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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, 28 February 13
INDIA HAS INCREASED CUSTOMS DUTY AND COUNTERVAILING DUTY FOR POWER PLANT COAL
COALspot.com : The government of India raised basic customs duty and countervailing duty on steam coal. In the meantime government has reduced& ...
Thursday, 28 February 13
SHIP OWNERS EXPECTED TO FACE A CHALLENGING YEAR, DESPITE THE FALL OF NEWBUILDING ORDERS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Tonnage oversupply and a lagging growth in world trade demand are expected to keep shipping in the "red", despite a series of measures ado ...
Thursday, 28 February 13
PANAMAX : MARKET HAS SEEN A GOOD UPTURN OVER THE LAST WEEK - FEARNLEYS
Handy
The Atlantic saw more cargoes than last week and rates ticking upwards. The USG-Feast was at USD 19k and Black Sea-Feast was at USD 11k. The ...
Wednesday, 27 February 13
NEWCASTLE PORT IN AUSTRALIA SHIPPED 0.358 MILLION MT MORE COAL W-O-W
COALspot.com - Newcastle port in Australia has loaded 2,178,869 MT of thermal and coking coal for week ended 0700 hours 25 February 2013, Newc ...
Wednesday, 27 February 13
NEWLEAD HOLDINGS LTD. ANNOUNCES COAL SUPPLY AND DELIVERY CONTRACT
NewLead Holdings Ltd. yesterday announced that the Company has signed an agreement to supply and deliver 1.48 million metric tons of steam coal to a ...
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- Ministry of Transport, Egypt
- Intertek Mineral Services - Indonesia
- Ambuja Cements Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Altura Mining Limited, Indonesia
- Ministry of Mines - Canada
- Karbindo Abesyapradhi - Indoneisa
- Romanian Commodities Exchange
- SMG Consultants - Indonesia
- International Coal Ventures Pvt Ltd - India
- Bulk Trading Sa - Switzerland
- SMC Global Power, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Aboitiz Power Corporation - Philippines
- Semirara Mining and Power Corporation, Philippines
- Indian Oil Corporation Limited
- Maharashtra Electricity Regulatory Commission - India
- Trasteel International SA, Italy
- Sarangani Energy Corporation, Philippines
- The Treasury - Australian Government
- PetroVietnam Power Coal Import and Supply Company
- Straits Asia Resources Limited - Singapore
- Chamber of Mines of South Africa
- Agrawal Coal Company - India
- Australian Coal Association
- Sree Jayajothi Cements Limited - India
- Sinarmas Energy and Mining - Indonesia
- GMR Energy Limited - India
- Parliament of New Zealand
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- Bayan Resources Tbk. - Indonesia
- Metalloyd Limited - United Kingdom
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- VISA Power Limited - India
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- McConnell Dowell - Australia
- Anglo American - United Kingdom
- Timah Investasi Mineral - Indoneisa
- TeaM Sual Corporation - Philippines
- Global Green Power PLC Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Indian Energy Exchange, India
- Savvy Resources Ltd - HongKong
- Riau Bara Harum - Indonesia
- Electricity Authority, New Zealand
- Commonwealth Bank - Australia
- Goldman Sachs - Singapore
- IEA Clean Coal Centre - UK
- PNOC Exploration Corporation - Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- White Energy Company Limited
- Baramulti Group, Indonesia
- Attock Cement Pakistan Limited
- Mercator Lines Limited - India
- San Jose City I Power Corp, Philippines
- Rio Tinto Coal - Australia
- Central Electricity Authority - India
- Bhushan Steel Limited - India
- AsiaOL BioFuels Corp., Philippines
- Neyveli Lignite Corporation Ltd, - India
- Petrochimia International Co. Ltd.- Taiwan
- Port Waratah Coal Services - Australia
- Iligan Light & Power Inc, Philippines
- Sakthi Sugars Limited - India
- Energy Link Ltd, New Zealand
- Directorate General of MIneral and Coal - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- PowerSource Philippines DevCo
- Formosa Plastics Group - Taiwan
- Kohat Cement Company Ltd. - Pakistan
- Pendopo Energi Batubara - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Orica Australia Pty. Ltd.
- Coastal Gujarat Power Limited - India
- Videocon Industries ltd - India
- Malabar Cements Ltd - India
- Uttam Galva Steels Limited - India
- The University of Queensland
- Gujarat Sidhee Cement - India
- Salva Resources Pvt Ltd - India
- Petron Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Antam Resourcindo - Indonesia
- Oldendorff Carriers - Singapore
- Siam City Cement PLC, Thailand
- Lanco Infratech Ltd - India
- Aditya Birla Group - India
- Kepco SPC Power Corporation, Philippines
- Wilmar Investment Holdings
- Kalimantan Lumbung Energi - Indonesia
- Bangladesh Power Developement Board
- Africa Commodities Group - South Africa
- Power Finance Corporation Ltd., India
- Coal and Oil Company - UAE
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Meralco Power Generation, Philippines
- Coalindo Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- Sindya Power Generating Company Private Ltd
- GVK Power & Infra Limited - India
- Simpson Spence & Young - Indonesia
- Sical Logistics Limited - India
- Directorate Of Revenue Intelligence - India
- Thiess Contractors Indonesia
- Jindal Steel & Power Ltd - India
- Medco Energi Mining Internasional
- South Luzon Thermal Energy Corporation
- Wood Mackenzie - Singapore
- Merrill Lynch Commodities Europe
- Indogreen Group - Indonesia
- Mjunction Services Limited - India
- Heidelberg Cement - Germany
- Thai Mozambique Logistica
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kumho Petrochemical, South Korea
- Kartika Selabumi Mining - Indonesia
- Bharathi Cement Corporation - India
- Samtan Co., Ltd - South Korea
- Xindia Steels Limited - India
- Makarim & Taira - Indonesia
- Renaissance Capital - South Africa
- Latin American Coal - Colombia
- Economic Council, Georgia
- Kaltim Prima Coal - Indonesia
- IHS Mccloskey Coal Group - USA
- Sojitz Corporation - Japan
- Electricity Generating Authority of Thailand
- Posco Energy - South Korea
- Vizag Seaport Private Limited - India
- Ministry of Finance - Indonesia
- Larsen & Toubro Limited - India
- GAC Shipping (India) Pvt Ltd
- Deloitte Consulting - India
- Mercuria Energy - Indonesia
- London Commodity Brokers - England
- Eastern Coal Council - USA
- MS Steel International - UAE
- Cigading International Bulk Terminal - Indonesia
- Energy Development Corp, Philippines
- Planning Commission, India
- Bahari Cakrawala Sebuku - Indonesia
- Siam City Cement - Thailand
- Marubeni Corporation - India
- Semirara Mining Corp, Philippines
- Ind-Barath Power Infra Limited - India
- Miang Besar Coal Terminal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Tata Chemicals Ltd - India
- Orica Mining Services - Indonesia
- Carbofer General Trading SA - India
- New Zealand Coal & Carbon
- Singapore Mercantile Exchange
- Price Waterhouse Coopers - Russia
- Madhucon Powers Ltd - India
- Eastern Energy - Thailand
- Grasim Industreis Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Kideco Jaya Agung - Indonesia
- Therma Luzon, Inc, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Edison Trading Spa - Italy
- Banpu Public Company Limited - Thailand
- Central Java Power - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Bhoruka Overseas - Indonesia
- Interocean Group of Companies - India
- India Bulls Power Limited - India
- Kobexindo Tractors - Indoneisa
- Bukit Baiduri Energy - Indonesia
- Independent Power Producers Association of India
- The State Trading Corporation of India Ltd
- Toyota Tsusho Corporation, Japan
- Chettinad Cement Corporation Ltd - India
- Global Business Power Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Cement Manufacturers Association - India
- Indo Tambangraya Megah - Indonesia
- Maheswari Brothers Coal Limited - India
- CIMB Investment Bank - Malaysia
- ICICI Bank Limited - India
- CNBM International Corporation - China
- Krishnapatnam Port Company Ltd. - India
- Global Coal Blending Company Limited - Australia
- Australian Commodity Traders Exchange
- Vedanta Resources Plc - India
- Barasentosa Lestari - Indonesia
- PTC India Limited - India
- Bhatia International Limited - India
- Leighton Contractors Pty Ltd - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- OPG Power Generation Pvt Ltd - India
- Borneo Indobara - Indonesia
- Georgia Ports Authority, United States
- Alfred C Toepfer International GmbH - Germany
- Minerals Council of Australia
- Jaiprakash Power Ventures ltd
- Billiton Holdings Pty Ltd - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Parry Sugars Refinery, India
- Indonesian Coal Mining Association
- Mintek Dendrill Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indika Energy - Indonesia
- Tamil Nadu electricity Board
- Binh Thuan Hamico - Vietnam
- Standard Chartered Bank - UAE
- European Bulk Services B.V. - Netherlands
- LBH Netherlands Bv - Netherlands
- Dalmia Cement Bharat India
- Holcim Trading Pte Ltd - Singapore
- SN Aboitiz Power Inc, Philippines
- Meenaskhi Energy Private Limited - India
- ASAPP Information Group - India
- Star Paper Mills Limited - India
- Essar Steel Hazira Ltd - India
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