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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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- Meenaskhi Energy Private Limited - India
- Indian Energy Exchange, India
- Maheswari Brothers Coal Limited - India
- Mintek Dendrill Indonesia
- Chamber of Mines of South Africa
- Commonwealth Bank - Australia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- The Treasury - Australian Government
- TNB Fuel Sdn Bhd - Malaysia
- Jaiprakash Power Ventures ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- Maharashtra Electricity Regulatory Commission - India
- GAC Shipping (India) Pvt Ltd
- Kartika Selabumi Mining - Indonesia
- Kobexindo Tractors - Indoneisa
- Jindal Steel & Power Ltd - India
- CIMB Investment Bank - Malaysia
- Deloitte Consulting - India
- Electricity Authority, New Zealand
- Coalindo Energy - Indonesia
- Cement Manufacturers Association - India
- Heidelberg Cement - Germany
- Medco Energi Mining Internasional
- Bahari Cakrawala Sebuku - Indonesia
- Goldman Sachs - Singapore
- Kaltim Prima Coal - Indonesia
- PTC India Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Mercator Lines Limited - India
- Meralco Power Generation, Philippines
- Malabar Cements Ltd - India
- Kepco SPC Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Singapore Mercantile Exchange
- Offshore Bulk Terminal Pte Ltd, Singapore
- Manunggal Multi Energi - Indonesia
- GMR Energy Limited - India
- Central Electricity Authority - India
- Indogreen Group - Indonesia
- Agrawal Coal Company - India
- Bulk Trading Sa - Switzerland
- Romanian Commodities Exchange
- Parliament of New Zealand
- Vedanta Resources Plc - India
- Merrill Lynch Commodities Europe
- Siam City Cement PLC, Thailand
- TeaM Sual Corporation - Philippines
- Bukit Makmur.PT - Indonesia
- Indonesian Coal Mining Association
- Indian Oil Corporation Limited
- Ministry of Transport, Egypt
- Billiton Holdings Pty Ltd - Australia
- Bhatia International Limited - India
- Therma Luzon, Inc, Philippines
- Oldendorff Carriers - Singapore
- Posco Energy - South Korea
- Interocean Group of Companies - India
- MS Steel International - UAE
- SMG Consultants - Indonesia
- Sojitz Corporation - Japan
- Bukit Asam (Persero) Tbk - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Coal and Oil Company - UAE
- Port Waratah Coal Services - Australia
- Formosa Plastics Group - Taiwan
- Krishnapatnam Port Company Ltd. - India
- Xindia Steels Limited - India
- Aditya Birla Group - India
- Leighton Contractors Pty Ltd - Australia
- South Luzon Thermal Energy Corporation
- Rashtriya Ispat Nigam Limited - India
- The State Trading Corporation of India Ltd
- Borneo Indobara - Indonesia
- IEA Clean Coal Centre - UK
- Mercuria Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Energy Development Corp, Philippines
- Barasentosa Lestari - Indonesia
- Karaikal Port Pvt Ltd - India
- Indo Tambangraya Megah - Indonesia
- Eastern Coal Council - USA
- Straits Asia Resources Limited - Singapore
- Semirara Mining Corp, Philippines
- European Bulk Services B.V. - Netherlands
- Sree Jayajothi Cements Limited - India
- Minerals Council of Australia
- Asmin Koalindo Tuhup - Indonesia
- Wilmar Investment Holdings
- Sical Logistics Limited - India
- Kideco Jaya Agung - Indonesia
- Price Waterhouse Coopers - Russia
- Bukit Baiduri Energy - Indonesia
- Attock Cement Pakistan Limited
- SMC Global Power, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Africa Commodities Group - South Africa
- Central Java Power - Indonesia
- Global Coal Blending Company Limited - Australia
- Vizag Seaport Private Limited - India
- Uttam Galva Steels Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Ministry of Finance - Indonesia
- Georgia Ports Authority, United States
- VISA Power Limited - India
- ICICI Bank Limited - India
- Kumho Petrochemical, South Korea
- Antam Resourcindo - Indonesia
- Tamil Nadu electricity Board
- Bhoruka Overseas - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Alfred C Toepfer International GmbH - Germany
- Globalindo Alam Lestari - Indonesia
- Larsen & Toubro Limited - India
- Latin American Coal - Colombia
- Gujarat Mineral Development Corp Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Bangladesh Power Developement Board
- Standard Chartered Bank - UAE
- Trasteel International SA, Italy
- Pendopo Energi Batubara - Indonesia
- SN Aboitiz Power Inc, Philippines
- Global Business Power Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- Sarangani Energy Corporation, Philippines
- Dalmia Cement Bharat India
- Petron Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Grasim Industreis Ltd - India
- Renaissance Capital - South Africa
- Sindya Power Generating Company Private Ltd
- Orica Mining Services - Indonesia
- Edison Trading Spa - Italy
- Cigading International Bulk Terminal - Indonesia
- CNBM International Corporation - China
- Videocon Industries ltd - India
- GVK Power & Infra Limited - India
- Bhushan Steel Limited - India
- Gujarat Electricity Regulatory Commission - India
- McConnell Dowell - Australia
- Marubeni Corporation - India
- Ambuja Cements Ltd - India
- Iligan Light & Power Inc, Philippines
- Anglo American - United Kingdom
- Chettinad Cement Corporation Ltd - India
- Power Finance Corporation Ltd., India
- Ind-Barath Power Infra Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Binh Thuan Hamico - Vietnam
- Planning Commission, India
- Carbofer General Trading SA - India
- Directorate Of Revenue Intelligence - India
- Economic Council, Georgia
- Sakthi Sugars Limited - India
- Simpson Spence & Young - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Electricity Generating Authority of Thailand
- Sinarmas Energy and Mining - Indonesia
- Riau Bara Harum - Indonesia
- Siam City Cement - Thailand
- OPG Power Generation Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Independent Power Producers Association of India
- Rio Tinto Coal - Australia
- Energy Link Ltd, New Zealand
- Pipit Mutiara Jaya. PT, Indonesia
- Wood Mackenzie - Singapore
- Indika Energy - Indonesia
- Parry Sugars Refinery, India
- Timah Investasi Mineral - Indoneisa
- Global Green Power PLC Corporation, Philippines
- Gujarat Sidhee Cement - India
- Star Paper Mills Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Metalloyd Limited - United Kingdom
- San Jose City I Power Corp, Philippines
- London Commodity Brokers - England
- Ceylon Electricity Board - Sri Lanka
- Mjunction Services Limited - India
- Altura Mining Limited, Indonesia
- Toyota Tsusho Corporation, Japan
- Holcim Trading Pte Ltd - Singapore
- Bayan Resources Tbk. - Indonesia
- India Bulls Power Limited - India
- AsiaOL BioFuels Corp., Philippines
- The University of Queensland
- Savvy Resources Ltd - HongKong
- Makarim & Taira - Indonesia
- Australian Commodity Traders Exchange
- Madhucon Powers Ltd - India
- New Zealand Coal & Carbon
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Intertek Mineral Services - Indonesia
- Samtan Co., Ltd - South Korea
- Salva Resources Pvt Ltd - India
- International Coal Ventures Pvt Ltd - India
- Tata Chemicals Ltd - India
- Bharathi Cement Corporation - India
- Coastal Gujarat Power Limited - India
- ASAPP Information Group - India
- Ministry of Mines - Canada
- Eastern Energy - Thailand
- PowerSource Philippines DevCo
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Orica Australia Pty. Ltd.
- Banpu Public Company Limited - Thailand
- Thiess Contractors Indonesia
- Miang Besar Coal Terminal - Indonesia
- Australian Coal Association
- Essar Steel Hazira Ltd - India
- Lanco Infratech Ltd - India
- Thai Mozambique Logistica
- Semirara Mining and Power Corporation, Philippines
- Baramulti Group, Indonesia
- PNOC Exploration Corporation - Philippines
- White Energy Company Limited
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