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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, 19 March 13
SHIP PRICES COULD BE CLOSING IN TO REACH THEIR BOTTOM - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
One of the latest developments in shipping asset prices has been the reluctance from shipyards to further reduce their price expectations to higher ...
Sunday, 17 March 13
A WEAK WEEK FOR SUB-BIT INDONESIA COAL SWAPS
COALspot.com - Sub-Bit Indonesia coal swaps (FOB ) for average Q2’ 2013 delivery has lost 2.11 percent and CFR South China coal shipment ...
Sunday, 17 March 13
COAL FREIGHT RATES STEADY ON HIGHER DEMAND - CAPT. REDDY
COALspot.com - This freight market continued to remain firm in all segments.
The BDI was up by 5.81 pct closing at 892 points. Cape index was up ...
Friday, 15 March 13
CHEAP SHIP VALUATIONS DON'T NECESSARILY MEAN ATTRACTIVE SAYS VESSELS VALUE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
With ship prices plunging by double-digits in the past few years, many ship owners are pondering their next moves in a market often described as att ...
Thursday, 14 March 13
SUPRAMAX : INDO - INDIA TRIP RATE IS AROUND $10,000; SOUTH CHINA $9500 - FEARNRESEARCH
Handy
Indian market is still quiet in respect of export of iron ore. WC India market has improved with a few stems out of the MEG, WC India opening ...
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- Electricity Authority, New Zealand
- Uttam Galva Steels Limited - India
- Ministry of Mines - Canada
- SMG Consultants - Indonesia
- Jaiprakash Power Ventures ltd
- Krishnapatnam Port Company Ltd. - India
- Bangladesh Power Developement Board
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bhushan Steel Limited - India
- Mintek Dendrill Indonesia
- New Zealand Coal & Carbon
- Cement Manufacturers Association - India
- Standard Chartered Bank - UAE
- Parliament of New Zealand
- The University of Queensland
- Merrill Lynch Commodities Europe
- Kalimantan Lumbung Energi - Indonesia
- Parry Sugars Refinery, India
- The State Trading Corporation of India Ltd
- Aboitiz Power Corporation - Philippines
- Aditya Birla Group - India
- Eastern Energy - Thailand
- Therma Luzon, Inc, Philippines
- The Treasury - Australian Government
- Minerals Council of Australia
- Kartika Selabumi Mining - Indonesia
- Vedanta Resources Plc - India
- Global Green Power PLC Corporation, Philippines
- Marubeni Corporation - India
- Planning Commission, India
- GN Power Mariveles Coal Plant, Philippines
- Larsen & Toubro Limited - India
- Cigading International Bulk Terminal - Indonesia
- Siam City Cement - Thailand
- Iligan Light & Power Inc, Philippines
- International Coal Ventures Pvt Ltd - India
- Kepco SPC Power Corporation, Philippines
- Billiton Holdings Pty Ltd - Australia
- Thiess Contractors Indonesia
- AsiaOL BioFuels Corp., Philippines
- Xindia Steels Limited - India
- Kobexindo Tractors - Indoneisa
- Samtan Co., Ltd - South Korea
- Asmin Koalindo Tuhup - Indonesia
- Romanian Commodities Exchange
- Indian Energy Exchange, India
- GMR Energy Limited - India
- Deloitte Consulting - India
- Sojitz Corporation - Japan
- Independent Power Producers Association of India
- IEA Clean Coal Centre - UK
- Gujarat Mineral Development Corp Ltd - India
- Economic Council, Georgia
- Bukit Baiduri Energy - Indonesia
- Indian Oil Corporation Limited
- Port Waratah Coal Services - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- PowerSource Philippines DevCo
- Neyveli Lignite Corporation Ltd, - India
- CNBM International Corporation - China
- Petron Corporation, Philippines
- Carbofer General Trading SA - India
- Central Electricity Authority - India
- Grasim Industreis Ltd - India
- Sindya Power Generating Company Private Ltd
- European Bulk Services B.V. - Netherlands
- Sical Logistics Limited - India
- Ambuja Cements Ltd - India
- SN Aboitiz Power Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Coalindo Energy - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Georgia Ports Authority, United States
- Offshore Bulk Terminal Pte Ltd, Singapore
- Electricity Generating Authority of Thailand
- Maharashtra Electricity Regulatory Commission - India
- CIMB Investment Bank - Malaysia
- Kapuas Tunggal Persada - Indonesia
- Bukit Makmur.PT - Indonesia
- Metalloyd Limited - United Kingdom
- San Jose City I Power Corp, Philippines
- PetroVietnam Power Coal Import and Supply Company
- GVK Power & Infra Limited - India
- Lanco Infratech Ltd - India
- Indonesian Coal Mining Association
- Goldman Sachs - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Indika Energy - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Gujarat Electricity Regulatory Commission - India
- Gujarat Sidhee Cement - India
- IHS Mccloskey Coal Group - USA
- TeaM Sual Corporation - Philippines
- Rashtriya Ispat Nigam Limited - India
- Ministry of Transport, Egypt
- Baramulti Group, Indonesia
- Interocean Group of Companies - India
- PNOC Exploration Corporation - Philippines
- Bhatia International Limited - India
- Siam City Cement PLC, Thailand
- ICICI Bank Limited - India
- Chettinad Cement Corporation Ltd - India
- Binh Thuan Hamico - Vietnam
- London Commodity Brokers - England
- McConnell Dowell - Australia
- Trasteel International SA, Italy
- Attock Cement Pakistan Limited
- Bukit Asam (Persero) Tbk - Indonesia
- Jindal Steel & Power Ltd - India
- VISA Power Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Renaissance Capital - South Africa
- Semirara Mining and Power Corporation, Philippines
- Wilmar Investment Holdings
- Sarangani Energy Corporation, Philippines
- Singapore Mercantile Exchange
- Eastern Coal Council - USA
- Energy Development Corp, Philippines
- Dalmia Cement Bharat India
- Essar Steel Hazira Ltd - India
- Rio Tinto Coal - Australia
- Coal and Oil Company - UAE
- Mercuria Energy - Indonesia
- SMC Global Power, Philippines
- Videocon Industries ltd - India
- Anglo American - United Kingdom
- Toyota Tsusho Corporation, Japan
- Maheswari Brothers Coal Limited - India
- Timah Investasi Mineral - Indoneisa
- Tamil Nadu electricity Board
- Kohat Cement Company Ltd. - Pakistan
- Riau Bara Harum - Indonesia
- South Luzon Thermal Energy Corporation
- LBH Netherlands Bv - Netherlands
- Savvy Resources Ltd - HongKong
- Banpu Public Company Limited - Thailand
- Malabar Cements Ltd - India
- Latin American Coal - Colombia
- Kideco Jaya Agung - Indonesia
- Star Paper Mills Limited - India
- Heidelberg Cement - Germany
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Makarim & Taira - Indonesia
- Bhoruka Overseas - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Thai Mozambique Logistica
- Alfred C Toepfer International GmbH - Germany
- Posco Energy - South Korea
- India Bulls Power Limited - India
- OPG Power Generation Pvt Ltd - India
- Sree Jayajothi Cements Limited - India
- Meenaskhi Energy Private Limited - India
- Semirara Mining Corp, Philippines
- Wood Mackenzie - Singapore
- Vizag Seaport Private Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- MS Steel International - UAE
- Australian Commodity Traders Exchange
- Indogreen Group - Indonesia
- Sakthi Sugars Limited - India
- Chamber of Mines of South Africa
- Ind-Barath Power Infra Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Manunggal Multi Energi - Indonesia
- Antam Resourcindo - Indonesia
- Pendopo Energi Batubara - Indonesia
- Kumho Petrochemical, South Korea
- Karbindo Abesyapradhi - Indoneisa
- Ministry of Finance - Indonesia
- Bulk Trading Sa - Switzerland
- Orica Mining Services - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Power Finance Corporation Ltd., India
- Orica Australia Pty. Ltd.
- Pipit Mutiara Jaya. PT, Indonesia
- ASAPP Information Group - India
- Intertek Mineral Services - Indonesia
- Meralco Power Generation, Philippines
- Central Java Power - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Sinarmas Energy and Mining - Indonesia
- Africa Commodities Group - South Africa
- Bharathi Cement Corporation - India
- Directorate Of Revenue Intelligence - India
- PTC India Limited - India
- Commonwealth Bank - Australia
- Energy Link Ltd, New Zealand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mercator Lines Limited - India
- Kaltim Prima Coal - Indonesia
- Mjunction Services Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Oldendorff Carriers - Singapore
- Indo Tambangraya Megah - Indonesia
- Price Waterhouse Coopers - Russia
- Coastal Gujarat Power Limited - India
- White Energy Company Limited
- Borneo Indobara - Indonesia
- Madhucon Powers Ltd - India
- Altura Mining Limited, Indonesia
- Edison Trading Spa - Italy
- Global Coal Blending Company Limited - Australia
- Karaikal Port Pvt Ltd - India
- Barasentosa Lestari - Indonesia
- Salva Resources Pvt Ltd - India
- Australian Coal Association
- Bayan Resources Tbk. - Indonesia
- Agrawal Coal Company - India
- Formosa Plastics Group - Taiwan
- Simpson Spence & Young - Indonesia
- Straits Asia Resources Limited - Singapore
- Tata Chemicals Ltd - India
- GAC Shipping (India) Pvt Ltd
- Medco Energi Mining Internasional
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