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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, 26 June 15
INDONESIA COAL PRODUCTION FALLS BETWEEN JAN-MAY : JG
The Ministry of Energy and Mineral Resources announced that coal production declined to 166 million tons between January and May, a 19 percent drop ...
Friday, 26 June 15
COAL PRODUCTION IN THE U.S ROSE 6.0% WEEK OVER WEEK, SAYS EIA
COALspot.com – United States the second largest coal producer in the world has produced approximately totaled an estimated 16.3 million short ...
Thursday, 25 June 15
THE PORT OF NEWCASTLE SHIPPED 13.31% MORE COAL IN MAY 2015 COMPARED TO APRIL 2015
COALspot.com: The Port of Newcastle, Australia’s major trading ports and the world’s largest coal export port, has shipped $1.18 billio ...
Thursday, 25 June 15
CAPESIZE: PERIOD INTEREST REMAINED STRONG FOR A SECOND WEEK - INTERMODAL
COALspot.com: Following those depressive last six months, the BDI closed off on last Friday noting a substantial weekly increase, which pushed the ...
Wednesday, 24 June 15
PANAMAXES: THE OUTLOOK REMAINS NEGATIVE AS DEMAND FOR COAL IS DIMINISHING - YANNIS OLZIERSKY
As we get closer to the end of June, we can safely say that the 1st half of the year is leaving the dry bulk market with a bitter taste that we all ...
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- Bukit Asam (Persero) Tbk - Indonesia
- Bukit Baiduri Energy - Indonesia
- Bulk Trading Sa - Switzerland
- Romanian Commodities Exchange
- Wilmar Investment Holdings
- Carbofer General Trading SA - India
- Bayan Resources Tbk. - Indonesia
- Toyota Tsusho Corporation, Japan
- Sinarmas Energy and Mining - Indonesia
- Meralco Power Generation, Philippines
- Krishnapatnam Port Company Ltd. - India
- Indian Energy Exchange, India
- Bhatia International Limited - India
- Anglo American - United Kingdom
- Georgia Ports Authority, United States
- Sree Jayajothi Cements Limited - India
- Chamber of Mines of South Africa
- MS Steel International - UAE
- Grasim Industreis Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- Meenaskhi Energy Private Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Maheswari Brothers Coal Limited - India
- Petrochimia International Co. Ltd.- Taiwan
- Borneo Indobara - Indonesia
- Posco Energy - South Korea
- Sical Logistics Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- GMR Energy Limited - India
- Australian Commodity Traders Exchange
- VISA Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Indonesian Coal Mining Association
- Uttam Galva Steels Limited - India
- Baramulti Group, Indonesia
- Indo Tambangraya Megah - Indonesia
- Larsen & Toubro Limited - India
- The State Trading Corporation of India Ltd
- Semirara Mining and Power Corporation, Philippines
- Gujarat Sidhee Cement - India
- GN Power Mariveles Coal Plant, Philippines
- Sindya Power Generating Company Private Ltd
- CIMB Investment Bank - Malaysia
- Aditya Birla Group - India
- IHS Mccloskey Coal Group - USA
- Attock Cement Pakistan Limited
- Commonwealth Bank - Australia
- Trasteel International SA, Italy
- Malabar Cements Ltd - India
- Therma Luzon, Inc, Philippines
- Orica Mining Services - Indonesia
- Barasentosa Lestari - Indonesia
- Eastern Coal Council - USA
- Ministry of Finance - Indonesia
- Kaltim Prima Coal - Indonesia
- PTC India Limited - India
- South Luzon Thermal Energy Corporation
- Petron Corporation, Philippines
- Vizag Seaport Private Limited - India
- The Treasury - Australian Government
- AsiaOL BioFuels Corp., Philippines
- Coal and Oil Company - UAE
- Globalindo Alam Lestari - Indonesia
- White Energy Company Limited
- Renaissance Capital - South Africa
- Global Green Power PLC Corporation, Philippines
- Central Java Power - Indonesia
- Singapore Mercantile Exchange
- Bangladesh Power Developement Board
- Ind-Barath Power Infra Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Formosa Plastics Group - Taiwan
- Electricity Authority, New Zealand
- Gujarat Mineral Development Corp Ltd - India
- Indika Energy - Indonesia
- Standard Chartered Bank - UAE
- Holcim Trading Pte Ltd - Singapore
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Port Waratah Coal Services - Australia
- Altura Mining Limited, Indonesia
- Banpu Public Company Limited - Thailand
- International Coal Ventures Pvt Ltd - India
- Wood Mackenzie - Singapore
- Kartika Selabumi Mining - Indonesia
- Bhushan Steel Limited - India
- Siam City Cement - Thailand
- Antam Resourcindo - Indonesia
- Ambuja Cements Ltd - India
- Mjunction Services Limited - India
- Thai Mozambique Logistica
- Sarangani Energy Corporation, Philippines
- New Zealand Coal & Carbon
- Global Business Power Corporation, Philippines
- Karaikal Port Pvt Ltd - India
- Mintek Dendrill Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Goldman Sachs - Singapore
- Marubeni Corporation - India
- Jindal Steel & Power Ltd - India
- European Bulk Services B.V. - Netherlands
- Global Coal Blending Company Limited - Australia
- Electricity Generating Authority of Thailand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Metalloyd Limited - United Kingdom
- Kobexindo Tractors - Indoneisa
- PowerSource Philippines DevCo
- Independent Power Producers Association of India
- Power Finance Corporation Ltd., India
- Pipit Mutiara Jaya. PT, Indonesia
- SMG Consultants - Indonesia
- Mercator Lines Limited - India
- Orica Australia Pty. Ltd.
- Iligan Light & Power Inc, Philippines
- Eastern Energy - Thailand
- Chettinad Cement Corporation Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Lanco Infratech Ltd - India
- Coalindo Energy - Indonesia
- Binh Thuan Hamico - Vietnam
- Kalimantan Lumbung Energi - Indonesia
- LBH Netherlands Bv - Netherlands
- Alfred C Toepfer International GmbH - Germany
- SN Aboitiz Power Inc, Philippines
- Salva Resources Pvt Ltd - India
- Videocon Industries ltd - India
- Sakthi Sugars Limited - India
- Siam City Cement PLC, Thailand
- Bharathi Cement Corporation - India
- Oldendorff Carriers - Singapore
- Central Electricity Authority - India
- Sojitz Corporation - Japan
- Miang Besar Coal Terminal - Indonesia
- Simpson Spence & Young - Indonesia
- Madhucon Powers Ltd - India
- Merrill Lynch Commodities Europe
- Australian Coal Association
- CNBM International Corporation - China
- SMC Global Power, Philippines
- Kapuas Tunggal Persada - Indonesia
- Economic Council, Georgia
- Edison Trading Spa - Italy
- Asmin Koalindo Tuhup - Indonesia
- Savvy Resources Ltd - HongKong
- Interocean Group of Companies - India
- Parry Sugars Refinery, India
- TNB Fuel Sdn Bhd - Malaysia
- Price Waterhouse Coopers - Russia
- Gujarat Electricity Regulatory Commission - India
- Africa Commodities Group - South Africa
- Aboitiz Power Corporation - Philippines
- Agrawal Coal Company - India
- PNOC Exploration Corporation - Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- IEA Clean Coal Centre - UK
- Ceylon Electricity Board - Sri Lanka
- GVK Power & Infra Limited - India
- Thiess Contractors Indonesia
- Bhoruka Overseas - Indonesia
- Essar Steel Hazira Ltd - India
- Minerals Council of Australia
- Bukit Makmur.PT - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Xindia Steels Limited - India
- Jaiprakash Power Ventures ltd
- Kumho Petrochemical, South Korea
- TeaM Sual Corporation - Philippines
- Rashtriya Ispat Nigam Limited - India
- Riau Bara Harum - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Tamil Nadu electricity Board
- Planning Commission, India
- Samtan Co., Ltd - South Korea
- Mercuria Energy - Indonesia
- India Bulls Power Limited - India
- Energy Link Ltd, New Zealand
- Parliament of New Zealand
- San Jose City I Power Corp, Philippines
- Indogreen Group - Indonesia
- Vedanta Resources Plc - India
- Energy Development Corp, Philippines
- OPG Power Generation Pvt Ltd - India
- Medco Energi Mining Internasional
- Indian Oil Corporation Limited
- Kepco SPC Power Corporation, Philippines
- Cement Manufacturers Association - India
- Semirara Mining Corp, Philippines
- Coastal Gujarat Power Limited - India
- Ministry of Transport, Egypt
- Kideco Jaya Agung - Indonesia
- The University of Queensland
- Tata Chemicals Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Straits Asia Resources Limited - Singapore
- Latin American Coal - Colombia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Pendopo Energi Batubara - Indonesia
- Makarim & Taira - Indonesia
- Directorate Of Revenue Intelligence - India
- Cigading International Bulk Terminal - Indonesia
- Deloitte Consulting - India
- Dalmia Cement Bharat India
- Billiton Holdings Pty Ltd - Australia
- GAC Shipping (India) Pvt Ltd
- Manunggal Multi Energi - Indonesia
- ASAPP Information Group - India
- Ministry of Mines - Canada
- Timah Investasi Mineral - Indoneisa
- Rio Tinto Coal - Australia
- McConnell Dowell - Australia
- Heidelberg Cement - Germany
- Star Paper Mills Limited - India
- Intertek Mineral Services - Indonesia
- London Commodity Brokers - England
- PetroVietnam Power Coal Import and Supply Company
- ICICI Bank Limited - India
- Maharashtra Electricity Regulatory Commission - India
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