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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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Sunday, 21 June 15
SPOT RATE AVERAGES FOR FREIGHT FROM INDONESIA TO INDIA REMAIN STRONG THIS WEEK
COALspot.com: The freight market was quite firm this week compared to last week. The BDI was up 21% week on week and closed at 779 points. The cape ...
Friday, 19 June 15
U.S. WEEKLY COAL PRODUCTION UP SLIGHTLY COMPARED TO LAST WEEK; CONTINUES TO BE DOWN FROM LAST YEAR
COALspot.com – United States the second largest coal producer in the world has produced approximately totaled an estimated 15.4 million short ...
Friday, 19 June 15
INDONESIA'S COAL-TRAFFICKING PROBLEM REQUIRES IMPARTIAL INQUIRY - JAKARTA GLOBE
Indonesia, the leading supplier to the seaborne thermal coal market, produces 420 million tons of coal per year, according to its official tally.
...
Thursday, 18 June 15
DRY BULK SHIPPING: LOWEST FLEET GROWTH IN 10 YEARS MAY NOT PROVE ENOUGH AS DEMAND IS NOT KEEPING PACE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The demand side of things in the dry bulk market seems unable to keep pace with even the slightest fleet growth, a sign of the demise that the indu ...
Thursday, 18 June 15
THE FAR EAST HANDYSIZE, HANDYMAX, SUPRAMAX MARKET REMAINED STEADY LAST WEEK - INTERMODAL
COALspot.com: The Dry Bulk market closed off on Friday (last week) noting small gains on the back of stronger performance in the Panamax segment, w ...
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- Central Electricity Authority - India
- SN Aboitiz Power Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- Lanco Infratech Ltd - India
- Videocon Industries ltd - India
- Indika Energy - Indonesia
- Bhushan Steel Limited - India
- Sakthi Sugars Limited - India
- Semirara Mining Corp, Philippines
- Attock Cement Pakistan Limited
- Aditya Birla Group - India
- Kohat Cement Company Ltd. - Pakistan
- Thiess Contractors Indonesia
- Metalloyd Limited - United Kingdom
- Deloitte Consulting - India
- GVK Power & Infra Limited - India
- Makarim & Taira - Indonesia
- Georgia Ports Authority, United States
- Gujarat Mineral Development Corp Ltd - India
- McConnell Dowell - Australia
- Parry Sugars Refinery, India
- Madhucon Powers Ltd - India
- San Jose City I Power Corp, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Alfred C Toepfer International GmbH - Germany
- Indo Tambangraya Megah - Indonesia
- SMG Consultants - Indonesia
- Edison Trading Spa - Italy
- Global Business Power Corporation, Philippines
- Heidelberg Cement - Germany
- Global Coal Blending Company Limited - Australia
- Directorate Of Revenue Intelligence - India
- Electricity Generating Authority of Thailand
- Ministry of Transport, Egypt
- GMR Energy Limited - India
- Minerals Council of Australia
- Jindal Steel & Power Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Energy Link Ltd, New Zealand
- Chettinad Cement Corporation Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Merrill Lynch Commodities Europe
- Chamber of Mines of South Africa
- Anglo American - United Kingdom
- Savvy Resources Ltd - HongKong
- Kideco Jaya Agung - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Cigading International Bulk Terminal - Indonesia
- White Energy Company Limited
- Sree Jayajothi Cements Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indogreen Group - Indonesia
- New Zealand Coal & Carbon
- Ambuja Cements Ltd - India
- Interocean Group of Companies - India
- Kumho Petrochemical, South Korea
- Dalmia Cement Bharat India
- Tata Chemicals Ltd - India
- Petron Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Bayan Resources Tbk. - Indonesia
- Medco Energi Mining Internasional
- Kobexindo Tractors - Indoneisa
- Larsen & Toubro Limited - India
- Romanian Commodities Exchange
- CNBM International Corporation - China
- Australian Commodity Traders Exchange
- Oldendorff Carriers - Singapore
- VISA Power Limited - India
- Mercuria Energy - Indonesia
- Marubeni Corporation - India
- Borneo Indobara - Indonesia
- Altura Mining Limited, Indonesia
- Mjunction Services Limited - India
- Grasim Industreis Ltd - India
- Indian Energy Exchange, India
- Renaissance Capital - South Africa
- Indonesian Coal Mining Association
- International Coal Ventures Pvt Ltd - India
- Ministry of Finance - Indonesia
- Xindia Steels Limited - India
- LBH Netherlands Bv - Netherlands
- Bahari Cakrawala Sebuku - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Manunggal Multi Energi - Indonesia
- Sinarmas Energy and Mining - Indonesia
- PNOC Exploration Corporation - Philippines
- India Bulls Power Limited - India
- IEA Clean Coal Centre - UK
- Kalimantan Lumbung Energi - Indonesia
- Price Waterhouse Coopers - Russia
- Toyota Tsusho Corporation, Japan
- Mercator Lines Limited - India
- Billiton Holdings Pty Ltd - Australia
- Vizag Seaport Private Limited - India
- Siam City Cement PLC, Thailand
- MS Steel International - UAE
- Formosa Plastics Group - Taiwan
- Bhatia International Limited - India
- AsiaOL BioFuels Corp., Philippines
- Rio Tinto Coal - Australia
- Ministry of Mines - Canada
- Petrochimia International Co. Ltd.- Taiwan
- Bhoruka Overseas - Indonesia
- Gujarat Sidhee Cement - India
- Wood Mackenzie - Singapore
- Gujarat Electricity Regulatory Commission - India
- Jorong Barutama Greston.PT - Indonesia
- Trasteel International SA, Italy
- Riau Bara Harum - Indonesia
- Kaltim Prima Coal - Indonesia
- Wilmar Investment Holdings
- Sindya Power Generating Company Private Ltd
- Australian Coal Association
- Coal and Oil Company - UAE
- Bukit Makmur.PT - Indonesia
- Port Waratah Coal Services - Australia
- Power Finance Corporation Ltd., India
- Electricity Authority, New Zealand
- PTC India Limited - India
- Cement Manufacturers Association - India
- CIMB Investment Bank - Malaysia
- Commonwealth Bank - Australia
- Coastal Gujarat Power Limited - India
- Karbindo Abesyapradhi - Indoneisa
- The State Trading Corporation of India Ltd
- Malabar Cements Ltd - India
- Straits Asia Resources Limited - Singapore
- Thai Mozambique Logistica
- Economic Council, Georgia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bharathi Cement Corporation - India
- Simpson Spence & Young - Indonesia
- Salva Resources Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Indian Oil Corporation Limited
- Vedanta Resources Plc - India
- Pendopo Energi Batubara - Indonesia
- Timah Investasi Mineral - Indoneisa
- Ceylon Electricity Board - Sri Lanka
- Independent Power Producers Association of India
- Jaiprakash Power Ventures ltd
- Barasentosa Lestari - Indonesia
- Bangladesh Power Developement Board
- The Treasury - Australian Government
- Uttam Galva Steels Limited - India
- South Luzon Thermal Energy Corporation
- Karaikal Port Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Orica Mining Services - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Standard Chartered Bank - UAE
- Bukit Asam (Persero) Tbk - Indonesia
- Aboitiz Power Corporation - Philippines
- Iligan Light & Power Inc, Philippines
- Tamil Nadu electricity Board
- Siam City Cement - Thailand
- Rashtriya Ispat Nigam Limited - India
- Baramulti Group, Indonesia
- Sarangani Energy Corporation, Philippines
- Central Java Power - Indonesia
- Ind-Barath Power Infra Limited - India
- IHS Mccloskey Coal Group - USA
- Carbofer General Trading SA - India
- OPG Power Generation Pvt Ltd - India
- Agrawal Coal Company - India
- Meralco Power Generation, Philippines
- Eastern Coal Council - USA
- SMC Global Power, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- London Commodity Brokers - England
- Antam Resourcindo - Indonesia
- Bukit Baiduri Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Meenaskhi Energy Private Limited - India
- Africa Commodities Group - South Africa
- Kartika Selabumi Mining - Indonesia
- Essar Steel Hazira Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bulk Trading Sa - Switzerland
- Sojitz Corporation - Japan
- Planning Commission, India
- TNB Fuel Sdn Bhd - Malaysia
- GAC Shipping (India) Pvt Ltd
- Kepco SPC Power Corporation, Philippines
- Goldman Sachs - Singapore
- European Bulk Services B.V. - Netherlands
- Samtan Co., Ltd - South Korea
- Therma Luzon, Inc, Philippines
- Energy Development Corp, Philippines
- Mintek Dendrill Indonesia
- Semirara Mining and Power Corporation, Philippines
- Coalindo Energy - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- ASAPP Information Group - India
- Eastern Energy - Thailand
- Singapore Mercantile Exchange
- Neyveli Lignite Corporation Ltd, - India
- Intertek Mineral Services - Indonesia
- The University of Queensland
- PowerSource Philippines DevCo
- Star Paper Mills Limited - India
- TeaM Sual Corporation - Philippines
- Maheswari Brothers Coal Limited - India
- Sical Logistics Limited - India
- Parliament of New Zealand
- Banpu Public Company Limited - Thailand
- Posco Energy - South Korea
- Latin American Coal - Colombia
- Asmin Koalindo Tuhup - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Leighton Contractors Pty Ltd - Australia
- ICICI Bank Limited - India
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