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Thursday, 27 June 13
DRY BULK CARRIERS DOMINATE NEWBUILDING ORDERS AS SHIP OWNERS ARE ENCOURAGED BY LATEST FREIGHT RATE RALLY - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
 Newbuilding orders for dry bulk carriers were already high, compared to last year, prior to the latest rally of the Baltic Dry Index (BDI), which has seen the index rising close to 1,100 points. As such, it was only natural that ever more orders for bulkers would pour in, now that the market has bounced back. According to the latest weekly report from shipbroker Clarkson Hellas, further to last week's report, "of clients of Golden Ocean placing an order for three firm plus three option Ultramax at Chengxi, we understand that Wah Kwong have declared four further options for SDARI design 64,000 DWT Ultramax at Chengxi making a total order of eight firm vessels. Delivery of these options is spread between end 2015 and early 2016. It was also reported this week that Clients of Sammok Shipping have placed an order for two firm plus two option 64,000 DWT Ultramax at New Times, with delivery of the firm vessels understood to be in the second half of 2015 and options in 2016.
This week has seen a further four firm plus four option of the SDARI 64,000 DWT design at Jiangsu Hantong. This order placed by Conti Reederei was reportedly priced at USD 24.5 Mill per vessel with delivery of all firm vessels in the first half of 2015 and options in 2015 if declared. Also in China, Marine Capital (MCL) are reported this week to have placed an order for two firm plus a total of two option Crown 63 Ultramax at Sinopacific. Understood to have been signed earlier this year, the vessels are to be built at Sinopacific’s Dayang facility with delivery from the second half of 2014. Also at Dayang, GSD Marin are reported to have declared an option for Crown 63, making a total of two firm vessels both for delivery in 2014.
In the same sector, it is also understood that Oshima SB has received an order for two firm 60,000 DWT Ultramax placed by DACC Maritime, a joint venture between D’Amico and Coeclerici. Pricing remains undisclosed, however delivery is understood to be planned for September and December 2015 for the firm vessels and 2016 for the options if declared. Finally in dry, it was reported that Nisshin Shipping has placed an order for four firm 39,000 DWT Handysize at Jiangmen Nanyang. Pricing for this deal is in the region USD 22 Mill with delivery of all vessels in 2015", Clarkson Hellas noted on the dry bulk market ordering activity.
Meanwhile, in a separate report, Piraeus-based shipbroker Golden Destiny noted that "in the newbuilding market, significant volume of business is being reported for bulk carriers and containers, with none reported activity for tankers and only 3 new contracts in the gas tanker segment for LPG carriers. Chinese shipyards appeared to have won the new business contracted in the bulk carrier segment, while South Korean yards sealed orders for large LPG carriers and post panamax containerships.
Overall, the week closed with 53 fresh orders reported worldwide at a total deadweight of 2,828,000 tons, posting 61% week-onweek increase from previous week, with bulk carriers holding 51% share of the total volume of new orders, gas tankers 5.6%, containers 17% and special projects 26.4%. This week’s total newbuilding business is down by 3.6% from similar week’s closing in 2012, when 55 fresh orders had been reported, 5 bulkers, 6 tankers, 1 gas tanker, 13 containers and 30 special projects. In terms of invested capital, the total amount of money invested is difficult to be estimated with accuracy as the contract price has not been revealed for 31 transactions. A hefty amount of money is invested in the offshore, bulk carrier and container segments for 27, 9 and 14 new contracts respectively. Compared with previous week’s levels, large increase in the volume of new orders is recorded in the container segment, 125% against 69% week-on-week increase in the bulk carrier segment", Golden Destiny said.
It added that "in the gas tanker segment, Norway’s LPG shipping specialist Solvang ordered two large LPG carriers of 60,000cbm at South Korean yard Hyundai’s Heavy Industries for delivery in the first quarter of 2015. The newbuilding cost believed to be in the region of $72mil each. In the small LPG segment, Georgas of Switzerland ordered one 5,000cbm carrier at Japan’s Murakimi Shipyard at an undisclosed contract price for delivery in 2015.
In the LNG segment, Malaysian carrier MISC is planning to expand its LNG fleet by about eight new carriers, all to be secured with long-term charter agreements with PETRONAS. The Malaysian carrier is negotiating with South Korean shipbuilders, they said, citing limited capacity in Japanese yards. The contracts are expected to be signed this year.
In the container segment, Chinese yards are in the course of a new scheme of building mega boxships to compete with South Korean. Sources suggest that French carrier CMA CGM is under plans to proceed with the construction of nine 16,000 TEU boxships with China State Shipbuilding Corp’s Shanghai Waigaoqiao Shipbuilding p via building and leasing deal.
South Korean shipbuilder, Hyundai Heavy Industries secured new business from Greek and German shipping players for post panamax vessels. Greece’s Oceanbulk Maritime placed an order for two 9,200 TEU boxships, with an option of two more, for delivery in 2015 at a newbuilding cost of about $83mil each. In addition, German’s Hamburg Sud ordered three 9,000TEU boxships for delivery in 2014 at a newbuilding cost in the region of $81-$84mil each. In the sub-panamax segment, Lomar Shipping of Greece ordered one 2,200 TEU boxship at China’s Guangzhou Wenchong Shipyard for delivery in 2014 at a newbuilding cost of about $25mil. In the offshore segment, Chinese yard Shanghai Waigaoqiao Shipbuilding’s offshore units has won its first order for the construction of two platform supply vessels from an undisclosed Singaporean owner, with an option for two more", the shipbroker concluded.
Source: Nikos Roussanoglou, Hellenic Shipping News
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Wednesday, 03 July 13
NEWCASTLE COAL EXPORTS DIP 24.79 PER CENT WOW
COALspot.com - Newcastle Coal exports fell 24.79% to 2.33 million tons WoW.
Newcastle port in Australia has loaded 2,332,513 tons of coal for the ...
Monday, 01 July 13
12TH CLEAN COAL FORUM INDONESIA 2013
Press Release: Produced by CDMC Events, The 12th Clean Coal Forum Indonesia 2013 will be held on Dec 5-6,2013 in Jakarta, Indonesia. It will generat ...
Monday, 01 July 13
INDIA AND CHINA STILL DOMINATING THE INDONESIAN THERMAL COAL EXPORT MARKET
COALspot.com: Indonesia, the world's largest multi types coal exporter shipped 35.83* million tons of coal in May 2013, 1.40 per cent l ...
Sunday, 30 June 13
YEAR 2014 INDO SUB-BIT COAL SWAPS EXPECTED TO STAY BELOW 2013 LEVEL
COALspot.com – Sub-Bit Indonesia coal swaps (FOB ) for average August 2013 delivery have gained 0.08 percent on a day lost on week ...
Sunday, 30 June 13
CAPESIZE RATES SEEN INCREASING ON HIGH DEMAND - VISTAAR
COALspot.com - The BDI continued to rise and saw a big gain on Friday. BDI increased 14 per cent week ended 28 June 2013, closed at 1171 points driv ...
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- Gujarat Electricity Regulatory Commission - India
- IHS Mccloskey Coal Group - USA
- Meralco Power Generation, Philippines
- Port Waratah Coal Services - Australia
- Intertek Mineral Services - Indonesia
- Global Green Power PLC Corporation, Philippines
- Xindia Steels Limited - India
- Kapuas Tunggal Persada - Indonesia
- Sojitz Corporation - Japan
- Borneo Indobara - Indonesia
- Indogreen Group - Indonesia
- Banpu Public Company Limited - Thailand
- European Bulk Services B.V. - Netherlands
- SMC Global Power, Philippines
- The State Trading Corporation of India Ltd
- Parliament of New Zealand
- Carbofer General Trading SA - India
- Electricity Generating Authority of Thailand
- Globalindo Alam Lestari - Indonesia
- South Luzon Thermal Energy Corporation
- Semirara Mining and Power Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Energy Development Corp, Philippines
- Chamber of Mines of South Africa
- Cement Manufacturers Association - India
- Sree Jayajothi Cements Limited - India
- PNOC Exploration Corporation - Philippines
- Bhatia International Limited - India
- Marubeni Corporation - India
- Australian Commodity Traders Exchange
- Coalindo Energy - Indonesia
- Sakthi Sugars Limited - India
- Vizag Seaport Private Limited - India
- Parry Sugars Refinery, India
- Directorate General of MIneral and Coal - Indonesia
- Altura Mining Limited, Indonesia
- Independent Power Producers Association of India
- McConnell Dowell - Australia
- Minerals Council of Australia
- Sindya Power Generating Company Private Ltd
- Simpson Spence & Young - Indonesia
- PowerSource Philippines DevCo
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Iligan Light & Power Inc, Philippines
- Bhoruka Overseas - Indonesia
- Indika Energy - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Ambuja Cements Ltd - India
- SN Aboitiz Power Inc, Philippines
- Jaiprakash Power Ventures ltd
- Indo Tambangraya Megah - Indonesia
- The University of Queensland
- Karbindo Abesyapradhi - Indoneisa
- Eastern Coal Council - USA
- Planning Commission, India
- Salva Resources Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Indian Energy Exchange, India
- Metalloyd Limited - United Kingdom
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Ministry of Finance - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Mercator Lines Limited - India
- Essar Steel Hazira Ltd - India
- Orica Australia Pty. Ltd.
- VISA Power Limited - India
- Africa Commodities Group - South Africa
- San Jose City I Power Corp, Philippines
- Wilmar Investment Holdings
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Posco Energy - South Korea
- Bukit Baiduri Energy - Indonesia
- Barasentosa Lestari - Indonesia
- Rio Tinto Coal - Australia
- Thai Mozambique Logistica
- TNB Fuel Sdn Bhd - Malaysia
- Pendopo Energi Batubara - Indonesia
- New Zealand Coal & Carbon
- Therma Luzon, Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Trasteel International SA, Italy
- Dalmia Cement Bharat India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Semirara Mining Corp, Philippines
- ASAPP Information Group - India
- Siam City Cement - Thailand
- Anglo American - United Kingdom
- Bulk Trading Sa - Switzerland
- Standard Chartered Bank - UAE
- Sinarmas Energy and Mining - Indonesia
- Merrill Lynch Commodities Europe
- Bukit Makmur.PT - Indonesia
- GVK Power & Infra Limited - India
- Ministry of Transport, Egypt
- Global Business Power Corporation, Philippines
- Malabar Cements Ltd - India
- Leighton Contractors Pty Ltd - Australia
- Grasim Industreis Ltd - India
- Mercuria Energy - Indonesia
- Deloitte Consulting - India
- Attock Cement Pakistan Limited
- Kartika Selabumi Mining - Indonesia
- Bharathi Cement Corporation - India
- Savvy Resources Ltd - HongKong
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Makarim & Taira - Indonesia
- Australian Coal Association
- Cigading International Bulk Terminal - Indonesia
- Directorate Of Revenue Intelligence - India
- Formosa Plastics Group - Taiwan
- Larsen & Toubro Limited - India
- Goldman Sachs - Singapore
- Rashtriya Ispat Nigam Limited - India
- Heidelberg Cement - Germany
- Global Coal Blending Company Limited - Australia
- London Commodity Brokers - England
- Ind-Barath Power Infra Limited - India
- CIMB Investment Bank - Malaysia
- Madhucon Powers Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Coal and Oil Company - UAE
- Commonwealth Bank - Australia
- Oldendorff Carriers - Singapore
- Kobexindo Tractors - Indoneisa
- Gujarat Sidhee Cement - India
- Kideco Jaya Agung - Indonesia
- Sarangani Energy Corporation, Philippines
- Ceylon Electricity Board - Sri Lanka
- LBH Netherlands Bv - Netherlands
- Tata Chemicals Ltd - India
- ICICI Bank Limited - India
- Straits Asia Resources Limited - Singapore
- Central Electricity Authority - India
- Chettinad Cement Corporation Ltd - India
- Bayan Resources Tbk. - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Meenaskhi Energy Private Limited - India
- Antam Resourcindo - Indonesia
- Agrawal Coal Company - India
- Maheswari Brothers Coal Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Georgia Ports Authority, United States
- Romanian Commodities Exchange
- India Bulls Power Limited - India
- Samtan Co., Ltd - South Korea
- Timah Investasi Mineral - Indoneisa
- Baramulti Group, Indonesia
- Aditya Birla Group - India
- Bangladesh Power Developement Board
- CNBM International Corporation - China
- Indonesian Coal Mining Association
- Coastal Gujarat Power Limited - India
- Kumho Petrochemical, South Korea
- Interocean Group of Companies - India
- PTC India Limited - India
- Sical Logistics Limited - India
- Alfred C Toepfer International GmbH - Germany
- Indian Oil Corporation Limited
- Latin American Coal - Colombia
- Petron Corporation, Philippines
- Wood Mackenzie - Singapore
- Asmin Koalindo Tuhup - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- IEA Clean Coal Centre - UK
- Bhushan Steel Limited - India
- Energy Link Ltd, New Zealand
- Price Waterhouse Coopers - Russia
- Binh Thuan Hamico - Vietnam
- Singapore Mercantile Exchange
- Billiton Holdings Pty Ltd - Australia
- PetroVietnam Power Coal Import and Supply Company
- TeaM Sual Corporation - Philippines
- International Coal Ventures Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Miang Besar Coal Terminal - Indonesia
- OPG Power Generation Pvt Ltd - India
- Riau Bara Harum - Indonesia
- Kepco SPC Power Corporation, Philippines
- Siam City Cement PLC, Thailand
- Tamil Nadu electricity Board
- Videocon Industries ltd - India
- Electricity Authority, New Zealand
- AsiaOL BioFuels Corp., Philippines
- MS Steel International - UAE
- Mintek Dendrill Indonesia
- Toyota Tsusho Corporation, Japan
- Offshore Bulk Terminal Pte Ltd, Singapore
- Renaissance Capital - South Africa
- Krishnapatnam Port Company Ltd. - India
- Aboitiz Power Corporation - Philippines
- The Treasury - Australian Government
- Jindal Steel & Power Ltd - India
- Economic Council, Georgia
- Vedanta Resources Plc - India
- Uttam Galva Steels Limited - India
- Manunggal Multi Energi - Indonesia
- Central Java Power - Indonesia
- SMG Consultants - Indonesia
- Edison Trading Spa - Italy
- White Energy Company Limited
- Kalimantan Lumbung Energi - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Power Finance Corporation Ltd., India
- Mjunction Services Limited - India
- Eastern Energy - Thailand
- Orica Mining Services - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Thiess Contractors Indonesia
- Ministry of Mines - Canada
- Kaltim Prima Coal - Indonesia
- Lanco Infratech Ltd - India
- Star Paper Mills Limited - India
- GAC Shipping (India) Pvt Ltd
- GMR Energy Limited - India
- Medco Energi Mining Internasional
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