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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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Wednesday, 11 April 12
DRY BULK MARKET STILL SUBDUED, RECOVERY NOT YET SEEN - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market entered the new week after the past days of easter holidays in western countries in a subdued mood. The industry’s benchma ...
Monday, 09 April 12
WEEKLY DRY MARKET OVERVIEW - MARIA BERTZELETOU, HELLENIC SHIPPING
The first week of April ended with the Baltic Dry Index falling below 950 points, before Catholic Easter, and capesizes showing a modest upturn with ...
Sunday, 08 April 12
CHARTER RATES COULD CONTINUE TO BE SOFT NEXT WEEK - VISTAAR
COALspot.com - The BDI was almost at same levels closing slightly lower by 0.64 pct at 928 points.
The Cape index was up by 6.73 pct closing at ...
Friday, 06 April 12
INDONESIAN HBA FALL TO LOWEST LEVEL SINCE JANUARY 2011
COALspot.com - Indonesian HBA fall to lowest level since January 2011 this month. The monthly coal reference price for coal sales in April fal ...
Friday, 06 April 12
DRY BULK MARKET SWIFT TO HALT FALL ON RENEWED DEMAND FOR CAPESIZES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk managed to put a stop to the recent falls, which came as a result of a lacklustre demand for smaller vessel sizes. Although this trend ...
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- Meralco Power Generation, Philippines
- SMG Consultants - Indonesia
- Aditya Birla Group - India
- Tata Chemicals Ltd - India
- Altura Mining Limited, Indonesia
- Ambuja Cements Ltd - India
- Ind-Barath Power Infra Limited - India
- Coalindo Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- Neyveli Lignite Corporation Ltd, - India
- Samtan Co., Ltd - South Korea
- Formosa Plastics Group - Taiwan
- Kobexindo Tractors - Indoneisa
- PowerSource Philippines DevCo
- San Jose City I Power Corp, Philippines
- Intertek Mineral Services - Indonesia
- Latin American Coal - Colombia
- The University of Queensland
- New Zealand Coal & Carbon
- Price Waterhouse Coopers - Russia
- CNBM International Corporation - China
- Asmin Koalindo Tuhup - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Merrill Lynch Commodities Europe
- Dalmia Cement Bharat India
- Trasteel International SA, Italy
- Anglo American - United Kingdom
- Savvy Resources Ltd - HongKong
- Salva Resources Pvt Ltd - India
- London Commodity Brokers - England
- MS Steel International - UAE
- Mercator Lines Limited - India
- Heidelberg Cement - Germany
- Directorate Of Revenue Intelligence - India
- Indo Tambangraya Megah - Indonesia
- GAC Shipping (India) Pvt Ltd
- Kepco SPC Power Corporation, Philippines
- Australian Coal Association
- Krishnapatnam Port Company Ltd. - India
- Antam Resourcindo - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Jindal Steel & Power Ltd - India
- Independent Power Producers Association of India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Banpu Public Company Limited - Thailand
- Global Green Power PLC Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- CIMB Investment Bank - Malaysia
- Commonwealth Bank - Australia
- International Coal Ventures Pvt Ltd - India
- Makarim & Taira - Indonesia
- Simpson Spence & Young - Indonesia
- Central Electricity Authority - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Karaikal Port Pvt Ltd - India
- Thai Mozambique Logistica
- Bhatia International Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Sarangani Energy Corporation, Philippines
- Bhushan Steel Limited - India
- Vedanta Resources Plc - India
- Central Java Power - Indonesia
- Globalindo Alam Lestari - Indonesia
- Parry Sugars Refinery, India
- Minerals Council of Australia
- Global Business Power Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Ministry of Finance - Indonesia
- Lanco Infratech Ltd - India
- Eastern Coal Council - USA
- Vizag Seaport Private Limited - India
- Electricity Authority, New Zealand
- Karbindo Abesyapradhi - Indoneisa
- Therma Luzon, Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Goldman Sachs - Singapore
- Toyota Tsusho Corporation, Japan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mintek Dendrill Indonesia
- White Energy Company Limited
- Directorate General of MIneral and Coal - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Sojitz Corporation - Japan
- Rio Tinto Coal - Australia
- Electricity Generating Authority of Thailand
- Barasentosa Lestari - Indonesia
- Bulk Trading Sa - Switzerland
- Maharashtra Electricity Regulatory Commission - India
- Planning Commission, India
- Energy Link Ltd, New Zealand
- Rashtriya Ispat Nigam Limited - India
- Chettinad Cement Corporation Ltd - India
- Sakthi Sugars Limited - India
- Miang Besar Coal Terminal - Indonesia
- PTC India Limited - India
- Chamber of Mines of South Africa
- Borneo Indobara - Indonesia
- Semirara Mining Corp, Philippines
- Interocean Group of Companies - India
- SMC Global Power, Philippines
- Carbofer General Trading SA - India
- Marubeni Corporation - India
- Siam City Cement PLC, Thailand
- The Treasury - Australian Government
- Ministry of Mines - Canada
- Deloitte Consulting - India
- Alfred C Toepfer International GmbH - Germany
- OPG Power Generation Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Kumho Petrochemical, South Korea
- Bukit Baiduri Energy - Indonesia
- Africa Commodities Group - South Africa
- Agrawal Coal Company - India
- Cigading International Bulk Terminal - Indonesia
- ICICI Bank Limited - India
- Metalloyd Limited - United Kingdom
- Wood Mackenzie - Singapore
- Madhucon Powers Ltd - India
- GVK Power & Infra Limited - India
- Coastal Gujarat Power Limited - India
- Orica Australia Pty. Ltd.
- The State Trading Corporation of India Ltd
- LBH Netherlands Bv - Netherlands
- Bank of Tokyo Mitsubishi UFJ Ltd
- Holcim Trading Pte Ltd - Singapore
- Jaiprakash Power Ventures ltd
- Bhoruka Overseas - Indonesia
- Posco Energy - South Korea
- Petrochimia International Co. Ltd.- Taiwan
- South Luzon Thermal Energy Corporation
- Wilmar Investment Holdings
- Kapuas Tunggal Persada - Indonesia
- Cement Manufacturers Association - India
- Tamil Nadu electricity Board
- Manunggal Multi Energi - Indonesia
- Sindya Power Generating Company Private Ltd
- TeaM Sual Corporation - Philippines
- Indogreen Group - Indonesia
- European Bulk Services B.V. - Netherlands
- Riau Bara Harum - Indonesia
- Xindia Steels Limited - India
- Orica Mining Services - Indonesia
- Baramulti Group, Indonesia
- Billiton Holdings Pty Ltd - Australia
- Larsen & Toubro Limited - India
- Essar Steel Hazira Ltd - India
- Medco Energi Mining Internasional
- Gujarat Sidhee Cement - India
- Timah Investasi Mineral - Indoneisa
- Sinarmas Energy and Mining - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- Sical Logistics Limited - India
- Aboitiz Power Corporation - Philippines
- Kalimantan Lumbung Energi - Indonesia
- Energy Development Corp, Philippines
- Mercuria Energy - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- IHS Mccloskey Coal Group - USA
- Binh Thuan Hamico - Vietnam
- Georgia Ports Authority, United States
- Power Finance Corporation Ltd., India
- Videocon Industries ltd - India
- GMR Energy Limited - India
- Petron Corporation, Philippines
- Indian Oil Corporation Limited
- IEA Clean Coal Centre - UK
- Kideco Jaya Agung - Indonesia
- Siam City Cement - Thailand
- Leighton Contractors Pty Ltd - Australia
- Bukit Makmur.PT - Indonesia
- Ministry of Transport, Egypt
- Bangladesh Power Developement Board
- Meenaskhi Energy Private Limited - India
- Coal and Oil Company - UAE
- Kartika Selabumi Mining - Indonesia
- Indian Energy Exchange, India
- Standard Chartered Bank - UAE
- Pendopo Energi Batubara - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- SN Aboitiz Power Inc, Philippines
- Grasim Industreis Ltd - India
- Uttam Galva Steels Limited - India
- Attock Cement Pakistan Limited
- Bharathi Cement Corporation - India
- ASAPP Information Group - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Thiess Contractors Indonesia
- AsiaOL BioFuels Corp., Philippines
- Star Paper Mills Limited - India
- Indika Energy - Indonesia
- Mjunction Services Limited - India
- VISA Power Limited - India
- McConnell Dowell - Australia
- Sree Jayajothi Cements Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Economic Council, Georgia
- PNOC Exploration Corporation - Philippines
- Romanian Commodities Exchange
- Indonesian Coal Mining Association
- Kaltim Prima Coal - Indonesia
- Australian Commodity Traders Exchange
- Edison Trading Spa - Italy
- Singapore Mercantile Exchange
- Eastern Energy - Thailand
- Renaissance Capital - South Africa
- Port Waratah Coal Services - Australia
- PetroVietnam Power Coal Import and Supply Company
- India Bulls Power Limited - India
- Oldendorff Carriers - Singapore
- Global Coal Blending Company Limited - Australia
- Parliament of New Zealand
- Malabar Cements Ltd - India
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