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2 Sep 2010

Kuwait''s crude oil exports to Japan jump 34.3 percent

Kuwait's crude oil exports to Japan soared 34.3 percent in July from a year earlier to 6.82 million barrels, or 220,000 barrels per day (bpd), for the first rise in two months ... »

2 Sep 2010

PLN mulls 9 million tonnes coal import tender from 2011

Indonesia's state owned utility Perusahaan Listrik Negara is considering importing at least 9 million tonnes per year of coal starting in 2 ... »

2 Sep 2010

Iron Ore Imports May Total 650M Tons In 2010

China’s imports of iron ore in 2010 are estimated to total 650 million tons, reports China Securities Journal, citing Wu Wenzhang, an analyst from steelhome.cn. Wu estima ... »

2 Sep 2010

Scrap, iron ore and steel export markets improved in August

The Platts ferrous scrap and iron ore price assessments trended up in August by mostly double-digit percentages compared with July. Steel export prices from China a ... »

2 Sep 2010

China: Corn imports increase 56 times in quantity in first seven months

During the first seven months this year, China's trade deficits of agricultural products grew 61.9 percent to reach $13.05 billion, and corn imports grew 56 times, according to figur ... »

2 Sep 2010

China Power Cuts to Trim Steel Output, Lift Prices

Power restrictions by local governments in China, the biggest steelmaking nation, may lead to the suspension of 25 million metric tons of annual steel capacity, helping boost p ... »

2 Sep 2010

Asia Steel-China prices rise on improved market sentiment

Steel prices on the Chinese domestic market got a lift this week in anticipation of rising demand in September following the lull in July and August. Construction steel p ... »

2 Sep 2010

Rio Tinto's Walsh Sees 13% Drop in Iron Ore Prices as Chinese Demand Falls

Rio Tinto Group, the world’s second- biggest iron ore supplier, said contract prices for the steelmaking commodity will probably fall 13 percent, the first decline in three quarters ... »

2 Sep 2010

Ukraine to raise annual coal production to 90 mln tons by 2015. Makeevugol is among the leaders

Yanukovych said this during his trip to Stakhanov in Luhansk region. "The stock-taking of the coal industry has been completed. Sixty-three investment projects for nearly UAH ... »

2 Sep 2010

China's growth fuels increasing competition for raw materials

China's hunger for mineral resources has grown with its rise to become the world's second-largest economy. Today, the China factor is playing an increasing role on all raw materials market ... »

2 Sep 2010

Australia: Commodities fall narrows trade surplus, say economists

A sharp fall in coal and iron ore exports to China and India and one-off purchases of military aircraft are the factors behind a much lower than expected trade surplus, economists say. ... »

2 Sep 2010

Evraz says first half loss down to $270 mln

Evraz group, one of Russia's largest steelmakers, made a first half net loss to IFRS of $270 million, down by 73 percent year-on-year, the company said on Thursday. Revenues rose 3 ... »

2 Sep 2010

India: Steel companies raise prices

Cost pressures trigger a Rs 1,000-1,500 a tonne increase, after four months. Steel majors have increased prices of flat steel by Rs 1,000-1,500 a tonne after a gap ... »

2 Sep 2010

Coke prices hard to rise

At home, coke prices may rise slightly in the third quarter, but the prospect of a substantial turnaround remains dim. Solutions to the chronic overcapacity of coke and c ... »

2 Sep 2010

An 'august' month for bullion metals

Concerns about economic recovery increased the appeal of precious metals as an alternate investment in August. Prices registered substantial gains for the month of August Generally, a stro ... »

2 Sep 2010

Sugar Output in India May Jump 38% on More Planting, Rainfall, Survey Says

Sugar production in India, the world’s second-biggest grower, may surge by at least 38 percent after higher prices boosted planting and as rains improve yields, according ... »

2 Sep 2010

Port of Mumbai Eases Restrictions

India's Port of Mumbai eased restrictions imposed earlier on vessel movements following the MSC Chitra-Khalijia-3 collision in the main harbor channel Aug. 7. "Ships ... »

2 Sep 2010

Yuzhny Port's cargo turnover soars 53.4% in August to 1.638m tons

Freight traffic volume passing via Port of Yuzhny (Ukraine) surged by 53.4% in August compared with the same period last year, to 1.638 million tons, the company pr ... »

2 Sep 2010

Port of Felixstowe took delivery of the latest 2 ship-to-shore cranes

The Port of Felixstowe has taken delivery of the latest 2 ship-to-shore cranes for its Felixstowe South development. To be known as Berths 8&9, the first phase of the ... »

2 Sep 2010

US to Update Transshipment Practices

The U.S. Bureau of Industry and Security is seeking comment to update its best practices list for handling transit, transshipped or re-exported items subject to ... »

2 Sep 2010

Tallinn handling more Russian fuel oilTallinn handling more Russian fuel oil

The Estonian port of Tallinn shipped 2.349 million metric tonnes (mt) of oil products in August, most of it Russian fuel oil. Volumes were up 21% from the same month last year and up almos ... »

2 Sep 2010

50 ships, mostly Haldia-bound, waiting at Sandheads to find berth

The bunching of vessels at the Sandheads, the mouth of Hooghly, is causing concern to the authorities as well as users of Kolkata port, particularly Haldia dock. On Wednesda ... »

2 Sep 2010

NUTEP container throughput grows 22.3% in Jan.-Aug. to 83.126 TEUs

Cargo turnover of Novorossiysk Nodal Forwarding Company (NUTEP) in January-August 2010 amounted to 83,126 TEUs (+22,3% vs the same period in 2009), t ... »

2 Sep 2010

Port needs a big upgrade

The Port of Houston Authority needs to spend about $2 billion in the next decade to handle increased trade from Asia, take advantage of t ... »

2 Sep 2010

Coal inventory at Qinhuangdao port increases in August

In August, the volume of coal arriving via railway at the northern Chinese port of Qinhuangdao dropped slightly compared to the July volume. Coal delivered to the port of ... »

2 Sep 2010

Cargotec wins EUR 13 million worth of MacGregor hatch cover orders from Grieg Shipping

Cargotec has signed a contract to deliver MacGregor hatch covers for six 48,700 dwt open-hatch cargo ships ordered by Norwegian shipowner Grieg Shipping. The ships will be bui ... »

2 Sep 2010

Hamworthy launch new offshore pump range

Hamworthy Svanehøj has launched the first of what will become an entirely new range of combined sea water lift and fire pumps that meet the r ... »

2 Sep 2010

DNV Petroleum Services appoints john Gilligan as global sales & marketing manager

DNV Petroleum Services (DNVPS), the shipping industry’s leading provider of marine fuel management solutions, has appointed Mr John Gilligan to the position of Global Sales & Ma ... »

2 Sep 2010

Severn Trent De Nora's Ballast Water Management System Recommended for Final Approval

The BALPURE® ballast water management system from Severn Trent De Nora has been recommended for final approval at the upcoming International MaritimezOrganization’s Marine Environment ... »

2 Sep 2010

Shortage of Shipping Containers - Bottleneck for Exports

Finnish export industries are suffering from a shortage of shipping containers. Demand for containers for export goods exceeds supply coming from imports. Factors limiting the av ... »

2 Sep 2010

SMM 2010 - GL - Your competitive edge

The maritime industry is entering a new era in which the conditions have changed. To come out ahead, market players must to be better prepared for current and future challenges s ... »

2 Sep 2010

Some bunker samples are still failing the new ECA test

Fuel testing agency Lintec Testing Services says that of the fuel samples it has tested in the last four months, 7.5% exceeded the limit of 1% sulphur content specified un ... »

2 Sep 2010

Dry bulk rates seen coming close to all-time lows

Freight rates for dry bulk carriers could tumble near historic lows next year as new ships flood the market and iron ore demand in China weakens, said the head of Preciou ... »

2 Sep 2010

River freight limit irks shippers

Private shipping operators are blaming the shipping ministry for a move to issue licences for the first container river route -- Chittagong Port and Pangaon inland container termi ... »

2 Sep 2010

Shipper taps partner

Chu Kong Shipping Development (0560) says it may cooperate with China Merchants Holdings (International) (0144) in both finance and real estate. The shipping agency is particularly i ... »

2 Sep 2010

Deep Sea Supply reports fleet revenues growth in Aug 2010

Listed oil service provider Deep Sea Supply (OSL: DESSC) said its fleet of 16 anchor-handling tug and supply (AHTS) vessels had an average daily gross income of some USD18,000 p ... »

2 Sep 2010

Brazil Shipping Report Q4 2010

The pace of recovery in Brazil's maritime sector in 2010 has taken many by surprise, with throughput at the country's largest port, Santos, building on last year's unexpe ... »

2 Sep 2010

Watchkeeper: The chemistry of design

What is the most important science to be applied in the design of ships? A strong case can be made for chemistry – not the science of formulae and test tubes, but th ... »

2 Sep 2010

Increased oil global demand to boost up freight rates in 2010

A report prepared by KFH Research Limited on the shipping industry, points out that the industry started to improve and that the current situation in ... »

2 Sep 2010

Brazil state says makes big iron ore find

Brazil's Mato Grosso state government said on Wednesday it had registered a major mineral deposit discovery with an estimated 11.5 billion tonnes of iron ore of a 41 percent Fe gr ... »

2 Sep 2010

Chinese company to build Venezuela port terminal

Venezuela has signed an agreement with a Chinese company to build a new shipping container terminal at its largest cargo port. Venezuelan Transportation Minister Francisco Garces say ... »

2 Sep 2010

Newcastle secures expansion funds

Finance has been secured for an A$900m (US$807m) expansion at Newcastle, the world’s largest coal export port, with export capacity at the New South Wales port planned to ... »

2 Sep 2010

India: Mundra Port's New Terminal Starts Operating

Adani group firm Mundra Port has commenced operations at its 20-million tonnes port at Dahej in Gujarat, the company said today. The port will cost a total of Rs 1,150 cr ... »

2 Sep 2010

Liverpool container ship terminal plans may be stopped by new environmental guidelines

PLANS to build a giant container ship terminal in Liverpool may have to be scrapped because of new environmental guidelines designed to protect ... »

2 Sep 2010

Somali sea piracy threatens to global economy: Turkish rear admiral

The new Commander of Combined Task Force 151 (CTF-151) Rear Admiral Sinan Ertugrul said Thursday sea piracy threatened not only regional economy but global economy as ... »

2 Sep 2010

Supertanker rates remain depressed by surplus ships

A surplus of supertankers competing for two million-barrel cargoes of Middle East crude oil stayed unchanged, undermining owners who have refused charters to try to halt a colla ... »

2 Sep 2010

Cotton demand-supply to achieve parity in 2011

World cotton production and consumption are forecast to roughly balance at 25.1 million tons in 2010/11, as a result of a 15% rebound in production and a 2% increase in mill us ... »

2 Sep 2010

Hebei to Make It a Steel Giant Province

Hebei Province unveiled a list of the province's top 100 enterprises in 2010 including 33 steel mills. Hebei Iron and Steel came to the No.1 with revenues of 177.09 billion ... »

2 Sep 2010

Copper Trades Near Four-Month High After U.S., China Manufacturing Data

Copper in London traded near a four- month high, extending yesterday’s advance, after better-than- expected economic data in U.S. and China, the two biggest consumers, boosted ... »

2 Sep 2010

MSC Returns Some Calls to Maher Terminal

Mediterranean Shipping Co. switched calls by two of its trans-Atlantic services, USA 1 and 2, back to Maher Terminal from the Port Newark Container Terminal as of Sept. 1. MSC is also bringing back to ... »

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