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Worldwide Container Shipping news - Archive 2010, July
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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 Jul 2010
WeberSeas Weekly Market Report Week 30
Positive news all round and the market responding with all the indices having increased from last week's closings. ... »
31 Jul 2010
Bassoe Friday Report Week 30 Tanker chartering Crude
It has been another relatively slow week for the Vlcc s. In the
Meg rates have been under constant downward pressure as the list
of available tonnage continue to grow.
... »
31 Jul 2010
Gibson Tanker Report - VLCC Earnings - Back To 2009 Level?
July has proved to be the weakest month of this year for very large crude carriers. Daily
earnings on the Middle East/Japan trade have averaged $23,500/day,
... »
31 Jul 2010
Barry Rogliano Salles Weekly TANKER NEWSLETTER No 683
Although more than 110 VLCC fixtures have been concluded from
the Middle East Gulf for loading in July (which is the highest monthly
score so far this year),
... »
31 Jul 2010
Week Ending: 30th July 2010 (Week 30, Report No: 30/10)
Week 30/10 ended with 20 sales reported in the secondhand and demolition market. The highest
activity has been recorded in the newbuilding market with ... »
31 Jul 2010
Charles R. Weber Report Week 30 US gasoline demand starting to show signs of life...
With VLCC rates presently yielding returns not seen since November 2009 on the TD1 benchmark route and September on the TD3 benchmark route and the larger ... »
31 Jul 2010
Qatar to Supply Full Sept Land Crude Volumes to Asia
Qatar, one of OPEC's smallest producers, has notified at least two Asian buyers it will supply its Land crude at full contracted volumes for September, unchanged from August levels, trade sources said.
... »
31 Jul 2010
RP to hold tender offer for 100,000 MT sugar
The Sugar Regulatory Administration (SRA) will hold a tender offer for the importation of 100,000 metric tons (MT) of sugar Friday to ensure sufficient suppl ... »
31 Jul 2010
India: NTPC floats $1.5 bn tender for coal imports
India's largest power generation utility NTPC Ltd has floated an international tender for the direct procurement of 14.5 million tonnes of coal for the first time. Valued at around $1.5 b ... »
31 Jul 2010
Karnataka bans transportation of iron ore to ports
Karnataka, which is the second largest producer of iron ore in the country, has followed up its ban of export through 10 small ports in the State with a ban of ore transp ... »
31 Jul 2010
New iron ore pricing likely spot, contract and quarterly: Cliffs
Cliffs Natural Resources' Joseph Carrabba took time in the company's earnings call to discuss the changing dynamics of iron ore pricing as the global industry grapples with a move away from the de ... »
31 Jul 2010
Vale Says Global Steel Demand to 'Heat Up' as Profit Increased Fourfold
Vale SA, the world’s largest iron- ore producer, sees continued “strong” demand for the steelmaking raw material this year as Chinese economic growth accelerates.
... »
31 Jul 2010
China should cut foreign ore supply: CISA
China, the biggest buyer of iron ore, should reduce supplies by foreign companies to just one-third of its requirements by 2015 by boosting domestic output and investing overseas, the Chin ... »
31 Jul 2010
Wheat Surges, Heading for Biggest Monthly Advance Since 1973, on Drought
Wheat rose for a fourth day in Chicago, heading for the biggest monthly gain in more than three decades, on concern that drought in Russia and parts of Europe will crimp global supply.
Septem ... »
31 Jul 2010
Anglo American first half net profit down 31 pct but underlying earnings improve
Mining company Anglo American PLC said Friday it was resuming dividend payments as business improved in the first half of the year, although net profit slid by 31 percent ... »
31 Jul 2010
Indonesia's Adaro H1 coal output up 20 pct, sales 22 pct
PT Adaro Energy, Indonesia's biggest coal miner by market value, said on Friday that first-half coal output rose 20 percent while sales increased 22 percent.
The coal miner, ... »
31 Jul 2010
Italy, Greece to lift gold prices
Once again Europe has come to the rescue of gold, which has been witnessing a steady slide during the past few weeks. With Italy and Greece plunging into crisis again,
the uncertainty ... »
31 Jul 2010
SAIL sees steel prices firming up in next few months
The country's largest steel-maker, SAIL, sees steel prices firming up on the back of demand from construction and automobile firms and may revise the rates for its pro ... »
31 Jul 2010
Usiminas Says 'Excessive' Iron-Ore Surge Limited Quarterly Profit Increase
Usinas Siderurgicas de Minas Gerais SA, Brazil’s second-biggest steelmaker, said second-quarter net income was little changed after an “excessive” in ... »
31 Jul 2010
Vedanta 1Q Aluminum, Iron Output Up; Ebitda Falls Short
London-listed miner Vedanta Resources PLC Friday reported increased production of aluminum and iron ore in its fiscal first quarter, but sai ... »
31 Jul 2010
Cameroon iron project on track, Sundance says
Australian mining firm Sundance Resources has assured Cameroon's government its huge Mbalam iron ore project is on track despite a plane crash last month that killed its entire board of director ... »
31 Jul 2010
SAIL making JV with Posco, Kobe to set up plants
State-run behemoth Steel Authority of India Limited (SAIL) is all set to formally sign a joint venture agreement with Korean giant Posco by October to set up a 1.15 million tonne steel mill adjacent to i ... »
31 Jul 2010
Mining giants eyeing coal firm Aston
US-based Peabody Energy Corporation and Swiss mining giant Xstrata are und ... »
31 Jul 2010
Brazil cuts taxes on some imported steel plates
Brazil's government cut taxes on some imported steel products, citing a temporary shortage in supplies that could jeopardize production for capital good ... »
31 Jul 2010
Chile June copper output down 0.6 pct yr/yr
Chile, the world's No. 1 copper producer, said its output of the metal fell 0.6 percent in June from the same month a year earlier. In May, Chile's copper output dropped 5.4 percent from the same m ... »
31 Jul 2010
China port iron ore stockpiles up 1 pct this week
Stockpiles of imported iron ore at China's major ports climbed to 75.46 million tonnes this week, up 1 percent from last week, industry consultancy Mysteel said on Friday
Ch ... »
31 Jul 2010
Port of Tallinn's H1 income down 11%
The half-year consolidated net income of the Port of Tallinn shrank by 11% to 245m kroons (versus EEK 275m in H1, 2009), Baltic Course reports citing LETA/Nat ... »
31 Jul 2010
China Merchants to buy into Chu Kong river terminal
Chu Kong Shipping has entered into a strategic cooperation framework ag ... »
31 Jul 2010
Dredging of access channel to port of Beira, Mozambique begins
Dredging work on the main access channel to the port of Beira in Mozambique’s Sofala province, with the aim of allowing ships with a draught of up to 60 ... »
31 Jul 2010
Dredging of access channel to port of Beira, Mozambique begins
Dredging work on the main access channel to the port of Beira in Mozambique’s Sofala province, with the aim of ... »
31 Jul 2010
Shippers reject cargo delay penalty imposed by firm
Shippers have vowed not to pay a penalty for cargo delays imposed by the Mediterranean Shipping Company two weeks ago, terming it oppressive.
The Keny ... »
31 Jul 2010
Iran trade sanctions hit Dubai port
Taking the boat across Dubai's old creek is like a journey back in time. Back to the days when the ... »
31 Jul 2010
Seafarer wage hikes hit Asian flags
Coastal trading vessels in Asia flying flags such as Singapore, Malaysia and Japan are set to be hit with hefty increases in crewing costs, according to the latest issue of Seatra ... »
31 Jul 2010
CMA CGM records 41% H1 sales increase
CMA CGM SA, the French shipper reorganizing 5.4 billion euros ($7.1 billion) of debt, recorded a 41 percent surge in first-half sales as the global shipping recovery lifted price ... »
31 Jul 2010
China port iron ore stockpiles up 1 pct this week
Stockpiles of imported iron ore at China's major ports climbed to 75.46 million tonnes this week, up 1 percent from last week, industry consultancy Mysteel said on Friday
Ch ... »
31 Jul 2010
Nordic American Tanker Shipping Provides Update on Delayed Delivery of Suezmax Newbuilding
Nordic American Tanker Shipping yesterday announced that the delivery of its newbuilding suezmax -- the first of two scheduled for this year -- continues to be delayed. The Company h ... »
31 Jul 2010
Ships Agency Re-Defined Service Agreement signed with K Line LNG Shipping
Wilhelmsen Ships Service in the UK has secured a Service Agreement using its brand new “Ships Agency Re-Defined” initiative to provide husbandry servic ... »
31 Jul 2010
SCI first quarter net profit jumps 60 per cent to Rs191crore news
Shipping Corporation of India Ltd (SCI) has reported a 60 per cent year-on-year increase in its fiscal first quarter (April-June 2010-11) net profit at Rs191.49 crore compared with Rs119. ... »
31 Jul 2010
BIMCO participates in meeting with INTERPOL on piracy investigation
BIMCO together with among others OCIMF, INTERTANKO, ICS, IMB, UN Office on Drugs and Crime (UNODC) and the Federal German Police – participated in a meeting in INTERPOL’s head ... »
31 Jul 2010
Somalia: IMO, shipping industry, seafarers seek UN response to piracy
IMO, shipping industry, seafarers unite in seeking UN response to piracy and release of hostages held in Somalia Support from the United Nations Secretary-General Mr. Ban Ki-Moon to secure the release of hostages ... »
31 Jul 2010
Russia to regulate merchant navigation on the Northern Sea Route
The Russian Ministry of Transport has published a draft bill "On amendments to some RF’s federal legislative acts in the part of state regulation of commercial navigation on the route in the w ... »
31 Jul 2010
Q+A-What could have damaged Mitsui OSK's tanker?
A Japanese tanker may have collided with a submarine or a mine in the sensitive Strait of Hormuz oil shipping route, UAE port officials inspecting the ship said on Thursday.
Japanese shipper Mit ... »
31 Jul 2010
American Commercial Lines Names Senior Vice President and Chief Operating Officer
American Commercial Lines Inc. announced that William A. Braman, II has been appointed to the position of Senior Vice President and ... »
31 Jul 2010
Grupo TMM Consolidates Three Tranches of Mexican Trust Certificates Program Into One Issuance
Grupo TMM, S.A.B., a Mexican intermodal transportation and logistics company, announced yesterday that it consolidated the three tranches of its 20-year, non recourse Mexican Trust Certifica ... »
30 Jul 2010
Baosteel to build North West China largest steel production base in Xinjiang
It is reported that the largest steel production base in Northwest China, established by Baosteel Group was settled in Baicheng County, Aksu District of Xinjiang with the total ... »
30 Jul 2010
Hebei Steel still China's top mill in first half
China's Hebei Iron & Steel Group remained the country's biggest steel producer in the first half of the year after raising crude ... »
30 Jul 2010
Vale Second-Quarter Profit Quadruples to $3.71 Billion From $790 Million
Vale SA, the world’s largest iron- ore producer, said second-quarter profit rose more than fourfold because of surging prices for the steelmaking raw material.
Net income gained to $3.71 billi ... »
30 Jul 2010
Increase in Germany's import iron ore prices accelerates again in June
According to a report released by the German Federal Statistical Office (Destatis), in June this year the import price of iron ore increased by 38.9 percent year on ... »
30 Jul 2010
Rotterdam's buys in the Waalhaven basin 'other general cargo' throughput up to 245,000 tonnes in H1
In the first six months of 2010, 245,000 tonnes of ‘other general cargo’ have been handled ‘at the buoys’ in the Waalhaven basin. The 2009 tota ... »
30 Jul 2010
Definition of piracy at center of Va. hearing
A judge is considering a defense bid to toss piracy charges against six Somali nationals accused in an attack on a U.S. Navy ship.
At a hearing in Norfol ... »
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