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Worldwide Container Shipping news - Archive 2010, June
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News was prepared under the information support of Online Daily Newspaper on Hellenic and international Shipping "Hellenic Shipping News". |
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30 Jun 2010
Palm Oil Exports From Malaysia Gain in June, Led by Jump in China Demand
Palm oil exports from Malaysia climbed 1.5 percent in June, with China, the largest user of cooking oils, representing the biggest market, independent cargo ... »
30 Jun 2010
Hyundai Steel to raise steel prices from July 18
South Korea's Hyundai Steel, the country's No.2 steelmaker, said on Wednesday it would raise prices of its major steel products by 6 percent from July 18. The rise comes after th ... »
30 Jun 2010
Japan's Mills, Steel Buyers Study Ore Swaps, Credit Suisse Says
Japanese steelmakers, the world’s second-biggest producers of the alloy, and consumers such as automakers may follow Mitsui & Co. in entering the growing iron ... »
30 Jun 2010
Port union opposes relaxation in Cabotage Law
The Kochi Port Trade Union Samithy, a joint forum of trade unions, has urged the Shipping Ministry not to make any relaxations in the Cabotage Law facilitating freedom to ... »
30 Jun 2010
Clerical workers at SoCal port vote to strike
About 900 clerical workers at the ports of Los Angeles and Long Beach have voted to authorize a strike a day before their contract with 14 shipping companies expire. About 400 union members voted u ... »
30 Jun 2010
Situation at the Chittagong port
THE factors that cost both time and money to Chittagong port users and heighten further their worries are, reportedly, back again. Among the users, exporters, particularly t ... »
30 Jun 2010
CMA CGM Figaro docks in Los Angeles
The largest CMA CGM container ship ever to call at a US port, the 8,500 TEU CMA CGM Figaro, arrived yesterday in Los Angeles after its maiden voyage in the Bohai Rim service link ... »
30 Jun 2010
New CSAV All-Water Loop Calls Port Everglades
CSAV’s new weekly Far East service, America Express, made its first call at Port Everglades Tuesday. The AMEX service is made up of a string of 10 vessels of 3,500 20-foot equivalent container uni ... »
30 Jun 2010
BDI touches year's low on decline in iron ore & steel trade with China
The Baltic Dry Index (BDI), a measure of shipping costs for commodities, has touched its lowest level for the calendar year 2010 to 2,482 points on Tuesday. The index has been slipping ... »
30 Jun 2010
Pakistan tenders to import 175,000T white sugar
The state-run Trading Corporation of Pakistan (TCP) issued a tender to import 175,000 tons of white sugar from worldwide sources, its second sugar tender in a week, a statement said ... »
30 Jun 2010
Australian firm signs deal to export coal to Viet Nam
Australia's Environmental Clean Technologies (ETC) has signed a multi-million dollar trade and investment deal with Viet Nam's Thang Long Investm ... »
30 Jun 2010
S.Korea KOSPO buys 760,000 T coal for July-Sept
Korea Southern Power Co Ltd (KOSPO) has bought a total of 760,000 tonnes of coal for power via tenders, a company source said on Tuesday. The utility had received 2.5 million tonnes of ... »
30 Jun 2010
China Plans to Maintain Export Limits on Some Metals to Conserve Resources
China, facing a trade probe by the World Trade Organization on raw material export constraints, will continue to curb exports and production of some metals to conserve resourc ... »
30 Jun 2010
JSW Steel MD says rising steel imports disturbing
Rising cheap steel imports is 'very disturbing' and this along with higher iron ore exports will put the local steel industry an a disadvantage, JSW Steel Ltd Managing Director Sajjan Jindal ... »
30 Jun 2010
GCC steel prices may fall on oversupply
Weak steel demand in the Gulf might lead to oversupply in the market, forcing prices to fall further in the coming weeks, steel traders said yesterday. Construction had slowed down in the ... »
30 Jun 2010
Wilhelmsen Ships Service completes major project loading at Huangpu terminal
The logistics department of Wilhelmsen Ships Service in Shanghai recently completed a large project loading an air-filter system for shipment to India. Wilhelmsen Ships ... »
30 Jun 2010
Sail The Oil Tanker Industry To Solid Profits
Just a few years ago, the oil tanker industry was booming. Rates on the benchmark Saudi Arabia-to-Japan route rose as high as $177,000 a day for supertankers. They h ... »
30 Jun 2010
Seaspan Says Shanghai Listing May Hinge on China Easing Currency Controls
Seaspan Corp., the New York-listed ship lessor, said currency controls will be a key issue in determining whether it moves ahead with a possible stock offering in China.
“ ... »
30 Jun 2010
India, Poland sign shipping treaty
India and Poland yesterday signed a shipping agreement replacing that signed in 1956. Under the new agreement, a scheduled shipping service will operate between the two countries. It is pr ... »
30 Jun 2010
Sovcomflot plans to double the tonnage and EBITDA by 2014
Sovcomflot has projected to double its fleet tonnage and EBITDA index by 2014, RZD-Partner.Ru reports quoting Sergey Frank, CEO of Sovcomflot who was speaking recently at a press ... »
30 Jun 2010
Norway's Ship Equip reaches 1000 th order miestone for its SEVSAT system
Ship Equip has reached an important milestone in staking its claim as the world’s fastest growing provider of maritime broadband communications, announcing the 1000th ... »
30 Jun 2010
Essar Shipping is the first Indian Shipping Company to be awarded OHSAS 18001:2007 certificate
Sea Transportation division of Essar Shipping Ports & Logistics Ltd (ESPLL), an integrated logistics solution provider, today became the first shipping company in India ... »
30 Jun 2010
Hong Kong shipping companies demonstrate ShipServ is a 'must-have' for ship owners
ShipServ, the leading maritime e-marketplace, today announced it has seen significant uptake in its online services from shipping businesses based in Hong Kong.
In the last few months alone,Ch ... »
30 Jun 2010
AmeraMex to ship container handling machines to Honduras
AmeraMex International, a provider of heavy equipment to logistics, infrastructure construction and mining companies, is preparing to ship four large container handling machines totali ... »
30 Jun 2010
Container Shipping Line CNC Expands Intra Asia Routes
The Cheng Lie Navigation Co (CNC Line) partially owned subsidiary of the giant French CMA CGM group have announced three new intra Asia services two of which saw inaugural voy ... »
30 Jun 2010
New marine containers costs jump 27%, nearly hitting its record level
Year-to-date cost of new marine containers has increased by 27% over the end of 2009 and almost reached the maximum value recorded in 1991, the Journal ... »
30 Jun 2010
Bulker delivery surge on the way
Hong Kong consultancy Transport Trackers has warned on the severe amount of bulkers set to join the fleet in the second half of the year, likely to drive rates dow ... »
30 Jun 2010
McQuilling Services, LLC, T a n k e r s Weekly Note Summer Driving Season Heats Up No.15
With one of the biggest US travel holidays right around the corner, the “Summer Driving Season&rdqu ... »
30 Jun 2010
Iran sees no risk to gasoline imports, official says
Iran sees no risks to its gasoline imports, an oil official said on Tuesday, a day after France's Total joined the list of Western oil companies stopping sales to Iran due to sanctions.
The head of the N ... »
30 Jun 2010
LNG Tankers Off Fujairah Store Fuel Equivalent to 3 Months China Demand
Liquefied natural gas tankers parked off Fujairah in the United Arab Emirates are storing the equivalent to about three months of China’s average purchases, signaling an oversupply in the market.
Abo ... »
30 Jun 2010
Newcastle Coal Exports Constrained by 'Weakest Link' Trains, Goldman Says
Coal shipments from Australia’s Newcastle, the world’s biggest export harbor for the fuel used in power stations, are limited by the capacity of trains to car ... »
30 Jun 2010
China's NDRC: Domestic steel prices to see only limited decreases
China's National Development and Reform Commission (NDRC) stated on its website on June 29 that the main product prices in key domestic industries are expected to maintain a stable trend in the ... »
30 Jun 2010
India: Govt steadies coal price to curb inflation
The National Development and Reform Commission (NDRC) has asked the country's major coal companies to keep coal price stable, another effort to curb worsening infla ... »
30 Jun 2010
China Coal Stocks Decline on Government Order to Curb Prices
China Coal Energy Co. led Chinese coal stocks lower in Hong Kong and Shanghai trading after the government told producers to keep prices of ... »
30 Jun 2010
Russia Steelmakers Planning to Invest $20 Billion by 2015 as Demand Grows
Russian steelmakers will invest about $20 billion by 2015 as demand recovers, OAO Severstal Chief Executive Officer Alexei Mordashov said.
Production ... »
30 Jun 2010
Steel prices should Stabilize in long-term: Jindal
Steel prices have fallen in the past few months due to global de-stocking but it should stabilise in the ... »
30 Jun 2010
Fortescue Says Gillard Must Better Rudd Position in Mine Tax Negotiations
Fortescue Metals Group Ltd., Australia’s third-largest iron ore miner, said new Prime Minister Julia Gillard must make more concessions o ... »
30 Jun 2010
Weak Gulf steel demand may lead to oversupply
Weak steel demand in the Gulf region might lead to oversupply in the market forcing prices to fall further in the coming weeks, steel traders said yesterda ... »
30 Jun 2010
China Guangxi Province To Reduce Coal Mines To 100 By End Of 2010
China's Guangxi Province planned to reduce its number of coal mines to 100 from 196 by the end of 2010, as per local news agencies. At present, coal demand at the region was 50 million tonnes ... »
30 Jun 2010
Rio Holders May Vote Against BHP Iron Ore Venture, RBS Says
Rio Tinto Group shareholders may vote down a proposed iron ore venture with BHP Billiton Ltd. because of the terms of payment, Royal Bank of Scotland Group Plc said.
&ldq ... »
30 Jun 2010
Angang: Some Chinese mills may incur losses in July
Zhang Xiaogang, general manager of Liaoning-based Chinese steel producer Anshan Steel (Angang), has stated that in July many Chinese mills may incur losses, and ... »
30 Jun 2010
Stainless Steel Market Becalmed As Lower Prices Anticipated
Seasonal effects on demand have combined with a fall in nickel prices to bring about a lull in stainless steel sales. Customers are attempting to control their inventorie ... »
30 Jun 2010
Japan Q2 crude steel output seen up 10.7 pct y/y
Japan's crude steel output is expected to grow 10.7 percent in the July-September quarter from a year earlier as relatively solid demand at home will help offset a likely sl ... »
30 Jun 2010
China backstops commodities pricing
CHINA'S appetite for raw materials has again powered a strong commodity price recovery over the past financial year. This continues to offset the slump in Western economies.
... »
30 Jun 2010
Shipping Ministry clears Kochi port proposal for land lease
The Shipping Ministry has accorded sanction to the Kochi port to lease out some of its prime properties of land for a period of 60 years to tide over the financi ... »
30 Jun 2010
Port Plans for Cargo Growth
As part of its recent initiatives to position the Port of New Yor ... »
30 Jun 2010
Ust-Luga to upgrade its long-term strategy
The master plan of Ust-Luga Port (Leningrad region) will be amended this year, the Ust-Luga JSC press release said. The company, attracting investors and developing the port ... »
30 Jun 2010
Kolkata port may partner SAIL, SCI in transloading
Kolkata Port Trust would like to join hands with Steel Authority of India Limited (SAIL) and the Shipping Corporation of India (SCI) in their bid to undertake transloading operation in the Bay of B ... »
30 Jun 2010
Bayonne dockers give thumbs up to Port Authority plan
Dock workers have been pushing for a container port to the Peninsula at Bayonne Harbour for years, saying the maritime industry ... »
30 Jun 2010
Russian Diesel Exports From Primorsk Port Will Increase by 24% Next Month
Russian exports of low-sulfur diesel from the port of Primorsk on the Baltic Sea will rise 24 percent in July, the highest in at least four months. Exports will increase by 121,000 metric ton ... »
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