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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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Thursday, 12 February 15
INDONESIAN COAL PRICE REFERENCE INCHED DOWN 1.44% IN FEBRUARY
COALspot.com - The Ministry of Energy & Mineral Resources of Indonesia revised down Indonesian coal bench mark price this month to US$ 62.92 pe ...
Thursday, 12 February 15
NEWBUILDING ORDERING ACTIVITY DRAGS ON, AS OWNERS ARE LOOKING FOR LOWER PRICES - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Ship owners appear to be waiting for lower prices in their dealings with Asian shipyards, as the dry bulk market is at historical lows. According t ...
Wednesday, 11 February 15
DRY BULK MARKET REMAINED UNDER PRESSURE : STABILIZING CAPE MARKET HARDLY HELPED SENTIMENT
COALspot.com: The Dry Bulk market remained under pressure last week, while the stabilizing Cape market hardly helped sentiment.
Greece based s ...
Wednesday, 11 February 15
BDI HITTING THE ALL-TIME LOW; FFA MARKETS NOT SHOWING ANY POSITIVE SIGNS
With the BDI hitting the all-time low and with FFA markets not showing any positive signs for a possible recovery in the near future, pessimism is ...
Tuesday, 10 February 15
IRON ORE MARKET TO REMAIN OVERSUPPLIED IN 2015: PRICE FORECAST $70/T - WOOD MACKENZIE
COALspot.com: With January witnessing the price of iron ore falling to its lowest levels since May 2009, Roger Emslie, Principal Metals & ...
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- Minerals Council of Australia
- Thai Mozambique Logistica
- Pipit Mutiara Jaya. PT, Indonesia
- Metalloyd Limited - United Kingdom
- Cigading International Bulk Terminal - Indonesia
- Salva Resources Pvt Ltd - India
- GVK Power & Infra Limited - India
- Billiton Holdings Pty Ltd - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Tamil Nadu electricity Board
- Agrawal Coal Company - India
- Goldman Sachs - Singapore
- Rashtriya Ispat Nigam Limited - India
- GMR Energy Limited - India
- Jindal Steel & Power Ltd - India
- Interocean Group of Companies - India
- Kartika Selabumi Mining - Indonesia
- GAC Shipping (India) Pvt Ltd
- Petrochimia International Co. Ltd.- Taiwan
- Xindia Steels Limited - India
- Makarim & Taira - Indonesia
- Aboitiz Power Corporation - Philippines
- Kohat Cement Company Ltd. - Pakistan
- Edison Trading Spa - Italy
- Baramulti Group, Indonesia
- The University of Queensland
- Maheswari Brothers Coal Limited - India
- Malabar Cements Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Global Green Power PLC Corporation, Philippines
- Indonesian Coal Mining Association
- Merrill Lynch Commodities Europe
- Coalindo Energy - Indonesia
- India Bulls Power Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Semirara Mining Corp, Philippines
- Central Electricity Authority - India
- Eastern Energy - Thailand
- Sinarmas Energy and Mining - Indonesia
- Wood Mackenzie - Singapore
- Dalmia Cement Bharat India
- Chettinad Cement Corporation Ltd - India
- Gujarat Sidhee Cement - India
- Orica Mining Services - Indonesia
- Savvy Resources Ltd - HongKong
- Trasteel International SA, Italy
- PTC India Limited - India
- Price Waterhouse Coopers - Russia
- Electricity Generating Authority of Thailand
- Romanian Commodities Exchange
- Timah Investasi Mineral - Indoneisa
- Alfred C Toepfer International GmbH - Germany
- Electricity Authority, New Zealand
- Iligan Light & Power Inc, Philippines
- Attock Cement Pakistan Limited
- Tata Chemicals Ltd - India
- Altura Mining Limited, Indonesia
- International Coal Ventures Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Kobexindo Tractors - Indoneisa
- New Zealand Coal & Carbon
- Sojitz Corporation - Japan
- MS Steel International - UAE
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indian Oil Corporation Limited
- Mercuria Energy - Indonesia
- Medco Energi Mining Internasional
- Indo Tambangraya Megah - Indonesia
- Pendopo Energi Batubara - Indonesia
- Mintek Dendrill Indonesia
- Holcim Trading Pte Ltd - Singapore
- PNOC Exploration Corporation - Philippines
- Bharathi Cement Corporation - India
- LBH Netherlands Bv - Netherlands
- European Bulk Services B.V. - Netherlands
- Coal and Oil Company - UAE
- Mjunction Services Limited - India
- Intertek Mineral Services - Indonesia
- Bhatia International Limited - India
- Sarangani Energy Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Indika Energy - Indonesia
- Ambuja Cements Ltd - India
- Videocon Industries ltd - India
- Larsen & Toubro Limited - India
- Petron Corporation, Philippines
- Deloitte Consulting - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Marubeni Corporation - India
- Sakthi Sugars Limited - India
- Bulk Trading Sa - Switzerland
- Energy Development Corp, Philippines
- Kaltim Prima Coal - Indonesia
- The Treasury - Australian Government
- Maharashtra Electricity Regulatory Commission - India
- Mercator Lines Limited - India
- Meenaskhi Energy Private Limited - India
- Meralco Power Generation, Philippines
- CIMB Investment Bank - Malaysia
- Sindya Power Generating Company Private Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Indian Energy Exchange, India
- Oldendorff Carriers - Singapore
- Bangladesh Power Developement Board
- Economic Council, Georgia
- Manunggal Multi Energi - Indonesia
- Siam City Cement - Thailand
- Planning Commission, India
- Bhushan Steel Limited - India
- SMC Global Power, Philippines
- Vizag Seaport Private Limited - India
- Central Java Power - Indonesia
- Renaissance Capital - South Africa
- Commonwealth Bank - Australia
- Posco Energy - South Korea
- Bahari Cakrawala Sebuku - Indonesia
- Cement Manufacturers Association - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- IEA Clean Coal Centre - UK
- VISA Power Limited - India
- Standard Chartered Bank - UAE
- Leighton Contractors Pty Ltd - Australia
- Toyota Tsusho Corporation, Japan
- South Luzon Thermal Energy Corporation
- Global Business Power Corporation, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- CNBM International Corporation - China
- ICICI Bank Limited - India
- Directorate Of Revenue Intelligence - India
- GN Power Mariveles Coal Plant, Philippines
- Heidelberg Cement - Germany
- Formosa Plastics Group - Taiwan
- Indogreen Group - Indonesia
- Georgia Ports Authority, United States
- Africa Commodities Group - South Africa
- SMG Consultants - Indonesia
- OPG Power Generation Pvt Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Ind-Barath Power Infra Limited - India
- Therma Luzon, Inc, Philippines
- Port Waratah Coal Services - Australia
- Jaiprakash Power Ventures ltd
- Australian Commodity Traders Exchange
- IHS Mccloskey Coal Group - USA
- Aditya Birla Group - India
- Singapore Mercantile Exchange
- Ministry of Mines - Canada
- Banpu Public Company Limited - Thailand
- Essar Steel Hazira Ltd - India
- Sical Logistics Limited - India
- AsiaOL BioFuels Corp., Philippines
- Karbindo Abesyapradhi - Indoneisa
- Anglo American - United Kingdom
- Orica Australia Pty. Ltd.
- London Commodity Brokers - England
- Ministry of Transport, Egypt
- Gujarat Electricity Regulatory Commission - India
- Samtan Co., Ltd - South Korea
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Carbofer General Trading SA - India
- TNB Fuel Sdn Bhd - Malaysia
- Borneo Indobara - Indonesia
- Rio Tinto Coal - Australia
- Binh Thuan Hamico - Vietnam
- Barasentosa Lestari - Indonesia
- Karaikal Port Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Parry Sugars Refinery, India
- PetroVietnam Power Coal Import and Supply Company
- Power Finance Corporation Ltd., India
- Vedanta Resources Plc - India
- Thiess Contractors Indonesia
- Bayan Resources Tbk. - Indonesia
- Sree Jayajothi Cements Limited - India
- McConnell Dowell - Australia
- Antam Resourcindo - Indonesia
- Straits Asia Resources Limited - Singapore
- Madhucon Powers Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Bukit Makmur.PT - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Lanco Infratech Ltd - India
- Uttam Galva Steels Limited - India
- Australian Coal Association
- Ceylon Electricity Board - Sri Lanka
- Star Paper Mills Limited - India
- Grasim Industreis Ltd - India
- Siam City Cement PLC, Thailand
- Global Coal Blending Company Limited - Australia
- Kalimantan Lumbung Energi - Indonesia
- Bhoruka Overseas - Indonesia
- Simpson Spence & Young - Indonesia
- Globalindo Alam Lestari - Indonesia
- The State Trading Corporation of India Ltd
- Kepco SPC Power Corporation, Philippines
- Energy Link Ltd, New Zealand
- Wilmar Investment Holdings
- Eastern Coal Council - USA
- Kumho Petrochemical, South Korea
- Ministry of Finance - Indonesia
- Miang Besar Coal Terminal - Indonesia
- SN Aboitiz Power Inc, Philippines
- Coastal Gujarat Power Limited - India
- San Jose City I Power Corp, Philippines
- TeaM Sual Corporation - Philippines
- Latin American Coal - Colombia
- Independent Power Producers Association of India
- Parliament of New Zealand
- ASAPP Information Group - India
- Kideco Jaya Agung - Indonesia
- PowerSource Philippines DevCo
- White Energy Company Limited
- Chamber of Mines of South Africa
- Jorong Barutama Greston.PT - Indonesia
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