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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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Wednesday, 15 October 14
SHIPOWNER NOT LIABLE FOR CARGO DAMAGE RESULTING FROM POOR STOWAGE - CLYDE & CO
KNOWLEDGE TO ELEVATE
Russian metal trading company Yuzhny Zavod Metall Profil (YZMP), the holder of a CONGEN 1994 bill of lading, took delivery o ...
Wednesday, 15 October 14
NEWCASTLE SHIPPED 13.96 MILLION TONS OF COAL IN SEPTEMBER; UP 5.72%
COALspot.com: The Port of Newcastle, Australia’s major trading ports and the world’s largest coal export port, has shipped $1,227.7 wor ...
Tuesday, 14 October 14
KING COAL UNDER ATTACK? - EVA TZIMA
With the last quarter of the year being well underway and with no strong signs that the Dry Bulk market could be ready for a big positive reversal, ...
Tuesday, 14 October 14
THE NEW CHINESE TRANSPORTATION TAX LAW: WHAT DOES IT MEAN FOR GREEK SHIPPING? - DELOITTE
China has recently promulgated a new law which imposes tax on profits from freights of inbound routes. The objective of the new tax law titled &ldq ...
Monday, 13 October 14
CHINESE COAL IMPORT TARIFFS YET ANOTHER BLOW TO AUSTRALIAN COAL EXPORTS - TIM BUCKLEY
COALspot.com: China’s unexpected move to reintroduce thermal coal import tariffs of 6% will have a materially negative impact on the viabilit ...
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- Australian Coal Association
- Intertek Mineral Services - Indonesia
- Vizag Seaport Private Limited - India
- White Energy Company Limited
- Heidelberg Cement - Germany
- Kohat Cement Company Ltd. - Pakistan
- South Luzon Thermal Energy Corporation
- Essar Steel Hazira Ltd - India
- Africa Commodities Group - South Africa
- VISA Power Limited - India
- Iligan Light & Power Inc, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Sojitz Corporation - Japan
- Videocon Industries ltd - India
- Merrill Lynch Commodities Europe
- Orica Mining Services - Indonesia
- Vedanta Resources Plc - India
- Coalindo Energy - Indonesia
- New Zealand Coal & Carbon
- Indian Oil Corporation Limited
- Barasentosa Lestari - Indonesia
- Latin American Coal - Colombia
- Indonesian Coal Mining Association
- Electricity Generating Authority of Thailand
- Uttam Galva Steels Limited - India
- Deloitte Consulting - India
- Energy Development Corp, Philippines
- Lanco Infratech Ltd - India
- Riau Bara Harum - Indonesia
- London Commodity Brokers - England
- Larsen & Toubro Limited - India
- Meenaskhi Energy Private Limited - India
- OPG Power Generation Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Bayan Resources Tbk. - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- IHS Mccloskey Coal Group - USA
- Formosa Plastics Group - Taiwan
- International Coal Ventures Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Bhushan Steel Limited - India
- MS Steel International - UAE
- Kalimantan Lumbung Energi - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Mercuria Energy - Indonesia
- Globalindo Alam Lestari - Indonesia
- Medco Energi Mining Internasional
- Ministry of Transport, Egypt
- Global Business Power Corporation, Philippines
- The Treasury - Australian Government
- CNBM International Corporation - China
- Sinarmas Energy and Mining - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Kaltim Prima Coal - Indonesia
- ICICI Bank Limited - India
- Tata Chemicals Ltd - India
- SMG Consultants - Indonesia
- Tamil Nadu electricity Board
- Jindal Steel & Power Ltd - India
- Krishnapatnam Port Company Ltd. - India
- TNB Fuel Sdn Bhd - Malaysia
- Billiton Holdings Pty Ltd - Australia
- Ministry of Mines - Canada
- The State Trading Corporation of India Ltd
- Economic Council, Georgia
- Pendopo Energi Batubara - Indonesia
- Malabar Cements Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Bahari Cakrawala Sebuku - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Rio Tinto Coal - Australia
- GAC Shipping (India) Pvt Ltd
- India Bulls Power Limited - India
- Holcim Trading Pte Ltd - Singapore
- Indian Energy Exchange, India
- ASAPP Information Group - India
- Sarangani Energy Corporation, Philippines
- Goldman Sachs - Singapore
- Directorate Of Revenue Intelligence - India
- IEA Clean Coal Centre - UK
- Chamber of Mines of South Africa
- Standard Chartered Bank - UAE
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Binh Thuan Hamico - Vietnam
- LBH Netherlands Bv - Netherlands
- Indogreen Group - Indonesia
- Siam City Cement - Thailand
- Bhatia International Limited - India
- Power Finance Corporation Ltd., India
- Mercator Lines Limited - India
- AsiaOL BioFuels Corp., Philippines
- Eastern Coal Council - USA
- Bukit Makmur.PT - Indonesia
- Kumho Petrochemical, South Korea
- Coal and Oil Company - UAE
- Bharathi Cement Corporation - India
- Coastal Gujarat Power Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- PowerSource Philippines DevCo
- Leighton Contractors Pty Ltd - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- Trasteel International SA, Italy
- Xindia Steels Limited - India
- Semirara Mining Corp, Philippines
- Ministry of Finance - Indonesia
- Bangladesh Power Developement Board
- Georgia Ports Authority, United States
- Offshore Bulk Terminal Pte Ltd, Singapore
- European Bulk Services B.V. - Netherlands
- Siam City Cement PLC, Thailand
- Mintek Dendrill Indonesia
- Gujarat Electricity Regulatory Commission - India
- Agrawal Coal Company - India
- Aditya Birla Group - India
- Sakthi Sugars Limited - India
- Orica Australia Pty. Ltd.
- Thiess Contractors Indonesia
- Wilmar Investment Holdings
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Meralco Power Generation, Philippines
- Price Waterhouse Coopers - Russia
- Central Java Power - Indonesia
- Edison Trading Spa - Italy
- SMC Global Power, Philippines
- GVK Power & Infra Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Toyota Tsusho Corporation, Japan
- Energy Link Ltd, New Zealand
- Commonwealth Bank - Australia
- Cement Manufacturers Association - India
- Altura Mining Limited, Indonesia
- Global Green Power PLC Corporation, Philippines
- Petron Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Semirara Mining and Power Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Sical Logistics Limited - India
- Independent Power Producers Association of India
- Ambuja Cements Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Carbofer General Trading SA - India
- PNOC Exploration Corporation - Philippines
- San Jose City I Power Corp, Philippines
- Planning Commission, India
- Gujarat Sidhee Cement - India
- PetroVietnam Power Coal Import and Supply Company
- Parliament of New Zealand
- Indika Energy - Indonesia
- Electricity Authority, New Zealand
- Minerals Council of Australia
- Neyveli Lignite Corporation Ltd, - India
- Mjunction Services Limited - India
- Jaiprakash Power Ventures ltd
- CIMB Investment Bank - Malaysia
- Bhoruka Overseas - Indonesia
- TeaM Sual Corporation - Philippines
- Sree Jayajothi Cements Limited - India
- Port Waratah Coal Services - Australia
- Asmin Koalindo Tuhup - Indonesia
- Thai Mozambique Logistica
- Straits Asia Resources Limited - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Salva Resources Pvt Ltd - India
- PTC India Limited - India
- Borneo Indobara - Indonesia
- Parry Sugars Refinery, India
- Grasim Industreis Ltd - India
- Kartika Selabumi Mining - Indonesia
- Kepco SPC Power Corporation, Philippines
- Anglo American - United Kingdom
- Kapuas Tunggal Persada - Indonesia
- Eastern Energy - Thailand
- Savvy Resources Ltd - HongKong
- Makarim & Taira - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Wood Mackenzie - Singapore
- Interocean Group of Companies - India
- Star Paper Mills Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Timah Investasi Mineral - Indoneisa
- Oldendorff Carriers - Singapore
- Samtan Co., Ltd - South Korea
- Singapore Mercantile Exchange
- Attock Cement Pakistan Limited
- The University of Queensland
- Simpson Spence & Young - Indonesia
- Banpu Public Company Limited - Thailand
- Maheswari Brothers Coal Limited - India
- Marubeni Corporation - India
- Therma Luzon, Inc, Philippines
- Manunggal Multi Energi - Indonesia
- Renaissance Capital - South Africa
- Kobexindo Tractors - Indoneisa
- Indo Tambangraya Megah - Indonesia
- Kideco Jaya Agung - Indonesia
- Romanian Commodities Exchange
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Posco Energy - South Korea
- Central Electricity Authority - India
- Karaikal Port Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Baramulti Group, Indonesia
- Antam Resourcindo - Indonesia
- Bukit Baiduri Energy - Indonesia
- SN Aboitiz Power Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Australian Commodity Traders Exchange
- Metalloyd Limited - United Kingdom
- Madhucon Powers Ltd - India
- Dalmia Cement Bharat India
- GMR Energy Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- McConnell Dowell - Australia
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