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Thursday, 18 June 15
MERCATOR'S KAMSARMAX FIXED WITH CLEARLAKE
 COALspot.com: Mercator Lines (Singapore) Limited, a leading Indian-owned international dry bulk shipping company focused on markets such as India, Indonesia and China, today announced that it has secured a long term charter for its gearless Kamsarmax.
According to company's press release, Clearlake Shipping of Singapore, has chartered in the 82,459 – DWT Sri Prem Veena (built 2007) for a period of 12 to 16 months at USD7,050 per day. This hire rate represents a healthy premium of 23% over 4 TC Baltic Panamax spot index rate which is currently at USD5,735 per day.
Clearlake Shipping, a subsidiary of Gunvor Group, is one of the largest charterers of tanker vessels in the world and an operator of drybulk and VLGC (Very Large Gas Carrier) vessels and cargoes. In today’s historic low dry bulk market, where counterpart reliability represents a major risk, the company has consciously decided to deal only with reputable counterparties with a solid track record.
The compnay further said in its press note that, this new employment will generate gross revenue of around USD3.4m for the period of up to 16 months.
About Mercator Lines (Singapore) Limited
Mercator Singapore, which commenced operations in 2005, has established a market presence in the dry bulk transport market, specializing in the transportation of dry bulk commodities such as coal, iron ore and grains. With exposure to the infrastructure sectors like Steel and Power of India and China, Mercator is well positioned to benefit from the strong growth of these countries.
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Wednesday, 07 October 15
U.S. COAL EXPORTS FOR THE FIRST SEVEN MONTHS DOWN 21 PER CENT COMPARED WITH THE SAME PERIOD IN 2014 - EIA
Coal Supply
Lower U.S.’s domestic coal consumption and reduced exports contribute to a forecast decline of 89 million short tons (M ...
Wednesday, 07 October 15
SHIPPING MARKET INSIGHT - INTERMODAL
Sale and Purchase activity during the first three quarters of 2015 and more specifically during the summer season has been rather remarkable. 421 v ...
Wednesday, 07 October 15
INDONESIA COAL SWAPS HAVE CONTINUED TO DECLINE, FALLING ALMOST 7% M-M
COALspot.com: Indonesian coal swap for delivery Q4 2015 declined month on month and week over week.
The Q4 swap declined $ 2.23 (-5.51%) per t ...
Tuesday, 06 October 15
THE IMPACT OF LOW OIL PRICE ON THE SHIPPING INDUSTRY - LITERATED
The fall in global oil prices over the last one year has been beneficial to the shipping industry. The demand for oil tankers has picked up and the ...
Tuesday, 06 October 15
FOB RICHARDS BAY COAL SWAPS PLUNGE MORE THAN 6 PER CENT M-M
COALspot.com: API4 FOB Richards Bay Coal swap for delivery Q4' 2015 declined week over week and month over month.
The Q4 swap was down US$ ...
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- Tata Chemicals Ltd - India
- Star Paper Mills Limited - India
- Posco Energy - South Korea
- Wood Mackenzie - Singapore
- South Luzon Thermal Energy Corporation
- Australian Coal Association
- Global Green Power PLC Corporation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Australian Commodity Traders Exchange
- Standard Chartered Bank - UAE
- Toyota Tsusho Corporation, Japan
- Metalloyd Limited - United Kingdom
- Altura Mining Limited, Indonesia
- Ind-Barath Power Infra Limited - India
- Wilmar Investment Holdings
- Vedanta Resources Plc - India
- Edison Trading Spa - Italy
- Miang Besar Coal Terminal - Indonesia
- ICICI Bank Limited - India
- Grasim Industreis Ltd - India
- Indian Energy Exchange, India
- Riau Bara Harum - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Medco Energi Mining Internasional
- Independent Power Producers Association of India
- Orica Mining Services - Indonesia
- Bhoruka Overseas - Indonesia
- Global Business Power Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Price Waterhouse Coopers - Russia
- Meralco Power Generation, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- GN Power Mariveles Coal Plant, Philippines
- Gujarat Electricity Regulatory Commission - India
- Ceylon Electricity Board - Sri Lanka
- IHS Mccloskey Coal Group - USA
- Tamil Nadu electricity Board
- Kohat Cement Company Ltd. - Pakistan
- Gujarat Mineral Development Corp Ltd - India
- MS Steel International - UAE
- Sakthi Sugars Limited - India
- Minerals Council of Australia
- Sinarmas Energy and Mining - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Uttam Galva Steels Limited - India
- Agrawal Coal Company - India
- Power Finance Corporation Ltd., India
- Essar Steel Hazira Ltd - India
- Central Electricity Authority - India
- The State Trading Corporation of India Ltd
- Sical Logistics Limited - India
- Africa Commodities Group - South Africa
- Kartika Selabumi Mining - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Bhatia International Limited - India
- Billiton Holdings Pty Ltd - Australia
- TeaM Sual Corporation - Philippines
- PTC India Limited - India
- Thiess Contractors Indonesia
- Rio Tinto Coal - Australia
- London Commodity Brokers - England
- Global Coal Blending Company Limited - Australia
- Vizag Seaport Private Limited - India
- McConnell Dowell - Australia
- Bayan Resources Tbk. - Indonesia
- GMR Energy Limited - India
- Kapuas Tunggal Persada - Indonesia
- Marubeni Corporation - India
- Bangladesh Power Developement Board
- Merrill Lynch Commodities Europe
- Directorate Of Revenue Intelligence - India
- Maheswari Brothers Coal Limited - India
- Aditya Birla Group - India
- GVK Power & Infra Limited - India
- Semirara Mining Corp, Philippines
- Salva Resources Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Therma Luzon, Inc, Philippines
- Makarim & Taira - Indonesia
- Ambuja Cements Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Siam City Cement PLC, Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Ministry of Mines - Canada
- Kideco Jaya Agung - Indonesia
- Carbofer General Trading SA - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Kalimantan Lumbung Energi - Indonesia
- Thai Mozambique Logistica
- Aboitiz Power Corporation - Philippines
- Pendopo Energi Batubara - Indonesia
- European Bulk Services B.V. - Netherlands
- Bulk Trading Sa - Switzerland
- Jorong Barutama Greston.PT - Indonesia
- Heidelberg Cement - Germany
- Sojitz Corporation - Japan
- Oldendorff Carriers - Singapore
- Bukit Makmur.PT - Indonesia
- White Energy Company Limited
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Baramulti Group, Indonesia
- Eastern Coal Council - USA
- Offshore Bulk Terminal Pte Ltd, Singapore
- Georgia Ports Authority, United States
- Semirara Mining and Power Corporation, Philippines
- Economic Council, Georgia
- Singapore Mercantile Exchange
- Goldman Sachs - Singapore
- New Zealand Coal & Carbon
- Sindya Power Generating Company Private Ltd
- Chettinad Cement Corporation Ltd - India
- Barasentosa Lestari - Indonesia
- Mintek Dendrill Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Parliament of New Zealand
- Kepco SPC Power Corporation, Philippines
- CNBM International Corporation - China
- Globalindo Alam Lestari - Indonesia
- International Coal Ventures Pvt Ltd - India
- Mjunction Services Limited - India
- Lanco Infratech Ltd - India
- Chamber of Mines of South Africa
- Pipit Mutiara Jaya. PT, Indonesia
- Indogreen Group - Indonesia
- Dalmia Cement Bharat India
- Port Waratah Coal Services - Australia
- Planning Commission, India
- Electricity Generating Authority of Thailand
- Neyveli Lignite Corporation Ltd, - India
- Romanian Commodities Exchange
- Directorate General of MIneral and Coal - Indonesia
- Iligan Light & Power Inc, Philippines
- OPG Power Generation Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Ministry of Finance - Indonesia
- Orica Australia Pty. Ltd.
- Samtan Co., Ltd - South Korea
- Kumho Petrochemical, South Korea
- SMC Global Power, Philippines
- Coalindo Energy - Indonesia
- Indian Oil Corporation Limited
- Trasteel International SA, Italy
- Gujarat Sidhee Cement - India
- Mercator Lines Limited - India
- Antam Resourcindo - Indonesia
- Coastal Gujarat Power Limited - India
- Madhucon Powers Ltd - India
- PowerSource Philippines DevCo
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- The Treasury - Australian Government
- Interocean Group of Companies - India
- Simpson Spence & Young - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Latin American Coal - Colombia
- SMG Consultants - Indonesia
- Deloitte Consulting - India
- Sree Jayajothi Cements Limited - India
- Binh Thuan Hamico - Vietnam
- Formosa Plastics Group - Taiwan
- Bank of Tokyo Mitsubishi UFJ Ltd
- Banpu Public Company Limited - Thailand
- CIMB Investment Bank - Malaysia
- AsiaOL BioFuels Corp., Philippines
- Alfred C Toepfer International GmbH - Germany
- Bharathi Cement Corporation - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indonesian Coal Mining Association
- Intertek Mineral Services - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Energy Development Corp, Philippines
- Renaissance Capital - South Africa
- Krishnapatnam Port Company Ltd. - India
- Petron Corporation, Philippines
- Kobexindo Tractors - Indoneisa
- San Jose City I Power Corp, Philippines
- Timah Investasi Mineral - Indoneisa
- India Bulls Power Limited - India
- Borneo Indobara - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Indo Tambangraya Megah - Indonesia
- Malabar Cements Ltd - India
- Siam City Cement - Thailand
- PNOC Exploration Corporation - Philippines
- Videocon Industries ltd - India
- Straits Asia Resources Limited - Singapore
- Mercuria Energy - Indonesia
- Central Java Power - Indonesia
- GAC Shipping (India) Pvt Ltd
- ASAPP Information Group - India
- Xindia Steels Limited - India
- Manunggal Multi Energi - Indonesia
- Electricity Authority, New Zealand
- Eastern Energy - Thailand
- Indika Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Larsen & Toubro Limited - India
- Anglo American - United Kingdom
- Bukit Baiduri Energy - Indonesia
- Coal and Oil Company - UAE
- Sarangani Energy Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Jaiprakash Power Ventures ltd
- LBH Netherlands Bv - Netherlands
- Ministry of Transport, Egypt
- Bhushan Steel Limited - India
- Attock Cement Pakistan Limited
- Karaikal Port Pvt Ltd - India
- Cement Manufacturers Association - India
- The University of Queensland
- Commonwealth Bank - Australia
- Parry Sugars Refinery, India
- Meenaskhi Energy Private Limited - India
- Energy Link Ltd, New Zealand
- VISA Power Limited - India
- IEA Clean Coal Centre - UK
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