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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, 13 July 15
THE DRY BULK MARKET CLOSED ON A POSITIVE TONE THIS PAST WEEK
COALspot.com: Despite Greece crisis and turmoil in the stock market across the world , the freight market overall was firm and up in all segments t ...
Sunday, 12 July 15
SHIPYARD NOT LIABLE FOR ENGINE ROOM FIRE CAUSED BY OIL LEAKAGE - BIRCH WINDAHL
KNOWLEDGE TO ELEVATE
A Danish vessel owner requested a Danish shipyard to undertake repairs and maintenance works on its vessel. An agreement ...
Saturday, 11 July 15
MAJOR IRANIAN GAS EXPORTS WILL TAKE AT LEAST FIVE YEARS - FITCH
Iran has the long-term potential to become one of the world's top gas producers, thanks to its 34 trillion cubic meters (tcm) of natural gas re ...
Friday, 10 July 15
DRY BULK MARKET KEEPS POSITIVE MOMENTUM - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has kept its positive momentum over the course of the past few days, thanks to Panamax gains. During yesterday’s session ...
Friday, 10 July 15
U.S PRODUCED APPROXIMATELY TOTALED AN ESTIMATED 14.1 MMST WEEK OVER WEEK - EIA
COALspot.com – United States the second largest coal producer in the world has produced approximately totaled an estimated 14.1 million short ...
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- Pendopo Energi Batubara - Indonesia
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- Chettinad Cement Corporation Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Jindal Steel & Power Ltd - India
- Binh Thuan Hamico - Vietnam
- Orica Australia Pty. Ltd.
- Borneo Indobara - Indonesia
- CIMB Investment Bank - Malaysia
- IEA Clean Coal Centre - UK
- Billiton Holdings Pty Ltd - Australia
- Bhoruka Overseas - Indonesia
- International Coal Ventures Pvt Ltd - India
- Renaissance Capital - South Africa
- Therma Luzon, Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Antam Resourcindo - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Timah Investasi Mineral - Indoneisa
- Indian Oil Corporation Limited
- Romanian Commodities Exchange
- Sojitz Corporation - Japan
- Lanco Infratech Ltd - India
- Electricity Generating Authority of Thailand
- Agrawal Coal Company - India
- Bhushan Steel Limited - India
- Metalloyd Limited - United Kingdom
- Coalindo Energy - Indonesia
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- Thiess Contractors Indonesia
- Ambuja Cements Ltd - India
- White Energy Company Limited
- Iligan Light & Power Inc, Philippines
- Banpu Public Company Limited - Thailand
- LBH Netherlands Bv - Netherlands
- Africa Commodities Group - South Africa
- GMR Energy Limited - India
- Electricity Authority, New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- Vizag Seaport Private Limited - India
- Miang Besar Coal Terminal - Indonesia
- ASAPP Information Group - India
- Power Finance Corporation Ltd., India
- Siam City Cement - Thailand
- Videocon Industries ltd - India
- The State Trading Corporation of India Ltd
- Coastal Gujarat Power Limited - India
- Parliament of New Zealand
- Kapuas Tunggal Persada - Indonesia
- Aditya Birla Group - India
- PTC India Limited - India
- Straits Asia Resources Limited - Singapore
- Kumho Petrochemical, South Korea
- Orica Mining Services - Indonesia
- San Jose City I Power Corp, Philippines
- Global Coal Blending Company Limited - Australia
- Samtan Co., Ltd - South Korea
- Latin American Coal - Colombia
- Barasentosa Lestari - Indonesia
- Altura Mining Limited, Indonesia
- Medco Energi Mining Internasional
- Petron Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Posco Energy - South Korea
- TeaM Sual Corporation - Philippines
- Mjunction Services Limited - India
- Larsen & Toubro Limited - India
- Grasim Industreis Ltd - India
- Bulk Trading Sa - Switzerland
- Karbindo Abesyapradhi - Indoneisa
- Anglo American - United Kingdom
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Independent Power Producers Association of India
- Ind-Barath Power Infra Limited - India
- Malabar Cements Ltd - India
- Planning Commission, India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Port Waratah Coal Services - Australia
- GAC Shipping (India) Pvt Ltd
- McConnell Dowell - Australia
- Economic Council, Georgia
- Sindya Power Generating Company Private Ltd
- Alfred C Toepfer International GmbH - Germany
- Bhatia International Limited - India
- Energy Link Ltd, New Zealand
- CNBM International Corporation - China
- Parry Sugars Refinery, India
- Bukit Makmur.PT - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Thai Mozambique Logistica
- Gujarat Electricity Regulatory Commission - India
- Energy Development Corp, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Oldendorff Carriers - Singapore
- South Luzon Thermal Energy Corporation
- Deloitte Consulting - India
- Aboitiz Power Corporation - Philippines
- Simpson Spence & Young - Indonesia
- Ministry of Mines - Canada
- SMC Global Power, Philippines
- Star Paper Mills Limited - India
- Salva Resources Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- Central Electricity Authority - India
- Dalmia Cement Bharat India
- PowerSource Philippines DevCo
- New Zealand Coal & Carbon
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- Interocean Group of Companies - India
- Madhucon Powers Ltd - India
- Kepco SPC Power Corporation, Philippines
- Attock Cement Pakistan Limited
- SN Aboitiz Power Inc, Philippines
- VISA Power Limited - India
- Eastern Coal Council - USA
- Holcim Trading Pte Ltd - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Australian Commodity Traders Exchange
- Coal and Oil Company - UAE
- Bharathi Cement Corporation - India
- Goldman Sachs - Singapore
- Kartika Selabumi Mining - Indonesia
- Manunggal Multi Energi - Indonesia
- Meenaskhi Energy Private Limited - India
- Riau Bara Harum - Indonesia
- Tamil Nadu electricity Board
- Semirara Mining and Power Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Maheswari Brothers Coal Limited - India
- Baramulti Group, Indonesia
- Krishnapatnam Port Company Ltd. - India
- The Treasury - Australian Government
- Indogreen Group - Indonesia
- Sree Jayajothi Cements Limited - India
- Rashtriya Ispat Nigam Limited - India
- Eastern Energy - Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Edison Trading Spa - Italy
- Wood Mackenzie - Singapore
- Georgia Ports Authority, United States
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Central Java Power - Indonesia
- Kaltim Prima Coal - Indonesia
- Commonwealth Bank - Australia
- Minerals Council of Australia
- Directorate Of Revenue Intelligence - India
- Marubeni Corporation - India
- Bangladesh Power Developement Board
- Sakthi Sugars Limited - India
- Gujarat Sidhee Cement - India
- Chamber of Mines of South Africa
- Mercator Lines Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Sarangani Energy Corporation, Philippines
- Wilmar Investment Holdings
- ICICI Bank Limited - India
- AsiaOL BioFuels Corp., Philippines
- Kalimantan Lumbung Energi - Indonesia
- Standard Chartered Bank - UAE
- Jorong Barutama Greston.PT - Indonesia
- Xindia Steels Limited - India
- Siam City Cement PLC, Thailand
- Cement Manufacturers Association - India
- Bayan Resources Tbk. - Indonesia
- Indian Energy Exchange, India
- Indonesian Coal Mining Association
- Sical Logistics Limited - India
- Australian Coal Association
- Vedanta Resources Plc - India
- Mercuria Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Heidelberg Cement - Germany
- Makarim & Taira - Indonesia
- Tata Chemicals Ltd - India
- Global Green Power PLC Corporation, Philippines
- Price Waterhouse Coopers - Russia
- Trasteel International SA, Italy
- Carbofer General Trading SA - India
- Toyota Tsusho Corporation, Japan
- Globalindo Alam Lestari - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- IHS Mccloskey Coal Group - USA
- Ministry of Finance - Indonesia
- Rio Tinto Coal - Australia
- Indika Energy - Indonesia
- MS Steel International - UAE
- Leighton Contractors Pty Ltd - Australia
- Mintek Dendrill Indonesia
- Global Business Power Corporation, Philippines
- Intertek Mineral Services - Indonesia
- Savvy Resources Ltd - HongKong
- SMG Consultants - Indonesia
- Bukit Baiduri Energy - Indonesia
- Jaiprakash Power Ventures ltd
- The University of Queensland
- GN Power Mariveles Coal Plant, Philippines
- Merrill Lynch Commodities Europe
- TNB Fuel Sdn Bhd - Malaysia
- Essar Steel Hazira Ltd - India
- Formosa Plastics Group - Taiwan
- Indo Tambangraya Megah - Indonesia
- Sinarmas Energy and Mining - Indonesia
- London Commodity Brokers - England
- Uttam Galva Steels Limited - India
- PNOC Exploration Corporation - Philippines
- Semirara Mining Corp, Philippines
- Meralco Power Generation, Philippines
- GVK Power & Infra Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Singapore Mercantile Exchange
- India Bulls Power Limited - India
- Karaikal Port Pvt Ltd - India
- Ministry of Transport, Egypt
- Ceylon Electricity Board - Sri Lanka
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