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Wednesday, 27 November 13
SHIP OWNERS ONCE AGAIN TURN TO DRY BULK CARRIERS - NIKOS ROUSSANOGLOU, HELLENIC SHIPPING
Ship owners once again turned to more dry bulk carrier ordering over the course of the past week, as more and more appear convinced of the industry's long term prospects. In total, shipbrokers reported a total of 77 new orders for ships with an aggregate carrying capacity of 8,080,772 tons, out of which, 44 transactions were reported at an undisclosed price. According to Piraeus-based shipbroker Golden Destiny, the total amount invested stood at $1.5 billion for 33 new orders (involving many vessels each).
The shipbroker noted that out of the 77 new vessels ordered, 37 were dry bulk carriers, 14 were tankers, 6 were container ships, 2 were car carriers, 3 were gas tankers, while the remaining 15 were special projects. In total, the weekly newbuilding activity was 57% higher than last week and a rather impressive 83% up over the similar week of last year. According to Golden Destiny, "the largest volume of newbuilding activity is reported in bulk carrier segment with focus in ultramax/kamsarmax/capesize vessels and VLCC tankers. Orders for bulk carriers and tankers held 48% and 18% share respectively of this week’s ordering activity; special projects follow with 19% share and containers with 8% share", said Golden Destiny.
It added that "at a similar week in 2012, 42 fresh orders had been reported with zero reported business for tankers (9 bulkers, 6 gas tankers, 3 containers, 2 car carriers and 22 special projects). Compared with previous week’s levels, a large increase of 61% is recorded in the volume of new orders for bulkers (37 new orders from 23 last week). In the tanker segment, there is a 13% weekly decline with 14 new orders from 16 last week. In the offshore segment, there is 200% weekly increase with 15 new orders from 5 last week and high valued contracts for jack up drilling rigs.
In a separate report, Clarkson Hellas noted on the dry bulk ordergin activity that "Singapore based Cara Shipping have ordered two firm plus two option 250,000 DWT VLOCs at Beihai Shipyard for delivery in 2016. Pricing is in the region of low USD 60 Mill. At Nantong Cosco KHI (NACKS), four firm 209,000 DWT Newcastlemax has been ordered by two separate Buyers; Foremost Maritime and Winning Shipping, with delivery in 2016 and pricing circa USD 58 Mill. In the smaller sizes China Navigation (CNCo) have declared their options for four 39,250 DWT Handysize bulkers at Zhejiang Ouhua with delivery in 2016. Kouan Shipbuilding in China also received orders for seven firm plus three option 38,500 DWT
Handysize from Marine Capital. Price level is understood to be around in USD 27 Mill and deliveries are split between 2016 and 2017".
It added that there was "limited ordering in the container market with just one order to report from Ciner Denizcilik Sanayi vet Ticaret A.S. for four firm 9,040 TEU container carriers to be built at Hanjin’s Subic facility in the Philippines with delivery in 2015 for three units and 2016 for one. In other sectors Auto Marine Transport have declared the options for four 6,700 unit PCTCs at Samjin Weihai with delivery in 2015", Clarkson Hellas notedd.
More specifically on the dry bulk side, Golden Destiny reported 6 new Capesize orders:
1 new order of 205,000dwt from Oldendorff Carriers of Germany at Hyundai HI of South Korea at an undisclosed contract price with delivery in 05/2015.
2 new orders of 205,000dwt from Winning Shipping of Hong-Kong at Nantong Cosco of China for about $58mil each with delivery in 2016.
3 new orders of 180,000dwt from Scorpio Bulkers of Monaco at Daewoo Mangalia of Romania for about $54mil each with delivery in the 4Q 2015 and 1Q 2016.
Similarly, on the Kamsarmax class, there were 10 new orders: 2 new orders of 82,000dwt from Panacore of UAE at Guangzhou Longxue of China for about $27mil each with delivery in 05/2014 and 08/2014. 2 new orders of 82,000dwt from Qingdao Da Tong Int. of China at Jinling of China at an undisclosed contract price with delivery in 04/2017 and 06/2017. 2 new orders of 82,000dwt from Rizhao Steel of China at Jinling of China at an undisclosed contract price with delivery in 07/2015 and 09/2015. 2 new orders of 82,000dwt from Soloi Inc. of Greece at Jinling of China at an undisclosed contract price with delivery in 10/2016 and 12/2016. 2 new orders of 82,000dwt from Thorvald Klaveness of Norway at Yangzijiang of China at an undisclosed contract price with undisclosed delivery.
Source: Nikos Roussanoglou, Hellenic Shipping News
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Friday, 15 November 13
TAIWAN'S PLASTICS GROUP FORMOSA TO IMPORT 1.37 MILLION TONS OF COAL FOR Q1' 14
COALspot.com: Taiwan's Formosa Plastics Group is inviting bids for total 1.37 million mt of coal for 1Q’ 14 for its various plants in Taiwan, ...
Thursday, 14 November 13
KOMIPO TO BUY 270K MT OF SUB-BITUMINOUS COAL FOR Q2' 14
COALspot.com : Korea Midland Power Co., Ltd. has invited bids through International Open Bidding for 140,000 Metric Tons (MT) of sub-bituminous coal ...
Thursday, 14 November 13
PANAMAX : MARKET SHOULD BE AROUND USD 11500 FOR 1 YEAR - FEARNLEYS AS
Handy
The Atlantic market has picked up this week with prompt ships able USG for November dates coming off and chrts need to pay up in order to cov ...
Wednesday, 13 November 13
Y'14 SUB-BIT INDO COAL SWAP MOVING AT SNAIL-SPEED
COALspot.com – Sub-Bit Indonesia coal swap (FOB ) for average Q1’2014 delivery gained 2.95 percept month on month on Friday ...
Wednesday, 13 November 13
Q3' 14 CFR SOUTH CHINA COAL SWAPS CLOSED HIGHER THAN Q1' 14 PRICES
COALspot.com : API 8 CFR South China Coal swaps for average Q1 14 delivery gained 0.55 percept W-W on Friday 8 November 2013. The CFR South China Co ...
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Showing 4011 to 4015 news of total 6871 |
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- CNBM International Corporation - China
- Energy Development Corp, Philippines
- Central Java Power - Indonesia
- Trasteel International SA, Italy
- European Bulk Services B.V. - Netherlands
- Indian Energy Exchange, India
- Oldendorff Carriers - Singapore
- AsiaOL BioFuels Corp., Philippines
- Pendopo Energi Batubara - Indonesia
- Simpson Spence & Young - Indonesia
- Directorate General of MIneral and Coal - Indonesia
- Ind-Barath Power Infra Limited - India
- Baramulti Group, Indonesia
- Aditya Birla Group - India
- Globalindo Alam Lestari - Indonesia
- Australian Commodity Traders Exchange
- Essar Steel Hazira Ltd - India
- Australian Coal Association
- GMR Energy Limited - India
- Sree Jayajothi Cements Limited - India
- Semirara Mining and Power Corporation, Philippines
- Indogreen Group - Indonesia
- Mintek Dendrill Indonesia
- Mercuria Energy - Indonesia
- Uttam Galva Steels Limited - India
- Mjunction Services Limited - India
- Indonesian Coal Mining Association
- Siam City Cement PLC, Thailand
- TeaM Sual Corporation - Philippines
- Asmin Koalindo Tuhup - Indonesia
- Tamil Nadu electricity Board
- SMC Global Power, Philippines
- Bhushan Steel Limited - India
- Ceylon Electricity Board - Sri Lanka
- Medco Energi Mining Internasional
- Videocon Industries ltd - India
- Africa Commodities Group - South Africa
- Intertek Mineral Services - Indonesia
- Vizag Seaport Private Limited - India
- GAC Shipping (India) Pvt Ltd
- Bharathi Cement Corporation - India
- Jorong Barutama Greston.PT - Indonesia
- Sindya Power Generating Company Private Ltd
- Posco Energy - South Korea
- Kumho Petrochemical, South Korea
- Economic Council, Georgia
- Petrochimia International Co. Ltd.- Taiwan
- PTC India Limited - India
- Grasim Industreis Ltd - India
- Aboitiz Power Corporation - Philippines
- The State Trading Corporation of India Ltd
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- International Coal Ventures Pvt Ltd - India
- New Zealand Coal & Carbon
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Cigading International Bulk Terminal - Indonesia
- Coalindo Energy - Indonesia
- Romanian Commodities Exchange
- IHS Mccloskey Coal Group - USA
- Meenaskhi Energy Private Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Salva Resources Pvt Ltd - India
- SMG Consultants - Indonesia
- Indika Energy - Indonesia
- Kapuas Tunggal Persada - Indonesia
- Straits Asia Resources Limited - Singapore
- Holcim Trading Pte Ltd - Singapore
- Xindia Steels Limited - India
- San Jose City I Power Corp, Philippines
- Larsen & Toubro Limited - India
- Chamber of Mines of South Africa
- Sojitz Corporation - Japan
- Formosa Plastics Group - Taiwan
- VISA Power Limited - India
- Latin American Coal - Colombia
- Electricity Generating Authority of Thailand
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Alfred C Toepfer International GmbH - Germany
- CIMB Investment Bank - Malaysia
- Coastal Gujarat Power Limited - India
- Orica Mining Services - Indonesia
- The University of Queensland
- Offshore Bulk Terminal Pte Ltd, Singapore
- Kobexindo Tractors - Indoneisa
- Ministry of Transport, Egypt
- Bayan Resources Tbk. - Indonesia
- Siam City Cement - Thailand
- Bhoruka Overseas - Indonesia
- Independent Power Producers Association of India
- PowerSource Philippines DevCo
- Savvy Resources Ltd - HongKong
- Sarangani Energy Corporation, Philippines
- Miang Besar Coal Terminal - Indonesia
- Riau Bara Harum - Indonesia
- Indian Oil Corporation Limited
- India Bulls Power Limited - India
- Borneo Indobara - Indonesia
- Interocean Group of Companies - India
- Binh Thuan Hamico - Vietnam
- Sinarmas Energy and Mining - Indonesia
- Barasentosa Lestari - Indonesia
- Energy Link Ltd, New Zealand
- Antam Resourcindo - Indonesia
- GN Power Mariveles Coal Plant, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Gujarat Electricity Regulatory Commission - India
- Leighton Contractors Pty Ltd - Australia
- Edison Trading Spa - Italy
- Attock Cement Pakistan Limited
- Directorate Of Revenue Intelligence - India
- Vedanta Resources Plc - India
- Heidelberg Cement - Germany
- Port Waratah Coal Services - Australia
- TNB Fuel Sdn Bhd - Malaysia
- MS Steel International - UAE
- Mercator Lines Limited - India
- Bukit Baiduri Energy - Indonesia
- Kartika Selabumi Mining - Indonesia
- Thai Mozambique Logistica
- Commonwealth Bank - Australia
- Central Electricity Authority - India
- Minerals Council of Australia
- Price Waterhouse Coopers - Russia
- Electricity Authority, New Zealand
- Maheswari Brothers Coal Limited - India
- Bhatia International Limited - India
- Jaiprakash Power Ventures ltd
- Marubeni Corporation - India
- Meralco Power Generation, Philippines
- ASAPP Information Group - India
- Wood Mackenzie - Singapore
- Gujarat Sidhee Cement - India
- Timah Investasi Mineral - Indoneisa
- Bank of Tokyo Mitsubishi UFJ Ltd
- Billiton Holdings Pty Ltd - Australia
- The Treasury - Australian Government
- Samtan Co., Ltd - South Korea
- Sical Logistics Limited - India
- Petron Corporation, Philippines
- Global Green Power PLC Corporation, Philippines
- Chettinad Cement Corporation Ltd - India
- Semirara Mining Corp, Philippines
- Global Coal Blending Company Limited - Australia
- Bulk Trading Sa - Switzerland
- Dalmia Cement Bharat India
- Agrawal Coal Company - India
- Metalloyd Limited - United Kingdom
- Jindal Steel & Power Ltd - India
- Planning Commission, India
- PetroVietnam Power Coal Import and Supply Company
- Bukit Makmur.PT - Indonesia
- Ministry of Finance - Indonesia
- Makarim & Taira - Indonesia
- Karaikal Port Pvt Ltd - India
- Orica Australia Pty. Ltd.
- Indo Tambangraya Megah - Indonesia
- Karbindo Abesyapradhi - Indoneisa
- Manunggal Multi Energi - Indonesia
- Tata Chemicals Ltd - India
- Bangladesh Power Developement Board
- OPG Power Generation Pvt Ltd - India
- Goldman Sachs - Singapore
- Carbofer General Trading SA - India
- London Commodity Brokers - England
- Madhucon Powers Ltd - India
- SN Aboitiz Power Inc, Philippines
- Renaissance Capital - South Africa
- GVK Power & Infra Limited - India
- Rio Tinto Coal - Australia
- Eastern Energy - Thailand
- McConnell Dowell - Australia
- Standard Chartered Bank - UAE
- Rashtriya Ispat Nigam Limited - India
- Iligan Light & Power Inc, Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Kalimantan Lumbung Energi - Indonesia
- Global Business Power Corporation, Philippines
- Eastern Coal Council - USA
- Ministry of Mines - Canada
- Krishnapatnam Port Company Ltd. - India
- Malabar Cements Ltd - India
- Anglo American - United Kingdom
- Bahari Cakrawala Sebuku - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Ambuja Cements Ltd - India
- White Energy Company Limited
- Maharashtra Electricity Regulatory Commission - India
- Gujarat Mineral Development Corp Ltd - India
- ICICI Bank Limited - India
- Thiess Contractors Indonesia
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Parliament of New Zealand
- Singapore Mercantile Exchange
- LBH Netherlands Bv - Netherlands
- Lanco Infratech Ltd - India
- Parry Sugars Refinery, India
- Kideco Jaya Agung - Indonesia
- Georgia Ports Authority, United States
- Star Paper Mills Limited - India
- IEA Clean Coal Centre - UK
- Kepco SPC Power Corporation, Philippines
- Kaltim Prima Coal - Indonesia
- Merrill Lynch Commodities Europe
- Cement Manufacturers Association - India
- Sakthi Sugars Limited - India
- Power Finance Corporation Ltd., India
- Coal and Oil Company - UAE
- Toyota Tsusho Corporation, Japan
- Neyveli Lignite Corporation Ltd, - India
- Bukit Asam (Persero) Tbk - Indonesia
- Deloitte Consulting - India
- Altura Mining Limited, Indonesia
- Wilmar Investment Holdings
- Therma Luzon, Inc, Philippines
- PNOC Exploration Corporation - Philippines
- Banpu Public Company Limited - Thailand
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