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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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Saturday, 12 May 12
THE SHIPPING MARKET IS UNLIKELY TO SEE A REBOUND ANYTIME SOON - VISTAAR SINGAPORE
COALspot.com - The BDI softened this week and it was down by 1.64 pct closing at 1,138 points.
The cape index was up by 2.41 pct closing at 1,61 ...
Friday, 11 May 12
POLITICAL CHANGES COULD LEAD TO TEMPORARY HALT IN SHIPPING INVESTMENTS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The potential of changes of political leadership in many of the world’s leading economies could very well lead to significant shifts in the di ...
Thursday, 10 May 12
DRY BULK ERRATIC ON LACK OF DIRECTION - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has kept up its erratic behavior as it went down again during yesterday’s session, on a lack of direct guidance in terms o ...
Wednesday, 09 May 12
COAL INDIA SIGNS FSAS WITH 13 POWER UNITS SO FAR - PTI
Press Trust of India has reported that, coal India has so far entered into fuel supply pacts with 13 power units, including Reliance Power's Rosa P ...
Tuesday, 08 May 12
DRY BULK MARKET LOOKING FOR NEW DIRECTION THIS WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the BDI (Baltic Dry Index) the main benchmark of the dry bulk shipping industry not traded at the start of this week, traders, charterers and s ...
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- SN Aboitiz Power Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Power Finance Corporation Ltd., India
- Kideco Jaya Agung - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Miang Besar Coal Terminal - Indonesia
- Indonesian Coal Mining Association
- Barasentosa Lestari - Indonesia
- Star Paper Mills Limited - India
- Binh Thuan Hamico - Vietnam
- Wood Mackenzie - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Salva Resources Pvt Ltd - India
- Carbofer General Trading SA - India
- Bukit Asam (Persero) Tbk - Indonesia
- McConnell Dowell - Australia
- SMG Consultants - Indonesia
- Energy Link Ltd, New Zealand
- Price Waterhouse Coopers - Russia
- Jaiprakash Power Ventures ltd
- PTC India Limited - India
- Energy Development Corp, Philippines
- San Jose City I Power Corp, Philippines
- Videocon Industries ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Port Waratah Coal Services - Australia
- Simpson Spence & Young - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Mercuria Energy - Indonesia
- Posco Energy - South Korea
- Krishnapatnam Port Company Ltd. - India
- Kepco SPC Power Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Indo Tambangraya Megah - Indonesia
- Global Business Power Corporation, Philippines
- Parry Sugars Refinery, India
- ASAPP Information Group - India
- Sical Logistics Limited - India
- Dalmia Cement Bharat India
- Madhucon Powers Ltd - India
- Ceylon Electricity Board - Sri Lanka
- London Commodity Brokers - England
- Metalloyd Limited - United Kingdom
- Oldendorff Carriers - Singapore
- Karbindo Abesyapradhi - Indoneisa
- Tata Chemicals Ltd - India
- Samtan Co., Ltd - South Korea
- Uttam Galva Steels Limited - India
- Rashtriya Ispat Nigam Limited - India
- Bulk Trading Sa - Switzerland
- Holcim Trading Pte Ltd - Singapore
- Makarim & Taira - Indonesia
- Bhoruka Overseas - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Malabar Cements Ltd - India
- South Luzon Thermal Energy Corporation
- Pendopo Energi Batubara - Indonesia
- CIMB Investment Bank - Malaysia
- Antam Resourcindo - Indonesia
- Banpu Public Company Limited - Thailand
- Eastern Coal Council - USA
- Aditya Birla Group - India
- Larsen & Toubro Limited - India
- Formosa Plastics Group - Taiwan
- Aboitiz Power Corporation - Philippines
- Indogreen Group - Indonesia
- Ministry of Finance - Indonesia
- Trasteel International SA, Italy
- PowerSource Philippines DevCo
- Maharashtra Electricity Regulatory Commission - India
- Thai Mozambique Logistica
- GMR Energy Limited - India
- Mintek Dendrill Indonesia
- Kapuas Tunggal Persada - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- ICICI Bank Limited - India
- Africa Commodities Group - South Africa
- Goldman Sachs - Singapore
- Coalindo Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Independent Power Producers Association of India
- Marubeni Corporation - India
- Coastal Gujarat Power Limited - India
- Bayan Resources Tbk. - Indonesia
- Mercator Lines Limited - India
- Sindya Power Generating Company Private Ltd
- Indian Oil Corporation Limited
- Grasim Industreis Ltd - India
- Gujarat Sidhee Cement - India
- Georgia Ports Authority, United States
- Wilmar Investment Holdings
- Tamil Nadu electricity Board
- Kobexindo Tractors - Indoneisa
- Indika Energy - Indonesia
- Toyota Tsusho Corporation, Japan
- Parliament of New Zealand
- Vijayanagar Sugar Pvt Ltd - India
- Chettinad Cement Corporation Ltd - India
- Central Electricity Authority - India
- Ind-Barath Power Infra Limited - India
- Orica Mining Services - Indonesia
- Merrill Lynch Commodities Europe
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bukit Makmur.PT - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Bhatia International Limited - India
- White Energy Company Limited
- Australian Commodity Traders Exchange
- LBH Netherlands Bv - Netherlands
- Riau Bara Harum - Indonesia
- Sree Jayajothi Cements Limited - India
- SMC Global Power, Philippines
- IHS Mccloskey Coal Group - USA
- Vedanta Resources Plc - India
- Xindia Steels Limited - India
- Sarangani Energy Corporation, Philippines
- Latin American Coal - Colombia
- Orica Australia Pty. Ltd.
- Petrochimia International Co. Ltd.- Taiwan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Essar Steel Hazira Ltd - India
- Ministry of Mines - Canada
- Meenaskhi Energy Private Limited - India
- Bhushan Steel Limited - India
- Coal and Oil Company - UAE
- Singapore Mercantile Exchange
- The University of Queensland
- Renaissance Capital - South Africa
- Heidelberg Cement - Germany
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Lanco Infratech Ltd - India
- OPG Power Generation Pvt Ltd - India
- Maheswari Brothers Coal Limited - India
- AsiaOL BioFuels Corp., Philippines
- Timah Investasi Mineral - Indoneisa
- Karaikal Port Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Siam City Cement PLC, Thailand
- Global Coal Blending Company Limited - Australia
- Altura Mining Limited, Indonesia
- Deloitte Consulting - India
- Cement Manufacturers Association - India
- TeaM Sual Corporation - Philippines
- Bukit Baiduri Energy - Indonesia
- Romanian Commodities Exchange
- Thiess Contractors Indonesia
- The Treasury - Australian Government
- Globalindo Alam Lestari - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Semirara Mining Corp, Philippines
- Ministry of Transport, Egypt
- MS Steel International - UAE
- European Bulk Services B.V. - Netherlands
- International Coal Ventures Pvt Ltd - India
- Kumho Petrochemical, South Korea
- Baramulti Group, Indonesia
- Leighton Contractors Pty Ltd - Australia
- Petron Corporation, Philippines
- Ambuja Cements Ltd - India
- Economic Council, Georgia
- Eastern Energy - Thailand
- Bahari Cakrawala Sebuku - Indonesia
- Borneo Indobara - Indonesia
- Directorate Of Revenue Intelligence - India
- Indian Energy Exchange, India
- Bharathi Cement Corporation - India
- Rio Tinto Coal - Australia
- Interocean Group of Companies - India
- Bangladesh Power Developement Board
- Straits Asia Resources Limited - Singapore
- India Bulls Power Limited - India
- CNBM International Corporation - China
- Central Java Power - Indonesia
- Jindal Steel & Power Ltd - India
- Electricity Generating Authority of Thailand
- PNOC Exploration Corporation - Philippines
- Standard Chartered Bank - UAE
- GAC Shipping (India) Pvt Ltd
- Billiton Holdings Pty Ltd - Australia
- Vizag Seaport Private Limited - India
- VISA Power Limited - India
- IEA Clean Coal Centre - UK
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Australian Coal Association
- Jorong Barutama Greston.PT - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Electricity Authority, New Zealand
- Neyveli Lignite Corporation Ltd, - India
- Chamber of Mines of South Africa
- Therma Luzon, Inc, Philippines
- Iligan Light & Power Inc, Philippines
- Meralco Power Generation, Philippines
- Siam City Cement - Thailand
- Mjunction Services Limited - India
- Anglo American - United Kingdom
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Global Green Power PLC Corporation, Philippines
- Manunggal Multi Energi - Indonesia
- Planning Commission, India
- Gujarat Mineral Development Corp Ltd - India
- Savvy Resources Ltd - HongKong
- Commonwealth Bank - Australia
- Medco Energi Mining Internasional
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Attock Cement Pakistan Limited
- GN Power Mariveles Coal Plant, Philippines
- New Zealand Coal & Carbon
- The State Trading Corporation of India Ltd
- Intertek Mineral Services - Indonesia
- Minerals Council of Australia
- Agrawal Coal Company - India
- Sakthi Sugars Limited - India
- GVK Power & Infra Limited - India
- Kartika Selabumi Mining - Indonesia
- Edison Trading Spa - Italy
- Sojitz Corporation - Japan
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