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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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Friday, 28 August 15
DRY BULK SHIP OWNER OPTIMISTIC ABOUT FUTURE PROSPECTS OF THE MARKET: NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
Dry bulk ship owner Golden Ocean appeared optimistic on the long term prospects of the dry bulk market, mainly thanks to an expected resolution of ...
Friday, 28 August 15
COAL PRODUCTION IN THE U.S. FOR THE WEEK ENDING AUGUST 22 ROSE FOR THE THIRD STRAIGHT WEEK
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 18.5 million shor ...
Friday, 28 August 15
BANPU STRENGTHENS GROWTH PLAN
Coal Business: Asia-Pacific Synergies Increase Competitiveness for Premium Export Market.
Banpu Public Company Limited (BANPU) strengthens its ...
Thursday, 27 August 15
RATES FOR CAPES REMAINED ON A FREE FALL LAST WEEK - INTERMODAL
COALspot.com: Keeping everyone on their toes with the volatility seen in August, the Dry Bulk market undoubtedly remains a steady provider of chall ...
Wednesday, 26 August 15
MARKET INSIGHT - STRATOS TINIAKOS
It’s always interesting to comment on the market when big economies around the world are facing troubling times. Following the collapse of th ...
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- The University of Queensland
- Timah Investasi Mineral - Indoneisa
- AsiaOL BioFuels Corp., Philippines
- Rashtriya Ispat Nigam Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Kaltim Prima Coal - Indonesia
- San Jose City I Power Corp, Philippines
- Bayan Resources Tbk. - Indonesia
- Orica Mining Services - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ministry of Mines - Canada
- Pendopo Energi Batubara - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Indika Energy - Indonesia
- Mercator Lines Limited - India
- Vedanta Resources Plc - India
- Krishnapatnam Port Company Ltd. - India
- Sree Jayajothi Cements Limited - India
- Xindia Steels Limited - India
- Meenaskhi Energy Private Limited - India
- Intertek Mineral Services - Indonesia
- Orica Australia Pty. Ltd.
- Salva Resources Pvt Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Romanian Commodities Exchange
- Borneo Indobara - Indonesia
- Coastal Gujarat Power Limited - India
- Medco Energi Mining Internasional
- Edison Trading Spa - Italy
- Bukit Asam (Persero) Tbk - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Indogreen Group - Indonesia
- South Luzon Thermal Energy Corporation
- Price Waterhouse Coopers - Russia
- The Treasury - Australian Government
- Maharashtra Electricity Regulatory Commission - India
- Gujarat Mineral Development Corp Ltd - India
- Bulk Trading Sa - Switzerland
- Oldendorff Carriers - Singapore
- Binh Thuan Hamico - Vietnam
- Kalimantan Lumbung Energi - Indonesia
- Banpu Public Company Limited - Thailand
- Ceylon Electricity Board - Sri Lanka
- The State Trading Corporation of India Ltd
- Africa Commodities Group - South Africa
- Uttam Galva Steels Limited - India
- Bukit Makmur.PT - Indonesia
- Semirara Mining Corp, Philippines
- Cigading International Bulk Terminal - Indonesia
- Miang Besar Coal Terminal - Indonesia
- European Bulk Services B.V. - Netherlands
- Antam Resourcindo - Indonesia
- Rio Tinto Coal - Australia
- Bhushan Steel Limited - India
- Latin American Coal - Colombia
- Indian Oil Corporation Limited
- Ind-Barath Power Infra Limited - India
- Gujarat Electricity Regulatory Commission - India
- Trasteel International SA, Italy
- Cement Manufacturers Association - India
- GN Power Mariveles Coal Plant, Philippines
- Energy Development Corp, Philippines
- Eastern Energy - Thailand
- Meralco Power Generation, Philippines
- Kobexindo Tractors - Indoneisa
- Vijayanagar Sugar Pvt Ltd - India
- Carbofer General Trading SA - India
- McConnell Dowell - Australia
- IEA Clean Coal Centre - UK
- Vizag Seaport Private Limited - India
- Independent Power Producers Association of India
- Port Waratah Coal Services - Australia
- Singapore Mercantile Exchange
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bahari Cakrawala Sebuku - Indonesia
- Global Coal Blending Company Limited - Australia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Sakthi Sugars Limited - India
- Lanco Infratech Ltd - India
- Ambuja Cements Ltd - India
- ICICI Bank Limited - India
- LBH Netherlands Bv - Netherlands
- Leighton Contractors Pty Ltd - Australia
- Merrill Lynch Commodities Europe
- Agrawal Coal Company - India
- Globalindo Alam Lestari - Indonesia
- Gujarat Sidhee Cement - India
- Pipit Mutiara Jaya. PT, Indonesia
- Aboitiz Power Corporation - Philippines
- Therma Luzon, Inc, Philippines
- Sindya Power Generating Company Private Ltd
- India Bulls Power Limited - India
- Deloitte Consulting - India
- Neyveli Lignite Corporation Ltd, - India
- GAC Shipping (India) Pvt Ltd
- Chettinad Cement Corporation Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- TNB Fuel Sdn Bhd - Malaysia
- Larsen & Toubro Limited - India
- Simpson Spence & Young - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Bukit Baiduri Energy - Indonesia
- Georgia Ports Authority, United States
- Parliament of New Zealand
- Heidelberg Cement - Germany
- Wood Mackenzie - Singapore
- Tamil Nadu electricity Board
- Thiess Contractors Indonesia
- PowerSource Philippines DevCo
- Petrochimia International Co. Ltd.- Taiwan
- Coalindo Energy - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Energy Link Ltd, New Zealand
- Baramulti Group, Indonesia
- Parry Sugars Refinery, India
- Posco Energy - South Korea
- Australian Coal Association
- Videocon Industries ltd - India
- Manunggal Multi Energi - Indonesia
- Central Java Power - Indonesia
- Bhatia International Limited - India
- Toyota Tsusho Corporation, Japan
- Kapuas Tunggal Persada - Indonesia
- Kideco Jaya Agung - Indonesia
- Formosa Plastics Group - Taiwan
- Indo Tambangraya Megah - Indonesia
- White Energy Company Limited
- Goldman Sachs - Singapore
- Bhoruka Overseas - Indonesia
- Marubeni Corporation - India
- VISA Power Limited - India
- Kumho Petrochemical, South Korea
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Essar Steel Hazira Ltd - India
- Bangladesh Power Developement Board
- Indonesian Coal Mining Association
- Thai Mozambique Logistica
- Directorate Of Revenue Intelligence - India
- Straits Asia Resources Limited - Singapore
- Jindal Steel & Power Ltd - India
- Siam City Cement - Thailand
- Power Finance Corporation Ltd., India
- Mintek Dendrill Indonesia
- PTC India Limited - India
- Global Business Power Corporation, Philippines
- Holcim Trading Pte Ltd - Singapore
- Riau Bara Harum - Indonesia
- Sojitz Corporation - Japan
- Altura Mining Limited, Indonesia
- Metalloyd Limited - United Kingdom
- Minerals Council of Australia
- Chamber of Mines of South Africa
- Madhucon Powers Ltd - India
- Maheswari Brothers Coal Limited - India
- OPG Power Generation Pvt Ltd - India
- Sarangani Energy Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Mjunction Services Limited - India
- Bharathi Cement Corporation - India
- Anglo American - United Kingdom
- London Commodity Brokers - England
- Karaikal Port Pvt Ltd - India
- Central Electricity Authority - India
- Dalmia Cement Bharat India
- Kepco SPC Power Corporation, Philippines
- SMC Global Power, Philippines
- Grasim Industreis Ltd - India
- Ministry of Finance - Indonesia
- Petron Corporation, Philippines
- Standard Chartered Bank - UAE
- Ministry of Transport, Egypt
- Eastern Coal Council - USA
- Makarim & Taira - Indonesia
- SN Aboitiz Power Inc, Philippines
- MS Steel International - UAE
- TeaM Sual Corporation - Philippines
- Electricity Generating Authority of Thailand
- SMG Consultants - Indonesia
- International Coal Ventures Pvt Ltd - India
- Planning Commission, India
- Australian Commodity Traders Exchange
- Semirara Mining and Power Corporation, Philippines
- CIMB Investment Bank - Malaysia
- PNOC Exploration Corporation - Philippines
- Samtan Co., Ltd - South Korea
- Sical Logistics Limited - India
- Kartika Selabumi Mining - Indonesia
- Aditya Birla Group - India
- Interocean Group of Companies - India
- Siam City Cement PLC, Thailand
- Savvy Resources Ltd - HongKong
- CNBM International Corporation - China
- Malabar Cements Ltd - India
- Economic Council, Georgia
- Jaiprakash Power Ventures ltd
- Mercuria Energy - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- GVK Power & Infra Limited - India
- Barasentosa Lestari - Indonesia
- Tata Chemicals Ltd - India
- Iligan Light & Power Inc, Philippines
- Directorate General of MIneral and Coal - Indonesia
- New Zealand Coal & Carbon
- Electricity Authority, New Zealand
- Attock Cement Pakistan Limited
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- ASAPP Information Group - India
- Indian Energy Exchange, India
- Asmin Koalindo Tuhup - Indonesia
- Commonwealth Bank - Australia
- IHS Mccloskey Coal Group - USA
- Offshore Bulk Terminal Pte Ltd, Singapore
- GMR Energy Limited - India
- Coal and Oil Company - UAE
- Wilmar Investment Holdings
- Star Paper Mills Limited - India
- Renaissance Capital - South Africa
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