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Wednesday, 21 November 12
ORPHEUS ENERGY SECURES FIRST COAL OFF TAKE CONTRACT
COALspot.com - Orpheus Energy Limited (ASX:OEG) has announced that it has signed a coal sales contract with an Indonesian steel manufacturing company, located in Banjarmasin, South Kalimantan.
- Coal sales purchase agreement signed to supply coal to an Indonesian steel manufacturing group
- 8,000 – 10,000 tonnes per month of ADK coal to be delivered to the buyer
- Benchmark pricing with quarterly reviews
According to company’s press note, under the terms of this initial agreement, the off taker will purchase thermal coal from Orpheus Energy’s ADK Kintap mine f or one year, commencing December 2012, at the rate of 8,000 – 10,000 tonnes per month. The coal will be transported by truck to the steel operation, approximately 140km from ADK, for use in power generation at the facility.
The coal will be sold at benchmark pricing, with quarterly adjustments, and the coal specification requires the following characteristics: Calorific Value 5500-5300 Kcal/Kg (ADB), 33-35% Total Moisture (ADB), 2-4% Ash (ADB), and 0.5% Sulphur (ADB).
Executive Chairman Wayne Mitchell said: “ We recently told shareholders that we were in negotiations regarding longer term contracts for our ADK coal and we are now happy to announce our first off take agreement. The benchmark pricing outcome represents a vote of confidence in the company’s ability to deliver, and positions us t o sell increasing quantities of coal as our mines ’ capacity grows. This is an important milestone in our plans to establish Orpheus Energy as a significant supplier of coal to both export and Indonesian domestic markets”, a note from company said.
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Monday, 27 June 16
THE BDI UP 3.75 PERCENT ; BCI FELL 1.51% WEEK OVER WEEK
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities rose this past week. The BDI was up 3.75 percent from las ...
Monday, 27 June 16
INDONESIA BANS (AGAIN) SHIPS SAILING TO THE PHILIPPINES FROM INDONESIA
COALspot.com: The Indonesian Transport Ministry strictly prohibited harbour masters issuing permits to all Indonesian-flagged vessels bound for the ...
Friday, 24 June 16
U.S WEEKLY COAL PRODUCTION UP MARGINALLY
COALspot.com – U.S, world’s one of the largest coal producers has produced approximately totalled an estimated 13.4 million short tons ...
Wednesday, 22 June 16
SMALL RISE IN SHIPPING CONFIDENCE - MOORE STEPHENS
In May 2016, the average confidence level expressed by respondents in the markets in which they operate was 5.1 on a scale of 1 (low) to 10 (high). ...
Wednesday, 22 June 16
SHIPPING MARKET INSIGHT - NASSOS SOULAKIS
Stagnation- With the BDI stuck in the low 600 points for almost a month now, if we had to choose a word to describe the state of the Dry Bulk freig ...
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- SMG Consultants - Indonesia
- GAC Shipping (India) Pvt Ltd
- Mercuria Energy - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Trasteel International SA, Italy
- Star Paper Mills Limited - India
- Uttam Galva Steels Limited - India
- GVK Power & Infra Limited - India
- Chamber of Mines of South Africa
- Gujarat Sidhee Cement - India
- Edison Trading Spa - Italy
- MS Steel International - UAE
- VISA Power Limited - India
- Formosa Plastics Group - Taiwan
- Eastern Energy - Thailand
- OPG Power Generation Pvt Ltd - India
- Agrawal Coal Company - India
- SMC Global Power, Philippines
- Eastern Coal Council - USA
- Salva Resources Pvt Ltd - India
- Grasim Industreis Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sarangani Energy Corporation, Philippines
- Rio Tinto Coal - Australia
- Bangladesh Power Developement Board
- Indonesian Coal Mining Association
- Price Waterhouse Coopers - Russia
- Commonwealth Bank - Australia
- Global Green Power PLC Corporation, Philippines
- Attock Cement Pakistan Limited
- Energy Link Ltd, New Zealand
- Ministry of Transport, Egypt
- Essar Steel Hazira Ltd - India
- Binh Thuan Hamico - Vietnam
- Tata Chemicals Ltd - India
- Altura Mining Limited, Indonesia
- Rashtriya Ispat Nigam Limited - India
- Oldendorff Carriers - Singapore
- Mjunction Services Limited - India
- Lanco Infratech Ltd - India
- Standard Chartered Bank - UAE
- Ceylon Electricity Board - Sri Lanka
- Ambuja Cements Ltd - India
- South Luzon Thermal Energy Corporation
- Goldman Sachs - Singapore
- Bukit Baiduri Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Videocon Industries ltd - India
- Mintek Dendrill Indonesia
- Sical Logistics Limited - India
- Posco Energy - South Korea
- Sakthi Sugars Limited - India
- Meenaskhi Energy Private Limited - India
- Billiton Holdings Pty Ltd - Australia
- ASAPP Information Group - India
- Indika Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- Pendopo Energi Batubara - Indonesia
- Thai Mozambique Logistica
- The Treasury - Australian Government
- Sojitz Corporation - Japan
- White Energy Company Limited
- Jorong Barutama Greston.PT - Indonesia
- Bhatia International Limited - India
- Holcim Trading Pte Ltd - Singapore
- Tamil Nadu electricity Board
- Indogreen Group - Indonesia
- McConnell Dowell - Australia
- Bhoruka Overseas - Indonesia
- Renaissance Capital - South Africa
- Parry Sugars Refinery, India
- Power Finance Corporation Ltd., India
- Toyota Tsusho Corporation, Japan
- GMR Energy Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Therma Luzon, Inc, Philippines
- SN Aboitiz Power Inc, Philippines
- Kaltim Prima Coal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- IEA Clean Coal Centre - UK
- Krishnapatnam Port Company Ltd. - India
- Intertek Mineral Services - Indonesia
- Siam City Cement - Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Larsen & Toubro Limited - India
- San Jose City I Power Corp, Philippines
- Africa Commodities Group - South Africa
- CNBM International Corporation - China
- Directorate General of MIneral and Coal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Baramulti Group, Indonesia
- Iligan Light & Power Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
- GN Power Mariveles Coal Plant, Philippines
- Antam Resourcindo - Indonesia
- European Bulk Services B.V. - Netherlands
- Malabar Cements Ltd - India
- Minerals Council of Australia
- Borneo Indobara - Indonesia
- Australian Commodity Traders Exchange
- Coastal Gujarat Power Limited - India
- Bayan Resources Tbk. - Indonesia
- Wood Mackenzie - Singapore
- Orica Mining Services - Indonesia
- Romanian Commodities Exchange
- Deloitte Consulting - India
- Jindal Steel & Power Ltd - India
- Australian Coal Association
- LBH Netherlands Bv - Netherlands
- Petrochimia International Co. Ltd.- Taiwan
- Bukit Makmur.PT - Indonesia
- Coal and Oil Company - UAE
- Thiess Contractors Indonesia
- Global Business Power Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Kumho Petrochemical, South Korea
- Energy Development Corp, Philippines
- Directorate Of Revenue Intelligence - India
- Heidelberg Cement - Germany
- Banpu Public Company Limited - Thailand
- Planning Commission, India
- Kalimantan Lumbung Energi - Indonesia
- Central Java Power - Indonesia
- Ministry of Finance - Indonesia
- Georgia Ports Authority, United States
- CIMB Investment Bank - Malaysia
- Vijayanagar Sugar Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Samtan Co., Ltd - South Korea
- Gujarat Electricity Regulatory Commission - India
- Xindia Steels Limited - India
- Manunggal Multi Energi - Indonesia
- Medco Energi Mining Internasional
- Bhushan Steel Limited - India
- London Commodity Brokers - England
- Chettinad Cement Corporation Ltd - India
- Singapore Mercantile Exchange
- Sindya Power Generating Company Private Ltd
- Vizag Seaport Private Limited - India
- Cement Manufacturers Association - India
- Sree Jayajothi Cements Limited - India
- Electricity Authority, New Zealand
- Indian Oil Corporation Limited
- Aditya Birla Group - India
- Latin American Coal - Colombia
- Coalindo Energy - Indonesia
- Vedanta Resources Plc - India
- The University of Queensland
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ind-Barath Power Infra Limited - India
- Parliament of New Zealand
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Cigading International Bulk Terminal - Indonesia
- Economic Council, Georgia
- Makarim & Taira - Indonesia
- Carbofer General Trading SA - India
- Alfred C Toepfer International GmbH - Germany
- Meralco Power Generation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Semirara Mining Corp, Philippines
- Kobexindo Tractors - Indoneisa
- Global Coal Blending Company Limited - Australia
- Petron Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Kartika Selabumi Mining - Indonesia
- Merrill Lynch Commodities Europe
- PNOC Exploration Corporation - Philippines
- Independent Power Producers Association of India
- Mercator Lines Limited - India
- India Bulls Power Limited - India
- Siam City Cement PLC, Thailand
- Karaikal Port Pvt Ltd - India
- Riau Bara Harum - Indonesia
- New Zealand Coal & Carbon
- Electricity Generating Authority of Thailand
- TeaM Sual Corporation - Philippines
- Dalmia Cement Bharat India
- PowerSource Philippines DevCo
- Neyveli Lignite Corporation Ltd, - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Barasentosa Lestari - Indonesia
- Bulk Trading Sa - Switzerland
- IHS Mccloskey Coal Group - USA
- Gujarat Mineral Development Corp Ltd - India
- Port Waratah Coal Services - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Anglo American - United Kingdom
- Orica Australia Pty. Ltd.
- Savvy Resources Ltd - HongKong
- PTC India Limited - India
- Timah Investasi Mineral - Indoneisa
- Madhucon Powers Ltd - India
- Indian Energy Exchange, India
- TNB Fuel Sdn Bhd - Malaysia
- Simpson Spence & Young - Indonesia
- Jaiprakash Power Ventures ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Central Electricity Authority - India
- Wilmar Investment Holdings
- Ministry of Mines - Canada
- Bank of Tokyo Mitsubishi UFJ Ltd
- ICICI Bank Limited - India
- Kapuas Tunggal Persada - Indonesia
- Interocean Group of Companies - India
- Globalindo Alam Lestari - Indonesia
- Indo Tambangraya Megah - Indonesia
- Marubeni Corporation - India
- Bharathi Cement Corporation - India
- Metalloyd Limited - United Kingdom
- Bahari Cakrawala Sebuku - Indonesia
- Kideco Jaya Agung - Indonesia
- Maheswari Brothers Coal Limited - India
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