We welcome article submissions from experts in the areas of coal, mining,
shipping, etc.
To Submit your article please click here.
|
|
|
Thursday, 02 April 15
NEWBUILDING ORDERS FOR DRY BULK CARRIERS "DRY" UP
 Newbuilding ordering activity remained subdued over the course of the past week, as ship owners are wary of adding further tonnage to an already pressured market. According to the latest report from shipbroker Allied Shipbroking, “there was a small amount of rumored activity being reported this week in the dry bulk sector with two separate orders for ultramaxes emerging. At the same time interest in the tanker sector continues to mount with further orders being placed in the VLCC size segment and keen interest also seen for Suezmaxes as well.
The real story has been the Containership sectors this week, with more then ample rumors circulating of further ordering set to take place while we have seen a number of orders being placed over the past couple of days, most of which have been for several units of post-panama size. With the U.S. economy showing to have a strong momentum towards recovery and its consumers ramping up activity, it is not a surprise that we are starting to see a more positive outlook amongst investors despite the still ongoing problems caused by the large ULCVs still on order and the fast pace fleet growth witnessed over the past couple of years”.
Meanwhile, in its latest weekly report, shipbroker Clarkson Hellas noted that “further to their order placed earlier this year, Meiji Shipping have added a second 320,000dwt VLCC at JMU (Ariake) with delivery of the latest vessel in 2018. It also came to light this week that MTMM have contracted four further stainless tankers in Japan. They added two further 35,500dwt vessels at Shin Kurushima for delivery from mid-2018, taking their total orders at the yard to seven vessels (3 x 22k and 4 x 35.5k). MTMM added further newbuildings at Kitanihon with contracts for two 21,000dwt SUS tankers for delivery in the first quarter of 2018″.
The shipbroker added that “we’ve seen just one new order in dry bulk this week with a yet to be confirmed overseas owner contracting two firm 38,000dwt Handysize at Shikoku Dock. Delivery for both vessels is planned for 2017. It is worth noting that various other Ultramax orders have been reported this week however we understand these were concluded in the first half of last year and are now only coming to light. Namely, White Sea Navigation for 2 x Ultramax at Sinopacific and clients of Kymar Shipping at Yangzhou Guoyo for 1+1 x Ultramax”.
It added that “having been under discussion for some time, Maersk have now announced an order for seven firm plus two option 3,600 TEU wide beam ice class E3 North European feeders at COSCO Zhoushan. The first vessels are due to deliver from April 2017 until the end of 2017, and the options in 2018 if declared. Pricing per vessel is understood to be in the region USD 39M. In the car carrier market Hyundai Mipo announced an order for two firm 7,500unit PCTCs for delivery in the first quarter of 2017. We understand this order is from existing client Ray Shipping, taking the owners current orderbook at the yard to six vessels. Pricing was announced at USD 77.95m per vessel”, Clarkson Hellas concluded.
Additionally, shipbroker Intermodal noted that “fewer orders were reported in the market last week, with the tanker sector remaining far more popular than the dry bulk one, where the entire activity reported consisted only of a couple of Ultramax orders by Greek owners, both related to deals inked earlier on in the year. At the same time prices remained unchanged across the board, but this is not to be taken as a sign of a stabilizing market, especially when it comes to dry bulkers.
In our opinion the lack of recently reported deals in segments like the Capesize one, is the main reason behind this artificial stability, while we once more reiterate our opinion that there is more downside on the way especially as yards are bound to feel more and more pressure in this persistently low ordering activity environment. The example of Rongsheng, which has recently warned that “it might not be able to continue to operate as a going concern” is representative of the increasing pressure that is on the way for the industry. In terms of recently reported deals, Greek owner, Delta Tankers, placed an order for two Suezmaxes (160,000dwt) at Samsung , in S.Korea, for a price of $ 66.0m each and delivery set in April of 2016″, Intermodal noted.
Source: Nikos Roussanoglou, Hellenic Shipping
If you believe an article violates your rights or the rights of others, please contact us.
|
|
Tuesday, 24 March 15
RICHARDS BAY COAL SWAP FOR DELIVERY Q2 CLOSED $ 1.87 HIGHER COMPARED TO Q3 CLOSING PRICE
COALspot.com: API 4 FOB Richards Bay Coal swap for delivery Q2' 2015 declined month over month and week on week.
The Q2 swap has dropped U ...
Tuesday, 24 March 15
ARGUS MEDITERRANEAN SOLID FUELS 2015 CONFERENCE | 2-3 JUNE, ISTANBUL
Press Release: Argus Media is proud to announce Argus Mediterranean Solid Fuels, which will be held in Istanbul,on 2-3February.
Argus produces ...
Monday, 23 March 15
IS OIL GETTING READY TO PLUNGE BELOW $40? - FORBES
KNOWLEDGE TO ELEVATE
In my last crude oil market update in late-February, I expressed my skepticism toward the oil price rebound. Since then, ...
Monday, 23 March 15
Q4' 2015 FOB NEWCASTLE COAL SWAPS DECLINED 6.79% M-O-M; 2.55% W-O-W
COALspot.com: API 5 FOB Newcastle Coal swap for Q2’ 2015 delivery declined US$ 3.42 per MT (-6.33%) month over month and US$ 1.37 (-2.77%) we ...
Monday, 23 March 15
CFR SOUTH CHINA COAL SWAP: Q3 DELIVERY HAS FALLEN 7.93% MONTH-ON-MONTH
COALspot.com: API 8 CFR South China Coal swap for Q2’ 2015 delivery declined US$ 4.09 (-7.06%) per MT month over month and US$ 2.00 (-3 ...
|
|
|
Showing 3116 to 3120 news of total 6871 |
|
 |
|
|
|
|
| |
|
 |
|
|
| |
|
- Kalimantan Lumbung Energi - Indonesia
- Savvy Resources Ltd - HongKong
- Global Coal Blending Company Limited - Australia
- IHS Mccloskey Coal Group - USA
- Larsen & Toubro Limited - India
- Maheswari Brothers Coal Limited - India
- Formosa Plastics Group - Taiwan
- Gujarat Mineral Development Corp Ltd - India
- Essar Steel Hazira Ltd - India
- Bhoruka Overseas - Indonesia
- Georgia Ports Authority, United States
- Chettinad Cement Corporation Ltd - India
- Posco Energy - South Korea
- Meralco Power Generation, Philippines
- Kartika Selabumi Mining - Indonesia
- Binh Thuan Hamico - Vietnam
- Indian Energy Exchange, India
- Sical Logistics Limited - India
- Anglo American - United Kingdom
- Mercuria Energy - Indonesia
- Standard Chartered Bank - UAE
- PetroVietnam Power Coal Import and Supply Company
- Energy Development Corp, Philippines
- SMG Consultants - Indonesia
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sarangani Energy Corporation, Philippines
- Iligan Light & Power Inc, Philippines
- Ind-Barath Power Infra Limited - India
- Independent Power Producers Association of India
- PNOC Exploration Corporation - Philippines
- Ambuja Cements Ltd - India
- Semirara Mining and Power Corporation, Philippines
- The Treasury - Australian Government
- Pipit Mutiara Jaya. PT, Indonesia
- Grasim Industreis Ltd - India
- Cigading International Bulk Terminal - Indonesia
- Parry Sugars Refinery, India
- Global Business Power Corporation, Philippines
- Jorong Barutama Greston.PT - Indonesia
- Indonesian Coal Mining Association
- Intertek Mineral Services - Indonesia
- Mjunction Services Limited - India
- Sindya Power Generating Company Private Ltd
- Parliament of New Zealand
- GVK Power & Infra Limited - India
- Vijayanagar Sugar Pvt Ltd - India
- GMR Energy Limited - India
- Kepco SPC Power Corporation, Philippines
- Tata Chemicals Ltd - India
- Thai Mozambique Logistica
- Pendopo Energi Batubara - Indonesia
- Jindal Steel & Power Ltd - India
- Mintek Dendrill Indonesia
- TeaM Sual Corporation - Philippines
- Manunggal Multi Energi - Indonesia
- Baramulti Group, Indonesia
- Barasentosa Lestari - Indonesia
- Africa Commodities Group - South Africa
- Ministry of Finance - Indonesia
- Goldman Sachs - Singapore
- Romanian Commodities Exchange
- Interocean Group of Companies - India
- Coal and Oil Company - UAE
- Singapore Mercantile Exchange
- Bukit Asam (Persero) Tbk - Indonesia
- Marubeni Corporation - India
- Central Electricity Authority - India
- LBH Netherlands Bv - Netherlands
- Karaikal Port Pvt Ltd - India
- Bhatia International Limited - India
- TNB Fuel Sdn Bhd - Malaysia
- Ministry of Transport, Egypt
- Deloitte Consulting - India
- Bhushan Steel Limited - India
- PowerSource Philippines DevCo
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Bulk Trading Sa - Switzerland
- Indika Energy - Indonesia
- Trasteel International SA, Italy
- Leighton Contractors Pty Ltd - Australia
- Tamil Nadu electricity Board
- Kaltim Prima Coal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Electricity Generating Authority of Thailand
- Merrill Lynch Commodities Europe
- Sinarmas Energy and Mining - Indonesia
- VISA Power Limited - India
- Electricity Authority, New Zealand
- Therma Luzon, Inc, Philippines
- Timah Investasi Mineral - Indoneisa
- Dalmia Cement Bharat India
- Riau Bara Harum - Indonesia
- Oldendorff Carriers - Singapore
- Wilmar Investment Holdings
- Planning Commission, India
- OPG Power Generation Pvt Ltd - India
- Medco Energi Mining Internasional
- Altura Mining Limited, Indonesia
- India Bulls Power Limited - India
- ICICI Bank Limited - India
- Bukit Baiduri Energy - Indonesia
- New Zealand Coal & Carbon
- Carbofer General Trading SA - India
- Jaiprakash Power Ventures ltd
- Toyota Tsusho Corporation, Japan
- The State Trading Corporation of India Ltd
- Renaissance Capital - South Africa
- PTC India Limited - India
- Bharathi Cement Corporation - India
- IEA Clean Coal Centre - UK
- Commonwealth Bank - Australia
- Directorate Of Revenue Intelligence - India
- Metalloyd Limited - United Kingdom
- Kohat Cement Company Ltd. - Pakistan
- Indogreen Group - Indonesia
- Bangladesh Power Developement Board
- Coastal Gujarat Power Limited - India
- Ministry of Mines - Canada
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Latin American Coal - Colombia
- Holcim Trading Pte Ltd - Singapore
- Kumho Petrochemical, South Korea
- Thiess Contractors Indonesia
- Ceylon Electricity Board - Sri Lanka
- Aditya Birla Group - India
- Bayan Resources Tbk. - Indonesia
- McConnell Dowell - Australia
- Australian Coal Association
- SMC Global Power, Philippines
- Alfred C Toepfer International GmbH - Germany
- Agrawal Coal Company - India
- Petron Corporation, Philippines
- Maharashtra Electricity Regulatory Commission - India
- Lanco Infratech Ltd - India
- Eastern Coal Council - USA
- International Coal Ventures Pvt Ltd - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Rio Tinto Coal - Australia
- Antam Resourcindo - Indonesia
- Vedanta Resources Plc - India
- Borneo Indobara - Indonesia
- CIMB Investment Bank - Malaysia
- Videocon Industries ltd - India
- Samtan Co., Ltd - South Korea
- Mercator Lines Limited - India
- GAC Shipping (India) Pvt Ltd
- Kideco Jaya Agung - Indonesia
- Miang Besar Coal Terminal - Indonesia
- Aboitiz Power Corporation - Philippines
- San Jose City I Power Corp, Philippines
- Eastern Energy - Thailand
- Edison Trading Spa - Italy
- Gujarat Sidhee Cement - India
- Bahari Cakrawala Sebuku - Indonesia
- Meenaskhi Energy Private Limited - India
- Global Green Power PLC Corporation, Philippines
- AsiaOL BioFuels Corp., Philippines
- The University of Queensland
- Sree Jayajothi Cements Limited - India
- Malabar Cements Ltd - India
- Power Finance Corporation Ltd., India
- Bank of Tokyo Mitsubishi UFJ Ltd
- Sakthi Sugars Limited - India
- Makarim & Taira - Indonesia
- Energy Link Ltd, New Zealand
- Bukit Makmur.PT - Indonesia
- Siam City Cement PLC, Thailand
- Petrochimia International Co. Ltd.- Taiwan
- Karbindo Abesyapradhi - Indoneisa
- Price Waterhouse Coopers - Russia
- Billiton Holdings Pty Ltd - Australia
- MS Steel International - UAE
- Krishnapatnam Port Company Ltd. - India
- Straits Asia Resources Limited - Singapore
- Directorate General of MIneral and Coal - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- Star Paper Mills Limited - India
- Central Java Power - Indonesia
- Xindia Steels Limited - India
- Semirara Mining Corp, Philippines
- Port Waratah Coal Services - Australia
- Minerals Council of Australia
- Indian Oil Corporation Limited
- Siam City Cement - Thailand
- Orica Mining Services - Indonesia
- Uttam Galva Steels Limited - India
- Heidelberg Cement - Germany
- Simpson Spence & Young - Indonesia
- SN Aboitiz Power Inc, Philippines
- Globalindo Alam Lestari - Indonesia
- Sojitz Corporation - Japan
- Orica Australia Pty. Ltd.
- Neyveli Lignite Corporation Ltd, - India
- Banpu Public Company Limited - Thailand
- Kapuas Tunggal Persada - Indonesia
- ASAPP Information Group - India
- European Bulk Services B.V. - Netherlands
- White Energy Company Limited
- Cement Manufacturers Association - India
- GN Power Mariveles Coal Plant, Philippines
- Australian Commodity Traders Exchange
- CNBM International Corporation - China
- Rashtriya Ispat Nigam Limited - India
- Kobexindo Tractors - Indoneisa
- Wood Mackenzie - Singapore
- Coalindo Energy - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Salva Resources Pvt Ltd - India
- Attock Cement Pakistan Limited
- South Luzon Thermal Energy Corporation
- Vizag Seaport Private Limited - India
- Chamber of Mines of South Africa
- Madhucon Powers Ltd - India
- Economic Council, Georgia
- Indo Tambangraya Megah - Indonesia
- London Commodity Brokers - England
- Dong Bac Coal Mineral Investment Coporation - Vietnam
|
| |
| |
|
