FIXTURES - 13/06/2013

FIXTURES - 13/06/2013







BDI 873 (UP 26) BCI 1484 (UP 57) BPI 833 (UP 25)

BSI 895 (No change) BHSI 528 (UP 3)

Last published BDTI 594 (DOWN 7) BCTI 573 (DOWN 4)





TIMECHARTER



'Navios Altair' 2006 83001 dwt -
SwissMarine>

'Adelante' 2012 82800 dwt dely Santos 25/30 June trip redel

Singapore-Japan $9000 daily + $680000 bb - Cargill

'Key Action' 2010 82168 dwt dely aps EC South America 25/30 June

trip redel Continent $8500 daily + $300000 bb - Azure

'Achilles' 2004 76878 dwt dely aps Indonesia 24/29 June trip redel

Malaysia $6000 daily + $85000 bb - Noble -

'Brugge Max' 1998 73056 dwt dely psg Gibraltar 17 June 2 laden legs

redel Skaw-Cape Passero $9000 daily - Klaveness

'United Mojanda' 2012 57802 dwt dely Bilbao 12/14 June 2/3 laden legs

redel Atlantic approx $10000 daily - WBC -

'Vinalines Sunrise' 2006 56057 dwt dely Rizhao spot trip via

Indonesia redel India $6000 daily - cnr

'Navios Ulysses' 2007 55728 dwt dely aps Santos 20/25 June trip redel

Nigeria $17500 daily - Pacbasin

'Oriental Harmony' 2011 35152 dwt 13.5 L on 26.3 + 0.2 mdo dely Pasir

Gudang prompt 2 laden legs redel Singapore-Japan $8000 daily - cnr

'Obrovac' 2010 34444 dwt 14 L on 30.5 + 0.1 mdo dely passing Singapore

spot 2 laden legs redel Singapore-Japan $6500 daily - Daewoo

'Western Maple' 2010 32493 dwt dely Surabaya prompt trip via

Australia redel China $7000 daily - Oldendorff





PERIOD



'Aquacharm' 2003 171009 dwt dely Shanghai 17/20 June 4/6 months

trading redel worldwide $11250 daily - Vitol

'Lia M' Vitol relet 2013 74000 dwt dely aps Trombetas end June 60-100

days redel Skaw -Cape Passero $9000 daily + $350000 bb - Copenship





ORE



'Navios Obeliks' 2012 160000/10 Tubarao/Qingdao 20/29 June $17.50 fio

scale/30000shinc - Cargill

'SwissMarine TBN' 205000 dwt 160000/10 Port Hedland/Qingdao 20/22 June

$7.80 fio scale/30000shinc - FMG

'Mona River' MOL relet 2000 160000/10 Tubarao/Qingdao 15/30 July

$17.70 fio scale/30000shinc - Louis Dreyfus

'Stella Jade' 2012 160000/10 Dampier/Qingdao 28/30 June $7.60 fio

scale/30000shinc - Rio Tinto

'Golden Queen' Cargill relet 2010 160000/10 Dampier/Qingdao 27/30 June

$7.60 fio scale/30000shinc - Rio Tinto

'Rahi' 2011 160000/10 Saldanha/Qingdao 1/10 July $13.00 fio

scale/30000shinc - Sinochart -

'Teh May' Louis Dreyfus relet relet 2004 142000/10 West

Australia/Kaoshiung a/o Taichung 22/30 June $6.70 fio

75000shinc/38000shinc - CSE









COAL



'TBN' 150000/10 Richards Bay/Gangavaram 21/30 June $11.00 fio

scale/35000shinc - Libra

'TBN' 150000/10 Tanjung Bara/Mundra 15/24 June $6.50 fio

45000shinc/40000shinc - Libra

'TBN' 130000/10 Samarinda/Rizhao 20/30 June $5.85 fio

15000shinc/25000shinc - Avra -

'TBN' 75000/10 Richards Bay/Dahej 22/30 June $13.50 fio

scale/30000shinc - Libra

'TBN' 60000/10 Taboneo/Dahej 19/23 June $9.00 fio

INDUSTRY UPDATES - 13/06/2013

Coal India signs non-disclosure pacts with Australian mines




Coal India Ltd has signed non-disclosure agreements with mine owners in Australia as it pushes forward with the process of buying overseas assets, the company chairman said on Thursday.“We are going through the process. In fact, we have signed two to three non-disclosure agreements in Australia,” Coal India chairman S. Narsing Rao said in a phone interview from Kolkata.



Rao said some of the mines under consideration have the capacity to produce 10-15 million tonnes of coal a year and the company wants to take a quick decision, “otherwise they may get clinched (by others).”



Coal India, the world’s largest coal mining company, has a war chest of as much as Rs.35,000 crore that can be used to acquire overseas mining assets with domestic expansion constrained by obstacles related to environment, land acquisition and civil liberties.



A number of international assets are up for sale as the cost of production at mines has risen, while coal and iron ore prices have declined and the prices of finished products such as metals have remained low.Analysts and company executives say coal assets are up for sale in Australia, the US, Africa and Indonesia and, with their hunger for energy sources, China and India seem to be the only prospective buyers.



“It is a good business move as it is prudent to diversify geographically,” said Deven Choksey, managing director of KR Choksey Shares and Securities Pvt. Ltd. “Buying minerals in Australia will be all the more welcome.”This marks another attempt by Coal India to buy