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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, 13 September 13
DIRECTOR GENERAL OF MINERAL AND COAL OF INDONESIA REVISED UP COAL PRICE REFERENCE TO US$ 76.89
COALspot. com - The Indonesian government has revised up its owned coal bench mark price by US$ 0.19/ MT to US$ 76.89 for September 2013 deliveries ...
Thursday, 12 September 13
PANAMAX : PACIFIC ROUNDS ARE NOW REPORTED BETWEEN USD 13K AND 15K PER DAY - FEARNRESEARCH
Handy
Nickel ore is a key support SE Asia/Feast rate at the moment; vessel in N.China were fixed around USD 11-12k, ships in mid China can expect a ...
Thursday, 12 September 13
CAPESIZE MARKET WILL BECOME EVEN TIGHTER - JEFFREY LANDSBERG
COALspot.com : While it is no secret that current capesize availability has become tight and has caused capesize rates to surge, availability is set ...
Thursday, 12 September 13
OVER THE WORST? WE MIGHT FIND OUT THIS WEEK - BIMCO
The shipping market has a spring in its step, even as summer draws to a close. There is it seems, confidence that finally, we are emerging into the ...
Thursday, 12 September 13
DRY BULK MARKET RALLY COMES AT A GOOD TIME FOR MOST SHIP OWNERS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The latest surge of the dry bulk market has helped offset other lingering factors, which otherwise, could have plunged freight rates to new lows. Fo ...
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- Bukit Baiduri Energy - Indonesia
- Deloitte Consulting - India
- Kohat Cement Company Ltd. - Pakistan
- Xindia Steels Limited - India
- Wood Mackenzie - Singapore
- Madhucon Powers Ltd - India
- GAC Shipping (India) Pvt Ltd
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Jaiprakash Power Ventures ltd
- Bulk Trading Sa - Switzerland
- Barasentosa Lestari - Indonesia
- Sojitz Corporation - Japan
- Makarim & Taira - Indonesia
- Wilmar Investment Holdings
- Larsen & Toubro Limited - India
- Bayan Resources Tbk. - Indonesia
- South Luzon Thermal Energy Corporation
- Bhatia International Limited - India
- Eastern Energy - Thailand
- The Treasury - Australian Government
- Heidelberg Cement - Germany
- Alfred C Toepfer International GmbH - Germany
- Attock Cement Pakistan Limited
- Siam City Cement PLC, Thailand
- Australian Commodity Traders Exchange
- Renaissance Capital - South Africa
- Timah Investasi Mineral - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Thai Mozambique Logistica
- Manunggal Multi Energi - Indonesia
- Aboitiz Power Corporation - Philippines
- Gujarat Electricity Regulatory Commission - India
- Energy Development Corp, Philippines
- Globalindo Alam Lestari - Indonesia
- Vedanta Resources Plc - India
- Mercator Lines Limited - India
- Kumho Petrochemical, South Korea
- Global Coal Blending Company Limited - Australia
- Commonwealth Bank - Australia
- Indo Tambangraya Megah - Indonesia
- Bhoruka Overseas - Indonesia
- Indian Energy Exchange, India
- Salva Resources Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- ICICI Bank Limited - India
- Ministry of Transport, Egypt
- London Commodity Brokers - England
- Straits Asia Resources Limited - Singapore
- Miang Besar Coal Terminal - Indonesia
- Carbofer General Trading SA - India
- Semirara Mining Corp, Philippines
- Billiton Holdings Pty Ltd - Australia
- AsiaOL BioFuels Corp., Philippines
- Planning Commission, India
- Edison Trading Spa - Italy
- Maheswari Brothers Coal Limited - India
- Mercuria Energy - Indonesia
- Tata Chemicals Ltd - India
- Videocon Industries ltd - India
- GVK Power & Infra Limited - India
- Minerals Council of Australia
- Aditya Birla Group - India
- Independent Power Producers Association of India
- CNBM International Corporation - China
- Economic Council, Georgia
- CIMB Investment Bank - Malaysia
- Electricity Authority, New Zealand
- Posco Energy - South Korea
- Kartika Selabumi Mining - Indonesia
- Cement Manufacturers Association - India
- Meenaskhi Energy Private Limited - India
- Toyota Tsusho Corporation, Japan
- Georgia Ports Authority, United States
- Bukit Asam (Persero) Tbk - Indonesia
- Gujarat Sidhee Cement - India
- Africa Commodities Group - South Africa
- Marubeni Corporation - India
- Trasteel International SA, Italy
- White Energy Company Limited
- Kideco Jaya Agung - Indonesia
- Interocean Group of Companies - India
- Kaltim Prima Coal - Indonesia
- Eastern Coal Council - USA
- PetroVietnam Power Coal Import and Supply Company
- Chettinad Cement Corporation Ltd - India
- Star Paper Mills Limited - India
- Sree Jayajothi Cements Limited - India
- Parliament of New Zealand
- San Jose City I Power Corp, Philippines
- Orica Mining Services - Indonesia
- Simpson Spence & Young - Indonesia
- Ministry of Mines - Canada
- LBH Netherlands Bv - Netherlands
- Petron Corporation, Philippines
- SMC Global Power, Philippines
- Indika Energy - Indonesia
- Anglo American - United Kingdom
- Orica Australia Pty. Ltd.
- Metalloyd Limited - United Kingdom
- Asmin Koalindo Tuhup - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Power Finance Corporation Ltd., India
- SMG Consultants - Indonesia
- Samtan Co., Ltd - South Korea
- Ceylon Electricity Board - Sri Lanka
- PNOC Exploration Corporation - Philippines
- Sindya Power Generating Company Private Ltd
- Pendopo Energi Batubara - Indonesia
- Uttam Galva Steels Limited - India
- Intertek Mineral Services - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Medco Energi Mining Internasional
- Krishnapatnam Port Company Ltd. - India
- India Bulls Power Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Binh Thuan Hamico - Vietnam
- Thiess Contractors Indonesia
- Global Green Power PLC Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Price Waterhouse Coopers - Russia
- MS Steel International - UAE
- Jorong Barutama Greston.PT - Indonesia
- Grasim Industreis Ltd - India
- Therma Luzon, Inc, Philippines
- Riau Bara Harum - Indonesia
- Coastal Gujarat Power Limited - India
- Rio Tinto Coal - Australia
- Bangladesh Power Developement Board
- PowerSource Philippines DevCo
- Malabar Cements Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Mjunction Services Limited - India
- McConnell Dowell - Australia
- Chamber of Mines of South Africa
- Pipit Mutiara Jaya. PT, Indonesia
- Lanco Infratech Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Siam City Cement - Thailand
- Oldendorff Carriers - Singapore
- Bhushan Steel Limited - India
- GMR Energy Limited - India
- Tamil Nadu electricity Board
- Ministry of Finance - Indonesia
- Goldman Sachs - Singapore
- GN Power Mariveles Coal Plant, Philippines
- OPG Power Generation Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- SN Aboitiz Power Inc, Philippines
- Antam Resourcindo - Indonesia
- Indogreen Group - Indonesia
- Sarangani Energy Corporation, Philippines
- Romanian Commodities Exchange
- Vizag Seaport Private Limited - India
- Bharathi Cement Corporation - India
- Banpu Public Company Limited - Thailand
- Bukit Makmur.PT - Indonesia
- IHS Mccloskey Coal Group - USA
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Karaikal Port Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- The University of Queensland
- Kepco SPC Power Corporation, Philippines
- IEA Clean Coal Centre - UK
- Indonesian Coal Mining Association
- PTC India Limited - India
- Merrill Lynch Commodities Europe
- Agrawal Coal Company - India
- Gujarat Mineral Development Corp Ltd - India
- ASAPP Information Group - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Meralco Power Generation, Philippines
- Baramulti Group, Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Iligan Light & Power Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Global Business Power Corporation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Neyveli Lignite Corporation Ltd, - India
- Coalindo Energy - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Indian Oil Corporation Limited
- Directorate Of Revenue Intelligence - India
- Sical Logistics Limited - India
- The State Trading Corporation of India Ltd
- Altura Mining Limited, Indonesia
- Leighton Contractors Pty Ltd - Australia
- Latin American Coal - Colombia
- Cigading International Bulk Terminal - Indonesia
- Central Java Power - Indonesia
- VISA Power Limited - India
- Borneo Indobara - Indonesia
- Standard Chartered Bank - UAE
- Australian Coal Association
- Mintek Dendrill Indonesia
- Semirara Mining and Power Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Electricity Generating Authority of Thailand
- Energy Link Ltd, New Zealand
- TeaM Sual Corporation - Philippines
- Essar Steel Hazira Ltd - India
- Ind-Barath Power Infra Limited - India
- Parry Sugars Refinery, India
- European Bulk Services B.V. - Netherlands
- Singapore Mercantile Exchange
- Coal and Oil Company - UAE
- Dalmia Cement Bharat India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Formosa Plastics Group - Taiwan
- Sakthi Sugars Limited - India
- Kobexindo Tractors - Indoneisa
- Port Waratah Coal Services - Australia
- Ambuja Cements Ltd - India
- Central Electricity Authority - India
- New Zealand Coal & Carbon
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