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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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Monday, 13 February 12
WEEKLY DRY MARKET OVERVIEW - MARIA BERTZELETOU, HELLENIC SHIPPING
The current sentiment in the dry market resembles memories from the end of 2008, when the Baltic Dry Index closed at the level of 663 points on Dece ...
Sunday, 12 February 12
INDONESIA HAS ISSUED A REGULATION TO BAN THE EXPORT OF UNPROCESSED MINERALS AND METALS BY 2014
COALspot.com - The Indonesian government has finally issued a ministerial decree (7 Year 2012 dated 6 February 2012) to ban the export of unpro ...
Sunday, 12 February 12
THE BALTIC DRY INDEX CLIMBS 10.51%
COALspot.com - "The markets touched record lows not seen since mid 80’s. However there was some good news with signs of market recovery a ...
Saturday, 11 February 12
A SNAPSHOT ON THE ECONOMIC AND SHIPPING ENVIRONMENT - GOLDEN DESTINY
The week was highlighted with intense worries in the eurozone for Greece to secure its second bailout of $130billion by applying a ...
Saturday, 11 February 12
WILL HISTORY REPEAT ITSELF IN THIS SHIPPING CYCLE? - CLARKSONS / HELLENIC SHIPPING
A slightly dubious "best man" joke runs as follows… Best man (giving his wedding speech): "Have you noticed how history repeat ...
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- Meralco Power Generation, Philippines
- McConnell Dowell - Australia
- Semirara Mining and Power Corporation, Philippines
- Renaissance Capital - South Africa
- Gujarat Sidhee Cement - India
- Independent Power Producers Association of India
- Kartika Selabumi Mining - Indonesia
- Interocean Group of Companies - India
- Power Finance Corporation Ltd., India
- Cement Manufacturers Association - India
- Energy Link Ltd, New Zealand
- Petrochimia International Co. Ltd.- Taiwan
- Maheswari Brothers Coal Limited - India
- Krishnapatnam Port Company Ltd. - India
- Globalindo Alam Lestari - Indonesia
- Deloitte Consulting - India
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- Pipit Mutiara Jaya. PT, Indonesia
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- GAC Shipping (India) Pvt Ltd
- Cigading International Bulk Terminal - Indonesia
- Carbofer General Trading SA - India
- Simpson Spence & Young - Indonesia
- Posco Energy - South Korea
- Commonwealth Bank - Australia
- Economic Council, Georgia
- Marubeni Corporation - India
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- Goldman Sachs - Singapore
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- TeaM Sual Corporation - Philippines
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- Vedanta Resources Plc - India
- ICICI Bank Limited - India
- Makarim & Taira - Indonesia
- Videocon Industries ltd - India
- Central Java Power - Indonesia
- Aditya Birla Group - India
- Star Paper Mills Limited - India
- SMG Consultants - Indonesia
- The State Trading Corporation of India Ltd
- Holcim Trading Pte Ltd - Singapore
- Electricity Authority, New Zealand
- Ministry of Finance - Indonesia
- Heidelberg Cement - Germany
- Savvy Resources Ltd - HongKong
- Miang Besar Coal Terminal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Coal and Oil Company - UAE
- GMR Energy Limited - India
- OPG Power Generation Pvt Ltd - India
- Indonesian Coal Mining Association
- IEA Clean Coal Centre - UK
- Wilmar Investment Holdings
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bayan Resources Tbk. - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Edison Trading Spa - Italy
- Jaiprakash Power Ventures ltd
- Timah Investasi Mineral - Indoneisa
- Jindal Steel & Power Ltd - India
- Merrill Lynch Commodities Europe
- Essar Steel Hazira Ltd - India
- Rio Tinto Coal - Australia
- Indogreen Group - Indonesia
- Parliament of New Zealand
- Sree Jayajothi Cements Limited - India
- White Energy Company Limited
- Attock Cement Pakistan Limited
- Bank of Tokyo Mitsubishi UFJ Ltd
- Central Electricity Authority - India
- Kapuas Tunggal Persada - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Indian Oil Corporation Limited
- Karaikal Port Pvt Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Trasteel International SA, Italy
- Sindya Power Generating Company Private Ltd
- Coalindo Energy - Indonesia
- Global Business Power Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Romanian Commodities Exchange
- Jorong Barutama Greston.PT - Indonesia
- Grasim Industreis Ltd - India
- Binh Thuan Hamico - Vietnam
- Price Waterhouse Coopers - Russia
- Indian Energy Exchange, India
- Gujarat Mineral Development Corp Ltd - India
- Kideco Jaya Agung - Indonesia
- Baramulti Group, Indonesia
- Ind-Barath Power Infra Limited - India
- Riau Bara Harum - Indonesia
- Orica Mining Services - Indonesia
- Kaltim Prima Coal - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bukit Asam (Persero) Tbk - Indonesia
- European Bulk Services B.V. - Netherlands
- MS Steel International - UAE
- Antam Resourcindo - Indonesia
- Banpu Public Company Limited - Thailand
- Siam City Cement - Thailand
- Iligan Light & Power Inc, Philippines
- Intertek Mineral Services - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Minerals Council of Australia
- AsiaOL BioFuels Corp., Philippines
- VISA Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Larsen & Toubro Limited - India
- Sical Logistics Limited - India
- Metalloyd Limited - United Kingdom
- Bulk Trading Sa - Switzerland
- Siam City Cement PLC, Thailand
- Latin American Coal - Colombia
- Orica Australia Pty. Ltd.
- Directorate Of Revenue Intelligence - India
- Alfred C Toepfer International GmbH - Germany
- Straits Asia Resources Limited - Singapore
- CNBM International Corporation - China
- Global Green Power PLC Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Mjunction Services Limited - India
- Salva Resources Pvt Ltd - India
- Thiess Contractors Indonesia
- Bangladesh Power Developement Board
- Maharashtra Electricity Regulatory Commission - India
- Wood Mackenzie - Singapore
- Uttam Galva Steels Limited - India
- LBH Netherlands Bv - Netherlands
- Eastern Coal Council - USA
- Oldendorff Carriers - Singapore
- Aboitiz Power Corporation - Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- SMC Global Power, Philippines
- Borneo Indobara - Indonesia
- Agrawal Coal Company - India
- GN Power Mariveles Coal Plant, Philippines
- Manunggal Multi Energi - Indonesia
- Indo Tambangraya Megah - Indonesia
- Therma Luzon, Inc, Philippines
- Ambuja Cements Ltd - India
- Petron Corporation, Philippines
- Indika Energy - Indonesia
- Ministry of Mines - Canada
- The University of Queensland
- San Jose City I Power Corp, Philippines
- New Zealand Coal & Carbon
- Asmin Koalindo Tuhup - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Lanco Infratech Ltd - India
- Kobexindo Tractors - Indoneisa
- PTC India Limited - India
- Bhoruka Overseas - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Australian Commodity Traders Exchange
- London Commodity Brokers - England
- Sojitz Corporation - Japan
- Rashtriya Ispat Nigam Limited - India
- Semirara Mining Corp, Philippines
- Toyota Tsusho Corporation, Japan
- TNB Fuel Sdn Bhd - Malaysia
- Thai Mozambique Logistica
- India Bulls Power Limited - India
- Dalmia Cement Bharat India
- Sinarmas Energy and Mining - Indonesia
- Kumho Petrochemical, South Korea
- Mercuria Energy - Indonesia
- Australian Coal Association
- International Coal Ventures Pvt Ltd - India
- Bhatia International Limited - India
- Port Waratah Coal Services - Australia
- ASAPP Information Group - India
- Electricity Generating Authority of Thailand
- Xindia Steels Limited - India
- Ministry of Transport, Egypt
- Tata Chemicals Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Eastern Energy - Thailand
- Kepco SPC Power Corporation, Philippines
- Georgia Ports Authority, United States
- Samtan Co., Ltd - South Korea
- Pendopo Energi Batubara - Indonesia
- Africa Commodities Group - South Africa
- Mercator Lines Limited - India
- IHS Mccloskey Coal Group - USA
- Singapore Mercantile Exchange
- Standard Chartered Bank - UAE
- SN Aboitiz Power Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Sakthi Sugars Limited - India
- South Luzon Thermal Energy Corporation
- Billiton Holdings Pty Ltd - Australia
- Energy Development Corp, Philippines
- Global Coal Blending Company Limited - Australia
- Bukit Makmur.PT - Indonesia
- GVK Power & Infra Limited - India
- Vizag Seaport Private Limited - India
- Planning Commission, India
- Malabar Cements Ltd - India
- Chamber of Mines of South Africa
- Barasentosa Lestari - Indonesia
- Formosa Plastics Group - Taiwan
- The Treasury - Australian Government
- Madhucon Powers Ltd - India
- Tamil Nadu electricity Board
- Vijayanagar Sugar Pvt Ltd - India
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