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TTS Books More RO/RO Equipment

03 Mart 2011 Per?embe 13:45

TTS Marine AB has won two contracts to supply RO/RO equipment to four car carriers.

BIMCO General Meeting in Athens At an unusual time for the shipping industry, suddenly plunged into recession by the banking crisis and struggling to find credit as world trade declines, ?Shipping in Transition? was an appropriate title for the series of seminars arranged for the Athens		ICC supports Rotterdam rules The International Chamber of Commerce has come out in support of the UN Convention on the International Carriage of Goods, known as the 'Rotterdam Rules'.

ICC Endorses Rotterdam Rules The International Chamber of Commerce threw its support behind ratification of the Rotterdam Rules to govern cargo liability in ocean transportation and related inland intermodal movements.		MOL's fiscal profit plunges a third MOL?s full-year profit dropped by a third in its fiscal year ended March 31 even though its total revenue declined by only 4.1 percent.

Kjaedegaard is the new president Jesper Kjaedegaard, who has more than 30 years of experience with A P Moller and the Maersk Group, has been appointed President of the UK Chamber of Shipping.		Demand reduces significantly Coastal Bulk Shipping said it had ceased trading after the economic downturn forced a sharp decline in revenues.

The key index loses value Worries about the world economy have combined with a stand-off between ore producers and steel mills to send the key index of dry bulk shipping costs plunging nearly 25 per cent this week.		Shipping goes green The Middle East maritime sector is waking up to the need for greater fuel efficiency, which could lead to potentially huge reductions in shipping's carbon footprint, say leading industry observers.

ISU proposed MCM guidelines Marine salvage companies meeting in Malta this week have decided move ahead rapidly to produce best practice guidelines for Marine Casualty Management.		New version NEMO by CMA CGM CMA CGM is to launch a rationalized version of its NEMO (North Europe, Med, Oceania) service, offering 'the fastest and only direct and dedicated link from Europe to Australia via Suez.'

Lloyd's Register presents The latest Lloyd's Register guide to Ballast Water Treatment Technology is now available. This follows the success of last year's guide, the first of its kind.		Downfall in capsize freight It is reported that, following the steep fall in Chinese demand for iron ore, capsize freight rates on the key route between Brazil and China have reportedly nosedived to USD 49.29 a tonne for the first time in 14 months.

Belships' strong Q1 NORWEGIAN shipowner Belships made a Q1 operating profit of US$8,621,000 up from US$592,000 in Q1 2006. Operating income was US$18.9m, up from US$10.7m in Q1 2006.		DYT Launches Super Ship DYT the world's only float-on/float-off yacht transport service, has launched its newest ship, which will provide yacht owners with faster and more frequent delivery of their luxury power and sailing yachts across the Atlantic Ocean.

Panama delays Canal toll hike THE Panama Canal Authority (ACP) it has published its proposal to restructure the Panama Canal's pricing system and certain regulations, with some “slight” changes reflecting input from the shipping industry.		MOL to spend $294m on safety THE president of major Japanese shipowner Mitsui OSK Lines, Akimitsu Ashida, his company is set to spend yen35bn in three years to improve safety.

Baltic marks Singapore opening The Baltic Exchange marked the official opening of its Singapore Representative Office yesterday with a reception at Raffles Hotel attended by Mrs Lim Hwee Hua, Singapore’s Minister of State for Finance & Transport.		IRI in opens Korea INTERNATIONAL Registries, Inc. (IRI), the maritime and corporate administrator for the Marshall Islands, has opened a new representative office in Seoul, Korea.

Höegh and Mol in suez deal HÖEGH LNG and Mitsui OSK Lines have fixed long term time charter parties for two shuttle and regasification vessels with SUEZ LNG Trading.		Exports likely to miss $125 bn.. The $125-billion export target for 2006-07 may remain a dream unless Indian exporters’ efforts in March produce an extraordinary result.