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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, 13 December 12
HANDY : WCI-CHINA RATES AROUND $ 6000 AND ECI-CHINA AROUND $ 4000 - FEARNLEYS
Handy
Atlantic market remained unchanged. Rates from USG to Feast were around USD 18k and Black Sea to Feast about USD 10k. USG-Skaw-Passero rates ...
Wednesday, 12 December 12
69.23 PERCENT OF END-USERS ARE BELIEVE, COAL PRICES ARE IN UPWARD TREND
COALspot.com - The Indonesian government’s declared coal reference price for December’ 12 has gained US cents 31 per MT M-o- ...
Wednesday, 12 December 12
CAPESIZE FREIGHT RATES TO RANGE BETWEEN $9,000 - 16,000/DAY IN THE COMING WEEKS SAYS BIMCO - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
In its regular update on the dry bulk market, BIMCO forecasted yesterday, that Capesize time-charter rates are expected to stay elevated in the foll ...
Tuesday, 11 December 12
NEWCASTLE PORT IN AUSTRALIA HAS LOADED 2,720,205 MT OF COAL W/E 10 DECEMBER 2012
COALspot.com - Newcastle port in Australia has loaded 2,720,205 MT of thermal and coking coal for week ended 0700 hours 10 December 2012, Newc ...
Sunday, 09 December 12
COAL SWAPS HAVE LOST DIRECTION DUE TO LACK OF ASIAN INTEREST
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average Q1’ 2013 delivery gained 2.43 percent M-M but lost WoW by 0.54 percent and 0.62 ...
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- PetroVietnam Power Coal Import and Supply Company
- Videocon Industries ltd - India
- Barasentosa Lestari - Indonesia
- Wood Mackenzie - Singapore
- Siam City Cement - Thailand
- CIMB Investment Bank - Malaysia
- Indian Energy Exchange, India
- GAC Shipping (India) Pvt Ltd
- Standard Chartered Bank - UAE
- Mjunction Services Limited - India
- ICICI Bank Limited - India
- Georgia Ports Authority, United States
- Indian Oil Corporation Limited
- Kapuas Tunggal Persada - Indonesia
- Ministry of Mines - Canada
- Pipit Mutiara Jaya. PT, Indonesia
- McConnell Dowell - Australia
- Merrill Lynch Commodities Europe
- Mercator Lines Limited - India
- Therma Luzon, Inc, Philippines
- Dalmia Cement Bharat India
- LBH Netherlands Bv - Netherlands
- Coal and Oil Company - UAE
- GVK Power & Infra Limited - India
- Independent Power Producers Association of India
- Semirara Mining and Power Corporation, Philippines
- London Commodity Brokers - England
- European Bulk Services B.V. - Netherlands
- Pendopo Energi Batubara - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Simpson Spence & Young - Indonesia
- Bhushan Steel Limited - India
- Maheswari Brothers Coal Limited - India
- Parry Sugars Refinery, India
- Australian Commodity Traders Exchange
- Asmin Koalindo Tuhup - Indonesia
- Kumho Petrochemical, South Korea
- Medco Energi Mining Internasional
- Sojitz Corporation - Japan
- Iligan Light & Power Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Kaltim Prima Coal - Indonesia
- Kideco Jaya Agung - Indonesia
- Ministry of Finance - Indonesia
- New Zealand Coal & Carbon
- India Bulls Power Limited - India
- Coastal Gujarat Power Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bharathi Cement Corporation - India
- Africa Commodities Group - South Africa
- The Treasury - Australian Government
- Minerals Council of Australia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Kepco SPC Power Corporation, Philippines
- Bhatia International Limited - India
- Marubeni Corporation - India
- Xindia Steels Limited - India
- Leighton Contractors Pty Ltd - Australia
- Port Waratah Coal Services - Australia
- Vizag Seaport Private Limited - India
- Economic Council, Georgia
- Deloitte Consulting - India
- South Luzon Thermal Energy Corporation
- Meenaskhi Energy Private Limited - India
- Holcim Trading Pte Ltd - Singapore
- Chamber of Mines of South Africa
- Gujarat Mineral Development Corp Ltd - India
- SMG Consultants - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Kalimantan Lumbung Energi - Indonesia
- Trasteel International SA, Italy
- Ceylon Electricity Board - Sri Lanka
- Central Java Power - Indonesia
- Anglo American - United Kingdom
- Electricity Generating Authority of Thailand
- Maharashtra Electricity Regulatory Commission - India
- Posco Energy - South Korea
- Global Coal Blending Company Limited - Australia
- Essar Steel Hazira Ltd - India
- Commonwealth Bank - Australia
- Larsen & Toubro Limited - India
- Gujarat Sidhee Cement - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- SMC Global Power, Philippines
- Altura Mining Limited, Indonesia
- Heidelberg Cement - Germany
- Petron Corporation, Philippines
- Edison Trading Spa - Italy
- Interocean Group of Companies - India
- Sical Logistics Limited - India
- Indonesian Coal Mining Association
- Gujarat Electricity Regulatory Commission - India
- IHS Mccloskey Coal Group - USA
- Sinarmas Energy and Mining - Indonesia
- Vedanta Resources Plc - India
- Agrawal Coal Company - India
- GMR Energy Limited - India
- MS Steel International - UAE
- Bayan Resources Tbk. - Indonesia
- Siam City Cement PLC, Thailand
- The State Trading Corporation of India Ltd
- Ministry of Transport, Egypt
- Planning Commission, India
- Coalindo Energy - Indonesia
- Thiess Contractors Indonesia
- Singapore Mercantile Exchange
- Samtan Co., Ltd - South Korea
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- PNOC Exploration Corporation - Philippines
- Savvy Resources Ltd - HongKong
- Indika Energy - Indonesia
- Bukit Makmur.PT - Indonesia
- Indo Tambangraya Megah - Indonesia
- Electricity Authority, New Zealand
- Banpu Public Company Limited - Thailand
- TNB Fuel Sdn Bhd - Malaysia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ambuja Cements Ltd - India
- Attock Cement Pakistan Limited
- AsiaOL BioFuels Corp., Philippines
- Indogreen Group - Indonesia
- OPG Power Generation Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Star Paper Mills Limited - India
- Bhoruka Overseas - Indonesia
- Manunggal Multi Energi - Indonesia
- Mintek Dendrill Indonesia
- Toyota Tsusho Corporation, Japan
- Tata Chemicals Ltd - India
- Aditya Birla Group - India
- Rashtriya Ispat Nigam Limited - India
- Makarim & Taira - Indonesia
- Kartika Selabumi Mining - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Lanco Infratech Ltd - India
- TeaM Sual Corporation - Philippines
- Global Green Power PLC Corporation, Philippines
- Orica Mining Services - Indonesia
- Tamil Nadu electricity Board
- Intertek Mineral Services - Indonesia
- Sindya Power Generating Company Private Ltd
- Parliament of New Zealand
- Bangladesh Power Developement Board
- Karaikal Port Pvt Ltd - India
- Carbofer General Trading SA - India
- VISA Power Limited - India
- Binh Thuan Hamico - Vietnam
- Metalloyd Limited - United Kingdom
- Malabar Cements Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- International Coal Ventures Pvt Ltd - India
- Latin American Coal - Colombia
- Formosa Plastics Group - Taiwan
- Directorate Of Revenue Intelligence - India
- Aboitiz Power Corporation - Philippines
- Sarangani Energy Corporation, Philippines
- Antam Resourcindo - Indonesia
- CNBM International Corporation - China
- Energy Link Ltd, New Zealand
- Grasim Industreis Ltd - India
- Eastern Energy - Thailand
- Eastern Coal Council - USA
- Wilmar Investment Holdings
- Power Finance Corporation Ltd., India
- Kobexindo Tractors - Indoneisa
- Globalindo Alam Lestari - Indonesia
- Uttam Galva Steels Limited - India
- San Jose City I Power Corp, Philippines
- Goldman Sachs - Singapore
- Rio Tinto Coal - Australia
- White Energy Company Limited
- Straits Asia Resources Limited - Singapore
- ASAPP Information Group - India
- Salva Resources Pvt Ltd - India
- Meralco Power Generation, Philippines
- Romanian Commodities Exchange
- Semirara Mining Corp, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Sree Jayajothi Cements Limited - India
- Miang Besar Coal Terminal - Indonesia
- Jindal Steel & Power Ltd - India
- PTC India Limited - India
- IEA Clean Coal Centre - UK
- Central Electricity Authority - India
- Madhucon Powers Ltd - India
- Baramulti Group, Indonesia
- Thai Mozambique Logistica
- Mercuria Energy - Indonesia
- Global Business Power Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Australian Coal Association
- PowerSource Philippines DevCo
- Borneo Indobara - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Energy Development Corp, Philippines
- Bulk Trading Sa - Switzerland
- Orica Australia Pty. Ltd.
- Kohat Cement Company Ltd. - Pakistan
- Vijayanagar Sugar Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Riau Bara Harum - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Sakthi Sugars Limited - India
- Price Waterhouse Coopers - Russia
- Neyveli Lignite Corporation Ltd, - India
- Oldendorff Carriers - Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Jaiprakash Power Ventures ltd
- Bukit Baiduri Energy - Indonesia
- Chettinad Cement Corporation Ltd - India
- The University of Queensland
- Renaissance Capital - South Africa
- Cement Manufacturers Association - India
- Cigading International Bulk Terminal - Indonesia
- Timah Investasi Mineral - Indoneisa
- SN Aboitiz Power Inc, Philippines
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