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Clyde & Co advises
 

Clyde & Co advises on joint venture between DOT Holdings AS and Pacific Radiance Limited


International law firm Clyde & Co advised DOT Holdings AS on the establishment of a joint venture in Singapore with Pacific Radiance Limited. The joint venture company will be engaging in the business of owning and chartering offshore support vessels. … Continue reading

 
Shipping Industry
 

Shipping Industry Wants Green Initatives But Needs More Options


A recent survey carried out by the Institute of Marine Engineering, Science and Technology (IMarEST) together with Colfax Fluid Handing, a leader in pumps, systems and Smart Technology solutions for the marine industry, has highlighted that 88% of the industry … Continue reading

 
Shenzhen port
 

Shenzhen Yantian Port Holdings Net Profit Down 3.8pc to Us$66 Million


SHENZHEN Yantian Port Holdings posted a net profit of 3.8 per cent year on year to CNY16.3 million (US$2.6 million) in 2012, drawn on revenues of CNY22.29, down 12.2 per cent. It’s subsidiary, Yantian International Container Terminals (YICT), handled 2.89 … Continue reading

 
G6-Alliance-Moves-Launch-of-Asia-Europe-Service-Up-to-March
 

G6 Alliance announces Asia-U.S. West Coast Winter Programme


In response to seasonal changes in market demand, the members of the G6 Alliance have announced the temporary suspension of their Central China (CC2) service between Asia and the U.S. West Coast until further notice. The last sailing for CC2 … Continue reading

 
China steel
 

India Steel output up by 2.5% in September,slight dip in Global output


World crude steel production for the 65 countries reporting to the World Steel Association (worldsteel) was 134 million tonnes (Mt) in September 2014, a slight decrease of -0.1% compared to September 2013. India produced 6.8 Mt of crude steel, an … Continue reading

 
NAVICO ACQUIRES MARIS
 

NAVICO ACQUIRES MARIS (MARITIME INFORMATION SYSTEMS A/S)


Navico Holding AS, parent company to the Simrad brand of navigational marine electronics, has reached an agreement to acquire MARIS (Maritime Information Systems A/S) from The Grieg Group. MARIS is a leading supplier of data solutions to the commercial maritime … Continue reading

 
Nordic Maritime
 

Nordic Maritime is awarded 2D Marine Seismic combined with OBN by Mitra Energy


Singapore-based offshore specialist Nordic Maritime in collaboration with PT. Alamjaya Makmur Sejahtera, was awarded a contract worth more than USD2 million to provide 2D seismic marine acquisition services utilising OBN (Ocean Bottom Node) technology to Mitra Energy Indonesia. Nordic Maritime’s … Continue reading

 
9192014Ebola-Virus-400x300
 

Shipping lines maintain services in Ebola-hit countries


THE world’s top container shipping line are determined to maintain services to Ebola hit Liberia, Sierra Leone and Guinea despite seeing a considerable drop in cargo volumes over the past few weeks. Fear of contamination from exported goods has dampened … Continue reading

 
Indonesian thermal coal
 

South Korea Sep thermal coal imports down 1% year on year to 7.06 million mt


South Korea’s imports of thermal coal in September fell 1% year on year to 7.06 million mt, which was 9% down from August to the lowest monthly total this year as flows from Indonesia continued to decline, customs data showed … Continue reading

 
images
 

Ports worldwide restrict ship entry from Ebola hit countries


SHIPS that have called in a West Africa country affected by the Ebola outbreak are required to contact their local agents before arrival at ports of call for the latest country specific advice, an advisory from the International Transport Intermediaries … Continue reading

 
01-09-12  Khalifa Port opening Abu Dhabi-PMV-LOG
 

India: Cochin Port Trust aims higher cargo movement to Maldives


The Cochin Port Trust is exploring ways to promote cargo movement to Maldives Port through a regular shipping service. A lot of Indian origin produce are now routed to Maldives through Colombo, Dubai and Singapore and there is a scope … Continue reading

 
Shipping Rates
 

What’s Left In Shipping’s Aladdin’s Cave, Captain?


Eleven years ago in 2003, when China opened its doors and the steel boom got underway, the shipping community was suddenly presented with an Aladdin’s Cave of cargo. Unlike Japan and Korea, China had not locked in the fleet of … Continue reading

 
ics 1
 

Ending ship pollution fund too soon risks damaging litigation: ICS


A SYSTEM of compensation for oil pollution from ships is at risk because governments plan to end the 1971 International Oil Pollution Compensation Fund (IOPCF) this week, reports London’s Tanker Operator. At this week’s IOPCF meeting in London, the International … Continue reading

 
Virginia port
 

Virginia port erases quarterly loss as monthly volume hits 201,113 TEU


THE Port of Virginia posted an 8.6 per cent year on year container volume increase in September to 201,113 TEU, recording the third straight month throughput hit 200,000 TEU. It also erased last year’s US$3.4 million quarterly operating loss with … Continue reading

 
The big fight for port cargo
 

Report reveals strong annual Shanghai shipping figures


A new report on Shanghai’s shipping sector has revealed an encouraging set of annual operating figures and also highlighted various issues, particularly regarding the city’s free trade zone launched in September last year, which are being addressed as it closes … Continue reading

 
nigerian oil workers
 

Oil Workers Earning $179,000 Expose Norway to Crude Crash


Norway, where oil helped create one of the world’s most stable and prosperous societies, is among the most exposed to falling crude prices. Though the blessings of energy wealth have hardly turned to a curse, the industry’s labor costs, which … Continue reading

 
Oil Demand
 

Oil falls below $86 as oversupply, global economy worries weigh


Brent crude fell on Monday, dropping below $86 a barrel as worries about booming supply and sluggish demand pushed the global oil benchmark back toward last week’s four-year low. U.S. crude hovered below $83 a barrel. Brent tumbled more than … Continue reading

 
the_shipping_tribune_logo
 

Emerging Opportunities In Indian Ports and Shipping Sector


The Shipping Tribune is pleased to announce “Emerging Opportunities In Indian Ports and Shipping Sector” a one day conference on February 6th, 2015 at Holiday Inn, Andheri (East), Mumbai, Introduction & Objective The emerging -global economy has opened up new avenues … Continue reading

 
Shanghai 380 CST bunker fuel
 

Falling bunker fuel prices pull down dry bulk and tanker freight rates


Falling bunker fuel prices are putting downward pressure on freight rates for dry bulk and tanker vessels operating in Northwest Europe, market sources said. Freight rates Panamax coal route from Ventspils, Latvia, to Rotterdam, basis 70,000 mt, were assessed Thursday … Continue reading

 
Shipping Industry Works to Reduce Greenhouse Carbon Emissions
 

Emissions from shipping set to sky rocket if not regulated says report


The commercial shipping sector is responsible for a billion tonnes of greenhouse gas emissions a year, a little more than Germany, and its contribution is set to skyrocket, according to a new pressure group report. Bill Hemmings, of pressure group … Continue reading

 
los Angeles port 1
 

LA’s September’s container volume up 9pc to 775,133 TEU


POSTING its highest monthly box volume since 2006, the Port of Los Angeles’ September container throughput was up nine per cent year on year to 775,133 TEU. Year-to-date volumes were up 7.8 per cent to 6.3 million TEU. September exports … Continue reading

 
Asia-Europe SCFI rates
 

Asia-Europe rates fall, but transpac up 11.5pc to US$1,239/FEU


THE Shanghai Containerised Freight Index (SCFI) fell 51.69 points to 911.03 last Friday, but also registered a US$248 gain to hit $2,139 per FEU to the US west coast. And rates from Shanghai to the east coast of South America … Continue reading

 
The Indian Ocean Piracy Stakes
 

The Indian Ocean’s $18-Billion Piracy Stakes


“(The) Indian legal system lacks (a) clear and unambiguous mechanism to prosecute maritime pirates.. Piracy off the coast of Somalia has been a threat to international shipping and trade.” This was Ranjit Sinha, chief of Central Bureau of Investigation (CBI), … Continue reading

 
maersk ship
 

Maersk ups rate US$900/TEU as Shanghai index ends week at $705/TEU


MAERSK Line, the world’s biggest container carrier, is raising its Asia-north Europe rate by US$900 per TEU from November 1 after rates had fallen as low as $600. According to the Shanghai Containerised Freight Index, spot Asia-Europe rates stood at … Continue reading

 
 
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