 |
Worldwide Container Shipping news - Archive 2009, May
 |
News was prepared under the information support of Online Daily Newspaper on Hellenic and international Shipping "Hellenic Shipping News". |
Latest news « News archive
31 May 2009
Russia's Baltic, Black Sea Oil Exports to Decline 2.2% in June
Russia, the world's second-biggest oil exporter, plans a 2.2 percent decrease in daily shipments of Urals and Siberian light crude from five Baltic and Black Sea ports in June. Russia
... »
31 May 2009
India's Coal Needs Fuel Overseas Push
Faced with shortages of domestically produced coal, Indian coal producers are looking to buy stakes in overseas miners. India’s state-owned and private coal miners are looking at ope ... »
31 May 2009
India may impose extra tax on steel imports
India will consider slapping an additional import tax on steel to protect domestic industries from cheap imports, the country's new steel minister said on Friday. "There are demand ... »
31 May 2009
India: Shipping Ministry to fast-track construction of port berths
The Ministry of Shipping will award six concessions for construction of cargo and container berths at ports and initiate process for another 20 through public-p ... »
31 May 2009
India: Government makes training needs for shipping firms tougher
Officers being trained on ships covered by the tonnage tax scheme have been exempted from paying a training fee to the shipping firms, accor ... »
31 May 2009
Interpol Chief Seeks Police Alliance to Fight Piracy Off Somalia
While warships pursue pirates around the Horn of Africa, the secretary general of Interpol, Ron Noble, is pressing for a global alliance of criminal investigators to hunt the bandits by
examining the mon ... »
31 May 2009
MOL announces North America headquarters relocation
Mitsui O.S.K. Lines, Ltd. has decided to relocate its Concord headquaters to Lombard, IL. Noboru Kitazawa, President of MOL (America) Inc, said ”The consolidation will allow for
a greater synergy among the ... »
31 May 2009
Singapore Shipping in the red
Despite chalking up a $1.15 million net profit for the fourth quarter ended March 31, 2009, Singapore Shipping Corp reported a $3.5 million full-year net loss. ... »
30 May 2009
Charles R. Weber Weekly Tanker Report Oil to rise to $75? - WEEK 22
At their meeting in Vienna this week, OPEC announced their intention to keep output quotas unchanged from current levels, with Secretary-General Abdullah al-Badri telling reporters that oil pri ... »
30 May 2009
WEEKLY MARKET REPORT Week 22
Well, what can we say. This week we saw the market really taking off with the capesizes and panamaxes leading the way. The BCI increased over 40% week on week, at 6,125 points
... »
30 May 2009
Gibson Tanker Report HOW CAN MRs EARN MORE THAN VLCCs ?
For most of this month we have been in the seemingly perverse position where MR product tankers in the West have been earning more than VLCCs in the Middle East. How can one
vessel costin ... »
30 May 2009
Barry Rogliano Salles Weekly Tanker Report 624
From bad to worse? While oil prices keep increasing and bunker costs get adjusted (above US$370/t in Fujairah), all VLCC freight rates have dipped back to below the WS30 mark for Eastern destinations.
... »
30 May 2009
Power demand to boost India coal imports during monsoon
Strong demand for power in India is likely to keep coal imports at the maximum level possible in the June-September monsoon season, Indian coal importers said.
In January importers ... »
30 May 2009
Mt. Gibson Passes on Iron Ore Settlement to China
Mt. Gibson Iron Ltd., Australia’s fourth-biggest iron-ore producer by market value, passed on the 33 percent cut in benchmark prices agreed by Rio Tinto Grou ... »
30 May 2009
Commodities Head for Biggest Monthly Rally Since July 1974
Commodities headed for the biggest monthly rally in 34 years, led by energy, as the slumping dollar boosted demand for raw materials as a hedge against inflation. In M ... »
30 May 2009
Iron ore miners still smiling
“Benchmark iron ore prices may have dropped an average of 37% recently; however, they are still at a level that represents the second highest price on record,” Western Plains R ... »
30 May 2009
Indian Government may consider hiking coal price: Jaiswal
Coal Minister Sriprakash Jaiswal Friday said the government may consider increasing the price of coal, depending on the economic situation. "With the changes in the eco ... »
30 May 2009
Coal demand buoys materials handling industry
Industry association the South African Institute of Materials Handling (SAIMH) vice-chairperson Adi Frittella says that coal demand, primarily for its use in State-owned utility E ... »
30 May 2009
SDIC is building a 30 mln-ton coal base in Kumul
The State Development and Investment Corp (SDIC), one of the largest state-owned investment enterprises, is constructing a coal production base in Kumul, Xinjiang Uygur A ... »
30 May 2009
Rio expecting tough negotiations on iron ore price
Rio Tinto says it expects iron ore price negotiations with the Chinese to drag on. The miner's Chief Executive, Tom Albanese, and iron ore chief, Sam Walsh, have been in the Pilbara ... »
30 May 2009
African ports thrive despite economic gloom
Almost every sector in every country is suffering from the ongoing global economic crisis. Factories are being closed, GDP forecasts downgraded and belts tightened. Yet the African port sec ... »
30 May 2009
Congestion hits Lagos ports again, 28 ships await berth
Congestion has gradually returned to Lagos ports again, two months after the Federal Government evacuated hundreds of overtime containers to Ikorodu Lighter T ... »
30 May 2009
Vizag port users press for improvement in services
Visakhapatnam, May 28 The small users of Visakhapatnam port need a better deal and their problems such as the lack of storage space, safety of the cargo and higher handling
charges need ... »
30 May 2009
Vietnam's first deep-water port debuts
Vietnam today inaugurated the country’s first deep-water port for container ships, SP-PSA Port. The port, located in the Ba Ria " Vung Tau Province ... »
30 May 2009
Chennai to get second container terminal by June 4
Arrival of the vessel St John George Grace from Colombo on June 4 will officially mark the opening of the second private container terminal of the Chennai Port Trust (ChPT), the Hindu r ... »
30 May 2009
Baltic Dry Index Gains 5.9 Percent to Cap Record Monthly Gain
The Baltic Dry Index, a measure of shipping costs for commodities, climbed every day in May to post its biggest monthly advance on record. The index tracking transport
costs ... »
30 May 2009
Golar LNG first quarter 2009 results
Golar LNG Limited reports a net loss of $5.1 million and operating income of $6.6 million for the three months ended March 31, 2009 (the "first quarter"). Revenues in the first quarter
were $53 ... »
30 May 2009
Independent Tankers - First Quarter 2009 ResultsIndependent Tankers - First Quarter 2009 Results
Independent Tankers reports net income of $3.9 million, equivalent to earnings per share of $0.05 for the first quarter of 2009. In March 2009, Front Voyager Inc. declared a one
year e ... »
30 May 2009
Farstad Shipping announces new charter agreement
The consortium has contracted the AHTS Far Scimitar (2008, UT712L, 15,600 bhp) and the AHTS Far Fosna (1993, UT722, 14,400 bhp) in support of the semi submersible rig ... »
30 May 2009
Norway's Jinhui Shipping posts gloomy 2009 outlook
Norwegian dry bulk shipper Jinhui Shipping said its outlook remained extremely challenging after it posted forecast-beating first-quarter profit, lifted by one-off gains ... »
30 May 2009
Sri Lanka sees chance in cheap ships
Sri Lanka could make use of the global slump in shipping to rebuild its national merchant fleet as ships without work are now going cheap, the island's navy chief Wasantha Karannagod ... »
30 May 2009
Asia to become world's dominant shipping force
What might feel like a global shipping meltdown will, in hindsight, be viewed as a worldwide shift to an Asian domination of the maritime ... »
30 May 2009
Container ship mkt to improve end '09-Maersk Broker
Container vessel chartering rates have probably hit bottom and the container ship chartering market is likely to pick up at the end of 2009, said the head of Maersk Broker, one of the world's large ... »
30 May 2009
German Ship Owners to Rescue CSAV
A group of German charter container ship-owners agreed to a $710 million rescue for CSAV, the financially troubled Chilean ocean carrier. The 20-odd owners which have ships on charter to
CSAV agreed ... »
30 May 2009
Bulk shippers draw cheer from Baltic index rally
Analysts and investors are turning optimistic on Indian shipping companies, thanks to the Baltic Dry Index's surge since early April, but officials say high capital costs will continue to ... »
30 May 2009
ELAA records sharp decline in intercontinental container transport by sea to/from Europe in Q1
The European Liner Affairs Association (ELAA) recorded a very sharp decline in intercontinental container transport by sea to/from Europe for the first quarter of 2009. The downward trend appears to
... »
30 May 2009
Panama Canal Authority lists menu of upgrades
As work on the expansion project progresses, the Panama Canal Authority (ACP) continues to modernize and upgrade the existing waterway, resulting in streamlined operations and
increased capac ... »
30 May 2009
"K" Line Establishes its own Agency in Brazil
KAWASAKI KISEN KAISHA, LTD. ("K" LINE) is pleased to announce it has established its own shipping agency, "K" LINE RORO & BULK AGENCIA MARITIMA LTDA., in Brazil for Car Carrier
and B ... »
30 May 2009
Japan's Yusen KK shipping to make Taiheiyo Kaiun 100% subsidiary
Japanese shipping firm NIPPON YUSEN KK announced that it will convert troubled group firm TAIHEIYO KAIUN CO. into a wholly owned subsidiary by the end of the year. Taiheiyo Kaiun has fallen
into financial stra ... »
30 May 2009
Australia joins fight against piracy off Somalia
Australia announced it will send a warship and a surveillance aircraft to the Horn of Africa as part of the international fight against piracy. The frigate HMAS Warramunga, presently patrolling
in the Pe ... »
30 May 2009
Vietnam: Maritime transportation industry crying for help
A recent survey in Hai Phong city, one of Vietnam’s major ports and shipping centres, showed that most shipping firms say they have been facing big difficulties due to lack of imp ... »
29 May 2009
Montreal box throughput down 22.5 percent in April
The Port of Montreal on Thursday reported itself "relatively optimistic about the future," although a 22.5 percent ... »
29 May 2009
China's Jinzhou Port to set up new coal dock
Jinzhou Port Co., Ltd., a port operator based in the northeastern Chinese city of Jinzhou, Liaoning Province, said in a statement made ... »
29 May 2009
DP World's Volume Shrinks 10 Per Cent
DP World, the world’s fourth-largest container port operator, handled 10 per cent less cargo during the first ... »
29 May 2009
Mediterranean Shipping Co. growing its local presence, adding weekly call
Mediterranean Shipping Co. is digging in its heels in Charleston, continuing to grow its local presence while other shipping companies are cutting back. S.C. State Ports Authority Board C ... »
29 May 2009
Russia seaborne oil exports to fall 3.4 pct in June
Russian seaborne oil exports in June will fall by 3.4 percent ver ... »
29 May 2009
EIA: US Mar Crude Imports -1.8% On Year; 20-Year Low From Saudi
U.S. crude oil imports from Saudi Arabia, the world's largest oil exporter, fell to their lowest level in more than 20 years in March, ... »
29 May 2009
Baltic Ports Could Compete with Russia
Ports in the Baltic nations of Latvia, Lithuania and Estonia are overcoming their reputation as a cargo bottleneck and could compete with St. Petersburg, Russia, for breakbu ... »
29 May 2009
India: Ports seek cut in cargo target due to capacity constraints
Slowdown blues have hit major ports across the country. After their slightly lower performance during 2008-09, the Ennore Port and Jawaharlal Nehru P ... »
29 May 2009
Vopak starts construction of a new storage terminal for oil products in the Port of Amsterdam
Koninklijke Vopak N.V. (Royal Vopak) has taken the final investment decision to build and operate a new storage terminal for oil products in the Port of Amsterdam. This new terminal will prov ... »
News archive
Copyright 2007 © www.shipid.com