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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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Thursday, 28 February 13
INDIA HAS INCREASED CUSTOMS DUTY AND COUNTERVAILING DUTY FOR POWER PLANT COAL
COALspot.com : The government of India raised basic customs duty and countervailing duty on steam coal. In the meantime government has reduced& ...
Thursday, 28 February 13
SHIP OWNERS EXPECTED TO FACE A CHALLENGING YEAR, DESPITE THE FALL OF NEWBUILDING ORDERS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Tonnage oversupply and a lagging growth in world trade demand are expected to keep shipping in the "red", despite a series of measures ado ...
Thursday, 28 February 13
PANAMAX : MARKET HAS SEEN A GOOD UPTURN OVER THE LAST WEEK - FEARNLEYS
Handy
The Atlantic saw more cargoes than last week and rates ticking upwards. The USG-Feast was at USD 19k and Black Sea-Feast was at USD 11k. The ...
Wednesday, 27 February 13
NEWCASTLE PORT IN AUSTRALIA SHIPPED 0.358 MILLION MT MORE COAL W-O-W
COALspot.com - Newcastle port in Australia has loaded 2,178,869 MT of thermal and coking coal for week ended 0700 hours 25 February 2013, Newc ...
Wednesday, 27 February 13
NEWLEAD HOLDINGS LTD. ANNOUNCES COAL SUPPLY AND DELIVERY CONTRACT
NewLead Holdings Ltd. yesterday announced that the Company has signed an agreement to supply and deliver 1.48 million metric tons of steam coal to a ...
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- Gujarat Electricity Regulatory Commission - India
- PetroVietnam Power Coal Import and Supply Company
- Larsen & Toubro Limited - India
- Essar Steel Hazira Ltd - India
- Malabar Cements Ltd - India
- Ministry of Mines - Canada
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kumho Petrochemical, South Korea
- Georgia Ports Authority, United States
- Siam City Cement PLC, Thailand
- Heidelberg Cement - Germany
- CIMB Investment Bank - Malaysia
- Ministry of Transport, Egypt
- Kalimantan Lumbung Energi - Indonesia
- Binh Thuan Hamico - Vietnam
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- London Commodity Brokers - England
- Vizag Seaport Private Limited - India
- Dalmia Cement Bharat India
- Jorong Barutama Greston.PT - Indonesia
- Central Java Power - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Kaltim Prima Coal - Indonesia
- Electricity Authority, New Zealand
- IHS Mccloskey Coal Group - USA
- Sakthi Sugars Limited - India
- Grasim Industreis Ltd - India
- Directorate Of Revenue Intelligence - India
- Semirara Mining Corp, Philippines
- IEA Clean Coal Centre - UK
- Port Waratah Coal Services - Australia
- Antam Resourcindo - Indonesia
- Altura Mining Limited, Indonesia
- Thiess Contractors Indonesia
- Chamber of Mines of South Africa
- Australian Commodity Traders Exchange
- Kepco SPC Power Corporation, Philippines
- Independent Power Producers Association of India
- TNB Fuel Sdn Bhd - Malaysia
- Kartika Selabumi Mining - Indonesia
- Attock Cement Pakistan Limited
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Tata Chemicals Ltd - India
- Indika Energy - Indonesia
- Renaissance Capital - South Africa
- Africa Commodities Group - South Africa
- Indian Oil Corporation Limited
- SN Aboitiz Power Inc, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Marubeni Corporation - India
- GVK Power & Infra Limited - India
- White Energy Company Limited
- Rio Tinto Coal - Australia
- Coastal Gujarat Power Limited - India
- Simpson Spence & Young - Indonesia
- Parry Sugars Refinery, India
- International Coal Ventures Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Bukit Baiduri Energy - Indonesia
- Mjunction Services Limited - India
- Xindia Steels Limited - India
- Bhushan Steel Limited - India
- Merrill Lynch Commodities Europe
- Planning Commission, India
- Savvy Resources Ltd - HongKong
- Cigading International Bulk Terminal - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- Vedanta Resources Plc - India
- Minerals Council of Australia
- Eastern Energy - Thailand
- Kapuas Tunggal Persada - Indonesia
- Iligan Light & Power Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
- Global Green Power PLC Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- Jindal Steel & Power Ltd - India
- Baramulti Group, Indonesia
- OPG Power Generation Pvt Ltd - India
- McConnell Dowell - Australia
- Global Business Power Corporation, Philippines
- Lanco Infratech Ltd - India
- Sree Jayajothi Cements Limited - India
- Star Paper Mills Limited - India
- Indian Energy Exchange, India
- Samtan Co., Ltd - South Korea
- Cement Manufacturers Association - India
- European Bulk Services B.V. - Netherlands
- Tamil Nadu electricity Board
- Mercator Lines Limited - India
- Siam City Cement - Thailand
- Madhucon Powers Ltd - India
- Price Waterhouse Coopers - Russia
- ASAPP Information Group - India
- MS Steel International - UAE
- Jaiprakash Power Ventures ltd
- Directorate General of MIneral and Coal - Indonesia
- South Luzon Thermal Energy Corporation
- Billiton Holdings Pty Ltd - Australia
- Bulk Trading Sa - Switzerland
- Pipit Mutiara Jaya. PT, Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kobexindo Tractors - Indoneisa
- New Zealand Coal & Carbon
- Romanian Commodities Exchange
- SMG Consultants - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- SMC Global Power, Philippines
- Indonesian Coal Mining Association
- Therma Luzon, Inc, Philippines
- Ceylon Electricity Board - Sri Lanka
- Bukit Makmur.PT - Indonesia
- VISA Power Limited - India
- TeaM Sual Corporation - Philippines
- Metalloyd Limited - United Kingdom
- Sinarmas Energy and Mining - Indonesia
- Uttam Galva Steels Limited - India
- Bhoruka Overseas - Indonesia
- Salva Resources Pvt Ltd - India
- Coalindo Energy - Indonesia
- Eastern Coal Council - USA
- Riau Bara Harum - Indonesia
- Singapore Mercantile Exchange
- Anglo American - United Kingdom
- Goldman Sachs - Singapore
- Carbofer General Trading SA - India
- Semirara Mining and Power Corporation, Philippines
- CNBM International Corporation - China
- Maheswari Brothers Coal Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- ICICI Bank Limited - India
- India Bulls Power Limited - India
- Energy Link Ltd, New Zealand
- AsiaOL BioFuels Corp., Philippines
- Neyveli Lignite Corporation Ltd, - India
- GAC Shipping (India) Pvt Ltd
- Gujarat Sidhee Cement - India
- Wilmar Investment Holdings
- Asmin Koalindo Tuhup - Indonesia
- Straits Asia Resources Limited - Singapore
- Bangladesh Power Developement Board
- Meenaskhi Energy Private Limited - India
- Oldendorff Carriers - Singapore
- Bank of Tokyo Mitsubishi UFJ Ltd
- Banpu Public Company Limited - Thailand
- PowerSource Philippines DevCo
- Global Coal Blending Company Limited - Australia
- Agrawal Coal Company - India
- Mercuria Energy - Indonesia
- GMR Energy Limited - India
- Sindya Power Generating Company Private Ltd
- The University of Queensland
- Rashtriya Ispat Nigam Limited - India
- PNOC Exploration Corporation - Philippines
- Commonwealth Bank - Australia
- Parliament of New Zealand
- Holcim Trading Pte Ltd - Singapore
- Sarangani Energy Corporation, Philippines
- The State Trading Corporation of India Ltd
- Formosa Plastics Group - Taiwan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Mintek Dendrill Indonesia
- Pendopo Energi Batubara - Indonesia
- Latin American Coal - Colombia
- Ind-Barath Power Infra Limited - India
- Kideco Jaya Agung - Indonesia
- Barasentosa Lestari - Indonesia
- Intertek Mineral Services - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Thai Mozambique Logistica
- Deloitte Consulting - India
- Petron Corporation, Philippines
- Australian Coal Association
- Standard Chartered Bank - UAE
- Aditya Birla Group - India
- GN Power Mariveles Coal Plant, Philippines
- Wood Mackenzie - Singapore
- Energy Development Corp, Philippines
- Chettinad Cement Corporation Ltd - India
- Bayan Resources Tbk. - Indonesia
- Bhatia International Limited - India
- Medco Energi Mining Internasional
- Indogreen Group - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Manunggal Multi Energi - Indonesia
- Interocean Group of Companies - India
- Orica Mining Services - Indonesia
- LBH Netherlands Bv - Netherlands
- Sojitz Corporation - Japan
- Indo Tambangraya Megah - Indonesia
- Toyota Tsusho Corporation, Japan
- Trasteel International SA, Italy
- Ministry of Finance - Indonesia
- Videocon Industries ltd - India
- Bharathi Cement Corporation - India
- Kohat Cement Company Ltd. - Pakistan
- Edison Trading Spa - Italy
- Globalindo Alam Lestari - Indonesia
- PTC India Limited - India
- Ambuja Cements Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Meralco Power Generation, Philippines
- Sical Logistics Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Central Electricity Authority - India
- Borneo Indobara - Indonesia
- Orica Australia Pty. Ltd.
- Electricity Generating Authority of Thailand
- Power Finance Corporation Ltd., India
- San Jose City I Power Corp, Philippines
- Makarim & Taira - Indonesia
- Posco Energy - South Korea
- The Treasury - Australian Government
- Economic Council, Georgia
- Coal and Oil Company - UAE
- Alfred C Toepfer International GmbH - Germany
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