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Thursday, 26 April 12
ADK SHIPPED 28,000 TONNES OF COAL THIS MONTH
COALspot.com - Orpheus Energy (ASX:OEG) has announced that four coal barges carrying a total of approximately 28,000 tonnes of ADK (Alam Duta Kalimantan) thermal coal have successfully been shipped out of the SSDK port and sold to an Indonesian trading group.
According to press release of the company, the coal has a typical South Kalimantan product specification of 5500-5300 Kcal/Kg (ADB), and is low in ash and sulphur. Coal quality assays are expected in the next fortnight and once received, final pricing will be agreed.
The SSDK port, located approximately 15km from the ADK coal mine, and some 10km down the coast from the PCMU (“Citra”) port, provides additional available capacity for Orpheus Energy coal exports.
Executive Chairman Wayne Mitchell said: “We are delighted that the Joint Venture has been able to progress so quickly into coal exports since we first announced Orpheus had secured a 50% equity interest in the ADK coal (Alam Duta Kalimantan) project, in March 2012. The SSDK port provides Orpheus with valuable extra capacity to increase our export tonnage, which we intend to aggressively pursue over the coming months”.
Source: Six Degrees Investor Relations
About Orpheus Energy Limited
Orpheus Energy Limited (“OEG”) is a coal company focusing on coal production and exploration in Indonesia. OEG also owns some Australian coal and industrial minerals projects. Orpheus has signed a strategic alliance with PT Mega Coal International (‘Mega’) which is an existing coal producer and exporter. Orpheus is on a fast track to growth, through increasing production at the recently acquired ADK project, moving its B26/34 projects into production, definitive exploration programmes at the Papua project and acquiring near term production assets.
About PT Mega Coal
PT Mega Coal is a privately-held coal mining company with an extensive local network and mining experience in Indonesia. OEG has an existing strategic alliance with PT Mega Coal, notably including its joint ventures for ADK, B26/B34 and Papua. The strategic alliance with PT Mega Coal enables the opportunity for continued additional coal concessions in Indonesia.
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Sunday, 17 June 12
S7 & S8 ROUTES ARE LIKELY TO BE SOFT NEXT WEEK - VISTAAR
COALspot.com - The BDI gained some increase after continues fall for several weeks.
The BDI increased by 47 points (up by 5.36 pct) closing at 92 ...
Saturday, 16 June 12
INDONESIAN SUB-BITUMINOUS COAL & CFR SOUTH CHINA COAL CONTRACT SWAPS ARE UNDER PRESSURE
COALspot.com - Indonesian sub-bituminous coal swaps and CFR South China coal contracts for July deliveries seems to be under pressure this week.&nbs ...
Friday, 15 June 12
CAPESIZE - THE LEVELS THAT DID FIX ARE DOWN W-O-W LEVELS - FEARNLEYS
Handy
Another slow-moving market with rates hovering at same level as last week. US Gulf positions fixed USD 25,000 for trips to Cont/Passero and S ...
Thursday, 14 June 12
SMALLER DRY BULK CARRIERS LIKELY TO FACE MORE CHALLENGES; DEMOLITION ACTIVITY SET FOR RECORD YEAR - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In its latest update on the dry bulk markets, BIMCO said that China is partly “failing to deliver” on raw material imports that can affe ...
Wednesday, 13 June 12
LOW COAL PRICES COULD CHANGE SUPPLY SIDE DYNAMICS - FITCH RATINGS
Fitch Ratings believes that the weakness seen in thermal coal prices in recent months should reverse once demand from major importers recovers, alth ...
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- Neyveli Lignite Corporation Ltd, - India
- Singapore Mercantile Exchange
- Power Finance Corporation Ltd., India
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- ASAPP Information Group - India
- Heidelberg Cement - Germany
- GMR Energy Limited - India
- Uttam Galva Steels Limited - India
- Interocean Group of Companies - India
- Directorate Of Revenue Intelligence - India
- Star Paper Mills Limited - India
- Goldman Sachs - Singapore
- Wood Mackenzie - Singapore
- Banpu Public Company Limited - Thailand
- International Coal Ventures Pvt Ltd - India
- SMC Global Power, Philippines
- Semirara Mining Corp, Philippines
- GVK Power & Infra Limited - India
- Bangladesh Power Developement Board
- Trasteel International SA, Italy
- Cement Manufacturers Association - India
- Kideco Jaya Agung - Indonesia
- The University of Queensland
- Ambuja Cements Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Parry Sugars Refinery, India
- Independent Power Producers Association of India
- Indian Oil Corporation Limited
- VISA Power Limited - India
- Aditya Birla Group - India
- Sakthi Sugars Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Ministry of Finance - Indonesia
- Siam City Cement - Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Bayan Resources Tbk. - Indonesia
- Global Business Power Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Krishnapatnam Port Company Ltd. - India
- Kalimantan Lumbung Energi - Indonesia
- Chamber of Mines of South Africa
- Karaikal Port Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Timah Investasi Mineral - Indoneisa
- Cigading International Bulk Terminal - Indonesia
- Mercuria Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Bhatia International Limited - India
- Pendopo Energi Batubara - Indonesia
- Electricity Authority, New Zealand
- European Bulk Services B.V. - Netherlands
- Jorong Barutama Greston.PT - Indonesia
- GAC Shipping (India) Pvt Ltd
- TeaM Sual Corporation - Philippines
- Chettinad Cement Corporation Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Australian Coal Association
- Grasim Industreis Ltd - India
- Simpson Spence & Young - Indonesia
- White Energy Company Limited
- Medco Energi Mining Internasional
- Parliament of New Zealand
- Antam Resourcindo - Indonesia
- SMG Consultants - Indonesia
- Sarangani Energy Corporation, Philippines
- Larsen & Toubro Limited - India
- McConnell Dowell - Australia
- Xindia Steels Limited - India
- New Zealand Coal & Carbon
- Formosa Plastics Group - Taiwan
- Samtan Co., Ltd - South Korea
- Billiton Holdings Pty Ltd - Australia
- Agrawal Coal Company - India
- Salva Resources Pvt Ltd - India
- London Commodity Brokers - England
- Maheswari Brothers Coal Limited - India
- CIMB Investment Bank - Malaysia
- Holcim Trading Pte Ltd - Singapore
- Aboitiz Power Corporation - Philippines
- Standard Chartered Bank - UAE
- Gujarat Sidhee Cement - India
- Jaiprakash Power Ventures ltd
- Coastal Gujarat Power Limited - India
- Electricity Generating Authority of Thailand
- Altura Mining Limited, Indonesia
- Bhushan Steel Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Orica Mining Services - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Riau Bara Harum - Indonesia
- Bukit Baiduri Energy - Indonesia
- Renaissance Capital - South Africa
- Attock Cement Pakistan Limited
- Toyota Tsusho Corporation, Japan
- Gujarat Mineral Development Corp Ltd - India
- Posco Energy - South Korea
- Wilmar Investment Holdings
- Bahari Cakrawala Sebuku - Indonesia
- Iligan Light & Power Inc, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Edison Trading Spa - Italy
- Indogreen Group - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Eastern Coal Council - USA
- Asmin Koalindo Tuhup - Indonesia
- Global Green Power PLC Corporation, Philippines
- Carbofer General Trading SA - India
- Kobexindo Tractors - Indoneisa
- Planning Commission, India
- Central Java Power - Indonesia
- Meralco Power Generation, Philippines
- PTC India Limited - India
- Baramulti Group, Indonesia
- Lanco Infratech Ltd - India
- Ministry of Transport, Egypt
- Africa Commodities Group - South Africa
- Gujarat Electricity Regulatory Commission - India
- Manunggal Multi Energi - Indonesia
- Kartika Selabumi Mining - Indonesia
- Dalmia Cement Bharat India
- Romanian Commodities Exchange
- Ceylon Electricity Board - Sri Lanka
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- The Treasury - Australian Government
- Orica Australia Pty. Ltd.
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- ICICI Bank Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Savvy Resources Ltd - HongKong
- Ministry of Mines - Canada
- Mjunction Services Limited - India
- MS Steel International - UAE
- Coalindo Energy - Indonesia
- Sojitz Corporation - Japan
- Anglo American - United Kingdom
- Videocon Industries ltd - India
- Therma Luzon, Inc, Philippines
- Jindal Steel & Power Ltd - India
- Port Waratah Coal Services - Australia
- Merrill Lynch Commodities Europe
- Vijayanagar Sugar Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Marubeni Corporation - India
- IEA Clean Coal Centre - UK
- Latin American Coal - Colombia
- Bukit Makmur.PT - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Tata Chemicals Ltd - India
- Madhucon Powers Ltd - India
- India Bulls Power Limited - India
- Price Waterhouse Coopers - Russia
- Miang Besar Coal Terminal - Indonesia
- The State Trading Corporation of India Ltd
- Vizag Seaport Private Limited - India
- Central Electricity Authority - India
- Vedanta Resources Plc - India
- IHS Mccloskey Coal Group - USA
- Sical Logistics Limited - India
- Rashtriya Ispat Nigam Limited - India
- Australian Commodity Traders Exchange
- Binh Thuan Hamico - Vietnam
- Siam City Cement PLC, Thailand
- Bulk Trading Sa - Switzerland
- Economic Council, Georgia
- Sree Jayajothi Cements Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Mintek Dendrill Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Bharathi Cement Corporation - India
- Eastern Energy - Thailand
- Metalloyd Limited - United Kingdom
- AsiaOL BioFuels Corp., Philippines
- Deloitte Consulting - India
- Indian Energy Exchange, India
- Global Coal Blending Company Limited - Australia
- South Luzon Thermal Energy Corporation
- PowerSource Philippines DevCo
- Bhoruka Overseas - Indonesia
- Minerals Council of Australia
- Globalindo Alam Lestari - Indonesia
- Mercator Lines Limited - India
- Sinarmas Energy and Mining - Indonesia
- OPG Power Generation Pvt Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Rio Tinto Coal - Australia
- Georgia Ports Authority, United States
- Tamil Nadu electricity Board
- Energy Development Corp, Philippines
- Barasentosa Lestari - Indonesia
- Petron Corporation, Philippines
- Oldendorff Carriers - Singapore
- Kepco SPC Power Corporation, Philippines
- Thai Mozambique Logistica
- Thiess Contractors Indonesia
- Kumho Petrochemical, South Korea
- Pipit Mutiara Jaya. PT, Indonesia
- Essar Steel Hazira Ltd - India
- Commonwealth Bank - Australia
- CNBM International Corporation - China
- Indika Energy - Indonesia
- San Jose City I Power Corp, Philippines
- Coal and Oil Company - UAE
- Indonesian Coal Mining Association
- Straits Asia Resources Limited - Singapore
- Sindya Power Generating Company Private Ltd
- Intertek Mineral Services - Indonesia
- Malabar Cements Ltd - India
- Borneo Indobara - Indonesia
- Energy Link Ltd, New Zealand
- SN Aboitiz Power Inc, Philippines
- Kaltim Prima Coal - Indonesia
- LBH Netherlands Bv - Netherlands
- Kohat Cement Company Ltd. - Pakistan
- Indo Tambangraya Megah - Indonesia
- PetroVietnam Power Coal Import and Supply Company
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