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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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Thursday, 14 March 13
DRY BULK MARKET KEEPS ON RISING MOMENTUM - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market has maintained its rising momentum, on the back of increased cargo availability. According to yesterday's figures, the industry ...
Thursday, 14 March 13
SHIPPERS AND CARRIERS NEED GREATER COMMUNICATION AND MUTUAL UNDERSTANDING
Press Release – Shippers and shipping lines both need to raise their game if global container supply chains are not to be habitually subject t ...
Wednesday, 13 March 13
NEWBUILDING PRICES EXHIBIT NO FALL IN PAST SIX MONTHS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Despite the fact that oversupply has been the key plague of the shipping markets in recent years and newbuilding ordering activity has receded subst ...
Tuesday, 12 March 13
COAL MINING PRIVATIZATION IN INDIA: MUST - SUNIL K KUMBHAT
COALspot.com - India has the one of the richest coal reserves in the world and the country should have shown significant progress and gained the pos ...
Tuesday, 12 March 13
NEWCASTLE PORT SHIPPED 2.47 MILLION TONS OF COAL W/E 11 MARCH 2013
COALspot.com - Newcastle port in Australia has loaded 2,471,080 MT of thermal and coking coal for week ended 0700 hours 11 March 2013, Newcast ...
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- Antam Resourcindo - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Pendopo Energi Batubara - Indonesia
- Parry Sugars Refinery, India
- Essar Steel Hazira Ltd - India
- Makarim & Taira - Indonesia
- Agrawal Coal Company - India
- Indo Tambangraya Megah - Indonesia
- Madhucon Powers Ltd - India
- Kepco SPC Power Corporation, Philippines
- Parliament of New Zealand
- Simpson Spence & Young - Indonesia
- Straits Asia Resources Limited - Singapore
- ASAPP Information Group - India
- Leighton Contractors Pty Ltd - Australia
- PNOC Exploration Corporation - Philippines
- Eastern Energy - Thailand
- Binh Thuan Hamico - Vietnam
- SMC Global Power, Philippines
- Ceylon Electricity Board - Sri Lanka
- Africa Commodities Group - South Africa
- Bukit Baiduri Energy - Indonesia
- Tamil Nadu electricity Board
- Central Electricity Authority - India
- Baramulti Group, Indonesia
- Billiton Holdings Pty Ltd - Australia
- Kaltim Prima Coal - Indonesia
- Economic Council, Georgia
- Kartika Selabumi Mining - Indonesia
- Riau Bara Harum - Indonesia
- Independent Power Producers Association of India
- Wood Mackenzie - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Meralco Power Generation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Central Java Power - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ministry of Finance - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Australian Commodity Traders Exchange
- LBH Netherlands Bv - Netherlands
- Dalmia Cement Bharat India
- Sree Jayajothi Cements Limited - India
- Indian Oil Corporation Limited
- MS Steel International - UAE
- Borneo Indobara - Indonesia
- Orica Mining Services - Indonesia
- PowerSource Philippines DevCo
- Karaikal Port Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Tata Chemicals Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Mjunction Services Limited - India
- Grasim Industreis Ltd - India
- Bayan Resources Tbk. - Indonesia
- Banpu Public Company Limited - Thailand
- Holcim Trading Pte Ltd - Singapore
- Semirara Mining Corp, Philippines
- GAC Shipping (India) Pvt Ltd
- South Luzon Thermal Energy Corporation
- GVK Power & Infra Limited - India
- New Zealand Coal & Carbon
- PetroVietnam Power Coal Import and Supply Company
- Thiess Contractors Indonesia
- Power Finance Corporation Ltd., India
- Bukit Asam (Persero) Tbk - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Planning Commission, India
- Directorate General of MIneral and Coal - Indonesia
- Kideco Jaya Agung - Indonesia
- Vizag Seaport Private Limited - India
- Formosa Plastics Group - Taiwan
- Romanian Commodities Exchange
- VISA Power Limited - India
- Global Coal Blending Company Limited - Australia
- Indika Energy - Indonesia
- Renaissance Capital - South Africa
- Timah Investasi Mineral - Indoneisa
- Electricity Authority, New Zealand
- Therma Luzon, Inc, Philippines
- The State Trading Corporation of India Ltd
- Indian Energy Exchange, India
- IEA Clean Coal Centre - UK
- Jaiprakash Power Ventures ltd
- Sinarmas Energy and Mining - Indonesia
- Australian Coal Association
- Chamber of Mines of South Africa
- Maheswari Brothers Coal Limited - India
- Oldendorff Carriers - Singapore
- Sarangani Energy Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Anglo American - United Kingdom
- Coalindo Energy - Indonesia
- Goldman Sachs - Singapore
- San Jose City I Power Corp, Philippines
- PTC India Limited - India
- Ministry of Transport, Egypt
- Videocon Industries ltd - India
- Deloitte Consulting - India
- Star Paper Mills Limited - India
- IHS Mccloskey Coal Group - USA
- Mintek Dendrill Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Edison Trading Spa - Italy
- Chettinad Cement Corporation Ltd - India
- Indonesian Coal Mining Association
- Bharathi Cement Corporation - India
- Krishnapatnam Port Company Ltd. - India
- Energy Link Ltd, New Zealand
- Global Green Power PLC Corporation, Philippines
- Electricity Generating Authority of Thailand
- Semirara Mining and Power Corporation, Philippines
- CNBM International Corporation - China
- Marubeni Corporation - India
- Price Waterhouse Coopers - Russia
- Siam City Cement PLC, Thailand
- Coal and Oil Company - UAE
- OPG Power Generation Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Global Business Power Corporation, Philippines
- Samtan Co., Ltd - South Korea
- Ministry of Mines - Canada
- Rio Tinto Coal - Australia
- Orica Australia Pty. Ltd.
- Sakthi Sugars Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Siam City Cement - Thailand
- Globalindo Alam Lestari - Indonesia
- McConnell Dowell - Australia
- Vedanta Resources Plc - India
- Aboitiz Power Corporation - Philippines
- Bulk Trading Sa - Switzerland
- Bank of Tokyo Mitsubishi UFJ Ltd
- Petrochimia International Co. Ltd.- Taiwan
- The University of Queensland
- Intertek Mineral Services - Indonesia
- Posco Energy - South Korea
- Cement Manufacturers Association - India
- Indogreen Group - Indonesia
- Kumho Petrochemical, South Korea
- Mercuria Energy - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Maharashtra Electricity Regulatory Commission - India
- Miang Besar Coal Terminal - Indonesia
- Kobexindo Tractors - Indoneisa
- Bhushan Steel Limited - India
- Standard Chartered Bank - UAE
- Trasteel International SA, Italy
- Metalloyd Limited - United Kingdom
- Sojitz Corporation - Japan
- India Bulls Power Limited - India
- Port Waratah Coal Services - Australia
- Commonwealth Bank - Australia
- GMR Energy Limited - India
- Minerals Council of Australia
- Petron Corporation, Philippines
- Merrill Lynch Commodities Europe
- Asmin Koalindo Tuhup - Indonesia
- Manunggal Multi Energi - Indonesia
- Sical Logistics Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Directorate Of Revenue Intelligence - India
- Barasentosa Lestari - Indonesia
- Coastal Gujarat Power Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Xindia Steels Limited - India
- Aditya Birla Group - India
- Altura Mining Limited, Indonesia
- Lanco Infratech Ltd - India
- Salva Resources Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Sindya Power Generating Company Private Ltd
- GN Power Mariveles Coal Plant, Philippines
- London Commodity Brokers - England
- Ambuja Cements Ltd - India
- European Bulk Services B.V. - Netherlands
- Bhatia International Limited - India
- Bhoruka Overseas - Indonesia
- White Energy Company Limited
- Thai Mozambique Logistica
- Singapore Mercantile Exchange
- TNB Fuel Sdn Bhd - Malaysia
- Heidelberg Cement - Germany
- The Treasury - Australian Government
- Gujarat Electricity Regulatory Commission - India
- Interocean Group of Companies - India
- Neyveli Lignite Corporation Ltd, - India
- Bukit Makmur.PT - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Attock Cement Pakistan Limited
- Energy Development Corp, Philippines
- Malabar Cements Ltd - India
- Uttam Galva Steels Limited - India
- Carbofer General Trading SA - India
- Mercator Lines Limited - India
- Georgia Ports Authority, United States
- Toyota Tsusho Corporation, Japan
- Bangladesh Power Developement Board
- Larsen & Toubro Limited - India
- Wilmar Investment Holdings
- Gujarat Mineral Development Corp Ltd - India
- International Coal Ventures Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Latin American Coal - Colombia
- Iligan Light & Power Inc, Philippines
- Karbindo Abesyapradhi - Indoneisa
- SN Aboitiz Power Inc, Philippines
- Gujarat Sidhee Cement - India
- Medco Energi Mining Internasional
- Rashtriya Ispat Nigam Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Eastern Coal Council - USA
- SMG Consultants - Indonesia
- Jindal Steel & Power Ltd - India
- ICICI Bank Limited - India
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