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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, 28 June 13
U.S. PRODUCED 1.52 PERCENT LESS COAL WEEK ON WEEK
COALspot.com – United states the world’s second largest coal producer produced totaled approximately 19.40 million short tons (mmst) of ...
Thursday, 27 June 13
US COAL EXPORTS BEATS CHINESE COAL IMPORTS AS THE MOST INFLUENTIAL COAL TRADE - BIMCO
The influence of American coal exports on seaborne transportation has grown significantly over the past decade. In 2002, the US exported 20.1 millio ...
Thursday, 27 June 13
HANDY : USD 12000 FOR SPOT COAL INDO/CHINA AND AROUND USD 13000 INDO/ECI - FEARNLEYS
Handy
Atlantic rates hold well. Continent to Far East is worth more than USD 14k daily whilst USG to Far East pay 23/24k a day. On the route from B ...
Thursday, 27 June 13
DRY BULK CARRIERS DOMINATE NEWBUILDING ORDERS AS SHIP OWNERS ARE ENCOURAGED BY LATEST FREIGHT RATE RALLY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Newbuilding orders for dry bulk carriers were already high, compared to last year, prior to the latest rally of the Baltic Dry Index (BDI), which ha ...
Tuesday, 25 June 13
CAPESIZE MARKET TO REMAIN BULLISH SAYS ANALYST - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market has been experiencing its long-awaited rally, with the Baltic Dry Index, the industry's benchmark rising to healthier levels fo ...
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- London Commodity Brokers - England
- Mjunction Services Limited - India
- Jaiprakash Power Ventures ltd
- International Coal Ventures Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Makarim & Taira - Indonesia
- Directorate Of Revenue Intelligence - India
- Energy Development Corp, Philippines
- Coalindo Energy - Indonesia
- GVK Power & Infra Limited - India
- SMG Consultants - Indonesia
- Gujarat Sidhee Cement - India
- Africa Commodities Group - South Africa
- Borneo Indobara - Indonesia
- New Zealand Coal & Carbon
- Gujarat Mineral Development Corp Ltd - India
- Cement Manufacturers Association - India
- Electricity Generating Authority of Thailand
- Minerals Council of Australia
- Bukit Baiduri Energy - Indonesia
- Indian Energy Exchange, India
- The University of Queensland
- Chettinad Cement Corporation Ltd - India
- Mintek Dendrill Indonesia
- Holcim Trading Pte Ltd - Singapore
- The Treasury - Australian Government
- Xindia Steels Limited - India
- Global Green Power PLC Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Ministry of Mines - Canada
- Directorate General of MIneral and Coal - Indonesia
- Central Electricity Authority - India
- Bhushan Steel Limited - India
- Timah Investasi Mineral - Indoneisa
- PowerSource Philippines DevCo
- Merrill Lynch Commodities Europe
- Bangladesh Power Developement Board
- Economic Council, Georgia
- Ind-Barath Power Infra Limited - India
- White Energy Company Limited
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Coal and Oil Company - UAE
- MS Steel International - UAE
- Indian Oil Corporation Limited
- TNB Fuel Sdn Bhd - Malaysia
- Price Waterhouse Coopers - Russia
- Electricity Authority, New Zealand
- Uttam Galva Steels Limited - India
- Petron Corporation, Philippines
- Bharathi Cement Corporation - India
- Madhucon Powers Ltd - India
- Ambuja Cements Ltd - India
- Carbofer General Trading SA - India
- IEA Clean Coal Centre - UK
- Interocean Group of Companies - India
- Deloitte Consulting - India
- Kobexindo Tractors - Indoneisa
- Sindya Power Generating Company Private Ltd
- VISA Power Limited - India
- Metalloyd Limited - United Kingdom
- Indika Energy - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kaltim Prima Coal - Indonesia
- San Jose City I Power Corp, Philippines
- Siam City Cement PLC, Thailand
- Formosa Plastics Group - Taiwan
- Eastern Energy - Thailand
- Pipit Mutiara Jaya. PT, Indonesia
- Karaikal Port Pvt Ltd - India
- Siam City Cement - Thailand
- Central Java Power - Indonesia
- Kumho Petrochemical, South Korea
- Offshore Bulk Terminal Pte Ltd, Singapore
- TeaM Sual Corporation - Philippines
- Singapore Mercantile Exchange
- Sical Logistics Limited - India
- Posco Energy - South Korea
- Lanco Infratech Ltd - India
- Altura Mining Limited, Indonesia
- Globalindo Alam Lestari - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Commonwealth Bank - Australia
- Malabar Cements Ltd - India
- CIMB Investment Bank - Malaysia
- Kohat Cement Company Ltd. - Pakistan
- Anglo American - United Kingdom
- McConnell Dowell - Australia
- India Bulls Power Limited - India
- Mercator Lines Limited - India
- Global Business Power Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Australian Coal Association
- Romanian Commodities Exchange
- Aditya Birla Group - India
- Salva Resources Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Wilmar Investment Holdings
- Krishnapatnam Port Company Ltd. - India
- SN Aboitiz Power Inc, Philippines
- South Luzon Thermal Energy Corporation
- Mercuria Energy - Indonesia
- GAC Shipping (India) Pvt Ltd
- PTC India Limited - India
- Bulk Trading Sa - Switzerland
- ICICI Bank Limited - India
- Banpu Public Company Limited - Thailand
- The State Trading Corporation of India Ltd
- Meralco Power Generation, Philippines
- Power Finance Corporation Ltd., India
- Thiess Contractors Indonesia
- Ministry of Transport, Egypt
- Global Coal Blending Company Limited - Australia
- Sakthi Sugars Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Ceylon Electricity Board - Sri Lanka
- Manunggal Multi Energi - Indonesia
- Meenaskhi Energy Private Limited - India
- AsiaOL BioFuels Corp., Philippines
- Rashtriya Ispat Nigam Limited - India
- Wood Mackenzie - Singapore
- Leighton Contractors Pty Ltd - Australia
- SMC Global Power, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Jorong Barutama Greston.PT - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Orica Mining Services - Indonesia
- Semirara Mining Corp, Philippines
- Edison Trading Spa - Italy
- Latin American Coal - Colombia
- Standard Chartered Bank - UAE
- Indogreen Group - Indonesia
- Barasentosa Lestari - Indonesia
- Riau Bara Harum - Indonesia
- Jindal Steel & Power Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Sree Jayajothi Cements Limited - India
- Attock Cement Pakistan Limited
- Samtan Co., Ltd - South Korea
- Bayan Resources Tbk. - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Eastern Coal Council - USA
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- Independent Power Producers Association of India
- Rio Tinto Coal - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- CNBM International Corporation - China
- Parliament of New Zealand
- Kepco SPC Power Corporation, Philippines
- Oldendorff Carriers - Singapore
- Vedanta Resources Plc - India
- Trasteel International SA, Italy
- Savvy Resources Ltd - HongKong
- Aboitiz Power Corporation - Philippines
- Karbindo Abesyapradhi - Indoneisa
- Parry Sugars Refinery, India
- Georgia Ports Authority, United States
- Sojitz Corporation - Japan
- Cigading International Bulk Terminal - Indonesia
- Orica Australia Pty. Ltd.
- PNOC Exploration Corporation - Philippines
- Iligan Light & Power Inc, Philippines
- ASAPP Information Group - India
- GMR Energy Limited - India
- European Bulk Services B.V. - Netherlands
- Bhoruka Overseas - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Grasim Industreis Ltd - India
- Dalmia Cement Bharat India
- Sinarmas Energy and Mining - Indonesia
- OPG Power Generation Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Heidelberg Cement - Germany
- Therma Luzon, Inc, Philippines
- Binh Thuan Hamico - Vietnam
- Marubeni Corporation - India
- Neyveli Lignite Corporation Ltd, - India
- Larsen & Toubro Limited - India
- Simpson Spence & Young - Indonesia
- Ministry of Finance - Indonesia
- Antam Resourcindo - Indonesia
- Essar Steel Hazira Ltd - India
- Tamil Nadu electricity Board
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Energy Link Ltd, New Zealand
- Vijayanagar Sugar Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- IHS Mccloskey Coal Group - USA
- Renaissance Capital - South Africa
- Intertek Mineral Services - Indonesia
- Straits Asia Resources Limited - Singapore
- Pendopo Energi Batubara - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Thai Mozambique Logistica
- Chamber of Mines of South Africa
- Baramulti Group, Indonesia
- Agrawal Coal Company - India
- Bukit Makmur.PT - Indonesia
- Videocon Industries ltd - India
- Port Waratah Coal Services - Australia
- Bhatia International Limited - India
- Medco Energi Mining Internasional
- Maheswari Brothers Coal Limited - India
- Vizag Seaport Private Limited - India
- Australian Commodity Traders Exchange
- Tata Chemicals Ltd - India
- Goldman Sachs - Singapore
- Star Paper Mills Limited - India
- Sarangani Energy Corporation, Philippines
- Indonesian Coal Mining Association
- Planning Commission, India
- Coastal Gujarat Power Limited - India
- Kideco Jaya Agung - Indonesia
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