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Tuesday, 22 May 12
NEW ONE-YEAR TIME CHARTERS FOR TWO VESSELS OF EXCEL MARITIME CARRIERS LTD.
Excel Maritime Carriers Ltd. (NYSE: EXM), an owner and operator of dry bulk carriers and an international provider of worldwide seaborne transportation services for dry bulk cargoes, announced yesterday that it entered into new period charter agreements for yet another two of its vessels, as follows:
Kamsarmax M/V Iron Vassilis (82,257 dwt; built in 2006) and Panamax M/V Grain Express (76,466 dwt; built in 2004) have been fixed for a period of 10 -13 months at a gross daily rate of $11,000.
Following these fixtures, the Company’s charter coverage for the full year 2012 is:
- 72% for the entire fleet;
- 100% for the Capesize fleet.
About Excel Maritime Carriers Ltd.
Excel is an owner and operator of dry bulk carriers and a provider of worldwide seaborne transportation services for dry bulk cargoes, such as iron ore, coal and grains, as well as bauxite, fertilizers and steel products. Excel owns a fleet of 40 vessels, one of which, a Capesize vessel, is owned by a joint venture in which Excel holds a 71.4% interest, and, together with seven Panamax vessels under bareboat charters, operates 47 vessels (seven Capesize, 14 Kamsarmax, 21 Panamax, two Supramax and three Handymax vessels) with a total carrying capacity of approximately 4.1 million DWT. Excel’s Class A common shares have been listed since September 15, 2005 on the New York Stock Exchange (NYSE) under the symbol EXM and, prior to that date, were listed on the American Stock Exchange (AMEX) since 1998. For more information about Excel, please go to our corporate website www.excelmaritime.com.
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Saturday, 07 July 12
EXCESS SUPPLY & WEAK DEMAND KEEP COAL PRICES LOW
COALspot.com - SGX AsiaClear OTC Coal Swaps for August and Q4 deliveries slipped slightly this week. SGX’s Indonesian sub-bituminous coal swap ...
Saturday, 07 July 12
BALTIC INDEX UP ON STRONG CAPE, PANAMAX RATES - VISTAAR
COALspot.com - This week all the segments were firmed up with BDI up by 15.23 pct (up by 153 points) closing at 1,157 points.
The cape index also ...
Saturday, 07 July 12
DRY BULK MARKET NOT ABLE TO FIND SOLID GROUND SAY EXPERTS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the second half of each, traditionally looking the most active one, especially in terms of newbuildings being delivered, it's highly unlikely ...
Thursday, 05 July 12
GOVT GETS READY FOR $1.8B SUIT - THE JAKARTA POST
The Jakarta Post, one of the leading Indonesian English new papers reported that, several ministries and the Attorney General’s Office held a ...
Thursday, 05 July 12
DRY BULK MARKET MOVES FURTHER UP THE HILL - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has kept its growth momentum by the middle of the week, as the BDI (Baltic Dry Index) rose by an additional 40 points to 1,103 p ...
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- Star Paper Mills Limited - India
- CNBM International Corporation - China
- Maharashtra Electricity Regulatory Commission - India
- Australian Commodity Traders Exchange
- OPG Power Generation Pvt Ltd - India
- Baramulti Group, Indonesia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Coal and Oil Company - UAE
- Heidelberg Cement - Germany
- Gujarat Sidhee Cement - India
- Bahari Cakrawala Sebuku - Indonesia
- Meralco Power Generation, Philippines
- European Bulk Services B.V. - Netherlands
- Karaikal Port Pvt Ltd - India
- The University of Queensland
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kumho Petrochemical, South Korea
- Larsen & Toubro Limited - India
- Singapore Mercantile Exchange
- Krishnapatnam Port Company Ltd. - India
- Siam City Cement - Thailand
- Rio Tinto Coal - Australia
- Bukit Baiduri Energy - Indonesia
- PTC India Limited - India
- Malabar Cements Ltd - India
- PowerSource Philippines DevCo
- Bukit Makmur.PT - Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Iligan Light & Power Inc, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Borneo Indobara - Indonesia
- Sical Logistics Limited - India
- Billiton Holdings Pty Ltd - Australia
- Indo Tambangraya Megah - Indonesia
- Coastal Gujarat Power Limited - India
- LBH Netherlands Bv - Netherlands
- Kapuas Tunggal Persada - Indonesia
- VISA Power Limited - India
- Sarangani Energy Corporation, Philippines
- Indogreen Group - Indonesia
- Banpu Public Company Limited - Thailand
- Kartika Selabumi Mining - Indonesia
- SMG Consultants - Indonesia
- PetroVietnam Power Coal Import and Supply Company
- Marubeni Corporation - India
- Wood Mackenzie - Singapore
- Metalloyd Limited - United Kingdom
- Bukit Asam (Persero) Tbk - Indonesia
- McConnell Dowell - Australia
- PNOC Exploration Corporation - Philippines
- Africa Commodities Group - South Africa
- Neyveli Lignite Corporation Ltd, - India
- Thiess Contractors Indonesia
- Sinarmas Energy and Mining - Indonesia
- Tata Chemicals Ltd - India
- MS Steel International - UAE
- Binh Thuan Hamico - Vietnam
- Planning Commission, India
- Cigading International Bulk Terminal - Indonesia
- Chettinad Cement Corporation Ltd - India
- Kobexindo Tractors - Indoneisa
- Mercator Lines Limited - India
- Petron Corporation, Philippines
- Orica Mining Services - Indonesia
- The State Trading Corporation of India Ltd
- Merrill Lynch Commodities Europe
- Grasim Industreis Ltd - India
- Eastern Energy - Thailand
- Timah Investasi Mineral - Indoneisa
- Parliament of New Zealand
- Ind-Barath Power Infra Limited - India
- ASAPP Information Group - India
- Commonwealth Bank - Australia
- Petrochimia International Co. Ltd.- Taiwan
- Simpson Spence & Young - Indonesia
- Cement Manufacturers Association - India
- Makarim & Taira - Indonesia
- Central Electricity Authority - India
- Formosa Plastics Group - Taiwan
- Economic Council, Georgia
- Gujarat Electricity Regulatory Commission - India
- Indian Energy Exchange, India
- Alfred C Toepfer International GmbH - Germany
- Indian Oil Corporation Limited
- GVK Power & Infra Limited - India
- Attock Cement Pakistan Limited
- Pendopo Energi Batubara - Indonesia
- Altura Mining Limited, Indonesia
- Energy Development Corp, Philippines
- IEA Clean Coal Centre - UK
- Kepco SPC Power Corporation, Philippines
- Independent Power Producers Association of India
- Ceylon Electricity Board - Sri Lanka
- Standard Chartered Bank - UAE
- ICICI Bank Limited - India
- South Luzon Thermal Energy Corporation
- Edison Trading Spa - Italy
- Bhushan Steel Limited - India
- Renaissance Capital - South Africa
- Kideco Jaya Agung - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Mintek Dendrill Indonesia
- Coalindo Energy - Indonesia
- Jaiprakash Power Ventures ltd
- The Treasury - Australian Government
- Madhucon Powers Ltd - India
- Global Green Power PLC Corporation, Philippines
- Semirara Mining Corp, Philippines
- Leighton Contractors Pty Ltd - Australia
- International Coal Ventures Pvt Ltd - India
- GAC Shipping (India) Pvt Ltd
- Riau Bara Harum - Indonesia
- Electricity Generating Authority of Thailand
- Xindia Steels Limited - India
- Maheswari Brothers Coal Limited - India
- Manunggal Multi Energi - Indonesia
- CIMB Investment Bank - Malaysia
- Dalmia Cement Bharat India
- Sindya Power Generating Company Private Ltd
- Aditya Birla Group - India
- Siam City Cement PLC, Thailand
- Agrawal Coal Company - India
- Vijayanagar Sugar Pvt Ltd - India
- Tamil Nadu electricity Board
- Directorate Of Revenue Intelligence - India
- Miang Besar Coal Terminal - Indonesia
- Medco Energi Mining Internasional
- Ministry of Mines - Canada
- GMR Energy Limited - India
- Global Coal Blending Company Limited - Australia
- Vizag Seaport Private Limited - India
- Intertek Mineral Services - Indonesia
- Bangladesh Power Developement Board
- San Jose City I Power Corp, Philippines
- Mercuria Energy - Indonesia
- Energy Link Ltd, New Zealand
- Ministry of Transport, Egypt
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Barasentosa Lestari - Indonesia
- Globalindo Alam Lestari - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- AsiaOL BioFuels Corp., Philippines
- Interocean Group of Companies - India
- Bhoruka Overseas - Indonesia
- Central Java Power - Indonesia
- Thai Mozambique Logistica
- Bayan Resources Tbk. - Indonesia
- TeaM Sual Corporation - Philippines
- Electricity Authority, New Zealand
- Antam Resourcindo - Indonesia
- Deloitte Consulting - India
- Minerals Council of Australia
- Parry Sugars Refinery, India
- White Energy Company Limited
- Videocon Industries ltd - India
- Essar Steel Hazira Ltd - India
- Lanco Infratech Ltd - India
- Jorong Barutama Greston.PT - Indonesia
- Bharathi Cement Corporation - India
- Chamber of Mines of South Africa
- Global Business Power Corporation, Philippines
- Mjunction Services Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Kohat Cement Company Ltd. - Pakistan
- Kalimantan Lumbung Energi - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Latin American Coal - Colombia
- Wilmar Investment Holdings
- Oldendorff Carriers - Singapore
- Uttam Galva Steels Limited - India
- Salva Resources Pvt Ltd - India
- Carbofer General Trading SA - India
- Goldman Sachs - Singapore
- Savvy Resources Ltd - HongKong
- Therma Luzon, Inc, Philippines
- Romanian Commodities Exchange
- Orica Australia Pty. Ltd.
- Bulk Trading Sa - Switzerland
- Vedanta Resources Plc - India
- IHS Mccloskey Coal Group - USA
- Straits Asia Resources Limited - Singapore
- SMC Global Power, Philippines
- Power Finance Corporation Ltd., India
- Posco Energy - South Korea
- Meenaskhi Energy Private Limited - India
- Georgia Ports Authority, United States
- Sree Jayajothi Cements Limited - India
- Australian Coal Association
- Karbindo Abesyapradhi - Indoneisa
- SN Aboitiz Power Inc, Philippines
- Indika Energy - Indonesia
- Kaltim Prima Coal - Indonesia
- London Commodity Brokers - England
- Holcim Trading Pte Ltd - Singapore
- Anglo American - United Kingdom
- Sakthi Sugars Limited - India
- Samtan Co., Ltd - South Korea
- Directorate General of MIneral and Coal - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Port Waratah Coal Services - Australia
- Indonesian Coal Mining Association
- Asmin Koalindo Tuhup - Indonesia
- New Zealand Coal & Carbon
- Pipit Mutiara Jaya. PT, Indonesia
- Jindal Steel & Power Ltd - India
- Ambuja Cements Ltd - India
- Price Waterhouse Coopers - Russia
- Gujarat Mineral Development Corp Ltd - India
- India Bulls Power Limited - India
- Bhatia International Limited - India
- Toyota Tsusho Corporation, Japan
- Sojitz Corporation - Japan
- Aboitiz Power Corporation - Philippines
- Eastern Coal Council - USA
- Ministry of Finance - Indonesia
- Trasteel International SA, Italy
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