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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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Monday, 24 March 14
SGX'S Q2'14 CFR SOUTH CHINA COAL SWAP CLOSES SLIGHTLY HIGHER W-O-W
COALspot.com: API 8 CFR South China Coal swaps for average Q2 14 deliveries lost 1.81 percent month on month and closed at US$ 74.82 per mt as o ...
Sunday, 23 March 14
THE COAL FREIGHT RATES SEEN SLIGHTLY FIRMING UP THIS WEEK - REDDY
COALspot.com: The freight market firmed up this week. BDI was up 8.26 pct week on week and index was closed at 1599 points. The Cape index was u ...
Saturday, 22 March 14
SHIP OWNERS INVEST $15 BILLION FOR NEWBUILDINGS AND SECONDHAND VESSELS DURING FEBRUARY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Ship owners have kept on their aggressive stance in the investment scene both for newbuildings, as well as for secondhand vessels globally durin ...
Friday, 21 March 14
DRY BULK MARKET STAYS ON RECOVERY MODE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market has reached new year heighs, as a result of renewed Capesize demand. The Baltic Dry Index (BDI) ended yesterday's sessio ...
Friday, 21 March 14
US COAL PRODUCTION UP 1.5%; WEST MISSISSIPPI COAL PRODUCTION DOWN 1.85% WEEK ON WEEK
COALspot.com – United States the world's second largest coal producer, produced approximately 19.0 million short tons (mmst) of coal i ...
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- MS Steel International - UAE
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- Indian Oil Corporation Limited
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- Karaikal Port Pvt Ltd - India
- Renaissance Capital - South Africa
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- Ambuja Cements Ltd - India
- Posco Energy - South Korea
- VISA Power Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Globalindo Alam Lestari - Indonesia
- Kepco SPC Power Corporation, Philippines
- Altura Mining Limited, Indonesia
- Merrill Lynch Commodities Europe
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- Ind-Barath Power Infra Limited - India
- Aditya Birla Group - India
- Ceylon Electricity Board - Sri Lanka
- Kohat Cement Company Ltd. - Pakistan
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- Intertek Mineral Services - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Star Paper Mills Limited - India
- White Energy Company Limited
- Goldman Sachs - Singapore
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- European Bulk Services B.V. - Netherlands
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- Global Green Power PLC Corporation, Philippines
- Standard Chartered Bank - UAE
- San Jose City I Power Corp, Philippines
- Mintek Dendrill Indonesia
- Coalindo Energy - Indonesia
- Indonesian Coal Mining Association
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- Eastern Energy - Thailand
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- Pendopo Energi Batubara - Indonesia
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- Bharathi Cement Corporation - India
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- Malabar Cements Ltd - India
- Bukit Makmur.PT - Indonesia
- Karbindo Abesyapradhi - Indoneisa
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- Africa Commodities Group - South Africa
- Binh Thuan Hamico - Vietnam
- Ministry of Finance - Indonesia
- Singapore Mercantile Exchange
- New Zealand Coal & Carbon
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- Iligan Light & Power Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- South Luzon Thermal Energy Corporation
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- Maheswari Brothers Coal Limited - India
- Agrawal Coal Company - India
- Gujarat Electricity Regulatory Commission - India
- Kaltim Prima Coal - Indonesia
- Thiess Contractors Indonesia
- Tamil Nadu electricity Board
- Directorate General of MIneral and Coal - Indonesia
- The University of Queensland
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- Energy Link Ltd, New Zealand
- Eastern Coal Council - USA
- Jaiprakash Power Ventures ltd
- Metalloyd Limited - United Kingdom
- Parliament of New Zealand
- Gujarat Mineral Development Corp Ltd - India
- Bhushan Steel Limited - India
- Bukit Baiduri Energy - Indonesia
- Coal and Oil Company - UAE
- PTC India Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mercator Lines Limited - India
- Wood Mackenzie - Singapore
- Leighton Contractors Pty Ltd - Australia
- ASAPP Information Group - India
- Economic Council, Georgia
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- Mercuria Energy - Indonesia
- Global Coal Blending Company Limited - Australia
- Sree Jayajothi Cements Limited - India
- SMC Global Power, Philippines
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- Therma Luzon, Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
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- Kideco Jaya Agung - Indonesia
- Mjunction Services Limited - India
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- Georgia Ports Authority, United States
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- Petron Corporation, Philippines
- The Treasury - Australian Government
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- Dr Ramakrishna Prasad Power Pvt Ltd - India
- SMG Consultants - Indonesia
- Commonwealth Bank - Australia
- Siam City Cement PLC, Thailand
- Ministry of Mines - Canada
- McConnell Dowell - Australia
- Baramulti Group, Indonesia
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- Attock Cement Pakistan Limited
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- The State Trading Corporation of India Ltd
- International Coal Ventures Pvt Ltd - India
- Energy Development Corp, Philippines
- Vedanta Resources Plc - India
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- Thai Mozambique Logistica
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- Orica Mining Services - Indonesia
- GAC Shipping (India) Pvt Ltd
- Billiton Holdings Pty Ltd - Australia
- Deloitte Consulting - India
- Electricity Authority, New Zealand
- Coastal Gujarat Power Limited - India
- Medco Energi Mining Internasional
- Sinarmas Energy and Mining - Indonesia
- Bayan Resources Tbk. - Indonesia
- Dalmia Cement Bharat India
- Gujarat Sidhee Cement - India
- Indika Energy - Indonesia
- Indogreen Group - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bhatia International Limited - India
- Directorate Of Revenue Intelligence - India
- Sical Logistics Limited - India
- Independent Power Producers Association of India
- PowerSource Philippines DevCo
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bhoruka Overseas - Indonesia
- Vizag Seaport Private Limited - India
- Australian Coal Association
- Australian Commodity Traders Exchange
- GVK Power & Infra Limited - India
- Chamber of Mines of South Africa
- Oldendorff Carriers - Singapore
- Wilmar Investment Holdings
- Sindya Power Generating Company Private Ltd
- Central Java Power - Indonesia
- Bangladesh Power Developement Board
- Latin American Coal - Colombia
- Marubeni Corporation - India
- Lanco Infratech Ltd - India
- Cement Manufacturers Association - India
- Larsen & Toubro Limited - India
- Essar Steel Hazira Ltd - India
- Meralco Power Generation, Philippines
- GMR Energy Limited - India
- Edison Trading Spa - Italy
- Indian Energy Exchange, India
- Rio Tinto Coal - Australia
- Heidelberg Cement - Germany
- Interocean Group of Companies - India
- Power Finance Corporation Ltd., India
- Formosa Plastics Group - Taiwan
- London Commodity Brokers - England
- Toyota Tsusho Corporation, Japan
- Ministry of Transport, Egypt
- Miang Besar Coal Terminal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Xindia Steels Limited - India
- CNBM International Corporation - China
- SN Aboitiz Power Inc, Philippines
- Planning Commission, India
- Orica Australia Pty. Ltd.
- PetroVietnam Power Coal Import and Supply Company
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- India Bulls Power Limited - India
- Alfred C Toepfer International GmbH - Germany
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bulk Trading Sa - Switzerland
- ICICI Bank Limited - India
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- Samtan Co., Ltd - South Korea
- Pipit Mutiara Jaya. PT, Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- PNOC Exploration Corporation - Philippines
- Simpson Spence & Young - Indonesia
- Romanian Commodities Exchange
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- IEA Clean Coal Centre - UK
- Salva Resources Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Uttam Galva Steels Limited - India
- Kobexindo Tractors - Indoneisa
- Sojitz Corporation - Japan
- Carbofer General Trading SA - India
- Antam Resourcindo - Indonesia
- Price Waterhouse Coopers - Russia
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