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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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Saturday, 28 March 15
THE DRY BULK FLEET AT BREAKING POINT - CLARKSONS
The severe oversupply in the bulkcarrier fleet has contributed to the current trough in the dry bulk market, putting considerable financial pressur ...
Friday, 27 March 15
INDONESIA: NEW REGULATION REQUIRES LETTER OF CREDIT FOR EXPORT OF PRODUCTS FROM NATURAL RESOURCES
The Minister of Trade issued Ministerial Regulation No. 04/M-DAG/PER/1/2015 (“Regulation No. 4/2015”) on 5 January 2015. Regulati ...
Friday, 27 March 15
WEEKLY U.S COAL OUTPUT FALLS 1.7% W-W; 7.9% Y-Y
COALspot.com – United States the world's one of the largest coal producers, produced approximately totaled an estimated 18.2 million ...
Thursday, 26 March 15
CHINA IRON ORE IMPORT FOR THE FIRST 2 MONTHS DECLINED BY 1.2 % Y-O-Y; PANAMAX AUSSIE/CHINA ROUNDS BEING FIXED IN THE $4 -5K RANGE - FEARNLEYS
Handy
There has been more activity in both hemispheres this week. Especially the USG market has picked up with more cargoes for prompter dates en ...
Thursday, 26 March 15
RATES FOR THE SMALLER SIZE SEGMENT CONTINUED TO IMPROVE LAST WEEK - INTERMODAL
To see green across the board is a rare occurrence in the Dry Bulk market nowadays and while the upside in which last week closed off is not of the ...
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- Cigading International Bulk Terminal - Indonesia
- Borneo Indobara - Indonesia
- Xindia Steels Limited - India
- Meenaskhi Energy Private Limited - India
- Eastern Energy - Thailand
- Global Coal Blending Company Limited - Australia
- Bulk Trading Sa - Switzerland
- Binh Thuan Hamico - Vietnam
- Maheswari Brothers Coal Limited - India
- Orica Australia Pty. Ltd.
- Karaikal Port Pvt Ltd - India
- Latin American Coal - Colombia
- Tamil Nadu electricity Board
- TNB Fuel Sdn Bhd - Malaysia
- Pipit Mutiara Jaya. PT, Indonesia
- Mercator Lines Limited - India
- Ambuja Cements Ltd - India
- Kideco Jaya Agung - Indonesia
- Coal and Oil Company - UAE
- Timah Investasi Mineral - Indoneisa
- Petrochimia International Co. Ltd.- Taiwan
- Eastern Coal Council - USA
- The University of Queensland
- Sakthi Sugars Limited - India
- Aboitiz Power Corporation - Philippines
- Sojitz Corporation - Japan
- Formosa Plastics Group - Taiwan
- Sree Jayajothi Cements Limited - India
- Kapuas Tunggal Persada - Indonesia
- Economic Council, Georgia
- Bayan Resources Tbk. - Indonesia
- Savvy Resources Ltd - HongKong
- Kartika Selabumi Mining - Indonesia
- Attock Cement Pakistan Limited
- Straits Asia Resources Limited - Singapore
- Thiess Contractors Indonesia
- Deloitte Consulting - India
- Energy Development Corp, Philippines
- Bharathi Cement Corporation - India
- Gujarat Electricity Regulatory Commission - India
- Banpu Public Company Limited - Thailand
- Kobexindo Tractors - Indoneisa
- Merrill Lynch Commodities Europe
- Jaiprakash Power Ventures ltd
- Star Paper Mills Limited - India
- Intertek Mineral Services - Indonesia
- Gujarat Sidhee Cement - India
- PetroVietnam Power Coal Import and Supply Company
- TeaM Sual Corporation - Philippines
- Goldman Sachs - Singapore
- Jindal Steel & Power Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Gujarat Mineral Development Corp Ltd - India
- San Jose City I Power Corp, Philippines
- Bhushan Steel Limited - India
- Central Electricity Authority - India
- Heidelberg Cement - Germany
- Indian Oil Corporation Limited
- Medco Energi Mining Internasional
- Standard Chartered Bank - UAE
- Maharashtra Electricity Regulatory Commission - India
- Aditya Birla Group - India
- CIMB Investment Bank - Malaysia
- PowerSource Philippines DevCo
- Thai Mozambique Logistica
- Siam City Cement - Thailand
- Baramulti Group, Indonesia
- Ind-Barath Power Infra Limited - India
- Energy Link Ltd, New Zealand
- Oldendorff Carriers - Singapore
- IHS Mccloskey Coal Group - USA
- ICICI Bank Limited - India
- MS Steel International - UAE
- Parry Sugars Refinery, India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Simpson Spence & Young - Indonesia
- Malabar Cements Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indogreen Group - Indonesia
- Planning Commission, India
- Antam Resourcindo - Indonesia
- Ministry of Finance - Indonesia
- Grasim Industreis Ltd - India
- Iligan Light & Power Inc, Philippines
- Bhatia International Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- PNOC Exploration Corporation - Philippines
- Sarangani Energy Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Coalindo Energy - Indonesia
- Port Waratah Coal Services - Australia
- SMG Consultants - Indonesia
- PTC India Limited - India
- Salva Resources Pvt Ltd - India
- Interocean Group of Companies - India
- Neyveli Lignite Corporation Ltd, - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Sical Logistics Limited - India
- Dalmia Cement Bharat India
- Leighton Contractors Pty Ltd - Australia
- Mercuria Energy - Indonesia
- Tata Chemicals Ltd - India
- Australian Coal Association
- Makarim & Taira - Indonesia
- Romanian Commodities Exchange
- Kepco SPC Power Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Bhoruka Overseas - Indonesia
- Semirara Mining Corp, Philippines
- Alfred C Toepfer International GmbH - Germany
- Kaltim Prima Coal - Indonesia
- Vedanta Resources Plc - India
- ASAPP Information Group - India
- Agrawal Coal Company - India
- International Coal Ventures Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- SMC Global Power, Philippines
- The State Trading Corporation of India Ltd
- Electricity Generating Authority of Thailand
- Anglo American - United Kingdom
- Kohat Cement Company Ltd. - Pakistan
- Billiton Holdings Pty Ltd - Australia
- Therma Luzon, Inc, Philippines
- Bangladesh Power Developement Board
- Sindya Power Generating Company Private Ltd
- Power Finance Corporation Ltd., India
- Renaissance Capital - South Africa
- Orica Mining Services - Indonesia
- Coastal Gujarat Power Limited - India
- Chamber of Mines of South Africa
- Miang Besar Coal Terminal - Indonesia
- Bukit Makmur.PT - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Parliament of New Zealand
- Mintek Dendrill Indonesia
- Singapore Mercantile Exchange
- Indonesian Coal Mining Association
- CNBM International Corporation - China
- Sinarmas Energy and Mining - Indonesia
- Directorate Of Revenue Intelligence - India
- GAC Shipping (India) Pvt Ltd
- AsiaOL BioFuels Corp., Philippines
- India Bulls Power Limited - India
- VISA Power Limited - India
- New Zealand Coal & Carbon
- Wilmar Investment Holdings
- Global Business Power Corporation, Philippines
- Mjunction Services Limited - India
- Indian Energy Exchange, India
- Madhucon Powers Ltd - India
- Indo Tambangraya Megah - Indonesia
- Rio Tinto Coal - Australia
- South Luzon Thermal Energy Corporation
- McConnell Dowell - Australia
- Pendopo Energi Batubara - Indonesia
- London Commodity Brokers - England
- Independent Power Producers Association of India
- Barasentosa Lestari - Indonesia
- IEA Clean Coal Centre - UK
- Ministry of Mines - Canada
- Rashtriya Ispat Nigam Limited - India
- Edison Trading Spa - Italy
- Essar Steel Hazira Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Global Green Power PLC Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- Indika Energy - Indonesia
- Marubeni Corporation - India
- Larsen & Toubro Limited - India
- Globalindo Alam Lestari - Indonesia
- Lanco Infratech Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Carbofer General Trading SA - India
- OPG Power Generation Pvt Ltd - India
- Central Java Power - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Vizag Seaport Private Limited - India
- GVK Power & Infra Limited - India
- Manunggal Multi Energi - Indonesia
- Minerals Council of Australia
- Semirara Mining and Power Corporation, Philippines
- Wood Mackenzie - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Cement Manufacturers Association - India
- Videocon Industries ltd - India
- GMR Energy Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Chettinad Cement Corporation Ltd - India
- Petron Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Commonwealth Bank - Australia
- Ministry of Transport, Egypt
- Directorate General of MIneral and Coal - Indonesia
- Trasteel International SA, Italy
- Riau Bara Harum - Indonesia
- Africa Commodities Group - South Africa
- Electricity Authority, New Zealand
- Georgia Ports Authority, United States
- Altura Mining Limited, Indonesia
- White Energy Company Limited
- Asmin Koalindo Tuhup - Indonesia
- Kumho Petrochemical, South Korea
- Meralco Power Generation, Philippines
- The Treasury - Australian Government
- Price Waterhouse Coopers - Russia
- Vijayanagar Sugar Pvt Ltd - India
- Posco Energy - South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- SN Aboitiz Power Inc, Philippines
- Samtan Co., Ltd - South Korea
- Uttam Galva Steels Limited - India
- Australian Commodity Traders Exchange
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