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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, 01 June 15
API 5 FOB NEWCASTLE COAL SWAP; Q1'16 CLOSED LOWER COMPARED TO Q3'15
COALspot.com: API 5 FOB Newcastle Coal swap for Q3’ 2015 delivery gained US$ 0.36 per MT (0.80%) month over month. The swap was closed at US$ ...
Monday, 01 June 15
CFR SOUTH CHINA COAL SWAP: GAINED W-W, M-M; Q1'16 CLOSED HIGHER THAN Q3'15
COALspot.com: API 8 CFR South China Coal swap for Q3’ 2015 delivery up US$ 1.15 (2.26%) per MT month over month.
A commodity swap is a f ...
Sunday, 31 May 15
CAPE AND PANAMAX SEGMENTS SLIDE CONTINUES
COALspot.com: The BDI was up about 0.5 pct week on week and closed at 589 points while the cape index was fell 0.73 pct and closed at 810 po ...
Friday, 29 May 15
DRY BULK MARKET IS THE VICTIM OF A SHIFT IN DEMAND - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
The fall in dry bulk freight rates is attributed, in large part, to the substantial decrease of China’s thermal coal imports, a major commodi ...
Friday, 29 May 15
COAL PRODUCTION IN THE U.S. ALMOST FLAT THIS PAST WEEK
COALspot.com – United States the second largest coal producer in the world has produced approximately totaled an estimated 16.1 million short ...
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- Standard Chartered Bank - UAE
- PNOC Exploration Corporation - Philippines
- Singapore Mercantile Exchange
- PTC India Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- ASAPP Information Group - India
- Jaiprakash Power Ventures ltd
- Bukit Baiduri Energy - Indonesia
- Eastern Coal Council - USA
- Maharashtra Electricity Regulatory Commission - India
- Commonwealth Bank - Australia
- Australian Coal Association
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- White Energy Company Limited
- Agrawal Coal Company - India
- The Treasury - Australian Government
- Indian Energy Exchange, India
- Global Business Power Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Alfred C Toepfer International GmbH - Germany
- Krishnapatnam Port Company Ltd. - India
- Ministry of Transport, Egypt
- Central Java Power - Indonesia
- The State Trading Corporation of India Ltd
- Bukit Asam (Persero) Tbk - Indonesia
- Minerals Council of Australia
- Siam City Cement PLC, Thailand
- Salva Resources Pvt Ltd - India
- Trasteel International SA, Italy
- Rashtriya Ispat Nigam Limited - India
- Kartika Selabumi Mining - Indonesia
- Larsen & Toubro Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Indo Tambangraya Megah - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Globalindo Alam Lestari - Indonesia
- Grasim Industreis Ltd - India
- VISA Power Limited - India
- Orica Mining Services - Indonesia
- SMG Consultants - Indonesia
- Anglo American - United Kingdom
- Maheswari Brothers Coal Limited - India
- Sakthi Sugars Limited - India
- Marubeni Corporation - India
- Star Paper Mills Limited - India
- Bhoruka Overseas - Indonesia
- Electricity Generating Authority of Thailand
- CNBM International Corporation - China
- Chettinad Cement Corporation Ltd - India
- Eastern Energy - Thailand
- Energy Development Corp, Philippines
- GVK Power & Infra Limited - India
- Semirara Mining Corp, Philippines
- Price Waterhouse Coopers - Russia
- Samtan Co., Ltd - South Korea
- Ministry of Mines - Canada
- Kohat Cement Company Ltd. - Pakistan
- Banpu Public Company Limited - Thailand
- Merrill Lynch Commodities Europe
- GMR Energy Limited - India
- Malabar Cements Ltd - India
- Gujarat Sidhee Cement - India
- Essar Steel Hazira Ltd - India
- Sojitz Corporation - Japan
- Uttam Galva Steels Limited - India
- Energy Link Ltd, New Zealand
- Chamber of Mines of South Africa
- Kalimantan Lumbung Energi - Indonesia
- Tamil Nadu electricity Board
- Deloitte Consulting - India
- Central Electricity Authority - India
- Bhatia International Limited - India
- Videocon Industries ltd - India
- Gujarat Mineral Development Corp Ltd - India
- New Zealand Coal & Carbon
- India Bulls Power Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Parliament of New Zealand
- Mjunction Services Limited - India
- Gujarat Electricity Regulatory Commission - India
- Aditya Birla Group - India
- International Coal Ventures Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Carbofer General Trading SA - India
- Kaltim Prima Coal - Indonesia
- Latin American Coal - Colombia
- Economic Council, Georgia
- Pipit Mutiara Jaya. PT, Indonesia
- Wilmar Investment Holdings
- Planning Commission, India
- Romanian Commodities Exchange
- Ambuja Cements Ltd - India
- The University of Queensland
- Siam City Cement - Thailand
- Savvy Resources Ltd - HongKong
- Timah Investasi Mineral - Indoneisa
- Miang Besar Coal Terminal - Indonesia
- Interocean Group of Companies - India
- Jorong Barutama Greston.PT - Indonesia
- Indian Oil Corporation Limited
- Bukit Makmur.PT - Indonesia
- Orica Australia Pty. Ltd.
- Riau Bara Harum - Indonesia
- CIMB Investment Bank - Malaysia
- Ceylon Electricity Board - Sri Lanka
- Power Finance Corporation Ltd., India
- Simpson Spence & Young - Indonesia
- Pendopo Energi Batubara - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Rio Tinto Coal - Australia
- Mercator Lines Limited - India
- AsiaOL BioFuels Corp., Philippines
- Medco Energi Mining Internasional
- Kumho Petrochemical, South Korea
- Sree Jayajothi Cements Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Australian Commodity Traders Exchange
- Therma Luzon, Inc, Philippines
- Makarim & Taira - Indonesia
- Lanco Infratech Ltd - India
- Kepco SPC Power Corporation, Philippines
- Heidelberg Cement - Germany
- Binh Thuan Hamico - Vietnam
- IHS Mccloskey Coal Group - USA
- Madhucon Powers Ltd - India
- Africa Commodities Group - South Africa
- Tata Chemicals Ltd - India
- Directorate Of Revenue Intelligence - India
- Attock Cement Pakistan Limited
- Manunggal Multi Energi - Indonesia
- Xindia Steels Limited - India
- Iligan Light & Power Inc, Philippines
- Indogreen Group - Indonesia
- Bangladesh Power Developement Board
- PowerSource Philippines DevCo
- Bank of Tokyo Mitsubishi UFJ Ltd
- Dalmia Cement Bharat India
- SN Aboitiz Power Inc, Philippines
- Coalindo Energy - Indonesia
- Electricity Authority, New Zealand
- PetroVietnam Power Coal Import and Supply Company
- Coastal Gujarat Power Limited - India
- Vizag Seaport Private Limited - India
- Mintek Dendrill Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Kideco Jaya Agung - Indonesia
- Wood Mackenzie - Singapore
- Sindya Power Generating Company Private Ltd
- South Luzon Thermal Energy Corporation
- Directorate General of MIneral and Coal - Indonesia
- Posco Energy - South Korea
- Billiton Holdings Pty Ltd - Australia
- Sical Logistics Limited - India
- Meenaskhi Energy Private Limited - India
- McConnell Dowell - Australia
- Indika Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Goldman Sachs - Singapore
- Bahari Cakrawala Sebuku - Indonesia
- Ministry of Finance - Indonesia
- European Bulk Services B.V. - Netherlands
- Thai Mozambique Logistica
- Formosa Plastics Group - Taiwan
- OPG Power Generation Pvt Ltd - India
- Independent Power Producers Association of India
- Baramulti Group, Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Straits Asia Resources Limited - Singapore
- Ind-Barath Power Infra Limited - India
- Edison Trading Spa - Italy
- Bharathi Cement Corporation - India
- Oldendorff Carriers - Singapore
- Antam Resourcindo - Indonesia
- Altura Mining Limited, Indonesia
- TeaM Sual Corporation - Philippines
- Global Coal Blending Company Limited - Australia
- Bhushan Steel Limited - India
- Vedanta Resources Plc - India
- Georgia Ports Authority, United States
- Indonesian Coal Mining Association
- Cement Manufacturers Association - India
- ICICI Bank Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- San Jose City I Power Corp, Philippines
- MS Steel International - UAE
- Karbindo Abesyapradhi - Indoneisa
- GAC Shipping (India) Pvt Ltd
- Holcim Trading Pte Ltd - Singapore
- Meralco Power Generation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- SMC Global Power, Philippines
- LBH Netherlands Bv - Netherlands
- Parry Sugars Refinery, India
- Bulk Trading Sa - Switzerland
- Vijayanagar Sugar Pvt Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Aboitiz Power Corporation - Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kobexindo Tractors - Indoneisa
- Coal and Oil Company - UAE
- Sarangani Energy Corporation, Philippines
- Renaissance Capital - South Africa
- Thiess Contractors Indonesia
- Barasentosa Lestari - Indonesia
- Petron Corporation, Philippines
- Mercuria Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- IEA Clean Coal Centre - UK
- London Commodity Brokers - England
- Intertek Mineral Services - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Borneo Indobara - Indonesia
- Metalloyd Limited - United Kingdom
- Cigading International Bulk Terminal - Indonesia
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