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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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Saturday, 21 July 12
INDONESIAN COMPANIES ABM INVESTAMA AND AVRA ASIA WORK OUT LONG-TERM CONTRACT - THE JAKARTA GLOBE
The Jakarta Globe, one of the leading English news papaer in Indonesia reported that, ABM Investama, a company with diversified interests in coal mi ...
Friday, 20 July 12
INDONESIA-INDIA SUPRAS BEING FIXED AT $ 10K
Handy
After a stable last week, the Handysize market has experienced softening rates in the Atlantic. Ships are ballasting from India into the Atla ...
Friday, 20 July 12
HANDYSIZES PROVE RATHER ATTRACTIVE AMONG OTHER SHIPS, IN TERMS OF FUTURE RETURNS ON INVESTMENT - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The Handysize segment of the dry bulk market appears to offer the best incentive among other ship types, for a ship owners to invest in, says Interm ...
Wednesday, 18 July 12
TAIWAN POWER COMPANY TO IMPORT 0.588 MILLION TONS OF LOW ASH AND EXTRA LOW SULFUR SUB-BITUMINOUS COAL
COALspot.com - Taiwan Power Company intends to procure 588,000 MT tons of extra low sulfur sub-bituminous coal for Taipower thermal power plant thro ...
Wednesday, 18 July 12
SHIP PRICES HAVE FALLEN RAPIDLY THIS YEAR, FAVORING INVESTORS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The price for a 5 year old Capesize dry bulk carrier of 172,000 dwt has fallen to about $33,4mil from $42.9 at the end of June 2011, while at end of ...
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- Ministry of Transport, Egypt
- Bayan Resources Tbk. - Indonesia
- New Zealand Coal & Carbon
- Parliament of New Zealand
- Commonwealth Bank - Australia
- Posco Energy - South Korea
- Energy Link Ltd, New Zealand
- Ministry of Finance - Indonesia
- Videocon Industries ltd - India
- Port Waratah Coal Services - Australia
- PNOC Exploration Corporation - Philippines
- Kobexindo Tractors - Indoneisa
- Timah Investasi Mineral - Indoneisa
- Altura Mining Limited, Indonesia
- Kalimantan Lumbung Energi - Indonesia
- OPG Power Generation Pvt Ltd - India
- White Energy Company Limited
- Salva Resources Pvt Ltd - India
- Indonesian Coal Mining Association
- Intertek Mineral Services - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Price Waterhouse Coopers - Russia
- Merrill Lynch Commodities Europe
- Manunggal Multi Energi - Indonesia
- Meralco Power Generation, Philippines
- Orica Australia Pty. Ltd.
- Minerals Council of Australia
- Asmin Koalindo Tuhup - Indonesia
- The University of Queensland
- Semirara Mining and Power Corporation, Philippines
- Indika Energy - Indonesia
- Kumho Petrochemical, South Korea
- Pendopo Energi Batubara - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Siam City Cement PLC, Thailand
- Billiton Holdings Pty Ltd - Australia
- Rio Tinto Coal - Australia
- Malabar Cements Ltd - India
- Thiess Contractors Indonesia
- Australian Commodity Traders Exchange
- Indogreen Group - Indonesia
- Indian Oil Corporation Limited
- Coastal Gujarat Power Limited - India
- Metalloyd Limited - United Kingdom
- Larsen & Toubro Limited - India
- Economic Council, Georgia
- Latin American Coal - Colombia
- Toyota Tsusho Corporation, Japan
- Marubeni Corporation - India
- Vedanta Resources Plc - India
- European Bulk Services B.V. - Netherlands
- Gujarat Mineral Development Corp Ltd - India
- CNBM International Corporation - China
- Vizag Seaport Private Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Anglo American - United Kingdom
- Karaikal Port Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Carbofer General Trading SA - India
- India Bulls Power Limited - India
- Petron Corporation, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Sojitz Corporation - Japan
- Interocean Group of Companies - India
- Bahari Cakrawala Sebuku - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- MS Steel International - UAE
- Aditya Birla Group - India
- Medco Energi Mining Internasional
- Aboitiz Power Corporation - Philippines
- Meenaskhi Energy Private Limited - India
- ICICI Bank Limited - India
- Dalmia Cement Bharat India
- The State Trading Corporation of India Ltd
- Central Java Power - Indonesia
- Semirara Mining Corp, Philippines
- Global Coal Blending Company Limited - Australia
- Chamber of Mines of South Africa
- Sical Logistics Limited - India
- Ministry of Mines - Canada
- Leighton Contractors Pty Ltd - Australia
- Ind-Barath Power Infra Limited - India
- Bhushan Steel Limited - India
- Coalindo Energy - Indonesia
- GVK Power & Infra Limited - India
- Global Business Power Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Romanian Commodities Exchange
- Deloitte Consulting - India
- Uttam Galva Steels Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Heidelberg Cement - Germany
- Cigading International Bulk Terminal - Indonesia
- Georgia Ports Authority, United States
- Binh Thuan Hamico - Vietnam
- GAC Shipping (India) Pvt Ltd
- Sindya Power Generating Company Private Ltd
- Planning Commission, India
- Coal and Oil Company - UAE
- Iligan Light & Power Inc, Philippines
- South Luzon Thermal Energy Corporation
- Jindal Steel & Power Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- VISA Power Limited - India
- PTC India Limited - India
- PowerSource Philippines DevCo
- Bukit Baiduri Energy - Indonesia
- Thai Mozambique Logistica
- Karbindo Abesyapradhi - Indoneisa
- Globalindo Alam Lestari - Indonesia
- Gujarat Sidhee Cement - India
- Africa Commodities Group - South Africa
- Star Paper Mills Limited - India
- Antam Resourcindo - Indonesia
- Mjunction Services Limited - India
- IHS Mccloskey Coal Group - USA
- Bangladesh Power Developement Board
- SN Aboitiz Power Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- Formosa Plastics Group - Taiwan
- Sarangani Energy Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Alfred C Toepfer International GmbH - Germany
- Baramulti Group, Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Mercator Lines Limited - India
- Energy Development Corp, Philippines
- Lanco Infratech Ltd - India
- Directorate Of Revenue Intelligence - India
- Savvy Resources Ltd - HongKong
- Cement Manufacturers Association - India
- Grasim Industreis Ltd - India
- Electricity Generating Authority of Thailand
- Bharathi Cement Corporation - India
- Kepco SPC Power Corporation, Philippines
- SMG Consultants - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Holcim Trading Pte Ltd - Singapore
- Kapuas Tunggal Persada - Indonesia
- International Coal Ventures Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- ASAPP Information Group - India
- Agrawal Coal Company - India
- Trasteel International SA, Italy
- London Commodity Brokers - England
- Samtan Co., Ltd - South Korea
- Therma Luzon, Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Power Finance Corporation Ltd., India
- Tamil Nadu electricity Board
- San Jose City I Power Corp, Philippines
- Standard Chartered Bank - UAE
- Riau Bara Harum - Indonesia
- Ambuja Cements Ltd - India
- SMC Global Power, Philippines
- Kideco Jaya Agung - Indonesia
- Central Electricity Authority - India
- TNB Fuel Sdn Bhd - Malaysia
- Australian Coal Association
- Kartika Selabumi Mining - Indonesia
- Parry Sugars Refinery, India
- Gujarat Electricity Regulatory Commission - India
- AsiaOL BioFuels Corp., Philippines
- Electricity Authority, New Zealand
- Bulk Trading Sa - Switzerland
- Directorate General of MIneral and Coal - Indonesia
- Renaissance Capital - South Africa
- Barasentosa Lestari - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Oldendorff Carriers - Singapore
- Chettinad Cement Corporation Ltd - India
- Wilmar Investment Holdings
- Mintek Dendrill Indonesia
- Rashtriya Ispat Nigam Limited - India
- Jaiprakash Power Ventures ltd
- Indian Energy Exchange, India
- Sree Jayajothi Cements Limited - India
- McConnell Dowell - Australia
- Essar Steel Hazira Ltd - India
- Madhucon Powers Ltd - India
- Bhoruka Overseas - Indonesia
- TeaM Sual Corporation - Philippines
- GMR Energy Limited - India
- CIMB Investment Bank - Malaysia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Global Green Power PLC Corporation, Philippines
- Xindia Steels Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Tata Chemicals Ltd - India
- Independent Power Producers Association of India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Maheswari Brothers Coal Limited - India
- Maharashtra Electricity Regulatory Commission - India
- IEA Clean Coal Centre - UK
- Sakthi Sugars Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bhatia International Limited - India
- Goldman Sachs - Singapore
- Attock Cement Pakistan Limited
- Orica Mining Services - Indonesia
- Banpu Public Company Limited - Thailand
- Borneo Indobara - Indonesia
- Simpson Spence & Young - Indonesia
- Singapore Mercantile Exchange
- Indo Tambangraya Megah - Indonesia
- The Treasury - Australian Government
- Siam City Cement - Thailand
- Kaltim Prima Coal - Indonesia
- Wood Mackenzie - Singapore
- Edison Trading Spa - Italy
- Mercuria Energy - Indonesia
- Makarim & Taira - Indonesia
- Eastern Coal Council - USA
- Eastern Energy - Thailand
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Sinarmas Energy and Mining - Indonesia
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