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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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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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- Heidelberg Cement - Germany
- Indogreen Group - Indonesia
- Renaissance Capital - South Africa
- Interocean Group of Companies - India
- Makarim & Taira - Indonesia
- Larsen & Toubro Limited - India
- Jaiprakash Power Ventures ltd
- Xindia Steels Limited - India
- Australian Commodity Traders Exchange
- Mjunction Services Limited - India
- Bulk Trading Sa - Switzerland
- Indonesian Coal Mining Association
- Kohat Cement Company Ltd. - Pakistan
- Central Electricity Authority - India
- Indian Oil Corporation Limited
- Kaltim Prima Coal - Indonesia
- Deloitte Consulting - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Coastal Gujarat Power Limited - India
- Energy Development Corp, Philippines
- Rashtriya Ispat Nigam Limited - India
- TeaM Sual Corporation - Philippines
- Petron Corporation, Philippines
- Meralco Power Generation, Philippines
- Bharathi Cement Corporation - India
- Singapore Mercantile Exchange
- Globalindo Alam Lestari - Indonesia
- Parliament of New Zealand
- Bangladesh Power Developement Board
- Iligan Light & Power Inc, Philippines
- Sical Logistics Limited - India
- Eastern Coal Council - USA
- Edison Trading Spa - Italy
- Sinarmas Energy and Mining - Indonesia
- Kapuas Tunggal Persada - Indonesia
- The State Trading Corporation of India Ltd
- Oldendorff Carriers - Singapore
- Madhucon Powers Ltd - India
- Independent Power Producers Association of India
- Bhatia International Limited - India
- Riau Bara Harum - Indonesia
- Carbofer General Trading SA - India
- CIMB Investment Bank - Malaysia
- Maharashtra Electricity Regulatory Commission - India
- Toyota Tsusho Corporation, Japan
- Altura Mining Limited, Indonesia
- Coal and Oil Company - UAE
- Global Green Power PLC Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Cement Manufacturers Association - India
- Georgia Ports Authority, United States
- Aditya Birla Group - India
- European Bulk Services B.V. - Netherlands
- Vijayanagar Sugar Pvt Ltd - India
- Electricity Authority, New Zealand
- Neyveli Lignite Corporation Ltd, - India
- Therma Luzon, Inc, Philippines
- Salva Resources Pvt Ltd - India
- Siam City Cement PLC, Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Directorate General of MIneral and Coal - Indonesia
- Sarangani Energy Corporation, Philippines
- Central Java Power - Indonesia
- GAC Shipping (India) Pvt Ltd
- McConnell Dowell - Australia
- Grasim Industreis Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Gujarat Sidhee Cement - India
- Savvy Resources Ltd - HongKong
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Ambuja Cements Ltd - India
- Metalloyd Limited - United Kingdom
- Antam Resourcindo - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Bayan Resources Tbk. - Indonesia
- Medco Energi Mining Internasional
- Goldman Sachs - Singapore
- Energy Link Ltd, New Zealand
- Kepco SPC Power Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Merrill Lynch Commodities Europe
- Mintek Dendrill Indonesia
- Leighton Contractors Pty Ltd - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- New Zealand Coal & Carbon
- White Energy Company Limited
- Power Finance Corporation Ltd., India
- Star Paper Mills Limited - India
- Kideco Jaya Agung - Indonesia
- Mercuria Energy - Indonesia
- ICICI Bank Limited - India
- Uttam Galva Steels Limited - India
- GVK Power & Infra Limited - India
- Bhoruka Overseas - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Billiton Holdings Pty Ltd - Australia
- Thiess Contractors Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Simpson Spence & Young - Indonesia
- Africa Commodities Group - South Africa
- Videocon Industries ltd - India
- VISA Power Limited - India
- Maheswari Brothers Coal Limited - India
- Sree Jayajothi Cements Limited - India
- Semirara Mining and Power Corporation, Philippines
- Borneo Indobara - Indonesia
- Gujarat Electricity Regulatory Commission - India
- IEA Clean Coal Centre - UK
- SN Aboitiz Power Inc, Philippines
- Romanian Commodities Exchange
- Wood Mackenzie - Singapore
- San Jose City I Power Corp, Philippines
- Agrawal Coal Company - India
- TNB Fuel Sdn Bhd - Malaysia
- Bahari Cakrawala Sebuku - Indonesia
- Attock Cement Pakistan Limited
- Karaikal Port Pvt Ltd - India
- Baramulti Group, Indonesia
- Standard Chartered Bank - UAE
- Planning Commission, India
- Intertek Mineral Services - Indonesia
- Jindal Steel & Power Ltd - India
- Wilmar Investment Holdings
- Indo Tambangraya Megah - Indonesia
- Chamber of Mines of South Africa
- Binh Thuan Hamico - Vietnam
- Petrochimia International Co. Ltd.- Taiwan
- CNBM International Corporation - China
- Meenaskhi Energy Private Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Commonwealth Bank - Australia
- Ind-Barath Power Infra Limited - India
- SMC Global Power, Philippines
- Price Waterhouse Coopers - Russia
- GMR Energy Limited - India
- Ceylon Electricity Board - Sri Lanka
- Essar Steel Hazira Ltd - India
- Banpu Public Company Limited - Thailand
- Orica Australia Pty. Ltd.
- Barasentosa Lestari - Indonesia
- Ministry of Finance - Indonesia
- Sakthi Sugars Limited - India
- Tata Chemicals Ltd - India
- Malabar Cements Ltd - India
- AsiaOL BioFuels Corp., Philippines
- Jorong Barutama Greston.PT - Indonesia
- Bukit Baiduri Energy - Indonesia
- Ministry of Mines - Canada
- LBH Netherlands Bv - Netherlands
- Australian Coal Association
- Formosa Plastics Group - Taiwan
- PTC India Limited - India
- Directorate Of Revenue Intelligence - India
- India Bulls Power Limited - India
- Bhushan Steel Limited - India
- Coalindo Energy - Indonesia
- Aboitiz Power Corporation - Philippines
- Miang Besar Coal Terminal - Indonesia
- Sindya Power Generating Company Private Ltd
- South Luzon Thermal Energy Corporation
- Thai Mozambique Logistica
- GN Power Mariveles Coal Plant, Philippines
- Cigading International Bulk Terminal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Siam City Cement - Thailand
- Global Business Power Corporation, Philippines
- Posco Energy - South Korea
- Timah Investasi Mineral - Indoneisa
- Kobexindo Tractors - Indoneisa
- Krishnapatnam Port Company Ltd. - India
- The University of Queensland
- Ministry of Transport, Egypt
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Sojitz Corporation - Japan
- IHS Mccloskey Coal Group - USA
- Electricity Generating Authority of Thailand
- Lanco Infratech Ltd - India
- Indika Energy - Indonesia
- Economic Council, Georgia
- Semirara Mining Corp, Philippines
- SMG Consultants - Indonesia
- Rio Tinto Coal - Australia
- ASAPP Information Group - India
- PowerSource Philippines DevCo
- Port Waratah Coal Services - Australia
- Anglo American - United Kingdom
- PNOC Exploration Corporation - Philippines
- Orica Mining Services - Indonesia
- Global Coal Blending Company Limited - Australia
- Minerals Council of Australia
- Chettinad Cement Corporation Ltd - India
- Marubeni Corporation - India
- Latin American Coal - Colombia
- Parry Sugars Refinery, India
- Mercator Lines Limited - India
- MS Steel International - UAE
- Kumho Petrochemical, South Korea
- Tamil Nadu electricity Board
- Eastern Energy - Thailand
- Asmin Koalindo Tuhup - Indonesia
- London Commodity Brokers - England
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kartika Selabumi Mining - Indonesia
- The Treasury - Australian Government
- Alfred C Toepfer International GmbH - Germany
- Vedanta Resources Plc - India
- Samtan Co., Ltd - South Korea
- Indian Energy Exchange, India
- Trasteel International SA, Italy
- International Coal Ventures Pvt Ltd - India
- Vizag Seaport Private Limited - India
- Manunggal Multi Energi - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Dalmia Cement Bharat India
- Bukit Makmur.PT - Indonesia
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