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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, 11 May 15
CFR SOUTH CHINA COAL SWAP: DECLINED MOM AND WOW
COALspot.com: API 8 CFR South China Coal swap for Q3’ 2015 delivery declined US$ 0.46 (-0.90%) per MT month over month and US$ 0.28 (0. ...
Monday, 11 May 15
KOREA MIDLAND POWER INVITES BIDS FOR 140K MT OF 4600 NAR COAL
COALspot.com: South Korean state-owned utility Korea Midland Power (KOMIPO) issued a new tender to buy total 140,000 Metric Tons (MT) of Sub-bitumi ...
Sunday, 10 May 15
FREIGHT RATES TO REMAIN SOFT NEXT WEEK
COALspot.com: The freight market was flat to soft week over week except for the Cape Index which was up 7.32%. Cape index was closed at 616 p ...
Friday, 08 May 15
BUSIEST CAPESIZE DEMOLITION MARKET EVER - BIMCO
The activity on the demolition market is off to a good start in 2015 when looking at dry bulk tonnage.
The dry bulk market has long suffered f ...
Friday, 08 May 15
COAL PRODUCTION IN U.S. UP 3.2% THIS PAST WEEK - EIA
COALspot.com – United States the second largest coal producer in the world has produced approximately totaled an estimated 17.4 million short ...
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- Renaissance Capital - South Africa
- Asmin Koalindo Tuhup - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Vedanta Resources Plc - India
- Bhoruka Overseas - Indonesia
- Kepco SPC Power Corporation, Philippines
- Latin American Coal - Colombia
- Romanian Commodities Exchange
- Holcim Trading Pte Ltd - Singapore
- PTC India Limited - India
- Tamil Nadu electricity Board
- Thiess Contractors Indonesia
- Agrawal Coal Company - India
- CNBM International Corporation - China
- Coal and Oil Company - UAE
- Indo Tambangraya Megah - Indonesia
- Star Paper Mills Limited - India
- TeaM Sual Corporation - Philippines
- Indian Oil Corporation Limited
- Pipit Mutiara Jaya. PT, Indonesia
- Essar Steel Hazira Ltd - India
- London Commodity Brokers - England
- Wilmar Investment Holdings
- Ministry of Mines - Canada
- Xindia Steels Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Sarangani Energy Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Straits Asia Resources Limited - Singapore
- Ambuja Cements Ltd - India
- LBH Netherlands Bv - Netherlands
- Therma Luzon, Inc, Philippines
- Orica Mining Services - Indonesia
- Riau Bara Harum - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Sakthi Sugars Limited - India
- San Jose City I Power Corp, Philippines
- Jaiprakash Power Ventures ltd
- White Energy Company Limited
- Gujarat Mineral Development Corp Ltd - India
- European Bulk Services B.V. - Netherlands
- Aditya Birla Group - India
- Indogreen Group - Indonesia
- Bharathi Cement Corporation - India
- Dalmia Cement Bharat India
- Price Waterhouse Coopers - Russia
- Vijayanagar Sugar Pvt Ltd - India
- Anglo American - United Kingdom
- Eastern Energy - Thailand
- Binh Thuan Hamico - Vietnam
- CIMB Investment Bank - Malaysia
- Salva Resources Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Australian Coal Association
- Parliament of New Zealand
- Jindal Steel & Power Ltd - India
- Mintek Dendrill Indonesia
- Mjunction Services Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- India Bulls Power Limited - India
- Mercator Lines Limited - India
- Independent Power Producers Association of India
- TNB Fuel Sdn Bhd - Malaysia
- Timah Investasi Mineral - Indoneisa
- Global Coal Blending Company Limited - Australia
- Altura Mining Limited, Indonesia
- Global Green Power PLC Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Chamber of Mines of South Africa
- South Luzon Thermal Energy Corporation
- Siam City Cement - Thailand
- Siam City Cement PLC, Thailand
- Sojitz Corporation - Japan
- PNOC Exploration Corporation - Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Krishnapatnam Port Company Ltd. - India
- Chettinad Cement Corporation Ltd - India
- Malabar Cements Ltd - India
- SMC Global Power, Philippines
- Banpu Public Company Limited - Thailand
- Uttam Galva Steels Limited - India
- PowerSource Philippines DevCo
- Samtan Co., Ltd - South Korea
- Ministry of Transport, Egypt
- Power Finance Corporation Ltd., India
- Sree Jayajothi Cements Limited - India
- Bayan Resources Tbk. - Indonesia
- Eastern Coal Council - USA
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Grasim Industreis Ltd - India
- Standard Chartered Bank - UAE
- Energy Link Ltd, New Zealand
- OPG Power Generation Pvt Ltd - India
- Toyota Tsusho Corporation, Japan
- Oldendorff Carriers - Singapore
- Baramulti Group, Indonesia
- Cigading International Bulk Terminal - Indonesia
- Coastal Gujarat Power Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Semirara Mining Corp, Philippines
- Kapuas Tunggal Persada - Indonesia
- Manunggal Multi Energi - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- GVK Power & Infra Limited - India
- Lanco Infratech Ltd - India
- Thai Mozambique Logistica
- Barasentosa Lestari - Indonesia
- Australian Commodity Traders Exchange
- Medco Energi Mining Internasional
- Kobexindo Tractors - Indoneisa
- Jorong Barutama Greston.PT - Indonesia
- Kartika Selabumi Mining - Indonesia
- Bulk Trading Sa - Switzerland
- Bhatia International Limited - India
- Georgia Ports Authority, United States
- Billiton Holdings Pty Ltd - Australia
- Coalindo Energy - Indonesia
- Metalloyd Limited - United Kingdom
- Gujarat Electricity Regulatory Commission - India
- Bhushan Steel Limited - India
- Ind-Barath Power Infra Limited - India
- Petron Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Marubeni Corporation - India
- Electricity Generating Authority of Thailand
- Heidelberg Cement - Germany
- Bukit Asam (Persero) Tbk - Indonesia
- ICICI Bank Limited - India
- Kaltim Prima Coal - Indonesia
- Kideco Jaya Agung - Indonesia
- Gujarat Sidhee Cement - India
- Maheswari Brothers Coal Limited - India
- Tata Chemicals Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Indika Energy - Indonesia
- Karaikal Port Pvt Ltd - India
- Makarim & Taira - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Electricity Authority, New Zealand
- Cement Manufacturers Association - India
- Port Waratah Coal Services - Australia
- Energy Development Corp, Philippines
- Central Electricity Authority - India
- Sindya Power Generating Company Private Ltd
- New Zealand Coal & Carbon
- The State Trading Corporation of India Ltd
- The Treasury - Australian Government
- Singapore Mercantile Exchange
- Rashtriya Ispat Nigam Limited - India
- Rio Tinto Coal - Australia
- SN Aboitiz Power Inc, Philippines
- Indonesian Coal Mining Association
- Karbindo Abesyapradhi - Indoneisa
- GMR Energy Limited - India
- Global Business Power Corporation, Philippines
- MS Steel International - UAE
- IEA Clean Coal Centre - UK
- Central Java Power - Indonesia
- Borneo Indobara - Indonesia
- Africa Commodities Group - South Africa
- Antam Resourcindo - Indonesia
- McConnell Dowell - Australia
- Semirara Mining and Power Corporation, Philippines
- Wood Mackenzie - Singapore
- Meralco Power Generation, Philippines
- International Coal Ventures Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- SMG Consultants - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Intertek Mineral Services - Indonesia
- Sical Logistics Limited - India
- Neyveli Lignite Corporation Ltd, - India
- VISA Power Limited - India
- Indian Energy Exchange, India
- Bahari Cakrawala Sebuku - Indonesia
- Parry Sugars Refinery, India
- Posco Energy - South Korea
- Carbofer General Trading SA - India
- Orica Australia Pty. Ltd.
- Pendopo Energi Batubara - Indonesia
- Simpson Spence & Young - Indonesia
- Kumho Petrochemical, South Korea
- IHS Mccloskey Coal Group - USA
- The University of Queensland
- Merrill Lynch Commodities Europe
- Aboitiz Power Corporation - Philippines
- Deloitte Consulting - India
- Maharashtra Electricity Regulatory Commission - India
- Commonwealth Bank - Australia
- Directorate General of MIneral and Coal - Indonesia
- Globalindo Alam Lestari - Indonesia
- Madhucon Powers Ltd - India
- Edison Trading Spa - Italy
- Sinarmas Energy and Mining - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Leighton Contractors Pty Ltd - Australia
- Attock Cement Pakistan Limited
- Minerals Council of Australia
- Larsen & Toubro Limited - India
- Interocean Group of Companies - India
- Mercuria Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Directorate Of Revenue Intelligence - India
- Ministry of Finance - Indonesia
- Savvy Resources Ltd - HongKong
- Meenaskhi Energy Private Limited - India
- ASAPP Information Group - India
- Vizag Seaport Private Limited - India
- Videocon Industries ltd - India
- Goldman Sachs - Singapore
- Planning Commission, India
- Trasteel International SA, Italy
- Iligan Light & Power Inc, Philippines
- Bangladesh Power Developement Board
- Economic Council, Georgia
- Kohat Cement Company Ltd. - Pakistan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
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