We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Tuesday, 30 October 12
NEW BUILDING ORDERING ACTIVITY KEEPS ON RETREATING - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
 Ship owners have refrained from placing any new orders of vessels during the course of the past few days, according to shipbroker reports. According to Clarkson Hellas, "it has been a particularly quiet week this week in the Newbuilding market and for one of the few times this year we have witnessed no new reports of business being concluded at any of the major shipyards, at least within the conventional sectors. Despite this temporary lull in contracting activity, the market has continued to remain somewhat active with enquiries still being made across a variety of sectors ‐ in particular within the Dry and Container markets. Despite the continued challenging circumstances within the global shipping markets, the continued availability of competitively priced Newbuilding capacity, itself focused around the latest efficient designs, continues to generate interest amongst owners in the yards latest offerings.
This has in particular been witnessed, at least in recent weeks, with orders for efficient Handysize & Kamsarmax Bulk carriers, as well as smaller feeder containerships in China and it should be expected that further similar orders will surface over the coming weeks as more owners take advantage of the continued potential availability of Newbuilding capacity" said the report.
It also mentioned that "the additional challenge for the yards this year within the Newbuilding market, has been that of the availability of resale tonnage. This continued availability of distressed/resale tonnage within the market and the subsequent disparity in pricing between these vessels and potential newbuilding has certainly acted as somewhat of an additional obstacle to further ordering, despite the depressed earnings amongst vessels over the last few months. That being said however, with the differential in performance and efficiencies between the existing fleet and the latest generation of designs continuing to grow, we do not expect this will continue to be the case" Clarkson Hellas concluded.
Meanwhile, in the sale and purchasing activity front, the shipbroker noted that "this week has seen activity in the 1990s built age group continue strongly. Undisclosed Greek interests are understood to be behind the purchase of the M/V MATILDE (160,013 dwt 1997 blt Hyundai) at around US$ 12-12.5m and M/V RUBIN ACE (151,279 dwt 1996 blt NKK) for region US$ 10-10.5m. Elsewhere in this age group; German owners are understood to have committed the M/V POWHATAN (70,153 dwt 1995 blt Sumitomo) to undisclosed interests for a level of circa US$ 7m. The Handymax M/V SUNNY GLORIA (45,715 dwt 1998 blt Tsuneishi) reported sold at US$ 9.5m to Bangladeshi buyers while the Japanese-built handy M/V C. S. VICTORY (32,385 dwt 2003 blt Kanda) was sold for about US$ 10.9m.
It was a quiet week for the Tanker S+P market. The VLCC M/T ALGARVE (298,969 dwt 1999 blt Daewoo) reported sold to offshore buyers MODEC at region US$ 35.8m for conversion to a FPSO. It must be noted that this sale was concluded few months ago basis long subjects. In the products sector, Clients of d'Amico have sold the IMO II/III M/T HIGH WIND (46,471 dwt 1999 blt Daedong) to Sinoenergy at US$ 12.2m" the shipbroker concluded.
In a separate note, Lion shipbrokers added that "on the dry-bulk side, we understand that Japanese controlled cape RUBIN ACE (151K BLT 1996 NKK/JAPAN LDT 17757) was sold on private basis to clients of N.G. Moundreas of Greece for $10.5 mill. Late nineties panamax CEMTEX RENAISSANCE (71K BLT 1998 HITACHI/JAPAN) is committed for a soft $8.7 mill to undisclosed interests. Bangladeshi buyers are linked with purchases of two handymaxes this week at firm levels; Japanese controlled SUNNY GLORIA (45K BLT 1998 THUNEISHI/JAPAN) attracted a punchy $9.4 – $9.7 mill from clients of Symphony while older unit ROGUE (42K BLT 1991 OSHIMA/JAPAN LDT 6531) fetched the solid price of $5.8 mill.
We picked up that Greek buyers have bought 5 year old handy CLIPPER GLORY (30.5K BLT 2007 SHANGHAIGUAN/CHINA CR 4X30T) for high $11 mill. Remind you that her exact sister CLIPPER GRACE was reported sold one month ago for $11.3 mill also to Greeks. Japanese controlled C. S. VICTORY (32K BLT 2003 KANDA/JAPAN) is sold for $10.8 - $11 mill to Greek buyers, same level with end August’ sale of one year older sister IVS KESTREL (32K BLT 2002 KANDA/JAPAN) for $10.8 - $11 mill to Far Eastern buyers. Vintage handy ROYAL RUBY (27K BLT 1985 MITSUI/JAPAN LDT 5672) achieved the price of $2.8 - $2.9 mill by Chinese interests as well as smaller handy TASMAN ID (21K BLT 1994 SAIKI/JAPAN LDT 5204) for $4.5-4.9 mill" Lion noted among others.
Source: Nikos Roussanoglou, Hellenic Shipping News
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Thursday, 01 November 12
SOUTH KOREAN POWER UTILITY EWP TO PURCHASE 670,000 MT OF COAL FOR JAN - FEB 2013 DELIVERY
COALspot.com: Korea East-West Power Co. Ltd. on behalf of Korea South-East Power Co. Ltd., Korea Southern Power Co. Ltd., Korea Midland Power Co. Lt ...
Thursday, 01 November 12
KOMIPO LOOKING FOR 440,000 MT OF 4600 KCAL/KG NAR COAL FOR BORYEONG POWER PLANT
COALspot.com - Korea Midland Power Co. Ltd.(KOMIPO) is inviting bids from coal producers, marketing companies or traders to supply of 440,000 Metric ...
Thursday, 01 November 12
CAPESIZE RATES FALL, DRY BULK MARKET RETREATS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING NEWS
It was another lackluster session yesterday in the dry bulk markets, with the industry's benchmark, the BDI (Baltic Dry Index) retreating by 1.63 p ...
Thursday, 01 November 12
HANDY : WCI-CHINA RATES ARE AT AROUND USD 5,000 AND ECI-CHINA AROUND USD 4000 - FEARNLEYS AS
Handy
The Atlantic market remains quiet due to a lack of cargoes and an increased supply of ships. Rates from the Continent to east Med were around ...
Tuesday, 30 October 12
COAL PRODUCTION TO RISE BY FIVE PERCENT IN 2013 - TEMPO INTERACTIVE
TEMPO Interactive reported that, Indonesian Coal Mining Association (APBI) chairman Bob Kamandanu has estimated that Indonesian coal production will ...
|
|
|
Showing 4521 to 4525 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Latin American Coal - Colombia
- MS Steel International - UAE
- Coalindo Energy - Indonesia
- Orica Australia Pty. Ltd.
- Kapuas Tunggal Persada - Indonesia
- Chamber of Mines of South Africa
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Posco Energy - South Korea
- Pipit Mutiara Jaya. PT, Indonesia
- Leighton Contractors Pty Ltd - Australia
- Global Coal Blending Company Limited - Australia
- Coal and Oil Company - UAE
- Goldman Sachs - Singapore
- Petron Corporation, Philippines
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kepco SPC Power Corporation, Philippines
- Bhushan Steel Limited - India
- Sinarmas Energy and Mining - Indonesia
- San Jose City I Power Corp, Philippines
- Global Green Power PLC Corporation, Philippines
- Anglo American - United Kingdom
- Directorate General of MIneral and Coal - Indonesia
- New Zealand Coal & Carbon
- Thiess Contractors Indonesia
- Bukit Baiduri Energy - Indonesia
- The Treasury - Australian Government
- Rashtriya Ispat Nigam Limited - India
- PetroVietnam Power Coal Import and Supply Company
- Manunggal Multi Energi - Indonesia
- Energy Link Ltd, New Zealand
- Kartika Selabumi Mining - Indonesia
- Xindia Steels Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- Timah Investasi Mineral - Indoneisa
- European Bulk Services B.V. - Netherlands
- Semirara Mining and Power Corporation, Philippines
- Edison Trading Spa - Italy
- Sree Jayajothi Cements Limited - India
- Singapore Mercantile Exchange
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Alfred C Toepfer International GmbH - Germany
- Heidelberg Cement - Germany
- Aditya Birla Group - India
- Power Finance Corporation Ltd., India
- Orica Mining Services - Indonesia
- Barasentosa Lestari - Indonesia
- Dalmia Cement Bharat India
- Indian Energy Exchange, India
- CNBM International Corporation - China
- Kobexindo Tractors - Indoneisa
- London Commodity Brokers - England
- Bhatia International Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Energy Development Corp, Philippines
- Globalindo Alam Lestari - Indonesia
- Renaissance Capital - South Africa
- South Luzon Thermal Energy Corporation
- Africa Commodities Group - South Africa
- Cement Manufacturers Association - India
- SN Aboitiz Power Inc, Philippines
- Mercuria Energy - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Lanco Infratech Ltd - India
- Malabar Cements Ltd - India
- Wood Mackenzie - Singapore
- Central Java Power - Indonesia
- LBH Netherlands Bv - Netherlands
- Maharashtra Electricity Regulatory Commission - India
- Eastern Coal Council - USA
- Bayan Resources Tbk. - Indonesia
- Indogreen Group - Indonesia
- Samtan Co., Ltd - South Korea
- SMG Consultants - Indonesia
- Therma Luzon, Inc, Philippines
- Kumho Petrochemical, South Korea
- Indian Oil Corporation Limited
- Vizag Seaport Private Limited - India
- Aboitiz Power Corporation - Philippines
- Ind-Barath Power Infra Limited - India
- Baramulti Group, Indonesia
- Grasim Industreis Ltd - India
- Price Waterhouse Coopers - Russia
- Merrill Lynch Commodities Europe
- Bukit Makmur.PT - Indonesia
- Mintek Dendrill Indonesia
- AsiaOL BioFuels Corp., Philippines
- Formosa Plastics Group - Taiwan
- McConnell Dowell - Australia
- Mercator Lines Limited - India
- Sical Logistics Limited - India
- Romanian Commodities Exchange
- Central Electricity Authority - India
- CIMB Investment Bank - Malaysia
- Bulk Trading Sa - Switzerland
- Siam City Cement - Thailand
- Commonwealth Bank - Australia
- White Energy Company Limited
- Parry Sugars Refinery, India
- Deloitte Consulting - India
- Electricity Authority, New Zealand
- TeaM Sual Corporation - Philippines
- Siam City Cement PLC, Thailand
- Australian Commodity Traders Exchange
- Georgia Ports Authority, United States
- Indika Energy - Indonesia
- Jaiprakash Power Ventures ltd
- Oldendorff Carriers - Singapore
- Cigading International Bulk Terminal - Indonesia
- Antam Resourcindo - Indonesia
- The State Trading Corporation of India Ltd
- TNB Fuel Sdn Bhd - Malaysia
- ASAPP Information Group - India
- Videocon Industries ltd - India
- ICICI Bank Limited - India
- Karaikal Port Pvt Ltd - India
- Bangladesh Power Developement Board
- Semirara Mining Corp, Philippines
- Ambuja Cements Ltd - India
- Petrochimia International Co. Ltd.- Taiwan
- Karbindo Abesyapradhi - Indoneisa
- Neyveli Lignite Corporation Ltd, - India
- Planning Commission, India
- Coastal Gujarat Power Limited - India
- Attock Cement Pakistan Limited
- Savvy Resources Ltd - HongKong
- Sojitz Corporation - Japan
- Bahari Cakrawala Sebuku - Indonesia
- Gujarat Mineral Development Corp Ltd - India
- Metalloyd Limited - United Kingdom
- Banpu Public Company Limited - Thailand
- Jindal Steel & Power Ltd - India
- Rio Tinto Coal - Australia
- Krishnapatnam Port Company Ltd. - India
- Tamil Nadu electricity Board
- Bank of Tokyo Mitsubishi UFJ Ltd
- Chettinad Cement Corporation Ltd - India
- IHS Mccloskey Coal Group - USA
- Altura Mining Limited, Indonesia
- IEA Clean Coal Centre - UK
- PTC India Limited - India
- Madhucon Powers Ltd - India
- Ministry of Transport, Egypt
- Kohat Cement Company Ltd. - Pakistan
- Australian Coal Association
- Riau Bara Harum - Indonesia
- Uttam Galva Steels Limited - India
- Simpson Spence & Young - Indonesia
- Directorate Of Revenue Intelligence - India
- Carbofer General Trading SA - India
- Essar Steel Hazira Ltd - India
- International Coal Ventures Pvt Ltd - India
- Kideco Jaya Agung - Indonesia
- Port Waratah Coal Services - Australia
- Kalimantan Lumbung Energi - Indonesia
- GAC Shipping (India) Pvt Ltd
- PNOC Exploration Corporation - Philippines
- Indo Tambangraya Megah - Indonesia
- Sarangani Energy Corporation, Philippines
- Bukit Asam (Persero) Tbk - Indonesia
- Sakthi Sugars Limited - India
- Straits Asia Resources Limited - Singapore
- Bhoruka Overseas - Indonesia
- Borneo Indobara - Indonesia
- VISA Power Limited - India
- Iligan Light & Power Inc, Philippines
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- GVK Power & Infra Limited - India
- Asmin Koalindo Tuhup - Indonesia
- Toyota Tsusho Corporation, Japan
- Binh Thuan Hamico - Vietnam
- Economic Council, Georgia
- Billiton Holdings Pty Ltd - Australia
- Tata Chemicals Ltd - India
- Intertek Mineral Services - Indonesia
- India Bulls Power Limited - India
- Independent Power Producers Association of India
- Bharathi Cement Corporation - India
- Eastern Energy - Thailand
- Pendopo Energi Batubara - Indonesia
- SMC Global Power, Philippines
- Kaltim Prima Coal - Indonesia
- Larsen & Toubro Limited - India
- Holcim Trading Pte Ltd - Singapore
- GN Power Mariveles Coal Plant, Philippines
- Maheswari Brothers Coal Limited - India
- The University of Queensland
- Medco Energi Mining Internasional
- OPG Power Generation Pvt Ltd - India
- Global Business Power Corporation, Philippines
- Agrawal Coal Company - India
- Indonesian Coal Mining Association
- Sindya Power Generating Company Private Ltd
- Gujarat Sidhee Cement - India
- Miang Besar Coal Terminal - Indonesia
- Minerals Council of Australia
- Marubeni Corporation - India
- PowerSource Philippines DevCo
- Ministry of Finance - Indonesia
- Star Paper Mills Limited - India
- Vedanta Resources Plc - India
- Electricity Generating Authority of Thailand
- Meralco Power Generation, Philippines
- Ceylon Electricity Board - Sri Lanka
- Thai Mozambique Logistica
- Standard Chartered Bank - UAE
- Trasteel International SA, Italy
- Offshore Bulk Terminal Pte Ltd, Singapore
- Wilmar Investment Holdings
- GMR Energy Limited - India
- Salva Resources Pvt Ltd - India
- Mjunction Services Limited - India
- Ministry of Mines - Canada
- Parliament of New Zealand
- Makarim & Taira - Indonesia
- Meenaskhi Energy Private Limited - India
- Interocean Group of Companies - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
|
| |
| |
|
