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Worldwide Container Shipping news - Archive 2010, May
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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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31 May 2010
StealthGas INC Weekly Market Report 21/May/10 - 28/May/10
NWE/MED -
As anticipated, it has been a week with limited activity for the European coaster mrkt with a few requirements shown in the mrkt both ... »
31 May 2010
Container shippers unfazed by debt crisis
The demand momentum for container shipping lines in Asia is expected to remain strong despite the looming sovereign debt crisis in Europe. Generally, c ... »
31 May 2010
China rumored to be planning to cut tax on domestic iron ore
With the big three iron ore mining giants - Vale, BHP Billition and Rio Tinto - achieving the switch to a quarterly pricing system and also obtaining their ... »
31 May 2010
Commodities plunge amid market turmoil
Commodities in May experienced their steepest monthly decline in 18 months. Key sector index was down more than eight per cent, as the European debt crisis roiled energy, ... »
31 May 2010
Port Otago a step closer to handling 8,000 teu ships
The world’s most southerly container port is a step closer to being able to accept 8,000 teu class container vessels. Port Otago has lodged a resour ... »
31 May 2010
BHP-Mitsubishi to Shut Coal Berth at Australian Port
BHP Billiton Mitsubishi Alliance, the world’s largest steelmaking coal exporter, will close a berth at its Hay Point port in Queensland for more than a month to install equipment at ... »
31 May 2010
Ship captain detained due to dredging
The Region 7 office of the Department of Environment and Natural Resources (DENR) has ordered the arrest of ship captain Ramon Trazo of MV Hamako 2 last Saturday for failin ... »
31 May 2010
Sakhalin Shipping posts Q1 loss of 39m rubles, down 14 percent
Sakhalin Shipping Company reported first-quarter net loss of 38,995 million rubles, according to Russian Accounting Standards (RAS), a 14.3-percent drop from Q1, 2009. The Comp ... »
31 May 2010
Yemenite fisher men in distress are receiving help from EU NAVFOR warship FS Guepratte
Yesterday evening EU NAVFOR warship FS Guepratte stopped to assist Yemenite fisher men in distress. Now she has been towing the Yemenite fishing vessel all night and awaits ... »
31 May 2010
Obama piracy order 'unhelpful,' ship owner groups say
A U.S. presidential order that may criminalize ransom payments to pirates in Somalia is "unhelpful," according to groups representing most of the world's shipowners. & ... »
31 May 2010
Palmali buys Tsuneishi aframax pair
Leading Black Sea shipping line Palmali from Azerbaijan has signed a contract for two aframaxes at Japan’s Tsuneishi shipyard. The 107,400 dwt ships cost $60m each, with the first one ... »
31 May 2010
Intermodal Weekly Market Report Week 20 Broker's insight
One very interesting and scarcely covered topic of world growth is that of the
rising Chinese industrial presence in Africa over the past 5 years. The "Tazara
line" (a 1970's investment by the Chinese Government in the Afr ... »
31 May 2010
Steel prices fall on China real estate policy
As the Chinese government released its macroeconomic policies to rein in property prices, steel prices began to decline in May. A bumper steel production & hike in Re ... »
31 May 2010
Pakistan Purchases 100,000 Tons of White Sugar at $558 a Ton
Pakistan’s Trading Corp. purchased 100,000 tons of white sugar from China’s Yunnan Coal & Chemical Industry Group Co. Ltd. at $558 a ton, according to a stat ... »
31 May 2010
India, China drive growth in global steel consumption
The first decade of the present century is a watershed in the annals of Indian steel industry. The global recession and the severe financial meltdown in late 2007 completed the pr ... »
31 May 2010
SAIL says steel prices set to fall
Steel Authority of India (SAIL), the country’s largest steel producer, has hinted at a reduction in prices in line with the downward trend overseas. “In the last three to four weeks, global s ... »
31 May 2010
Steel prices fall on China real estate policy
As the Chinese government released its macroeconomic policies to rein in property prices, steel prices began to decline in May. A bumper steel production & hike in Re ... »
31 May 2010
Antwerp Takes Stake in DP World Terminal
The Antwerp Port Authority acquired a minority stake in a Belgian inland container terminal outside the port area that will be operated by DP World, the global ports g ... »
31 May 2010
Shipping Corp. FY10 net plunges to 3,769 mn
Shipping Corporation of India (SCI) has announced the following results for the quarter & year ended Mar. 31, 2010. The company has posted a net profit of Rs 3,769.10 million for the ... »
31 May 2010
NOL Chief Says Private Infrastructure Investment Needed
With public budgets stretched thin, governments should be doing more to encourage private investment in needed infrastructure, the CEO of Neptune Orient Lines told an international panel of transport minis ... »
31 May 2010
MISC's changes in boardroom a concern
For the record, its current president and chief executive officer Amir Hamzah Azizan would be resigning from his current position to assume a senior leadership position within (parent) Pe ... »
31 May 2010
China Shipping Report Q3 2010
An intriguing sign of the times for China's ports and shipping sector emerged in March, when Shanghai and Ningbo-Zhoushan, the two largest ports in the country, which are tradi ... »
31 May 2010
Nakilat And Qatargas Announce The Delivery Of LNG Carrier 'Aamira'
On May 28th, 2010 another of the world's largest and most advanced Q-Max LNG carriers was delivered to Nakilat and Qatargas at Samsung Heavy Industries Co. Ltd. shipyard on Geoje Islan ... »
31 May 2010
Singapore still battles oil slick after tanker, cargo ship collision
Singapore continued Saturday to grapple with an oil slick spreading to its shores after an oil tanker collided with a bulk carrier off the eastern coast of the isla ... »
31 May 2010
Fuel Oil Shipments to Singapore May Rise 10%
Fuel oil shipments to Singapore may increase as much as 10 percent next month as prices rise in Asia, encouraging exports from Western Europe, Russia and the U.S. Gulf of Mexico. As ... »
31 May 2010
China's oil imports from Kuwait hits new record
Kuwait's General Administration of Customs said country's crude oil exports to China grew 17.8 percent in April to a record high of 1.081 million tons. In a report issued h ... »
31 May 2010
GrainCorp sees Australian dollar lifting exports
Australian wheat exports are expected to get a lift from the weakness of the local dollar and exporters are already booking more ship berths at export terminals, grain h ... »
31 May 2010
China Steel Exports 'Hard to Sustain' on Oversupply
Strong growth in steel exports from China, the largest producer, will be “hard to sustain,” as the global market is oversupplied, said an of ... »
31 May 2010
TSI iron ore index sees sharp falls in May
The Steel Index (TSI) daily iron ore spot reference price for 62% Fe content fines finished May at US$145.20 per dry metric tonne CFR Tianjin port in China. This is d ... »
31 May 2010
MEPS North American average steel prices set to decline in second half of 2010
HOT ROLLED COIL - Although US transaction prices have started to erode this month, some mills are still claiming full order books. Nevertheless, buyers ... »
31 May 2010
Brazil's Vale to raise iron price 35 pct: report
Brazilian mining company Vale will raise iron ore prices about 35 percent to as much as $145 per tonne in July as part of a switch to quarterly pricing, a Brazilian newspaper reported on Sunda
Market ... »
31 May 2010
Commodity Trends: Rally on easing China concerns
Industrial commodities again rallied strongly towards weekend as China reassured markets that it was not overanxious about its euro zone investments. China's denial of a Wednesday ... »
31 May 2010
Rio's Chief Says Mining Tax Creates 'Silent Partner'
Tom Albanese, chief executive officer of Rio Tinto Group, said Australia’s plan to boost taxes on resources producers would make the government a “silent partner” in bus ... »
31 May 2010
Xinjiang to deliver over 10 million tonnes of coal in 2010
It is reported that Xinjiang coal production in 2010 tries to reach 100 million tonnes. In 2009, less than 10 million tonnes of Xinjiang coal was delivered outside the area due to insufficien ... »
31 May 2010
Morocco seen producing 3.8 mln T soft wheat: ONICL
Morocco is likely to produce 3.8 million tonnes of soft wheat this year and damage to the crop from recent adverse weather is limited, the head of state grains agency ONICL said. Last ... »
31 May 2010
Strong is steel for Saudi Arabia
Known for its richness in petroleum resources, Middle East region is now emerging as a strong contender for steel industry as not only government-backed projects but also indep ... »
31 May 2010
DP World starts marketing of Vallarpadam terminal
DP World has already started marketing initiatives for its proposed International Container Transhipment Terminal (ICTT) at Vallarpadam and there has been a good response from the international shipping lines for th ... »
31 May 2010
First container river terminal to open in January
The first Inland Container River Terminal being built at an estimated cost of Taka 177 crore is likely to open early next year in the Buriganga River at Pangaon in Keranigan ... »
31 May 2010
Italian port reform to go ahead
The Italian government has approved draft legislation that will reform the structure of Italian ports. According to Transport and Infrastructure Minister, Altero Ma ... »
31 May 2010
India: After highways, infra interest in port projects picking up
Around 17 major port projects are to be awarded this year. Highway projects are not the only area which will hold the interest of infrastructure compani ... »
31 May 2010
Cochin to Grant Transshipment Concessions
India’s Port of Cochin will offer concessions on vessel-related charges for mainline container vessels calling at its International Container Transshipment Termi ... »
31 May 2010
India: Shipping secretary reviews progress of ICTT
Union Shipping secretary K Mohandas reviewed the progress of the construction work of the Vallarpadom International Container Transshipment Terminal (ICTT), and its ... »
31 May 2010
Serious shortcomings with liferaft hydrostatic release units
In our ambition to save lives and maintain a high level of safety at sea world-wide we find it important to forward this Safety alert published by the Swedish Transport Agency on the 25 of ... »
31 May 2010
Maersk Tankers sees tough but profitable 2010
Tanker shipping rates have risen after a "disastrous" 2009, and though tanker earnings will be below historic averages in 2010, the business should be profitable, the head ... »
31 May 2010
United Kingdom: Decarbonising The Shipping Sector - Extension Of The EU Emissions Trading Scheme
The problem: shipping emissions estimated to rise by up to 250 per cent by 2050 It is estimated that approximately 75 per cent of the world's trade is carried by ships an ... »
31 May 2010
Iran orders six Chinese LNG tankers
Iran has ordered six tankers from China to transport the liquefied natural gas (LNG) it hopes to export from its giant gas reserves, the semi-official Fars news agency reported on Sunday. ... »
31 May 2010
Secondhand Bulk Carrier Prices continue to rise
Secondhand values have maintained the upward trend that started at the end of 2008. At that time a five year old 74,000 dwt standard Panamax could be obtained – or rathe ... »
31 May 2010
High supertanker demand fails to stem supply growth
The highest monthly demand for supertankers in more than two years failed to curtail an expansion in the number of vessels seeking cargoes in the Middle East, ... »
31 May 2010
Philippines: Lower fuel prices will help shipping industry recover
Declining fuel prices and the country’s improved economic prospects will help the shipping industry rise from its depressed state, according to Aboitiz Transport Systems Corp. (ATS).
T ... »
31 May 2010
Clipper loss of 600 million kroner in 2009
The Copenhagen based shipping company, Clipper, came out of 2009 with a deficit of 600 million Danish kroner, not least caused by the unfortunate investment i ... »
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