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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, 02 October 13
HOW LONG WILL THIS LATEST CAPESIZE RALLY LAST? - TASOS PAPADOPOULOS
By Tasos Papadopoulos, SnP Broker, Intermodal
The surge in iron ore trade has translated into a massive boost in daily earnings for capes; with t ...
Tuesday, 01 October 13
DRY BULK MARKET POISED FOR RETREAT ON CHINA HOLIDAY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The start of a national weeklong in China as of Tuesday is expected to put a lid in the latest rally of the dry bulk freight market, as has always b ...
Monday, 30 September 13
NEWCASTLE'S COAL EXPORT VOLUME CONTINUES TO SLIP
COALspot.com: Power plant and semi-soft coking coal shipments from Australia's Newcastle port fell 8.38 per cent week on week to 2.67 million mt fo ...
Monday, 30 September 13
PANAMAX CHARTER RATES TOUCHING US$ 18K FOR A TRIP TO NOPAC - CAPT. REDDY
COALspot.com : The freight market continued to remain firm, BDI and the Panamax index up week ended 27 September 2013.
The cape index was fell to ...
Sunday, 29 September 13
API 8 CFR SOUTH CHINA COAL Q3 2014 DELIVERY SWAP GAINED $1.19 M-O-M
COALspot.com : SGX has launched API 8 CFR South China Coal Swap on 29 April 2013 and SGX replaced the previous swap.
API 8 CFR South China Coal s ...
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- SMG Consultants - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Eastern Coal Council - USA
- Australian Coal Association
- Timah Investasi Mineral - Indoneisa
- GN Power Mariveles Coal Plant, Philippines
- Indika Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- Standard Chartered Bank - UAE
- Xindia Steels Limited - India
- Thiess Contractors Indonesia
- LBH Netherlands Bv - Netherlands
- The University of Queensland
- Mintek Dendrill Indonesia
- Port Waratah Coal Services - Australia
- IEA Clean Coal Centre - UK
- Uttam Galva Steels Limited - India
- Leighton Contractors Pty Ltd - Australia
- Videocon Industries ltd - India
- Madhucon Powers Ltd - India
- PowerSource Philippines DevCo
- Kumho Petrochemical, South Korea
- Kohat Cement Company Ltd. - Pakistan
- Therma Luzon, Inc, Philippines
- Wood Mackenzie - Singapore
- Planning Commission, India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Romanian Commodities Exchange
- Attock Cement Pakistan Limited
- Oldendorff Carriers - Singapore
- Medco Energi Mining Internasional
- Iligan Light & Power Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Latin American Coal - Colombia
- Aditya Birla Group - India
- Chamber of Mines of South Africa
- Formosa Plastics Group - Taiwan
- Goldman Sachs - Singapore
- Energy Development Corp, Philippines
- Independent Power Producers Association of India
- Pipit Mutiara Jaya. PT, Indonesia
- Electricity Authority, New Zealand
- Kepco SPC Power Corporation, Philippines
- London Commodity Brokers - England
- Kideco Jaya Agung - Indonesia
- Coastal Gujarat Power Limited - India
- Coalindo Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Essar Steel Hazira Ltd - India
- Marubeni Corporation - India
- Lanco Infratech Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Global Coal Blending Company Limited - Australia
- McConnell Dowell - Australia
- Ministry of Finance - Indonesia
- Sojitz Corporation - Japan
- Economic Council, Georgia
- Thai Mozambique Logistica
- GAC Shipping (India) Pvt Ltd
- Parliament of New Zealand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Simpson Spence & Young - Indonesia
- Antam Resourcindo - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Tamil Nadu electricity Board
- Altura Mining Limited, Indonesia
- Central Java Power - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Orica Mining Services - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Heidelberg Cement - Germany
- Baramulti Group, Indonesia
- Orica Australia Pty. Ltd.
- Australian Commodity Traders Exchange
- Karaikal Port Pvt Ltd - India
- Carbofer General Trading SA - India
- VISA Power Limited - India
- Karbindo Abesyapradhi - Indoneisa
- White Energy Company Limited
- Electricity Generating Authority of Thailand
- The Treasury - Australian Government
- The State Trading Corporation of India Ltd
- Riau Bara Harum - Indonesia
- Banpu Public Company Limited - Thailand
- PNOC Exploration Corporation - Philippines
- Interocean Group of Companies - India
- Global Green Power PLC Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- San Jose City I Power Corp, Philippines
- Siam City Cement PLC, Thailand
- Sree Jayajothi Cements Limited - India
- Kapuas Tunggal Persada - Indonesia
- New Zealand Coal & Carbon
- European Bulk Services B.V. - Netherlands
- Makarim & Taira - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Bukit Baiduri Energy - Indonesia
- Samtan Co., Ltd - South Korea
- Mercuria Energy - Indonesia
- Mjunction Services Limited - India
- Global Business Power Corporation, Philippines
- Star Paper Mills Limited - India
- Bhushan Steel Limited - India
- Dalmia Cement Bharat India
- Jindal Steel & Power Ltd - India
- OPG Power Generation Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- GMR Energy Limited - India
- Straits Asia Resources Limited - Singapore
- Barasentosa Lestari - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Central Electricity Authority - India
- Bulk Trading Sa - Switzerland
- Sinarmas Energy and Mining - Indonesia
- Bhatia International Limited - India
- Ambuja Cements Ltd - India
- Bayan Resources Tbk. - Indonesia
- Georgia Ports Authority, United States
- Metalloyd Limited - United Kingdom
- Ind-Barath Power Infra Limited - India
- Trasteel International SA, Italy
- Vedanta Resources Plc - India
- Bukit Asam (Persero) Tbk - Indonesia
- SMC Global Power, Philippines
- Meralco Power Generation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Energy Link Ltd, New Zealand
- Binh Thuan Hamico - Vietnam
- India Bulls Power Limited - India
- Merrill Lynch Commodities Europe
- Gujarat Sidhee Cement - India
- Grasim Industreis Ltd - India
- Intertek Mineral Services - Indonesia
- Wilmar Investment Holdings
- Renaissance Capital - South Africa
- Vizag Seaport Private Limited - India
- Alfred C Toepfer International GmbH - Germany
- Kaltim Prima Coal - Indonesia
- Petron Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Bharathi Cement Corporation - India
- Savvy Resources Ltd - HongKong
- PetroVietnam Power Coal Import and Supply Company
- Aboitiz Power Corporation - Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Larsen & Toubro Limited - India
- Asmin Koalindo Tuhup - Indonesia
- ASAPP Information Group - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- South Luzon Thermal Energy Corporation
- Edison Trading Spa - Italy
- Minerals Council of Australia
- Manunggal Multi Energi - Indonesia
- Eastern Energy - Thailand
- Borneo Indobara - Indonesia
- Sical Logistics Limited - India
- Posco Energy - South Korea
- Sindya Power Generating Company Private Ltd
- Cement Manufacturers Association - India
- Malabar Cements Ltd - India
- Semirara Mining Corp, Philippines
- Commonwealth Bank - Australia
- PTC India Limited - India
- Globalindo Alam Lestari - Indonesia
- GVK Power & Infra Limited - India
- IHS Mccloskey Coal Group - USA
- Kartika Selabumi Mining - Indonesia
- MS Steel International - UAE
- Jorong Barutama Greston.PT - Indonesia
- Agrawal Coal Company - India
- Miang Besar Coal Terminal - Indonesia
- Parry Sugars Refinery, India
- Indian Oil Corporation Limited
- International Coal Ventures Pvt Ltd - India
- Africa Commodities Group - South Africa
- Krishnapatnam Port Company Ltd. - India
- Bhoruka Overseas - Indonesia
- Indian Energy Exchange, India
- Directorate General of MIneral and Coal - Indonesia
- Meenaskhi Energy Private Limited - India
- SN Aboitiz Power Inc, Philippines
- Sakthi Sugars Limited - India
- Siam City Cement - Thailand
- Gujarat Electricity Regulatory Commission - India
- CIMB Investment Bank - Malaysia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Singapore Mercantile Exchange
- CNBM International Corporation - China
- Salva Resources Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- Maheswari Brothers Coal Limited - India
- Indogreen Group - Indonesia
- Jaiprakash Power Ventures ltd
- TNB Fuel Sdn Bhd - Malaysia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ministry of Mines - Canada
- Directorate Of Revenue Intelligence - India
- Coal and Oil Company - UAE
- Deloitte Consulting - India
- Gujarat Mineral Development Corp Ltd - India
- Anglo American - United Kingdom
- Indonesian Coal Mining Association
- Tata Chemicals Ltd - India
- ICICI Bank Limited - India
- Rio Tinto Coal - Australia
- Maharashtra Electricity Regulatory Commission - India
- Bukit Makmur.PT - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Ministry of Transport, Egypt
- Mercator Lines Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Power Finance Corporation Ltd., India
- Bangladesh Power Developement Board
- Chettinad Cement Corporation Ltd - India
- Price Waterhouse Coopers - Russia
- TeaM Sual Corporation - Philippines
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