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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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Monday, 12 December 11
DRY BULK MARKET LOOKING FOR BALANCE AS WE ENTER 2012 - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
During the past few months, freight rates for dry bulk carriers, especially Capesizes have increased significantly, providing ship owners with a muc ...
Sunday, 11 December 11
THE PANAMAX INDEX ENDED ON POSITIVE DIRECTION - VISTAAR
COALspot.com - The BDI and Cape index continued the upward trend this week also with BDI up by 3.00 pct closing at 1,922 points and Cape index up by ...
Saturday, 10 December 11
MAHAKAM RIVER RESUMES COAL TRANSPORTATION
COALspot.com - East Kalimantan local government has resumed limited coal barging through Mahakam River after two weeks of suspension following the c ...
Friday, 09 December 11
DRY BULK MARKET REBOUNDS ON HEALTHIER DEMAND OUTLOOK - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
The dry bulk market edged forward yesterday, at the highest rate of the past couple of weeks, as a result of stonger iron ore demand, backed by lowe ...
Thursday, 08 December 11
INDIA MAY SEE 41% ANNUAL GROWTH OF ITS COAL DEMAND DURING THE NEXT 5 YEARS - ICAP SHIPPING
India’s Ministry of Coal expects that India’s coal demand may face an annual 41% rise during the next 5 years, while its coal deficit is ...
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- PTC India Limited - India
- Formosa Plastics Group - Taiwan
- Eastern Coal Council - USA
- PNOC Exploration Corporation - Philippines
- Wilmar Investment Holdings
- CNBM International Corporation - China
- MS Steel International - UAE
- Indo Tambangraya Megah - Indonesia
- Energy Link Ltd, New Zealand
- Ministry of Transport, Egypt
- Leighton Contractors Pty Ltd - Australia
- Bukit Baiduri Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Sindya Power Generating Company Private Ltd
- Malabar Cements Ltd - India
- Barasentosa Lestari - Indonesia
- Sojitz Corporation - Japan
- Videocon Industries ltd - India
- Kapuas Tunggal Persada - Indonesia
- Indika Energy - Indonesia
- Attock Cement Pakistan Limited
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Rashtriya Ispat Nigam Limited - India
- Bangladesh Power Developement Board
- India Bulls Power Limited - India
- Meralco Power Generation, Philippines
- Australian Coal Association
- Therma Luzon, Inc, Philippines
- Power Finance Corporation Ltd., India
- The Treasury - Australian Government
- IHS Mccloskey Coal Group - USA
- TNB Fuel Sdn Bhd - Malaysia
- GMR Energy Limited - India
- Baramulti Group, Indonesia
- Economic Council, Georgia
- Independent Power Producers Association of India
- South Luzon Thermal Energy Corporation
- Singapore Mercantile Exchange
- Samtan Co., Ltd - South Korea
- Electricity Authority, New Zealand
- Deloitte Consulting - India
- Xindia Steels Limited - India
- Chettinad Cement Corporation Ltd - India
- Star Paper Mills Limited - India
- Orica Australia Pty. Ltd.
- Interocean Group of Companies - India
- Kalimantan Lumbung Energi - Indonesia
- Tata Chemicals Ltd - India
- Romanian Commodities Exchange
- Holcim Trading Pte Ltd - Singapore
- Heidelberg Cement - Germany
- Sree Jayajothi Cements Limited - India
- Banpu Public Company Limited - Thailand
- Oldendorff Carriers - Singapore
- ASAPP Information Group - India
- LBH Netherlands Bv - Netherlands
- Miang Besar Coal Terminal - Indonesia
- Intertek Mineral Services - Indonesia
- Jaiprakash Power Ventures ltd
- Krishnapatnam Port Company Ltd. - India
- Planning Commission, India
- Price Waterhouse Coopers - Russia
- TeaM Sual Corporation - Philippines
- Parry Sugars Refinery, India
- Borneo Indobara - Indonesia
- Indonesian Coal Mining Association
- Jorong Barutama Greston.PT - Indonesia
- Indian Oil Corporation Limited
- Trasteel International SA, Italy
- Sical Logistics Limited - India
- Mintek Dendrill Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Chamber of Mines of South Africa
- Maharashtra Electricity Regulatory Commission - India
- Iligan Light & Power Inc, Philippines
- Kaltim Prima Coal - Indonesia
- Aboitiz Power Corporation - Philippines
- The State Trading Corporation of India Ltd
- Wood Mackenzie - Singapore
- Kumho Petrochemical, South Korea
- Merrill Lynch Commodities Europe
- Global Business Power Corporation, Philippines
- Bahari Cakrawala Sebuku - Indonesia
- Maheswari Brothers Coal Limited - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- IEA Clean Coal Centre - UK
- Vizag Seaport Private Limited - India
- Alfred C Toepfer International GmbH - Germany
- Mercator Lines Limited - India
- Semirara Mining Corp, Philippines
- Savvy Resources Ltd - HongKong
- Energy Development Corp, Philippines
- Larsen & Toubro Limited - India
- Pipit Mutiara Jaya. PT, Indonesia
- Karaikal Port Pvt Ltd - India
- Ministry of Finance - Indonesia
- Makarim & Taira - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Gujarat Sidhee Cement - India
- London Commodity Brokers - England
- Directorate Of Revenue Intelligence - India
- PowerSource Philippines DevCo
- Antam Resourcindo - Indonesia
- Port Waratah Coal Services - Australia
- Coalindo Energy - Indonesia
- Africa Commodities Group - South Africa
- Toyota Tsusho Corporation, Japan
- Dalmia Cement Bharat India
- Orica Mining Services - Indonesia
- Rio Tinto Coal - Australia
- Essar Steel Hazira Ltd - India
- GAC Shipping (India) Pvt Ltd
- International Coal Ventures Pvt Ltd - India
- Standard Chartered Bank - UAE
- Siam City Cement PLC, Thailand
- San Jose City I Power Corp, Philippines
- Sakthi Sugars Limited - India
- Kepco SPC Power Corporation, Philippines
- European Bulk Services B.V. - Netherlands
- Mercuria Energy - Indonesia
- Bhoruka Overseas - Indonesia
- The University of Queensland
- Straits Asia Resources Limited - Singapore
- ICICI Bank Limited - India
- New Zealand Coal & Carbon
- Gujarat Electricity Regulatory Commission - India
- Posco Energy - South Korea
- Australian Commodity Traders Exchange
- Central Java Power - Indonesia
- Mjunction Services Limited - India
- Altura Mining Limited, Indonesia
- Bulk Trading Sa - Switzerland
- Edison Trading Spa - Italy
- Global Green Power PLC Corporation, Philippines
- Offshore Bulk Terminal Pte Ltd, Singapore
- Salva Resources Pvt Ltd - India
- Gujarat Mineral Development Corp Ltd - India
- Kideco Jaya Agung - Indonesia
- Carbofer General Trading SA - India
- Thai Mozambique Logistica
- Globalindo Alam Lestari - Indonesia
- Minerals Council of Australia
- Simpson Spence & Young - Indonesia
- McConnell Dowell - Australia
- Timah Investasi Mineral - Indoneisa
- GVK Power & Infra Limited - India
- Cement Manufacturers Association - India
- GN Power Mariveles Coal Plant, Philippines
- Bayan Resources Tbk. - Indonesia
- Ceylon Electricity Board - Sri Lanka
- White Energy Company Limited
- Global Coal Blending Company Limited - Australia
- Anglo American - United Kingdom
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Kobexindo Tractors - Indoneisa
- Meenaskhi Energy Private Limited - India
- Indian Energy Exchange, India
- Eastern Energy - Thailand
- Ind-Barath Power Infra Limited - India
- Ministry of Mines - Canada
- CIMB Investment Bank - Malaysia
- VISA Power Limited - India
- Bhushan Steel Limited - India
- Tamil Nadu electricity Board
- Bharathi Cement Corporation - India
- Metalloyd Limited - United Kingdom
- Vijayanagar Sugar Pvt Ltd - India
- Latin American Coal - Colombia
- Neyveli Lignite Corporation Ltd, - India
- Directorate General of MIneral and Coal - Indonesia
- Uttam Galva Steels Limited - India
- Grasim Industreis Ltd - India
- OPG Power Generation Pvt Ltd - India
- Goldman Sachs - Singapore
- Manunggal Multi Energi - Indonesia
- Georgia Ports Authority, United States
- Sinarmas Energy and Mining - Indonesia
- Bukit Makmur.PT - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Riau Bara Harum - Indonesia
- SMC Global Power, Philippines
- Kartika Selabumi Mining - Indonesia
- Medco Energi Mining Internasional
- Aditya Birla Group - India
- Madhucon Powers Ltd - India
- Marubeni Corporation - India
- Indogreen Group - Indonesia
- Agrawal Coal Company - India
- Cigading International Bulk Terminal - Indonesia
- Bank of Tokyo Mitsubishi UFJ Ltd
- Central Electricity Authority - India
- Billiton Holdings Pty Ltd - Australia
- Ambuja Cements Ltd - India
- Renaissance Capital - South Africa
- Parliament of New Zealand
- Commonwealth Bank - Australia
- Sarangani Energy Corporation, Philippines
- Vedanta Resources Plc - India
- Coastal Gujarat Power Limited - India
- Semirara Mining and Power Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Jindal Steel & Power Ltd - India
- Pendopo Energi Batubara - Indonesia
- Thiess Contractors Indonesia
- Lanco Infratech Ltd - India
- Kohat Cement Company Ltd. - Pakistan
- SN Aboitiz Power Inc, Philippines
- Bhatia International Limited - India
- Electricity Generating Authority of Thailand
- SMG Consultants - Indonesia
- Petron Corporation, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- PetroVietnam Power Coal Import and Supply Company
- Binh Thuan Hamico - Vietnam
- Siam City Cement - Thailand
- Coal and Oil Company - UAE
- Asmin Koalindo Tuhup - Indonesia
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