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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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Sunday, 26 July 15
INDO-INDIA OCEAN COAL FREIGHT RATES REMAIN STEADY
COALspot.com: The freight market continued lost steam towards end of the week and all indices were showing downward trend.
The BDI was up by 3 ...
Friday, 24 July 15
U.S PRODUCED 17.2 MMST OF COAL FOR THE WEEK ENDED JULY 18; FELL 11.5% YEAR ON YEAR
COALspot.com – United States the world’s second largest coal producer has produced approximately totaled an estimated 17.2 million shor ...
Friday, 24 July 15
THE IMPACT OF COLLAPSING CHINESE COAL IMPORTS - CLARKSONS
Global seaborne coal trade is currently projected to drop 1% y-o-y in 2015, which would be the first annual decline in almost three decades. The dr ...
Thursday, 23 July 15
ELEVEN NEW NICKEL SMELTERS ARE TO BE BUILT IN INDONESIA OVER THE NEXT TWO YEARS AT A COST OF $1.4 BILLION
Indonesia’s Most Reputable Nickel Event
Eleven new nickel smelters are to be built in Indonesia over the next two years at a cost of $1. ...
Thursday, 23 July 15
THE CAPESIZE SEGMENT KEPT FOUNDING SUPPORT ON INCREASED DEMAND FROM CHINESE STEEL MILLS - INTERMODAL
The Dry Bulk market closed off on Friday (17July 2015) noting substantial gains and the BDI surpassing the 1,000 points level for the first time af ...
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- Iligan Light & Power Inc, Philippines
- GMR Energy Limited - India
- Anglo American - United Kingdom
- Petrochimia International Co. Ltd.- Taiwan
- Vijayanagar Sugar Pvt Ltd - India
- Indogreen Group - Indonesia
- Romanian Commodities Exchange
- Samtan Co., Ltd - South Korea
- TeaM Sual Corporation - Philippines
- Heidelberg Cement - Germany
- Chamber of Mines of South Africa
- Cement Manufacturers Association - India
- Bayan Resources Tbk. - Indonesia
- Globalindo Alam Lestari - Indonesia
- Manunggal Multi Energi - Indonesia
- Metalloyd Limited - United Kingdom
- Sarangani Energy Corporation, Philippines
- Latin American Coal - Colombia
- PetroVietnam Power Coal Import and Supply Company
- Malabar Cements Ltd - India
- PowerSource Philippines DevCo
- Eastern Coal Council - USA
- Larsen & Toubro Limited - India
- Therma Luzon, Inc, Philippines
- Uttam Galva Steels Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- International Coal Ventures Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Bharathi Cement Corporation - India
- Kapuas Tunggal Persada - Indonesia
- Bhushan Steel Limited - India
- Energy Development Corp, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Marubeni Corporation - India
- Eastern Energy - Thailand
- Karaikal Port Pvt Ltd - India
- Directorate Of Revenue Intelligence - India
- McConnell Dowell - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- PNOC Exploration Corporation - Philippines
- Semirara Mining Corp, Philippines
- Kaltim Prima Coal - Indonesia
- PTC India Limited - India
- ASAPP Information Group - India
- Sree Jayajothi Cements Limited - India
- SN Aboitiz Power Inc, Philippines
- Tamil Nadu electricity Board
- Goldman Sachs - Singapore
- Antam Resourcindo - Indonesia
- Global Green Power PLC Corporation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Indo Tambangraya Megah - Indonesia
- Intertek Mineral Services - Indonesia
- Gujarat Sidhee Cement - India
- Neyveli Lignite Corporation Ltd, - India
- Minerals Council of Australia
- Savvy Resources Ltd - HongKong
- Jorong Barutama Greston.PT - Indonesia
- Oldendorff Carriers - Singapore
- Banpu Public Company Limited - Thailand
- Bangladesh Power Developement Board
- Bhoruka Overseas - Indonesia
- Indian Oil Corporation Limited
- Videocon Industries ltd - India
- Toyota Tsusho Corporation, Japan
- Holcim Trading Pte Ltd - Singapore
- Lanco Infratech Ltd - India
- Barasentosa Lestari - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Georgia Ports Authority, United States
- Miang Besar Coal Terminal - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Bahari Cakrawala Sebuku - Indonesia
- ICICI Bank Limited - India
- LBH Netherlands Bv - Netherlands
- Planning Commission, India
- Parliament of New Zealand
- Altura Mining Limited, Indonesia
- Alfred C Toepfer International GmbH - Germany
- Central Electricity Authority - India
- Orica Australia Pty. Ltd.
- Agrawal Coal Company - India
- Maheswari Brothers Coal Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Madhucon Powers Ltd - India
- Riau Bara Harum - Indonesia
- New Zealand Coal & Carbon
- Edison Trading Spa - Italy
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- OPG Power Generation Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Rio Tinto Coal - Australia
- Xindia Steels Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Bulk Trading Sa - Switzerland
- Coastal Gujarat Power Limited - India
- Ind-Barath Power Infra Limited - India
- Commonwealth Bank - Australia
- Salva Resources Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- IEA Clean Coal Centre - UK
- Kepco SPC Power Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kumho Petrochemical, South Korea
- Singapore Mercantile Exchange
- Bhatia International Limited - India
- Ceylon Electricity Board - Sri Lanka
- IHS Mccloskey Coal Group - USA
- Timah Investasi Mineral - Indoneisa
- Africa Commodities Group - South Africa
- VISA Power Limited - India
- Kideco Jaya Agung - Indonesia
- South Luzon Thermal Energy Corporation
- Baramulti Group, Indonesia
- Kartika Selabumi Mining - Indonesia
- Ambuja Cements Ltd - India
- Dalmia Cement Bharat India
- Mjunction Services Limited - India
- Sindya Power Generating Company Private Ltd
- SMC Global Power, Philippines
- Billiton Holdings Pty Ltd - Australia
- Star Paper Mills Limited - India
- Interocean Group of Companies - India
- London Commodity Brokers - England
- Cigading International Bulk Terminal - Indonesia
- Carbofer General Trading SA - India
- Simpson Spence & Young - Indonesia
- Ministry of Transport, Egypt
- Deloitte Consulting - India
- MS Steel International - UAE
- CNBM International Corporation - China
- Ministry of Finance - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Grasim Industreis Ltd - India
- Mercuria Energy - Indonesia
- Central Java Power - Indonesia
- Merrill Lynch Commodities Europe
- Makarim & Taira - Indonesia
- Ministry of Mines - Canada
- Kobexindo Tractors - Indoneisa
- Meenaskhi Energy Private Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Wood Mackenzie - Singapore
- Maharashtra Electricity Regulatory Commission - India
- Petron Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Meralco Power Generation, Philippines
- Attock Cement Pakistan Limited
- SMG Consultants - Indonesia
- Vedanta Resources Plc - India
- Straits Asia Resources Limited - Singapore
- San Jose City I Power Corp, Philippines
- The State Trading Corporation of India Ltd
- Thiess Contractors Indonesia
- Leighton Contractors Pty Ltd - Australia
- Vizag Seaport Private Limited - India
- Siam City Cement PLC, Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Chettinad Cement Corporation Ltd - India
- Aboitiz Power Corporation - Philippines
- AsiaOL BioFuels Corp., Philippines
- GVK Power & Infra Limited - India
- Bukit Makmur.PT - Indonesia
- Tata Chemicals Ltd - India
- Aditya Birla Group - India
- Economic Council, Georgia
- Sojitz Corporation - Japan
- Standard Chartered Bank - UAE
- Global Coal Blending Company Limited - Australia
- Kohat Cement Company Ltd. - Pakistan
- Sakthi Sugars Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Jaiprakash Power Ventures ltd
- Pendopo Energi Batubara - Indonesia
- Global Business Power Corporation, Philippines
- Power Finance Corporation Ltd., India
- Coalindo Energy - Indonesia
- Sical Logistics Limited - India
- Posco Energy - South Korea
- The University of Queensland
- Siam City Cement - Thailand
- Electricity Authority, New Zealand
- White Energy Company Limited
- Thai Mozambique Logistica
- CIMB Investment Bank - Malaysia
- Electricity Generating Authority of Thailand
- Indian Energy Exchange, India
- The Treasury - Australian Government
- Port Waratah Coal Services - Australia
- Binh Thuan Hamico - Vietnam
- Krishnapatnam Port Company Ltd. - India
- Mercator Lines Limited - India
- Mintek Dendrill Indonesia
- Borneo Indobara - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Wilmar Investment Holdings
- Australian Commodity Traders Exchange
- Australian Coal Association
- Asmin Koalindo Tuhup - Indonesia
- Indika Energy - Indonesia
- Indonesian Coal Mining Association
- Parry Sugars Refinery, India
- Coal and Oil Company - UAE
- Sinarmas Energy and Mining - Indonesia
- Trasteel International SA, Italy
- Energy Link Ltd, New Zealand
- Medco Energi Mining Internasional
- India Bulls Power Limited - India
- Renaissance Capital - South Africa
- Orica Mining Services - Indonesia
- Independent Power Producers Association of India
- European Bulk Services B.V. - Netherlands
- Price Waterhouse Coopers - Russia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bukit Baiduri Energy - Indonesia
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