We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Thursday, 02 April 15
NEWBUILDING ORDERS FOR DRY BULK CARRIERS "DRY" UP
 Newbuilding ordering activity remained subdued over the course of the past week, as ship owners are wary of adding further tonnage to an already pressured market. According to the latest report from shipbroker Allied Shipbroking, “there was a small amount of rumored activity being reported this week in the dry bulk sector with two separate orders for ultramaxes emerging. At the same time interest in the tanker sector continues to mount with further orders being placed in the VLCC size segment and keen interest also seen for Suezmaxes as well.
The real story has been the Containership sectors this week, with more then ample rumors circulating of further ordering set to take place while we have seen a number of orders being placed over the past couple of days, most of which have been for several units of post-panama size. With the U.S. economy showing to have a strong momentum towards recovery and its consumers ramping up activity, it is not a surprise that we are starting to see a more positive outlook amongst investors despite the still ongoing problems caused by the large ULCVs still on order and the fast pace fleet growth witnessed over the past couple of years”.
Meanwhile, in its latest weekly report, shipbroker Clarkson Hellas noted that “further to their order placed earlier this year, Meiji Shipping have added a second 320,000dwt VLCC at JMU (Ariake) with delivery of the latest vessel in 2018. It also came to light this week that MTMM have contracted four further stainless tankers in Japan. They added two further 35,500dwt vessels at Shin Kurushima for delivery from mid-2018, taking their total orders at the yard to seven vessels (3 x 22k and 4 x 35.5k). MTMM added further newbuildings at Kitanihon with contracts for two 21,000dwt SUS tankers for delivery in the first quarter of 2018″.
The shipbroker added that “we’ve seen just one new order in dry bulk this week with a yet to be confirmed overseas owner contracting two firm 38,000dwt Handysize at Shikoku Dock. Delivery for both vessels is planned for 2017. It is worth noting that various other Ultramax orders have been reported this week however we understand these were concluded in the first half of last year and are now only coming to light. Namely, White Sea Navigation for 2 x Ultramax at Sinopacific and clients of Kymar Shipping at Yangzhou Guoyo for 1+1 x Ultramax”.
It added that “having been under discussion for some time, Maersk have now announced an order for seven firm plus two option 3,600 TEU wide beam ice class E3 North European feeders at COSCO Zhoushan. The first vessels are due to deliver from April 2017 until the end of 2017, and the options in 2018 if declared. Pricing per vessel is understood to be in the region USD 39M. In the car carrier market Hyundai Mipo announced an order for two firm 7,500unit PCTCs for delivery in the first quarter of 2017. We understand this order is from existing client Ray Shipping, taking the owners current orderbook at the yard to six vessels. Pricing was announced at USD 77.95m per vessel”, Clarkson Hellas concluded.
Additionally, shipbroker Intermodal noted that “fewer orders were reported in the market last week, with the tanker sector remaining far more popular than the dry bulk one, where the entire activity reported consisted only of a couple of Ultramax orders by Greek owners, both related to deals inked earlier on in the year. At the same time prices remained unchanged across the board, but this is not to be taken as a sign of a stabilizing market, especially when it comes to dry bulkers.
In our opinion the lack of recently reported deals in segments like the Capesize one, is the main reason behind this artificial stability, while we once more reiterate our opinion that there is more downside on the way especially as yards are bound to feel more and more pressure in this persistently low ordering activity environment. The example of Rongsheng, which has recently warned that “it might not be able to continue to operate as a going concern” is representative of the increasing pressure that is on the way for the industry. In terms of recently reported deals, Greek owner, Delta Tankers, placed an order for two Suezmaxes (160,000dwt) at Samsung , in S.Korea, for a price of $ 66.0m each and delivery set in April of 2016″, Intermodal noted.
Source: Nikos Roussanoglou, Hellenic Shipping
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Tuesday, 07 April 15
SUB-BIT FOB INDONESIA COAL SWAP KEEPS DROPPING; DROPPED 2% W-W
COALspot.com: Indonesian coal swap for delivery Q2 2015 declined month on month and week over week.
The Q2 swap was declined US$ 2.44 (5.14%) ...
Tuesday, 07 April 15
Q3 FOB RICHARDS BAY COAL SWAP CLOSED AT $ 55.96 PMT; DOWN 8.40% M-M
COALspot.com: API4 FOB Richards Bay Coal swap for delivery Q2' 2015 declined month over month and week on week.
The Q2 swap has declined U ...
Monday, 06 April 15
INDONESIA'S HBA FIXED AT US$ 64.48 PMT FOR APRIL DELIVERY; DOWN 4.84% M-M
COALspot.com - The Ministry of Energy & Mineral Resources of Indonesia revised down Indonesian coal benchmark prices to US$ 64.48 per MT in Apr ...
Monday, 06 April 15
FOB NEWCASTLE COAL SWAP DECLINED 12% MONTH OVER MONTH
COALspot.com: API 5 FOB Newcastle Coal swap for Q2’ 2015 delivery declined US$ 6.23 per MT (-12%) month over month and US$ 0.86 (-1.85%) week ...
Monday, 06 April 15
CFR SOUTH CHINA COAL SWAP FALL CONTINUES
COALspot.com: API 8 CFR South China Coal swap for Q2’ 2015 delivery declined US$ 5.96 (-10.37%) per MT month over month and US$ 0.98 (- ...
|
|
|
Showing 3086 to 3090 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Miang Besar Coal Terminal - Indonesia
- CIMB Investment Bank - Malaysia
- Global Green Power PLC Corporation, Philippines
- Asmin Koalindo Tuhup - Indonesia
- Malabar Cements Ltd - India
- Bhatia International Limited - India
- PTC India Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Karbindo Abesyapradhi - Indoneisa
- Banpu Public Company Limited - Thailand
- Posco Energy - South Korea
- TeaM Sual Corporation - Philippines
- AsiaOL BioFuels Corp., Philippines
- Alfred C Toepfer International GmbH - Germany
- TNB Fuel Sdn Bhd - Malaysia
- Borneo Indobara - Indonesia
- Directorate Of Revenue Intelligence - India
- Bhoruka Overseas - Indonesia
- Sojitz Corporation - Japan
- Jindal Steel & Power Ltd - India
- Global Business Power Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Commonwealth Bank - Australia
- European Bulk Services B.V. - Netherlands
- Bayan Resources Tbk. - Indonesia
- Bukit Baiduri Energy - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Metalloyd Limited - United Kingdom
- GN Power Mariveles Coal Plant, Philippines
- Rashtriya Ispat Nigam Limited - India
- Oldendorff Carriers - Singapore
- Simpson Spence & Young - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Madhucon Powers Ltd - India
- Riau Bara Harum - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Indonesian Coal Mining Association
- Grasim Industreis Ltd - India
- Independent Power Producers Association of India
- Binh Thuan Hamico - Vietnam
- Renaissance Capital - South Africa
- ASAPP Information Group - India
- Parry Sugars Refinery, India
- Sakthi Sugars Limited - India
- Gujarat Electricity Regulatory Commission - India
- Heidelberg Cement - Germany
- Goldman Sachs - Singapore
- South Luzon Thermal Energy Corporation
- Pipit Mutiara Jaya. PT, Indonesia
- Indogreen Group - Indonesia
- Coastal Gujarat Power Limited - India
- Altura Mining Limited, Indonesia
- Orica Mining Services - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Wood Mackenzie - Singapore
- Trasteel International SA, Italy
- Marubeni Corporation - India
- Energy Link Ltd, New Zealand
- Carbofer General Trading SA - India
- Thai Mozambique Logistica
- Barasentosa Lestari - Indonesia
- Ministry of Finance - Indonesia
- PowerSource Philippines DevCo
- CNBM International Corporation - China
- Rio Tinto Coal - Australia
- Billiton Holdings Pty Ltd - Australia
- Kobexindo Tractors - Indoneisa
- Port Waratah Coal Services - Australia
- Indika Energy - Indonesia
- Bhushan Steel Limited - India
- Lanco Infratech Ltd - India
- Kartika Selabumi Mining - Indonesia
- Timah Investasi Mineral - Indoneisa
- Gujarat Mineral Development Corp Ltd - India
- Romanian Commodities Exchange
- Samtan Co., Ltd - South Korea
- IEA Clean Coal Centre - UK
- Sical Logistics Limited - India
- Orica Australia Pty. Ltd.
- The State Trading Corporation of India Ltd
- Aditya Birla Group - India
- GVK Power & Infra Limited - India
- Medco Energi Mining Internasional
- Kumho Petrochemical, South Korea
- New Zealand Coal & Carbon
- Latin American Coal - Colombia
- Ministry of Mines - Canada
- Vedanta Resources Plc - India
- Attock Cement Pakistan Limited
- Videocon Industries ltd - India
- Manunggal Multi Energi - Indonesia
- Georgia Ports Authority, United States
- Kapuas Tunggal Persada - Indonesia
- Intertek Mineral Services - Indonesia
- GAC Shipping (India) Pvt Ltd
- Mintek Dendrill Indonesia
- Ind-Barath Power Infra Limited - India
- Parliament of New Zealand
- Siam City Cement PLC, Thailand
- Therma Luzon, Inc, Philippines
- Indian Oil Corporation Limited
- The Treasury - Australian Government
- Sree Jayajothi Cements Limited - India
- Economic Council, Georgia
- Kaltim Prima Coal - Indonesia
- Thiess Contractors Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- India Bulls Power Limited - India
- PNOC Exploration Corporation - Philippines
- Planning Commission, India
- Directorate General of MIneral and Coal - Indonesia
- Electricity Generating Authority of Thailand
- SN Aboitiz Power Inc, Philippines
- Krishnapatnam Port Company Ltd. - India
- Meenaskhi Energy Private Limited - India
- Ministry of Transport, Egypt
- Bulk Trading Sa - Switzerland
- Africa Commodities Group - South Africa
- Kohat Cement Company Ltd. - Pakistan
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Mercator Lines Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Antam Resourcindo - Indonesia
- Cigading International Bulk Terminal - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- The University of Queensland
- Essar Steel Hazira Ltd - India
- Chettinad Cement Corporation Ltd - India
- Maheswari Brothers Coal Limited - India
- Iligan Light & Power Inc, Philippines
- MS Steel International - UAE
- Electricity Authority, New Zealand
- Merrill Lynch Commodities Europe
- Toyota Tsusho Corporation, Japan
- Leighton Contractors Pty Ltd - Australia
- Minerals Council of Australia
- Singapore Mercantile Exchange
- Semirara Mining Corp, Philippines
- Power Finance Corporation Ltd., India
- Cement Manufacturers Association - India
- Interocean Group of Companies - India
- Savvy Resources Ltd - HongKong
- Standard Chartered Bank - UAE
- Mercuria Energy - Indonesia
- Anglo American - United Kingdom
- Karaikal Port Pvt Ltd - India
- Meralco Power Generation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Agrawal Coal Company - India
- Coalindo Energy - Indonesia
- Salva Resources Pvt Ltd - India
- Bharathi Cement Corporation - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Bukit Asam (Persero) Tbk - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Xindia Steels Limited - India
- Eastern Energy - Thailand
- Energy Development Corp, Philippines
- Globalindo Alam Lestari - Indonesia
- Larsen & Toubro Limited - India
- Kepco SPC Power Corporation, Philippines
- Ambuja Cements Ltd - India
- Maharashtra Electricity Regulatory Commission - India
- Australian Coal Association
- Australian Commodity Traders Exchange
- LBH Netherlands Bv - Netherlands
- Vizag Seaport Private Limited - India
- London Commodity Brokers - England
- Ceylon Electricity Board - Sri Lanka
- Sinarmas Energy and Mining - Indonesia
- Wilmar Investment Holdings
- Siam City Cement - Thailand
- Global Coal Blending Company Limited - Australia
- VISA Power Limited - India
- Tamil Nadu electricity Board
- Petron Corporation, Philippines
- Straits Asia Resources Limited - Singapore
- Uttam Galva Steels Limited - India
- Indian Energy Exchange, India
- Mjunction Services Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Holcim Trading Pte Ltd - Singapore
- Edison Trading Spa - Italy
- Bangladesh Power Developement Board
- Kideco Jaya Agung - Indonesia
- IHS Mccloskey Coal Group - USA
- McConnell Dowell - Australia
- Eastern Coal Council - USA
- Central Electricity Authority - India
- Tata Chemicals Ltd - India
- Gujarat Sidhee Cement - India
- Sarangani Energy Corporation, Philippines
- Aboitiz Power Corporation - Philippines
- ICICI Bank Limited - India
- Indo Tambangraya Megah - Indonesia
- SMG Consultants - Indonesia
- Baramulti Group, Indonesia
- Jaiprakash Power Ventures ltd
- San Jose City I Power Corp, Philippines
- Coal and Oil Company - UAE
- Kalimantan Lumbung Energi - Indonesia
- Star Paper Mills Limited - India
- Bukit Makmur.PT - Indonesia
- White Energy Company Limited
- Makarim & Taira - Indonesia
- GMR Energy Limited - India
- Pendopo Energi Batubara - Indonesia
- OPG Power Generation Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Formosa Plastics Group - Taiwan
- Price Waterhouse Coopers - Russia
- Chamber of Mines of South Africa
- Central Java Power - Indonesia
- Deloitte Consulting - India
- SMC Global Power, Philippines
- Semirara Mining and Power Corporation, Philippines
- Dalmia Cement Bharat India
|
| |
| |
|
