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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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Friday, 13 September 13
DIRECTOR GENERAL OF MINERAL AND COAL OF INDONESIA REVISED UP COAL PRICE REFERENCE TO US$ 76.89
COALspot. com - The Indonesian government has revised up its owned coal bench mark price by US$ 0.19/ MT to US$ 76.89 for September 2013 deliveries ...
Thursday, 12 September 13
PANAMAX : PACIFIC ROUNDS ARE NOW REPORTED BETWEEN USD 13K AND 15K PER DAY - FEARNRESEARCH
Handy
Nickel ore is a key support SE Asia/Feast rate at the moment; vessel in N.China were fixed around USD 11-12k, ships in mid China can expect a ...
Thursday, 12 September 13
CAPESIZE MARKET WILL BECOME EVEN TIGHTER - JEFFREY LANDSBERG
COALspot.com : While it is no secret that current capesize availability has become tight and has caused capesize rates to surge, availability is set ...
Thursday, 12 September 13
OVER THE WORST? WE MIGHT FIND OUT THIS WEEK - BIMCO
The shipping market has a spring in its step, even as summer draws to a close. There is it seems, confidence that finally, we are emerging into the ...
Thursday, 12 September 13
DRY BULK MARKET RALLY COMES AT A GOOD TIME FOR MOST SHIP OWNERS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The latest surge of the dry bulk market has helped offset other lingering factors, which otherwise, could have plunged freight rates to new lows. Fo ...
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- Renaissance Capital - South Africa
- Wood Mackenzie - Singapore
- Kepco SPC Power Corporation, Philippines
- Marubeni Corporation - India
- Indian Energy Exchange, India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Eastern Coal Council - USA
- South Luzon Thermal Energy Corporation
- Gujarat Sidhee Cement - India
- Kaltim Prima Coal - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Samtan Co., Ltd - South Korea
- Mercuria Energy - Indonesia
- Simpson Spence & Young - Indonesia
- Salva Resources Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Aditya Birla Group - India
- Bayan Resources Tbk. - Indonesia
- Madhucon Powers Ltd - India
- Coastal Gujarat Power Limited - India
- Iligan Light & Power Inc, Philippines
- Planning Commission, India
- ICICI Bank Limited - India
- Trasteel International SA, Italy
- Borneo Indobara - Indonesia
- LBH Netherlands Bv - Netherlands
- Essar Steel Hazira Ltd - India
- VISA Power Limited - India
- CNBM International Corporation - China
- White Energy Company Limited
- Sojitz Corporation - Japan
- Ceylon Electricity Board - Sri Lanka
- Asia Pacific Energy Resources Ventures Inc, Philippines
- SN Aboitiz Power Inc, Philippines
- Larsen & Toubro Limited - India
- Formosa Plastics Group - Taiwan
- PowerSource Philippines DevCo
- The Treasury - Australian Government
- Leighton Contractors Pty Ltd - Australia
- Heidelberg Cement - Germany
- Bahari Cakrawala Sebuku - Indonesia
- Central Electricity Authority - India
- Meenaskhi Energy Private Limited - India
- India Bulls Power Limited - India
- Kartika Selabumi Mining - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Power Finance Corporation Ltd., India
- Lanco Infratech Ltd - India
- Sakthi Sugars Limited - India
- Edison Trading Spa - Italy
- McConnell Dowell - Australia
- Xindia Steels Limited - India
- MS Steel International - UAE
- Asmin Koalindo Tuhup - Indonesia
- Ministry of Mines - Canada
- Siam City Cement - Thailand
- Pendopo Energi Batubara - Indonesia
- Indika Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- Energy Link Ltd, New Zealand
- Carbofer General Trading SA - India
- Bukit Makmur.PT - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Australian Coal Association
- Deloitte Consulting - India
- Tata Chemicals Ltd - India
- Antam Resourcindo - Indonesia
- Electricity Authority, New Zealand
- Straits Asia Resources Limited - Singapore
- Bharathi Cement Corporation - India
- Petrochimia International Co. Ltd.- Taiwan
- Meralco Power Generation, Philippines
- Indonesian Coal Mining Association
- Bhushan Steel Limited - India
- Coalindo Energy - Indonesia
- Global Green Power PLC Corporation, Philippines
- Malabar Cements Ltd - India
- Semirara Mining Corp, Philippines
- Sinarmas Energy and Mining - Indonesia
- Indogreen Group - Indonesia
- Riau Bara Harum - Indonesia
- ASAPP Information Group - India
- Orica Australia Pty. Ltd.
- Central Java Power - Indonesia
- International Coal Ventures Pvt Ltd - India
- Global Coal Blending Company Limited - Australia
- London Commodity Brokers - England
- Bukit Baiduri Energy - Indonesia
- Thiess Contractors Indonesia
- Chamber of Mines of South Africa
- Cigading International Bulk Terminal - Indonesia
- Economic Council, Georgia
- Karbindo Abesyapradhi - Indoneisa
- Kumho Petrochemical, South Korea
- Semirara Mining and Power Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Medco Energi Mining Internasional
- Price Waterhouse Coopers - Russia
- Kapuas Tunggal Persada - Indonesia
- Indo Tambangraya Megah - Indonesia
- Banpu Public Company Limited - Thailand
- Australian Commodity Traders Exchange
- The State Trading Corporation of India Ltd
- Therma Luzon, Inc, Philippines
- Georgia Ports Authority, United States
- Energy Development Corp, Philippines
- GVK Power & Infra Limited - India
- Tamil Nadu electricity Board
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Gujarat Electricity Regulatory Commission - India
- Parry Sugars Refinery, India
- Singapore Mercantile Exchange
- Independent Power Producers Association of India
- Bhatia International Limited - India
- Sical Logistics Limited - India
- Timah Investasi Mineral - Indoneisa
- Commonwealth Bank - Australia
- Posco Energy - South Korea
- Toyota Tsusho Corporation, Japan
- Krishnapatnam Port Company Ltd. - India
- Orica Mining Services - Indonesia
- Standard Chartered Bank - UAE
- Mintek Dendrill Indonesia
- Agrawal Coal Company - India
- Siam City Cement PLC, Thailand
- TeaM Sual Corporation - Philippines
- Kalimantan Lumbung Energi - Indonesia
- Anglo American - United Kingdom
- Baramulti Group, Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Star Paper Mills Limited - India
- Electricity Generating Authority of Thailand
- Thai Mozambique Logistica
- Kobexindo Tractors - Indoneisa
- Jaiprakash Power Ventures ltd
- Bangladesh Power Developement Board
- Kohat Cement Company Ltd. - Pakistan
- Dalmia Cement Bharat India
- SMG Consultants - Indonesia
- Eastern Energy - Thailand
- Makarim & Taira - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Merrill Lynch Commodities Europe
- Barasentosa Lestari - Indonesia
- CIMB Investment Bank - Malaysia
- Rio Tinto Coal - Australia
- Gujarat Mineral Development Corp Ltd - India
- Ambuja Cements Ltd - India
- New Zealand Coal & Carbon
- The University of Queensland
- OPG Power Generation Pvt Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Sarangani Energy Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- European Bulk Services B.V. - Netherlands
- Oldendorff Carriers - Singapore
- Vizag Seaport Private Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Savvy Resources Ltd - HongKong
- Chettinad Cement Corporation Ltd - India
- Port Waratah Coal Services - Australia
- GN Power Mariveles Coal Plant, Philippines
- Sree Jayajothi Cements Limited - India
- Mjunction Services Limited - India
- Wilmar Investment Holdings
- Vijayanagar Sugar Pvt Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Altura Mining Limited, Indonesia
- PNOC Exploration Corporation - Philippines
- Africa Commodities Group - South Africa
- Parliament of New Zealand
- Uttam Galva Steels Limited - India
- Binh Thuan Hamico - Vietnam
- Goldman Sachs - Singapore
- Bhoruka Overseas - Indonesia
- Intertek Mineral Services - Indonesia
- Kideco Jaya Agung - Indonesia
- Grasim Industreis Ltd - India
- Romanian Commodities Exchange
- Minerals Council of Australia
- PTC India Limited - India
- Ministry of Finance - Indonesia
- Indian Oil Corporation Limited
- San Jose City I Power Corp, Philippines
- Ministry of Transport, Egypt
- Global Business Power Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Vedanta Resources Plc - India
- Mercator Lines Limited - India
- IEA Clean Coal Centre - UK
- Coal and Oil Company - UAE
- Bulk Trading Sa - Switzerland
- Latin American Coal - Colombia
- Neyveli Lignite Corporation Ltd, - India
- Globalindo Alam Lestari - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Karaikal Port Pvt Ltd - India
- Videocon Industries ltd - India
- Petron Corporation, Philippines
- Interocean Group of Companies - India
- SMC Global Power, Philippines
- PetroVietnam Power Coal Import and Supply Company
- Jorong Barutama Greston.PT - Indonesia
- Aboitiz Power Corporation - Philippines
- IHS Mccloskey Coal Group - USA
- Directorate General of MIneral and Coal - Indonesia
- Directorate Of Revenue Intelligence - India
- Cement Manufacturers Association - India
- Jindal Steel & Power Ltd - India
- Maheswari Brothers Coal Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Sindya Power Generating Company Private Ltd
- GAC Shipping (India) Pvt Ltd
- Attock Cement Pakistan Limited
- GMR Energy Limited - India
- Holcim Trading Pte Ltd - Singapore
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