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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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Sunday, 17 June 12
S7 & S8 ROUTES ARE LIKELY TO BE SOFT NEXT WEEK - VISTAAR
COALspot.com - The BDI gained some increase after continues fall for several weeks.
The BDI increased by 47 points (up by 5.36 pct) closing at 92 ...
Saturday, 16 June 12
INDONESIAN SUB-BITUMINOUS COAL & CFR SOUTH CHINA COAL CONTRACT SWAPS ARE UNDER PRESSURE
COALspot.com - Indonesian sub-bituminous coal swaps and CFR South China coal contracts for July deliveries seems to be under pressure this week.&nbs ...
Friday, 15 June 12
CAPESIZE - THE LEVELS THAT DID FIX ARE DOWN W-O-W LEVELS - FEARNLEYS
Handy
Another slow-moving market with rates hovering at same level as last week. US Gulf positions fixed USD 25,000 for trips to Cont/Passero and S ...
Thursday, 14 June 12
SMALLER DRY BULK CARRIERS LIKELY TO FACE MORE CHALLENGES; DEMOLITION ACTIVITY SET FOR RECORD YEAR - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
In its latest update on the dry bulk markets, BIMCO said that China is partly “failing to deliver” on raw material imports that can affe ...
Wednesday, 13 June 12
LOW COAL PRICES COULD CHANGE SUPPLY SIDE DYNAMICS - FITCH RATINGS
Fitch Ratings believes that the weakness seen in thermal coal prices in recent months should reverse once demand from major importers recovers, alth ...
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- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Price Waterhouse Coopers - Russia
- London Commodity Brokers - England
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sakthi Sugars Limited - India
- Timah Investasi Mineral - Indoneisa
- Bukit Baiduri Energy - Indonesia
- Wood Mackenzie - Singapore
- Bayan Resources Tbk. - Indonesia
- Indogreen Group - Indonesia
- McConnell Dowell - Australia
- VISA Power Limited - India
- Independent Power Producers Association of India
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Mintek Dendrill Indonesia
- Energy Link Ltd, New Zealand
- Gujarat Electricity Regulatory Commission - India
- Power Finance Corporation Ltd., India
- Sinarmas Energy and Mining - Indonesia
- Attock Cement Pakistan Limited
- Ministry of Mines - Canada
- Siam City Cement - Thailand
- Ministry of Transport, Egypt
- Meralco Power Generation, Philippines
- Barasentosa Lestari - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Malabar Cements Ltd - India
- OPG Power Generation Pvt Ltd - India
- Baramulti Group, Indonesia
- PowerSource Philippines DevCo
- Singapore Mercantile Exchange
- Cigading International Bulk Terminal - Indonesia
- Banpu Public Company Limited - Thailand
- Aboitiz Power Corporation - Philippines
- IHS Mccloskey Coal Group - USA
- TNB Fuel Sdn Bhd - Malaysia
- ASAPP Information Group - India
- Sojitz Corporation - Japan
- The University of Queensland
- Maheswari Brothers Coal Limited - India
- Uttam Galva Steels Limited - India
- Goldman Sachs - Singapore
- Romanian Commodities Exchange
- Antam Resourcindo - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Thai Mozambique Logistica
- Standard Chartered Bank - UAE
- Anglo American - United Kingdom
- Carbofer General Trading SA - India
- Indonesian Coal Mining Association
- White Energy Company Limited
- Alfred C Toepfer International GmbH - Germany
- Latin American Coal - Colombia
- Bangladesh Power Developement Board
- Bukit Makmur.PT - Indonesia
- Deloitte Consulting - India
- Globalindo Alam Lestari - Indonesia
- Xindia Steels Limited - India
- Kartika Selabumi Mining - Indonesia
- Agrawal Coal Company - India
- Larsen & Toubro Limited - India
- MS Steel International - UAE
- GN Power Mariveles Coal Plant, Philippines
- SN Aboitiz Power Inc, Philippines
- Jindal Steel & Power Ltd - India
- Oldendorff Carriers - Singapore
- Mjunction Services Limited - India
- PTC India Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Kohat Cement Company Ltd. - Pakistan
- Maharashtra Electricity Regulatory Commission - India
- Meenaskhi Energy Private Limited - India
- Edison Trading Spa - Italy
- Kumho Petrochemical, South Korea
- Semirara Mining Corp, Philippines
- GMR Energy Limited - India
- Planning Commission, India
- AsiaOL BioFuels Corp., Philippines
- Toyota Tsusho Corporation, Japan
- Makarim & Taira - Indonesia
- Trasteel International SA, Italy
- Georgia Ports Authority, United States
- PNOC Exploration Corporation - Philippines
- South Luzon Thermal Energy Corporation
- Medco Energi Mining Internasional
- Parliament of New Zealand
- Parry Sugars Refinery, India
- Sarangani Energy Corporation, Philippines
- Thiess Contractors Indonesia
- Kideco Jaya Agung - Indonesia
- Chettinad Cement Corporation Ltd - India
- TeaM Sual Corporation - Philippines
- Mercator Lines Limited - India
- Aditya Birla Group - India
- Metalloyd Limited - United Kingdom
- Indian Oil Corporation Limited
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Vijayanagar Sugar Pvt Ltd - India
- Coastal Gujarat Power Limited - India
- Marubeni Corporation - India
- International Coal Ventures Pvt Ltd - India
- Krishnapatnam Port Company Ltd. - India
- Ind-Barath Power Infra Limited - India
- New Zealand Coal & Carbon
- Tamil Nadu electricity Board
- Bulk Trading Sa - Switzerland
- Grasim Industreis Ltd - India
- Star Paper Mills Limited - India
- Commonwealth Bank - Australia
- Minerals Council of Australia
- Renaissance Capital - South Africa
- Tata Chemicals Ltd - India
- Gujarat Sidhee Cement - India
- Electricity Authority, New Zealand
- Videocon Industries ltd - India
- Dalmia Cement Bharat India
- PetroVietnam Power Coal Import and Supply Company
- Ceylon Electricity Board - Sri Lanka
- Intertek Mineral Services - Indonesia
- Samtan Co., Ltd - South Korea
- Central Electricity Authority - India
- CIMB Investment Bank - Malaysia
- Binh Thuan Hamico - Vietnam
- Neyveli Lignite Corporation Ltd, - India
- Karaikal Port Pvt Ltd - India
- Sindya Power Generating Company Private Ltd
- Energy Development Corp, Philippines
- Jaiprakash Power Ventures ltd
- Ambuja Cements Ltd - India
- Sical Logistics Limited - India
- Interocean Group of Companies - India
- Kobexindo Tractors - Indoneisa
- Eastern Coal Council - USA
- Port Waratah Coal Services - Australia
- Petron Corporation, Philippines
- Bhoruka Overseas - Indonesia
- Therma Luzon, Inc, Philippines
- Borneo Indobara - Indonesia
- Sree Jayajothi Cements Limited - India
- India Bulls Power Limited - India
- Orica Australia Pty. Ltd.
- Riau Bara Harum - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Indian Energy Exchange, India
- Holcim Trading Pte Ltd - Singapore
- Pipit Mutiara Jaya. PT, Indonesia
- Economic Council, Georgia
- Kepco SPC Power Corporation, Philippines
- Heidelberg Cement - Germany
- SMC Global Power, Philippines
- Simpson Spence & Young - Indonesia
- Vizag Seaport Private Limited - India
- Pendopo Energi Batubara - Indonesia
- Bharathi Cement Corporation - India
- Cement Manufacturers Association - India
- Leighton Contractors Pty Ltd - Australia
- Electricity Generating Authority of Thailand
- Asmin Koalindo Tuhup - Indonesia
- Straits Asia Resources Limited - Singapore
- Bhatia International Limited - India
- Bhushan Steel Limited - India
- Lanco Infratech Ltd - India
- Coal and Oil Company - UAE
- Gujarat Mineral Development Corp Ltd - India
- Mercuria Energy - Indonesia
- Rio Tinto Coal - Australia
- Madhucon Powers Ltd - India
- IEA Clean Coal Centre - UK
- Indo Tambangraya Megah - Indonesia
- Vedanta Resources Plc - India
- Global Coal Blending Company Limited - Australia
- Eastern Energy - Thailand
- Orica Mining Services - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Wilmar Investment Holdings
- Chamber of Mines of South Africa
- Altura Mining Limited, Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Coalindo Energy - Indonesia
- Africa Commodities Group - South Africa
- Merrill Lynch Commodities Europe
- SMG Consultants - Indonesia
- GAC Shipping (India) Pvt Ltd
- San Jose City I Power Corp, Philippines
- Indika Energy - Indonesia
- Posco Energy - South Korea
- The State Trading Corporation of India Ltd
- Kapuas Tunggal Persada - Indonesia
- ICICI Bank Limited - India
- Iligan Light & Power Inc, Philippines
- LBH Netherlands Bv - Netherlands
- Siam City Cement PLC, Thailand
- Global Business Power Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Global Green Power PLC Corporation, Philippines
- Directorate Of Revenue Intelligence - India
- Formosa Plastics Group - Taiwan
- Manunggal Multi Energi - Indonesia
- CNBM International Corporation - China
- Kalimantan Lumbung Energi - Indonesia
- The Treasury - Australian Government
- Kaltim Prima Coal - Indonesia
- Savvy Resources Ltd - HongKong
- Australian Coal Association
- Miang Besar Coal Terminal - Indonesia
- Ministry of Finance - Indonesia
- Salva Resources Pvt Ltd - India
- Essar Steel Hazira Ltd - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Central Java Power - Indonesia
- European Bulk Services B.V. - Netherlands
- Rashtriya Ispat Nigam Limited - India
- GVK Power & Infra Limited - India
- Australian Commodity Traders Exchange
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