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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, 30 November 14
SUPRAMAX COAL FREIGHT RATES FROM INDONESIA TO INDIA : FIRM
COALspot.com: The BDI fell 171 points and closed at 1153 points on Friday 28 November 2014. The Cape index also lost 887 points and closed at 2151 ...
Friday, 28 November 14
NEW BIMCO CLAUSE AIMS TO REDUCE SUPPLIERS' RELIANCE ON SHIP ARREST FOR CHARTERERS' UNPAID BUNKERS
KNOWLEDGE TO ELEVATE
Ship owners can, on occasion, find themselves in the invidious position of suffering unexpected loss of hire due to a tim ...
Friday, 28 November 14
JSW ENERGY AND GRM RESOURCES JOIN GLOBALCOAL
COALspot.com: globalCOAL® announced yesterday that two new Market Members have joined its online coal trading platform. According globaCOAL&rsq ...
Thursday, 27 November 14
MINING SERVICES TAX SPIKED BY 233% - BISNIS INDONESIA
COALspot.com: The Energy and Mineral Resources Department of Indonesia said the tax contribution from mining services sector in the 3rd Q 2014 ...
Thursday, 27 November 14
PANAMAX : EXPECTATION'S FOR A STRONG END OF YEAR RUSH, DISAPPEAR DAY BY DAY - FEARNLEYS
Handy
“We have experienced a firming market the last couple of weeks. More activity from cargo owners in the Atlantic and less available to ...
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- Baramulti Group, Indonesia
- Medco Energi Mining Internasional
- Sindya Power Generating Company Private Ltd
- Commonwealth Bank - Australia
- Madhucon Powers Ltd - India
- International Coal Ventures Pvt Ltd - India
- Siam City Cement - Thailand
- Bhushan Steel Limited - India
- Aboitiz Power Corporation - Philippines
- Coal and Oil Company - UAE
- Global Green Power PLC Corporation, Philippines
- ICICI Bank Limited - India
- Sojitz Corporation - Japan
- Kaltim Prima Coal - Indonesia
- Timah Investasi Mineral - Indoneisa
- Economic Council, Georgia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Anglo American - United Kingdom
- Orica Australia Pty. Ltd.
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Latin American Coal - Colombia
- Siam City Cement PLC, Thailand
- Barasentosa Lestari - Indonesia
- Electricity Generating Authority of Thailand
- Wilmar Investment Holdings
- The Treasury - Australian Government
- Ministry of Transport, Egypt
- Singapore Mercantile Exchange
- Toyota Tsusho Corporation, Japan
- Indika Energy - Indonesia
- Planning Commission, India
- Antam Resourcindo - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Heidelberg Cement - Germany
- Ceylon Electricity Board - Sri Lanka
- CNBM International Corporation - China
- Manunggal Multi Energi - Indonesia
- Mercuria Energy - Indonesia
- Orica Mining Services - Indonesia
- Trasteel International SA, Italy
- Rio Tinto Coal - Australia
- Mjunction Services Limited - India
- Eastern Coal Council - USA
- Ambuja Cements Ltd - India
- Deloitte Consulting - India
- Samtan Co., Ltd - South Korea
- Jindal Steel & Power Ltd - India
- SMC Global Power, Philippines
- Bhoruka Overseas - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Oldendorff Carriers - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Tamil Nadu electricity Board
- Sakthi Sugars Limited - India
- Uttam Galva Steels Limited - India
- Central Java Power - Indonesia
- Indo Tambangraya Megah - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Interocean Group of Companies - India
- TNB Fuel Sdn Bhd - Malaysia
- Savvy Resources Ltd - HongKong
- Merrill Lynch Commodities Europe
- Australian Coal Association
- LBH Netherlands Bv - Netherlands
- New Zealand Coal & Carbon
- Gujarat Mineral Development Corp Ltd - India
- Indogreen Group - Indonesia
- GMR Energy Limited - India
- Energy Development Corp, Philippines
- Bhatia International Limited - India
- Ind-Barath Power Infra Limited - India
- Binh Thuan Hamico - Vietnam
- Port Waratah Coal Services - Australia
- Kobexindo Tractors - Indoneisa
- Semirara Mining Corp, Philippines
- Standard Chartered Bank - UAE
- Parliament of New Zealand
- MS Steel International - UAE
- IHS Mccloskey Coal Group - USA
- GN Power Mariveles Coal Plant, Philippines
- Thiess Contractors Indonesia
- SN Aboitiz Power Inc, Philippines
- Jaiprakash Power Ventures ltd
- Chettinad Cement Corporation Ltd - India
- Meenaskhi Energy Private Limited - India
- Gujarat Electricity Regulatory Commission - India
- Coastal Gujarat Power Limited - India
- Independent Power Producers Association of India
- ASAPP Information Group - India
- Gujarat Sidhee Cement - India
- Meralco Power Generation, Philippines
- Altura Mining Limited, Indonesia
- Bharathi Cement Corporation - India
- CIMB Investment Bank - Malaysia
- Romanian Commodities Exchange
- PowerSource Philippines DevCo
- Salva Resources Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Bulk Trading Sa - Switzerland
- Bangladesh Power Developement Board
- Intertek Mineral Services - Indonesia
- India Bulls Power Limited - India
- Aditya Birla Group - India
- Vedanta Resources Plc - India
- Marubeni Corporation - India
- Central Electricity Authority - India
- Leighton Contractors Pty Ltd - Australia
- Indonesian Coal Mining Association
- Alfred C Toepfer International GmbH - Germany
- Kalimantan Lumbung Energi - Indonesia
- Power Finance Corporation Ltd., India
- South Luzon Thermal Energy Corporation
- Ministry of Finance - Indonesia
- Star Paper Mills Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Bukit Makmur.PT - Indonesia
- Renaissance Capital - South Africa
- Vijayanagar Sugar Pvt Ltd - India
- Wood Mackenzie - Singapore
- Posco Energy - South Korea
- Lanco Infratech Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Dalmia Cement Bharat India
- Indian Energy Exchange, India
- Karbindo Abesyapradhi - Indoneisa
- Larsen & Toubro Limited - India
- GVK Power & Infra Limited - India
- The State Trading Corporation of India Ltd
- Sical Logistics Limited - India
- IEA Clean Coal Centre - UK
- Formosa Plastics Group - Taiwan
- Electricity Authority, New Zealand
- Kartika Selabumi Mining - Indonesia
- Minerals Council of Australia
- Grasim Industreis Ltd - India
- Eastern Energy - Thailand
- Malabar Cements Ltd - India
- Cement Manufacturers Association - India
- Krishnapatnam Port Company Ltd. - India
- Coalindo Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- White Energy Company Limited
- European Bulk Services B.V. - Netherlands
- Global Business Power Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Straits Asia Resources Limited - Singapore
- Parry Sugars Refinery, India
- AsiaOL BioFuels Corp., Philippines
- Energy Link Ltd, New Zealand
- PTC India Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Asmin Koalindo Tuhup - Indonesia
- Bayan Resources Tbk. - Indonesia
- Global Coal Blending Company Limited - Australia
- Price Waterhouse Coopers - Russia
- Kepco SPC Power Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Australian Commodity Traders Exchange
- Edison Trading Spa - Italy
- Riau Bara Harum - Indonesia
- Therma Luzon, Inc, Philippines
- Sree Jayajothi Cements Limited - India
- Mintek Dendrill Indonesia
- Georgia Ports Authority, United States
- Kohat Cement Company Ltd. - Pakistan
- London Commodity Brokers - England
- Karaikal Port Pvt Ltd - India
- Xindia Steels Limited - India
- Kapuas Tunggal Persada - Indonesia
- Vizag Seaport Private Limited - India
- Kumho Petrochemical, South Korea
- Bukit Baiduri Energy - Indonesia
- Essar Steel Hazira Ltd - India
- Chamber of Mines of South Africa
- Directorate Of Revenue Intelligence - India
- Sarangani Energy Corporation, Philippines
- Makarim & Taira - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Maheswari Brothers Coal Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Mercator Lines Limited - India
- GAC Shipping (India) Pvt Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Petron Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Ministry of Mines - Canada
- Indian Oil Corporation Limited
- Semirara Mining and Power Corporation, Philippines
- Tata Chemicals Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Borneo Indobara - Indonesia
- Videocon Industries ltd - India
- Holcim Trading Pte Ltd - Singapore
- TeaM Sual Corporation - Philippines
- VISA Power Limited - India
- Africa Commodities Group - South Africa
- McConnell Dowell - Australia
- Thai Mozambique Logistica
- Banpu Public Company Limited - Thailand
- San Jose City I Power Corp, Philippines
- Iligan Light & Power Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Carbofer General Trading SA - India
- Metalloyd Limited - United Kingdom
- Pipit Mutiara Jaya. PT, Indonesia
- Simpson Spence & Young - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Agrawal Coal Company - India
- PNOC Exploration Corporation - Philippines
- Attock Cement Pakistan Limited
- PetroVietnam Power Coal Import and Supply Company
- The University of Queensland
- SMG Consultants - Indonesia
- Goldman Sachs - Singapore
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