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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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Friday, 19 December 14
U.S WEEKLY COAL PRODUCTION REACHED APPROXIMATELY 19.8 MMST; UP 1.0% WOW
COALspot.com – United States the world's one of the largest coal producers, produced approximately 19.8 million short tons (mmst) of coal ...
Friday, 19 December 14
HANDY: SOFTER TONE; PANAMAX: QUIET WEEK; CAPESIZE; PAINFUL WEEK
Handy
A softer tone for rates and volumes for the Supras, perhaps less apparent in the Pacific the last week before the season holidays and good ...
Thursday, 18 December 14
INDONESIA TO REVISE UP COAL OUTPUT TARGET TO 460 MILLION TONS IN 2015
COALspot.com: Indonesian government has revised up its next year coal output forecast to 460 million tons from its previous forecast of 421 million ...
Wednesday, 17 December 14
CAPES RATES SLIPPED BELOW $5,600/DAY, FELL 84% YOY
COALspot.com: In the very rare occurrence when the BCI stands below the BDI, words to describe market sentiment are probably poor, said Intermodal ...
Wednesday, 17 December 14
MARKET INSIGHT - INTERMODAL SHANGHAI, SNP TEAM
As the end of the fourth quarter is approaching, we are all witness to the second hand market prices softening day by day. Any new deal surfacing t ...
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- Deloitte Consulting - India
- Kobexindo Tractors - Indoneisa
- Australian Commodity Traders Exchange
- Chettinad Cement Corporation Ltd - India
- OPG Power Generation Pvt Ltd - India
- SN Aboitiz Power Inc, Philippines
- Petron Corporation, Philippines
- Energy Development Corp, Philippines
- Antam Resourcindo - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- White Energy Company Limited
- Jorong Barutama Greston.PT - Indonesia
- Medco Energi Mining Internasional
- Sree Jayajothi Cements Limited - India
- Ind-Barath Power Infra Limited - India
- SMG Consultants - Indonesia
- Banpu Public Company Limited - Thailand
- Bukit Asam (Persero) Tbk - Indonesia
- Manunggal Multi Energi - Indonesia
- Trasteel International SA, Italy
- Ambuja Cements Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- TeaM Sual Corporation - Philippines
- Bayan Resources Tbk. - Indonesia
- Electricity Authority, New Zealand
- Ministry of Mines - Canada
- Vedanta Resources Plc - India
- Indogreen Group - Indonesia
- Parliament of New Zealand
- India Bulls Power Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Essar Steel Hazira Ltd - India
- Jindal Steel & Power Ltd - India
- Goldman Sachs - Singapore
- Holcim Trading Pte Ltd - Singapore
- Sical Logistics Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Gujarat Mineral Development Corp Ltd - India
- Marubeni Corporation - India
- Sojitz Corporation - Japan
- GMR Energy Limited - India
- Formosa Plastics Group - Taiwan
- Miang Besar Coal Terminal - Indonesia
- Kaltim Prima Coal - Indonesia
- Meenaskhi Energy Private Limited - India
- Sinarmas Energy and Mining - Indonesia
- Therma Luzon, Inc, Philippines
- Indian Oil Corporation Limited
- Timah Investasi Mineral - Indoneisa
- Independent Power Producers Association of India
- Kepco SPC Power Corporation, Philippines
- Latin American Coal - Colombia
- Minerals Council of Australia
- Kohat Cement Company Ltd. - Pakistan
- AsiaOL BioFuels Corp., Philippines
- Tata Chemicals Ltd - India
- Metalloyd Limited - United Kingdom
- Global Coal Blending Company Limited - Australia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Iligan Light & Power Inc, Philippines
- Kartika Selabumi Mining - Indonesia
- Straits Asia Resources Limited - Singapore
- VISA Power Limited - India
- Georgia Ports Authority, United States
- Semirara Mining and Power Corporation, Philippines
- GVK Power & Infra Limited - India
- Lanco Infratech Ltd - India
- Indonesian Coal Mining Association
- Dalmia Cement Bharat India
- Eastern Coal Council - USA
- Savvy Resources Ltd - HongKong
- Riau Bara Harum - Indonesia
- Grasim Industreis Ltd - India
- Mjunction Services Limited - India
- San Jose City I Power Corp, Philippines
- Baramulti Group, Indonesia
- McConnell Dowell - Australia
- Bhushan Steel Limited - India
- Directorate Of Revenue Intelligence - India
- Semirara Mining Corp, Philippines
- Bhatia International Limited - India
- Ceylon Electricity Board - Sri Lanka
- ICICI Bank Limited - India
- Billiton Holdings Pty Ltd - Australia
- Eastern Energy - Thailand
- Leighton Contractors Pty Ltd - Australia
- International Coal Ventures Pvt Ltd - India
- Parry Sugars Refinery, India
- Orica Australia Pty. Ltd.
- New Zealand Coal & Carbon
- Toyota Tsusho Corporation, Japan
- Tamil Nadu electricity Board
- Posco Energy - South Korea
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Meralco Power Generation, Philippines
- Economic Council, Georgia
- Borneo Indobara - Indonesia
- Jaiprakash Power Ventures ltd
- Chamber of Mines of South Africa
- Bharathi Cement Corporation - India
- Pendopo Energi Batubara - Indonesia
- Bulk Trading Sa - Switzerland
- Central Electricity Authority - India
- Energy Link Ltd, New Zealand
- Global Business Power Corporation, Philippines
- Kideco Jaya Agung - Indonesia
- Bukit Makmur.PT - Indonesia
- London Commodity Brokers - England
- LBH Netherlands Bv - Netherlands
- Bhoruka Overseas - Indonesia
- Sarangani Energy Corporation, Philippines
- Rashtriya Ispat Nigam Limited - India
- Alfred C Toepfer International GmbH - Germany
- Ministry of Transport, Egypt
- Binh Thuan Hamico - Vietnam
- Petrochimia International Co. Ltd.- Taiwan
- GN Power Mariveles Coal Plant, Philippines
- Videocon Industries ltd - India
- Singapore Mercantile Exchange
- Karaikal Port Pvt Ltd - India
- Bukit Baiduri Energy - Indonesia
- Anglo American - United Kingdom
- Sindya Power Generating Company Private Ltd
- SMC Global Power, Philippines
- Bangladesh Power Developement Board
- Indika Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- Cigading International Bulk Terminal - Indonesia
- Sakthi Sugars Limited - India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Electricity Generating Authority of Thailand
- Kapuas Tunggal Persada - Indonesia
- The State Trading Corporation of India Ltd
- Xindia Steels Limited - India
- Orica Mining Services - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Carbofer General Trading SA - India
- Samtan Co., Ltd - South Korea
- Intertek Mineral Services - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Cement Manufacturers Association - India
- ASAPP Information Group - India
- The Treasury - Australian Government
- Merrill Lynch Commodities Europe
- Wood Mackenzie - Singapore
- Malabar Cements Ltd - India
- Coastal Gujarat Power Limited - India
- Standard Chartered Bank - UAE
- Uttam Galva Steels Limited - India
- Larsen & Toubro Limited - India
- Siam City Cement - Thailand
- Coal and Oil Company - UAE
- Simpson Spence & Young - Indonesia
- Central Java Power - Indonesia
- Thai Mozambique Logistica
- IHS Mccloskey Coal Group - USA
- Mercuria Energy - Indonesia
- Price Waterhouse Coopers - Russia
- Maheswari Brothers Coal Limited - India
- Attock Cement Pakistan Limited
- Madhucon Powers Ltd - India
- Indian Energy Exchange, India
- Commonwealth Bank - Australia
- Power Finance Corporation Ltd., India
- Karbindo Abesyapradhi - Indoneisa
- Australian Coal Association
- Planning Commission, India
- Ministry of Finance - Indonesia
- CIMB Investment Bank - Malaysia
- Rio Tinto Coal - Australia
- The University of Queensland
- Aboitiz Power Corporation - Philippines
- Krishnapatnam Port Company Ltd. - India
- PetroVietnam Power Coal Import and Supply Company
- Vizag Seaport Private Limited - India
- Indo Tambangraya Megah - Indonesia
- Aditya Birla Group - India
- Bahari Cakrawala Sebuku - Indonesia
- Thiess Contractors Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Gujarat Sidhee Cement - India
- Star Paper Mills Limited - India
- Barasentosa Lestari - Indonesia
- Wilmar Investment Holdings
- South Luzon Thermal Energy Corporation
- European Bulk Services B.V. - Netherlands
- Africa Commodities Group - South Africa
- IEA Clean Coal Centre - UK
- MS Steel International - UAE
- Port Waratah Coal Services - Australia
- Oldendorff Carriers - Singapore
- CNBM International Corporation - China
- Asmin Koalindo Tuhup - Indonesia
- Kumho Petrochemical, South Korea
- Altura Mining Limited, Indonesia
- Romanian Commodities Exchange
- Vijayanagar Sugar Pvt Ltd - India
- Globalindo Alam Lestari - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Salva Resources Pvt Ltd - India
- Interocean Group of Companies - India
- Renaissance Capital - South Africa
- Heidelberg Cement - Germany
- Global Green Power PLC Corporation, Philippines
- Agrawal Coal Company - India
- Edison Trading Spa - Italy
- Siam City Cement PLC, Thailand
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Mercator Lines Limited - India
- Makarim & Taira - Indonesia
- PowerSource Philippines DevCo
- PTC India Limited - India
- Coalindo Energy - Indonesia
- Mintek Dendrill Indonesia
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