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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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Tuesday, 31 January 12
THERE ARE MANY GOOD REASONS FOR COAL IN GERMANY - DR CIESLIK
COALspot.com - "The year 2011 was again marked by many changes on the markets and energy policies, at times in line with expectations, but at o ...
Tuesday, 31 January 12
DRY BULK MARKET KEEPS FALLING FOR WORST MONTH IN YEARS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market didn't manage to put a halt in its downfall, with the industry's benchmark, the BDI (Baltic Dry Index), posting yet another fa ...
Monday, 30 January 12
CHINA'S HUNGER FOR COAL LEAVES DENT IN PENNSYLVANIA'S SUPPLY - THOMAS LESKIN
With the price of heating oil on the rise, one of Pennsylvania's greatest natural resources - coal - is in high demand, and not just locally.
Et ...
Saturday, 28 January 12
WILL FREIGHT MARKET STABILIZE FROM NEXT WEEK?
COALspot.com - The markets continued to soften with BDI at 663 points down by 15.78 pct closing at 726 points and cape index was down by 5.73 pct cl ...
Friday, 27 January 12
DEMOLITION ACTIVITY NEEDS TO INCREASE SIGNIFICANTLY THIS YEAR AS WELL - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The oversupply of vessels in most shipping sectors is so intense that it’s become clear to ship owners that unless they scrap as many of their ...
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- Electricity Generating Authority of Thailand
- Romanian Commodities Exchange
- Africa Commodities Group - South Africa
- The Treasury - Australian Government
- Ministry of Transport, Egypt
- Vedanta Resources Plc - India
- Trasteel International SA, Italy
- Bhatia International Limited - India
- Gujarat Electricity Regulatory Commission - India
- Petrochimia International Co. Ltd.- Taiwan
- Videocon Industries ltd - India
- Attock Cement Pakistan Limited
- Goldman Sachs - Singapore
- Xindia Steels Limited - India
- Central Electricity Authority - India
- Wood Mackenzie - Singapore
- Bhoruka Overseas - Indonesia
- Mercuria Energy - Indonesia
- Indonesian Coal Mining Association
- Global Coal Blending Company Limited - Australia
- Mjunction Services Limited - India
- Directorate Of Revenue Intelligence - India
- SMG Consultants - Indonesia
- CNBM International Corporation - China
- Samtan Co., Ltd - South Korea
- GN Power Mariveles Coal Plant, Philippines
- Intertek Mineral Services - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Interocean Group of Companies - India
- Eastern Coal Council - USA
- Indika Energy - Indonesia
- Pendopo Energi Batubara - Indonesia
- MS Steel International - UAE
- Medco Energi Mining Internasional
- Altura Mining Limited, Indonesia
- Sindya Power Generating Company Private Ltd
- VISA Power Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Formosa Plastics Group - Taiwan
- Aditya Birla Group - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Bank of Tokyo Mitsubishi UFJ Ltd
- White Energy Company Limited
- Bukit Baiduri Energy - Indonesia
- Central Java Power - Indonesia
- Timah Investasi Mineral - Indoneisa
- Kalimantan Lumbung Energi - Indonesia
- Price Waterhouse Coopers - Russia
- Sree Jayajothi Cements Limited - India
- Chettinad Cement Corporation Ltd - India
- Kepco SPC Power Corporation, Philippines
- IHS Mccloskey Coal Group - USA
- Jindal Steel & Power Ltd - India
- Electricity Authority, New Zealand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Ind-Barath Power Infra Limited - India
- Siam City Cement PLC, Thailand
- CIMB Investment Bank - Malaysia
- Alfred C Toepfer International GmbH - Germany
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Meralco Power Generation, Philippines
- Indian Oil Corporation Limited
- GMR Energy Limited - India
- Ceylon Electricity Board - Sri Lanka
- London Commodity Brokers - England
- Bhushan Steel Limited - India
- Latin American Coal - Colombia
- Kaltim Prima Coal - Indonesia
- Dalmia Cement Bharat India
- Merrill Lynch Commodities Europe
- Malabar Cements Ltd - India
- Grasim Industreis Ltd - India
- Uttam Galva Steels Limited - India
- Indogreen Group - Indonesia
- Independent Power Producers Association of India
- Binh Thuan Hamico - Vietnam
- New Zealand Coal & Carbon
- Metalloyd Limited - United Kingdom
- Kideco Jaya Agung - Indonesia
- South Luzon Thermal Energy Corporation
- Energy Development Corp, Philippines
- Miang Besar Coal Terminal - Indonesia
- Thiess Contractors Indonesia
- PowerSource Philippines DevCo
- IEA Clean Coal Centre - UK
- Baramulti Group, Indonesia
- TeaM Sual Corporation - Philippines
- Coal and Oil Company - UAE
- Aboitiz Power Corporation - Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Star Paper Mills Limited - India
- Leighton Contractors Pty Ltd - Australia
- Ambuja Cements Ltd - India
- Banpu Public Company Limited - Thailand
- Port Waratah Coal Services - Australia
- Tamil Nadu electricity Board
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Iligan Light & Power Inc, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Agrawal Coal Company - India
- Kohat Cement Company Ltd. - Pakistan
- Larsen & Toubro Limited - India
- Kartika Selabumi Mining - Indonesia
- Lanco Infratech Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Gujarat Mineral Development Corp Ltd - India
- Economic Council, Georgia
- Deloitte Consulting - India
- Krishnapatnam Port Company Ltd. - India
- Posco Energy - South Korea
- AsiaOL BioFuels Corp., Philippines
- Salva Resources Pvt Ltd - India
- Borneo Indobara - Indonesia
- Meenaskhi Energy Private Limited - India
- Simpson Spence & Young - Indonesia
- India Bulls Power Limited - India
- Bayan Resources Tbk. - Indonesia
- Gujarat Sidhee Cement - India
- Marubeni Corporation - India
- Billiton Holdings Pty Ltd - Australia
- Semirara Mining Corp, Philippines
- Rio Tinto Coal - Australia
- Pipit Mutiara Jaya. PT, Indonesia
- Australian Commodity Traders Exchange
- Eastern Energy - Thailand
- Therma Luzon, Inc, Philippines
- Coalindo Energy - Indonesia
- Wilmar Investment Holdings
- Kobexindo Tractors - Indoneisa
- Heidelberg Cement - Germany
- Planning Commission, India
- Orica Australia Pty. Ltd.
- Edison Trading Spa - Italy
- PTC India Limited - India
- Commonwealth Bank - Australia
- Coastal Gujarat Power Limited - India
- SN Aboitiz Power Inc, Philippines
- Madhucon Powers Ltd - India
- Karbindo Abesyapradhi - Indoneisa
- ICICI Bank Limited - India
- Bulk Trading Sa - Switzerland
- Savvy Resources Ltd - HongKong
- Minerals Council of Australia
- San Jose City I Power Corp, Philippines
- Vizag Seaport Private Limited - India
- Anglo American - United Kingdom
- Mercator Lines Limited - India
- Bharathi Cement Corporation - India
- Renaissance Capital - South Africa
- Carbofer General Trading SA - India
- Indian Energy Exchange, India
- Georgia Ports Authority, United States
- GAC Shipping (India) Pvt Ltd
- OPG Power Generation Pvt Ltd - India
- Antam Resourcindo - Indonesia
- PNOC Exploration Corporation - Philippines
- Manunggal Multi Energi - Indonesia
- Energy Link Ltd, New Zealand
- Indo Tambangraya Megah - Indonesia
- European Bulk Services B.V. - Netherlands
- Chamber of Mines of South Africa
- Essar Steel Hazira Ltd - India
- Bukit Asam (Persero) Tbk - Indonesia
- Kumho Petrochemical, South Korea
- Toyota Tsusho Corporation, Japan
- Makarim & Taira - Indonesia
- Standard Chartered Bank - UAE
- Sakthi Sugars Limited - India
- ASAPP Information Group - India
- Rashtriya Ispat Nigam Limited - India
- Australian Coal Association
- Barasentosa Lestari - Indonesia
- Jorong Barutama Greston.PT - Indonesia
- Sojitz Corporation - Japan
- Straits Asia Resources Limited - Singapore
- Global Green Power PLC Corporation, Philippines
- Jaiprakash Power Ventures ltd
- Mintek Dendrill Indonesia
- McConnell Dowell - Australia
- Ministry of Mines - Canada
- Sinarmas Energy and Mining - Indonesia
- Parliament of New Zealand
- Globalindo Alam Lestari - Indonesia
- Semirara Mining and Power Corporation, Philippines
- Sarangani Energy Corporation, Philippines
- Thai Mozambique Logistica
- Parry Sugars Refinery, India
- Maheswari Brothers Coal Limited - India
- Bukit Makmur.PT - Indonesia
- Bahari Cakrawala Sebuku - Indonesia
- TNB Fuel Sdn Bhd - Malaysia
- Bangladesh Power Developement Board
- The University of Queensland
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Cement Manufacturers Association - India
- International Coal Ventures Pvt Ltd - India
- Asmin Koalindo Tuhup - Indonesia
- GVK Power & Infra Limited - India
- Ministry of Finance - Indonesia
- Sical Logistics Limited - India
- SMC Global Power, Philippines
- Karaikal Port Pvt Ltd - India
- Global Business Power Corporation, Philippines
- The State Trading Corporation of India Ltd
- Neyveli Lignite Corporation Ltd, - India
- Petron Corporation, Philippines
- Riau Bara Harum - Indonesia
- Orica Mining Services - Indonesia
- Tata Chemicals Ltd - India
- Power Finance Corporation Ltd., India
- Singapore Mercantile Exchange
- Kapuas Tunggal Persada - Indonesia
- Oldendorff Carriers - Singapore
- PetroVietnam Power Coal Import and Supply Company
- Cigading International Bulk Terminal - Indonesia
- LBH Netherlands Bv - Netherlands
- Siam City Cement - Thailand
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