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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, 25 April 16
BALTIC DRY INDEX ENDS WEEK ON A POSITIVE NOTE
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities continued to rose this week.
The freight market was ...
Friday, 22 April 16
U.S WEEKLY DOMESTIC COAL OUTPUT UP 8.2 PER CENT - EIA
COALspot.com – U.S the world’s second largest coal producer has produced approximately totaled an estimated 11.1 million short tons (mm ...
Thursday, 21 April 16
PANAMAX: A VERY HEALTHY NORTH ATLANTIC FOR BOTH ROUNDS AND FRONTHAUL
Capesize
Correcting after last week's quadrupling.
This year's highest daily average of USD 8000 came on the back of substantial pro ...
Wednesday, 20 April 16
2017 IS EXPECTED TO BE A MUCH BETTER YEAR FOR THE SHIPPING INDUSTRY - INTERMODAL
Some months ago we noted that all projections anticipated 2016 to be a better year from a macroeconomic point of view when compared to 2015. As we ...
Tuesday, 19 April 16
STARS STILL SHINING? KEY IMPORTERS THROUGH THE TELESCOPE - CLARKSONS
As the pace of growth in Chinese seaborne imports has slowed, and prospects for a return to stronger rates of expansion appear to have diminished, ...
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- PTC India Limited - India
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- Central Electricity Authority - India
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- Maheswari Brothers Coal Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Rashtriya Ispat Nigam Limited - India
- OPG Power Generation Pvt Ltd - India
- Marubeni Corporation - India
- Gujarat Sidhee Cement - India
- Pendopo Energi Batubara - Indonesia
- Petron Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- GVK Power & Infra Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mercator Lines Limited - India
- Central Java Power - Indonesia
- Globalindo Alam Lestari - Indonesia
- Indian Oil Corporation Limited
- Price Waterhouse Coopers - Russia
- Samtan Co., Ltd - South Korea
- Videocon Industries ltd - India
- Commonwealth Bank - Australia
- Romanian Commodities Exchange
- Directorate General of MIneral and Coal - Indonesia
- Uttam Galva Steels Limited - India
- Essar Steel Hazira Ltd - India
- Barasentosa Lestari - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Kartika Selabumi Mining - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Port Waratah Coal Services - Australia
- Salva Resources Pvt Ltd - India
- Ambuja Cements Ltd - India
- Binh Thuan Hamico - Vietnam
- Bangladesh Power Developement Board
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Holcim Trading Pte Ltd - Singapore
- Sojitz Corporation - Japan
- Heidelberg Cement - Germany
- Antam Resourcindo - Indonesia
- Siam City Cement PLC, Thailand
- The State Trading Corporation of India Ltd
- Jorong Barutama Greston.PT - Indonesia
- Ministry of Mines - Canada
- Bukit Asam (Persero) Tbk - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- SMC Global Power, Philippines
- London Commodity Brokers - England
- Cigading International Bulk Terminal - Indonesia
- Energy Link Ltd, New Zealand
- The Treasury - Australian Government
- Dalmia Cement Bharat India
- GAC Shipping (India) Pvt Ltd
- Petrochimia International Co. Ltd.- Taiwan
- Metalloyd Limited - United Kingdom
- Rio Tinto Coal - Australia
- Mjunction Services Limited - India
- LBH Netherlands Bv - Netherlands
- Cement Manufacturers Association - India
- Coalindo Energy - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Vedanta Resources Plc - India
- Aditya Birla Group - India
- Bukit Baiduri Energy - Indonesia
- Medco Energi Mining Internasional
- Posco Energy - South Korea
- Altura Mining Limited, Indonesia
- Bhatia International Limited - India
- Baramulti Group, Indonesia
- Edison Trading Spa - Italy
- Ceylon Electricity Board - Sri Lanka
- Anglo American - United Kingdom
- Bharathi Cement Corporation - India
- Maharashtra Electricity Regulatory Commission - India
- Global Coal Blending Company Limited - Australia
- Bayan Resources Tbk. - Indonesia
- Kepco SPC Power Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Independent Power Producers Association of India
- Electricity Authority, New Zealand
- Mercuria Energy - Indonesia
- SMG Consultants - Indonesia
- Ministry of Finance - Indonesia
- Wilmar Investment Holdings
- Tamil Nadu electricity Board
- Kobexindo Tractors - Indoneisa
- Orica Mining Services - Indonesia
- Indian Energy Exchange, India
- Iligan Light & Power Inc, Philippines
- The University of Queensland
- ICICI Bank Limited - India
- Timah Investasi Mineral - Indoneisa
- Madhucon Powers Ltd - India
- Carbofer General Trading SA - India
- Attock Cement Pakistan Limited
- Borneo Indobara - Indonesia
- Coal and Oil Company - UAE
- Africa Commodities Group - South Africa
- Oldendorff Carriers - Singapore
- Xindia Steels Limited - India
- Meralco Power Generation, Philippines
- Mintek Dendrill Indonesia
- Wood Mackenzie - Singapore
- New Zealand Coal & Carbon
- Sinarmas Energy and Mining - Indonesia
- Agrawal Coal Company - India
- Pipit Mutiara Jaya. PT, Indonesia
- Latin American Coal - Colombia
- Kumho Petrochemical, South Korea
- San Jose City I Power Corp, Philippines
- IEA Clean Coal Centre - UK
- Bahari Cakrawala Sebuku - Indonesia
- Bhoruka Overseas - Indonesia
- PNOC Exploration Corporation - Philippines
- Grasim Industreis Ltd - India
- SN Aboitiz Power Inc, Philippines
- Sree Jayajothi Cements Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Aboitiz Power Corporation - Philippines
- Power Finance Corporation Ltd., India
- White Energy Company Limited
- ASAPP Information Group - India
- Intertek Mineral Services - Indonesia
- Global Business Power Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Energy Development Corp, Philippines
- VISA Power Limited - India
- Therma Luzon, Inc, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kaltim Prima Coal - Indonesia
- Bukit Makmur.PT - Indonesia
- Kideco Jaya Agung - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Goldman Sachs - Singapore
- Indonesian Coal Mining Association
- CNBM International Corporation - China
- Miang Besar Coal Terminal - Indonesia
- Sindya Power Generating Company Private Ltd
- Eastern Energy - Thailand
- Sakthi Sugars Limited - India
- Standard Chartered Bank - UAE
- Australian Coal Association
- European Bulk Services B.V. - Netherlands
- South Luzon Thermal Energy Corporation
- Jindal Steel & Power Ltd - India
- Deloitte Consulting - India
- Eastern Coal Council - USA
- CIMB Investment Bank - Malaysia
- Riau Bara Harum - Indonesia
- TeaM Sual Corporation - Philippines
- Ind-Barath Power Infra Limited - India
- Malabar Cements Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- McConnell Dowell - Australia
- Banpu Public Company Limited - Thailand
- Electricity Generating Authority of Thailand
- Bhushan Steel Limited - India
- Manunggal Multi Energi - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Ministry of Transport, Egypt
- Merrill Lynch Commodities Europe
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Interocean Group of Companies - India
- Sical Logistics Limited - India
- Indo Tambangraya Megah - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Orica Australia Pty. Ltd.
- Renaissance Capital - South Africa
- Alfred C Toepfer International GmbH - Germany
- Parry Sugars Refinery, India
- Chettinad Cement Corporation Ltd - India
- Indogreen Group - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Thiess Contractors Indonesia
- Planning Commission, India
- Larsen & Toubro Limited - India
- Directorate Of Revenue Intelligence - India
- MS Steel International - UAE
- Economic Council, Georgia
- Vizag Seaport Private Limited - India
- Parliament of New Zealand
- Bulk Trading Sa - Switzerland
- TNB Fuel Sdn Bhd - Malaysia
- Sarangani Energy Corporation, Philippines
- Georgia Ports Authority, United States
- Semirara Mining and Power Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- GMR Energy Limited - India
- Trasteel International SA, Italy
- International Coal Ventures Pvt Ltd - India
- Semirara Mining Corp, Philippines
- Thai Mozambique Logistica
- PowerSource Philippines DevCo
- Offshore Bulk Terminal Pte Ltd, Singapore
- Chamber of Mines of South Africa
- Straits Asia Resources Limited - Singapore
- Singapore Mercantile Exchange
- Simpson Spence & Young - Indonesia
- Savvy Resources Ltd - HongKong
- Indika Energy - Indonesia
- Tata Chemicals Ltd - India
- Toyota Tsusho Corporation, Japan
- Minerals Council of Australia
- Makarim & Taira - Indonesia
- Jaiprakash Power Ventures ltd
- Lanco Infratech Ltd - India
- Coastal Gujarat Power Limited - India
- Siam City Cement - Thailand
- Formosa Plastics Group - Taiwan
- Australian Commodity Traders Exchange
- India Bulls Power Limited - India
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