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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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- Sical Logistics Limited - India
- Romanian Commodities Exchange
- Goldman Sachs - Singapore
- Bulk Trading Sa - Switzerland
- Toyota Tsusho Corporation, Japan
- Kapuas Tunggal Persada - Indonesia
- Sakthi Sugars Limited - India
- Bhushan Steel Limited - India
- Parry Sugars Refinery, India
- TNB Fuel Sdn Bhd - Malaysia
- Pipit Mutiara Jaya. PT, Indonesia
- International Coal Ventures Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Parliament of New Zealand
- Renaissance Capital - South Africa
- Iligan Light & Power Inc, Philippines
- White Energy Company Limited
- Vizag Seaport Private Limited - India
- Semirara Mining Corp, Philippines
- Metalloyd Limited - United Kingdom
- Commonwealth Bank - Australia
- Neyveli Lignite Corporation Ltd, - India
- Price Waterhouse Coopers - Russia
- Aditya Birla Group - India
- Intertek Mineral Services - Indonesia
- Sarangani Energy Corporation, Philippines
- McConnell Dowell - Australia
- Georgia Ports Authority, United States
- Larsen & Toubro Limited - India
- Barasentosa Lestari - Indonesia
- Deloitte Consulting - India
- LBH Netherlands Bv - Netherlands
- Carbofer General Trading SA - India
- Kartika Selabumi Mining - Indonesia
- Globalindo Alam Lestari - Indonesia
- Standard Chartered Bank - UAE
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kobexindo Tractors - Indoneisa
- Gujarat Sidhee Cement - India
- Indika Energy - Indonesia
- Central Java Power - Indonesia
- Indogreen Group - Indonesia
- India Bulls Power Limited - India
- Dalmia Cement Bharat India
- Bhatia International Limited - India
- Antam Resourcindo - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- SMG Consultants - Indonesia
- Merrill Lynch Commodities Europe
- Oldendorff Carriers - Singapore
- Electricity Generating Authority of Thailand
- San Jose City I Power Corp, Philippines
- Latin American Coal - Colombia
- Simpson Spence & Young - Indonesia
- Power Finance Corporation Ltd., India
- Cement Manufacturers Association - India
- Therma Luzon, Inc, Philippines
- Siam City Cement - Thailand
- Makarim & Taira - Indonesia
- Jindal Steel & Power Ltd - India
- London Commodity Brokers - England
- Savvy Resources Ltd - HongKong
- Indonesian Coal Mining Association
- Kalimantan Lumbung Energi - Indonesia
- Port Waratah Coal Services - Australia
- Economic Council, Georgia
- Banpu Public Company Limited - Thailand
- Medco Energi Mining Internasional
- TeaM Sual Corporation - Philippines
- Cigading International Bulk Terminal - Indonesia
- Chamber of Mines of South Africa
- Interocean Group of Companies - India
- GVK Power & Infra Limited - India
- Ministry of Mines - Canada
- Central Electricity Authority - India
- Samtan Co., Ltd - South Korea
- Bangladesh Power Developement Board
- Grasim Industreis Ltd - India
- Chettinad Cement Corporation Ltd - India
- The State Trading Corporation of India Ltd
- Heidelberg Cement - Germany
- Africa Commodities Group - South Africa
- Leighton Contractors Pty Ltd - Australia
- Meenaskhi Energy Private Limited - India
- Ministry of Transport, Egypt
- Kohat Cement Company Ltd. - Pakistan
- Eastern Energy - Thailand
- Posco Energy - South Korea
- Tata Chemicals Ltd - India
- Sojitz Corporation - Japan
- Ministry of Finance - Indonesia
- Bharathi Cement Corporation - India
- Planning Commission, India
- Karaikal Port Pvt Ltd - India
- Coalindo Energy - Indonesia
- Wood Mackenzie - Singapore
- Krishnapatnam Port Company Ltd. - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Mintek Dendrill Indonesia
- Agrawal Coal Company - India
- Coal and Oil Company - UAE
- IEA Clean Coal Centre - UK
- Minerals Council of Australia
- Manunggal Multi Energi - Indonesia
- Malabar Cements Ltd - India
- GAC Shipping (India) Pvt Ltd
- Asmin Koalindo Tuhup - Indonesia
- Wilmar Investment Holdings
- The University of Queensland
- Global Business Power Corporation, Philippines
- Marubeni Corporation - India
- Vijayanagar Sugar Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- OPG Power Generation Pvt Ltd - India
- Energy Development Corp, Philippines
- South Luzon Thermal Energy Corporation
- Mercator Lines Limited - India
- New Zealand Coal & Carbon
- Independent Power Producers Association of India
- Petrochimia International Co. Ltd.- Taiwan
- MS Steel International - UAE
- CIMB Investment Bank - Malaysia
- Trasteel International SA, Italy
- AsiaOL BioFuels Corp., Philippines
- IHS Mccloskey Coal Group - USA
- Mercuria Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Vedanta Resources Plc - India
- SN Aboitiz Power Inc, Philippines
- Indian Oil Corporation Limited
- Sree Jayajothi Cements Limited - India
- ICICI Bank Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kaltim Prima Coal - Indonesia
- Orica Australia Pty. Ltd.
- Alfred C Toepfer International GmbH - Germany
- Indian Energy Exchange, India
- Rio Tinto Coal - Australia
- PetroVietnam Power Coal Import and Supply Company
- Singapore Mercantile Exchange
- Rashtriya Ispat Nigam Limited - India
- GMR Energy Limited - India
- PTC India Limited - India
- Maheswari Brothers Coal Limited - India
- Binh Thuan Hamico - Vietnam
- Bukit Baiduri Energy - Indonesia
- Xindia Steels Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Borneo Indobara - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Energy Link Ltd, New Zealand
- Ceylon Electricity Board - Sri Lanka
- Jorong Barutama Greston.PT - Indonesia
- PowerSource Philippines DevCo
- Star Paper Mills Limited - India
- Formosa Plastics Group - Taiwan
- Tamil Nadu electricity Board
- Kumho Petrochemical, South Korea
- Eastern Coal Council - USA
- Directorate Of Revenue Intelligence - India
- Mjunction Services Limited - India
- Videocon Industries ltd - India
- European Bulk Services B.V. - Netherlands
- Coastal Gujarat Power Limited - India
- Edison Trading Spa - Italy
- Maharashtra Electricity Regulatory Commission - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Billiton Holdings Pty Ltd - Australia
- Thai Mozambique Logistica
- Altura Mining Limited, Indonesia
- Kideco Jaya Agung - Indonesia
- Pendopo Energi Batubara - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Sinarmas Energy and Mining - Indonesia
- PNOC Exploration Corporation - Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Thiess Contractors Indonesia
- Orica Mining Services - Indonesia
- Bayan Resources Tbk. - Indonesia
- The Treasury - Australian Government
- ASAPP Information Group - India
- Petron Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Lanco Infratech Ltd - India
- Attock Cement Pakistan Limited
- VISA Power Limited - India
- Bukit Makmur.PT - Indonesia
- Meralco Power Generation, Philippines
- Baramulti Group, Indonesia
- Australian Commodity Traders Exchange
- Karbindo Abesyapradhi - Indoneisa
- GN Power Mariveles Coal Plant, Philippines
- Madhucon Powers Ltd - India
- Timah Investasi Mineral - Indoneisa
- SMC Global Power, Philippines
- Kepco SPC Power Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- CNBM International Corporation - China
- Salva Resources Pvt Ltd - India
- Straits Asia Resources Limited - Singapore
- Gujarat Electricity Regulatory Commission - India
- Australian Coal Association
- Global Green Power PLC Corporation, Philippines
- Global Coal Blending Company Limited - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bhoruka Overseas - Indonesia
- Indo Tambangraya Megah - Indonesia
- Sindya Power Generating Company Private Ltd
- Riau Bara Harum - Indonesia
- Electricity Authority, New Zealand
- Ind-Barath Power Infra Limited - India
- Siam City Cement PLC, Thailand
- Anglo American - United Kingdom
- Jaiprakash Power Ventures ltd
- Ambuja Cements Ltd - India
- Uttam Galva Steels Limited - India
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