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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, 19 March 15
HANDY: INDO COAL CARGOS DESTINED FOR INDIA BEING FIXED IN REGION OF $ 7-8K - FEARNLEYS
Handy
The Handy and Supra market has had a week with mixed signals. Although we see more activity in both hemispheres the rates are only up about ...
Thursday, 19 March 15
INDONESIAN COAL BENCHMARK SOAR 7.69% IN MARCH....!!!
COALspot.com - The Ministry of Energy & Mineral Resources of Indonesia revised up Indonesian coal benchmark prices to US$ 67.76 per MT in March ...
Wednesday, 18 March 15
AVERAGE RATE FOR CAPES MOVED TO BELOW $ 4K/DAY LAST WEEK - INTERMODAL
COALspot.com: The even heavier losses noted in the Capesize segment last week, denied the Dry Bulk market a third weekly positive, while the smalle ...
Wednesday, 18 March 15
PARKING THE CAPES - LINOS KOGEVINAS
It is no secret that recent times have been anything but kind towards shipping, and no sector has suffered more lately than the dry bulk one. While ...
Wednesday, 18 March 15
CHINA-OWNED SHIPS: A RAPID RISE TO BECOME ONE OF THE WORLD'S LARGEST FLEETS - RICHARD SCOTT
Ships operated by owners based in China have become increasingly prominent on the world’s sea routes. China-owned container ships, bulk carri ...
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- Central Electricity Authority - India
- Mjunction Services Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ministry of Finance - Indonesia
- Bhatia International Limited - India
- Directorate Of Revenue Intelligence - India
- Timah Investasi Mineral - Indoneisa
- Jaiprakash Power Ventures ltd
- Parry Sugars Refinery, India
- SN Aboitiz Power Inc, Philippines
- European Bulk Services B.V. - Netherlands
- Port Waratah Coal Services - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Global Coal Blending Company Limited - Australia
- PNOC Exploration Corporation - Philippines
- Merrill Lynch Commodities Europe
- Price Waterhouse Coopers - Russia
- Marubeni Corporation - India
- Iligan Light & Power Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- Indogreen Group - Indonesia
- Edison Trading Spa - Italy
- Gujarat Electricity Regulatory Commission - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- India Bulls Power Limited - India
- Medco Energi Mining Internasional
- White Energy Company Limited
- LBH Netherlands Bv - Netherlands
- Indo Tambangraya Megah - Indonesia
- Thiess Contractors Indonesia
- Chamber of Mines of South Africa
- Salva Resources Pvt Ltd - India
- Indian Energy Exchange, India
- Globalindo Alam Lestari - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- PTC India Limited - India
- Chettinad Cement Corporation Ltd - India
- Manunggal Multi Energi - Indonesia
- Semirara Mining Corp, Philippines
- Vedanta Resources Plc - India
- Bharathi Cement Corporation - India
- Mercuria Energy - Indonesia
- Makarim & Taira - Indonesia
- Eastern Coal Council - USA
- Videocon Industries ltd - India
- Electricity Authority, New Zealand
- Petrochimia International Co. Ltd.- Taiwan
- Kepco SPC Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Uttam Galva Steels Limited - India
- Economic Council, Georgia
- Ambuja Cements Ltd - India
- Orica Australia Pty. Ltd.
- Bulk Trading Sa - Switzerland
- Kumho Petrochemical, South Korea
- Latin American Coal - Colombia
- Petron Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Siam City Cement PLC, Thailand
- Barasentosa Lestari - Indonesia
- Carbofer General Trading SA - India
- Banpu Public Company Limited - Thailand
- ICICI Bank Limited - India
- Standard Chartered Bank - UAE
- Bangladesh Power Developement Board
- Dalmia Cement Bharat India
- Mercator Lines Limited - India
- Anglo American - United Kingdom
- Interocean Group of Companies - India
- Romanian Commodities Exchange
- Australian Commodity Traders Exchange
- Indika Energy - Indonesia
- South Luzon Thermal Energy Corporation
- Agrawal Coal Company - India
- Jindal Steel & Power Ltd - India
- Australian Coal Association
- Ind-Barath Power Infra Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Baramulti Group, Indonesia
- Electricity Generating Authority of Thailand
- Energy Development Corp, Philippines
- Independent Power Producers Association of India
- Binh Thuan Hamico - Vietnam
- Straits Asia Resources Limited - Singapore
- Savvy Resources Ltd - HongKong
- Maheswari Brothers Coal Limited - India
- OPG Power Generation Pvt Ltd - India
- Siam City Cement - Thailand
- IEA Clean Coal Centre - UK
- Ministry of Transport, Egypt
- Planning Commission, India
- Sindya Power Generating Company Private Ltd
- Sakthi Sugars Limited - India
- Georgia Ports Authority, United States
- Simpson Spence & Young - Indonesia
- SMG Consultants - Indonesia
- Posco Energy - South Korea
- Tata Chemicals Ltd - India
- Central Java Power - Indonesia
- Ministry of Mines - Canada
- ASAPP Information Group - India
- Mintek Dendrill Indonesia
- The Treasury - Australian Government
- Pendopo Energi Batubara - Indonesia
- Samtan Co., Ltd - South Korea
- Xindia Steels Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Bukit Makmur.PT - Indonesia
- Rashtriya Ispat Nigam Limited - India
- VISA Power Limited - India
- Bhoruka Overseas - Indonesia
- Meenaskhi Energy Private Limited - India
- Altura Mining Limited, Indonesia
- Eastern Energy - Thailand
- Kaltim Prima Coal - Indonesia
- MS Steel International - UAE
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Indian Oil Corporation Limited
- Madhucon Powers Ltd - India
- Bayan Resources Tbk. - Indonesia
- The State Trading Corporation of India Ltd
- Grasim Industreis Ltd - India
- Bhushan Steel Limited - India
- Aditya Birla Group - India
- Coastal Gujarat Power Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Global Green Power PLC Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- CNBM International Corporation - China
- Vijayanagar Sugar Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Wood Mackenzie - Singapore
- Gujarat Sidhee Cement - India
- Metalloyd Limited - United Kingdom
- Minerals Council of Australia
- Power Finance Corporation Ltd., India
- Star Paper Mills Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Coalindo Energy - Indonesia
- Sree Jayajothi Cements Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Essar Steel Hazira Ltd - India
- Formosa Plastics Group - Taiwan
- Miang Besar Coal Terminal - Indonesia
- International Coal Ventures Pvt Ltd - India
- Borneo Indobara - Indonesia
- Heidelberg Cement - Germany
- New Zealand Coal & Carbon
- Krishnapatnam Port Company Ltd. - India
- Trasteel International SA, Italy
- Pipit Mutiara Jaya. PT, Indonesia
- Renaissance Capital - South Africa
- Energy Link Ltd, New Zealand
- McConnell Dowell - Australia
- GMR Energy Limited - India
- The University of Queensland
- Thai Mozambique Logistica
- SMC Global Power, Philippines
- Alfred C Toepfer International GmbH - Germany
- Africa Commodities Group - South Africa
- PetroVietnam Power Coal Import and Supply Company
- Sinarmas Energy and Mining - Indonesia
- Intertek Mineral Services - Indonesia
- GAC Shipping (India) Pvt Ltd
- Malabar Cements Ltd - India
- Riau Bara Harum - Indonesia
- Singapore Mercantile Exchange
- Lanco Infratech Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- CIMB Investment Bank - Malaysia
- Attock Cement Pakistan Limited
- Gujarat Mineral Development Corp Ltd - India
- Global Business Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Orica Mining Services - Indonesia
- IHS Mccloskey Coal Group - USA
- Rio Tinto Coal - Australia
- Tamil Nadu electricity Board
- Toyota Tsusho Corporation, Japan
- Parliament of New Zealand
- Coal and Oil Company - UAE
- Meralco Power Generation, Philippines
- TeaM Sual Corporation - Philippines
- Kobexindo Tractors - Indoneisa
- Kalimantan Lumbung Energi - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Oldendorff Carriers - Singapore
- Cement Manufacturers Association - India
- Larsen & Toubro Limited - India
- Sojitz Corporation - Japan
- Therma Luzon, Inc, Philippines
- Sical Logistics Limited - India
- PowerSource Philippines DevCo
- San Jose City I Power Corp, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ceylon Electricity Board - Sri Lanka
- Aboitiz Power Corporation - Philippines
- Wilmar Investment Holdings
- Antam Resourcindo - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Vizag Seaport Private Limited - India
- Commonwealth Bank - Australia
- London Commodity Brokers - England
- Kideco Jaya Agung - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Indonesian Coal Mining Association
- Kartika Selabumi Mining - Indonesia
- GVK Power & Infra Limited - India
- Deloitte Consulting - India
- Goldman Sachs - Singapore
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