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, 24 March 15
RICHARDS BAY COAL SWAP FOR DELIVERY Q2 CLOSED $ 1.87 HIGHER COMPARED TO Q3 CLOSING PRICE
COALspot.com: API 4 FOB Richards Bay Coal swap for delivery Q2' 2015 declined month over month and week on week.
The Q2 swap has dropped U ...
Tuesday, 24 March 15
ARGUS MEDITERRANEAN SOLID FUELS 2015 CONFERENCE | 2-3 JUNE, ISTANBUL
Press Release: Argus Media is proud to announce Argus Mediterranean Solid Fuels, which will be held in Istanbul,on 2-3February.
Argus produces ...
Monday, 23 March 15
IS OIL GETTING READY TO PLUNGE BELOW $40? - FORBES
KNOWLEDGE TO ELEVATE
In my last crude oil market update in late-February, I expressed my skepticism toward the oil price rebound. Since then, ...
Monday, 23 March 15
Q4' 2015 FOB NEWCASTLE COAL SWAPS DECLINED 6.79% M-O-M; 2.55% W-O-W
COALspot.com: API 5 FOB Newcastle Coal swap for Q2’ 2015 delivery declined US$ 3.42 per MT (-6.33%) month over month and US$ 1.37 (-2.77%) we ...
Monday, 23 March 15
CFR SOUTH CHINA COAL SWAP: Q3 DELIVERY HAS FALLEN 7.93% MONTH-ON-MONTH
COALspot.com: API 8 CFR South China Coal swap for Q2’ 2015 delivery declined US$ 4.09 (-7.06%) per MT month over month and US$ 2.00 (-3 ...
|
|
|
Showing 3116 to 3120 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- GVK Power & Infra Limited - India
- Medco Energi Mining Internasional
- Aditya Birla Group - India
- Siam City Cement PLC, Thailand
- Sical Logistics Limited - India
- Formosa Plastics Group - Taiwan
- GMR Energy Limited - India
- Coastal Gujarat Power Limited - India
- Planning Commission, India
- Salva Resources Pvt Ltd - India
- Borneo Indobara - Indonesia
- Karaikal Port Pvt Ltd - India
- Petron Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- The University of Queensland
- Samtan Co., Ltd - South Korea
- Ind-Barath Power Infra Limited - India
- Sarangani Energy Corporation, Philippines
- VISA Power Limited - India
- Leighton Contractors Pty Ltd - Australia
- Australian Coal Association
- Meenaskhi Energy Private Limited - India
- Singapore Mercantile Exchange
- Power Finance Corporation Ltd., India
- Central Java Power - Indonesia
- Edison Trading Spa - Italy
- Orica Australia Pty. Ltd.
- Electricity Generating Authority of Thailand
- Banpu Public Company Limited - Thailand
- Carbofer General Trading SA - India
- Star Paper Mills Limited - India
- Wilmar Investment Holdings
- Straits Asia Resources Limited - Singapore
- Vedanta Resources Plc - India
- Maharashtra Electricity Regulatory Commission - India
- The State Trading Corporation of India Ltd
- TeaM Sual Corporation - Philippines
- Kumho Petrochemical, South Korea
- Mjunction Services Limited - India
- London Commodity Brokers - England
- Attock Cement Pakistan Limited
- Essar Steel Hazira Ltd - India
- Malabar Cements Ltd - India
- Anglo American - United Kingdom
- Bangladesh Power Developement Board
- Standard Chartered Bank - UAE
- PetroVietnam Power Coal Import and Supply Company
- Mintek Dendrill Indonesia
- Deloitte Consulting - India
- SN Aboitiz Power Inc, Philippines
- Jindal Steel & Power Ltd - India
- Semirara Mining Corp, Philippines
- MS Steel International - UAE
- Merrill Lynch Commodities Europe
- Ambuja Cements Ltd - India
- ICICI Bank Limited - India
- IHS Mccloskey Coal Group - USA
- Savvy Resources Ltd - HongKong
- Krishnapatnam Port Company Ltd. - India
- Eastern Coal Council - USA
- Goldman Sachs - Singapore
- Bharathi Cement Corporation - India
- Kalimantan Lumbung Energi - Indonesia
- Pipit Mutiara Jaya. PT, Indonesia
- Billiton Holdings Pty Ltd - Australia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Toyota Tsusho Corporation, Japan
- Latin American Coal - Colombia
- Bukit Asam (Persero) Tbk - Indonesia
- Videocon Industries ltd - India
- Timah Investasi Mineral - Indoneisa
- SMG Consultants - Indonesia
- Coalindo Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Global Green Power PLC Corporation, Philippines
- CNBM International Corporation - China
- CIMB Investment Bank - Malaysia
- Manunggal Multi Energi - Indonesia
- Sree Jayajothi Cements Limited - India
- Cigading International Bulk Terminal - Indonesia
- Lanco Infratech Ltd - India
- Intertek Mineral Services - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Independent Power Producers Association of India
- Gujarat Electricity Regulatory Commission - India
- Price Waterhouse Coopers - Russia
- AsiaOL BioFuels Corp., Philippines
- Thiess Contractors Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Africa Commodities Group - South Africa
- Eastern Energy - Thailand
- Bukit Makmur.PT - Indonesia
- Kideco Jaya Agung - Indonesia
- The Treasury - Australian Government
- Ministry of Finance - Indonesia
- Aboitiz Power Corporation - Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Madhucon Powers Ltd - India
- South Luzon Thermal Energy Corporation
- Global Coal Blending Company Limited - Australia
- Indian Oil Corporation Limited
- SMC Global Power, Philippines
- Minerals Council of Australia
- LBH Netherlands Bv - Netherlands
- Kepco SPC Power Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Rashtriya Ispat Nigam Limited - India
- Miang Besar Coal Terminal - Indonesia
- European Bulk Services B.V. - Netherlands
- ASAPP Information Group - India
- Asmin Koalindo Tuhup - Indonesia
- Therma Luzon, Inc, Philippines
- Vizag Seaport Private Limited - India
- Tata Chemicals Ltd - India
- Xindia Steels Limited - India
- Economic Council, Georgia
- Romanian Commodities Exchange
- Oldendorff Carriers - Singapore
- TNB Fuel Sdn Bhd - Malaysia
- Indogreen Group - Indonesia
- Directorate Of Revenue Intelligence - India
- Uttam Galva Steels Limited - India
- Georgia Ports Authority, United States
- Bukit Baiduri Energy - Indonesia
- Dalmia Cement Bharat India
- Ministry of Transport, Egypt
- Bhoruka Overseas - Indonesia
- Grasim Industreis Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Gujarat Sidhee Cement - India
- Chamber of Mines of South Africa
- Vijayanagar Sugar Pvt Ltd - India
- Mercuria Energy - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Trasteel International SA, Italy
- Meralco Power Generation, Philippines
- Sinarmas Energy and Mining - Indonesia
- Commonwealth Bank - Australia
- Kapuas Tunggal Persada - Indonesia
- Globalindo Alam Lestari - Indonesia
- Sindya Power Generating Company Private Ltd
- Interocean Group of Companies - India
- India Bulls Power Limited - India
- Kobexindo Tractors - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sojitz Corporation - Japan
- Australian Commodity Traders Exchange
- Wood Mackenzie - Singapore
- Thai Mozambique Logistica
- Indian Energy Exchange, India
- Jorong Barutama Greston.PT - Indonesia
- New Zealand Coal & Carbon
- Simpson Spence & Young - Indonesia
- Altura Mining Limited, Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Makarim & Taira - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Bhatia International Limited - India
- Sakthi Sugars Limited - India
- Kaltim Prima Coal - Indonesia
- Larsen & Toubro Limited - India
- Posco Energy - South Korea
- Coal and Oil Company - UAE
- Central Electricity Authority - India
- Indonesian Coal Mining Association
- Energy Link Ltd, New Zealand
- Orica Mining Services - Indonesia
- Maheswari Brothers Coal Limited - India
- Semirara Mining and Power Corporation, Philippines
- International Coal Ventures Pvt Ltd - India
- Kartika Selabumi Mining - Indonesia
- Bulk Trading Sa - Switzerland
- Parry Sugars Refinery, India
- Holcim Trading Pte Ltd - Singapore
- Tamil Nadu electricity Board
- Parliament of New Zealand
- Iligan Light & Power Inc, Philippines
- Electricity Authority, New Zealand
- Cement Manufacturers Association - India
- Directorate General of MIneral and Coal - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Rio Tinto Coal - Australia
- Baramulti Group, Indonesia
- Ministry of Mines - Canada
- Marubeni Corporation - India
- Binh Thuan Hamico - Vietnam
- Siam City Cement - Thailand
- Energy Development Corp, Philippines
- Jaiprakash Power Ventures ltd
- PNOC Exploration Corporation - Philippines
- Renaissance Capital - South Africa
- Chettinad Cement Corporation Ltd - India
- Metalloyd Limited - United Kingdom
- Pendopo Energi Batubara - Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Riau Bara Harum - Indonesia
- Bhushan Steel Limited - India
- White Energy Company Limited
- Indo Tambangraya Megah - Indonesia
- Agrawal Coal Company - India
- Barasentosa Lestari - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- San Jose City I Power Corp, Philippines
- Mercator Lines Limited - India
- IEA Clean Coal Centre - UK
- Heidelberg Cement - Germany
- PowerSource Philippines DevCo
- OPG Power Generation Pvt Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- McConnell Dowell - Australia
- Port Waratah Coal Services - Australia
- Antam Resourcindo - Indonesia
- PTC India Limited - India
- Bayan Resources Tbk. - Indonesia
- Indika Energy - Indonesia
- Global Business Power Corporation, Philippines
|
| |
| |
|
