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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, 08 March 13
DRY BULK MARKET ON A RISING TREND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has continued its rising pattern set after China opened up again for business, following the Asian New Year Holidays. As a resul ...
Thursday, 07 March 13
PANAMAX : POSITIVE TREND; CAPESIZE : GRADUALLY SLIDE - FEARNLEYS AS
Handy
The Atlantic saw more cargoes than last week and rates ticking upwards. The USG-Feast was at USD 22k and Black sea-feast was at USD 12k. The ...
Tuesday, 05 March 13
NEWCASTLE PORT SHIPPED 20.77 PERCENT MORE COAL W/E 4 MARCH 2013
COALspot.com - Newcastle port in Australia has loaded 2,631,562 MT of thermal and coking coal for a week ended 0700 hours 4 March 2013, Newcas ...
Sunday, 03 March 13
INDONESIAN THERMAL COAL SWAPS; CHINA CONTRACTS FALL W-O-W
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average Q2’ 2013 delivery has lost 0.75 percent and CFR South China coal shipment&nbs ...
Sunday, 03 March 13
FREIGHT MARKET FROM INDONESIA EXPECTED TO BE FIRM - VISTAAR
COALspot.com – The freight market has been fairly firm this week except for cape size index.
The BDI was up by 4.64 points closing at 776 p ...
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- Sree Jayajothi Cements Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Commonwealth Bank - Australia
- Jindal Steel & Power Ltd - India
- OPG Power Generation Pvt Ltd - India
- Ambuja Cements Ltd - India
- Binh Thuan Hamico - Vietnam
- Latin American Coal - Colombia
- ICICI Bank Limited - India
- Aboitiz Power Corporation - Philippines
- Cigading International Bulk Terminal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Marubeni Corporation - India
- Kartika Selabumi Mining - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bhushan Steel Limited - India
- Riau Bara Harum - Indonesia
- PTC India Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Indonesian Coal Mining Association
- The Treasury - Australian Government
- Attock Cement Pakistan Limited
- Tata Chemicals Ltd - India
- Karaikal Port Pvt Ltd - India
- Energy Link Ltd, New Zealand
- MS Steel International - UAE
- White Energy Company Limited
- CNBM International Corporation - China
- Eastern Coal Council - USA
- India Bulls Power Limited - India
- Bhoruka Overseas - Indonesia
- IHS Mccloskey Coal Group - USA
- Petrochimia International Co. Ltd.- Taiwan
- VISA Power Limited - India
- Merrill Lynch Commodities Europe
- Electricity Authority, New Zealand
- GVK Power & Infra Limited - India
- Central Electricity Authority - India
- Therma Luzon, Inc, Philippines
- Wood Mackenzie - Singapore
- Medco Energi Mining Internasional
- Maharashtra Electricity Regulatory Commission - India
- Holcim Trading Pte Ltd - Singapore
- Orica Mining Services - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Kideco Jaya Agung - Indonesia
- Star Paper Mills Limited - India
- Meenaskhi Energy Private Limited - India
- Bhatia International Limited - India
- Cement Manufacturers Association - India
- Price Waterhouse Coopers - Russia
- Semirara Mining Corp, Philippines
- Makarim & Taira - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Indian Energy Exchange, India
- Australian Commodity Traders Exchange
- Romanian Commodities Exchange
- CIMB Investment Bank - Malaysia
- Indo Tambangraya Megah - Indonesia
- South Luzon Thermal Energy Corporation
- GMR Energy Limited - India
- Videocon Industries ltd - India
- Samtan Co., Ltd - South Korea
- Salva Resources Pvt Ltd - India
- Indogreen Group - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bharathi Cement Corporation - India
- International Coal Ventures Pvt Ltd - India
- Singapore Mercantile Exchange
- Globalindo Alam Lestari - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sindya Power Generating Company Private Ltd
- Rio Tinto Coal - Australia
- New Zealand Coal & Carbon
- Siam City Cement - Thailand
- Bukit Makmur.PT - Indonesia
- Kaltim Prima Coal - Indonesia
- The University of Queensland
- Larsen & Toubro Limited - India
- Australian Coal Association
- Pipit Mutiara Jaya. PT, Indonesia
- European Bulk Services B.V. - Netherlands
- Chettinad Cement Corporation Ltd - India
- Vedanta Resources Plc - India
- Renaissance Capital - South Africa
- Interocean Group of Companies - India
- Alfred C Toepfer International GmbH - Germany
- Planning Commission, India
- Gujarat Sidhee Cement - India
- Banpu Public Company Limited - Thailand
- Petron Corporation, Philippines
- Kepco SPC Power Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Formosa Plastics Group - Taiwan
- Altura Mining Limited, Indonesia
- Straits Asia Resources Limited - Singapore
- Neyveli Lignite Corporation Ltd, - India
- Posco Energy - South Korea
- Mjunction Services Limited - India
- Ministry of Transport, Egypt
- Global Business Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Heidelberg Cement - Germany
- Electricity Generating Authority of Thailand
- Lanco Infratech Ltd - India
- LBH Netherlands Bv - Netherlands
- Sojitz Corporation - Japan
- Sakthi Sugars Limited - India
- Metalloyd Limited - United Kingdom
- Bayan Resources Tbk. - Indonesia
- Economic Council, Georgia
- Global Green Power PLC Corporation, Philippines
- Georgia Ports Authority, United States
- Oldendorff Carriers - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Standard Chartered Bank - UAE
- PetroVietnam Power Coal Import and Supply Company
- Bangladesh Power Developement Board
- Baramulti Group, Indonesia
- SMC Global Power, Philippines
- Edison Trading Spa - Italy
- Barasentosa Lestari - Indonesia
- Antam Resourcindo - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Trasteel International SA, Italy
- Savvy Resources Ltd - HongKong
- Sical Logistics Limited - India
- Bulk Trading Sa - Switzerland
- Mintek Dendrill Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Energy Development Corp, Philippines
- Coalindo Energy - Indonesia
- Ministry of Finance - Indonesia
- Africa Commodities Group - South Africa
- TeaM Sual Corporation - Philippines
- London Commodity Brokers - England
- TNB Fuel Sdn Bhd - Malaysia
- Indian Oil Corporation Limited
- Malabar Cements Ltd - India
- PowerSource Philippines DevCo
- San Jose City I Power Corp, Philippines
- Xindia Steels Limited - India
- Independent Power Producers Association of India
- GAC Shipping (India) Pvt Ltd
- Coastal Gujarat Power Limited - India
- Manunggal Multi Energi - Indonesia
- Intertek Mineral Services - Indonesia
- IEA Clean Coal Centre - UK
- Ministry of Mines - Canada
- Anglo American - United Kingdom
- Meralco Power Generation, Philippines
- Deloitte Consulting - India
- Sinarmas Energy and Mining - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Timah Investasi Mineral - Indoneisa
- Simpson Spence & Young - Indonesia
- Wilmar Investment Holdings
- Grasim Industreis Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Ind-Barath Power Infra Limited - India
- Minerals Council of Australia
- McConnell Dowell - Australia
- Sarangani Energy Corporation, Philippines
- The State Trading Corporation of India Ltd
- Mercuria Energy - Indonesia
- Coal and Oil Company - UAE
- Bukit Asam (Persero) Tbk - Indonesia
- Kobexindo Tractors - Indoneisa
- Orica Australia Pty. Ltd.
- Gujarat Electricity Regulatory Commission - India
- Toyota Tsusho Corporation, Japan
- SN Aboitiz Power Inc, Philippines
- Eastern Energy - Thailand
- Power Finance Corporation Ltd., India
- Parliament of New Zealand
- Iligan Light & Power Inc, Philippines
- Thai Mozambique Logistica
- Carbofer General Trading SA - India
- Bahari Cakrawala Sebuku - Indonesia
- Global Coal Blending Company Limited - Australia
- Rashtriya Ispat Nigam Limited - India
- Maheswari Brothers Coal Limited - India
- Tamil Nadu electricity Board
- Essar Steel Hazira Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Madhucon Powers Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Mercator Lines Limited - India
- Parry Sugars Refinery, India
- PNOC Exploration Corporation - Philippines
- Borneo Indobara - Indonesia
- ASAPP Information Group - India
- Directorate Of Revenue Intelligence - India
- Uttam Galva Steels Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Jaiprakash Power Ventures ltd
- SMG Consultants - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Indika Energy - Indonesia
- Dalmia Cement Bharat India
- Goldman Sachs - Singapore
- Pendopo Energi Batubara - Indonesia
- Agrawal Coal Company - India
- Vizag Seaport Private Limited - India
- Siam City Cement PLC, Thailand
- Port Waratah Coal Services - Australia
- Bukit Baiduri Energy - Indonesia
- Aditya Birla Group - India
- Semirara Mining and Power Corporation, Philippines
- Central Java Power - Indonesia
- Chamber of Mines of South Africa
- Thiess Contractors Indonesia
- Billiton Holdings Pty Ltd - Australia
- Kumho Petrochemical, South Korea
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