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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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Monday, 29 October 12
US COAL EXPORTS ARE EXPECTED TO REACH 125 MILLION TONS THIS YEAR - EIA
COALspot.com - US coal exports are expected to reach 125 million tons this year, surpassing the old record of about 113 million tons set in 1981, sa ...
Sunday, 28 October 12
SUB-BIT INDONESIA COAL SWAPS (FOB ) FOR DECEMBER 2012 DELIVERY STAYED FLAT D-D
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for December 2012 delivery flat on D-D but gained 0.38 percent on W-W on Friday, 26 October 2012, ...
Sunday, 28 October 12
INDONESIA TO INDIA SUPRAMAX FREIGHT MARKET FAIRLY STEADY - VISTAAR
COALspot.com - The Cape size sector continued to remain active with iron ore movement being steady. All other sectors were down.
The BDI was up b ...
Friday, 26 October 12
SHIPPING MARKETS HEADING FOR DIVISION AND MULTI-TIER WILL BECOME THE NORM - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
It seems that something is expected to be fundamentally different in the way that the shipping markets will be operating in the future, according to ...
Friday, 26 October 12
DRY BULK MARKET FALLS ON WORRIES THAT RECENT RALLY WILL BE SHORTLIVED - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market retreated yesterday as a result of a plunge of the Capesize dry bulk carriers' segment, after their latest rally. As a result, ...
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- Parry Sugars Refinery, India
- Uttam Galva Steels Limited - India
- Orica Australia Pty. Ltd.
- Global Coal Blending Company Limited - Australia
- Romanian Commodities Exchange
- Alfred C Toepfer International GmbH - Germany
- Indonesian Coal Mining Association
- Rashtriya Ispat Nigam Limited - India
- Renaissance Capital - South Africa
- Sarangani Energy Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Latin American Coal - Colombia
- Kaltim Prima Coal - Indonesia
- TeaM Sual Corporation - Philippines
- Sakthi Sugars Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Marubeni Corporation - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PTC India Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Star Paper Mills Limited - India
- The Treasury - Australian Government
- Orica Mining Services - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Aditya Birla Group - India
- Indika Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- European Bulk Services B.V. - Netherlands
- SN Aboitiz Power Inc, Philippines
- Vizag Seaport Private Limited - India
- Essar Steel Hazira Ltd - India
- Africa Commodities Group - South Africa
- Mercuria Energy - Indonesia
- GVK Power & Infra Limited - India
- GMR Energy Limited - India
- Interocean Group of Companies - India
- Dalmia Cement Bharat India
- Electricity Generating Authority of Thailand
- Tata Chemicals Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Simpson Spence & Young - Indonesia
- Malabar Cements Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Coal and Oil Company - UAE
- GN Power Mariveles Coal Plant, Philippines
- Altura Mining Limited, Indonesia
- Karaikal Port Pvt Ltd - India
- ASAPP Information Group - India
- Indian Energy Exchange, India
- Anglo American - United Kingdom
- PetroVietnam Power Coal Import and Supply Company
- Merrill Lynch Commodities Europe
- Borneo Indobara - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Central Java Power - Indonesia
- Heidelberg Cement - Germany
- Savvy Resources Ltd - HongKong
- Banpu Public Company Limited - Thailand
- Kohat Cement Company Ltd. - Pakistan
- Kalimantan Lumbung Energi - Indonesia
- Eastern Energy - Thailand
- Baramulti Group, Indonesia
- Chamber of Mines of South Africa
- Pipit Mutiara Jaya. PT, Indonesia
- South Luzon Thermal Energy Corporation
- Siam City Cement - Thailand
- Sree Jayajothi Cements Limited - India
- Eastern Coal Council - USA
- Thai Mozambique Logistica
- Power Finance Corporation Ltd., India
- Xindia Steels Limited - India
- Metalloyd Limited - United Kingdom
- Kobexindo Tractors - Indoneisa
- Vedanta Resources Plc - India
- Attock Cement Pakistan Limited
- Binh Thuan Hamico - Vietnam
- Gujarat Electricity Regulatory Commission - India
- Ambuja Cements Ltd - India
- Agrawal Coal Company - India
- Makarim & Taira - Indonesia
- Bhoruka Overseas - Indonesia
- India Bulls Power Limited - India
- Bharathi Cement Corporation - India
- Port Waratah Coal Services - Australia
- Petrochimia International Co. Ltd.- Taiwan
- IEA Clean Coal Centre - UK
- McConnell Dowell - Australia
- Posco Energy - South Korea
- International Coal Ventures Pvt Ltd - India
- Medco Energi Mining Internasional
- London Commodity Brokers - England
- Sical Logistics Limited - India
- AsiaOL BioFuels Corp., Philippines
- Jindal Steel & Power Ltd - India
- Kartika Selabumi Mining - Indonesia
- Wilmar Investment Holdings
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Coastal Gujarat Power Limited - India
- Larsen & Toubro Limited - India
- Straits Asia Resources Limited - Singapore
- Kumho Petrochemical, South Korea
- Deloitte Consulting - India
- Edison Trading Spa - Italy
- Pendopo Energi Batubara - Indonesia
- Mercator Lines Limited - India
- Kapuas Tunggal Persada - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Energy Development Corp, Philippines
- Petron Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Maheswari Brothers Coal Limited - India
- Minerals Council of Australia
- Videocon Industries ltd - India
- Globalindo Alam Lestari - Indonesia
- Coalindo Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Indogreen Group - Indonesia
- SMC Global Power, Philippines
- Kideco Jaya Agung - Indonesia
- Bulk Trading Sa - Switzerland
- Indo Tambangraya Megah - Indonesia
- Independent Power Producers Association of India
- Meralco Power Generation, Philippines
- Australian Coal Association
- Jorong Barutama Greston.PT - Indonesia
- Samtan Co., Ltd - South Korea
- Semirara Mining and Power Corporation, Philippines
- Commonwealth Bank - Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Green Power PLC Corporation, Philippines
- Riau Bara Harum - Indonesia
- Cement Manufacturers Association - India
- Karbindo Abesyapradhi - Indoneisa
- Formosa Plastics Group - Taiwan
- Oldendorff Carriers - Singapore
- Madhucon Powers Ltd - India
- Indian Oil Corporation Limited
- New Zealand Coal & Carbon
- Standard Chartered Bank - UAE
- SMG Consultants - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Bhatia International Limited - India
- Carbofer General Trading SA - India
- LBH Netherlands Bv - Netherlands
- Iligan Light & Power Inc, Philippines
- Trasteel International SA, Italy
- Gujarat Sidhee Cement - India
- Siam City Cement PLC, Thailand
- Bukit Baiduri Energy - Indonesia
- Electricity Authority, New Zealand
- Bhushan Steel Limited - India
- CNBM International Corporation - China
- Sojitz Corporation - Japan
- Ceylon Electricity Board - Sri Lanka
- Miang Besar Coal Terminal - Indonesia
- VISA Power Limited - India
- Meenaskhi Energy Private Limited - India
- ICICI Bank Limited - India
- Mjunction Services Limited - India
- Australian Commodity Traders Exchange
- Ministry of Transport, Egypt
- GAC Shipping (India) Pvt Ltd
- Neyveli Lignite Corporation Ltd, - India
- Thiess Contractors Indonesia
- IHS Mccloskey Coal Group - USA
- Offshore Bulk Terminal Pte Ltd, Singapore
- Toyota Tsusho Corporation, Japan
- Goldman Sachs - Singapore
- San Jose City I Power Corp, Philippines
- Ministry of Finance - Indonesia
- Global Business Power Corporation, Philippines
- Therma Luzon, Inc, Philippines
- Price Waterhouse Coopers - Russia
- Aboitiz Power Corporation - Philippines
- Lanco Infratech Ltd - India
- Singapore Mercantile Exchange
- Chettinad Cement Corporation Ltd - India
- Bangladesh Power Developement Board
- Jaiprakash Power Ventures ltd
- Directorate Of Revenue Intelligence - India
- Mintek Dendrill Indonesia
- Tamil Nadu electricity Board
- Economic Council, Georgia
- Rio Tinto Coal - Australia
- Central Electricity Authority - India
- Antam Resourcindo - Indonesia
- Salva Resources Pvt Ltd - India
- The University of Queensland
- Grasim Industreis Ltd - India
- Manunggal Multi Energi - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Georgia Ports Authority, United States
- Bahari Cakrawala Sebuku - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Energy Link Ltd, New Zealand
- PowerSource Philippines DevCo
- Asmin Koalindo Tuhup - Indonesia
- Bayan Resources Tbk. - Indonesia
- White Energy Company Limited
- Ind-Barath Power Infra Limited - India
- Wood Mackenzie - Singapore
- Intertek Mineral Services - Indonesia
- Billiton Holdings Pty Ltd - Australia
- CIMB Investment Bank - Malaysia
- Kepco SPC Power Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Planning Commission, India
- Semirara Mining Corp, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- OPG Power Generation Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- MS Steel International - UAE
- Parliament of New Zealand
- Ministry of Mines - Canada
- The State Trading Corporation of India Ltd
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