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Thursday, 20 November 14
DEMAND FOR DRY BULK CARRIERS INCREASES ON THE BACK OF HEIGHTENED FREIGHT RATE MARKET - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
 Ship owners are looking to take advantage of favorable market conditions through the acquisition of more dry bulk carriers. According to shipbrokers’ report over the course of the past week, there has been a very high market activity in the Dry Bulk S&P segment. Allied Shipbroking noted that there are several deals concluded among all sizegroups. “Starting from the smaller to the larger vessels, the “DIAMOND OCEAN”(32k, 2007, Jap) has been reported sold in the region of USD 14 Mill, which appears to be soft when compared to the last done sale of the “PAOLA”(32k, 2004, Jap) at USD 12 Mill one month ago basis SS&DD due”, the shipbroker said.
It added that “on the Supramaxes, the “PAX PHOENIX”(50k, 2001, Jap) –which was very close to be committed to Greeks for USD 10.9 Mill- has finally been sold to Bangladeshi buyer in the region of USD 10.6 Mill. This, indicates a further reduction in asset values of the 10 yrs old Supras, with further drops possible especially after the record low JPY/USD exchange rate reached on Friday. On the other hand, 2 sales took place in the Panamax segment last week achieving levels higher than that of last done. More specifically, “MARINA” (75k, 2000, Jap) and “TETIEN TRADER” (74k, 2001, Jap) have been reported sold for USD 11.75 Mill and USD 12.5 Mill respectively. Both prices appear to be firm enough at first glance, bearing in mind the sale of “MISHIMA” (76k, 2002, Jap) for USD 12.5 Mill during October, however both vessels seem to have cashed in on their high maintenance standards. On the Capesize segment, it has been reported that clients of Laurintzen have sold the “CASSIOPEIA BULKER” (179k, 2011, S.Korea) in the region of USD 42 Mill, following their sale of “CAMILLA BULKER” (179k, 2009, S.Korea) for USD 40 Mill last month. Lastly, this is the first time that we quote a sale of a very modern Japanese owned Newcastlemax. It has been the “FIRST IBIS” (208k, 2010, Jap) which has been reported sold for excess USD 45 Mill to Singapore-based company “RGL”, Allied Shipbroking concluded.
By contrast, according to the latest weekly report from shipbroker Clarkson Hellas, “activity in the newbuilding market remains subdued, with just one order coming to light in dry. A joint venture between Tai Chong Cheang and K-Line (TK50) has contracted a single 182k capesize at Imabari with delivery due in 2017. Apart from clients of Golden Union declaring two further Capes at Hanjin (as reported last week), this is the first Capesize order we’ve seen placed since September. The total number of large bulk carriers (Cape / Newcastlemax) contracted so far in the second half of this year stands at 22 vessels, compared to close to 90 vessels contracted in the first half.
The only other sector which has seen new orders this week is in the feeder container market. Having been under discussion for some time, Hanjin has now confirmed that a European owner has contracted two firm (plus a number of options) 1,900 TEU feeders to be built at their Yeongdo facility in Korea. Delivery of the firm pair is within the third quarter of 2016 with pricing per vessel understood to be in the mid USD 34s mill. The price also includes E3 ice class. Not quite as pronounced as the dry market, however a similar story in terms of the activity since the beginning of the year – with almost double the number of vessels being contracted (around 43) from Jan to June, compared to 23 from July to date (in the sub 3,000 TEU sizes)”, Clarkson Hellas concluded.
In a separate report, Intermodal noted that “it is hard to write about newbuilding without keep stressing the pressure the market is still under. The volume of reported orders remained very low for yet another week, while average prices on the Dry Bulk side softened further, with most notable that of the Capesize, which moved below $55.0m. While ordering appetite seems completely lost at the moment as far as the most conventional sectors are concerned, those like the gas sectors appear to be increasing their attractiveness even to owners outside the sector. The Thenamaris order, for a pair of LPGs at Hyundai Mipo, which was reported last week, will mark the entry of the owner in the LPG sector should it materializes, and at the same times reveals the promise of greater potential that LPGs appear to be currently holding compared to other sectors. In terms of recently reported deals, Norwegian owner, Leif Hoegh has placed an order for one firm and three optional LNG FSRUs (170,000cbm) at Hyundai, in S. Korea, with delivery set in 2016″, the shipbroker concluded.
Source: Nikos Roussanoglou, Hellenic Shipping News
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Tuesday, 02 December 14
U.S WEEKLY COAL PRODUCTION FELL 1.4% WEEK ON WEEK - EIA
COALspot.com – United States the world's one of the largest coal producers, produced approximately 18.6 million short tons (mmst) o ...
Tuesday, 02 December 14
FOB RICHARDS BAY COAL SWAPS LOST MONTH OVER MONTH
COALspot.com: API 4 FOB Richards Bay Coal for delivery Q1' 2015 lost month on month, week on week and day over day.
The Q1 swap has lost U ...
Tuesday, 02 December 14
SUB-BIT FOB INDONESIA COAL Q1' 15 DELIVERY SWAP CLOSED AT US$ 49.50
COALspot.com: Indonesian coal swaps for delivery Q1' 2015 lost month on month, week over week and day on day.
The Q1 swap has lost US$ 0.4 ...
Monday, 01 December 14
SGX'S FOB NEWCASTLE COAL SWAP FOR Q1' 2015 DELIVERY CLOSED AT US$ 52.50
COALspot.com: API 5 FOB Newcastle Coal swap for Q1’ 2015 delivery closed at US$ 52.50 on 28 November after losing US$ 1.20 (-2.23%) month ove ...
Monday, 01 December 14
Q2' 15 DELIVERY CFR SOUTH CHINA COAL SWAP CLOSED 0.42% LOWER THAN Q1' 15 DELIVERY CLOSING
COALspot.com: API 8 CFR South China Coal swap for Q1’ 2015 delivery has decreased US$ 2.45 (-3.78%) month over month and US$ 0.67 (-1.06%) we ...
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- White Energy Company Limited
- Barasentosa Lestari - Indonesia
- GVK Power & Infra Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Bukit Makmur.PT - Indonesia
- Marubeni Corporation - India
- Jaiprakash Power Ventures ltd
- Indo Tambangraya Megah - Indonesia
- The State Trading Corporation of India Ltd
- Lanco Infratech Ltd - India
- Attock Cement Pakistan Limited
- Straits Asia Resources Limited - Singapore
- Gujarat Electricity Regulatory Commission - India
- Coalindo Energy - Indonesia
- Orica Mining Services - Indonesia
- Posco Energy - South Korea
- Simpson Spence & Young - Indonesia
- Savvy Resources Ltd - HongKong
- Trasteel International SA, Italy
- Energy Link Ltd, New Zealand
- Medco Energi Mining Internasional
- Jorong Barutama Greston.PT - Indonesia
- Indika Energy - Indonesia
- Wilmar Investment Holdings
- Salva Resources Pvt Ltd - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Globalindo Alam Lestari - Indonesia
- Parry Sugars Refinery, India
- Kartika Selabumi Mining - Indonesia
- Tata Chemicals Ltd - India
- Bulk Trading Sa - Switzerland
- Aboitiz Power Corporation - Philippines
- Dalmia Cement Bharat India
- The Treasury - Australian Government
- Vijayanagar Sugar Pvt Ltd - India
- Edison Trading Spa - Italy
- GMR Energy Limited - India
- ICICI Bank Limited - India
- Antam Resourcindo - Indonesia
- SMC Global Power, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Uttam Galva Steels Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Madhucon Powers Ltd - India
- SMG Consultants - Indonesia
- Singapore Mercantile Exchange
- Ministry of Mines - Canada
- Global Green Power PLC Corporation, Philippines
- Aditya Birla Group - India
- Sarangani Energy Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Pendopo Energi Batubara - Indonesia
- Siam City Cement - Thailand
- Rio Tinto Coal - Australia
- Commonwealth Bank - Australia
- The University of Queensland
- Ministry of Transport, Egypt
- Ind-Barath Power Infra Limited - India
- Power Finance Corporation Ltd., India
- Makarim & Taira - Indonesia
- Romanian Commodities Exchange
- Binh Thuan Hamico - Vietnam
- Mjunction Services Limited - India
- Renaissance Capital - South Africa
- Deloitte Consulting - India
- Baramulti Group, Indonesia
- Bharathi Cement Corporation - India
- IHS Mccloskey Coal Group - USA
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Formosa Plastics Group - Taiwan
- Global Business Power Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Price Waterhouse Coopers - Russia
- Bayan Resources Tbk. - Indonesia
- Kaltim Prima Coal - Indonesia
- Larsen & Toubro Limited - India
- Petron Corporation, Philippines
- Sical Logistics Limited - India
- Grasim Industreis Ltd - India
- Neyveli Lignite Corporation Ltd, - India
- PTC India Limited - India
- Tamil Nadu electricity Board
- Toyota Tsusho Corporation, Japan
- Anglo American - United Kingdom
- Indian Energy Exchange, India
- GAC Shipping (India) Pvt Ltd
- Electricity Authority, New Zealand
- Leighton Contractors Pty Ltd - Australia
- PowerSource Philippines DevCo
- European Bulk Services B.V. - Netherlands
- Port Waratah Coal Services - Australia
- Wood Mackenzie - Singapore
- Therma Luzon, Inc, Philippines
- CIMB Investment Bank - Malaysia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Georgia Ports Authority, United States
- Pipit Mutiara Jaya. PT, Indonesia
- Sinarmas Energy and Mining - Indonesia
- Kepco SPC Power Corporation, Philippines
- India Bulls Power Limited - India
- Australian Coal Association
- Bangladesh Power Developement Board
- Kumho Petrochemical, South Korea
- SN Aboitiz Power Inc, Philippines
- Directorate Of Revenue Intelligence - India
- Maharashtra Electricity Regulatory Commission - India
- AsiaOL BioFuels Corp., Philippines
- Videocon Industries ltd - India
- Rashtriya Ispat Nigam Limited - India
- Ambuja Cements Ltd - India
- Borneo Indobara - Indonesia
- Orica Australia Pty. Ltd.
- Jindal Steel & Power Ltd - India
- Thiess Contractors Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Semirara Mining and Power Corporation, Philippines
- Maheswari Brothers Coal Limited - India
- IEA Clean Coal Centre - UK
- Latin American Coal - Colombia
- Mercuria Energy - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Bhushan Steel Limited - India
- Timah Investasi Mineral - Indoneisa
- Bhatia International Limited - India
- Ministry of Finance - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Manunggal Multi Energi - Indonesia
- San Jose City I Power Corp, Philippines
- Eastern Coal Council - USA
- Eastern Energy - Thailand
- Sree Jayajothi Cements Limited - India
- Chamber of Mines of South Africa
- Kalimantan Lumbung Energi - Indonesia
- McConnell Dowell - Australia
- Minerals Council of Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- ASAPP Information Group - India
- Cement Manufacturers Association - India
- Chettinad Cement Corporation Ltd - India
- PNOC Exploration Corporation - Philippines
- Vedanta Resources Plc - India
- Xindia Steels Limited - India
- Intertek Mineral Services - Indonesia
- Parliament of New Zealand
- Samtan Co., Ltd - South Korea
- Siam City Cement PLC, Thailand
- Thai Mozambique Logistica
- PetroVietnam Power Coal Import and Supply Company
- Gujarat Sidhee Cement - India
- Cigading International Bulk Terminal - Indonesia
- Australian Commodity Traders Exchange
- Standard Chartered Bank - UAE
- Central Java Power - Indonesia
- Africa Commodities Group - South Africa
- OPG Power Generation Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- VISA Power Limited - India
- Energy Development Corp, Philippines
- Planning Commission, India
- Agrawal Coal Company - India
- Sindya Power Generating Company Private Ltd
- Meenaskhi Energy Private Limited - India
- Carbofer General Trading SA - India
- Global Coal Blending Company Limited - Australia
- MS Steel International - UAE
- Karaikal Port Pvt Ltd - India
- Mintek Dendrill Indonesia
- Coastal Gujarat Power Limited - India
- Krishnapatnam Port Company Ltd. - India
- Indian Oil Corporation Limited
- Indogreen Group - Indonesia
- Electricity Generating Authority of Thailand
- Coal and Oil Company - UAE
- Kideco Jaya Agung - Indonesia
- Malabar Cements Ltd - India
- Alfred C Toepfer International GmbH - Germany
- Star Paper Mills Limited - India
- New Zealand Coal & Carbon
- Petrochimia International Co. Ltd.- Taiwan
- Riau Bara Harum - Indonesia
- Merrill Lynch Commodities Europe
- Bhoruka Overseas - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Central Electricity Authority - India
- Meralco Power Generation, Philippines
- Heidelberg Cement - Germany
- Sojitz Corporation - Japan
- Economic Council, Georgia
- Karbindo Abesyapradhi - Indoneisa
- Metalloyd Limited - United Kingdom
- TeaM Sual Corporation - Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Holcim Trading Pte Ltd - Singapore
- CNBM International Corporation - China
- Banpu Public Company Limited - Thailand
- Semirara Mining Corp, Philippines
- Iligan Light & Power Inc, Philippines
- Independent Power Producers Association of India
- Indonesian Coal Mining Association
- Essar Steel Hazira Ltd - India
- London Commodity Brokers - England
- Bukit Asam (Persero) Tbk - Indonesia
- Altura Mining Limited, Indonesia
- Interocean Group of Companies - India
- South Luzon Thermal Energy Corporation
- Gujarat Mineral Development Corp Ltd - India
- Kapuas Tunggal Persada - Indonesia
- Sakthi Sugars Limited - India
- Ceylon Electricity Board - Sri Lanka
- Mercator Lines Limited - India
- Goldman Sachs - Singapore
- Billiton Holdings Pty Ltd - Australia
- Vizag Seaport Private Limited - India
- Kobexindo Tractors - Indoneisa
- Oldendorff Carriers - Singapore
- Bukit Baiduri Energy - Indonesia
- GN Power Mariveles Coal Plant, Philippines
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