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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, 30 March 15
Q3' 15 CFR SOUTH CHINA COAL SWAP: DECLINED 8.7% M-M; 12.77% Y-TO-D
COALspot.com: API 8 CFR South China Coal swap for Q2’ 2015 delivery declined US$ 5.00 (-8.70%) per MT month over month and US$ 1.33 (-2 ...
Monday, 30 March 15
Q2' FOB NEWCASTLE COAL SWAP CLOSED 4.47% HIGHER THAN Q4' CLOSING PRICE
COALspot.com: API 5 FOB Newcastle Coal swap for Q2’ 2015 delivery declined US$ 5.42 per MT (-10.43%) month over month and US$ 1.60 (-3.32%) w ...
Sunday, 29 March 15
INDO - INDIA: SUPRAMAX & PANAMAX FREIGHT MARKET STEADY
COALspot.com: The freight market was almost stable as all segments slightly up except Panamax sector.
The BDI was up by just 0.85% week over w ...
Saturday, 28 March 15
IS NORTHERN EUROPE THE NEW MINING ELDORADO?
The Europe Mining 2015 Summit, organised by Global Summits organizer IRN on 17-18 June in Amsterdam, The Netherlands, will gather senior level repr ...
Saturday, 28 March 15
THE DRY BULK FLEET AT BREAKING POINT - CLARKSONS
The severe oversupply in the bulkcarrier fleet has contributed to the current trough in the dry bulk market, putting considerable financial pressur ...
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- New Zealand Coal & Carbon
- CNBM International Corporation - China
- Agrawal Coal Company - India
- Grasim Industreis Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Tamil Nadu electricity Board
- Kepco SPC Power Corporation, Philippines
- Gujarat Sidhee Cement - India
- Straits Asia Resources Limited - Singapore
- Baramulti Group, Indonesia
- Ceylon Electricity Board - Sri Lanka
- Bukit Asam (Persero) Tbk - Indonesia
- Indo Tambangraya Megah - Indonesia
- Ind-Barath Power Infra Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Ministry of Transport, Egypt
- Sinarmas Energy and Mining - Indonesia
- PNOC Exploration Corporation - Philippines
- Posco Energy - South Korea
- Wood Mackenzie - Singapore
- OPG Power Generation Pvt Ltd - India
- The University of Queensland
- Dalmia Cement Bharat India
- Petron Corporation, Philippines
- Sakthi Sugars Limited - India
- Thai Mozambique Logistica
- Asia Pacific Energy Resources Ventures Inc, Philippines
- SMC Global Power, Philippines
- Formosa Plastics Group - Taiwan
- Global Business Power Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Bukit Makmur.PT - Indonesia
- Uttam Galva Steels Limited - India
- Heidelberg Cement - Germany
- AsiaOL BioFuels Corp., Philippines
- Bhatia International Limited - India
- Indian Energy Exchange, India
- Star Paper Mills Limited - India
- Kaltim Prima Coal - Indonesia
- MS Steel International - UAE
- Gujarat Electricity Regulatory Commission - India
- Romanian Commodities Exchange
- Orica Mining Services - Indonesia
- Vizag Seaport Private Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- TeaM Sual Corporation - Philippines
- Cement Manufacturers Association - India
- Siam City Cement - Thailand
- Oldendorff Carriers - Singapore
- Intertek Mineral Services - Indonesia
- Thiess Contractors Indonesia
- Vedanta Resources Plc - India
- Indian Oil Corporation Limited
- GMR Energy Limited - India
- Coal and Oil Company - UAE
- Wilmar Investment Holdings
- Bhoruka Overseas - Indonesia
- Ambuja Cements Ltd - India
- Bangladesh Power Developement Board
- ASAPP Information Group - India
- Attock Cement Pakistan Limited
- Mintek Dendrill Indonesia
- Aditya Birla Group - India
- CIMB Investment Bank - Malaysia
- Planning Commission, India
- Central Electricity Authority - India
- Rio Tinto Coal - Australia
- Petrochimia International Co. Ltd.- Taiwan
- SMG Consultants - Indonesia
- Carbofer General Trading SA - India
- LBH Netherlands Bv - Netherlands
- VISA Power Limited - India
- Sindya Power Generating Company Private Ltd
- Port Waratah Coal Services - Australia
- Karbindo Abesyapradhi - Indoneisa
- Mjunction Services Limited - India
- Singapore Mercantile Exchange
- Coastal Gujarat Power Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Australian Coal Association
- Toyota Tsusho Corporation, Japan
- Parry Sugars Refinery, India
- Ministry of Mines - Canada
- Semirara Mining and Power Corporation, Philippines
- Bukit Baiduri Energy - Indonesia
- Interocean Group of Companies - India
- European Bulk Services B.V. - Netherlands
- Riau Bara Harum - Indonesia
- PowerSource Philippines DevCo
- Jindal Steel & Power Ltd - India
- Eastern Energy - Thailand
- Malabar Cements Ltd - India
- Chamber of Mines of South Africa
- IEA Clean Coal Centre - UK
- Directorate Of Revenue Intelligence - India
- Maharashtra Electricity Regulatory Commission - India
- Merrill Lynch Commodities Europe
- Goldman Sachs - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Neyveli Lignite Corporation Ltd, - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- ICICI Bank Limited - India
- The Treasury - Australian Government
- GVK Power & Infra Limited - India
- Indogreen Group - Indonesia
- Meralco Power Generation, Philippines
- Kalimantan Lumbung Energi - Indonesia
- Maheswari Brothers Coal Limited - India
- Price Waterhouse Coopers - Russia
- Global Coal Blending Company Limited - Australia
- Kapuas Tunggal Persada - Indonesia
- Electricity Authority, New Zealand
- Holcim Trading Pte Ltd - Singapore
- Mercator Lines Limited - India
- Energy Link Ltd, New Zealand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Iligan Light & Power Inc, Philippines
- PTC India Limited - India
- Timah Investasi Mineral - Indoneisa
- San Jose City I Power Corp, Philippines
- Madhucon Powers Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Marubeni Corporation - India
- Georgia Ports Authority, United States
- Energy Development Corp, Philippines
- Samtan Co., Ltd - South Korea
- Eastern Coal Council - USA
- Essar Steel Hazira Ltd - India
- Edison Trading Spa - Italy
- Minerals Council of Australia
- Africa Commodities Group - South Africa
- Leighton Contractors Pty Ltd - Australia
- Banpu Public Company Limited - Thailand
- Australian Commodity Traders Exchange
- Sojitz Corporation - Japan
- The State Trading Corporation of India Ltd
- SN Aboitiz Power Inc, Philippines
- Therma Luzon, Inc, Philippines
- Gujarat Mineral Development Corp Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Latin American Coal - Colombia
- Globalindo Alam Lestari - Indonesia
- Sree Jayajothi Cements Limited - India
- Savvy Resources Ltd - HongKong
- Tata Chemicals Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Electricity Generating Authority of Thailand
- Aboitiz Power Corporation - Philippines
- Simpson Spence & Young - Indonesia
- Sical Logistics Limited - India
- Xindia Steels Limited - India
- Larsen & Toubro Limited - India
- Sarangani Energy Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Bank of Tokyo Mitsubishi UFJ Ltd
- Lanco Infratech Ltd - India
- Barasentosa Lestari - Indonesia
- Orica Australia Pty. Ltd.
- Power Finance Corporation Ltd., India
- South Luzon Thermal Energy Corporation
- Manunggal Multi Energi - Indonesia
- Meenaskhi Energy Private Limited - India
- Central Java Power - Indonesia
- Parliament of New Zealand
- Mercuria Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- International Coal Ventures Pvt Ltd - India
- India Bulls Power Limited - India
- GAC Shipping (India) Pvt Ltd
- Videocon Industries ltd - India
- Salva Resources Pvt Ltd - India
- Economic Council, Georgia
- White Energy Company Limited
- Bayan Resources Tbk. - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Chettinad Cement Corporation Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Indonesian Coal Mining Association
- Anglo American - United Kingdom
- Deloitte Consulting - India
- TNB Fuel Sdn Bhd - Malaysia
- Semirara Mining Corp, Philippines
- Altura Mining Limited, Indonesia
- Bhushan Steel Limited - India
- Billiton Holdings Pty Ltd - Australia
- Borneo Indobara - Indonesia
- Bharathi Cement Corporation - India
- McConnell Dowell - Australia
- Metalloyd Limited - United Kingdom
- Antam Resourcindo - Indonesia
- Bulk Trading Sa - Switzerland
- Commonwealth Bank - Australia
- Binh Thuan Hamico - Vietnam
- Pendopo Energi Batubara - Indonesia
- Independent Power Producers Association of India
- Siam City Cement PLC, Thailand
- London Commodity Brokers - England
- Miang Besar Coal Terminal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Kideco Jaya Agung - Indonesia
- Ministry of Finance - Indonesia
- Medco Energi Mining Internasional
- Indika Energy - Indonesia
- Trasteel International SA, Italy
- Global Green Power PLC Corporation, Philippines
- Renaissance Capital - South Africa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Kumho Petrochemical, South Korea
- Cigading International Bulk Terminal - Indonesia
- Karaikal Port Pvt Ltd - India
- Coalindo Energy - Indonesia
- Kobexindo Tractors - Indoneisa
- Makarim & Taira - Indonesia
- Standard Chartered Bank - UAE
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