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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, 03 January 13
DRY BULK DEMAND TO KEEP RISING IN 2013, DRY BULK SHIP PRICES TO KEEP FALLING SAYS ANALYST - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
In a recent report on the future of the shipping markets, DVB bank said that dry bulk demand is expected to keep on growing in the coming years, mai ...
Wednesday, 02 January 13
NEWCASTLE PORT SHIPPED 23.61 PERCENT MORE COAL W-W
COALspot.com - Newcastle port in Australia has loaded 3,533,183 MT of thermal and coking coal for week ended 0700 hours 31 December 2012, Newc ...
Wednesday, 02 January 13
DRY BULK MARKET TO STAY ELEVATED IN START OF 2013 BUT THE NEW YEAR WILL NOT BE WITHOUT TURBULENCE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
In its regular update on the dry bulk market, BIMCO forecasted, that Capesize time-charter rates are expected to stay elevated in the following six ...
Monday, 31 December 12
KOSEP IS LOOKING FOR 280K MT OF 4600 NCV COAL FOR APRIL - JUNE 2013
COALspot.com : South Korean state-owned utility Korea South-East Power Co., Ltd. (KOSEP), has issued an new tender for prompt supply of 280,00 ...
Monday, 31 December 12
VALE CELEBRATES ARRIVAL OF "VALE SOHAR" BULK CARRIER TO SULTANATE WITH MEMBERS OF COMMUNITY
'Vale Sohar', one of the largest bulk carriers in the world, was welcomed to Oman by members of the North Al Batinah community headed by H.E. Shei ...
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- Mjunction Services Limited - India
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- Ministry of Transport, Egypt
- Trasteel International SA, Italy
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- Billiton Holdings Pty Ltd - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
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- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Barasentosa Lestari - Indonesia
- Baramulti Group, Indonesia
- Intertek Mineral Services - Indonesia
- Meralco Power Generation, Philippines
- Global Green Power PLC Corporation, Philippines
- Posco Energy - South Korea
- Carbofer General Trading SA - India
- Bukit Baiduri Energy - Indonesia
- Electricity Generating Authority of Thailand
- Deloitte Consulting - India
- Sinarmas Energy and Mining - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Makarim & Taira - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Ministry of Mines - Canada
- Indian Energy Exchange, India
- Directorate Of Revenue Intelligence - India
- Indian Oil Corporation Limited
- South Luzon Thermal Energy Corporation
- Minerals Council of Australia
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- Vizag Seaport Private Limited - India
- SN Aboitiz Power Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
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- Metalloyd Limited - United Kingdom
- Simpson Spence & Young - Indonesia
- Bhushan Steel Limited - India
- Energy Link Ltd, New Zealand
- Globalindo Alam Lestari - Indonesia
- New Zealand Coal & Carbon
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- Meenaskhi Energy Private Limited - India
- Krishnapatnam Port Company Ltd. - India
- Kobexindo Tractors - Indoneisa
- Ministry of Finance - Indonesia
- Siam City Cement PLC, Thailand
- Bukit Makmur.PT - Indonesia
- The Treasury - Australian Government
- London Commodity Brokers - England
- Georgia Ports Authority, United States
- Sakthi Sugars Limited - India
- San Jose City I Power Corp, Philippines
- Xindia Steels Limited - India
- ASAPP Information Group - India
- Rio Tinto Coal - Australia
- Parliament of New Zealand
- Toyota Tsusho Corporation, Japan
- Coastal Gujarat Power Limited - India
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- Maheswari Brothers Coal Limited - India
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- White Energy Company Limited
- OPG Power Generation Pvt Ltd - India
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- PTC India Limited - India
- Energy Development Corp, Philippines
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- Bangladesh Power Developement Board
- Independent Power Producers Association of India
- Tamil Nadu electricity Board
- Salva Resources Pvt Ltd - India
- Dalmia Cement Bharat India
- ICICI Bank Limited - India
- Vedanta Resources Plc - India
- Indika Energy - Indonesia
- Uttam Galva Steels Limited - India
- Cement Manufacturers Association - India
- Merrill Lynch Commodities Europe
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- Miang Besar Coal Terminal - Indonesia
- Karaikal Port Pvt Ltd - India
- PNOC Exploration Corporation - Philippines
- Standard Chartered Bank - UAE
- IEA Clean Coal Centre - UK
- Kapuas Tunggal Persada - Indonesia
- Africa Commodities Group - South Africa
- Australian Commodity Traders Exchange
- Sojitz Corporation - Japan
- PetroVietnam Power Coal Import and Supply Company
- Asmin Koalindo Tuhup - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Global Business Power Corporation, Philippines
- Eastern Energy - Thailand
- Antam Resourcindo - Indonesia
- Sree Jayajothi Cements Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Jaiprakash Power Ventures ltd
- Interocean Group of Companies - India
- Gujarat Sidhee Cement - India
- VISA Power Limited - India
- GMR Energy Limited - India
- Altura Mining Limited, Indonesia
- Manunggal Multi Energi - Indonesia
- The University of Queensland
- Kartika Selabumi Mining - Indonesia
- The State Trading Corporation of India Ltd
- Sindya Power Generating Company Private Ltd
- Eastern Coal Council - USA
- Coal and Oil Company - UAE
- Sarangani Energy Corporation, Philippines
- Power Finance Corporation Ltd., India
- Latin American Coal - Colombia
- Bayan Resources Tbk. - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Commonwealth Bank - Australia
- SMC Global Power, Philippines
- Straits Asia Resources Limited - Singapore
- TeaM Sual Corporation - Philippines
- Kalimantan Lumbung Energi - Indonesia
- Central Electricity Authority - India
- Binh Thuan Hamico - Vietnam
- Coalindo Energy - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- PowerSource Philippines DevCo
- Chamber of Mines of South Africa
- LBH Netherlands Bv - Netherlands
- Central Java Power - Indonesia
- Petron Corporation, Philippines
- Anglo American - United Kingdom
- Bhatia International Limited - India
- India Bulls Power Limited - India
- Bhoruka Overseas - Indonesia
- Borneo Indobara - Indonesia
- Sical Logistics Limited - India
- Australian Coal Association
- IHS Mccloskey Coal Group - USA
- Directorate General of MIneral and Coal - Indonesia
- Indogreen Group - Indonesia
- Malabar Cements Ltd - India
- MS Steel International - UAE
- Oldendorff Carriers - Singapore
- Edison Trading Spa - Italy
- Orica Australia Pty. Ltd.
- Kideco Jaya Agung - Indonesia
- Madhucon Powers Ltd - India
- Lanco Infratech Ltd - India
- Bulk Trading Sa - Switzerland
- Riau Bara Harum - Indonesia
- CIMB Investment Bank - Malaysia
- Tata Chemicals Ltd - India
- Pendopo Energi Batubara - Indonesia
- Chettinad Cement Corporation Ltd - India
- Ind-Barath Power Infra Limited - India
- Kepco SPC Power Corporation, Philippines
- CNBM International Corporation - China
- Videocon Industries ltd - India
- Larsen & Toubro Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Savvy Resources Ltd - HongKong
- Timah Investasi Mineral - Indoneisa
- Karbindo Abesyapradhi - Indoneisa
- Attock Cement Pakistan Limited
- Kohat Cement Company Ltd. - Pakistan
- Star Paper Mills Limited - India
- Orica Mining Services - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Iligan Light & Power Inc, Philippines
- Rashtriya Ispat Nigam Limited - India
- Mintek Dendrill Indonesia
- Grasim Industreis Ltd - India
- European Bulk Services B.V. - Netherlands
- Romanian Commodities Exchange
- Aboitiz Power Corporation - Philippines
- Leighton Contractors Pty Ltd - Australia
- Bharathi Cement Corporation - India
- Maharashtra Electricity Regulatory Commission - India
- Samtan Co., Ltd - South Korea
- Bahari Cakrawala Sebuku - Indonesia
- Port Waratah Coal Services - Australia
- GN Power Mariveles Coal Plant, Philippines
- Wood Mackenzie - Singapore
- Mercuria Energy - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Thiess Contractors Indonesia
- Electricity Authority, New Zealand
- Therma Luzon, Inc, Philippines
- Indonesian Coal Mining Association
- Singapore Mercantile Exchange
- Indo Tambangraya Megah - Indonesia
- Wilmar Investment Holdings
- Gujarat Electricity Regulatory Commission - India
- Formosa Plastics Group - Taiwan
- Aditya Birla Group - India
- Banpu Public Company Limited - Thailand
- Planning Commission, India
- International Coal Ventures Pvt Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- GVK Power & Infra Limited - India
- Ceylon Electricity Board - Sri Lanka
- Mercator Lines Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- Medco Energi Mining Internasional
- GAC Shipping (India) Pvt Ltd
- Essar Steel Hazira Ltd - India
- Economic Council, Georgia
- Gujarat Mineral Development Corp Ltd - India
- Thai Mozambique Logistica
- Goldman Sachs - Singapore
- Siam City Cement - Thailand
- Price Waterhouse Coopers - Russia
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