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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, 30 May 16
BCI ENDING AT 830 POINTS, DOWN 4.6 PER CENT W/W
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities decline this week. The freight market was weak this past ...
Friday, 27 May 16
PET-COKE IMPORTS TO FACE PRESSURE IN INDIA
COALspot.com: An Indian environmental activist moved the National Green Tribunal seeking ban on the use of all forms of petroleum coke, also called ...
Friday, 27 May 16
US COAL PRODUCTION ROSE 2.9% WOW, ACCORDING TO EIA
COALspot.com – U.S the world’s second largest coal producer has produced approximately totaled an estimated 11.7 million short tons (mm ...
Thursday, 26 May 16
GIANT ORE CARRIERS SET TO PLAY A BIGGER ROLE IN THE GLOBAL SHIPPING FLEET: CHINA EMBRACES VALEMAXES - RICHARD SCOTT
Another phase of the giant ships era is approaching. Chinese shipowners placed orders recently for 30 huge ‘valemax’ ore carriers. Thes ...
Wednesday, 25 May 16
MEDIATION AS A WAY TO RESOLVE DISPUTES IN THE SHIPPING INDUSTRY - LANA JACOBS
KNOWLEDGE TO ELEVATE
The shipping market is currently experiencing a serious recession with the Baltic Dry Index and Baltic Capesize Index bot ...
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- CNBM International Corporation - China
- Commonwealth Bank - Australia
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- Savvy Resources Ltd - HongKong
- Independent Power Producers Association of India
- Edison Trading Spa - Italy
- Aboitiz Power Corporation - Philippines
- Ind-Barath Power Infra Limited - India
- Price Waterhouse Coopers - Russia
- Billiton Holdings Pty Ltd - Australia
- GN Power Mariveles Coal Plant, Philippines
- Georgia Ports Authority, United States
- Toyota Tsusho Corporation, Japan
- Vizag Seaport Private Limited - India
- Indo Tambangraya Megah - Indonesia
- Grasim Industreis Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- London Commodity Brokers - England
- Carbofer General Trading SA - India
- Leighton Contractors Pty Ltd - Australia
- The Treasury - Australian Government
- Cement Manufacturers Association - India
- Bhoruka Overseas - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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- Kideco Jaya Agung - Indonesia
- LBH Netherlands Bv - Netherlands
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- Riau Bara Harum - Indonesia
- Global Green Power PLC Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Coal and Oil Company - UAE
- Wood Mackenzie - Singapore
- Simpson Spence & Young - Indonesia
- Ministry of Mines - Canada
- Therma Luzon, Inc, Philippines
- Bulk Trading Sa - Switzerland
- McConnell Dowell - Australia
- GMR Energy Limited - India
- Antam Resourcindo - Indonesia
- Coalindo Energy - Indonesia
- PTC India Limited - India
- VISA Power Limited - India
- Kobexindo Tractors - Indoneisa
- International Coal Ventures Pvt Ltd - India
- Oldendorff Carriers - Singapore
- OPG Power Generation Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Rashtriya Ispat Nigam Limited - India
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- Eastern Energy - Thailand
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- Jindal Steel & Power Ltd - India
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- Tamil Nadu electricity Board
- Uttam Galva Steels Limited - India
- Holcim Trading Pte Ltd - Singapore
- Australian Coal Association
- Bayan Resources Tbk. - Indonesia
- MS Steel International - UAE
- Sojitz Corporation - Japan
- Electricity Authority, New Zealand
- Baramulti Group, Indonesia
- Dalmia Cement Bharat India
- Bhatia International Limited - India
- Straits Asia Resources Limited - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Sree Jayajothi Cements Limited - India
- Iligan Light & Power Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Energy Link Ltd, New Zealand
- Power Finance Corporation Ltd., India
- Directorate General of MIneral and Coal - Indonesia
- Timah Investasi Mineral - Indoneisa
- Goldman Sachs - Singapore
- Gujarat Sidhee Cement - India
- Kartika Selabumi Mining - Indonesia
- Star Paper Mills Limited - India
- Altura Mining Limited, Indonesia
- White Energy Company Limited
- Kumho Petrochemical, South Korea
- Merrill Lynch Commodities Europe
- Medco Energi Mining Internasional
- Xindia Steels Limited - India
- GVK Power & Infra Limited - India
- AsiaOL BioFuels Corp., Philippines
- Ministry of Finance - Indonesia
- GAC Shipping (India) Pvt Ltd
- Sical Logistics Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- San Jose City I Power Corp, Philippines
- Parliament of New Zealand
- Metalloyd Limited - United Kingdom
- Eastern Coal Council - USA
- Thai Mozambique Logistica
- Attock Cement Pakistan Limited
- Planning Commission, India
- Indika Energy - Indonesia
- Salva Resources Pvt Ltd - India
- Samtan Co., Ltd - South Korea
- Chamber of Mines of South Africa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- IEA Clean Coal Centre - UK
- Semirara Mining and Power Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Bahari Cakrawala Sebuku - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Jaiprakash Power Ventures ltd
- Aditya Birla Group - India
- Borneo Indobara - Indonesia
- Africa Commodities Group - South Africa
- Kepco SPC Power Corporation, Philippines
- SMC Global Power, Philippines
- Ministry of Transport, Egypt
- Orica Australia Pty. Ltd.
- Larsen & Toubro Limited - India
- ICICI Bank Limited - India
- Sakthi Sugars Limited - India
- Chettinad Cement Corporation Ltd - India
- Australian Commodity Traders Exchange
- Maheswari Brothers Coal Limited - India
- Karbindo Abesyapradhi - Indoneisa
- SMG Consultants - Indonesia
- Coastal Gujarat Power Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Pendopo Energi Batubara - Indonesia
- Formosa Plastics Group - Taiwan
- Sinarmas Energy and Mining - Indonesia
- Bhushan Steel Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ambuja Cements Ltd - India
- Heidelberg Cement - Germany
- Alfred C Toepfer International GmbH - Germany
- Indogreen Group - Indonesia
- European Bulk Services B.V. - Netherlands
- SN Aboitiz Power Inc, Philippines
- Central Electricity Authority - India
- Central Java Power - Indonesia
- Siam City Cement - Thailand
- Banpu Public Company Limited - Thailand
- Videocon Industries ltd - India
- Cigading International Bulk Terminal - Indonesia
- Indonesian Coal Mining Association
- Ceylon Electricity Board - Sri Lanka
- Minerals Council of Australia
- Vedanta Resources Plc - India
- Bukit Asam (Persero) Tbk - Indonesia
- Mintek Dendrill Indonesia
- Kapuas Tunggal Persada - Indonesia
- New Zealand Coal & Carbon
- Maharashtra Electricity Regulatory Commission - India
- Malabar Cements Ltd - India
- The State Trading Corporation of India Ltd
- CIMB Investment Bank - Malaysia
- Energy Development Corp, Philippines
- Wilmar Investment Holdings
- Essar Steel Hazira Ltd - India
- Tata Chemicals Ltd - India
- Singapore Mercantile Exchange
- Indian Energy Exchange, India
- South Luzon Thermal Energy Corporation
- Globalindo Alam Lestari - Indonesia
- Manunggal Multi Energi - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- IHS Mccloskey Coal Group - USA
- Rio Tinto Coal - Australia
- Siam City Cement PLC, Thailand
- Global Coal Blending Company Limited - Australia
- The University of Queensland
- Deloitte Consulting - India
- Madhucon Powers Ltd - India
- Binh Thuan Hamico - Vietnam
- Lanco Infratech Ltd - India
- Bharathi Cement Corporation - India
- Mercator Lines Limited - India
- Anglo American - United Kingdom
- Barasentosa Lestari - Indonesia
- Global Business Power Corporation, Philippines
- Standard Chartered Bank - UAE
- Sarangani Energy Corporation, Philippines
- PowerSource Philippines DevCo
- Asmin Koalindo Tuhup - Indonesia
- Meralco Power Generation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Economic Council, Georgia
- India Bulls Power Limited - India
- TeaM Sual Corporation - Philippines
- Thiess Contractors Indonesia
- Interocean Group of Companies - India
- Trasteel International SA, Italy
- Kohat Cement Company Ltd. - Pakistan
- Parry Sugars Refinery, India
- Romanian Commodities Exchange
- Meenaskhi Energy Private Limited - India
- Mercuria Energy - Indonesia
- Latin American Coal - Colombia
- Marubeni Corporation - India
- Renaissance Capital - South Africa
- Bangladesh Power Developement Board
- PNOC Exploration Corporation - Philippines
- Sindya Power Generating Company Private Ltd
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