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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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Thursday, 04 February 16
CAPESIZE: WEST AUSTRALIAN TO CHINA HAS BEEN CONCLUDED AT US$ 2.85 PMT AND THE C3 MARKET REMAINS INACTIVE - FEARNLEYS
Capesize
As everyone is getting ready for the Chinese new year, already depressed rates are under further pressure.
According to Fearnleys, ...
Wednesday, 03 February 16
DRY BULK MARKET CONTINUES TO BE UNDER PRESSURE - INTERMODAL
The Dry Bulk market continues to be under pressure, with the BDI remaining in search of even the slightest support, which seems to be delaying more ...
Tuesday, 02 February 16
RECORD EXPORTS THROUGH SOUTH AFRICA'S RICHARDS BAY COAL TERMINAL MADE AT EXPENSE OF SMALLER RIVALS, IHS SAYS
Five percent increase in coal exports through South Africa’s dominant Richards Bay Coal Terminal in 2015 unlikely to accelerate country&rsquo ...
Tuesday, 02 February 16
SETTING ASIDE, STRIKING OUT AND APPEALS TO THE COURT OF APPEAL IN SHIP ARRESTS - RAJAH & TANN ASIA LLP
KNOWLEDGE TO ELEVATE
The Singapore Court of Appeal once again has had to grapple with ship arrest, setting aside and appeals to the Court unde ...
Monday, 01 February 16
DRY BULK SUFFERS FROM POSEIDON'S POTENT PRONGS - CLARKSONS
It has been a grim start to 2016 for the bulkcarrier market, with the Baltic Dry Index sliding to new record lows on almost every day of the year s ...
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- GN Power Mariveles Coal Plant, Philippines
- Mjunction Services Limited - India
- Commonwealth Bank - Australia
- Eastern Energy - Thailand
- Gujarat Mineral Development Corp Ltd - India
- South Luzon Thermal Energy Corporation
- Ministry of Finance - Indonesia
- Posco Energy - South Korea
- Vizag Seaport Private Limited - India
- Intertek Mineral Services - Indonesia
- Sakthi Sugars Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Aboitiz Power Corporation - Philippines
- European Bulk Services B.V. - Netherlands
- Edison Trading Spa - Italy
- Sojitz Corporation - Japan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Australian Coal Association
- Energy Link Ltd, New Zealand
- Makarim & Taira - Indonesia
- VISA Power Limited - India
- Semirara Mining Corp, Philippines
- Goldman Sachs - Singapore
- Singapore Mercantile Exchange
- Power Finance Corporation Ltd., India
- Indian Energy Exchange, India
- Energy Development Corp, Philippines
- Siam City Cement - Thailand
- Economic Council, Georgia
- PetroVietnam Power Coal Import and Supply Company
- Binh Thuan Hamico - Vietnam
- Iligan Light & Power Inc, Philippines
- Merrill Lynch Commodities Europe
- AsiaOL BioFuels Corp., Philippines
- Central Electricity Authority - India
- Anglo American - United Kingdom
- IEA Clean Coal Centre - UK
- Xindia Steels Limited - India
- Krishnapatnam Port Company Ltd. - India
- Straits Asia Resources Limited - Singapore
- Meralco Power Generation, Philippines
- Ambuja Cements Ltd - India
- Attock Cement Pakistan Limited
- Star Paper Mills Limited - India
- Formosa Plastics Group - Taiwan
- Kapuas Tunggal Persada - Indonesia
- The State Trading Corporation of India Ltd
- Kartika Selabumi Mining - Indonesia
- Georgia Ports Authority, United States
- Indo Tambangraya Megah - Indonesia
- CIMB Investment Bank - Malaysia
- Rashtriya Ispat Nigam Limited - India
- McConnell Dowell - Australia
- Cement Manufacturers Association - India
- Africa Commodities Group - South Africa
- Siam City Cement PLC, Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Bukit Baiduri Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- Global Green Power PLC Corporation, Philippines
- Bukit Makmur.PT - Indonesia
- PowerSource Philippines DevCo
- San Jose City I Power Corp, Philippines
- GVK Power & Infra Limited - India
- Antam Resourcindo - Indonesia
- Standard Chartered Bank - UAE
- Karaikal Port Pvt Ltd - India
- Bharathi Cement Corporation - India
- Orica Australia Pty. Ltd.
- Sinarmas Energy and Mining - Indonesia
- Lanco Infratech Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Riau Bara Harum - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kepco SPC Power Corporation, Philippines
- Mintek Dendrill Indonesia
- Chamber of Mines of South Africa
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- London Commodity Brokers - England
- SN Aboitiz Power Inc, Philippines
- Bhushan Steel Limited - India
- Tamil Nadu electricity Board
- Kumho Petrochemical, South Korea
- Asmin Koalindo Tuhup - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Bayan Resources Tbk. - Indonesia
- Trasteel International SA, Italy
- Coalindo Energy - Indonesia
- Indian Oil Corporation Limited
- Therma Luzon, Inc, Philippines
- Borneo Indobara - Indonesia
- Essar Steel Hazira Ltd - India
- Interocean Group of Companies - India
- Heidelberg Cement - Germany
- Jaiprakash Power Ventures ltd
- Electricity Authority, New Zealand
- Timah Investasi Mineral - Indoneisa
- The University of Queensland
- Sindya Power Generating Company Private Ltd
- Salva Resources Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Sree Jayajothi Cements Limited - India
- Sical Logistics Limited - India
- Oldendorff Carriers - Singapore
- Parry Sugars Refinery, India
- Altura Mining Limited, Indonesia
- Grasim Industreis Ltd - India
- ASAPP Information Group - India
- Kalimantan Lumbung Energi - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Cigading International Bulk Terminal - Indonesia
- IHS Mccloskey Coal Group - USA
- Parliament of New Zealand
- Bhatia International Limited - India
- Samtan Co., Ltd - South Korea
- International Coal Ventures Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Petron Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Leighton Contractors Pty Ltd - Australia
- Metalloyd Limited - United Kingdom
- Price Waterhouse Coopers - Russia
- Bulk Trading Sa - Switzerland
- Manunggal Multi Energi - Indonesia
- Uttam Galva Steels Limited - India
- Global Coal Blending Company Limited - Australia
- White Energy Company Limited
- Minerals Council of Australia
- The Treasury - Australian Government
- PNOC Exploration Corporation - Philippines
- Bhoruka Overseas - Indonesia
- Thai Mozambique Logistica
- Marubeni Corporation - India
- Ceylon Electricity Board - Sri Lanka
- Indogreen Group - Indonesia
- SMC Global Power, Philippines
- GAC Shipping (India) Pvt Ltd
- Ind-Barath Power Infra Limited - India
- Coal and Oil Company - UAE
- ICICI Bank Limited - India
- Renaissance Capital - South Africa
- Meenaskhi Energy Private Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Port Waratah Coal Services - Australia
- TNB Fuel Sdn Bhd - Malaysia
- Savvy Resources Ltd - HongKong
- Holcim Trading Pte Ltd - Singapore
- Deloitte Consulting - India
- Sarangani Energy Corporation, Philippines
- Gujarat Sidhee Cement - India
- Kohat Cement Company Ltd. - Pakistan
- India Bulls Power Limited - India
- Kobexindo Tractors - Indoneisa
- Ministry of Transport, Egypt
- Madhucon Powers Ltd - India
- Malabar Cements Ltd - India
- Vedanta Resources Plc - India
- SMG Consultants - Indonesia
- Kideco Jaya Agung - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PTC India Limited - India
- Coastal Gujarat Power Limited - India
- Gujarat Electricity Regulatory Commission - India
- Dalmia Cement Bharat India
- Wood Mackenzie - Singapore
- Barasentosa Lestari - Indonesia
- Chettinad Cement Corporation Ltd - India
- Ministry of Mines - Canada
- Pendopo Energi Batubara - Indonesia
- Larsen & Toubro Limited - India
- Globalindo Alam Lestari - Indonesia
- LBH Netherlands Bv - Netherlands
- Planning Commission, India
- TeaM Sual Corporation - Philippines
- Tata Chemicals Ltd - India
- Indonesian Coal Mining Association
- Romanian Commodities Exchange
- Bangladesh Power Developement Board
- MS Steel International - UAE
- Orica Mining Services - Indonesia
- Agrawal Coal Company - India
- Electricity Generating Authority of Thailand
- Rio Tinto Coal - Australia
- Simpson Spence & Young - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Thiess Contractors Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Latin American Coal - Colombia
- Aditya Birla Group - India
- Videocon Industries ltd - India
- Directorate Of Revenue Intelligence - India
- Miang Besar Coal Terminal - Indonesia
- Medco Energi Mining Internasional
- Australian Commodity Traders Exchange
- Carbofer General Trading SA - India
- Mercator Lines Limited - India
- Baramulti Group, Indonesia
- GMR Energy Limited - India
- Wilmar Investment Holdings
- Kaltim Prima Coal - Indonesia
- Maheswari Brothers Coal Limited - India
- OPG Power Generation Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- New Zealand Coal & Carbon
- Indika Energy - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- CNBM International Corporation - China
- Mercuria Energy - Indonesia
- Central Java Power - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Independent Power Producers Association of India
- Eastern Coal Council - USA
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