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Tuesday, 23 December 14
SHIPOWNERS ARE FINALIZING MORE DEALS AS YEAR END COMES CLOSER - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS WORLDWIDE
With the 2014 year just a few days before waving goodbye, shipowners are looking to close their pending deals in both the newbuilding and S&P markets. According to the latest weekly report from shipbroker Clarkson Hellas, “this week in dry, Clients of Pacific Carriers Limited, Singapore are reported to have ordered a second 37,300 DWT Bulker at Shimanami Shipbuilding in Japan. Pricing and delivery are not disclosed; however delivery of the initial order is planned for the first quarter of 2015. It is also understood that Clients of ID Shipping have ordered one firm 38,000 DWT Bulker at Imabari Shipbuilding, which will be the third vessel in their fleet built from Imabari”.
Clarkson Hellas also added that there was “a number of orders to report in tankers, starting with three firm (plus two option) 158,500 DWT Suezmax from Clients led by Tulshyan Group (Singapore) at Shanghai Waigaoqiao Shipbuilding. The firm vessels will be delivered throughout the fourth quarter of 2016 and the first half of 2017, and the optional vessels are set to be delivered later in 2017 if declared. Sonangol have contracted two firm plus two optional 156,290 DWT Suezmax at DSME. These vessels will be delivered throughout 2017 from DSME’s Korean facilities in Okpo. China Merchants Group declared one further option of 319,000 DWT VLCC at Dalian Shipbuilding for delivery in 2017, taking their total series on order to eight vessels. Although the contracts were signed last month, it has come to light this week that Huangpu Wenchong have contracted two firm plus two optional 12,800 DWT Asphalt & Bitumen Carriers with Tianjin Southwest Maritime. The firm units are due for delivery in the fourth quarter of 2016 and the optional units will be delivered within 2017. STX Offshore & Shipbuilding have announced contracting four firm 74,000 DWT LR1 with BW Pacific for delivery in 2016 and 2017. It is understood that there are six further options all due for delivery in 2017″, it noted.
Finally, Clarkson Hellas mentioned that “in gas, DSME have signed six firm 174,000 CBM LNG Carriers with BP Shipping. These vessels are set to be delivered from 2018 onwards until the first quarter of 2019 from Okpo. In addition to this order, DSME have an additional 33 LNG Carriers on order. In other sectors, BigRoll have declared an option for further one 21,000 DWT Transport / Heavy Lift vessel at COSCO Dalian for delivery in the first quarter in 2017, which will be the fourth vessel in the series. Carnival Cruise Lines have added one 135,000 GT Cruise Ship at Fincantieri’s Malfacone yard for delivery in the first quarter of 2018, while Holland America Line have also added one 99,000 GT Cruise Ship at Fincantieri’s Marghera yard for delivery in the fourth quarter of 2018. Both vessels will be the 2nd units in each series”.
Meanwhile, last week was another relatively quiet week in the newbuilding market, with just one new order to report in dry, Clarkson Hellas had noted. According to the shipbroker’s report, “it is understood that Vogemann have contracted four firm, plus two optional 38,000 DWT Handysize Bulkers at AVIC Weihai Shipyard in China. The firm vessels will be delivered throughout the second half of 2016 and the first quarter of 2017, and the optional vessels are set to be delivered later in 2017, if declared. Vogemann already have six 36,700 DWT Handysize Bulkers on order at Weihai Samjin, and the new orders are understood to be the replacement for these. There are thirteen more Handysize Bulkers in AVIC Weihai’s orderbook, for a number of overseas clients.
In tankers, Keo Young Shipping have placed an order at Nakatani Shipbuilding of Japan for two firm 1,800 DWT Chemical Tankers with delivery in 2016. Based in South Korea, Keo Young Shipping currently have sixteen Chemical / Product Carriers in their fleet. Apart from these orders, Nakatani have one 3,600 DWT Asphalt / Bitumen Carrier and one 6,300 DWT MPP on order. There are two new reported orders in the gas sector, with K-Line announcing their second order of 164,700 CBM LNG Carrier at Kawasaki Heavy Industries (KHI). This vessel will be delivered within the fourth quarter of 2016 from KHI’s Sakaide yard. K-Line also have one 182,000 CBM LNG Carrier on order at KHI for delivery in the fourth quarter of 2016. Additionally, it is understood that Teekay have declared options for three further 173,400 CBM LNG Carriers at DSME all due to deliver in 2018″, Clarkson Hellas concluded.
Source: Nikos Roussanoglou, Hellenic Shipping News Worldwide
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Tuesday, 23 December 14
Q4'15 FOB RICHARDS BAY COAL SWAPS FALL $ 3.85 IN A MONTH
COALspot.com: API 4 FOB Richards Bay Coal for delivery Q1' 2015 lost month on month.
The Q1 swap has lost US$ 2.13 (-3.17%) month on month ...
Monday, 22 December 14
Q2'15 CFR SOUTH CHINA COAL SWAP CLOSED $ 0.30 LOWER THAN Q1'15 CLOSING
COALspot.com: API 8 CFR South China Coal swap for Q1’ 2015 delivery has decreased by US$ 3.67 (-5.81%) month over month and US$ 0.35 (-0.58%) ...
Monday, 22 December 14
API 5 FOB NEWCASTLE COAL SWAPS ARE HEADING SOUTH
COALspot.com: API 5 FOB Newcastle Coal swap for Q1’ 2015 delivery lost US$ 1.71 per MT (-3.24%) and closed at US$ 51.02 on 19 December month ...
Sunday, 21 December 14
PANAMAX COAL FREIGHT FROM INDONESIA TO INDIA FALLS FURTHER
COALspot.com: The BDI continued its fall as cape index lost heavily week on week.
The BDI was down 6.95 percent week over week and closed at 8 ...
Friday, 19 December 14
HOW WILL LOWER BUNKER PRICES AFFECT THE SUBSTANTIAL OVERCAPACITY IN DRY BULK MARKET? - BIMCO
As bunker fuel costs have come down from USD 600 per tonnes to USD 330 per tonnes in the past 6 months, much talk about increased ship speed have s ...
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- Grasim Industreis Ltd - India
- Lanco Infratech Ltd - India
- Bukit Baiduri Energy - Indonesia
- VISA Power Limited - India
- Karaikal Port Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Orica Mining Services - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bhatia International Limited - India
- PTC India Limited - India
- Cement Manufacturers Association - India
- Latin American Coal - Colombia
- Coalindo Energy - Indonesia
- Mjunction Services Limited - India
- IEA Clean Coal Centre - UK
- Edison Trading Spa - Italy
- The State Trading Corporation of India Ltd
- PowerSource Philippines DevCo
- San Jose City I Power Corp, Philippines
- Maheswari Brothers Coal Limited - India
- Indika Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Thai Mozambique Logistica
- Billiton Holdings Pty Ltd - Australia
- Chamber of Mines of South Africa
- Central Electricity Authority - India
- Siam City Cement - Thailand
- Antam Resourcindo - Indonesia
- Gujarat Sidhee Cement - India
- Sical Logistics Limited - India
- GAC Shipping (India) Pvt Ltd
- Coastal Gujarat Power Limited - India
- Interocean Group of Companies - India
- The University of Queensland
- GMR Energy Limited - India
- Deloitte Consulting - India
- Videocon Industries ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Trasteel International SA, Italy
- Minerals Council of Australia
- Kobexindo Tractors - Indoneisa
- Thiess Contractors Indonesia
- Indogreen Group - Indonesia
- IHS Mccloskey Coal Group - USA
- Kalimantan Lumbung Energi - Indonesia
- Bhoruka Overseas - Indonesia
- Carbofer General Trading SA - India
- Metalloyd Limited - United Kingdom
- Petron Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Posco Energy - South Korea
- Toyota Tsusho Corporation, Japan
- Georgia Ports Authority, United States
- Petrochimia International Co. Ltd.- Taiwan
- Bayan Resources Tbk. - Indonesia
- Electricity Authority, New Zealand
- Jorong Barutama Greston.PT - Indonesia
- Medco Energi Mining Internasional
- Global Business Power Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Global Coal Blending Company Limited - Australia
- Anglo American - United Kingdom
- Vijayanagar Sugar Pvt Ltd - India
- TNB Fuel Sdn Bhd - Malaysia
- Intertek Mineral Services - Indonesia
- Australian Coal Association
- Standard Chartered Bank - UAE
- Pendopo Energi Batubara - Indonesia
- New Zealand Coal & Carbon
- Oldendorff Carriers - Singapore
- Planning Commission, India
- Formosa Plastics Group - Taiwan
- Africa Commodities Group - South Africa
- Wood Mackenzie - Singapore
- Economic Council, Georgia
- Jindal Steel & Power Ltd - India
- Energy Development Corp, Philippines
- Globalindo Alam Lestari - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Global Green Power PLC Corporation, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sinarmas Energy and Mining - Indonesia
- Uttam Galva Steels Limited - India
- Meralco Power Generation, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Siam City Cement PLC, Thailand
- Ministry of Mines - Canada
- Essar Steel Hazira Ltd - India
- McConnell Dowell - Australia
- CNBM International Corporation - China
- GVK Power & Infra Limited - India
- OPG Power Generation Pvt Ltd - India
- Simpson Spence & Young - Indonesia
- Kumho Petrochemical, South Korea
- Australian Commodity Traders Exchange
- White Energy Company Limited
- Pipit Mutiara Jaya. PT, Indonesia
- Therma Luzon, Inc, Philippines
- CIMB Investment Bank - Malaysia
- TeaM Sual Corporation - Philippines
- SMG Consultants - Indonesia
- Rio Tinto Coal - Australia
- LBH Netherlands Bv - Netherlands
- International Coal Ventures Pvt Ltd - India
- Central Java Power - Indonesia
- Sarangani Energy Corporation, Philippines
- Savvy Resources Ltd - HongKong
- Tata Chemicals Ltd - India
- Directorate Of Revenue Intelligence - India
- Banpu Public Company Limited - Thailand
- Eastern Coal Council - USA
- Tamil Nadu electricity Board
- Ministry of Transport, Egypt
- ASAPP Information Group - India
- Ind-Barath Power Infra Limited - India
- MS Steel International - UAE
- Indonesian Coal Mining Association
- Asmin Koalindo Tuhup - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Semirara Mining Corp, Philippines
- Karbindo Abesyapradhi - Indoneisa
- Aditya Birla Group - India
- Parry Sugars Refinery, India
- Vizag Seaport Private Limited - India
- Bangladesh Power Developement Board
- Neyveli Lignite Corporation Ltd, - India
- Commonwealth Bank - Australia
- Kartika Selabumi Mining - Indonesia
- London Commodity Brokers - England
- PetroVietnam Power Coal Import and Supply Company
- South Luzon Thermal Energy Corporation
- Sree Jayajothi Cements Limited - India
- Heidelberg Cement - Germany
- GN Power Mariveles Coal Plant, Philippines
- Rashtriya Ispat Nigam Limited - India
- Electricity Generating Authority of Thailand
- Makarim & Taira - Indonesia
- Riau Bara Harum - Indonesia
- Indo Tambangraya Megah - Indonesia
- European Bulk Services B.V. - Netherlands
- Semirara Mining and Power Corporation, Philippines
- SMC Global Power, Philippines
- Miang Besar Coal Terminal - Indonesia
- Vedanta Resources Plc - India
- Aboitiz Power Corporation - Philippines
- Bulk Trading Sa - Switzerland
- Bharathi Cement Corporation - India
- Ministry of Finance - Indonesia
- Mintek Dendrill Indonesia
- PNOC Exploration Corporation - Philippines
- Mercuria Energy - Indonesia
- ICICI Bank Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Chettinad Cement Corporation Ltd - India
- Larsen & Toubro Limited - India
- Madhucon Powers Ltd - India
- Straits Asia Resources Limited - Singapore
- Samtan Co., Ltd - South Korea
- Star Paper Mills Limited - India
- Parliament of New Zealand
- Offshore Bulk Terminal Pte Ltd, Singapore
- Malabar Cements Ltd - India
- Barasentosa Lestari - Indonesia
- Sakthi Sugars Limited - India
- Energy Link Ltd, New Zealand
- Power Finance Corporation Ltd., India
- Merrill Lynch Commodities Europe
- Ambuja Cements Ltd - India
- Salva Resources Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Iligan Light & Power Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Port Waratah Coal Services - Australia
- Attock Cement Pakistan Limited
- Meenaskhi Energy Private Limited - India
- Xindia Steels Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- India Bulls Power Limited - India
- Independent Power Producers Association of India
- Alfred C Toepfer International GmbH - Germany
- SN Aboitiz Power Inc, Philippines
- Sindya Power Generating Company Private Ltd
- Manunggal Multi Energi - Indonesia
- Marubeni Corporation - India
- Ceylon Electricity Board - Sri Lanka
- Bukit Makmur.PT - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Baramulti Group, Indonesia
- Price Waterhouse Coopers - Russia
- Krishnapatnam Port Company Ltd. - India
- Kepco SPC Power Corporation, Philippines
- Renaissance Capital - South Africa
- Coal and Oil Company - UAE
- Mercator Lines Limited - India
- Cigading International Bulk Terminal - Indonesia
- Eastern Energy - Thailand
- Sojitz Corporation - Japan
- Dalmia Cement Bharat India
- Romanian Commodities Exchange
- Indian Oil Corporation Limited
- Directorate General of MIneral and Coal - Indonesia
- Agrawal Coal Company - India
- Goldman Sachs - Singapore
- Binh Thuan Hamico - Vietnam
- Leighton Contractors Pty Ltd - Australia
- AsiaOL BioFuels Corp., Philippines
- Orica Australia Pty. Ltd.
- Jaiprakash Power Ventures ltd
- Altura Mining Limited, Indonesia
- Bhushan Steel Limited - India
- Wilmar Investment Holdings
- The Treasury - Australian Government
- Borneo Indobara - Indonesia
- Holcim Trading Pte Ltd - Singapore
- Singapore Mercantile Exchange
- Indian Energy Exchange, India
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