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India’s port
 

Why five of India’s 12 state-owned ports are running in losses


What is common to India’s state-owned ports such as Kolkata, Chennai, Kochi, Mormugao and Mumbai except that they are all located in the heart of the cities from where they derive their respective names? Out of the 12 ports owned … Continue reading

 
JNPT container terminal
 

Massive Improvement in Inter Terminal Transfer of Tractor-Trailers at JNPT Leads To 46% Growth Using The Facility


After the successful implementation of Inter Terminal transfer of tractor-trailers from GTI to JNPCT and vice versa, ITT movement from JNPCT to NSICT and NSICT to JNPCT has also been started from 24th March onwards. In the month of March on an average … Continue reading

 
container shipping sector
 

Container shipping to see another year of excess growth: Drewry


Despite positive growth momentum, the container shipping industry continues to suffer new, big ship deliveries with no let-up to the ordering frenzy according to the Container Forecaster, published by Drewry Maritime Research. Drewry forecasts another year of excess growth in … Continue reading

 
India’s merchandise export
 

India: Exports fall 21% in March, most in nearly 6 yrs


Merchandise exports contracted a steep 21.06 per cent in March, the most in 67 months. This pulled down overall exports in 2014-15 by 1.23 per cent, the second decline in three years, as petroleum prices softened and demand abroad remained … Continue reading

 
port of Nagoya
 

Port of Nagoya’s box volume drops 6.8pc in January to 202,856 TEU


CONTAINER volume at the Port of Nagoya in central Japan fell 6.8 per cent in January year on year to 202,856 TEU, according to the Nagoya Port Authority. Within this total 191,041 TEU came from foreign trade, down 7.3 per … Continue reading

 
zim
 

Zim to order first newbuildings since crash, to get 13,000-TEUers


ISRAELI flag carrier Zim Integrated Shipping Services is planning its first newbuilding orders since the financial crash, having signed letters of intent with a dozen Asian yards, reports Oslo-based Tradewinds. Zim has not ordered newbuildings for nearly a decade, having … Continue reading

 
MacGregor Logo
 

Suezmax shuttle tankers benefit from MacGregor’s Pusnes bow loading systems


MacGregor, part of Cargotec, has secured contracts to supply Pusnes bow loading systems for three newbuild shuttle tankers intended for operations in Brazilian waters. The order was booked into first quarter 2015 order intake. South Korean shipyard Sungdong Shipbuilding & … Continue reading

 
Simrad
 

See near and far with revolutionary, new Simrad HALO Radar


Today, the Simrad HALO™ Pulse Compression Radar range – the world’s first high-performance recreational solid-state, open-array radar system with pulse compression technology – was revealed to boating consumers worldwide. Combining the advantages of Broadband Radar™ (also introduced by Simrad Yachting … Continue reading

 
Iron Ore Mine
 

World’s Lowest Cost Iron Ore Miner Turns Screw on Rivals


Rio Tinto Group Chief Executive Officer Sam Walsh is fast becoming the worst nightmare of rival iron-ore producers starved of cash. Iron ore prices have slumped by more than half in a year on a deepening global supply glut. That’s … Continue reading

 
oil (2)
 

US energy imports and exports to come into balance


The United States has been a net importer of energy since the 1950s. But the new projections by EIA signals U.S. energy imports and exports may come into balance in coming years. The United States is currently an exporter of … Continue reading

 
India Dry Bulk Cargo Summit 2015 copy
 

“India Dry Bulk Cargo Summit 2015″- Receiving Global Participation


The Shipping Tribune is pleased to announce “India Dry Bulk Cargo Summit 2015″ A One Day Conference on 5th June 2015 at Holiday Inn, Andheri (East), Mumbai. Industry professionals from different parts of the world are participating in this conference, making the … Continue reading

 
India’s coal imports
 

India to overtake China as biggest thermal coal importer


India is set to overtake China as the biggest importer of power-station coal, emerging as the leader of a clutch of regional nations that miners including Glencore Plc and BHP Billiton Ltd can tap for new orders. Indian thermal-coal imports … Continue reading

 
Handysize freight rates
 

Baltic-UKC dirty Handysize freight rates near 6-month low on lackluster inquiries


The cost of sending 30,000 mt dirty product and fuel oil cargoes from the Baltic Sea to the UK Continent has fallen to the lowest level in almost six months because of a lack of charterer inquiries in the Baltic … Continue reading

 
Deltamarin Ltd
 

First B.Delta68 SUL bulk carrier ordered


Deltamarin’s B.Delta family has scored further success as the Vulica Shipping Co. Ltd ordered the first ever B.Delta68 SUL (Self-Unloading) vessels. The order for the two bulk carriers was placed with the Chinese Jiangsu Hantong Ship Heavy Industry Co. Ltd. … Continue reading

 
duisport logo
 

Significant increase in sales revenue and profits for duisport Group


The duisport Group generated a total operating performance of EUR 198 million during the 2014 business year. The company’s performance, including revenues from strategic participations, increased by 13% compared to the previous year (2013: EUR 175 million), reaching a new record. In the case of … Continue reading

 
Containership
 

Spot rates to remain weak on Asia-Med trade until mid-June: Drewry


WEAKENING demand growth, rising supply of containership slots and market changes will hold spot rates down on the Asia-Mediterranean trade lane until the mid-June peak season, predicts London-based analyst Drewry. According to the Shanghai Containerised Freight Index, spot rates on … Continue reading

 
Maritime Research Institute Netherlands logo
 

Dutch consortium to set new standards in fast small ship simulator training


New simulator will improve training and cut costs for the operation of small, fast ships in vital roles with the Dutch navy. A world-leading joint venture between the Marine Research Institute Netherlands (MARIN) and the Dutch Ministry of Defence will … Continue reading

 
GEORGIA Port Authority
 

Savannah up 27.8pc in March to 333,058 TEU, breaks October record


THE Georgia Ports Authority has announced a record increase in container volume through the Port of Savannah in March, up 27.8 per cent year on year to 333,058 TEU, setting a new monthly high last established in October. “We are … Continue reading

 
hong kong port
 

Hong Kong down 13.5pc in March to 1.63 million TEU, Singapore off 3.5pc


FIGURES fromthe Hong Kong Marine Department showed the port handled 1.63 million TEU in March, representing a year-on-year decrease of 13.5 per cent from 1.88 million TEU in March last year. Singapore’s Maritime and Port Authority reported a 3.5 per … Continue reading

 
South Korean refiners
 

South Korean refiners raise imports of Russian crude oil to fill storage tanks


South Korean oil refiners have increased their imports of Russian crude oil despite relative higher prices as they sought to fill storage tanks to take advantage of a contango in the market. The country’s top oil refiner SK Innovation imported … Continue reading

 
Mr. Neeraj Bansal
 

We Are Bringing In More Productivity and Efficiency: Mr. Neeraj Bansal, Chairman, JNPT


As the country’s ‘Make in India’ campaign gathers steam, Jawaharlal Nehru Port Trust (JNPT), our country’s largest port terminal, has been marching ahead. It has been in the news lately for an increase in its cargo handling for the fiscal … Continue reading

 
Baltic sea freight
 

Baltic sea freight index up on higher rates for bigger vessels


The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities inched up on increased rates for bigger vessel segments. The index, which factors in average daily earnings of capesize, panamax, supramax and handysize dry … Continue reading

 
bimcologo
 

Chinese slow down confirmed in Chinese and IMF data


The Chinese economy grew by 7.0% y-o-y in the first quarter of 2015, according to National Bureau of Statistics in China. This is the weakest overall growth in six years. Growth during the quarter was strongest in the industrial sector … Continue reading

 
LNG Masterplan
 

LNG emergency and incident response guidelines for inland navigation are available now


Safety around Liquefied Natural Gas (LNG) is a hot topic, now that LNG is more and more becoming the fuel of the future. The results of a recent LNG emergency and incident response study are a big step forward in … Continue reading

 
 
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