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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, 25 November 14
SUB-BIT FOB INDONESIA COAL SWAP FOR Q2' 15 DELIVERY CLOSED AT $ 49.55
COALspot.com: Indonesian coal swaps for delivery Q1' 2015 lost month on month, gained week on week.
The Q1 swap has lost US$ 0.12 (-0.24%) ...
Monday, 24 November 14
CHOPPY WATERS IN DRY BULK - SGX
COALspot.com: Dry bulk freight rates have experienced a sharp rise in volatility in recent weeks as bulk commodity supply has ramped up, said SGX i ...
Monday, 24 November 14
Q1 2015 FOB NEWCASTLE COAL SWAP CLOSED AT $ 52.73
COALspot.com: API 5 FOB Newcastle Coal swap for Q1’ 2015 delivery closed at US$ 52.73 on 21 November after losing US$ 0.40 (-0.75%) month ove ...
Monday, 24 November 14
CFR SOUTH CHINA COAL: Q2' 15 COAL SWAPS CLOSED LOWER COMPARED TO Q1' 15 SWAPS
COALspot.com: API 8 CFR South China Coal swap for Q1’ 2015 delivery has decreased US$ 0.63 (-0.99%) month over month and US$ 0.12 (-0.19%) da ...
Sunday, 23 November 14
SPOT FREIGHT RATES IMPROVED SLIGHTLY OVER PREVIOUS WEEK
COALspot.com: The BDI was up 5.41 pct week on week and closed at 1,324 points on Friday. All the segments were up this week except Panamax index.&n ...
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Showing 3351 to 3355 news of total 6871 |
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- Meralco Power Generation, Philippines
- Metalloyd Limited - United Kingdom
- Sakthi Sugars Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Jorong Barutama Greston.PT - Indonesia
- Riau Bara Harum - Indonesia
- Intertek Mineral Services - Indonesia
- New Zealand Coal & Carbon
- Agrawal Coal Company - India
- Energy Link Ltd, New Zealand
- Posco Energy - South Korea
- Star Paper Mills Limited - India
- Port Waratah Coal Services - Australia
- Karaikal Port Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Simpson Spence & Young - Indonesia
- PTC India Limited - India
- Indian Oil Corporation Limited
- McConnell Dowell - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Xindia Steels Limited - India
- Sree Jayajothi Cements Limited - India
- Electricity Generating Authority of Thailand
- Dalmia Cement Bharat India
- Independent Power Producers Association of India
- Vedanta Resources Plc - India
- Manunggal Multi Energi - Indonesia
- European Bulk Services B.V. - Netherlands
- Chettinad Cement Corporation Ltd - India
- Oldendorff Carriers - Singapore
- Global Green Power PLC Corporation, Philippines
- Mintek Dendrill Indonesia
- PNOC Exploration Corporation - Philippines
- Trasteel International SA, Italy
- GMR Energy Limited - India
- Uttam Galva Steels Limited - India
- Orica Mining Services - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Videocon Industries ltd - India
- Wilmar Investment Holdings
- Standard Chartered Bank - UAE
- South Luzon Thermal Energy Corporation
- Rio Tinto Coal - Australia
- Vijayanagar Sugar Pvt Ltd - India
- Bukit Makmur.PT - Indonesia
- Coastal Gujarat Power Limited - India
- White Energy Company Limited
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Essar Steel Hazira Ltd - India
- Coalindo Energy - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Tata Chemicals Ltd - India
- India Bulls Power Limited - India
- Sical Logistics Limited - India
- Thiess Contractors Indonesia
- Tamil Nadu electricity Board
- CIMB Investment Bank - Malaysia
- OPG Power Generation Pvt Ltd - India
- Thai Mozambique Logistica
- PowerSource Philippines DevCo
- Timah Investasi Mineral - Indoneisa
- Georgia Ports Authority, United States
- Savvy Resources Ltd - HongKong
- GAC Shipping (India) Pvt Ltd
- Globalindo Alam Lestari - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Bulk Trading Sa - Switzerland
- Minerals Council of Australia
- Singapore Mercantile Exchange
- The Treasury - Australian Government
- Indika Energy - Indonesia
- Bharathi Cement Corporation - India
- Borneo Indobara - Indonesia
- The State Trading Corporation of India Ltd
- Semirara Mining Corp, Philippines
- Neyveli Lignite Corporation Ltd, - India
- Central Java Power - Indonesia
- Altura Mining Limited, Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Larsen & Toubro Limited - India
- Commonwealth Bank - Australia
- ASAPP Information Group - India
- Kobexindo Tractors - Indoneisa
- Wood Mackenzie - Singapore
- Therma Luzon, Inc, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Global Business Power Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- VISA Power Limited - India
- Banpu Public Company Limited - Thailand
- Jindal Steel & Power Ltd - India
- Electricity Authority, New Zealand
- Lanco Infratech Ltd - India
- Parry Sugars Refinery, India
- Eastern Energy - Thailand
- Bhoruka Overseas - Indonesia
- MS Steel International - UAE
- Maheswari Brothers Coal Limited - India
- AsiaOL BioFuels Corp., Philippines
- London Commodity Brokers - England
- Vizag Seaport Private Limited - India
- Economic Council, Georgia
- GVK Power & Infra Limited - India
- Makarim & Taira - Indonesia
- Goldman Sachs - Singapore
- Petron Corporation, Philippines
- Baramulti Group, Indonesia
- Power Finance Corporation Ltd., India
- Medco Energi Mining Internasional
- Pendopo Energi Batubara - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Kepco SPC Power Corporation, Philippines
- Energy Development Corp, Philippines
- Ind-Barath Power Infra Limited - India
- Bhatia International Limited - India
- The University of Queensland
- Semirara Mining and Power Corporation, Philippines
- Chamber of Mines of South Africa
- Interocean Group of Companies - India
- Toyota Tsusho Corporation, Japan
- Global Coal Blending Company Limited - Australia
- Jaiprakash Power Ventures ltd
- GN Power Mariveles Coal Plant, Philippines
- SMG Consultants - Indonesia
- Parliament of New Zealand
- Petrochimia International Co. Ltd.- Taiwan
- Anglo American - United Kingdom
- Kaltim Prima Coal - Indonesia
- Indogreen Group - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Aditya Birla Group - India
- Bhushan Steel Limited - India
- Sojitz Corporation - Japan
- SN Aboitiz Power Inc, Philippines
- Carbofer General Trading SA - India
- LBH Netherlands Bv - Netherlands
- Siam City Cement PLC, Thailand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Binh Thuan Hamico - Vietnam
- Indonesian Coal Mining Association
- Barasentosa Lestari - Indonesia
- Australian Coal Association
- TNB Fuel Sdn Bhd - Malaysia
- Deloitte Consulting - India
- Mjunction Services Limited - India
- Formosa Plastics Group - Taiwan
- Madhucon Powers Ltd - India
- CNBM International Corporation - China
- Kumho Petrochemical, South Korea
- Salva Resources Pvt Ltd - India
- Renaissance Capital - South Africa
- Aboitiz Power Corporation - Philippines
- Australian Commodity Traders Exchange
- Planning Commission, India
- Bank of Tokyo Mitsubishi UFJ Ltd
- IHS Mccloskey Coal Group - USA
- Eastern Coal Council - USA
- Siam City Cement - Thailand
- Antam Resourcindo - Indonesia
- Meenaskhi Energy Private Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Kapuas Tunggal Persada - Indonesia
- Africa Commodities Group - South Africa
- Sarangani Energy Corporation, Philippines
- Indian Energy Exchange, India
- Attock Cement Pakistan Limited
- Heidelberg Cement - Germany
- Iligan Light & Power Inc, Philippines
- TeaM Sual Corporation - Philippines
- Straits Asia Resources Limited - Singapore
- Ministry of Finance - Indonesia
- Edison Trading Spa - Italy
- Coal and Oil Company - UAE
- Ministry of Transport, Egypt
- Bayan Resources Tbk. - Indonesia
- Leighton Contractors Pty Ltd - Australia
- Grasim Industreis Ltd - India
- Indo Tambangraya Megah - Indonesia
- Gujarat Sidhee Cement - India
- Price Waterhouse Coopers - Russia
- Bukit Asam (Persero) Tbk - Indonesia
- Krishnapatnam Port Company Ltd. - India
- International Coal Ventures Pvt Ltd - India
- Mercator Lines Limited - India
- Marubeni Corporation - India
- Gujarat Mineral Development Corp Ltd - India
- Cement Manufacturers Association - India
- Kartika Selabumi Mining - Indonesia
- Malabar Cements Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Orica Australia Pty. Ltd.
- Ministry of Mines - Canada
- Mercuria Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Pipit Mutiara Jaya. PT, Indonesia
- Samtan Co., Ltd - South Korea
- Cigading International Bulk Terminal - Indonesia
- SMC Global Power, Philippines
- Merrill Lynch Commodities Europe
- Kideco Jaya Agung - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Latin American Coal - Colombia
- Ambuja Cements Ltd - India
- Central Electricity Authority - India
- Miang Besar Coal Terminal - Indonesia
- Sinarmas Energy and Mining - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Bangladesh Power Developement Board
- IEA Clean Coal Centre - UK
- San Jose City I Power Corp, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Ceylon Electricity Board - Sri Lanka
- ICICI Bank Limited - India
- Sindya Power Generating Company Private Ltd
- Karbindo Abesyapradhi - Indoneisa
- Romanian Commodities Exchange
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