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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, 12 May 12
THE SHIPPING MARKET IS UNLIKELY TO SEE A REBOUND ANYTIME SOON - VISTAAR SINGAPORE
COALspot.com - The BDI softened this week and it was down by 1.64 pct closing at 1,138 points.
The cape index was up by 2.41 pct closing at 1,61 ...
Friday, 11 May 12
POLITICAL CHANGES COULD LEAD TO TEMPORARY HALT IN SHIPPING INVESTMENTS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The potential of changes of political leadership in many of the world’s leading economies could very well lead to significant shifts in the di ...
Thursday, 10 May 12
DRY BULK ERRATIC ON LACK OF DIRECTION - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has kept up its erratic behavior as it went down again during yesterday’s session, on a lack of direct guidance in terms o ...
Wednesday, 09 May 12
COAL INDIA SIGNS FSAS WITH 13 POWER UNITS SO FAR - PTI
Press Trust of India has reported that, coal India has so far entered into fuel supply pacts with 13 power units, including Reliance Power's Rosa P ...
Tuesday, 08 May 12
DRY BULK MARKET LOOKING FOR NEW DIRECTION THIS WEEK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
With the BDI (Baltic Dry Index) the main benchmark of the dry bulk shipping industry not traded at the start of this week, traders, charterers and s ...
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- Price Waterhouse Coopers - Russia
- Renaissance Capital - South Africa
- International Coal Ventures Pvt Ltd - India
- Carbofer General Trading SA - India
- Kaltim Prima Coal - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Interocean Group of Companies - India
- Mintek Dendrill Indonesia
- Siam City Cement - Thailand
- Merrill Lynch Commodities Europe
- PowerSource Philippines DevCo
- Larsen & Toubro Limited - India
- Indonesian Coal Mining Association
- Sojitz Corporation - Japan
- Billiton Holdings Pty Ltd - Australia
- Eastern Energy - Thailand
- Ministry of Finance - Indonesia
- Bhoruka Overseas - Indonesia
- Aditya Birla Group - India
- Star Paper Mills Limited - India
- White Energy Company Limited
- Metalloyd Limited - United Kingdom
- European Bulk Services B.V. - Netherlands
- Essar Steel Hazira Ltd - India
- Kideco Jaya Agung - Indonesia
- Edison Trading Spa - Italy
- Vedanta Resources Plc - India
- Indika Energy - Indonesia
- Manunggal Multi Energi - Indonesia
- Economic Council, Georgia
- SMG Consultants - Indonesia
- Jaiprakash Power Ventures ltd
- SMC Global Power, Philippines
- Borneo Indobara - Indonesia
- Energy Development Corp, Philippines
- Petrochimia International Co. Ltd.- Taiwan
- Wilmar Investment Holdings
- Global Business Power Corporation, Philippines
- GAC Shipping (India) Pvt Ltd
- Port Waratah Coal Services - Australia
- The University of Queensland
- South Luzon Thermal Energy Corporation
- Deloitte Consulting - India
- Indo Tambangraya Megah - Indonesia
- VISA Power Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- CIMB Investment Bank - Malaysia
- Bharathi Cement Corporation - India
- Sakthi Sugars Limited - India
- Makarim & Taira - Indonesia
- Planning Commission, India
- Sinarmas Energy and Mining - Indonesia
- GMR Energy Limited - India
- Directorate General of MIneral and Coal - Indonesia
- Barasentosa Lestari - Indonesia
- Timah Investasi Mineral - Indoneisa
- Trasteel International SA, Italy
- Thai Mozambique Logistica
- Sarangani Energy Corporation, Philippines
- Bayan Resources Tbk. - Indonesia
- Binh Thuan Hamico - Vietnam
- Riau Bara Harum - Indonesia
- Aboitiz Power Corporation - Philippines
- Madhucon Powers Ltd - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- GN Power Mariveles Coal Plant, Philippines
- Wood Mackenzie - Singapore
- Uttam Galva Steels Limited - India
- Anglo American - United Kingdom
- OPG Power Generation Pvt Ltd - India
- Xindia Steels Limited - India
- GVK Power & Infra Limited - India
- Coalindo Energy - Indonesia
- Ministry of Mines - Canada
- Indogreen Group - Indonesia
- Bhatia International Limited - India
- Banpu Public Company Limited - Thailand
- AsiaOL BioFuels Corp., Philippines
- Parry Sugars Refinery, India
- Directorate Of Revenue Intelligence - India
- Indian Energy Exchange, India
- India Bulls Power Limited - India
- Bhushan Steel Limited - India
- Rio Tinto Coal - Australia
- Independent Power Producers Association of India
- Siam City Cement PLC, Thailand
- Asmin Koalindo Tuhup - Indonesia
- Heidelberg Cement - Germany
- Australian Commodity Traders Exchange
- Ceylon Electricity Board - Sri Lanka
- Krishnapatnam Port Company Ltd. - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Karbindo Abesyapradhi - Indoneisa
- Semirara Mining Corp, Philippines
- Chamber of Mines of South Africa
- Savvy Resources Ltd - HongKong
- Pipit Mutiara Jaya. PT, Indonesia
- Africa Commodities Group - South Africa
- ASAPP Information Group - India
- Jindal Steel & Power Ltd - India
- PTC India Limited - India
- Goldman Sachs - Singapore
- Global Green Power PLC Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- Mercuria Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Commonwealth Bank - Australia
- Cement Manufacturers Association - India
- Medco Energi Mining Internasional
- Globalindo Alam Lestari - Indonesia
- Dalmia Cement Bharat India
- Bulk Trading Sa - Switzerland
- Thiess Contractors Indonesia
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Attock Cement Pakistan Limited
- Karaikal Port Pvt Ltd - India
- Bahari Cakrawala Sebuku - Indonesia
- Meenaskhi Energy Private Limited - India
- Global Coal Blending Company Limited - Australia
- Sindya Power Generating Company Private Ltd
- Marubeni Corporation - India
- San Jose City I Power Corp, Philippines
- Therma Luzon, Inc, Philippines
- IHS Mccloskey Coal Group - USA
- Bangladesh Power Developement Board
- Coal and Oil Company - UAE
- McConnell Dowell - Australia
- Maheswari Brothers Coal Limited - India
- The Treasury - Australian Government
- Holcim Trading Pte Ltd - Singapore
- Central Electricity Authority - India
- Malabar Cements Ltd - India
- London Commodity Brokers - England
- Ambuja Cements Ltd - India
- Kartika Selabumi Mining - Indonesia
- Central Java Power - Indonesia
- Australian Coal Association
- Cigading International Bulk Terminal - Indonesia
- Iligan Light & Power Inc, Philippines
- Coastal Gujarat Power Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Posco Energy - South Korea
- Pendopo Energi Batubara - Indonesia
- Toyota Tsusho Corporation, Japan
- Minerals Council of Australia
- CNBM International Corporation - China
- Orica Australia Pty. Ltd.
- Oldendorff Carriers - Singapore
- PNOC Exploration Corporation - Philippines
- Mjunction Services Limited - India
- Kepco SPC Power Corporation, Philippines
- New Zealand Coal & Carbon
- Maharashtra Electricity Regulatory Commission - India
- Leighton Contractors Pty Ltd - Australia
- IEA Clean Coal Centre - UK
- Energy Link Ltd, New Zealand
- SN Aboitiz Power Inc, Philippines
- Kapuas Tunggal Persada - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Videocon Industries ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Petron Corporation, Philippines
- Eastern Coal Council - USA
- Kobexindo Tractors - Indoneisa
- Bukit Makmur.PT - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Altura Mining Limited, Indonesia
- MS Steel International - UAE
- Salva Resources Pvt Ltd - India
- The State Trading Corporation of India Ltd
- Lanco Infratech Ltd - India
- Electricity Generating Authority of Thailand
- TeaM Sual Corporation - Philippines
- Tata Chemicals Ltd - India
- Indian Oil Corporation Limited
- Electricity Authority, New Zealand
- Orica Mining Services - Indonesia
- Mercator Lines Limited - India
- Baramulti Group, Indonesia
- Formosa Plastics Group - Taiwan
- Miang Besar Coal Terminal - Indonesia
- Sical Logistics Limited - India
- Ind-Barath Power Infra Limited - India
- Singapore Mercantile Exchange
- Grasim Industreis Ltd - India
- Bukit Baiduri Energy - Indonesia
- Latin American Coal - Colombia
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kumho Petrochemical, South Korea
- TNB Fuel Sdn Bhd - Malaysia
- Samtan Co., Ltd - South Korea
- Standard Chartered Bank - UAE
- Neyveli Lignite Corporation Ltd, - India
- Alfred C Toepfer International GmbH - Germany
- Gujarat Sidhee Cement - India
- Vijayanagar Sugar Pvt Ltd - India
- Ministry of Transport, Egypt
- Romanian Commodities Exchange
- Bukit Asam (Persero) Tbk - Indonesia
- Kohat Cement Company Ltd. - Pakistan
- Antam Resourcindo - Indonesia
- Georgia Ports Authority, United States
- Sree Jayajothi Cements Limited - India
- Parliament of New Zealand
- Simpson Spence & Young - Indonesia
- Intertek Mineral Services - Indonesia
- ICICI Bank Limited - India
- Straits Asia Resources Limited - Singapore
- Offshore Bulk Terminal Pte Ltd, Singapore
- Meralco Power Generation, Philippines
- LBH Netherlands Bv - Netherlands
- Vizag Seaport Private Limited - India
- Tamil Nadu electricity Board
- Power Finance Corporation Ltd., India
- Chettinad Cement Corporation Ltd - India
- Agrawal Coal Company - India
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