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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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Sunday, 06 January 13
FREIGHT MARKET REMAINED FAIRLY STEADY - VISTAAR
WISH YOU ALL HAPPY NEW YEAR
COALspot.com - The freight market remained fairly steady in spite of Christmas / New Year Holidays. The BDI was almos ...
Saturday, 05 January 13
THE SHIPPING MARKET IN 2012 AND LOOKING FORWARD - BIMCO
Global Economy: Things will go up from here
The global economy continues to grow, albeit at a slower pace than previous years. The slower economic ...
Friday, 04 January 13
DRY BULK MARKET LOOKING FOR DIRECTION IN FIRST TRADING DAYS OF THE NEW YEAR - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The dry bulk market is actively looking for its footing at the start of the New Year, as charters have been scarce, as is usually the case during th ...
Thursday, 03 January 13
INDONESIAN SUB-BITUMINOUS COAL SWAPS CLOSED US$ 6.86 HIGHER FOR 2014 DELIVERY
COALspot.com - Swaps prices were changed positively for thermal coal for loading in the first quarter from Indonesia, according to SGX AsiaClear OTC ...
Thursday, 03 January 13
SUPRMAX FREIGHT RATE FROM RED SEA / INDIA IS AROUND MID TEENS - FEARNLEYS
Fearnleys in its weekly report said that, Indian market was very quiet in respect of export of iron ore. For Indo-India trip Supra rate was hovering ...
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- Coal and Oil Company - UAE
- Ambuja Cements Ltd - India
- Goldman Sachs - Singapore
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- ICICI Bank Limited - India
- Vedanta Resources Plc - India
- Manunggal Multi Energi - Indonesia
- Carbofer General Trading SA - India
- Kalimantan Lumbung Energi - Indonesia
- Mintek Dendrill Indonesia
- Grasim Industreis Ltd - India
- PTC India Limited - India
- Jaiprakash Power Ventures ltd
- Ministry of Transport, Egypt
- Medco Energi Mining Internasional
- Global Business Power Corporation, Philippines
- Attock Cement Pakistan Limited
- Antam Resourcindo - Indonesia
- Ministry of Finance - Indonesia
- Heidelberg Cement - Germany
- Australian Commodity Traders Exchange
- Semirara Mining Corp, Philippines
- Alfred C Toepfer International GmbH - Germany
- The University of Queensland
- Bukit Baiduri Energy - Indonesia
- Indian Oil Corporation Limited
- Kartika Selabumi Mining - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Indika Energy - Indonesia
- Kumho Petrochemical, South Korea
- Global Coal Blending Company Limited - Australia
- Indo Tambangraya Megah - Indonesia
- Edison Trading Spa - Italy
- Sakthi Sugars Limited - India
- Binh Thuan Hamico - Vietnam
- Latin American Coal - Colombia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Tamil Nadu electricity Board
- Kideco Jaya Agung - Indonesia
- LBH Netherlands Bv - Netherlands
- Sojitz Corporation - Japan
- Directorate Of Revenue Intelligence - India
- Thai Mozambique Logistica
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Interocean Group of Companies - India
- Baramulti Group, Indonesia
- Straits Asia Resources Limited - Singapore
- White Energy Company Limited
- Star Paper Mills Limited - India
- Rio Tinto Coal - Australia
- Independent Power Producers Association of India
- Gujarat Mineral Development Corp Ltd - India
- Parliament of New Zealand
- Iligan Light & Power Inc, Philippines
- Bhatia International Limited - India
- Rashtriya Ispat Nigam Limited - India
- Leighton Contractors Pty Ltd - Australia
- Meralco Power Generation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Bayan Resources Tbk. - Indonesia
- Sical Logistics Limited - India
- Chamber of Mines of South Africa
- Price Waterhouse Coopers - Russia
- Petron Corporation, Philippines
- Orica Australia Pty. Ltd.
- Energy Development Corp, Philippines
- Energy Link Ltd, New Zealand
- Neyveli Lignite Corporation Ltd, - India
- Mercuria Energy - Indonesia
- Altura Mining Limited, Indonesia
- Holcim Trading Pte Ltd - Singapore
- IHS Mccloskey Coal Group - USA
- Coastal Gujarat Power Limited - India
- Romanian Commodities Exchange
- India Bulls Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Bangladesh Power Developement Board
- The State Trading Corporation of India Ltd
- SMG Consultants - Indonesia
- Kepco SPC Power Corporation, Philippines
- Tata Chemicals Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Global Green Power PLC Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Planning Commission, India
- Pipit Mutiara Jaya. PT, Indonesia
- Formosa Plastics Group - Taiwan
- CNBM International Corporation - China
- Indian Energy Exchange, India
- International Coal Ventures Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Kaltim Prima Coal - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Aboitiz Power Corporation - Philippines
- Port Waratah Coal Services - Australia
- Indonesian Coal Mining Association
- Oldendorff Carriers - Singapore
- Lanco Infratech Ltd - India
- Electricity Generating Authority of Thailand
- Gujarat Electricity Regulatory Commission - India
- Pendopo Energi Batubara - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Globalindo Alam Lestari - Indonesia
- Bhoruka Overseas - Indonesia
- Timah Investasi Mineral - Indoneisa
- Bulk Trading Sa - Switzerland
- Uttam Galva Steels Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Indogreen Group - Indonesia
- Mercator Lines Limited - India
- Meenaskhi Energy Private Limited - India
- Electricity Authority, New Zealand
- Sree Jayajothi Cements Limited - India
- IEA Clean Coal Centre - UK
- Savvy Resources Ltd - HongKong
- Essar Steel Hazira Ltd - India
- Bharathi Cement Corporation - India
- Bukit Makmur.PT - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Wilmar Investment Holdings
- Toyota Tsusho Corporation, Japan
- Vizag Seaport Private Limited - India
- Georgia Ports Authority, United States
- Madhucon Powers Ltd - India
- GAC Shipping (India) Pvt Ltd
- Borneo Indobara - Indonesia
- Agrawal Coal Company - India
- PNOC Exploration Corporation - Philippines
- MS Steel International - UAE
- Petrochimia International Co. Ltd.- Taiwan
- Central Electricity Authority - India
- Trasteel International SA, Italy
- Siam City Cement PLC, Thailand
- Africa Commodities Group - South Africa
- Ind-Barath Power Infra Limited - India
- PowerSource Philippines DevCo
- Sindya Power Generating Company Private Ltd
- London Commodity Brokers - England
- Marubeni Corporation - India
- Billiton Holdings Pty Ltd - Australia
- Australian Coal Association
- CIMB Investment Bank - Malaysia
- Thiess Contractors Indonesia
- Ministry of Mines - Canada
- OPG Power Generation Pvt Ltd - India
- Parry Sugars Refinery, India
- McConnell Dowell - Australia
- Semirara Mining and Power Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- Bhushan Steel Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Renaissance Capital - South Africa
- Kohat Cement Company Ltd. - Pakistan
- Salva Resources Pvt Ltd - India
- SMC Global Power, Philippines
- Eastern Energy - Thailand
- Chettinad Cement Corporation Ltd - India
- Power Finance Corporation Ltd., India
- Mjunction Services Limited - India
- Dalmia Cement Bharat India
- Therma Luzon, Inc, Philippines
- Deloitte Consulting - India
- Minerals Council of Australia
- New Zealand Coal & Carbon
- VISA Power Limited - India
- Videocon Industries ltd - India
- Barasentosa Lestari - Indonesia
- Orica Mining Services - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- GVK Power & Infra Limited - India
- SN Aboitiz Power Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Kapuas Tunggal Persada - Indonesia
- Malabar Cements Ltd - India
- Simpson Spence & Young - Indonesia
- Siam City Cement - Thailand
- Miang Besar Coal Terminal - Indonesia
- GMR Energy Limited - India
- Kobexindo Tractors - Indoneisa
- Cement Manufacturers Association - India
- Anglo American - United Kingdom
- Eastern Coal Council - USA
- Aditya Birla Group - India
- GN Power Mariveles Coal Plant, Philippines
- South Luzon Thermal Energy Corporation
- Samtan Co., Ltd - South Korea
- Karaikal Port Pvt Ltd - India
- Economic Council, Georgia
- Riau Bara Harum - Indonesia
- Xindia Steels Limited - India
- Krishnapatnam Port Company Ltd. - India
- The Treasury - Australian Government
- Ceylon Electricity Board - Sri Lanka
- Larsen & Toubro Limited - India
- Posco Energy - South Korea
- ASAPP Information Group - India
- Banpu Public Company Limited - Thailand
- Maharashtra Electricity Regulatory Commission - India
- Gujarat Sidhee Cement - India
- Metalloyd Limited - United Kingdom
- Vijayanagar Sugar Pvt Ltd - India
- Singapore Mercantile Exchange
- European Bulk Services B.V. - Netherlands
- Merrill Lynch Commodities Europe
- Central Java Power - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Standard Chartered Bank - UAE
- San Jose City I Power Corp, Philippines
- Jindal Steel & Power Ltd - India
- Wood Mackenzie - Singapore
- Commonwealth Bank - Australia
- Coalindo Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Intertek Mineral Services - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Sarangani Energy Corporation, Philippines
- Makarim & Taira - Indonesia
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