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Ocean Product Line Launched
China’s Ocean Development
Launched at Zvezda Shipyard
PT Pelindo quarterly volume up
Long Beach container volume up
Swaping slots on loop service
Panama Canal's expansion
Maersk posts 30pc loss
Hamburg box volumes falls
April volume up 3.9pc
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PHOTO GALLERY
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Hijacked Tanker Recaptured
23 Kasým 2012 Cuma 16:09
The ICC International Maritime Bureau (IMB) commends the actions of Vietnamese authorities for the recapture of a vessel hijacked and taken to their waters.
Industry Faces Tumultuous Tides
Tanker industry is facing tumultuous tides as the oil traders are backing out of the market, causing reduction of chartering demand and thus inflicting considerable losses.
DNV’s Triality Tanker Concept Wins Lloyd’s List Innovation Award
The Lloyd’s List Global Award for the shipping industry’s best innovation project 2011 was won by DNV. At a ceremony, Chief Operating Officer Ioannis Kourmatzis accepted the award on behalf of DNV.
New Tanker Cooperation
Maersk Tankers-owned Broström has initiated a new tanker cooperation with the Swedish owners Erik Thun AB, Rederi AB Gotland and Wisby Tankers AB to strengthen its 5,000?10,000 DWT segment portfolio.
MOL tanker receives certificate
Mitsui O.S.K. Lines' product chemical tanker Ivy Express received a certificate of the ILO's Maritime Labour Convention 2006.
Upturn in petrochemicals
The Middle East is set to become the global hub for petrochemicals production over the next 5 years.
Moderate growth is helpful
Buoyed by demand for so-called minor bulks from cement to fertilizer, smaller dry cargo vessels will outperform capesizes, the largest drybulk ships.
Fleet to grow one fifth
Nanjing Tanker Corporation will see its fleet grow by one fifth in the current quarter.
Tanker rates to hover year-low
Rates for crude tankers on key Asian freight routes are likely to hover near 11-month lows this week as ample tonnage outweighs strong Chinese demand.
Stena Penguin is delivered
Concordia Maritime has taken delivery of the product tanker Stena Penguin, which will enter into a three-year charter with Glencore subsidiary ST Shipping.
Ships go west
A surplus of oil tankers competing for 2 million barrel cargoes of Middle East crude shrank to an eight week low after some of the vessels sailed to West Africa in search of better rental rates.
Escort system for tankers
An act with provisions to preserve the dual-tug escort system for loaded tankers in the Prince William Sound, passed the US Senate and the US House of Representatives.
$700m to be spent on LNG fleet
Japanese trading house Marubeni will spend about $700 million to team up with a Singapore shipping firm to operate a fleet of liquefied natural gas (LNG) tankers.
Single hull tanker to be banned
South Korea will ban all single-hull tanker operations starting in 2011 to better protect the environment from oil spills, the government said Thursday.
Empty ships to seek cargoes
Supertanker owners may send empty ships to West Africa rather than the Middle East to seek cargoes after a French port strike bolstered oil freight costs west of the Suez Canal.
Teekay to have share in LNGC
Teekay LNG Partners said that it had reached an agreement in principle to acquire a 50% interest in two LNGCs owned by Exmar.
More wet tonnage for Norden
Leading Danish tanker and drybulk carrier owner NORDEN is considering buying more wet tonnage.
Fleet to meet fuel requirements
The fleet of tankers operated by the U.S. Navy's Military Sealift Command is being reconfigured to meet fuel requirements in support of U.S. forces worldwide.
Ship earnings being cut
A glut of supertankers competing for two million-barrel cargoes of Middle East crude oil stayed unchanged, cutting earnings from the ships by 19 per cent to their lowest in almost 13 months.
Seatrans flags out 9 ships
Chemical tanker and drycargo vessel owner Seatrans is to flag out nine vessels to the Maltese registry.
Time charter for 5 years
Knutsen Offshore Tankers? newbuilding ?Bodil Knutsen? has been fixed to Statoil for five years.
OTHER NEWS
Easier to replace the fleet
Shares offered to pay debt
Rental income falls down
Joint venture made with SCI
Excess VLCC supply irks market
Time charter for 6 vessels
Product tanker delivered to SCI
Oil tanker Jeyhun returns
Scorpio buys Aframax tanker
16% decrease in freight rates
Decline in supertanker rates
Investment for tanker operation
Vale SA will buy 12 ships
Skov to create Tankers Inc.
Navios adds 7 tankers to its fleet
Expected gross revenue is $14m
Overview of LNG tankers
Big discount in freight rates
Time charter for two tankers
Writers >>
Capt. Tuncay Çehreli*
Esteban Pacha
Jose Maura Barandiaran
Metin Kalkavan*
Recep Canpolat
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
Urgent action still required
CONTINUING recession in Europe is badly timed for ocean carriers with deliveries of an armada of ultra large container vessels coming before the end of the year, says analysts at Drewry Maritime Research in London.
SPECIAL NEWS
New Hydroplane Route
According to Melih Gökçek, metropolitan municipality mayor of Ankara, there will be a new flight route between Turkeys Metropol Istanbul’s Golden Horn and Turkeys Capital Ankara’s Golbasi.
ANALYSIS
New investors needed to help
THE collapse of the German KG ship financing system leaves a hole in the small box ship market, which needs to be filled, particularly as smaller vessels need to be more fuel efficient and eco-friendly, says Drewry Maritime Research.
VIDEO GALLERY
Sefine Shipyard is Growing
Pirates' spokesman claimed
LNG carrier heads back to sea
Ship Owner Award: Geden Line
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