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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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Wednesday, 09 October 13
PANAMAX: FIRM ; FIXING ACTIVITY INCREASED IN BOTH BASINS - INTERMODAL
This was another week of gains for the Dry Bulk market, albeit very modest ones compared to the previous ones. Charterers and owners struggled for t ...
Tuesday, 08 October 13
CHINA: INTENSE COMPETITION AMONG DOMESTIC COAL MINERS AS 2013 IMPORT DEMAND REMAINS STRONG - WOOD MACKENZIE
Prices will not fall under RMB500/t or risk supply availability to the coastal market
Despite China's lower economic growth, Wood Mackenzie says ...
Monday, 07 October 13
RICHARD BAY COAL TERMINAL SHIPPED 49.94 MMT OF COAL YTD
COALspot.com - Richards Bay Coal Terminal (RBCT), the world's single largest coal terminal has shipped 49,946,509 mt of coals YTD, according to por ...
Monday, 07 October 13
SOUTH AFRICA'S RBCT SHIPPED 7.94% MORE COAL IN SEPT' 13
COALspot.com - Richards Bay Coal Terminal (RBCT), the single largest coal export terminal in South Africa as well as in the world has shipped 7.94 p ...
Monday, 07 October 13
SGX - CFR SOUTH CHINA COAL SWAPS END ALMOST FLAT
COALspot.com : SGX has launched API 8 CFR South China Coal Swap on 29 April 2013 and SGX replaced the previous swap.
API 8 CFR South China Coal s ...
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- Carbofer General Trading SA - India
- IEA Clean Coal Centre - UK
- Banpu Public Company Limited - Thailand
- Siam City Cement PLC, Thailand
- Bhushan Steel Limited - India
- Attock Cement Pakistan Limited
- PetroVietnam Power Coal Import and Supply Company
- CNBM International Corporation - China
- The University of Queensland
- Global Coal Blending Company Limited - Australia
- GN Power Mariveles Coal Plant, Philippines
- India Bulls Power Limited - India
- The State Trading Corporation of India Ltd
- Ind-Barath Power Infra Limited - India
- Dalmia Cement Bharat India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- London Commodity Brokers - England
- Indogreen Group - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Jindal Steel & Power Ltd - India
- Sical Logistics Limited - India
- PowerSource Philippines DevCo
- Ceylon Electricity Board - Sri Lanka
- Manunggal Multi Energi - Indonesia
- Orica Australia Pty. Ltd.
- Australian Coal Association
- Deloitte Consulting - India
- Barasentosa Lestari - Indonesia
- Chamber of Mines of South Africa
- Singapore Mercantile Exchange
- Anglo American - United Kingdom
- Karbindo Abesyapradhi - Indoneisa
- The Treasury - Australian Government
- TNB Fuel Sdn Bhd - Malaysia
- Agrawal Coal Company - India
- Ministry of Finance - Indonesia
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Kaltim Prima Coal - Indonesia
- Kartika Selabumi Mining - Indonesia
- Indonesian Coal Mining Association
- Medco Energi Mining Internasional
- Tamil Nadu electricity Board
- Indika Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- Standard Chartered Bank - UAE
- Wood Mackenzie - Singapore
- Bulk Trading Sa - Switzerland
- Jorong Barutama Greston.PT - Indonesia
- SMC Global Power, Philippines
- Indo Tambangraya Megah - Indonesia
- Maharashtra Electricity Regulatory Commission - India
- Bhoruka Overseas - Indonesia
- Intertek Mineral Services - Indonesia
- Energy Development Corp, Philippines
- Indian Energy Exchange, India
- Thiess Contractors Indonesia
- Power Finance Corporation Ltd., India
- GAC Shipping (India) Pvt Ltd
- Central Java Power - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Vizag Seaport Private Limited - India
- Meralco Power Generation, Philippines
- San Jose City I Power Corp, Philippines
- Therma Luzon, Inc, Philippines
- Electricity Authority, New Zealand
- Gujarat Sidhee Cement - India
- Rio Tinto Coal - Australia
- Borneo Indobara - Indonesia
- Billiton Holdings Pty Ltd - Australia
- Romanian Commodities Exchange
- Straits Asia Resources Limited - Singapore
- SN Aboitiz Power Inc, Philippines
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Petrochimia International Co. Ltd.- Taiwan
- Sojitz Corporation - Japan
- Madhucon Powers Ltd - India
- Parry Sugars Refinery, India
- Altura Mining Limited, Indonesia
- ASAPP Information Group - India
- Bukit Baiduri Energy - Indonesia
- Sakthi Sugars Limited - India
- Simpson Spence & Young - Indonesia
- Bhatia International Limited - India
- GVK Power & Infra Limited - India
- Sarangani Energy Corporation, Philippines
- Latin American Coal - Colombia
- Ministry of Transport, Egypt
- Price Waterhouse Coopers - Russia
- IHS Mccloskey Coal Group - USA
- Chettinad Cement Corporation Ltd - India
- Aboitiz Power Corporation - Philippines
- Pipit Mutiara Jaya. PT, Indonesia
- Central Electricity Authority - India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Coal and Oil Company - UAE
- Binh Thuan Hamico - Vietnam
- Lanco Infratech Ltd - India
- Parliament of New Zealand
- White Energy Company Limited
- Africa Commodities Group - South Africa
- Riau Bara Harum - Indonesia
- Kobexindo Tractors - Indoneisa
- Georgia Ports Authority, United States
- Port Waratah Coal Services - Australia
- Videocon Industries ltd - India
- Globalindo Alam Lestari - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- SMG Consultants - Indonesia
- Directorate Of Revenue Intelligence - India
- Uttam Galva Steels Limited - India
- Gujarat Mineral Development Corp Ltd - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Petron Corporation, Philippines
- Meenaskhi Energy Private Limited - India
- Sree Jayajothi Cements Limited - India
- ICICI Bank Limited - India
- Independent Power Producers Association of India
- CIMB Investment Bank - Malaysia
- Karaikal Port Pvt Ltd - India
- VISA Power Limited - India
- Semirara Mining and Power Corporation, Philippines
- GMR Energy Limited - India
- Iligan Light & Power Inc, Philippines
- Bayan Resources Tbk. - Indonesia
- Neyveli Lignite Corporation Ltd, - India
- Merrill Lynch Commodities Europe
- Gujarat Electricity Regulatory Commission - India
- Ambuja Cements Ltd - India
- Cigading International Bulk Terminal - Indonesia
- International Coal Ventures Pvt Ltd - India
- European Bulk Services B.V. - Netherlands
- OPG Power Generation Pvt Ltd - India
- Oldendorff Carriers - Singapore
- Essar Steel Hazira Ltd - India
- Eastern Coal Council - USA
- Metalloyd Limited - United Kingdom
- Vedanta Resources Plc - India
- Miang Besar Coal Terminal - Indonesia
- Tata Chemicals Ltd - India
- Xindia Steels Limited - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Coalindo Energy - Indonesia
- Edison Trading Spa - Italy
- PTC India Limited - India
- Kohat Cement Company Ltd. - Pakistan
- Renaissance Capital - South Africa
- Directorate General of MIneral and Coal - Indonesia
- Mintek Dendrill Indonesia
- Baramulti Group, Indonesia
- Alfred C Toepfer International GmbH - Germany
- Formosa Plastics Group - Taiwan
- Commonwealth Bank - Australia
- Mercator Lines Limited - India
- Minerals Council of Australia
- Bahari Cakrawala Sebuku - Indonesia
- Samtan Co., Ltd - South Korea
- Malabar Cements Ltd - India
- Ministry of Mines - Canada
- Eastern Energy - Thailand
- Jaiprakash Power Ventures ltd
- Global Green Power PLC Corporation, Philippines
- Posco Energy - South Korea
- TeaM Sual Corporation - Philippines
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Vijayanagar Sugar Pvt Ltd - India
- South Luzon Thermal Energy Corporation
- Electricity Generating Authority of Thailand
- Kalimantan Lumbung Energi - Indonesia
- Siam City Cement - Thailand
- Mercuria Energy - Indonesia
- Goldman Sachs - Singapore
- Maheswari Brothers Coal Limited - India
- Kumho Petrochemical, South Korea
- Leighton Contractors Pty Ltd - Australia
- Grasim Industreis Ltd - India
- Sinarmas Energy and Mining - Indonesia
- Trasteel International SA, Italy
- Toyota Tsusho Corporation, Japan
- McConnell Dowell - Australia
- Energy Link Ltd, New Zealand
- Australian Commodity Traders Exchange
- New Zealand Coal & Carbon
- Savvy Resources Ltd - HongKong
- Mjunction Services Limited - India
- Wilmar Investment Holdings
- Planning Commission, India
- Bukit Makmur.PT - Indonesia
- Global Business Power Corporation, Philippines
- Thai Mozambique Logistica
- Coastal Gujarat Power Limited - India
- Heidelberg Cement - Germany
- Kapuas Tunggal Persada - Indonesia
- MS Steel International - UAE
- Larsen & Toubro Limited - India
- Bukit Asam (Persero) Tbk - Indonesia
- LBH Netherlands Bv - Netherlands
- Bharathi Cement Corporation - India
- Marubeni Corporation - India
- Kideco Jaya Agung - Indonesia
- Bangladesh Power Developement Board
- Pendopo Energi Batubara - Indonesia
- Economic Council, Georgia
- Interocean Group of Companies - India
- Salva Resources Pvt Ltd - India
- Orica Mining Services - Indonesia
- Indian Oil Corporation Limited
- Cement Manufacturers Association - India
- Sindya Power Generating Company Private Ltd
- PNOC Exploration Corporation - Philippines
- Semirara Mining Corp, Philippines
- Makarim & Taira - Indonesia
- Kepco SPC Power Corporation, Philippines
- Timah Investasi Mineral - Indoneisa
- Star Paper Mills Limited - India
- Antam Resourcindo - Indonesia
- Aditya Birla Group - India
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