04 Jan 2017 Containers, Headlines, Shipping News, Slider, The Wire Swim or sink: That’s the message shipping executives in Asia are taking into the new year. Faced with a prolonged trade slowdown and depressed freight rates, the region’s container lines are set for further consolidation after a year that’s seen the collapse of South Korea’s Hanjin […]
Read More17 Jan 2017 Finance & Economy, Gas, Headlines, Slider, Tankers, The Wire Standard Chartered announced the completion of three shipping finance deals in excess of $1.6bn concluded in the third quarter of 2016. The three separate deals were done for BW Gas JuJu LNG Limited, National Shipping Company of Saudi Arabia (Bahri), and subsidiaries of Reliance […]
Read More09 Jan 2017 Headlines, Shipping News, Slider, Tankers, The Wire Freight rates for very large crude carriers (VLCCs) are expected to slide further next week on reduced cargo demand after the New Year holiday, which could be partly due to cutbacks in oil output by major crude producers, ship brokers said. Around 100 VLCC cargoes for […]
Read MoreChittagong Port Authority (CPA) has finalised preparation of documents to float international tenders for procuring essential equipments to expedite cargo handling activities. CPA will float the tenders soon, and purchase 10 gantry cranes in two phases – six cranes in the first phase and four others in the second phase. Officials concerned said a seven-member […]
Read MoreThe Triple-E containership Munkebo Maersk calls at DP World’s London Gateway in February 2015. Photo credit: London Gateway (LISW) – The UK Government’s purpose is for Britain’s maritime sector to be as great as it can be and to be “greater than we imagined possible over recent years,” according to the UK’s Shipping & Ports […]
Read MoreJanuary 19, 2017 by Mike SchulerThe Coast Guard and good Samaritans responded to the report of a vessel on fire approximately 150 miles south of Southwest Pass, Louisiana, Monday. U.S. Coast Guard photo courtesy of Aviation Training Center Mobile. The American car carrier Alliance St Louis is now under tow in the Gulf of Mexico after […]
Read MoreBy MarEx 2017-01-16 18:39:05 The dry bulk market’s strong end to 2016 is unlikely to last long into 2017, according to the latest research from Maritime Strategies International. In its latest quarterly dry bulk market report, MSI predicts a depressed year for rates in 2017, a year marked by multiple risks to recovery. Stronger freight […]
Read MoreCommodities gained in December due to improving supply/demand fundamentals for crude oil and higher economic growth expectations, according to Credit Suisse Asset Management. The Bloomberg Commodity Index Total Return performance was positive for the month, with 10 out of 22 Index constituents posting gains. Credit Suisse Asset Management observed the following: Livestock increased the most, […]
Read MoreDespite lower rates, rental prices doubled from last year; capesize vessels totalling 15 million DWT to be delivered this year – broker. Freight rates for large capesize dry cargo ships on key Asian routes are likely to drift lower as tonnage volumes outpace cargo demand even as owners resist charterers’ attempts to push rates lower, […]
Read MorePhoto: PR-foto: Kontraframe / Thorbjørn Hansen Kvalitetsjournalistik kræver investeringer. Del venligst denne artikel med andre ved at bruge nedenstående link. http://shippingwatch.com/carriers/article9287437.ece Kopier og videresend ikke artiklen. Det er i strid med ophavsretsloven og vores abonnementsbetingelser. Over two days of this week, hundreds of managers from Maersk Transport & Logistics voiced their thoughts on the future […]
Read More