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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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Friday, 22 June 12
GLOBAL ACTION NEEDED ON ENERGY POVERTY - WORLD COAL
Eradicating energy poverty is possibly the biggest challenge facing the world today. Like climate change it can only be addressed with a concerted g ...
Friday, 22 June 12
COAL: THE BACKBONE OF MODERN ELECTRICITY - ECOAL
Coal has been described as the "forgotten fuel," perhaps because many aren't aware of the huge role it plays in powering the global econo ...
Thursday, 21 June 12
DRY BULK MARKET ON THE RISE AGAIN - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market was on the rise once again yesterday, with the Baltic Dry Index (BDI), the industry’s benchmark, rising by 18 points, or 1 ...
Wednesday, 20 June 12
BDI MOVING HIGHER, PANAMAX AND SUPRAMAX VESSELS STRONGER, CAPESIZE RATES NEAR TO HISTORICAL LOWS OF DECEMBER 2008 - MARIA BERTZELETOU, HELLENIC SHIPPING
The dry market seems to follow the dynamic of the previous week with the Baltic Dry Index showing daily increases since June 8th, but is still stand ...
Tuesday, 19 June 12
SMALLER DRY BULK CARRIERS LIFT UP MARKET, PANAMAXES SET TO FALL SAYS ANALYST - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Another rise for the dry bulk market was evident yesterday, as the industry’s benchmark, the BDI (Baltic Dry Index) was up for a ninth straigh ...
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- SMG Consultants - Indonesia
- Mintek Dendrill Indonesia
- Romanian Commodities Exchange
- Savvy Resources Ltd - HongKong
- Heidelberg Cement - Germany
- Larsen & Toubro Limited - India
- Mjunction Services Limited - India
- Sree Jayajothi Cements Limited - India
- Bhatia International Limited - India
- Coalindo Energy - Indonesia
- Ministry of Finance - Indonesia
- MS Steel International - UAE
- India Bulls Power Limited - India
- Simpson Spence & Young - Indonesia
- Therma Luzon, Inc, Philippines
- Wood Mackenzie - Singapore
- Anglo American - United Kingdom
- VISA Power Limited - India
- Global Green Power PLC Corporation, Philippines
- Gujarat Mineral Development Corp Ltd - India
- Barasentosa Lestari - Indonesia
- Bayan Resources Tbk. - Indonesia
- IEA Clean Coal Centre - UK
- Renaissance Capital - South Africa
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- AsiaOL BioFuels Corp., Philippines
- Ministry of Transport, Egypt
- GAC Shipping (India) Pvt Ltd
- Meralco Power Generation, Philippines
- Kumho Petrochemical, South Korea
- Holcim Trading Pte Ltd - Singapore
- Ministry of Mines - Canada
- White Energy Company Limited
- Gujarat Sidhee Cement - India
- Semirara Mining Corp, Philippines
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- GMR Energy Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Leighton Contractors Pty Ltd - Australia
- Georgia Ports Authority, United States
- Standard Chartered Bank - UAE
- Bulk Trading Sa - Switzerland
- Indo Tambangraya Megah - Indonesia
- Carbofer General Trading SA - India
- Chettinad Cement Corporation Ltd - India
- New Zealand Coal & Carbon
- PNOC Exploration Corporation - Philippines
- Xindia Steels Limited - India
- CIMB Investment Bank - Malaysia
- Commonwealth Bank - Australia
- Port Waratah Coal Services - Australia
- Directorate Of Revenue Intelligence - India
- Bukit Baiduri Energy - Indonesia
- ASAPP Information Group - India
- The University of Queensland
- Baramulti Group, Indonesia
- Parliament of New Zealand
- Economic Council, Georgia
- PowerSource Philippines DevCo
- Aboitiz Power Corporation - Philippines
- Energy Development Corp, Philippines
- London Commodity Brokers - England
- Binh Thuan Hamico - Vietnam
- Madhucon Powers Ltd - India
- Independent Power Producers Association of India
- Wilmar Investment Holdings
- Star Paper Mills Limited - India
- Timah Investasi Mineral - Indoneisa
- Rio Tinto Coal - Australia
- Coastal Gujarat Power Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Petron Corporation, Philippines
- Antam Resourcindo - Indonesia
- SMC Global Power, Philippines
- Malabar Cements Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- Goldman Sachs - Singapore
- Parry Sugars Refinery, India
- South Luzon Thermal Energy Corporation
- Aditya Birla Group - India
- Formosa Plastics Group - Taiwan
- Posco Energy - South Korea
- Ceylon Electricity Board - Sri Lanka
- Thai Mozambique Logistica
- Orica Australia Pty. Ltd.
- Coal and Oil Company - UAE
- The State Trading Corporation of India Ltd
- GN Power Mariveles Coal Plant, Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Latin American Coal - Colombia
- TeaM Sual Corporation - Philippines
- Central Electricity Authority - India
- Lanco Infratech Ltd - India
- Kaltim Prima Coal - Indonesia
- Maheswari Brothers Coal Limited - India
- Indogreen Group - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Australian Commodity Traders Exchange
- Price Waterhouse Coopers - Russia
- Grasim Industreis Ltd - India
- Sical Logistics Limited - India
- SN Aboitiz Power Inc, Philippines
- Sarangani Energy Corporation, Philippines
- Vedanta Resources Plc - India
- Central Java Power - Indonesia
- Siam City Cement PLC, Thailand
- Bank of Tokyo Mitsubishi UFJ Ltd
- Videocon Industries ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Attock Cement Pakistan Limited
- European Bulk Services B.V. - Netherlands
- Makarim & Taira - Indonesia
- Planning Commission, India
- PTC India Limited - India
- Electricity Authority, New Zealand
- Riau Bara Harum - Indonesia
- Jindal Steel & Power Ltd - India
- OPG Power Generation Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Gujarat Electricity Regulatory Commission - India
- Eastern Coal Council - USA
- Bukit Makmur.PT - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Jaiprakash Power Ventures ltd
- Marubeni Corporation - India
- Cement Manufacturers Association - India
- Indonesian Coal Mining Association
- Manunggal Multi Energi - Indonesia
- Kobexindo Tractors - Indoneisa
- Uttam Galva Steels Limited - India
- Toyota Tsusho Corporation, Japan
- Sinarmas Energy and Mining - Indonesia
- International Coal Ventures Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Rashtriya Ispat Nigam Limited - India
- Borneo Indobara - Indonesia
- Meenaskhi Energy Private Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- San Jose City I Power Corp, Philippines
- Sakthi Sugars Limited - India
- Kapuas Tunggal Persada - Indonesia
- IHS Mccloskey Coal Group - USA
- Indika Energy - Indonesia
- Interocean Group of Companies - India
- Miang Besar Coal Terminal - Indonesia
- Samtan Co., Ltd - South Korea
- Kohat Cement Company Ltd. - Pakistan
- PetroVietnam Power Coal Import and Supply Company
- Bhushan Steel Limited - India
- Thiess Contractors Indonesia
- Power Finance Corporation Ltd., India
- Bangladesh Power Developement Board
- Karbindo Abesyapradhi - Indoneisa
- Siam City Cement - Thailand
- Minerals Council of Australia
- Indian Energy Exchange, India
- Singapore Mercantile Exchange
- Metalloyd Limited - United Kingdom
- Energy Link Ltd, New Zealand
- The Treasury - Australian Government
- Eastern Energy - Thailand
- Medco Energi Mining Internasional
- Bharathi Cement Corporation - India
- Pendopo Energi Batubara - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Kartika Selabumi Mining - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Mercuria Energy - Indonesia
- Ambuja Cements Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Oldendorff Carriers - Singapore
- Australian Coal Association
- Semirara Mining and Power Corporation, Philippines
- Chamber of Mines of South Africa
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Trasteel International SA, Italy
- Banpu Public Company Limited - Thailand
- Merrill Lynch Commodities Europe
- Electricity Generating Authority of Thailand
- ICICI Bank Limited - India
- Kalimantan Lumbung Energi - Indonesia
- Kideco Jaya Agung - Indonesia
- Global Coal Blending Company Limited - Australia
- Sojitz Corporation - Japan
- LBH Netherlands Bv - Netherlands
- Deloitte Consulting - India
- Sindya Power Generating Company Private Ltd
- Orica Mining Services - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Tamil Nadu electricity Board
- Intertek Mineral Services - Indonesia
- Kepco SPC Power Corporation, Philippines
- McConnell Dowell - Australia
- Altura Mining Limited, Indonesia
- Alfred C Toepfer International GmbH - Germany
- GVK Power & Infra Limited - India
- Karaikal Port Pvt Ltd - India
- Indian Oil Corporation Limited
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Dalmia Cement Bharat India
- Edison Trading Spa - Italy
- Salva Resources Pvt Ltd - India
- Iligan Light & Power Inc, Philippines
- CNBM International Corporation - China
- Tata Chemicals Ltd - India
- Straits Asia Resources Limited - Singapore
- Vizag Seaport Private Limited - India
- Cigading International Bulk Terminal - Indonesia
- Agrawal Coal Company - India
- Bhoruka Overseas - Indonesia
- Mercator Lines Limited - India
- Maharashtra Electricity Regulatory Commission - India
- Ind-Barath Power Infra Limited - India
- Globalindo Alam Lestari - Indonesia
- Africa Commodities Group - South Africa
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