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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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Sunday, 18 August 13
SUB-BIT FOB INDONESIA COAL SWAP : ON POSITIVE DIRECTION ON DAY, WEEK AND MONTH
COALspot.com – Sub-Bit Indonesia coal swaps (FOB ) for average Q4 2013 delivery US$ 1.83 up month on month. The swap was moved positive ...
Sunday, 18 August 13
INDO - INDIA FREIGHT EXPECTED TO BE FIRM NEXT WEEK - VISTAAR
COALspot.com - The freight market was up this week with the BDI gaining more than 10 pct due to strong Cape Sector.
The BDI was closed at 1,102 p ...
Friday, 16 August 13
US COAL PRODUCTION SLIGHTLY UP ON WEEK
COALspot.com – United states the world’s second largest coal producer produced totaled approximately 20.10 million short tons (mmst) of ...
Thursday, 15 August 13
CAPESIZE : TRENDS SOMETIMES SHIFT WITH NO PRIOR WARNING - FEARNRESEARCH
Handy
The influence of the summer holidays across Europe was felt in the Atlantic basin this week. Very little activity and a growing list of avail ...
Wednesday, 14 August 13
ANOTHER WEEK IN THE RED FOR DRY BULK CARRIERS - INTERMODAL
Chartering (Wet: Stable- / Dry: Stable- )
Another week in the red for Dry Bulk carriers with the market losing further steam as fewer an ...
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- Power Finance Corporation Ltd., India
- Kalimantan Lumbung Energi - Indonesia
- South Luzon Thermal Energy Corporation
- Merrill Lynch Commodities Europe
- Sojitz Corporation - Japan
- Planning Commission, India
- Salva Resources Pvt Ltd - India
- Xindia Steels Limited - India
- Energy Link Ltd, New Zealand
- Ceylon Electricity Board - Sri Lanka
- Gujarat Electricity Regulatory Commission - India
- Kideco Jaya Agung - Indonesia
- Attock Cement Pakistan Limited
- Gujarat Sidhee Cement - India
- Africa Commodities Group - South Africa
- Holcim Trading Pte Ltd - Singapore
- Sarangani Energy Corporation, Philippines
- Australian Commodity Traders Exchange
- New Zealand Coal & Carbon
- GN Power Mariveles Coal Plant, Philippines
- Central Electricity Authority - India
- Ministry of Transport, Egypt
- SMC Global Power, Philippines
- Bhushan Steel Limited - India
- Global Green Power PLC Corporation, Philippines
- IEA Clean Coal Centre - UK
- Semirara Mining Corp, Philippines
- Bhoruka Overseas - Indonesia
- Indonesian Coal Mining Association
- CNBM International Corporation - China
- Mercuria Energy - Indonesia
- Lanco Infratech Ltd - India
- The State Trading Corporation of India Ltd
- MS Steel International - UAE
- Directorate General of MIneral and Coal - Indonesia
- Deloitte Consulting - India
- Meralco Power Generation, Philippines
- Vizag Seaport Private Limited - India
- Samtan Co., Ltd - South Korea
- San Jose City I Power Corp, Philippines
- Kepco SPC Power Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Binh Thuan Hamico - Vietnam
- Kapuas Tunggal Persada - Indonesia
- Coal and Oil Company - UAE
- Uttam Galva Steels Limited - India
- Electricity Authority, New Zealand
- Sindya Power Generating Company Private Ltd
- Bahari Cakrawala Sebuku - Indonesia
- Petron Corporation, Philippines
- Vedanta Resources Plc - India
- Aditya Birla Group - India
- Essar Steel Hazira Ltd - India
- Cement Manufacturers Association - India
- Vijayanagar Sugar Pvt Ltd - India
- Mjunction Services Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Cigading International Bulk Terminal - Indonesia
- Thiess Contractors Indonesia
- Iligan Light & Power Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- IHS Mccloskey Coal Group - USA
- Mintek Dendrill Indonesia
- Ministry of Mines - Canada
- Eastern Energy - Thailand
- Kobexindo Tractors - Indoneisa
- Siam City Cement PLC, Thailand
- CIMB Investment Bank - Malaysia
- Riau Bara Harum - Indonesia
- Singapore Mercantile Exchange
- Bayan Resources Tbk. - Indonesia
- Minerals Council of Australia
- Savvy Resources Ltd - HongKong
- Therma Luzon, Inc, Philippines
- Chamber of Mines of South Africa
- SN Aboitiz Power Inc, Philippines
- Bulk Trading Sa - Switzerland
- Bukit Baiduri Energy - Indonesia
- Marubeni Corporation - India
- Anglo American - United Kingdom
- Maharashtra Electricity Regulatory Commission - India
- Thai Mozambique Logistica
- Wood Mackenzie - Singapore
- Georgia Ports Authority, United States
- London Commodity Brokers - England
- Tata Chemicals Ltd - India
- Jindal Steel & Power Ltd - India
- Borneo Indobara - Indonesia
- Indika Energy - Indonesia
- Intertek Mineral Services - Indonesia
- Jaiprakash Power Ventures ltd
- Jorong Barutama Greston.PT - Indonesia
- Siam City Cement - Thailand
- Trasteel International SA, Italy
- AsiaOL BioFuels Corp., Philippines
- Semirara Mining and Power Corporation, Philippines
- Indo Tambangraya Megah - Indonesia
- Makarim & Taira - Indonesia
- International Coal Ventures Pvt Ltd - India
- Bangladesh Power Developement Board
- Port Waratah Coal Services - Australia
- Metalloyd Limited - United Kingdom
- Leighton Contractors Pty Ltd - Australia
- Indogreen Group - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Larsen & Toubro Limited - India
- Bharathi Cement Corporation - India
- Romanian Commodities Exchange
- TeaM Sual Corporation - Philippines
- Wilmar Investment Holdings
- Gujarat Mineral Development Corp Ltd - India
- Karaikal Port Pvt Ltd - India
- Australian Coal Association
- PNOC Exploration Corporation - Philippines
- Indian Energy Exchange, India
- OPG Power Generation Pvt Ltd - India
- ICICI Bank Limited - India
- Bhatia International Limited - India
- Latin American Coal - Colombia
- European Bulk Services B.V. - Netherlands
- The University of Queensland
- Videocon Industries ltd - India
- Altura Mining Limited, Indonesia
- Mercator Lines Limited - India
- Kumho Petrochemical, South Korea
- Orica Australia Pty. Ltd.
- Bank of Tokyo Mitsubishi UFJ Ltd
- Standard Chartered Bank - UAE
- Sical Logistics Limited - India
- Sree Jayajothi Cements Limited - India
- GMR Energy Limited - India
- Parliament of New Zealand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Renaissance Capital - South Africa
- Pendopo Energi Batubara - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Edison Trading Spa - Italy
- Dalmia Cement Bharat India
- Agrawal Coal Company - India
- Directorate Of Revenue Intelligence - India
- Eastern Coal Council - USA
- Orica Mining Services - Indonesia
- ASAPP Information Group - India
- Toyota Tsusho Corporation, Japan
- Indian Oil Corporation Limited
- Oldendorff Carriers - Singapore
- Chettinad Cement Corporation Ltd - India
- Coalindo Energy - Indonesia
- PTC India Limited - India
- Manunggal Multi Energi - Indonesia
- Antam Resourcindo - Indonesia
- Baramulti Group, Indonesia
- Heidelberg Cement - Germany
- Malabar Cements Ltd - India
- Carbofer General Trading SA - India
- Economic Council, Georgia
- Miang Besar Coal Terminal - Indonesia
- Energy Development Corp, Philippines
- Ind-Barath Power Infra Limited - India
- Simpson Spence & Young - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Madhucon Powers Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Rio Tinto Coal - Australia
- Kartika Selabumi Mining - Indonesia
- Alfred C Toepfer International GmbH - Germany
- White Energy Company Limited
- India Bulls Power Limited - India
- GAC Shipping (India) Pvt Ltd
- Grasim Industreis Ltd - India
- Ministry of Finance - Indonesia
- Barasentosa Lestari - Indonesia
- Price Waterhouse Coopers - Russia
- Central Java Power - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Global Business Power Corporation, Philippines
- Electricity Generating Authority of Thailand
- Meenaskhi Energy Private Limited - India
- Straits Asia Resources Limited - Singapore
- Goldman Sachs - Singapore
- SMG Consultants - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- McConnell Dowell - Australia
- Kaltim Prima Coal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Maheswari Brothers Coal Limited - India
- Sinarmas Energy and Mining - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bukit Makmur.PT - Indonesia
- Medco Energi Mining Internasional
- Timah Investasi Mineral - Indoneisa
- Aboitiz Power Corporation - Philippines
- Coastal Gujarat Power Limited - India
- Banpu Public Company Limited - Thailand
- GVK Power & Infra Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Pipit Mutiara Jaya. PT, Indonesia
- Star Paper Mills Limited - India
- Global Coal Blending Company Limited - Australia
- PowerSource Philippines DevCo
- Tamil Nadu electricity Board
- Posco Energy - South Korea
- The Treasury - Australian Government
- Independent Power Producers Association of India
- Neyveli Lignite Corporation Ltd, - India
- VISA Power Limited - India
- Ambuja Cements Ltd - India
- Formosa Plastics Group - Taiwan
- Globalindo Alam Lestari - Indonesia
- LBH Netherlands Bv - Netherlands
- Commonwealth Bank - Australia
- Interocean Group of Companies - India
- Parry Sugars Refinery, India
- Sakthi Sugars Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
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