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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, 19 April 15
THE OCEAN FREIGHT MARKET SHOWED STEADY THIS WEEK
COALspot.com: The freight market was fairly steady this week. The BDI was up 2.93% to 597 points week over week. The cape index was also increased ...
Friday, 17 April 15
IHS ENERGY EUROPEAN COAL OUTLOOK CONFERENCE
Attend the IHS Energy European Coal Outlook Conference 19-20 May in Nice, France and learn about timely concerns in today’s coal industry.
...
Friday, 17 April 15
COAL PRODUCTION IN THE U.S. UP THIS PAST WEEK - EIA
COALspot.com – United States the second largest coal producer in the world has produced approximately totaled an estimated 18.0 million short ...
Thursday, 16 April 15
NEW COMMODITY SUPERHIGHWAY WILL EMERGE IN CHINA, ALTERING ENERGY TRADE FLOWS - WOOD MACKENZIE
Wood Mackenzie says that China’s Go West strategy – encouraging coastal to inland flow of capital and people - will result in the forma ...
Thursday, 16 April 15
SHIPPING DEMAND TO SUFFER AS CHINESE SLOWDOWN CONFIRMED SAYS BIMCO'S CHIEF SHIPPING ANALYST - BIMCO
The Chinese economy grew by 7.0% y-o-y in the first quarter of 2015, according to National Bureau of Statistics in China. This is the weakest overa ...
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- Holcim Trading Pte Ltd - Singapore
- Australian Commodity Traders Exchange
- ICICI Bank Limited - India
- Alfred C Toepfer International GmbH - Germany
- Essar Steel Hazira Ltd - India
- Central Electricity Authority - India
- Kalimantan Lumbung Energi - Indonesia
- Goldman Sachs - Singapore
- Kohat Cement Company Ltd. - Pakistan
- Ministry of Transport, Egypt
- Global Coal Blending Company Limited - Australia
- Madhucon Powers Ltd - India
- European Bulk Services B.V. - Netherlands
- Kapuas Tunggal Persada - Indonesia
- GAC Shipping (India) Pvt Ltd
- Gujarat Electricity Regulatory Commission - India
- VISA Power Limited - India
- Posco Energy - South Korea
- Indian Energy Exchange, India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Tamil Nadu electricity Board
- South Luzon Thermal Energy Corporation
- AsiaOL BioFuels Corp., Philippines
- Carbofer General Trading SA - India
- The State Trading Corporation of India Ltd
- Deloitte Consulting - India
- Renaissance Capital - South Africa
- Aditya Birla Group - India
- Maharashtra Electricity Regulatory Commission - India
- Power Finance Corporation Ltd., India
- New Zealand Coal & Carbon
- London Commodity Brokers - England
- Jaiprakash Power Ventures ltd
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Cement Manufacturers Association - India
- GVK Power & Infra Limited - India
- Interocean Group of Companies - India
- LBH Netherlands Bv - Netherlands
- Thai Mozambique Logistica
- Siam City Cement PLC, Thailand
- Bukit Makmur.PT - Indonesia
- Pendopo Energi Batubara - Indonesia
- Siam City Cement - Thailand
- Kideco Jaya Agung - Indonesia
- Ministry of Mines - Canada
- Indonesian Coal Mining Association
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bukit Baiduri Energy - Indonesia
- Indo Tambangraya Megah - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Sree Jayajothi Cements Limited - India
- Banpu Public Company Limited - Thailand
- Riau Bara Harum - Indonesia
- Bhoruka Overseas - Indonesia
- Electricity Generating Authority of Thailand
- Mintek Dendrill Indonesia
- Manunggal Multi Energi - Indonesia
- Port Waratah Coal Services - Australia
- Therma Luzon, Inc, Philippines
- MS Steel International - UAE
- Bahari Cakrawala Sebuku - Indonesia
- Ministry of Finance - Indonesia
- Global Business Power Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Bhushan Steel Limited - India
- Orica Australia Pty. Ltd.
- Energy Link Ltd, New Zealand
- Marubeni Corporation - India
- Barasentosa Lestari - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Sindya Power Generating Company Private Ltd
- GN Power Mariveles Coal Plant, Philippines
- Medco Energi Mining Internasional
- Indika Energy - Indonesia
- Coastal Gujarat Power Limited - India
- Eastern Coal Council - USA
- Orica Mining Services - Indonesia
- Agrawal Coal Company - India
- Leighton Contractors Pty Ltd - Australia
- Samtan Co., Ltd - South Korea
- Kartika Selabumi Mining - Indonesia
- Iligan Light & Power Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Bulk Trading Sa - Switzerland
- Tata Chemicals Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Planning Commission, India
- Global Green Power PLC Corporation, Philippines
- SN Aboitiz Power Inc, Philippines
- Meralco Power Generation, Philippines
- Aboitiz Power Corporation - Philippines
- Chamber of Mines of South Africa
- ASAPP Information Group - India
- Simpson Spence & Young - Indonesia
- Kobexindo Tractors - Indoneisa
- Toyota Tsusho Corporation, Japan
- PNOC Exploration Corporation - Philippines
- Ambuja Cements Ltd - India
- Malabar Cements Ltd - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Vedanta Resources Plc - India
- Australian Coal Association
- McConnell Dowell - Australia
- Antam Resourcindo - Indonesia
- Jindal Steel & Power Ltd - India
- Economic Council, Georgia
- Jorong Barutama Greston.PT - Indonesia
- Videocon Industries ltd - India
- Krishnapatnam Port Company Ltd. - India
- Petron Corporation, Philippines
- Indian Oil Corporation Limited
- TNB Fuel Sdn Bhd - Malaysia
- Parliament of New Zealand
- Mercator Lines Limited - India
- Georgia Ports Authority, United States
- Metalloyd Limited - United Kingdom
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Independent Power Producers Association of India
- Uttam Galva Steels Limited - India
- Directorate Of Revenue Intelligence - India
- Central Java Power - Indonesia
- Minerals Council of Australia
- Ceylon Electricity Board - Sri Lanka
- Attock Cement Pakistan Limited
- The Treasury - Australian Government
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Singapore Mercantile Exchange
- Latin American Coal - Colombia
- SMG Consultants - Indonesia
- San Jose City I Power Corp, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Coalindo Energy - Indonesia
- The University of Queensland
- Neyveli Lignite Corporation Ltd, - India
- Pipit Mutiara Jaya. PT, Indonesia
- Anglo American - United Kingdom
- Coal and Oil Company - UAE
- Asmin Koalindo Tuhup - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Binh Thuan Hamico - Vietnam
- Romanian Commodities Exchange
- Cigading International Bulk Terminal - Indonesia
- Mjunction Services Limited - India
- GMR Energy Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Borneo Indobara - Indonesia
- Timah Investasi Mineral - Indoneisa
- Standard Chartered Bank - UAE
- Mercuria Energy - Indonesia
- Straits Asia Resources Limited - Singapore
- Miang Besar Coal Terminal - Indonesia
- Rio Tinto Coal - Australia
- Wood Mackenzie - Singapore
- Africa Commodities Group - South Africa
- Semirara Mining and Power Corporation, Philippines
- CIMB Investment Bank - Malaysia
- Karbindo Abesyapradhi - Indoneisa
- Grasim Industreis Ltd - India
- SMC Global Power, Philippines
- Parry Sugars Refinery, India
- International Coal Ventures Pvt Ltd - India
- Star Paper Mills Limited - India
- Trasteel International SA, Italy
- India Bulls Power Limited - India
- Formosa Plastics Group - Taiwan
- Bayan Resources Tbk. - Indonesia
- Eastern Energy - Thailand
- Karaikal Port Pvt Ltd - India
- Intertek Mineral Services - Indonesia
- Sical Logistics Limited - India
- Indogreen Group - Indonesia
- Bharathi Cement Corporation - India
- Salva Resources Pvt Ltd - India
- White Energy Company Limited
- Baramulti Group, Indonesia
- Larsen & Toubro Limited - India
- TeaM Sual Corporation - Philippines
- Kaltim Prima Coal - Indonesia
- Sakthi Sugars Limited - India
- Sarangani Energy Corporation, Philippines
- Heidelberg Cement - Germany
- Meenaskhi Energy Private Limited - India
- Makarim & Taira - Indonesia
- Bukit Asam (Persero) Tbk - Indonesia
- PowerSource Philippines DevCo
- Semirara Mining Corp, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Wilmar Investment Holdings
- Gujarat Sidhee Cement - India
- Chettinad Cement Corporation Ltd - India
- Xindia Steels Limited - India
- CNBM International Corporation - China
- Energy Development Corp, Philippines
- PTC India Limited - India
- Oldendorff Carriers - Singapore
- Ind-Barath Power Infra Limited - India
- Billiton Holdings Pty Ltd - Australia
- Sojitz Corporation - Japan
- Bhatia International Limited - India
- Price Waterhouse Coopers - Russia
- Kepco SPC Power Corporation, Philippines
- IEA Clean Coal Centre - UK
- Edison Trading Spa - Italy
- Savvy Resources Ltd - HongKong
- Electricity Authority, New Zealand
- Dalmia Cement Bharat India
- Vizag Seaport Private Limited - India
- Altura Mining Limited, Indonesia
- Merrill Lynch Commodities Europe
- Bangladesh Power Developement Board
- Maheswari Brothers Coal Limited - India
- Lanco Infratech Ltd - India
- Kumho Petrochemical, South Korea
- Commonwealth Bank - Australia
- Thiess Contractors Indonesia
- OPG Power Generation Pvt Ltd - India
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