We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Wednesday, 03 August 16
SHIP TRADING AND ORDERING CLOSE TO A STALEMATE AS SUMMER LULL KICKS IN
 With newbuilding activity already at a near standstill since the start of the year, most of 2016’s trading activity in shipping was evident in the S&P market. However, as the summer lull is now upon us, activity is proving to be even more scarce. In its latest weekly report, Allied Shipbroking commented on the newbuilding ordering activity that there was limited action again this week, “though there seems to be a lot brewing under the surface. There are numerous rumors of orders being worked by several shipbuilders on the tanker side. HHI has been the most prominent of these along with some Chinese shipbuilders though not much has emerged just yet. At the same time there also seems to be an increasing interest amongst potential buyers for dry bulk Kamsarmaxes despite the trends being noted in the market. For the moment these seem to be centered more on price offers and may end up not materializing into something more. Nevertheless it is still interesting to note and may well be a sign of slightly better activity to be seen moving forward”, said Allied Shipbroking.
Meanwhile, in a separate newbuilding report this week, Clarkson Platou Hellas reported “two new orders this week with the focus remaining on the specialised tanker and ropax markets. POET Shipbulding (China) have taken an order from an unknown Singapore based owner for two firm 4,000dwt Asphalt / Bitumen carriers. Delivery of both vessels is due within the final quarter of 2017. Hyundai Mipo have secured an order for a single 31,000GT RoPax for Chinese/South Korean JV operator Weidong Ferry Co. Ltd. The vessel, which will have capacity for more than 700 passengers and container capacity of 320 TEU, is due to deliver in the second half of 2018 for deployment on the Incheon to Qingdao route”.
On a similar note, Allied said that “sale and purchase activity has begun to slow with the beginning of summer. Euronav have lead sales this week with a Resale duo acquired from Hyundai Samho. The two tankers (300,000 DWT) due for delivery later this year have been offloaded by Oceanbulk owned, Product Shipping and Trading for a firm sum of USD 84m each. Also sold in the tanker sector is the Sichem Edinburgh (13,200 DWT, 2007 Blt, 21st Century). The small clean tanker has been done at USD 11m”.
Ships’ values specialist VesselsValue said yesterday that “the bulker market has been much more active than tankers over the past week with a lot of older tonnage dominating the field. Daiichi Chuo have done their smallest Post Panamax, the JP Citrus (85,900 DWT, 2006 Blt, Oshima) at USD 8.2m SS due. Also in the panamax sector is the Golden Lyderhorn (74,200 DWT, 1999 Blt, Sasebo) at USD 3.65m and the Matilde Corrado (72,800 DWT, 2002 Blt, Samsung) bought by Korea Line Corp for USD 4.8m. These sales have pushed older values up signifcantly. The Supramax Peace (55,000 DWT, 2011 Blt, Zhejiang Jiantiao) has been sold at auction for USD 5.6m. Handy values have also seem movement this week following the sales of two Handymaxes, the Blue Sapphire (48,900 DWT, 2001 Blt, IHI) is done at USD 3.3m SS due and the Vipava (46,600 DWT, 1998 Blt, Oshima) is done at USD 2.55m. Two open-hatch Handys have been done En Bloc, the New Mariner and the New Laurel (31,000 DWT, 1999 Blt, Hyundai Mipo). Pan Ocean offloaded the vessels at USD 2.8m each bringing older Handy values down. A Bohai Handy owned by Armania Shipping, the Caju (29,400 DWT, 2000 Blt) has also been done this week for USD 2.45m. A single Boxship has been concluded this week raising July’s boxship deals to 2 against 31 in July 2015. The Sub Panamax Lilac (2,824 TEU, 2005 Blt, Hyundai Mipo) has been sold by KMTC for USD 8m, causing a slight down tick in values. The ship was offloaded by Armania shipping who also offloaded the Caju this week”, VV concluded.
In its report, Allied Shipbroking said that “on the dry bulk side, yet another fairly active week though with hints of further price rises to be seen on the horizon. Buying appetite has improved considerably despite the trends being noted of late in the freight market. We could possibly see a small pause or slowdown during mid-August, though as things stand now it doesn’t look likely to falter the overall upward trend that has been noted of late. On the tanker side, things started to liven up once more with a number of sale in the larger crude carriers and product tankers showing that there is still appetite amongst buyers despite the disappointing trends being noted in the freight market and omens of softer earnings to come. With the price of crude oil having started yet another downward trend these past weeks, its no surprise that interest has resurfaced for tonnage that can be converted and used for storage purposes”, the shipbroker concluded.
Source: Nikos Roussanoglou, Hellenic Shipping News
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Tuesday, 28 June 16
WEEKLY CS COAL INDICES ROSE ON RENEWED DEMAND FROM CHINA
COALspot.com: Average 5000 GAR coal index of Indonesian origin was up by 0.66 percent week over week to averaging $39.65 per ton this past week, sh ...
Tuesday, 28 June 16
CHINA'S IRON ORE IMPORTS: HOW MUCH MORE WORK FOR CAPES? - CLARKSONS
Chinese iron ore imports account for around two thirds of global seaborne iron ore shipments, making it the key driver of Capesize employment. Whil ...
Monday, 27 June 16
LATEST NEWS ON BIMCO'S CONTRACTS AND CLAUSES
BIMCO is currently updating several of its most widely used charter parties including SUPPLYTIME and BARECON. New developments include the Standard ...
Monday, 27 June 16
BREXIT RESULT COULD SEE UK FACING AN EXODUS OF MARITIME TALENT - FASTSTREAM
The UK’s decision to leave the EU has the potential to drive many of its maritime employees away, according to the results of a survey issued ...
Monday, 27 June 16
THE BDI UP 3.75 PERCENT ; BCI FELL 1.51% WEEK OVER WEEK
COALspot.com: The Baltic Exchange, tracking rates for ships carrying dry bulk commodities rose this past week. The BDI was up 3.75 percent from las ...
|
|
|
Showing 2381 to 2385 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Krishnapatnam Port Company Ltd. - India
- Bukit Makmur.PT - Indonesia
- Aditya Birla Group - India
- Toyota Tsusho Corporation, Japan
- Directorate Of Revenue Intelligence - India
- Indogreen Group - Indonesia
- SMG Consultants - Indonesia
- Wood Mackenzie - Singapore
- GMR Energy Limited - India
- Bhoruka Overseas - Indonesia
- Makarim & Taira - Indonesia
- Siam City Cement - Thailand
- Barasentosa Lestari - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Sical Logistics Limited - India
- Madhucon Powers Ltd - India
- Bukit Baiduri Energy - Indonesia
- Metalloyd Limited - United Kingdom
- Australian Commodity Traders Exchange
- ICICI Bank Limited - India
- Leighton Contractors Pty Ltd - Australia
- Planning Commission, India
- TeaM Sual Corporation - Philippines
- IEA Clean Coal Centre - UK
- Intertek Mineral Services - Indonesia
- Independent Power Producers Association of India
- Ambuja Cements Ltd - India
- Coal and Oil Company - UAE
- Straits Asia Resources Limited - Singapore
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Bulk Trading Sa - Switzerland
- Renaissance Capital - South Africa
- Ministry of Finance - Indonesia
- Uttam Galva Steels Limited - India
- European Bulk Services B.V. - Netherlands
- Central Java Power - Indonesia
- Energy Development Corp, Philippines
- Global Business Power Corporation, Philippines
- Petron Corporation, Philippines
- Eastern Coal Council - USA
- Interocean Group of Companies - India
- Ceylon Electricity Board - Sri Lanka
- Orica Mining Services - Indonesia
- Tamil Nadu electricity Board
- Orica Australia Pty. Ltd.
- Tata Chemicals Ltd - India
- Singapore Mercantile Exchange
- Pendopo Energi Batubara - Indonesia
- Indo Tambangraya Megah - Indonesia
- Eastern Energy - Thailand
- Economic Council, Georgia
- Mintek Dendrill Indonesia
- Price Waterhouse Coopers - Russia
- Simpson Spence & Young - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- SMC Global Power, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- MS Steel International - UAE
- Marubeni Corporation - India
- Parliament of New Zealand
- Malabar Cements Ltd - India
- GN Power Mariveles Coal Plant, Philippines
- Meralco Power Generation, Philippines
- VISA Power Limited - India
- Kapuas Tunggal Persada - Indonesia
- Posco Energy - South Korea
- Indonesian Coal Mining Association
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Heidelberg Cement - Germany
- Attock Cement Pakistan Limited
- Trasteel International SA, Italy
- Rashtriya Ispat Nigam Limited - India
- Banpu Public Company Limited - Thailand
- Binh Thuan Hamico - Vietnam
- Kobexindo Tractors - Indoneisa
- Bayan Resources Tbk. - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Minerals Council of Australia
- Altura Mining Limited, Indonesia
- Australian Coal Association
- LBH Netherlands Bv - Netherlands
- Sojitz Corporation - Japan
- London Commodity Brokers - England
- Lanco Infratech Ltd - India
- Thiess Contractors Indonesia
- Carbofer General Trading SA - India
- Mercator Lines Limited - India
- Sindya Power Generating Company Private Ltd
- Timah Investasi Mineral - Indoneisa
- Medco Energi Mining Internasional
- Therma Luzon, Inc, Philippines
- Bhushan Steel Limited - India
- Kartika Selabumi Mining - Indonesia
- Chamber of Mines of South Africa
- Chettinad Cement Corporation Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Coastal Gujarat Power Limited - India
- South Luzon Thermal Energy Corporation
- Kohat Cement Company Ltd. - Pakistan
- Central Electricity Authority - India
- Deloitte Consulting - India
- SN Aboitiz Power Inc, Philippines
- Vizag Seaport Private Limited - India
- Bangladesh Power Developement Board
- McConnell Dowell - Australia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Aboitiz Power Corporation - Philippines
- Riau Bara Harum - Indonesia
- Manunggal Multi Energi - Indonesia
- Baramulti Group, Indonesia
- Latin American Coal - Colombia
- Africa Commodities Group - South Africa
- Neyveli Lignite Corporation Ltd, - India
- Power Finance Corporation Ltd., India
- Gujarat Sidhee Cement - India
- Indian Energy Exchange, India
- Global Coal Blending Company Limited - Australia
- Bahari Cakrawala Sebuku - Indonesia
- Jaiprakash Power Ventures ltd
- Sarangani Energy Corporation, Philippines
- Agrawal Coal Company - India
- International Coal Ventures Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Port Waratah Coal Services - Australia
- Savvy Resources Ltd - HongKong
- White Energy Company Limited
- CIMB Investment Bank - Malaysia
- Sree Jayajothi Cements Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Bhatia International Limited - India
- Dalmia Cement Bharat India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Ministry of Transport, Egypt
- Coalindo Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- Ministry of Mines - Canada
- Petrochimia International Co. Ltd.- Taiwan
- Ind-Barath Power Infra Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Semirara Mining Corp, Philippines
- Electricity Authority, New Zealand
- Karaikal Port Pvt Ltd - India
- Energy Link Ltd, New Zealand
- Kepco SPC Power Corporation, Philippines
- PTC India Limited - India
- Bharathi Cement Corporation - India
- Anglo American - United Kingdom
- Miang Besar Coal Terminal - Indonesia
- San Jose City I Power Corp, Philippines
- Holcim Trading Pte Ltd - Singapore
- Edison Trading Spa - Italy
- Parry Sugars Refinery, India
- Meenaskhi Energy Private Limited - India
- New Zealand Coal & Carbon
- PowerSource Philippines DevCo
- The University of Queensland
- AsiaOL BioFuels Corp., Philippines
- Borneo Indobara - Indonesia
- Kumho Petrochemical, South Korea
- Alfred C Toepfer International GmbH - Germany
- Oldendorff Carriers - Singapore
- Globalindo Alam Lestari - Indonesia
- Billiton Holdings Pty Ltd - Australia
- ASAPP Information Group - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sakthi Sugars Limited - India
- Xindia Steels Limited - India
- Commonwealth Bank - Australia
- Bukit Asam (Persero) Tbk - Indonesia
- Cigading International Bulk Terminal - Indonesia
- IHS Mccloskey Coal Group - USA
- Formosa Plastics Group - Taiwan
- Electricity Generating Authority of Thailand
- Jindal Steel & Power Ltd - India
- Cement Manufacturers Association - India
- Thai Mozambique Logistica
- Directorate General of MIneral and Coal - Indonesia
- Antam Resourcindo - Indonesia
- India Bulls Power Limited - India
- Siam City Cement PLC, Thailand
- Global Green Power PLC Corporation, Philippines
- Standard Chartered Bank - UAE
- Mercuria Energy - Indonesia
- Georgia Ports Authority, United States
- Merrill Lynch Commodities Europe
- Wilmar Investment Holdings
- Asmin Koalindo Tuhup - Indonesia
- The Treasury - Australian Government
- PNOC Exploration Corporation - Philippines
- Iligan Light & Power Inc, Philippines
- Indian Oil Corporation Limited
- Romanian Commodities Exchange
- TNB Fuel Sdn Bhd - Malaysia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Sinarmas Energy and Mining - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Gujarat Electricity Regulatory Commission - India
- OPG Power Generation Pvt Ltd - India
- Grasim Industreis Ltd - India
- Kideco Jaya Agung - Indonesia
- Mjunction Services Limited - India
- Vedanta Resources Plc - India
- Larsen & Toubro Limited - India
- GVK Power & Infra Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Star Paper Mills Limited - India
- Rio Tinto Coal - Australia
- CNBM International Corporation - China
- Salva Resources Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Maheswari Brothers Coal Limited - India
- Goldman Sachs - Singapore
- Indika Energy - Indonesia
- Essar Steel Hazira Ltd - India
- Samtan Co., Ltd - South Korea
- Videocon Industries ltd - India
|
| |
| |
|
