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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, 06 May 15
COMBINATION OF HOLIDAYS AND A SHAKY MARKET PUT ADDITIONAL PRESSURE ON RATES
COALspot.com: The combination of holidays and a shaky market is always a recipe for additional pressure on rates and last week was no exception. Wi ...
Wednesday, 06 May 15
SHIPPING MARKET INSIGHT - GEORGE ILIOPOULOS
The first four months of 2015 are now behind us and they make up for a decent amount of time to look back and assess how the year is evolving so fa ...
Tuesday, 05 May 15
MIFA BERSAUDARA UNIT OF ABM INVESTAMA STARTS OPERATING $200M COAL MINE IN ACEH
Reswara Minergi Hartama, a coal mining unit of coal miner ABM Investama known as known as Reswara, inaugurated a $200 million integrated coal minin ...
Tuesday, 05 May 15
FREIGHT DERIVATIVE VOLUMES REACHED TOTALED 14,154 CONTRACTS IN APRIL - SGX
COALspot.com: “Our unique suite of freight and bulk commodity products provides market participants with a wide range of trading strategies a ...
Tuesday, 05 May 15
OVERSUPPLY PUTTING INDONESIAN COAL PRICES UNDER PRESSURE
COALspot.com: Indonesian coal swap for delivery Q3 2015 lost week over week and month on month, this past week.
The Q3 swap was declined US$ 1 ...
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- Lanco Infratech Ltd - India
- White Energy Company Limited
- Eastern Energy - Thailand
- Krishnapatnam Port Company Ltd. - India
- Rashtriya Ispat Nigam Limited - India
- LBH Netherlands Bv - Netherlands
- Pendopo Energi Batubara - Indonesia
- Uttam Galva Steels Limited - India
- Mjunction Services Limited - India
- Binh Thuan Hamico - Vietnam
- Bhushan Steel Limited - India
- Sree Jayajothi Cements Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Economic Council, Georgia
- Iligan Light & Power Inc, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Edison Trading Spa - Italy
- Agrawal Coal Company - India
- Medco Energi Mining Internasional
- Miang Besar Coal Terminal - Indonesia
- Planning Commission, India
- Baramulti Group, Indonesia
- GVK Power & Infra Limited - India
- Semirara Mining Corp, Philippines
- Port Waratah Coal Services - Australia
- Australian Commodity Traders Exchange
- Mercator Lines Limited - India
- Bharathi Cement Corporation - India
- New Zealand Coal & Carbon
- Indian Energy Exchange, India
- Riau Bara Harum - Indonesia
- Ceylon Electricity Board - Sri Lanka
- McConnell Dowell - Australia
- Maharashtra Electricity Regulatory Commission - India
- Orica Mining Services - Indonesia
- Rio Tinto Coal - Australia
- Neyveli Lignite Corporation Ltd, - India
- Videocon Industries ltd - India
- Kapuas Tunggal Persada - Indonesia
- Coastal Gujarat Power Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Bhoruka Overseas - Indonesia
- Timah Investasi Mineral - Indoneisa
- Merrill Lynch Commodities Europe
- Therma Luzon, Inc, Philippines
- Aditya Birla Group - India
- Globalindo Alam Lestari - Indonesia
- Dalmia Cement Bharat India
- Sakthi Sugars Limited - India
- Wood Mackenzie - Singapore
- Xindia Steels Limited - India
- Ambuja Cements Ltd - India
- Parry Sugars Refinery, India
- Global Business Power Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Goldman Sachs - Singapore
- Kepco SPC Power Corporation, Philippines
- Parliament of New Zealand
- Latin American Coal - Colombia
- PNOC Exploration Corporation - Philippines
- Barasentosa Lestari - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Borneo Indobara - Indonesia
- Kideco Jaya Agung - Indonesia
- Electricity Authority, New Zealand
- European Bulk Services B.V. - Netherlands
- GAC Shipping (India) Pvt Ltd
- Marubeni Corporation - India
- Karaikal Port Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Directorate General of MIneral and Coal - Indonesia
- London Commodity Brokers - England
- Eastern Coal Council - USA
- Mercuria Energy - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Bhatia International Limited - India
- SMC Global Power, Philippines
- Orica Australia Pty. Ltd.
- Cement Manufacturers Association - India
- TNB Fuel Sdn Bhd - Malaysia
- Bukit Makmur.PT - Indonesia
- Simpson Spence & Young - Indonesia
- Commonwealth Bank - Australia
- Indonesian Coal Mining Association
- Coalindo Energy - Indonesia
- Energy Development Corp, Philippines
- Tata Chemicals Ltd - India
- Electricity Generating Authority of Thailand
- India Bulls Power Limited - India
- Kumho Petrochemical, South Korea
- Alfred C Toepfer International GmbH - Germany
- Central Electricity Authority - India
- IEA Clean Coal Centre - UK
- Trasteel International SA, Italy
- Sindya Power Generating Company Private Ltd
- Chamber of Mines of South Africa
- Standard Chartered Bank - UAE
- Thai Mozambique Logistica
- CNBM International Corporation - China
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- Altura Mining Limited, Indonesia
- GMR Energy Limited - India
- Sojitz Corporation - Japan
- Vizag Seaport Private Limited - India
- Madhucon Powers Ltd - India
- Vedanta Resources Plc - India
- South Luzon Thermal Energy Corporation
- Jorong Barutama Greston.PT - Indonesia
- Gujarat Sidhee Cement - India
- Ind-Barath Power Infra Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ministry of Mines - Canada
- Australian Coal Association
- Ministry of Finance - Indonesia
- Metalloyd Limited - United Kingdom
- Bukit Asam (Persero) Tbk - Indonesia
- Energy Link Ltd, New Zealand
- Salva Resources Pvt Ltd - India
- Renaissance Capital - South Africa
- Ministry of Transport, Egypt
- Cigading International Bulk Terminal - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- ASAPP Information Group - India
- Manunggal Multi Energi - Indonesia
- The University of Queensland
- International Coal Ventures Pvt Ltd - India
- Thiess Contractors Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kaltim Prima Coal - Indonesia
- Chettinad Cement Corporation Ltd - India
- Malabar Cements Ltd - India
- TeaM Sual Corporation - Philippines
- AsiaOL BioFuels Corp., Philippines
- VISA Power Limited - India
- Global Coal Blending Company Limited - Australia
- Semirara Mining and Power Corporation, Philippines
- Meralco Power Generation, Philippines
- Formosa Plastics Group - Taiwan
- Jaiprakash Power Ventures ltd
- Grasim Industreis Ltd - India
- PowerSource Philippines DevCo
- Savvy Resources Ltd - HongKong
- Oldendorff Carriers - Singapore
- Deloitte Consulting - India
- Siam City Cement PLC, Thailand
- Bukit Baiduri Energy - Indonesia
- MS Steel International - UAE
- Kobexindo Tractors - Indoneisa
- OPG Power Generation Pvt Ltd - India
- Aboitiz Power Corporation - Philippines
- GN Power Mariveles Coal Plant, Philippines
- Power Finance Corporation Ltd., India
- Coal and Oil Company - UAE
- Anglo American - United Kingdom
- Leighton Contractors Pty Ltd - Australia
- Kartika Selabumi Mining - Indonesia
- Independent Power Producers Association of India
- Directorate Of Revenue Intelligence - India
- Heidelberg Cement - Germany
- Jindal Steel & Power Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Antam Resourcindo - Indonesia
- Maheswari Brothers Coal Limited - India
- PTC India Limited - India
- Africa Commodities Group - South Africa
- Indo Tambangraya Megah - Indonesia
- Straits Asia Resources Limited - Singapore
- Bulk Trading Sa - Switzerland
- Indian Oil Corporation Limited
- The Treasury - Australian Government
- Attock Cement Pakistan Limited
- Toyota Tsusho Corporation, Japan
- Banpu Public Company Limited - Thailand
- Star Paper Mills Limited - India
- Larsen & Toubro Limited - India
- Sinarmas Energy and Mining - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Holcim Trading Pte Ltd - Singapore
- Price Waterhouse Coopers - Russia
- Global Green Power PLC Corporation, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- Singapore Mercantile Exchange
- Siam City Cement - Thailand
- Bangladesh Power Developement Board
- Petrochimia International Co. Ltd.- Taiwan
- Petron Corporation, Philippines
- Minerals Council of Australia
- Samtan Co., Ltd - South Korea
- Romanian Commodities Exchange
- The State Trading Corporation of India Ltd
- SN Aboitiz Power Inc, Philippines
- CIMB Investment Bank - Malaysia
- Intertek Mineral Services - Indonesia
- Central Java Power - Indonesia
- Georgia Ports Authority, United States
- Interocean Group of Companies - India
- SMG Consultants - Indonesia
- Bayan Resources Tbk. - Indonesia
- San Jose City I Power Corp, Philippines
- Posco Energy - South Korea
- Karbindo Abesyapradhi - Indoneisa
- ICICI Bank Limited - India
- Essar Steel Hazira Ltd - India
- Makarim & Taira - Indonesia
- Carbofer General Trading SA - India
- Mintek Dendrill Indonesia
- Sarangani Energy Corporation, Philippines
- Wilmar Investment Holdings
- Billiton Holdings Pty Ltd - Australia
- Sical Logistics Limited - India
- Indogreen Group - Indonesia
- Tamil Nadu electricity Board
- IHS Mccloskey Coal Group - USA
- Indika Energy - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
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