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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, 17 July 15
DO CANCELLATION RIGHTS UNDER VOYAGE CHARTERPARTY SURVIVE RE-NOMINATION OF LOAD PORT? - INCE&CO
KNOWLEDGE TO ELEVATE
Do cancellation rights under voyage charterparty survive re-nomination of load port?
St Shipping & Transport Inc ...
Thursday, 16 July 15
INDONESIA'S HBA HITS ALL-TIME LOW OF $59.16 PER METRIC TON IN JULY 2015
COALspot.com - The Director General of Mineral and Coal of Indonesia revised down Indonesian coal benchmark price once again to US$ 59.16 pe ...
Thursday, 16 July 15
FOB RICHARDS BAY COAL SWAPS DECLINE W-O-W, M-O-M
COALspot.com: API4 FOB Richards Bay Coal swap for delivery Q3' 2015 declined month over month and week over week.
The Q3 swap was down US$ ...
Wednesday, 15 July 15
WEEKLY SHIPPING MARKET INSIGHT - INTERMODAL
The last few weeks have been rather strenuous for Greece and China, each for their own reasons, affecting most markets around the world. In Greece ...
Wednesday, 15 July 15
IRAN OIL RECOVERY TO TAKE YEARS, BUT COULD START IN 2016 - FITCH
Iranian crude oil production is likely to increase in 2016 but will take a number of years to reach its previous peak, Fitch Ratings says.
The ...
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- Grasim Industreis Ltd - India
- Jaiprakash Power Ventures ltd
- Coal and Oil Company - UAE
- CIMB Investment Bank - Malaysia
- Maharashtra Electricity Regulatory Commission - India
- Petron Corporation, Philippines
- Thai Mozambique Logistica
- Dalmia Cement Bharat India
- Kartika Selabumi Mining - Indonesia
- Sarangani Energy Corporation, Philippines
- Agrawal Coal Company - India
- Bhoruka Overseas - Indonesia
- Gujarat Sidhee Cement - India
- Goldman Sachs - Singapore
- Anglo American - United Kingdom
- Bangladesh Power Developement Board
- Samtan Co., Ltd - South Korea
- VISA Power Limited - India
- Intertek Mineral Services - Indonesia
- Deloitte Consulting - India
- Malabar Cements Ltd - India
- Antam Resourcindo - Indonesia
- Indian Oil Corporation Limited
- Riau Bara Harum - Indonesia
- Sojitz Corporation - Japan
- Aditya Birla Group - India
- Renaissance Capital - South Africa
- Kumho Petrochemical, South Korea
- Siam City Cement - Thailand
- LBH Netherlands Bv - Netherlands
- Directorate Of Revenue Intelligence - India
- GVK Power & Infra Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Australian Coal Association
- Rashtriya Ispat Nigam Limited - India
- Indian Energy Exchange, India
- Vedanta Resources Plc - India
- Energy Link Ltd, New Zealand
- Eastern Energy - Thailand
- Directorate General of MIneral and Coal - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Central Java Power - Indonesia
- Tamil Nadu electricity Board
- Aboitiz Power Corporation - Philippines
- Economic Council, Georgia
- Rio Tinto Coal - Australia
- Borneo Indobara - Indonesia
- Sakthi Sugars Limited - India
- Electricity Authority, New Zealand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Ceylon Electricity Board - Sri Lanka
- Madhucon Powers Ltd - India
- Bharathi Cement Corporation - India
- Bukit Makmur.PT - Indonesia
- MS Steel International - UAE
- Parry Sugars Refinery, India
- India Bulls Power Limited - India
- Heidelberg Cement - Germany
- Binh Thuan Hamico - Vietnam
- Savvy Resources Ltd - HongKong
- Essar Steel Hazira Ltd - India
- Romanian Commodities Exchange
- Lanco Infratech Ltd - India
- Central Electricity Authority - India
- Africa Commodities Group - South Africa
- Vizag Seaport Private Limited - India
- Tata Chemicals Ltd - India
- Planning Commission, India
- SMG Consultants - Indonesia
- Carbofer General Trading SA - India
- Krishnapatnam Port Company Ltd. - India
- CNBM International Corporation - China
- Sree Jayajothi Cements Limited - India
- Indogreen Group - Indonesia
- Global Green Power PLC Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Minerals Council of Australia
- Chettinad Cement Corporation Ltd - India
- Port Waratah Coal Services - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ministry of Transport, Egypt
- PowerSource Philippines DevCo
- Sical Logistics Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- IEA Clean Coal Centre - UK
- Kaltim Prima Coal - Indonesia
- The University of Queensland
- PNOC Exploration Corporation - Philippines
- Mjunction Services Limited - India
- Edison Trading Spa - Italy
- Kobexindo Tractors - Indoneisa
- IHS Mccloskey Coal Group - USA
- Global Business Power Corporation, Philippines
- Cigading International Bulk Terminal - Indonesia
- Ambuja Cements Ltd - India
- Makarim & Taira - Indonesia
- Salva Resources Pvt Ltd - India
- Merrill Lynch Commodities Europe
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Meenaskhi Energy Private Limited - India
- The State Trading Corporation of India Ltd
- London Commodity Brokers - England
- Coalindo Energy - Indonesia
- Ministry of Mines - Canada
- Eastern Coal Council - USA
- Barasentosa Lestari - Indonesia
- Ind-Barath Power Infra Limited - India
- Altura Mining Limited, Indonesia
- Simpson Spence & Young - Indonesia
- Manunggal Multi Energi - Indonesia
- Cement Manufacturers Association - India
- Jorong Barutama Greston.PT - Indonesia
- Indika Energy - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Trasteel International SA, Italy
- Medco Energi Mining Internasional
- Therma Luzon, Inc, Philippines
- Toyota Tsusho Corporation, Japan
- Bhatia International Limited - India
- Baramulti Group, Indonesia
- San Jose City I Power Corp, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Energy Development Corp, Philippines
- Price Waterhouse Coopers - Russia
- Karaikal Port Pvt Ltd - India
- Electricity Generating Authority of Thailand
- Latin American Coal - Colombia
- OPG Power Generation Pvt Ltd - India
- ASAPP Information Group - India
- South Luzon Thermal Energy Corporation
- SMC Global Power, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Siam City Cement PLC, Thailand
- Meralco Power Generation, Philippines
- Formosa Plastics Group - Taiwan
- White Energy Company Limited
- Power Finance Corporation Ltd., India
- International Coal Ventures Pvt Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Kepco SPC Power Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- AsiaOL BioFuels Corp., Philippines
- Parliament of New Zealand
- Independent Power Producers Association of India
- Marubeni Corporation - India
- PetroVietnam Power Coal Import and Supply Company
- Bayan Resources Tbk. - Indonesia
- Standard Chartered Bank - UAE
- Globalindo Alam Lestari - Indonesia
- Indo Tambangraya Megah - Indonesia
- Straits Asia Resources Limited - Singapore
- Kalimantan Lumbung Energi - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Bhushan Steel Limited - India
- McConnell Dowell - Australia
- Orica Australia Pty. Ltd.
- PTC India Limited - India
- Mercator Lines Limited - India
- Uttam Galva Steels Limited - India
- Maheswari Brothers Coal Limited - India
- Gujarat Electricity Regulatory Commission - India
- GAC Shipping (India) Pvt Ltd
- The Treasury - Australian Government
- Videocon Industries ltd - India
- Oldendorff Carriers - Singapore
- Billiton Holdings Pty Ltd - Australia
- Australian Commodity Traders Exchange
- European Bulk Services B.V. - Netherlands
- Posco Energy - South Korea
- Mintek Dendrill Indonesia
- Wilmar Investment Holdings
- Interocean Group of Companies - India
- Singapore Mercantile Exchange
- Vijayanagar Sugar Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- Sinarmas Energy and Mining - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Gujarat Mineral Development Corp Ltd - India
- GMR Energy Limited - India
- TeaM Sual Corporation - Philippines
- Thiess Contractors Indonesia
- Alfred C Toepfer International GmbH - Germany
- Global Coal Blending Company Limited - Australia
- Sindya Power Generating Company Private Ltd
- Attock Cement Pakistan Limited
- Iligan Light & Power Inc, Philippines
- Commonwealth Bank - Australia
- SN Aboitiz Power Inc, Philippines
- Bulk Trading Sa - Switzerland
- Pendopo Energi Batubara - Indonesia
- Georgia Ports Authority, United States
- Xindia Steels Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Wood Mackenzie - Singapore
- Coastal Gujarat Power Limited - India
- Mercuria Energy - Indonesia
- Ministry of Finance - Indonesia
- New Zealand Coal & Carbon
- Star Paper Mills Limited - India
- Metalloyd Limited - United Kingdom
- Petrochimia International Co. Ltd.- Taiwan
- ICICI Bank Limited - India
- Karbindo Abesyapradhi - Indoneisa
- Kapuas Tunggal Persada - Indonesia
- Semirara Mining Corp, Philippines
- Semirara Mining and Power Corporation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indonesian Coal Mining Association
- Kideco Jaya Agung - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Chamber of Mines of South Africa
- Larsen & Toubro Limited - India
- Jindal Steel & Power Ltd - India
- Orica Mining Services - Indonesia
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