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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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Thursday, 03 May 12
DRY BULK MARKET REMAINS INACTIVE, POSTING MILD DECREASE - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market has kept retreating this week, although at a very low pace, on the back of a lull in demand. The industry's benchmark, th ...
Thursday, 03 May 12
MINERS DEMAND LEGAL CERTAINTY ON PRE-BAN INTERIM POLICY - THE JAKARTA POST
The Jakarta Post reported that, Mining companies represented by the Indonesian Mining Association (IMA) welcomed the government’s plan to impo ...
Thursday, 03 May 12
HANDY EAST COAST INDIA - CHINA AROUND USD 7000 - FEARNLEYS AS
Handy - Stable demand in the Atlantic offered good rates for the tonnage.
USG/Cont was worth USD 17500 and more. Baltic and Black Sea appeared to ...
Wednesday, 02 May 12
CHINA BLACKOUTS HIGHLIGHT PRICING POLICY WEAKNESS - FITCH
Fitch reported that, the likelihood of further electricity blackouts in China this summer underlines Fitch's view of the basic problem f ...
Tuesday, 01 May 12
VIETNAM FEARS IT MAY NOT SEEK COAL SUPPLIES - TBKTSG / VIETNAMNET BRIDGE
TBKTSG / VietNamNet Bridge reported that, with five coal-run thermopower plants under construction, PetroVietnam alone would need 18 million tons of ...
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- Vedanta Resources Plc - India
- Madhucon Powers Ltd - India
- Bulk Trading Sa - Switzerland
- Therma Luzon, Inc, Philippines
- Semirara Mining and Power Corporation, Philippines
- Anglo American - United Kingdom
- Energy Development Corp, Philippines
- Global Business Power Corporation, Philippines
- Formosa Plastics Group - Taiwan
- Intertek Mineral Services - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- Petron Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Siam City Cement - Thailand
- PetroVietnam Power Coal Import and Supply Company
- SMC Global Power, Philippines
- VISA Power Limited - India
- South Luzon Thermal Energy Corporation
- Kumho Petrochemical, South Korea
- Vizag Seaport Private Limited - India
- ASAPP Information Group - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Coalindo Energy - Indonesia
- Africa Commodities Group - South Africa
- Indian Oil Corporation Limited
- PTC India Limited - India
- IHS Mccloskey Coal Group - USA
- Ind-Barath Power Infra Limited - India
- Karaikal Port Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Semirara Mining Corp, Philippines
- New Zealand Coal & Carbon
- Rio Tinto Coal - Australia
- Goldman Sachs - Singapore
- MS Steel International - UAE
- Barasentosa Lestari - Indonesia
- Holcim Trading Pte Ltd - Singapore
- McConnell Dowell - Australia
- The Treasury - Australian Government
- The State Trading Corporation of India Ltd
- Kepco SPC Power Corporation, Philippines
- Directorate General of MIneral and Coal - Indonesia
- Electricity Authority, New Zealand
- London Commodity Brokers - England
- Bhushan Steel Limited - India
- PNOC Exploration Corporation - Philippines
- Mjunction Services Limited - India
- Posco Energy - South Korea
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Bangladesh Power Developement Board
- Gujarat Mineral Development Corp Ltd - India
- Pipit Mutiara Jaya. PT, Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Carbofer General Trading SA - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Global Green Power PLC Corporation, Philippines
- Oldendorff Carriers - Singapore
- Deloitte Consulting - India
- India Bulls Power Limited - India
- White Energy Company Limited
- Ceylon Electricity Board - Sri Lanka
- CNBM International Corporation - China
- Gujarat Electricity Regulatory Commission - India
- Directorate Of Revenue Intelligence - India
- Georgia Ports Authority, United States
- Heidelberg Cement - Germany
- Kobexindo Tractors - Indoneisa
- Maheswari Brothers Coal Limited - India
- Metalloyd Limited - United Kingdom
- Port Waratah Coal Services - Australia
- Eastern Coal Council - USA
- Planning Commission, India
- Global Coal Blending Company Limited - Australia
- Gujarat Sidhee Cement - India
- Coal and Oil Company - UAE
- CIMB Investment Bank - Malaysia
- Wilmar Investment Holdings
- Malabar Cements Ltd - India
- Jindal Steel & Power Ltd - India
- Bukit Makmur.PT - Indonesia
- Bhoruka Overseas - Indonesia
- Alfred C Toepfer International GmbH - Germany
- PowerSource Philippines DevCo
- Indogreen Group - Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Edison Trading Spa - Italy
- Thai Mozambique Logistica
- Power Finance Corporation Ltd., India
- GVK Power & Infra Limited - India
- Sical Logistics Limited - India
- Mercator Lines Limited - India
- Mercuria Energy - Indonesia
- Sakthi Sugars Limited - India
- Meralco Power Generation, Philippines
- IEA Clean Coal Centre - UK
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sindya Power Generating Company Private Ltd
- Sarangani Energy Corporation, Philippines
- Riau Bara Harum - Indonesia
- Parliament of New Zealand
- Antam Resourcindo - Indonesia
- LBH Netherlands Bv - Netherlands
- GMR Energy Limited - India
- Samtan Co., Ltd - South Korea
- Sree Jayajothi Cements Limited - India
- Indo Tambangraya Megah - Indonesia
- Videocon Industries ltd - India
- Economic Council, Georgia
- Manunggal Multi Energi - Indonesia
- Savvy Resources Ltd - HongKong
- Makarim & Taira - Indonesia
- Star Paper Mills Limited - India
- AsiaOL BioFuels Corp., Philippines
- TeaM Sual Corporation - Philippines
- Standard Chartered Bank - UAE
- Mintek Dendrill Indonesia
- Electricity Generating Authority of Thailand
- Eastern Energy - Thailand
- Bhatia International Limited - India
- Medco Energi Mining Internasional
- Interocean Group of Companies - India
- Meenaskhi Energy Private Limited - India
- Salva Resources Pvt Ltd - India
- Singapore Mercantile Exchange
- GAC Shipping (India) Pvt Ltd
- Kohat Cement Company Ltd. - Pakistan
- Orica Australia Pty. Ltd.
- Parry Sugars Refinery, India
- Binh Thuan Hamico - Vietnam
- Sinarmas Energy and Mining - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Australian Commodity Traders Exchange
- SN Aboitiz Power Inc, Philippines
- Tamil Nadu electricity Board
- Uttam Galva Steels Limited - India
- Indonesian Coal Mining Association
- Indika Energy - Indonesia
- ICICI Bank Limited - India
- GN Power Mariveles Coal Plant, Philippines
- Simpson Spence & Young - Indonesia
- Vijayanagar Sugar Pvt Ltd - India
- Miang Besar Coal Terminal - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Globalindo Alam Lestari - Indonesia
- Agrawal Coal Company - India
- Renaissance Capital - South Africa
- Karbindo Abesyapradhi - Indoneisa
- Australian Coal Association
- Bukit Asam (Persero) Tbk - Indonesia
- Kartika Selabumi Mining - Indonesia
- Latin American Coal - Colombia
- Wood Mackenzie - Singapore
- Romanian Commodities Exchange
- Ambuja Cements Ltd - India
- Indian Energy Exchange, India
- Cigading International Bulk Terminal - Indonesia
- OPG Power Generation Pvt Ltd - India
- Banpu Public Company Limited - Thailand
- Thiess Contractors Indonesia
- Kapuas Tunggal Persada - Indonesia
- The University of Queensland
- Bharathi Cement Corporation - India
- Ministry of Finance - Indonesia
- Energy Link Ltd, New Zealand
- Leighton Contractors Pty Ltd - Australia
- Maharashtra Electricity Regulatory Commission - India
- TNB Fuel Sdn Bhd - Malaysia
- European Bulk Services B.V. - Netherlands
- Borneo Indobara - Indonesia
- SMG Consultants - Indonesia
- Cement Manufacturers Association - India
- Merrill Lynch Commodities Europe
- Kaltim Prima Coal - Indonesia
- Siam City Cement PLC, Thailand
- Timah Investasi Mineral - Indoneisa
- Trasteel International SA, Italy
- Essar Steel Hazira Ltd - India
- Central Java Power - Indonesia
- Central Electricity Authority - India
- Kideco Jaya Agung - Indonesia
- International Coal Ventures Pvt Ltd - India
- Larsen & Toubro Limited - India
- Commonwealth Bank - Australia
- Jorong Barutama Greston.PT - Indonesia
- Baramulti Group, Indonesia
- Price Waterhouse Coopers - Russia
- Petrochimia International Co. Ltd.- Taiwan
- Lanco Infratech Ltd - India
- Bayan Resources Tbk. - Indonesia
- Straits Asia Resources Limited - Singapore
- San Jose City I Power Corp, Philippines
- Marubeni Corporation - India
- Chamber of Mines of South Africa
- Ministry of Transport, Egypt
- Attock Cement Pakistan Limited
- Coastal Gujarat Power Limited - India
- Pendopo Energi Batubara - Indonesia
- Toyota Tsusho Corporation, Japan
- Neyveli Lignite Corporation Ltd, - India
- Minerals Council of Australia
- Altura Mining Limited, Indonesia
- Dalmia Cement Bharat India
- Aboitiz Power Corporation - Philippines
- Xindia Steels Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Sojitz Corporation - Japan
- Grasim Industreis Ltd - India
- Orica Mining Services - Indonesia
- Jaiprakash Power Ventures ltd
- Chettinad Cement Corporation Ltd - India
- Billiton Holdings Pty Ltd - Australia
- Aditya Birla Group - India
- Bukit Baiduri Energy - Indonesia
- Tata Chemicals Ltd - India
- Independent Power Producers Association of India
- Ministry of Mines - Canada
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