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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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Saturday, 04 April 15
BORYEONG POWER OF KOMIPO TO BUY TOTALED 695K MT OF HIGH AND LCV COAL
COALspot.com - Korea Midland Power Co. Ltd. (KOMIPO) is inviting bids from coal producers, marketing companies, or traders to supply of 500000 Metr ...
Friday, 03 April 15
U.S WEEKLY COAL PRODUCTION STAYS FLAT
COALspot.com – United States the second largest coal producer in the world has produced approximately totaled an estimated 18.3 million short ...
Friday, 03 April 15
TOBA BARA'S PANDU SJAHRIR ELECTED AS NEW CHAIRMAN OF THE INDONESIAN COAL MINING ASSOCIATION
COALspot.com: Pandu Sjahrir, the Vice President Director & CFO of the Jakarta-listed PT Toba Bara Sejahtra — a subsidiary of PT Toba Seja ...
Thursday, 02 April 15
GOVERNMENT MUST WORK WITH MINING, NOT AGAINST IT - PANDU SJAHRIR
The Coal Face: The coal price has hit its lowest point in recent memory
My father used to say to me that his children are his biggest inv ...
Thursday, 02 April 15
NEWBUILDING ORDERS FOR DRY BULK CARRIERS "DRY" UP
Newbuilding ordering activity remained subdued over the course of the past week, as ship owners are wary of adding further tonnage to an already pr ...
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- Attock Cement Pakistan Limited
- Commonwealth Bank - Australia
- Ambuja Cements Ltd - India
- Maheswari Brothers Coal Limited - India
- Meenaskhi Energy Private Limited - India
- Cement Manufacturers Association - India
- Georgia Ports Authority, United States
- Jaiprakash Power Ventures ltd
- Indika Energy - Indonesia
- MS Steel International - UAE
- Global Coal Blending Company Limited - Australia
- Simpson Spence & Young - Indonesia
- SMC Global Power, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Semirara Mining Corp, Philippines
- Rashtriya Ispat Nigam Limited - India
- AsiaOL BioFuels Corp., Philippines
- Tamil Nadu electricity Board
- South Luzon Thermal Energy Corporation
- India Bulls Power Limited - India
- CNBM International Corporation - China
- Petron Corporation, Philippines
- OPG Power Generation Pvt Ltd - India
- Rio Tinto Coal - Australia
- PetroVietnam Power Coal Import and Supply Company
- Therma Luzon, Inc, Philippines
- White Energy Company Limited
- Australian Commodity Traders Exchange
- Miang Besar Coal Terminal - Indonesia
- Thiess Contractors Indonesia
- Eastern Energy - Thailand
- Larsen & Toubro Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- McConnell Dowell - Australia
- Barasentosa Lestari - Indonesia
- Meralco Power Generation, Philippines
- Central Java Power - Indonesia
- Madhucon Powers Ltd - India
- Bukit Makmur.PT - Indonesia
- Dalmia Cement Bharat India
- Indo Tambangraya Megah - Indonesia
- Kobexindo Tractors - Indoneisa
- GAC Shipping (India) Pvt Ltd
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bhoruka Overseas - Indonesia
- Chettinad Cement Corporation Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Vijayanagar Sugar Pvt Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Sojitz Corporation - Japan
- Parry Sugars Refinery, India
- The University of Queensland
- GVK Power & Infra Limited - India
- Edison Trading Spa - Italy
- Toyota Tsusho Corporation, Japan
- Marubeni Corporation - India
- New Zealand Coal & Carbon
- Economic Council, Georgia
- Vedanta Resources Plc - India
- Directorate Of Revenue Intelligence - India
- Price Waterhouse Coopers - Russia
- PNOC Exploration Corporation - Philippines
- Makarim & Taira - Indonesia
- IHS Mccloskey Coal Group - USA
- Uttam Galva Steels Limited - India
- Semirara Mining and Power Corporation, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bhushan Steel Limited - India
- Jindal Steel & Power Ltd - India
- Global Business Power Corporation, Philippines
- VISA Power Limited - India
- Coalindo Energy - Indonesia
- Indian Oil Corporation Limited
- Holcim Trading Pte Ltd - Singapore
- Latin American Coal - Colombia
- Banpu Public Company Limited - Thailand
- Sakthi Sugars Limited - India
- Timah Investasi Mineral - Indoneisa
- Petrochimia International Co. Ltd.- Taiwan
- Neyveli Lignite Corporation Ltd, - India
- Malabar Cements Ltd - India
- Ministry of Transport, Egypt
- Essar Steel Hazira Ltd - India
- Sindya Power Generating Company Private Ltd
- TNB Fuel Sdn Bhd - Malaysia
- Billiton Holdings Pty Ltd - Australia
- Chamber of Mines of South Africa
- Mintek Dendrill Indonesia
- Metalloyd Limited - United Kingdom
- Globalindo Alam Lestari - Indonesia
- Videocon Industries ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Deloitte Consulting - India
- Grasim Industreis Ltd - India
- Vizag Seaport Private Limited - India
- Alfred C Toepfer International GmbH - Germany
- The Treasury - Australian Government
- Coal and Oil Company - UAE
- Bulk Trading Sa - Switzerland
- Sarangani Energy Corporation, Philippines
- Sree Jayajothi Cements Limited - India
- European Bulk Services B.V. - Netherlands
- Coastal Gujarat Power Limited - India
- Eastern Coal Council - USA
- Sical Logistics Limited - India
- Ministry of Finance - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Global Green Power PLC Corporation, Philippines
- Planning Commission, India
- Aboitiz Power Corporation - Philippines
- IEA Clean Coal Centre - UK
- Wood Mackenzie - Singapore
- Standard Chartered Bank - UAE
- Indian Energy Exchange, India
- Renaissance Capital - South Africa
- Indogreen Group - Indonesia
- Pendopo Energi Batubara - Indonesia
- Indonesian Coal Mining Association
- Aditya Birla Group - India
- Bahari Cakrawala Sebuku - Indonesia
- Kideco Jaya Agung - Indonesia
- Intertek Mineral Services - Indonesia
- Binh Thuan Hamico - Vietnam
- Bukit Baiduri Energy - Indonesia
- Energy Development Corp, Philippines
- TeaM Sual Corporation - Philippines
- Goldman Sachs - Singapore
- Interocean Group of Companies - India
- Orica Mining Services - Indonesia
- Thai Mozambique Logistica
- Bhatia International Limited - India
- Ind-Barath Power Infra Limited - India
- Xindia Steels Limited - India
- Energy Link Ltd, New Zealand
- Parliament of New Zealand
- ICICI Bank Limited - India
- Independent Power Producers Association of India
- Electricity Generating Authority of Thailand
- Merrill Lynch Commodities Europe
- Salva Resources Pvt Ltd - India
- Carbofer General Trading SA - India
- Australian Coal Association
- Gujarat Electricity Regulatory Commission - India
- Formosa Plastics Group - Taiwan
- Mercuria Energy - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Baramulti Group, Indonesia
- LBH Netherlands Bv - Netherlands
- Lanco Infratech Ltd - India
- Mjunction Services Limited - India
- Krishnapatnam Port Company Ltd. - India
- Posco Energy - South Korea
- Singapore Mercantile Exchange
- London Commodity Brokers - England
- Bayan Resources Tbk. - Indonesia
- Karaikal Port Pvt Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Borneo Indobara - Indonesia
- SN Aboitiz Power Inc, Philippines
- Tata Chemicals Ltd - India
- Agrawal Coal Company - India
- ASAPP Information Group - India
- Riau Bara Harum - Indonesia
- PowerSource Philippines DevCo
- Romanian Commodities Exchange
- Siam City Cement PLC, Thailand
- The State Trading Corporation of India Ltd
- Bukit Asam (Persero) Tbk - Indonesia
- Siam City Cement - Thailand
- Karbindo Abesyapradhi - Indoneisa
- Port Waratah Coal Services - Australia
- Kaltim Prima Coal - Indonesia
- Trasteel International SA, Italy
- Kumho Petrochemical, South Korea
- Power Finance Corporation Ltd., India
- International Coal Ventures Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Savvy Resources Ltd - HongKong
- Gujarat Sidhee Cement - India
- Africa Commodities Group - South Africa
- Oldendorff Carriers - Singapore
- Sinarmas Energy and Mining - Indonesia
- Bangladesh Power Developement Board
- SMG Consultants - Indonesia
- PTC India Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Electricity Authority, New Zealand
- Star Paper Mills Limited - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Mercator Lines Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Altura Mining Limited, Indonesia
- CIMB Investment Bank - Malaysia
- Anglo American - United Kingdom
- San Jose City I Power Corp, Philippines
- Straits Asia Resources Limited - Singapore
- Bharathi Cement Corporation - India
- Orica Australia Pty. Ltd.
- Kartika Selabumi Mining - Indonesia
- Iligan Light & Power Inc, Philippines
- Leighton Contractors Pty Ltd - Australia
- Kepco SPC Power Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Medco Energi Mining Internasional
- GMR Energy Limited - India
- Central Electricity Authority - India
- Kalimantan Lumbung Energi - Indonesia
- Samtan Co., Ltd - South Korea
- Wilmar Investment Holdings
- Manunggal Multi Energi - Indonesia
- Heidelberg Cement - Germany
- Maharashtra Electricity Regulatory Commission - India
- Ministry of Mines - Canada
- Minerals Council of Australia
- Antam Resourcindo - Indonesia
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