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No sulphur content over 0.1%
No sulphur content over 0.1%
Ship finance has long way to peak
Ciane to return to Turkish Cicek
Asian Shipping Set To Grow
Turkish ship runs aground
Norden Shipping sees recovery
Two-year forecast for Maersk
China Shipping volumes rise 18%
Z-drive tug has been delivered
Uzmar to deliver 2 tugs to Pakistan
POLL
WEATHER
İstanbul 1/10 °C
İzmir 5/12 °C
Antalya 7/13 °C
Trabzon 7/11 °C
PHOTO GALLERY
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Norden Shipping sees recovery
Asian Shipping Set To Grow
Keppel wins 3 jobs worth $140
Korean Daewoo profit rises
Turkish ship runs aground
Uzmar to deliver 2 tugs to Pakistan
No sulphur content over 0.1%
Drilling service contract extended
Entire fleet to meet IMO rules
Offshore vessels to be upgraded
New designs by Deltamarin
Tugboat veered from the course
Tugboat veered from the course
A Singapore-registered tugboat, Asta, is believed to have been hijacked in the South China Sea at the weekend.
CSSSA tops charter list
CSSSA tops charter list
FRENCH oil giant Total’s shipping arm, CSSSA, topped the list of suezmax charterers in the fourth quarter of 2009, taking 29 vessels to carry 3.8m tonnes of oil.
 
China To Increase LNG Imports
China To Increase LNG Imports
China will increase its imports of liquefied natural gas to relieve the current gas shortage, Xinhua news agency reported Sunday, citing Zhang Guobao, head of the National Energy Administration.
J. Ray McDermott in agreement
J. Ray McDermott in agreement
FloaTEC Singapore Pte Ltd J. Ray McDermott has signed a contract worth about $1b with the Papa-Terra Joint Venture.
 
W.Africa' rates continue to slide
W.Africa' rates continue to slide
Owners hoped US Gulf weather-related delays would help to soak up excess tonnage POOR weather in the US Gulf last week failed to support the West African suezmax market, with rates continuing to slide further towards operating cost levels.
Z-drive tug has been delivered
Z-drive tug has been delivered
A 87-ft Z-drive tug has recently been delivered from the Jiangsu Wuxi Shipyard Co., Ltd. in China to a Peruvian owner Trabajos Maritimos S.A.
 
Gardline to benefit Round 3 first
Gardline to benefit Round 3 first
Gardline Marine Sciences Ltd of Great Yarmouth in the UK is one of the first companies to benefit from the Round 3 offshore wind farm site allocation announced this month.
Two-year forecast for Maersk
Two-year forecast for Maersk
Danish financial house Danske Market Equities is forecasting the parent company of ocean carrier Maersk Line will return to profitability in 2010 due largely to better container shipping freight rates.
 
Agreement for shipbuilding facility
Agreement for shipbuilding facility
Qatar Gas Transport Company Ltd. (NAKILAT) has signed a joint venture agreement with Damen Shipyards Qatar Holding B.V.
Sailors fear job loss
Sailors fear job loss
Despite the threat posed by piracy, sailors are more fearful of a ban on manning ships passing the pirate-plagued Somalia coast as it would put their families’ livelihoods at risk.
 
China Shipping volumes rise 18%
China Shipping volumes rise 18%
SHIPPING giant China Shipping Group reported a better-than-expected 18.1% increase in cargo shipping volume in January.
Pacific rates plunge into darkness
Pacific rates plunge into darkness
Rates for capesize bulk carriers trading in the Pacific region as having “plunged into a dark abyss”; seven days later, they find themselves in an even darker one, having dropped from $11 per tonne into single figure territory,
 
Container shipping looks up
Container shipping looks up
The prospects for the container shipping market are looking much better than 12 months ago, as both volumes and rates have been rising recently and the increases "appear to be to be resilient."
Dry bulk overcapacity looms
Dry bulk overcapacity looms
Most analysts seem to agree that one the biggest hurdles lying ahead for a recovery of the dry bulk shipping sector is the looming oversupply of vessels, as evidenced by the huge global orderbook.
 
Ship finance has long way to peak
Ship finance has long way to peak
The industry will have to wait for several years before the ship finance market returns to its peak, a senior official of DVB Bank, specialist in the international transport finance business, has warned.
Ciane to return to Turkish Cicek
Ciane to return to  Turkish Cicek
The Italian shipowner Ciane Spa has purchased a second double-hull bunker tanker from the Turkish shipbuilder Çiçek Shipyard.
 
All segments see sharp rise
All segments see sharp rise
The number of freight derivative transactions was up 119% on the previous month, to 2 086, while the volume of lots was up 69%, to 44 931 , with the overall trade value increasing 40% to USD 912 million.
IPTA will be held in London
IPTA will be held in London
The second IPTA/Navigate chemical/products tanker conference will be held in London on 9-10 March.
 
TVD is open for operators
TVD is open for operators
INTERTANKO's Terminal Vetting Database (TVD) is now open to tanker owners/operators, terminal owners/operators, PSC authorities and others with a legitimate interest in improving safety.
Otto to grow offshore division
Otto to grow offshore division
Otto Marine has successfully raised S$95m through a share placement as it looks to grow its offshore services division.
 
Rates increased in USA trades
Rates increased in USA trades
Evergreen Line has announced a rate restoration on its Northern Europe to USA trades.
Ship engine plant opened
Ship engine plant opened
Mitsubishi Heavy Industries and Bach Dang Shipyard have opened a joint venture ship engine manufacturing plant in Vietnam.
 
Piracy doesn't pay!
Piracy doesn't pay!
How do we transmit a message to the effect that piracy is not a profit centre for the poor of Somalia, but a serious crime which attracts punishment?
Capacity to over 3m tonnes
Capacity to over 3m tonnes
Vinalines aimed to raise its capacity by a further 350,000 tonnes this year to over 3m tonnes by building and buying more vessels.
 
Enhancing maritime safety and security
Esteban Pacha
Shipyard can not be closed because of accident
Recep Canpolat
The International Regime on Liability
Jose Maura Barandiaran
Seaman love depth horizons
Metin Kalkavan*
VTS AND MORE
Capt. Tuncay Çehreli*
REPORTS
Panama Canal Revenues Fall
Panama Canal Revenues Fall
Toll revenues grow, but other sources of income decline at the Panama Canal.
SPECIAL NEWS
Shipbuilding fair at the Hamburg
Shipbuilding fair at the Hamburg
SMM 2010 will be fully booked. Some 2000 exhibitors and more than 50,000 trade visitors will make the 24th shipbuilding, machinery & marine technology, international trade fair hamburg, the centre of the international shipbuilding world from 7 to 10 Septe
ANALYSIS
Pacific rates plunge into darkness
Pacific rates plunge into darkness
Rates for capesize bulk carriers trading in the Pacific region as having “plunged into a dark abyss”; seven days later, they find themselves in an even darker one, having dropped from $11 per tonne into single figure territory,
VIDEO GALLERY
Pirates' spokesman claimed Pirates' spokesman claimed
LNG carrier heads back to sea LNG carrier heads back to sea
Ship Owner Award: Geden Line Ship Owner Award: Geden Line
Ship Auxiliary Industry Award Ship Auxiliary Industry Award
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