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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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Monday, 15 December 14
CFR SOUTH CHINA COAL SWAP LOST $3.37 M-O-M
COALspot.com: API 8 CFR South China Coal swap for Q1’ 2015 delivery has decreased by US$ 3,37 (-5.33%) month over month and US$ 1.58 (-2.57%) ...
Monday, 15 December 14
Q1' 15 FOB NEWCASTLE COAL SWAP CLOSED AT $ 51.45 ON 12 DEC
COALspot.com: API 5 FOB Newcastle Coal swap for Q1’ 2015 delivery lost US$ 1.45 per MT (-2.74%) closed at US$ 51.45 on 12 December month over ...
Sunday, 14 December 14
FREIGHT RATES ARE EXPECTED TO BE SOFT NEXT WEEK
COALspot.com: The Baltic Dry Index (BDI), a measure of commodity-shipping costs, fell 12.12 pct to 863 points week ending 12 December 2014.
Th ...
Friday, 12 December 14
LIMITED TRADING AND AN OVERSUPPLY OF TONNAGE PUSHED HANDY SIZE SHIPS TO DOWN IN USG
Handy
We have seen the TA spot market come down this week lead by limited trading and an oversupply of tonnage in the USG, Fearnleys said in its ...
Friday, 12 December 14
U.S WEEKLY COAL PRODUCTION UP 3.4% W/E DECEMBER 6
COALspot.com – United States the world's one of the largest coal producers, produced approximately 19.6 million short tons (mmst) of coal ...
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- IEA Clean Coal Centre - UK
- SMC Global Power, Philippines
- Salva Resources Pvt Ltd - India
- Electricity Authority, New Zealand
- Agrawal Coal Company - India
- Leighton Contractors Pty Ltd - Australia
- Maharashtra Electricity Regulatory Commission - India
- McConnell Dowell - Australia
- Dalmia Cement Bharat India
- ICICI Bank Limited - India
- Vedanta Resources Plc - India
- GAC Shipping (India) Pvt Ltd
- Samtan Co., Ltd - South Korea
- Vizag Seaport Private Limited - India
- Georgia Ports Authority, United States
- Africa Commodities Group - South Africa
- AsiaOL BioFuels Corp., Philippines
- Miang Besar Coal Terminal - Indonesia
- Electricity Generating Authority of Thailand
- Deloitte Consulting - India
- Bhoruka Overseas - Indonesia
- Chettinad Cement Corporation Ltd - India
- Semirara Mining and Power Corporation, Philippines
- Rio Tinto Coal - Australia
- PTC India Limited - India
- India Bulls Power Limited - India
- Energy Development Corp, Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Global Business Power Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- The University of Queensland
- Borneo Indobara - Indonesia
- Carbofer General Trading SA - India
- Price Waterhouse Coopers - Russia
- Bayan Resources Tbk. - Indonesia
- Essar Steel Hazira Ltd - India
- Straits Asia Resources Limited - Singapore
- Bukit Makmur.PT - Indonesia
- Uttam Galva Steels Limited - India
- Eastern Coal Council - USA
- Makarim & Taira - Indonesia
- OPG Power Generation Pvt Ltd - India
- Pendopo Energi Batubara - Indonesia
- Port Waratah Coal Services - Australia
- Economic Council, Georgia
- Holcim Trading Pte Ltd - Singapore
- Australian Commodity Traders Exchange
- Kalimantan Lumbung Energi - Indonesia
- Goldman Sachs - Singapore
- Binh Thuan Hamico - Vietnam
- Iligan Light & Power Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- MS Steel International - UAE
- Intertek Mineral Services - Indonesia
- Globalindo Alam Lestari - Indonesia
- Ind-Barath Power Infra Limited - India
- Parry Sugars Refinery, India
- Thai Mozambique Logistica
- Xindia Steels Limited - India
- Bangladesh Power Developement Board
- Anglo American - United Kingdom
- Baramulti Group, Indonesia
- SMG Consultants - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Gujarat Sidhee Cement - India
- Meralco Power Generation, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- The State Trading Corporation of India Ltd
- Madhucon Powers Ltd - India
- Wood Mackenzie - Singapore
- Semirara Mining Corp, Philippines
- Manunggal Multi Energi - Indonesia
- Bhushan Steel Limited - India
- CIMB Investment Bank - Malaysia
- Chamber of Mines of South Africa
- Savvy Resources Ltd - HongKong
- Meenaskhi Energy Private Limited - India
- Lanco Infratech Ltd - India
- Bhatia International Limited - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sree Jayajothi Cements Limited - India
- Interocean Group of Companies - India
- Bulk Trading Sa - Switzerland
- Global Green Power PLC Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- IHS Mccloskey Coal Group - USA
- Bukit Asam (Persero) Tbk - Indonesia
- Indonesian Coal Mining Association
- Indo Tambangraya Megah - Indonesia
- Commonwealth Bank - Australia
- Energy Link Ltd, New Zealand
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kohat Cement Company Ltd. - Pakistan
- Standard Chartered Bank - UAE
- Bahari Cakrawala Sebuku - Indonesia
- Marubeni Corporation - India
- Pipit Mutiara Jaya. PT, Indonesia
- Banpu Public Company Limited - Thailand
- Ceylon Electricity Board - Sri Lanka
- Aditya Birla Group - India
- VISA Power Limited - India
- Therma Luzon, Inc, Philippines
- Alfred C Toepfer International GmbH - Germany
- Timah Investasi Mineral - Indoneisa
- Oldendorff Carriers - Singapore
- London Commodity Brokers - England
- Sojitz Corporation - Japan
- The Treasury - Australian Government
- Karbindo Abesyapradhi - Indoneisa
- Grasim Industreis Ltd - India
- Sarangani Energy Corporation, Philippines
- Sindya Power Generating Company Private Ltd
- Edison Trading Spa - Italy
- Singapore Mercantile Exchange
- PowerSource Philippines DevCo
- Wilmar Investment Holdings
- Merrill Lynch Commodities Europe
- European Bulk Services B.V. - Netherlands
- LBH Netherlands Bv - Netherlands
- TeaM Sual Corporation - Philippines
- PetroVietnam Power Coal Import and Supply Company
- Mercator Lines Limited - India
- Tamil Nadu electricity Board
- Central Java Power - Indonesia
- Malabar Cements Ltd - India
- Kideco Jaya Agung - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Eastern Energy - Thailand
- Orica Australia Pty. Ltd.
- Directorate Of Revenue Intelligence - India
- Coal and Oil Company - UAE
- TNB Fuel Sdn Bhd - Malaysia
- Siam City Cement - Thailand
- PNOC Exploration Corporation - Philippines
- Coastal Gujarat Power Limited - India
- GVK Power & Infra Limited - India
- Latin American Coal - Colombia
- CNBM International Corporation - China
- Ministry of Finance - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Australian Coal Association
- Mintek Dendrill Indonesia
- Toyota Tsusho Corporation, Japan
- Siam City Cement PLC, Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Altura Mining Limited, Indonesia
- Planning Commission, India
- Star Paper Mills Limited - India
- ASAPP Information Group - India
- Simpson Spence & Young - Indonesia
- Medco Energi Mining Internasional
- GN Power Mariveles Coal Plant, Philippines
- SN Aboitiz Power Inc, Philippines
- Sical Logistics Limited - India
- Videocon Industries ltd - India
- Kumho Petrochemical, South Korea
- Cigading International Bulk Terminal - Indonesia
- International Coal Ventures Pvt Ltd - India
- Jindal Steel & Power Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Trasteel International SA, Italy
- Indian Energy Exchange, India
- Gujarat Mineral Development Corp Ltd - India
- South Luzon Thermal Energy Corporation
- New Zealand Coal & Carbon
- Sinarmas Energy and Mining - Indonesia
- Power Finance Corporation Ltd., India
- Romanian Commodities Exchange
- Maheswari Brothers Coal Limited - India
- Indogreen Group - Indonesia
- White Energy Company Limited
- Kobexindo Tractors - Indoneisa
- Ministry of Mines - Canada
- Cement Manufacturers Association - India
- Global Coal Blending Company Limited - Australia
- Metalloyd Limited - United Kingdom
- Jorong Barutama Greston.PT - Indonesia
- Riau Bara Harum - Indonesia
- Jaiprakash Power Ventures ltd
- Mjunction Services Limited - India
- Petron Corporation, Philippines
- Heidelberg Cement - Germany
- Posco Energy - South Korea
- Ministry of Transport, Egypt
- Directorate General of MIneral and Coal - Indonesia
- Kartika Selabumi Mining - Indonesia
- Antam Resourcindo - Indonesia
- Karaikal Port Pvt Ltd - India
- Minerals Council of Australia
- Mercuria Energy - Indonesia
- GMR Energy Limited - India
- Barasentosa Lestari - Indonesia
- Thiess Contractors Indonesia
- Central Electricity Authority - India
- Indika Energy - Indonesia
- Attock Cement Pakistan Limited
- Tata Chemicals Ltd - India
- San Jose City I Power Corp, Philippines
- Independent Power Producers Association of India
- Ambuja Cements Ltd - India
- Bukit Baiduri Energy - Indonesia
- Bharathi Cement Corporation - India
- Kaltim Prima Coal - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Parliament of New Zealand
- Larsen & Toubro Limited - India
- Kepco SPC Power Corporation, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Aboitiz Power Corporation - Philippines
- Orica Mining Services - Indonesia
- Formosa Plastics Group - Taiwan
- Indian Oil Corporation Limited
- Coalindo Energy - Indonesia
- Sakthi Sugars Limited - India
- Billiton Holdings Pty Ltd - Australia
- Renaissance Capital - South Africa
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