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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, 25 October 13
U.S. YEAR-TO-DATE COAL PRODUCTION REACHED TOTALLED 803.1 MMST
COALspot.com – United States the world’s second largest coal producer produced approximately 19.10 million short tons (mmst) of coal in ...
Thursday, 24 October 13
PANAMAX: RATES SLIP ACROSS BOTH HEMISPHERES
Handy
We were back from holidays but still not much enquiries in the market. Overall future direction is uncertain. Currently, ships passing Singap ...
Thursday, 24 October 13
SHIP PRICES ARE INCREASING ON THE BACK OF IMPROVED MARKET SENTIMENT - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market has kept on retreating from its recent highs, ending yesterday at 1,786 points, down 61 points on the day, with Capesizes leadin ...
Wednesday, 23 October 13
DRY BULK MARKET HAS SHOWN SIGNS OF STABILITY - INTERMODAL
Chartering (Wet: Stable+ / Dry: Stable-)
The Dry Bulk market has shown signs of stability this past week, with the sole exception of Capes, rates f ...
Wednesday, 23 October 13
MARKET SENTIMENT IN THE DRY BULK SECTOR REMAINS POSITIVE - YANNIS OLZIERSKY
Market sentiment in the dry bulk sector remains positive despite the latest correction in freight rates for the Capesize sector, which are sliding f ...
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- Bayan Resources Tbk. - Indonesia
- Therma Luzon, Inc, Philippines
- Bukit Baiduri Energy - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Karaikal Port Pvt Ltd - India
- Lanco Infratech Ltd - India
- PowerSource Philippines DevCo
- Electricity Generating Authority of Thailand
- PNOC Exploration Corporation - Philippines
- Manunggal Multi Energi - Indonesia
- Binh Thuan Hamico - Vietnam
- Samtan Co., Ltd - South Korea
- Cement Manufacturers Association - India
- Parry Sugars Refinery, India
- Indian Oil Corporation Limited
- Goldman Sachs - Singapore
- London Commodity Brokers - England
- Directorate Of Revenue Intelligence - India
- Baramulti Group, Indonesia
- Iligan Light & Power Inc, Philippines
- Bukit Makmur.PT - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Malabar Cements Ltd - India
- Aditya Birla Group - India
- OPG Power Generation Pvt Ltd - India
- White Energy Company Limited
- Billiton Holdings Pty Ltd - Australia
- Kartika Selabumi Mining - Indonesia
- Alfred C Toepfer International GmbH - Germany
- TeaM Sual Corporation - Philippines
- Bhoruka Overseas - Indonesia
- Renaissance Capital - South Africa
- Indogreen Group - Indonesia
- Meralco Power Generation, Philippines
- Central Java Power - Indonesia
- Electricity Authority, New Zealand
- Bahari Cakrawala Sebuku - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Planning Commission, India
- Anglo American - United Kingdom
- Trasteel International SA, Italy
- Orica Australia Pty. Ltd.
- Indo Tambangraya Megah - Indonesia
- Interocean Group of Companies - India
- Deloitte Consulting - India
- Power Finance Corporation Ltd., India
- Coastal Gujarat Power Limited - India
- Banpu Public Company Limited - Thailand
- Australian Commodity Traders Exchange
- Indian Energy Exchange, India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Petrochimia International Co. Ltd.- Taiwan
- Bhatia International Limited - India
- Vedanta Resources Plc - India
- Karbindo Abesyapradhi - Indoneisa
- Tata Chemicals Ltd - India
- Price Waterhouse Coopers - Russia
- Intertek Mineral Services - Indonesia
- Sarangani Energy Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Sical Logistics Limited - India
- Essar Steel Hazira Ltd - India
- LBH Netherlands Bv - Netherlands
- GMR Energy Limited - India
- Ministry of Transport, Egypt
- Jaiprakash Power Ventures ltd
- Ind-Barath Power Infra Limited - India
- Thiess Contractors Indonesia
- Latin American Coal - Colombia
- Sojitz Corporation - Japan
- VISA Power Limited - India
- European Bulk Services B.V. - Netherlands
- Orica Mining Services - Indonesia
- CNBM International Corporation - China
- Bharathi Cement Corporation - India
- Vizag Seaport Private Limited - India
- South Luzon Thermal Energy Corporation
- The State Trading Corporation of India Ltd
- Cigading International Bulk Terminal - Indonesia
- Madhucon Powers Ltd - India
- Antam Resourcindo - Indonesia
- Romanian Commodities Exchange
- Kaltim Prima Coal - Indonesia
- Toyota Tsusho Corporation, Japan
- Posco Energy - South Korea
- Mercator Lines Limited - India
- Metalloyd Limited - United Kingdom
- Vijayanagar Sugar Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Kepco SPC Power Corporation, Philippines
- Videocon Industries ltd - India
- Carbofer General Trading SA - India
- Marubeni Corporation - India
- Gujarat Mineral Development Corp Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Oldendorff Carriers - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- ASAPP Information Group - India
- Krishnapatnam Port Company Ltd. - India
- Savvy Resources Ltd - HongKong
- Star Paper Mills Limited - India
- Timah Investasi Mineral - Indoneisa
- Port Waratah Coal Services - Australia
- Simpson Spence & Young - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Directorate General of MIneral and Coal - Indonesia
- Bulk Trading Sa - Switzerland
- Independent Power Producers Association of India
- Maheswari Brothers Coal Limited - India
- Georgia Ports Authority, United States
- Barasentosa Lestari - Indonesia
- SMG Consultants - Indonesia
- Ministry of Mines - Canada
- SN Aboitiz Power Inc, Philippines
- Coalindo Energy - Indonesia
- Siam City Cement PLC, Thailand
- Rio Tinto Coal - Australia
- Uttam Galva Steels Limited - India
- Meenaskhi Energy Private Limited - India
- Agrawal Coal Company - India
- Bangladesh Power Developement Board
- The Treasury - Australian Government
- Salva Resources Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- The University of Queensland
- Wilmar Investment Holdings
- Ambuja Cements Ltd - India
- Mjunction Services Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Maharashtra Electricity Regulatory Commission - India
- Altura Mining Limited, Indonesia
- Kapuas Tunggal Persada - Indonesia
- Siam City Cement - Thailand
- ICICI Bank Limited - India
- Mintek Dendrill Indonesia
- International Coal Ventures Pvt Ltd - India
- Medco Energi Mining Internasional
- Rashtriya Ispat Nigam Limited - India
- Ceylon Electricity Board - Sri Lanka
- Chamber of Mines of South Africa
- Global Coal Blending Company Limited - Australia
- Semirara Mining Corp, Philippines
- Ministry of Finance - Indonesia
- CIMB Investment Bank - Malaysia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Straits Asia Resources Limited - Singapore
- India Bulls Power Limited - India
- Sindya Power Generating Company Private Ltd
- Formosa Plastics Group - Taiwan
- Chettinad Cement Corporation Ltd - India
- Kideco Jaya Agung - Indonesia
- Indika Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Central Electricity Authority - India
- Kalimantan Lumbung Energi - Indonesia
- Grasim Industreis Ltd - India
- Commonwealth Bank - Australia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Makarim & Taira - Indonesia
- Xindia Steels Limited - India
- Merrill Lynch Commodities Europe
- MS Steel International - UAE
- GVK Power & Infra Limited - India
- Kumho Petrochemical, South Korea
- Wood Mackenzie - Singapore
- Jindal Steel & Power Ltd - India
- Globalindo Alam Lestari - Indonesia
- Australian Coal Association
- San Jose City I Power Corp, Philippines
- PTC India Limited - India
- Global Green Power PLC Corporation, Philippines
- Africa Commodities Group - South Africa
- Dalmia Cement Bharat India
- AsiaOL BioFuels Corp., Philippines
- Energy Link Ltd, New Zealand
- Leighton Contractors Pty Ltd - Australia
- Tamil Nadu electricity Board
- New Zealand Coal & Carbon
- Pendopo Energi Batubara - Indonesia
- Sakthi Sugars Limited - India
- Sinarmas Energy and Mining - Indonesia
- Eastern Coal Council - USA
- Kobexindo Tractors - Indoneisa
- Coal and Oil Company - UAE
- GN Power Mariveles Coal Plant, Philippines
- SMC Global Power, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- IEA Clean Coal Centre - UK
- Larsen & Toubro Limited - India
- Singapore Mercantile Exchange
- Economic Council, Georgia
- Standard Chartered Bank - UAE
- Eastern Energy - Thailand
- Heidelberg Cement - Germany
- Petron Corporation, Philippines
- McConnell Dowell - Australia
- Indonesian Coal Mining Association
- Neyveli Lignite Corporation Ltd, - India
- Global Business Power Corporation, Philippines
- Edison Trading Spa - Italy
- Parliament of New Zealand
- Bhushan Steel Limited - India
- Attock Cement Pakistan Limited
- GAC Shipping (India) Pvt Ltd
- Semirara Mining and Power Corporation, Philippines
- Gujarat Sidhee Cement - India
- Minerals Council of Australia
- Borneo Indobara - Indonesia
- Mercuria Energy - Indonesia
- Energy Development Corp, Philippines
- Sree Jayajothi Cements Limited - India
- Thai Mozambique Logistica
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