private Limited - India
- Mercuria Energy - Indonesia
- Star Paper Mills Limited - India
- Georgia Ports Authority, United States
- Bukit Asam (Persero) Tbk - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Orica Australia Pty. Ltd.
- Baramulti Group, Indonesia
- LBH Netherlands Bv - Netherlands
- Coastal Gujarat Power Limited - India
- Pendopo Energi Batubara - Indonesia
- Singapore Mercantile Exchange
- Kohat Cement Company Ltd. - Pakistan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indogreen Group - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Edison Trading Spa - Italy
- Altura Mining Limited, Indonesia
- Global Coal Blending Company Limited - Australia
- India Bulls Power Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Bulk Trading Sa - Switzerland
- Sarangani Energy Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Savvy Resources Ltd - HongKong
- Agrawal Coal Company - India
- The State Trading Corporation of India Ltd
- Bhatia International Limited - India
- Alfred C Toepfer International GmbH - Germany
- PowerSource Philippines DevCo
- Orica Mining Services - Indonesia
- Commonwealth Bank - Australia
- Videocon Industries ltd - India
- Makarim & Taira - Indonesia
- Rio Tinto Coal - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Interocean Group of Companies - India
- Parry Sugars Refinery, India
- PTC India Limited - India
- IEA Clean Coal Centre - UK
- Port Waratah Coal Services - Australia
- Bukit Baiduri Energy - Indonesia
- Sindya Power Generating Company Private Ltd
- Toyota Tsusho Corporation, Japan
- Xindia Steels Limited - India
- Iligan Light & Power Inc, Philippines
- Bhoruka Overseas - Indonesia
- Formosa Plastics Group - Taiwan
- Gujarat Mineral Development Corp Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Carbofer General Trading SA - India
- Ambuja Cements Ltd - India
- Indonesian Coal Mining Association
- Australian Commodity Traders Exchange
- Sical Logistics Limited - India
- Straits Asia Resources Limited - Singapore
- Neyveli Lignite Corporation Ltd, - India
- Romanian Commodities Exchange
- Vijayanagar Sugar Pvt Ltd - India
- Chamber of Mines of South Africa
- Gujarat Electricity Regulatory Commission - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Heidelberg Cement - Germany
- Electricity Generating Authority of Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Oldendorff Carriers - Singapore
- Aditya Birla Group - India
- Globalindo Alam Lestari - Indonesia
- Semirara Mining Corp, Philippines
- Indian Oil Corporation Limited
- Antam Resourcindo - Indonesia
- Kepco SPC Power Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Essar Steel Hazira Ltd - India
- Kartika Selabumi Mining - Indonesia
- Coal and Oil Company - UAE
- Jorong Barutama Greston.PT - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- OPG Power Generation Pvt Ltd - India
- CIMB Investment Bank - Malaysia
- Energy Development Corp, Philippines
- Bayan Resources Tbk. - Indonesia
- Indian Energy Exchange, India
- Binh Thuan Hamico - Vietnam
- Merrill Lynch Commodities Europe
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Leighton Contractors Pty Ltd - Australia
- GAC Shipping (India) Pvt Ltd
- The Treasury - Australian Government
- Directorate General of MIneral and Coal - Indonesia
- Sree Jayajothi Cements Limited - India
- Tata Chemicals Ltd - India
- Minerals Council of Australia
- Ministry of Transport, Egypt
- Maheswari Brothers Coal Limited - India
- Rashtriya Ispat Nigam Limited - India
- Ministry of Finance - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Indika Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Billiton Holdings Pty Ltd - Australia
- VISA Power Limited - India
- Samtan Co., Ltd - South Korea
- Ind-Barath Power Infra Limited - India
- Dalmia Cement Bharat India
- Mjunction Services Limited - India
- GMR Energy Limited - India
- Riau Bara Harum - Indonesia
- Barasentosa Lestari - Indonesia
- Borneo Indobara - Indonesia
- Goldman Sachs - Singapore
- Grasim Industreis Ltd - India
- Price Waterhouse Coopers - Russia
- ICICI Bank Limited - India
- Planning Commission, India
- Mintek Dendrill Indonesia
- Timah Investasi Mineral - Indoneisa
- Central Java Power - Indonesia
- Eastern Coal Council - USA
- The University of Queensland
- Thiess Contractors Indonesia
- Power Finance Corporation Ltd., India
- Bukit Makmur.PT - Indonesia
- Lanco Infratech Ltd - India
- Africa Commodities Group - South Africa
- PNOC Exploration Corporation - Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Siam City Cement - Thailand
- Global Green Power PLC Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Trasteel International SA, Italy
- SMC Global Power, Philippines
- Cement Manufacturers Association - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- New Zealand Coal & Carbon
- International Coal Ventures Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Kumho Petrochemical, South Korea
- Independent Power Producers Association of India
- SMG Consultants - Indonesia
- Australian Coal Association
- Ministry of Mines - Canada
- Mercator Lines Limited - India
- Metalloyd Limited - United Kingdom
- Energy Link Ltd, New Zealand
- Central Electricity Authority - India
- Cigading International Bulk Terminal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Jindal Steel & Power Ltd - India
- Deloitte Consulting - India
- Kaltim Prima Coal - Indonesia
- Standard Chartered Bank - UAE
- Coalindo Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Eastern Energy - Thailand
- Larsen & Toubro Limited - India
- Marubeni Corporation - India
- Global Business Power Corporation, Philippines
- Thai Mozambique Logistica
- Therma Luzon, Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Tamil Nadu electricity Board
- Chettinad Cement Corporation Ltd - India
- Madhucon Powers Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- MS Steel International - UAE
- Manunggal Multi Energi - Indonesia
- Banpu Public Company Limited - Thailand
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