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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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Tuesday, 26 March 13
NEWCASTLE PORT SHIPPED 2.39 MMT OF COAL W/E 25 MARCH 2013
COALspot.com - Newcastle port in Australia has loaded 2.396 million tons of thermal and coking coal for week ended 0700 hours 25 March 2013, N ...
Monday, 25 March 13
BUNKER FUELS ARE ABOUT TO GET CLEANER, BUT AT WHAT COST? - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The cost of bunkers is nowadays the driving force behind most ship owners' major decisions, with regulations bound to change in many parts of the w ...
Sunday, 24 March 13
THE SUB-BIT INDONESIA'S COAL SWAPS FOR Q2 DELIVERY PRICE LOST 7.47 PERCENT PMT M-O-M
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average Q2’ 2013 delivery has lost 3.39 percent and CFR South China coal shipment 2.65 ...
Sunday, 24 March 13
FREIGHT MARKETS CONTINUED TO FIRM - VISTAAR
COALspot.com - This freight market continued to remain firm in all segments except for cape index which softened slightly.
The BDI was up by 4.60 ...
Sunday, 24 March 13
DRY BULK MARKET PROSPECTS OFFER ROOM FOR RESTRAINED OPTIMISM SAYS SHIP OWNER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
In its announcement regarding its annual performance, ship owner Frontline offered some useful insight on the future prospects of both the dry bulk ...
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- Petrochimia International Co. Ltd.- Taiwan
- Ministry of Finance - Indonesia
- Tata Chemicals Ltd - India
- ASAPP Information Group - India
- Attock Cement Pakistan Limited
- Directorate General of MIneral and Coal - Indonesia
- SMC Global Power, Philippines
- Manunggal Multi Energi - Indonesia
- Tamil Nadu electricity Board
- Sarangani Energy Corporation, Philippines
- Thiess Contractors Indonesia
- Antam Resourcindo - Indonesia
- Grasim Industreis Ltd - India
- Altura Mining Limited, Indonesia
- Bukit Makmur.PT - Indonesia
- Oldendorff Carriers - Singapore
- Savvy Resources Ltd - HongKong
- Meralco Power Generation, Philippines
- Bukit Baiduri Energy - Indonesia
- Uttam Galva Steels Limited - India
- Maharashtra Electricity Regulatory Commission - India
- ICICI Bank Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Madhucon Powers Ltd - India
- SMG Consultants - Indonesia
- Eastern Energy - Thailand
- Thai Mozambique Logistica
- Semirara Mining and Power Corporation, Philippines
- The State Trading Corporation of India Ltd
- IEA Clean Coal Centre - UK
- Kaltim Prima Coal - Indonesia
- Standard Chartered Bank - UAE
- Mercuria Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Sindya Power Generating Company Private Ltd
- Chettinad Cement Corporation Ltd - India
- Indo Tambangraya Megah - Indonesia
- Rashtriya Ispat Nigam Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Mintek Dendrill Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Australian Commodity Traders Exchange
- GVK Power & Infra Limited - India
- PowerSource Philippines DevCo
- Sical Logistics Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Trasteel International SA, Italy
- Latin American Coal - Colombia
- Global Business Power Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- MS Steel International - UAE
- GMR Energy Limited - India
- Indian Oil Corporation Limited
- Coal and Oil Company - UAE
- Kumho Petrochemical, South Korea
- Bangladesh Power Developement Board
- Mercator Lines Limited - India
- Kepco SPC Power Corporation, Philippines
- San Jose City I Power Corp, Philippines
- Petron Corporation, Philippines
- Riau Bara Harum - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Bayan Resources Tbk. - Indonesia
- Malabar Cements Ltd - India
- India Bulls Power Limited - India
- Singapore Mercantile Exchange
- Romanian Commodities Exchange
- Samtan Co., Ltd - South Korea
- Medco Energi Mining Internasional
- White Energy Company Limited
- Parliament of New Zealand
- Semirara Mining Corp, Philippines
- Posco Energy - South Korea
- Energy Link Ltd, New Zealand
- Africa Commodities Group - South Africa
- Indika Energy - Indonesia
- Bhushan Steel Limited - India
- Directorate Of Revenue Intelligence - India
- Borneo Indobara - Indonesia
- OPG Power Generation Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Baramulti Group, Indonesia
- Agrawal Coal Company - India
- PetroVietnam Power Coal Import and Supply Company
- Salva Resources Pvt Ltd - India
- Vedanta Resources Plc - India
- PTC India Limited - India
- VISA Power Limited - India
- Aboitiz Power Corporation - Philippines
- GN Power Mariveles Coal Plant, Philippines
- Cement Manufacturers Association - India
- CIMB Investment Bank - Malaysia
- Sinarmas Energy and Mining - Indonesia
- Interocean Group of Companies - India
- Miang Besar Coal Terminal - Indonesia
- Independent Power Producers Association of India
- Dalmia Cement Bharat India
- European Bulk Services B.V. - Netherlands
- Aditya Birla Group - India
- The University of Queensland
- Anglo American - United Kingdom
- Central Java Power - Indonesia
- Jaiprakash Power Ventures ltd
- SN Aboitiz Power Inc, Philippines
- Wood Mackenzie - Singapore
- Jindal Steel & Power Ltd - India
- IHS Mccloskey Coal Group - USA
- Bharathi Cement Corporation - India
- Straits Asia Resources Limited - Singapore
- Chamber of Mines of South Africa
- Global Coal Blending Company Limited - Australia
- TeaM Sual Corporation - Philippines
- Electricity Authority, New Zealand
- Power Finance Corporation Ltd., India
- Indian Energy Exchange, India
- Ceylon Electricity Board - Sri Lanka
- Metalloyd Limited - United Kingdom
- Bukit Asam (Persero) Tbk - Indonesia
- South Luzon Thermal Energy Corporation
- CNBM International Corporation - China
- Vijayanagar Sugar Pvt Ltd - India
- Wilmar Investment Holdings
- Lanco Infratech Ltd - India
- Carbofer General Trading SA - India
- Bhoruka Overseas - Indonesia
- Coalindo Energy - Indonesia
- London Commodity Brokers - England
- Formosa Plastics Group - Taiwan
- Heidelberg Cement - Germany
- Star Paper Mills Limited - India
- Coastal Gujarat Power Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kartika Selabumi Mining - Indonesia
- Toyota Tsusho Corporation, Japan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Australian Coal Association
- Krishnapatnam Port Company Ltd. - India
- Port Waratah Coal Services - Australia
- Indonesian Coal Mining Association
- Electricity Generating Authority of Thailand
- AsiaOL BioFuels Corp., Philippines
- Leighton Contractors Pty Ltd - Australia
- Price Waterhouse Coopers - Russia
- Marubeni Corporation - India
- Iligan Light & Power Inc, Philippines
- Orica Australia Pty. Ltd.
- Asmin Koalindo Tuhup - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Sree Jayajothi Cements Limited - India
- Gujarat Sidhee Cement - India
- Pipit Mutiara Jaya. PT, Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sojitz Corporation - Japan
- Goldman Sachs - Singapore
- Kobexindo Tractors - Indoneisa
- Bahari Cakrawala Sebuku - Indonesia
- Maheswari Brothers Coal Limited - India
- Therma Luzon, Inc, Philippines
- GAC Shipping (India) Pvt Ltd
- New Zealand Coal & Carbon
- Videocon Industries ltd - India
- Gujarat Electricity Regulatory Commission - India
- Minerals Council of Australia
- Georgia Ports Authority, United States
- Meenaskhi Energy Private Limited - India
- Mjunction Services Limited - India
- Orica Mining Services - Indonesia
- Bulk Trading Sa - Switzerland
- Rio Tinto Coal - Australia
- Binh Thuan Hamico - Vietnam
- Xindia Steels Limited - India
- Edison Trading Spa - Italy
- Planning Commission, India
- Pendopo Energi Batubara - Indonesia
- Bhatia International Limited - India
- Parry Sugars Refinery, India
- Siam City Cement PLC, Thailand
- Vizag Seaport Private Limited - India
- Globalindo Alam Lestari - Indonesia
- Barasentosa Lestari - Indonesia
- Timah Investasi Mineral - Indoneisa
- Ambuja Cements Ltd - India
- Renaissance Capital - South Africa
- Intertek Mineral Services - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Central Electricity Authority - India
- LBH Netherlands Bv - Netherlands
- Essar Steel Hazira Ltd - India
- Makarim & Taira - Indonesia
- Eastern Coal Council - USA
- International Coal Ventures Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Larsen & Toubro Limited - India
- Indogreen Group - Indonesia
- The Treasury - Australian Government
- Sakthi Sugars Limited - India
- Ministry of Transport, Egypt
- Kalimantan Lumbung Energi - Indonesia
- Simpson Spence & Young - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Commonwealth Bank - Australia
- Karaikal Port Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Economic Council, Georgia
- Siam City Cement - Thailand
- Merrill Lynch Commodities Europe
- Global Green Power PLC Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- McConnell Dowell - Australia
- Banpu Public Company Limited - Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ministry of Mines - Canada
- Energy Development Corp, Philippines
- Deloitte Consulting - India
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