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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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Wednesday, 01 April 15
SUPRAMAX & HANDY: RATES HELD STEADY TOWARDS THE WEEKEND
“Despite the fact that the Dry Bulk market closed off on the green last week, sentiment didn't improve by any means, not only because of ...
Wednesday, 01 April 15
WEEKLY SHIPPING MARKET UPDATE - INTERMODAL
There is no doubt that we are still witnessing a very challenging and at the same time very uncertain market, both with respect to dry chartering a ...
Wednesday, 01 April 15
Q4' 15 INDONESIA COAL SWAP CLOSED AT $45.15 W/E 27 MARCH 2015
COALspot.com: Indonesian coal swap for delivery Q2' 2015 drops month on month and week over week.
The Q2 swap declined US$ 1.54 (3.24%) mo ...
Tuesday, 31 March 15
RICHARDS BAY COAL SWAPS GAIN WEEK OVER WEEK
COALspot.com: API 4 FOB Richards Bay Coal swap for delivery Q2' 2015 declined month over month but increased week on week.
The Q2 swap has ...
Monday, 30 March 15
WORST IS OVER FOR THE DRY BULK MARKET, BUT THE PAIN WILL REMAIN FOR YEARS TO COME, SAYS BIMCO CHIEF ANALYST - HELLENIC SHIPPING
The current demise of the dry bulk market isn’t one to go away anytime soon. That doesn’t mean that it can’t improve, with all sh ...
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- Anglo American - United Kingdom
- Kalimantan Lumbung Energi - Indonesia
- Carbofer General Trading SA - India
- Cigading International Bulk Terminal - Indonesia
- SMC Global Power, Philippines
- Indian Energy Exchange, India
- GMR Energy Limited - India
- Bangladesh Power Developement Board
- Neyveli Lignite Corporation Ltd, - India
- SN Aboitiz Power Inc, Philippines
- South Luzon Thermal Energy Corporation
- Globalindo Alam Lestari - Indonesia
- Makarim & Taira - Indonesia
- ASAPP Information Group - India
- Aboitiz Power Corporation - Philippines
- Indian Oil Corporation Limited
- White Energy Company Limited
- Binh Thuan Hamico - Vietnam
- Salva Resources Pvt Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- India Bulls Power Limited - India
- Altura Mining Limited, Indonesia
- PTC India Limited - India
- Chamber of Mines of South Africa
- Minerals Council of Australia
- SMG Consultants - Indonesia
- Karaikal Port Pvt Ltd - India
- Sakthi Sugars Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indonesian Coal Mining Association
- Energy Development Corp, Philippines
- Formosa Plastics Group - Taiwan
- Xindia Steels Limited - India
- Lanco Infratech Ltd - India
- Attock Cement Pakistan Limited
- Billiton Holdings Pty Ltd - Australia
- Therma Luzon, Inc, Philippines
- Pendopo Energi Batubara - Indonesia
- Riau Bara Harum - Indonesia
- London Commodity Brokers - England
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Mercator Lines Limited - India
- Marubeni Corporation - India
- Bukit Makmur.PT - Indonesia
- CNBM International Corporation - China
- Bukit Asam (Persero) Tbk - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Gujarat Mineral Development Corp Ltd - India
- Trasteel International SA, Italy
- European Bulk Services B.V. - Netherlands
- Kumho Petrochemical, South Korea
- Siam City Cement PLC, Thailand
- The Treasury - Australian Government
- CIMB Investment Bank - Malaysia
- Ministry of Transport, Egypt
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Orica Mining Services - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- The State Trading Corporation of India Ltd
- Vedanta Resources Plc - India
- Petron Corporation, Philippines
- Global Business Power Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- AsiaOL BioFuels Corp., Philippines
- Maheswari Brothers Coal Limited - India
- Sree Jayajothi Cements Limited - India
- Borneo Indobara - Indonesia
- Heidelberg Cement - Germany
- Samtan Co., Ltd - South Korea
- Coal and Oil Company - UAE
- Kaltim Prima Coal - Indonesia
- Economic Council, Georgia
- Kideco Jaya Agung - Indonesia
- ICICI Bank Limited - India
- Eastern Energy - Thailand
- OPG Power Generation Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Semirara Mining Corp, Philippines
- Central Electricity Authority - India
- Renaissance Capital - South Africa
- Malabar Cements Ltd - India
- Sarangani Energy Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Bayan Resources Tbk. - Indonesia
- Tamil Nadu electricity Board
- Deloitte Consulting - India
- Cement Manufacturers Association - India
- Bhatia International Limited - India
- Ceylon Electricity Board - Sri Lanka
- GAC Shipping (India) Pvt Ltd
- GVK Power & Infra Limited - India
- Edison Trading Spa - Italy
- Straits Asia Resources Limited - Singapore
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bulk Trading Sa - Switzerland
- Vizag Seaport Private Limited - India
- Meralco Power Generation, Philippines
- Medco Energi Mining Internasional
- Dalmia Cement Bharat India
- Oldendorff Carriers - Singapore
- Mercuria Energy - Indonesia
- Gujarat Sidhee Cement - India
- Orica Australia Pty. Ltd.
- Global Green Power PLC Corporation, Philippines
- Planning Commission, India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Eastern Coal Council - USA
- McConnell Dowell - Australia
- Port Waratah Coal Services - Australia
- Power Finance Corporation Ltd., India
- Indika Energy - Indonesia
- Antam Resourcindo - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Price Waterhouse Coopers - Russia
- Videocon Industries ltd - India
- Rio Tinto Coal - Australia
- Australian Commodity Traders Exchange
- Tata Chemicals Ltd - India
- Global Coal Blending Company Limited - Australia
- Sindya Power Generating Company Private Ltd
- Rashtriya Ispat Nigam Limited - India
- San Jose City I Power Corp, Philippines
- Simpson Spence & Young - Indonesia
- Intertek Mineral Services - Indonesia
- Sical Logistics Limited - India
- Kepco SPC Power Corporation, Philippines
- Jindal Steel & Power Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Semirara Mining and Power Corporation, Philippines
- LBH Netherlands Bv - Netherlands
- Larsen & Toubro Limited - India
- Commonwealth Bank - Australia
- Kohat Cement Company Ltd. - Pakistan
- Central Java Power - Indonesia
- Australian Coal Association
- Uttam Galva Steels Limited - India
- Chettinad Cement Corporation Ltd - India
- Bhoruka Overseas - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Essar Steel Hazira Ltd - India
- Miang Besar Coal Terminal - Indonesia
- PNOC Exploration Corporation - Philippines
- Standard Chartered Bank - UAE
- Karbindo Abesyapradhi - Indoneisa
- Baramulti Group, Indonesia
- Latin American Coal - Colombia
- Electricity Authority, New Zealand
- Directorate Of Revenue Intelligence - India
- Coalindo Energy - Indonesia
- International Coal Ventures Pvt Ltd - India
- Africa Commodities Group - South Africa
- Energy Link Ltd, New Zealand
- Directorate General of MIneral and Coal - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Manunggal Multi Energi - Indonesia
- Banpu Public Company Limited - Thailand
- Ambuja Cements Ltd - India
- Vijayanagar Sugar Pvt Ltd - India
- Romanian Commodities Exchange
- Toyota Tsusho Corporation, Japan
- Agrawal Coal Company - India
- Siam City Cement - Thailand
- Parliament of New Zealand
- Ministry of Mines - Canada
- Iligan Light & Power Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Ministry of Finance - Indonesia
- Sojitz Corporation - Japan
- Wilmar Investment Holdings
- Madhucon Powers Ltd - India
- Holcim Trading Pte Ltd - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Alfred C Toepfer International GmbH - Germany
- Bharathi Cement Corporation - India
- TeaM Sual Corporation - Philippines
- VISA Power Limited - India
- Meenaskhi Energy Private Limited - India
- Merrill Lynch Commodities Europe
- Jorong Barutama Greston.PT - Indonesia
- Thai Mozambique Logistica
- Grasim Industreis Ltd - India
- Georgia Ports Authority, United States
- Interocean Group of Companies - India
- Mjunction Services Limited - India
- New Zealand Coal & Carbon
- Electricity Generating Authority of Thailand
- Gujarat Electricity Regulatory Commission - India
- Savvy Resources Ltd - HongKong
- Wood Mackenzie - Singapore
- MS Steel International - UAE
- Parry Sugars Refinery, India
- Singapore Mercantile Exchange
- Indogreen Group - Indonesia
- Jaiprakash Power Ventures ltd
- Sinarmas Energy and Mining - Indonesia
- Mintek Dendrill Indonesia
- Star Paper Mills Limited - India
- Bhushan Steel Limited - India
- Aditya Birla Group - India
- Posco Energy - South Korea
- Kobexindo Tractors - Indoneisa
- Metalloyd Limited - United Kingdom
- Indo Tambangraya Megah - Indonesia
- Barasentosa Lestari - Indonesia
- Timah Investasi Mineral - Indoneisa
- PowerSource Philippines DevCo
- Thiess Contractors Indonesia
- IEA Clean Coal Centre - UK
- Pipit Mutiara Jaya. PT, Indonesia
- Goldman Sachs - Singapore
- Krishnapatnam Port Company Ltd. - India
- Kartika Selabumi Mining - Indonesia
- The University of Queensland
- Ind-Barath Power Infra Limited - India
- Independent Power Producers Association of India
- Coastal Gujarat Power Limited - India
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