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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, 15 January 12
THE FREIGHT MARKET CONTINUED TO BLEED - VISTAAR
COALspot.com - "The markets continued to bleed with BDI touching almost 1000 points , almost reaching the collapse of 2008 levels," said C ...
Saturday, 14 January 12
GOLDEN MINES TO SUPPLY 4 MIO TONS - INSIDER STORIES
Insider Stories reported that, Coal miner under Sinarmas Group PT Golden Energy Mines Tbk (GEMS), a subsidiary of PT Dian Swastatika Sentosa Tbk (DS ...
Friday, 13 January 12
DIFFICULT START OF 2012 FOR DRY BULK MARKET SEEN HARD TO CHANGE IN THE COURSE OF THE YEAR, UNLESS DEMOLITION PICKS UP
The dry bulk market has been on a freefall this week after a rocky start to the new year. Yesterday, the BDI (Baltic Dry Index) the industry's benc ...
Thursday, 12 January 12
DRY BULK MARKET CRASHING AT START OF THE YEAR - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has kept being on freefall mode yesterday, with the industry's benchmark, the BDI (Baltic Dry Index) losing a massive 5.17% on ...
Wednesday, 11 January 12
NEWBUILDING ORDERS DECLINE, AS SHIP OWNERS REALIZE OVERSUPPLY WILL "KILL" THEM - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With 2012 now underway, it will be rather interesting to see how ship owners will play the "newbuilding ordering" card to their favor, as ...
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- IHS Mccloskey Coal Group - USA
- CIMB Investment Bank - Malaysia
- Meenaskhi Energy Private Limited - India
- Thiess Contractors Indonesia
- PTC India Limited - India
- Sree Jayajothi Cements Limited - India
- Chettinad Cement Corporation Ltd - India
- San Jose City I Power Corp, Philippines
- Jindal Steel & Power Ltd - India
- Australian Coal Association
- Attock Cement Pakistan Limited
- Cement Manufacturers Association - India
- TNB Fuel Sdn Bhd - Malaysia
- Sakthi Sugars Limited - India
- Xindia Steels Limited - India
- London Commodity Brokers - England
- Krishnapatnam Port Company Ltd. - India
- Mercator Lines Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Kaltim Prima Coal - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Kideco Jaya Agung - Indonesia
- Bhoruka Overseas - Indonesia
- Meralco Power Generation, Philippines
- Samtan Co., Ltd - South Korea
- Bangladesh Power Developement Board
- Ceylon Electricity Board - Sri Lanka
- Standard Chartered Bank - UAE
- Lanco Infratech Ltd - India
- Indian Energy Exchange, India
- Sinarmas Energy and Mining - Indonesia
- Iligan Light & Power Inc, Philippines
- Vizag Seaport Private Limited - India
- Gujarat Electricity Regulatory Commission - India
- McConnell Dowell - Australia
- ICICI Bank Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Therma Luzon, Inc, Philippines
- Karaikal Port Pvt Ltd - India
- GVK Power & Infra Limited - India
- Formosa Plastics Group - Taiwan
- MS Steel International - UAE
- Sarangani Energy Corporation, Philippines
- Trasteel International SA, Italy
- Bhushan Steel Limited - India
- Price Waterhouse Coopers - Russia
- Independent Power Producers Association of India
- Merrill Lynch Commodities Europe
- Kumho Petrochemical, South Korea
- Uttam Galva Steels Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Grasim Industreis Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Global Business Power Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Ministry of Transport, Egypt
- Renaissance Capital - South Africa
- Electricity Generating Authority of Thailand
- Central Java Power - Indonesia
- Heidelberg Cement - Germany
- Electricity Authority, New Zealand
- Minerals Council of Australia
- Mercuria Energy - Indonesia
- Oldendorff Carriers - Singapore
- Baramulti Group, Indonesia
- Semirara Mining Corp, Philippines
- Anglo American - United Kingdom
- GAC Shipping (India) Pvt Ltd
- Interocean Group of Companies - India
- Energy Link Ltd, New Zealand
- Siam City Cement - Thailand
- Port Waratah Coal Services - Australia
- Georgia Ports Authority, United States
- Jorong Barutama Greston.PT - Indonesia
- Medco Energi Mining Internasional
- Global Green Power PLC Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Marubeni Corporation - India
- Power Finance Corporation Ltd., India
- TeaM Sual Corporation - Philippines
- Wood Mackenzie - Singapore
- Orica Mining Services - Indonesia
- Australian Commodity Traders Exchange
- The University of Queensland
- Mjunction Services Limited - India
- Energy Development Corp, Philippines
- Bhatia International Limited - India
- Neyveli Lignite Corporation Ltd, - India
- India Bulls Power Limited - India
- Star Paper Mills Limited - India
- The State Trading Corporation of India Ltd
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Dalmia Cement Bharat India
- Tamil Nadu electricity Board
- Tata Chemicals Ltd - India
- Economic Council, Georgia
- Gujarat Mineral Development Corp Ltd - India
- Makarim & Taira - Indonesia
- South Luzon Thermal Energy Corporation
- Jaiprakash Power Ventures ltd
- Salva Resources Pvt Ltd - India
- GMR Energy Limited - India
- Holcim Trading Pte Ltd - Singapore
- Kepco SPC Power Corporation, Philippines
- Borneo Indobara - Indonesia
- European Bulk Services B.V. - Netherlands
- Maharashtra Electricity Regulatory Commission - India
- PNOC Exploration Corporation - Philippines
- Bulk Trading Sa - Switzerland
- Toyota Tsusho Corporation, Japan
- Romanian Commodities Exchange
- VISA Power Limited - India
- Maheswari Brothers Coal Limited - India
- Indonesian Coal Mining Association
- Coalindo Energy - Indonesia
- Indogreen Group - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Goldman Sachs - Singapore
- IEA Clean Coal Centre - UK
- Antam Resourcindo - Indonesia
- Indika Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Eastern Energy - Thailand
- Posco Energy - South Korea
- Siam City Cement PLC, Thailand
- Cigading International Bulk Terminal - Indonesia
- Deloitte Consulting - India
- Semirara Mining and Power Corporation, Philippines
- Larsen & Toubro Limited - India
- Global Coal Blending Company Limited - Australia
- Rio Tinto Coal - Australia
- PowerSource Philippines DevCo
- Bharathi Cement Corporation - India
- Gujarat Sidhee Cement - India
- Commonwealth Bank - Australia
- Ministry of Finance - Indonesia
- Wilmar Investment Holdings
- Aditya Birla Group - India
- SN Aboitiz Power Inc, Philippines
- SMC Global Power, Philippines
- Kapuas Tunggal Persada - Indonesia
- Bukit Makmur.PT - Indonesia
- ASAPP Information Group - India
- Eastern Coal Council - USA
- Straits Asia Resources Limited - Singapore
- Indian Oil Corporation Limited
- Malabar Cements Ltd - India
- Globalindo Alam Lestari - Indonesia
- Parliament of New Zealand
- Sojitz Corporation - Japan
- Pipit Mutiara Jaya. PT, Indonesia
- Savvy Resources Ltd - HongKong
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Coal and Oil Company - UAE
- OPG Power Generation Pvt Ltd - India
- Kobexindo Tractors - Indoneisa
- LBH Netherlands Bv - Netherlands
- Parry Sugars Refinery, India
- Billiton Holdings Pty Ltd - Australia
- White Energy Company Limited
- Africa Commodities Group - South Africa
- Sical Logistics Limited - India
- Metalloyd Limited - United Kingdom
- Central Electricity Authority - India
- Planning Commission, India
- Edison Trading Spa - Italy
- Altura Mining Limited, Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Alfred C Toepfer International GmbH - Germany
- Madhucon Powers Ltd - India
- Timah Investasi Mineral - Indoneisa
- Orica Australia Pty. Ltd.
- New Zealand Coal & Carbon
- Carbofer General Trading SA - India
- Simpson Spence & Young - Indonesia
- SMG Consultants - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Essar Steel Hazira Ltd - India
- Agrawal Coal Company - India
- Videocon Industries ltd - India
- International Coal Ventures Pvt Ltd - India
- CNBM International Corporation - China
- Petron Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Binh Thuan Hamico - Vietnam
- Indo Tambangraya Megah - Indonesia
- Sindya Power Generating Company Private Ltd
- Coastal Gujarat Power Limited - India
- Banpu Public Company Limited - Thailand
- Pendopo Energi Batubara - Indonesia
- Manunggal Multi Energi - Indonesia
- Riau Bara Harum - Indonesia
- Kartika Selabumi Mining - Indonesia
- Ind-Barath Power Infra Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Directorate Of Revenue Intelligence - India
- Vedanta Resources Plc - India
- Bukit Baiduri Energy - Indonesia
- Thai Mozambique Logistica
- Ambuja Cements Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Latin American Coal - Colombia
- The Treasury - Australian Government
- Chamber of Mines of South Africa
- Ministry of Mines - Canada
- Offshore Bulk Terminal Pte Ltd, Singapore
- Barasentosa Lestari - Indonesia
- Mintek Dendrill Indonesia
- Intertek Mineral Services - Indonesia
- Singapore Mercantile Exchange
- Vijayanagar Sugar Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
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