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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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Sunday, 20 January 13
Q1 & Q4 SUB-BIT FOB INDONESIA COAL SWAPS: FIRM
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) and CFR South China coal shipment for average Q1’ 2013 delivery have gained 0.81percent and ...
Sunday, 20 January 13
S7 & S8 ROUTE FREIGHT TREND IS EXPECTED TO BE FLAT TO SOFT THIS WEEK - VISTAAR
COALspot.com - The freight market was fairly steady with all the indices BDI up by 9.21 pct closing at 837 points. The Cape index was also sharply u ...
Friday, 18 January 13
NEWLEAD HOLDINGS LTD. TO ACQUIRE TWO COAL PROPERTIES WITH ESTIMATED COAL RESERVES OF 18.6 MMT & 143.1 MMT
NewLead Holdings Ltd. Announces Signing Agreement to Acquire Properties with Estimated Coal Reserves of 18.6 Million Tons; Signing Agreement to Acqu ...
Friday, 18 January 13
DRY BULK MARKET ON THE RISE, ON STRONG DEMAND FOR CAPESIZE VESSELS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market has continued its climbing trend yesterday, as the industry's benchmark, the Baltic Dry Index (BDI) was up by 39 points to 820. ...
Friday, 18 January 13
CAPESIZE : SIGNALS ARE MIXED BUT THE OVERALL TENDENCY IS POSITIVE - FEARNLEYS
Handy
The Atlantic market remained stable with USG-Feast fixed around USD 17k, according to fearnleys’s weekly report.
Continent / Medite ...
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- Semirara Mining and Power Corporation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Indo Tambangraya Megah - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Commonwealth Bank - Australia
- Attock Cement Pakistan Limited
- Independent Power Producers Association of India
- PTC India Limited - India
- India Bulls Power Limited - India
- Posco Energy - South Korea
- Indogreen Group - Indonesia
- VISA Power Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Eastern Coal Council - USA
- Dalmia Cement Bharat India
- Mjunction Services Limited - India
- Billiton Holdings Pty Ltd - Australia
- Australian Commodity Traders Exchange
- Leighton Contractors Pty Ltd - Australia
- LBH Netherlands Bv - Netherlands
- Bhoruka Overseas - Indonesia
- Aditya Birla Group - India
- Standard Chartered Bank - UAE
- Parry Sugars Refinery, India
- Siam City Cement - Thailand
- Indian Energy Exchange, India
- Bhushan Steel Limited - India
- Intertek Mineral Services - Indonesia
- Bulk Trading Sa - Switzerland
- Star Paper Mills Limited - India
- Romanian Commodities Exchange
- Rashtriya Ispat Nigam Limited - India
- Borneo Indobara - Indonesia
- Sojitz Corporation - Japan
- Ministry of Transport, Egypt
- TeaM Sual Corporation - Philippines
- GVK Power & Infra Limited - India
- Indika Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Global Green Power PLC Corporation, Philippines
- Globalindo Alam Lestari - Indonesia
- IEA Clean Coal Centre - UK
- Planning Commission, India
- PetroVietnam Power Coal Import and Supply Company
- Makarim & Taira - Indonesia
- Deloitte Consulting - India
- London Commodity Brokers - England
- Vizag Seaport Private Limited - India
- Orica Mining Services - Indonesia
- SMG Consultants - Indonesia
- The University of Queensland
- Siam City Cement PLC, Thailand
- Bangladesh Power Developement Board
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Grasim Industreis Ltd - India
- Heidelberg Cement - Germany
- New Zealand Coal & Carbon
- Price Waterhouse Coopers - Russia
- GAC Shipping (India) Pvt Ltd
- Kohat Cement Company Ltd. - Pakistan
- Coastal Gujarat Power Limited - India
- Alfred C Toepfer International GmbH - Germany
- Jorong Barutama Greston.PT - Indonesia
- Manunggal Multi Energi - Indonesia
- Sindya Power Generating Company Private Ltd
- OPG Power Generation Pvt Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Ceylon Electricity Board - Sri Lanka
- SN Aboitiz Power Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Straits Asia Resources Limited - Singapore
- The Treasury - Australian Government
- Kepco SPC Power Corporation, Philippines
- Sakthi Sugars Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Latin American Coal - Colombia
- Global Business Power Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- European Bulk Services B.V. - Netherlands
- Ministry of Finance - Indonesia
- Gujarat Sidhee Cement - India
- Sarangani Energy Corporation, Philippines
- Salva Resources Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Central Java Power - Indonesia
- Barasentosa Lestari - Indonesia
- Cement Manufacturers Association - India
- Ambuja Cements Ltd - India
- Port Waratah Coal Services - Australia
- Wilmar Investment Holdings
- Cigading International Bulk Terminal - Indonesia
- Oldendorff Carriers - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Anglo American - United Kingdom
- Binh Thuan Hamico - Vietnam
- Malabar Cements Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- CNBM International Corporation - China
- Gujarat Mineral Development Corp Ltd - India
- Lanco Infratech Ltd - India
- Renaissance Capital - South Africa
- Global Coal Blending Company Limited - Australia
- Coal and Oil Company - UAE
- Directorate General of MIneral and Coal - Indonesia
- Bukit Makmur.PT - Indonesia
- Larsen & Toubro Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Pipit Mutiara Jaya. PT, Indonesia
- PowerSource Philippines DevCo
- Thai Mozambique Logistica
- Power Finance Corporation Ltd., India
- South Luzon Thermal Energy Corporation
- Ministry of Mines - Canada
- Semirara Mining Corp, Philippines
- Maharashtra Electricity Regulatory Commission - India
- ASAPP Information Group - India
- Baramulti Group, Indonesia
- Agrawal Coal Company - India
- Parliament of New Zealand
- Timah Investasi Mineral - Indoneisa
- Medco Energi Mining Internasional
- PNOC Exploration Corporation - Philippines
- Karaikal Port Pvt Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Chamber of Mines of South Africa
- Bukit Baiduri Energy - Indonesia
- Mintek Dendrill Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Jaiprakash Power Ventures ltd
- Ind-Barath Power Infra Limited - India
- Riau Bara Harum - Indonesia
- Essar Steel Hazira Ltd - India
- Iligan Light & Power Inc, Philippines
- The State Trading Corporation of India Ltd
- Bharathi Cement Corporation - India
- Edison Trading Spa - Italy
- Kobexindo Tractors - Indoneisa
- Jindal Steel & Power Ltd - India
- Kartika Selabumi Mining - Indonesia
- IHS Mccloskey Coal Group - USA
- Offshore Bulk Terminal Pte Ltd, Singapore
- Tata Chemicals Ltd - India
- Thiess Contractors Indonesia
- Therma Luzon, Inc, Philippines
- Economic Council, Georgia
- MS Steel International - UAE
- Chettinad Cement Corporation Ltd - India
- Kaltim Prima Coal - Indonesia
- Videocon Industries ltd - India
- Mercuria Energy - Indonesia
- Banpu Public Company Limited - Thailand
- Antam Resourcindo - Indonesia
- Aboitiz Power Corporation - Philippines
- Kalimantan Lumbung Energi - Indonesia
- ICICI Bank Limited - India
- Savvy Resources Ltd - HongKong
- White Energy Company Limited
- SMC Global Power, Philippines
- Toyota Tsusho Corporation, Japan
- Holcim Trading Pte Ltd - Singapore
- Singapore Mercantile Exchange
- Eastern Energy - Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Africa Commodities Group - South Africa
- Rio Tinto Coal - Australia
- Interocean Group of Companies - India
- Bayan Resources Tbk. - Indonesia
- GMR Energy Limited - India
- Uttam Galva Steels Limited - India
- Bhatia International Limited - India
- Wood Mackenzie - Singapore
- Vedanta Resources Plc - India
- Maheswari Brothers Coal Limited - India
- Sical Logistics Limited - India
- Xindia Steels Limited - India
- San Jose City I Power Corp, Philippines
- Karbindo Abesyapradhi - Indoneisa
- CIMB Investment Bank - Malaysia
- Meenaskhi Energy Private Limited - India
- Mercator Lines Limited - India
- Marubeni Corporation - India
- Samtan Co., Ltd - South Korea
- Merrill Lynch Commodities Europe
- Directorate Of Revenue Intelligence - India
- International Coal Ventures Pvt Ltd - India
- McConnell Dowell - Australia
- Metalloyd Limited - United Kingdom
- Sree Jayajothi Cements Limited - India
- Coalindo Energy - Indonesia
- Carbofer General Trading SA - India
- Central Electricity Authority - India
- Sinarmas Energy and Mining - Indonesia
- Energy Development Corp, Philippines
- Goldman Sachs - Singapore
- Petron Corporation, Philippines
- Georgia Ports Authority, United States
- Petrochimia International Co. Ltd.- Taiwan
- Tamil Nadu electricity Board
- Energy Link Ltd, New Zealand
- Trasteel International SA, Italy
- Electricity Authority, New Zealand
- Simpson Spence & Young - Indonesia
- Altura Mining Limited, Indonesia
- Electricity Generating Authority of Thailand
- Pendopo Energi Batubara - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Minerals Council of Australia
- Formosa Plastics Group - Taiwan
- Indonesian Coal Mining Association
- Gujarat Electricity Regulatory Commission - India
- Indian Oil Corporation Limited
- Australian Coal Association
- Meralco Power Generation, Philippines
- Madhucon Powers Ltd - India
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