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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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Monday, 15 April 13
SUB - BIT INDONESIA COAL SWAP SHOWS POSITIVE TREND
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average Q2’ 2013 delivery has gained 2.70 percent and CFR South China coal shipment&nbs ...
Saturday, 13 April 13
THE FREIGHT MARKETS EXPECTED TO HOLD FIRM NEXT WEEK - CAPT. REDDY
COALspot.com - This freight market firmed up this week and all sectors were up except for Supramax index.
The BDI was up by 1.62 pct closing at 8 ...
Friday, 12 April 13
DRY BULK SHIP OWNERS DEVELOPED NEWFOUND APPETITE FOR BULKERS DURING FIRST QUARTER OF 2013 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
It's official; more and more ship owners operating in the dry bulk market appear to have developed a newfound optimism in the market's prospects. ...
Thursday, 11 April 13
HANDY: INDO - INDIA NOW BEEN REPORTED AT APS BASIS AT USD 10K+BB 85K - FEARNLEYS
Handy
The Atlantic markets remain with not many cargoes seen this week. The USG-Feast was at USD 18k and Black Sea-Feast was at USD 12k. The Pacifi ...
Thursday, 11 April 13
AUSTRALIA'S NEWCASTLE PORT SHIPPED 15.96 PERCENT LESS COAL W-O-W
COALspot.com - Newcastle port in Australia has loaded 2,545,914 tons of thermal and coking coal for week ended 0700 hours 8 April 2013, Newcas ...
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- OPG Power Generation Pvt Ltd - India
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- Edison Trading Spa - Italy
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- Indogreen Group - Indonesia
- Bukit Makmur.PT - Indonesia
- GAC Shipping (India) Pvt Ltd
- Jorong Barutama Greston.PT - Indonesia
- Coastal Gujarat Power Limited - India
- Posco Energy - South Korea
- Ceylon Electricity Board - Sri Lanka
- Offshore Bulk Terminal Pte Ltd, Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Vizag Seaport Private Limited - India
- Bangladesh Power Developement Board
- Romanian Commodities Exchange
- Indo Tambangraya Megah - Indonesia
- Anglo American - United Kingdom
- White Energy Company Limited
- Miang Besar Coal Terminal - Indonesia
- Mintek Dendrill Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Chamber of Mines of South Africa
- Alfred C Toepfer International GmbH - Germany
- Globalindo Alam Lestari - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Cigading International Bulk Terminal - Indonesia
- Straits Asia Resources Limited - Singapore
- Renaissance Capital - South Africa
- Price Waterhouse Coopers - Russia
- Rashtriya Ispat Nigam Limited - India
- Parry Sugars Refinery, India
- Coal and Oil Company - UAE
- SN Aboitiz Power Inc, Philippines
- Planning Commission, India
- Eastern Coal Council - USA
- The University of Queensland
- Grasim Industreis Ltd - India
- Power Finance Corporation Ltd., India
- Standard Chartered Bank - UAE
- Kumho Petrochemical, South Korea
- LBH Netherlands Bv - Netherlands
- Central Java Power - Indonesia
- The Treasury - Australian Government
- Medco Energi Mining Internasional
- Baramulti Group, Indonesia
- Vedanta Resources Plc - India
- South Luzon Thermal Energy Corporation
- Petron Corporation, Philippines
- Ministry of Mines - Canada
- GMR Energy Limited - India
- Kohat Cement Company Ltd. - Pakistan
- IEA Clean Coal Centre - UK
- MS Steel International - UAE
- European Bulk Services B.V. - Netherlands
- Siam City Cement - Thailand
- Savvy Resources Ltd - HongKong
- Riau Bara Harum - Indonesia
- Tata Chemicals Ltd - India
- Orica Mining Services - Indonesia
- Ambuja Cements Ltd - India
- Therma Luzon, Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Eastern Energy - Thailand
- Makarim & Taira - Indonesia
- Bulk Trading Sa - Switzerland
- Binh Thuan Hamico - Vietnam
- Latin American Coal - Colombia
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- Kobexindo Tractors - Indoneisa
- Agrawal Coal Company - India
- Sindya Power Generating Company Private Ltd
- Pendopo Energi Batubara - Indonesia
- Port Waratah Coal Services - Australia
- Semirara Mining and Power Corporation, Philippines
- Singapore Mercantile Exchange
- Trasteel International SA, Italy
- Sree Jayajothi Cements Limited - India
- Formosa Plastics Group - Taiwan
- Aboitiz Power Corporation - Philippines
- Gujarat Sidhee Cement - India
- Indian Energy Exchange, India
- Gujarat Mineral Development Corp Ltd - India
- Bhushan Steel Limited - India
- Bhoruka Overseas - Indonesia
- Tamil Nadu electricity Board
- Minerals Council of Australia
- Energy Development Corp, Philippines
- Simpson Spence & Young - Indonesia
- CNBM International Corporation - China
- Krishnapatnam Port Company Ltd. - India
- Central Electricity Authority - India
- McConnell Dowell - Australia
- Sical Logistics Limited - India
- Parliament of New Zealand
- India Bulls Power Limited - India
- Independent Power Producers Association of India
- Samtan Co., Ltd - South Korea
- Mjunction Services Limited - India
- Leighton Contractors Pty Ltd - Australia
- Africa Commodities Group - South Africa
- TeaM Sual Corporation - Philippines
- Madhucon Powers Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Semirara Mining Corp, Philippines
- Barasentosa Lestari - Indonesia
- Merrill Lynch Commodities Europe
- Marubeni Corporation - India
- Mercator Lines Limited - India
- Essar Steel Hazira Ltd - India
- Directorate Of Revenue Intelligence - India
- Videocon Industries ltd - India
- IHS Mccloskey Coal Group - USA
- Meralco Power Generation, Philippines
- Altura Mining Limited, Indonesia
- Global Green Power PLC Corporation, Philippines
- Goldman Sachs - Singapore
- Bhatia International Limited - India
- Global Coal Blending Company Limited - Australia
- Orica Australia Pty. Ltd.
- Uttam Galva Steels Limited - India
- Larsen & Toubro Limited - India
- Carbofer General Trading SA - India
- Karaikal Port Pvt Ltd - India
- Ind-Barath Power Infra Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Maheswari Brothers Coal Limited - India
- Ministry of Transport, Egypt
- Wood Mackenzie - Singapore
- CIMB Investment Bank - Malaysia
- Australian Commodity Traders Exchange
- Maharashtra Electricity Regulatory Commission - India
- Salva Resources Pvt Ltd - India
- Thai Mozambique Logistica
- Ministry of Finance - Indonesia
- Siam City Cement PLC, Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Metalloyd Limited - United Kingdom
- Georgia Ports Authority, United States
- PowerSource Philippines DevCo
- London Commodity Brokers - England
- Cement Manufacturers Association - India
- Wilmar Investment Holdings
- Antam Resourcindo - Indonesia
- Bukit Baiduri Energy - Indonesia
- Aditya Birla Group - India
- Petrochimia International Co. Ltd.- Taiwan
- Toyota Tsusho Corporation, Japan
- Bukit Asam (Persero) Tbk - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Indika Energy - Indonesia
- Electricity Generating Authority of Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Sojitz Corporation - Japan
- Chettinad Cement Corporation Ltd - India
- Banpu Public Company Limited - Thailand
- Kalimantan Lumbung Energi - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indonesian Coal Mining Association
- Jaiprakash Power Ventures ltd
- Economic Council, Georgia
- ASAPP Information Group - India
- Kepco SPC Power Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- SMG Consultants - Indonesia
- Mercuria Energy - Indonesia
- Attock Cement Pakistan Limited
- Bharathi Cement Corporation - India
- Borneo Indobara - Indonesia
- Commonwealth Bank - Australia
- Malabar Cements Ltd - India
- PTC India Limited - India
- Oldendorff Carriers - Singapore
- Xindia Steels Limited - India
- SMC Global Power, Philippines
- Kartika Selabumi Mining - Indonesia
- Coalindo Energy - Indonesia
- Sarangani Energy Corporation, Philippines
- Global Business Power Corporation, Philippines
- Indian Oil Corporation Limited
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Heidelberg Cement - Germany
- Meenaskhi Energy Private Limited - India
- GVK Power & Infra Limited - India
- Sakthi Sugars Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Billiton Holdings Pty Ltd - Australia
- The State Trading Corporation of India Ltd
- Holcim Trading Pte Ltd - Singapore
- Neyveli Lignite Corporation Ltd, - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Australian Coal Association
- PNOC Exploration Corporation - Philippines
- Lanco Infratech Ltd - India
- Dalmia Cement Bharat India
- Intertek Mineral Services - Indonesia
- Deloitte Consulting - India
- Thiess Contractors Indonesia
- San Jose City I Power Corp, Philippines
- Jindal Steel & Power Ltd - India
- Electricity Authority, New Zealand
- Directorate General of MIneral and Coal - Indonesia
- Manunggal Multi Energi - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Timah Investasi Mineral - Indoneisa
- Interocean Group of Companies - India
- VISA Power Limited - India
- Kideco Jaya Agung - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Gujarat Electricity Regulatory Commission - India
- AsiaOL BioFuels Corp., Philippines
- Rio Tinto Coal - Australia
- Star Paper Mills Limited - India
- ICICI Bank Limited - India
- New Zealand Coal & Carbon
- Kaltim Prima Coal - Indonesia
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