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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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Monday, 08 June 15
SHIPPING FLEET GROWTH HAS STARTED TO SLOW DOWN, AS NEWBUILDINGS AMOUNT TO JUST 329 SHIPS OF ALL TYPES SINCE THE START OF 2015 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Challenging market conditions have led to the inevitable reconsideration of ship owners’ priorities. Uncertainty has been the norm over the p ...
Monday, 08 June 15
API 5 FOB NEWCASTLE COAL SWAPS ADVANCED M-O-M AND W-O-W
COALspot.com: API 5 FOB Newcastle Coal swap for Q3’ 2015 delivery increased US$ 0.65 per MT (1.44%) month over month to US$ 45.65 per mt. The ...
Monday, 08 June 15
Q3'15 CFR SOUTH CHINA COAL SWAP ADVANCED 3.51% TO $52.48 PMT THIS PAST WEEK
COALspot.com: API 8 CFR South China Coal swap for Q3’ 2015 delivery rose US$ 1.78 (3.51%) per MT month over month.
A commodity swap is a ...
Sunday, 07 June 15
PANAMAX INDEX ROSE OVER 13% THIS WEEK
COALspot.com: The freight market was up on all segments this past week. The BDI was advanced 3.56% and closed at 610 points. The Cape Index was cli ...
Friday, 05 June 15
U.S PRODUCED 15.1 MMST OF COAL THIS PAST WEEK; LESS 20.7% COMPARED TO SAME PERIOD IN 2014
COALspot.com – United States the second largest coal producer in the world has produced approximately totalled an estimated 15.1 million shor ...
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- Asia Pacific Energy Resources Ventures Inc, Philippines
- Indian Oil Corporation Limited
- Jindal Steel & Power Ltd - India
- London Commodity Brokers - England
- Toyota Tsusho Corporation, Japan
- Attock Cement Pakistan Limited
- GAC Shipping (India) Pvt Ltd
- PNOC Exploration Corporation - Philippines
- Trasteel International SA, Italy
- Directorate General of MIneral and Coal - Indonesia
- IEA Clean Coal Centre - UK
- Xindia Steels Limited - India
- Ceylon Electricity Board - Sri Lanka
- The Treasury - Australian Government
- Metalloyd Limited - United Kingdom
- Iligan Light & Power Inc, Philippines
- Marubeni Corporation - India
- AsiaOL BioFuels Corp., Philippines
- Thai Mozambique Logistica
- Cement Manufacturers Association - India
- OPG Power Generation Pvt Ltd - India
- Dalmia Cement Bharat India
- Bhoruka Overseas - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- The University of Queensland
- Vizag Seaport Private Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Heidelberg Cement - Germany
- Anglo American - United Kingdom
- Gujarat Mineral Development Corp Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- Independent Power Producers Association of India
- Videocon Industries ltd - India
- ICICI Bank Limited - India
- Kumho Petrochemical, South Korea
- Global Business Power Corporation, Philippines
- Interocean Group of Companies - India
- Coastal Gujarat Power Limited - India
- Parliament of New Zealand
- Manunggal Multi Energi - Indonesia
- Tamil Nadu electricity Board
- IHS Mccloskey Coal Group - USA
- Bulk Trading Sa - Switzerland
- Therma Luzon, Inc, Philippines
- Riau Bara Harum - Indonesia
- Madhucon Powers Ltd - India
- Savvy Resources Ltd - HongKong
- Eastern Coal Council - USA
- Commonwealth Bank - Australia
- International Coal Ventures Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Tata Chemicals Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- GVK Power & Infra Limited - India
- Gujarat Electricity Regulatory Commission - India
- Georgia Ports Authority, United States
- Africa Commodities Group - South Africa
- Chamber of Mines of South Africa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ambuja Cements Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Electricity Authority, New Zealand
- Goldman Sachs - Singapore
- Gujarat Sidhee Cement - India
- Global Green Power PLC Corporation, Philippines
- Deloitte Consulting - India
- PTC India Limited - India
- Vedanta Resources Plc - India
- Kobexindo Tractors - Indoneisa
- White Energy Company Limited
- Essar Steel Hazira Ltd - India
- Globalindo Alam Lestari - Indonesia
- Kideco Jaya Agung - Indonesia
- Mintek Dendrill Indonesia
- Energy Link Ltd, New Zealand
- Electricity Generating Authority of Thailand
- MS Steel International - UAE
- Semirara Mining and Power Corporation, Philippines
- Merrill Lynch Commodities Europe
- Grasim Industreis Ltd - India
- Larsen & Toubro Limited - India
- Indogreen Group - Indonesia
- Formosa Plastics Group - Taiwan
- Ind-Barath Power Infra Limited - India
- The State Trading Corporation of India Ltd
- Jorong Barutama Greston.PT - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Energy Development Corp, Philippines
- Mercuria Energy - Indonesia
- Meralco Power Generation, Philippines
- Leighton Contractors Pty Ltd - Australia
- Lanco Infratech Ltd - India
- Sojitz Corporation - Japan
- Renaissance Capital - South Africa
- Singapore Mercantile Exchange
- Carbofer General Trading SA - India
- Cigading International Bulk Terminal - Indonesia
- Antam Resourcindo - Indonesia
- Indian Energy Exchange, India
- Intertek Mineral Services - Indonesia
- Petron Corporation, Philippines
- Binh Thuan Hamico - Vietnam
- Altura Mining Limited, Indonesia
- Ministry of Mines - Canada
- Bhatia International Limited - India
- Sree Jayajothi Cements Limited - India
- Orica Mining Services - Indonesia
- Aditya Birla Group - India
- Indonesian Coal Mining Association
- Krishnapatnam Port Company Ltd. - India
- Sical Logistics Limited - India
- Medco Energi Mining Internasional
- Siam City Cement PLC, Thailand
- Karbindo Abesyapradhi - Indoneisa
- Maharashtra Electricity Regulatory Commission - India
- GN Power Mariveles Coal Plant, Philippines
- Orica Australia Pty. Ltd.
- India Bulls Power Limited - India
- Straits Asia Resources Limited - Singapore
- Timah Investasi Mineral - Indoneisa
- Petrochimia International Co. Ltd.- Taiwan
- Latin American Coal - Colombia
- Pendopo Energi Batubara - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Thiess Contractors Indonesia
- Economic Council, Georgia
- Power Finance Corporation Ltd., India
- Karaikal Port Pvt Ltd - India
- Star Paper Mills Limited - India
- Indo Tambangraya Megah - Indonesia
- Siam City Cement - Thailand
- Miang Besar Coal Terminal - Indonesia
- Banpu Public Company Limited - Thailand
- Directorate Of Revenue Intelligence - India
- Sindya Power Generating Company Private Ltd
- Mercator Lines Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Parry Sugars Refinery, India
- Rashtriya Ispat Nigam Limited - India
- Posco Energy - South Korea
- Baramulti Group, Indonesia
- Price Waterhouse Coopers - Russia
- Australian Commodity Traders Exchange
- Maheswari Brothers Coal Limited - India
- Bayan Resources Tbk. - Indonesia
- Holcim Trading Pte Ltd - Singapore
- McConnell Dowell - Australia
- Ministry of Finance - Indonesia
- CIMB Investment Bank - Malaysia
- European Bulk Services B.V. - Netherlands
- Bukit Asam (Persero) Tbk - Indonesia
- Planning Commission, India
- Barasentosa Lestari - Indonesia
- Mjunction Services Limited - India
- VISA Power Limited - India
- Kohat Cement Company Ltd. - Pakistan
- CNBM International Corporation - China
- Salva Resources Pvt Ltd - India
- Rio Tinto Coal - Australia
- SMC Global Power, Philippines
- LBH Netherlands Bv - Netherlands
- Coal and Oil Company - UAE
- Borneo Indobara - Indonesia
- GMR Energy Limited - India
- San Jose City I Power Corp, Philippines
- Central Electricity Authority - India
- Minerals Council of Australia
- Aboitiz Power Corporation - Philippines
- Meenaskhi Energy Private Limited - India
- Bharathi Cement Corporation - India
- Coalindo Energy - Indonesia
- Standard Chartered Bank - UAE
- Sarangani Energy Corporation, Philippines
- New Zealand Coal & Carbon
- Edison Trading Spa - Italy
- Bukit Makmur.PT - Indonesia
- SMG Consultants - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Agrawal Coal Company - India
- Uttam Galva Steels Limited - India
- Romanian Commodities Exchange
- Asmin Koalindo Tuhup - Indonesia
- SN Aboitiz Power Inc, Philippines
- South Luzon Thermal Energy Corporation
- Bukit Baiduri Energy - Indonesia
- TeaM Sual Corporation - Philippines
- Chettinad Cement Corporation Ltd - India
- Kaltim Prima Coal - Indonesia
- Global Coal Blending Company Limited - Australia
- Simpson Spence & Young - Indonesia
- Indika Energy - Indonesia
- Bangladesh Power Developement Board
- Eastern Energy - Thailand
- ASAPP Information Group - India
- Wilmar Investment Holdings
- Australian Coal Association
- Samtan Co., Ltd - South Korea
- Jaiprakash Power Ventures ltd
- PetroVietnam Power Coal Import and Supply Company
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Port Waratah Coal Services - Australia
- Oldendorff Carriers - Singapore
- Bhushan Steel Limited - India
- Wood Mackenzie - Singapore
- Alfred C Toepfer International GmbH - Germany
- Semirara Mining Corp, Philippines
- PowerSource Philippines DevCo
- Makarim & Taira - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Ministry of Transport, Egypt
- Kepco SPC Power Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Sakthi Sugars Limited - India
- Central Java Power - Indonesia
- Malabar Cements Ltd - India
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