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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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Friday, 20 February 15
U.S. PRODUCED AROUND 19.2 MILLION SHORT TONS OF COAL WEEK ON WEEK
COALspot.com – United States the world's one of the largest coal producers, produced approximately 19.2 million short tons (mmst) of coal ...
Thursday, 19 February 15
PANAMAX: NOPAC AND AUSSIE ROUNDS ARE DONE IN LOW/MID $ 4000; TRIPS VIA INDONESIA TO INDIA CLOSER TO THE $5000 MARK - FEARNLEYS
Handy
The handy and supra market has not seen any firming rates in front of the Chinese New Year and still suffering on low activity in both hemi ...
Wednesday, 18 February 15
DRY BULK SHIPPING TO RECOVER IN LATE 2015 - DREWRY MARITIME RESEARCH
Strong trade growth, moderating fleet development and deployment of new fuel efficient vessels are expected to lead to a recovery in dry bulk shipp ...
Tuesday, 17 February 15
WHO PAYS THE SUEZ CANAL FEES? - INCE & CO
KNOWLEDGE TO ELEVATE
This was an appeal from an arbitration award on a point of construction in relation to the wording of an addendum to a ch ...
Tuesday, 17 February 15
BUOYANT WAVES IN RECENT YEARS: GLOBAL SHIP INVESTMENT SINCE THE CRASH - HELLENIC SHIPPING NEWS
Anxiety about fleet expansion is a recurring feature of world shipping markets. Within the global maritime community, worries about the vast amount ...
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- Agrawal Coal Company - India
- Coal and Oil Company - UAE
- PTC India Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- London Commodity Brokers - England
- Sinarmas Energy and Mining - Indonesia
- Manunggal Multi Energi - Indonesia
- India Bulls Power Limited - India
- Indian Energy Exchange, India
- Leighton Contractors Pty Ltd - Australia
- Orica Mining Services - Indonesia
- Independent Power Producers Association of India
- PowerSource Philippines DevCo
- Kaltim Prima Coal - Indonesia
- Intertek Mineral Services - Indonesia
- Thai Mozambique Logistica
- Port Waratah Coal Services - Australia
- Tamil Nadu electricity Board
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mjunction Services Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Minerals Council of Australia
- Krishnapatnam Port Company Ltd. - India
- Ministry of Mines - Canada
- Timah Investasi Mineral - Indoneisa
- Meenaskhi Energy Private Limited - India
- Globalindo Alam Lestari - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Anglo American - United Kingdom
- Sakthi Sugars Limited - India
- Binh Thuan Hamico - Vietnam
- Indian Oil Corporation Limited
- Bayan Resources Tbk. - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Wood Mackenzie - Singapore
- CIMB Investment Bank - Malaysia
- Cigading International Bulk Terminal - Indonesia
- Straits Asia Resources Limited - Singapore
- Semirara Mining and Power Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- MS Steel International - UAE
- Energy Link Ltd, New Zealand
- Kapuas Tunggal Persada - Indonesia
- Bukit Makmur.PT - Indonesia
- Marubeni Corporation - India
- Gujarat Electricity Regulatory Commission - India
- Interocean Group of Companies - India
- GAC Shipping (India) Pvt Ltd
- Carbofer General Trading SA - India
- Meralco Power Generation, Philippines
- GVK Power & Infra Limited - India
- Holcim Trading Pte Ltd - Singapore
- Cement Manufacturers Association - India
- Malabar Cements Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Simpson Spence & Young - Indonesia
- Toyota Tsusho Corporation, Japan
- Uttam Galva Steels Limited - India
- Indika Energy - Indonesia
- Indogreen Group - Indonesia
- Jindal Steel & Power Ltd - India
- Kepco SPC Power Corporation, Philippines
- Oldendorff Carriers - Singapore
- PNOC Exploration Corporation - Philippines
- Borneo Indobara - Indonesia
- Savvy Resources Ltd - HongKong
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Goldman Sachs - Singapore
- Economic Council, Georgia
- Mintek Dendrill Indonesia
- Sree Jayajothi Cements Limited - India
- Latin American Coal - Colombia
- Kartika Selabumi Mining - Indonesia
- Lanco Infratech Ltd - India
- Bhoruka Overseas - Indonesia
- Ministry of Transport, Egypt
- Thiess Contractors Indonesia
- Directorate Of Revenue Intelligence - India
- Makarim & Taira - Indonesia
- Videocon Industries ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Kobexindo Tractors - Indoneisa
- Formosa Plastics Group - Taiwan
- Parliament of New Zealand
- Planning Commission, India
- Essar Steel Hazira Ltd - India
- Power Finance Corporation Ltd., India
- Romanian Commodities Exchange
- Kumho Petrochemical, South Korea
- Electricity Generating Authority of Thailand
- Medco Energi Mining Internasional
- Riau Bara Harum - Indonesia
- Coastal Gujarat Power Limited - India
- Kideco Jaya Agung - Indonesia
- Attock Cement Pakistan Limited
- Eastern Energy - Thailand
- Indo Tambangraya Megah - Indonesia
- The Treasury - Australian Government
- Vedanta Resources Plc - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Altura Mining Limited, Indonesia
- Price Waterhouse Coopers - Russia
- TNB Fuel Sdn Bhd - Malaysia
- Maharashtra Electricity Regulatory Commission - India
- Aboitiz Power Corporation - Philippines
- Jaiprakash Power Ventures ltd
- Pipit Mutiara Jaya. PT, Indonesia
- Indonesian Coal Mining Association
- Pendopo Energi Batubara - Indonesia
- TeaM Sual Corporation - Philippines
- European Bulk Services B.V. - Netherlands
- AsiaOL BioFuels Corp., Philippines
- Rashtriya Ispat Nigam Limited - India
- Xindia Steels Limited - India
- Heidelberg Cement - Germany
- Renaissance Capital - South Africa
- McConnell Dowell - Australia
- Chettinad Cement Corporation Ltd - India
- SMG Consultants - Indonesia
- Sarangani Energy Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Metalloyd Limited - United Kingdom
- Iligan Light & Power Inc, Philippines
- Banpu Public Company Limited - Thailand
- VISA Power Limited - India
- Mercuria Energy - Indonesia
- Larsen & Toubro Limited - India
- Tata Chemicals Ltd - India
- The State Trading Corporation of India Ltd
- Billiton Holdings Pty Ltd - Australia
- Aditya Birla Group - India
- White Energy Company Limited
- Central Electricity Authority - India
- GMR Energy Limited - India
- Miang Besar Coal Terminal - Indonesia
- Therma Luzon, Inc, Philippines
- Sical Logistics Limited - India
- Antam Resourcindo - Indonesia
- Bharathi Cement Corporation - India
- Samtan Co., Ltd - South Korea
- Vizag Seaport Private Limited - India
- Deloitte Consulting - India
- Directorate General of MIneral and Coal - Indonesia
- Bhatia International Limited - India
- SMC Global Power, Philippines
- Rio Tinto Coal - Australia
- Edison Trading Spa - Italy
- Central Java Power - Indonesia
- Bulk Trading Sa - Switzerland
- Electricity Authority, New Zealand
- Dalmia Cement Bharat India
- New Zealand Coal & Carbon
- Global Business Power Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Vijayanagar Sugar Pvt Ltd - India
- Standard Chartered Bank - UAE
- Salva Resources Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Coalindo Energy - Indonesia
- Petron Corporation, Philippines
- Siam City Cement PLC, Thailand
- Orica Australia Pty. Ltd.
- Semirara Mining Corp, Philippines
- OPG Power Generation Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Africa Commodities Group - South Africa
- LBH Netherlands Bv - Netherlands
- Wilmar Investment Holdings
- ASAPP Information Group - India
- Grasim Industreis Ltd - India
- SN Aboitiz Power Inc, Philippines
- Parry Sugars Refinery, India
- Trasteel International SA, Italy
- IEA Clean Coal Centre - UK
- Baramulti Group, Indonesia
- Energy Development Corp, Philippines
- Ambuja Cements Ltd - India
- The University of Queensland
- Australian Coal Association
- IHS Mccloskey Coal Group - USA
- Gujarat Mineral Development Corp Ltd - India
- Star Paper Mills Limited - India
- Global Green Power PLC Corporation, Philippines
- Posco Energy - South Korea
- Bhushan Steel Limited - India
- Merrill Lynch Commodities Europe
- Eastern Coal Council - USA
- Sojitz Corporation - Japan
- Maheswari Brothers Coal Limited - India
- Commonwealth Bank - Australia
- South Luzon Thermal Energy Corporation
- Neyveli Lignite Corporation Ltd, - India
- Georgia Ports Authority, United States
- Gujarat Sidhee Cement - India
- Singapore Mercantile Exchange
- Siam City Cement - Thailand
- Australian Commodity Traders Exchange
- International Coal Ventures Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- GN Power Mariveles Coal Plant, Philippines
- San Jose City I Power Corp, Philippines
- Global Coal Blending Company Limited - Australia
- Bangladesh Power Developement Board
- Barasentosa Lestari - Indonesia
- Ministry of Finance - Indonesia
- CNBM International Corporation - China
- Mercator Lines Limited - India
- ICICI Bank Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Chamber of Mines of South Africa
- Alfred C Toepfer International GmbH - Germany
- Madhucon Powers Ltd - India
- Bukit Baiduri Energy - Indonesia
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