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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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Tuesday, 26 March 13
NEWCASTLE PORT SHIPPED 2.39 MMT OF COAL W/E 25 MARCH 2013
COALspot.com - Newcastle port in Australia has loaded 2.396 million tons of thermal and coking coal for week ended 0700 hours 25 March 2013, N ...
Monday, 25 March 13
BUNKER FUELS ARE ABOUT TO GET CLEANER, BUT AT WHAT COST? - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The cost of bunkers is nowadays the driving force behind most ship owners' major decisions, with regulations bound to change in many parts of the w ...
Sunday, 24 March 13
THE SUB-BIT INDONESIA'S COAL SWAPS FOR Q2 DELIVERY PRICE LOST 7.47 PERCENT PMT M-O-M
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average Q2’ 2013 delivery has lost 3.39 percent and CFR South China coal shipment 2.65 ...
Sunday, 24 March 13
FREIGHT MARKETS CONTINUED TO FIRM - VISTAAR
COALspot.com - This freight market continued to remain firm in all segments except for cape index which softened slightly.
The BDI was up by 4.60 ...
Sunday, 24 March 13
DRY BULK MARKET PROSPECTS OFFER ROOM FOR RESTRAINED OPTIMISM SAYS SHIP OWNER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
In its announcement regarding its annual performance, ship owner Frontline offered some useful insight on the future prospects of both the dry bulk ...
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- Maharashtra Electricity Regulatory Commission - India
- Bhoruka Overseas - Indonesia
- Oldendorff Carriers - Singapore
- Power Finance Corporation Ltd., India
- Price Waterhouse Coopers - Russia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Malabar Cements Ltd - India
- San Jose City I Power Corp, Philippines
- SN Aboitiz Power Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
- Miang Besar Coal Terminal - Indonesia
- Sical Logistics Limited - India
- Carbofer General Trading SA - India
- Bulk Trading Sa - Switzerland
- White Energy Company Limited
- Indian Energy Exchange, India
- Mercator Lines Limited - India
- VISA Power Limited - India
- Orica Mining Services - Indonesia
- Ambuja Cements Ltd - India
- London Commodity Brokers - England
- Trasteel International SA, Italy
- AsiaOL BioFuels Corp., Philippines
- Barasentosa Lestari - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Formosa Plastics Group - Taiwan
- Timah Investasi Mineral - Indoneisa
- Aboitiz Power Corporation - Philippines
- Agrawal Coal Company - India
- Sarangani Energy Corporation, Philippines
- Videocon Industries ltd - India
- Grasim Industreis Ltd - India
- Merrill Lynch Commodities Europe
- Cigading International Bulk Terminal - Indonesia
- Samtan Co., Ltd - South Korea
- Kumho Petrochemical, South Korea
- Gujarat Electricity Regulatory Commission - India
- Electricity Authority, New Zealand
- Vijayanagar Sugar Pvt Ltd - India
- Savvy Resources Ltd - HongKong
- Bhatia International Limited - India
- Ministry of Transport, Egypt
- Directorate Of Revenue Intelligence - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Krishnapatnam Port Company Ltd. - India
- PTC India Limited - India
- Tata Chemicals Ltd - India
- Sree Jayajothi Cements Limited - India
- SMC Global Power, Philippines
- Essar Steel Hazira Ltd - India
- Mjunction Services Limited - India
- Lanco Infratech Ltd - India
- Chamber of Mines of South Africa
- Bangladesh Power Developement Board
- GMR Energy Limited - India
- Tamil Nadu electricity Board
- Renaissance Capital - South Africa
- Kobexindo Tractors - Indoneisa
- Africa Commodities Group - South Africa
- Global Business Power Corporation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Global Green Power PLC Corporation, Philippines
- Ministry of Finance - Indonesia
- Riau Bara Harum - Indonesia
- Singapore Mercantile Exchange
- Mercuria Energy - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Meralco Power Generation, Philippines
- Sindya Power Generating Company Private Ltd
- Simpson Spence & Young - Indonesia
- The State Trading Corporation of India Ltd
- Chettinad Cement Corporation Ltd - India
- International Coal Ventures Pvt Ltd - India
- Siam City Cement - Thailand
- Port Waratah Coal Services - Australia
- Coal and Oil Company - UAE
- Karbindo Abesyapradhi - Indoneisa
- Aditya Birla Group - India
- Medco Energi Mining Internasional
- Kapuas Tunggal Persada - Indonesia
- Wood Mackenzie - Singapore
- Cement Manufacturers Association - India
- Maheswari Brothers Coal Limited - India
- Kaltim Prima Coal - Indonesia
- Coastal Gujarat Power Limited - India
- TeaM Sual Corporation - Philippines
- PowerSource Philippines DevCo
- LBH Netherlands Bv - Netherlands
- SMG Consultants - Indonesia
- Energy Link Ltd, New Zealand
- ASAPP Information Group - India
- The University of Queensland
- GAC Shipping (India) Pvt Ltd
- Gujarat Mineral Development Corp Ltd - India
- Mintek Dendrill Indonesia
- Indogreen Group - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Thiess Contractors Indonesia
- Antam Resourcindo - Indonesia
- Salva Resources Pvt Ltd - India
- Wilmar Investment Holdings
- Thai Mozambique Logistica
- Madhucon Powers Ltd - India
- Central Java Power - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Georgia Ports Authority, United States
- Binh Thuan Hamico - Vietnam
- ICICI Bank Limited - India
- Economic Council, Georgia
- MS Steel International - UAE
- Kideco Jaya Agung - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Manunggal Multi Energi - Indonesia
- Semirara Mining Corp, Philippines
- Bhushan Steel Limited - India
- Gujarat Sidhee Cement - India
- Indo Tambangraya Megah - Indonesia
- Electricity Generating Authority of Thailand
- Iligan Light & Power Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Heidelberg Cement - Germany
- Bukit Asam (Persero) Tbk - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Sakthi Sugars Limited - India
- Indian Oil Corporation Limited
- Star Paper Mills Limited - India
- Parry Sugars Refinery, India
- Baramulti Group, Indonesia
- Ministry of Mines - Canada
- Borneo Indobara - Indonesia
- Banpu Public Company Limited - Thailand
- Rio Tinto Coal - Australia
- Coalindo Energy - Indonesia
- OPG Power Generation Pvt Ltd - India
- New Zealand Coal & Carbon
- Jorong Barutama Greston.PT - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Larsen & Toubro Limited - India
- Holcim Trading Pte Ltd - Singapore
- PetroVietnam Power Coal Import and Supply Company
- The Treasury - Australian Government
- Toyota Tsusho Corporation, Japan
- Deloitte Consulting - India
- Energy Development Corp, Philippines
- Pendopo Energi Batubara - Indonesia
- Intertek Mineral Services - Indonesia
- Eastern Energy - Thailand
- Kartika Selabumi Mining - Indonesia
- CNBM International Corporation - China
- Pipit Mutiara Jaya. PT, Indonesia
- Siam City Cement PLC, Thailand
- Dalmia Cement Bharat India
- IHS Mccloskey Coal Group - USA
- Xindia Steels Limited - India
- Karaikal Port Pvt Ltd - India
- Ceylon Electricity Board - Sri Lanka
- Commonwealth Bank - Australia
- Standard Chartered Bank - UAE
- Straits Asia Resources Limited - Singapore
- IEA Clean Coal Centre - UK
- Indonesian Coal Mining Association
- European Bulk Services B.V. - Netherlands
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Independent Power Producers Association of India
- Romanian Commodities Exchange
- Meenaskhi Energy Private Limited - India
- McConnell Dowell - Australia
- Kepco SPC Power Corporation, Philippines
- Metalloyd Limited - United Kingdom
- Bukit Baiduri Energy - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Indika Energy - Indonesia
- Marubeni Corporation - India
- Therma Luzon, Inc, Philippines
- Jaiprakash Power Ventures ltd
- Petron Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Uttam Galva Steels Limited - India
- Eastern Coal Council - USA
- Australian Commodity Traders Exchange
- Goldman Sachs - Singapore
- Edison Trading Spa - Italy
- India Bulls Power Limited - India
- Attock Cement Pakistan Limited
- Kalimantan Lumbung Energi - Indonesia
- Makarim & Taira - Indonesia
- Latin American Coal - Colombia
- Anglo American - United Kingdom
- Australian Coal Association
- Minerals Council of Australia
- PNOC Exploration Corporation - Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Directorate General of MIneral and Coal - Indonesia
- Vizag Seaport Private Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Bayan Resources Tbk. - Indonesia
- Semirara Mining and Power Corporation, Philippines
- GVK Power & Infra Limited - India
- Interocean Group of Companies - India
- Central Electricity Authority - India
- South Luzon Thermal Energy Corporation
- Global Coal Blending Company Limited - Australia
- Parliament of New Zealand
- Vedanta Resources Plc - India
- Sinarmas Energy and Mining - Indonesia
- Planning Commission, India
- Jindal Steel & Power Ltd - India
- Orica Australia Pty. Ltd.
- Altura Mining Limited, Indonesia
- Sojitz Corporation - Japan
- CIMB Investment Bank - Malaysia
- Ind-Barath Power Infra Limited - India
- Bukit Makmur.PT - Indonesia
- Bharathi Cement Corporation - India
- Posco Energy - South Korea
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