Author Archives: Editor

Australia’s Newcastle coal shipments off 24% last week, vessel queue peaks

The performance of the Hunter Valley supply chain for coal exports in New South Wales, slipped to an 11-week low in the seven-day period to 7 am Australian Eastern Daylight Time Monday (2000 GMT October 30) at 1.86 million mt … Continue reading

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How does smoking starve your heart of oxygen?

Bodily Organs Image Gallery See more pictures of bodily organs. Kicking the Habit Is quitting smoking contagious? Why is it so hard to quit smoking? More nicotine in cigarettes? ­Smoking is one of mankind’s crueler pastimes. You try out cigarettes. … Continue reading

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Tanker market volatility more obvious than ever

Tanker owners are having to withstand significant challenges when planning out their chartering strategies, as evidenced by the major highs and lows that the markets can experience within a short period of time. The latest analysis from London-based Gibson points … Continue reading

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Ship finance in China: key developments and challenges

China’s shipbuilding industry has developed rapidly over the past few years partly due to strong demand for newbuilding vessels from Chinese shipowners. China had set its sights on becoming the world’s biggest shipbuilder by 2009, and by 2010/2011 China will … Continue reading

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Dry bulk market’s correction “spills” over onto new week

Tuesday, 01 November 2011 01:00 The dry bulk market is losing steam, as evidenced by the falls experienced last week, which were also apparent at the beginning of the new week. A lot of this fall is stemming from the … Continue reading

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Vessel operating costs expected to rise

Tuesday, 01 November 2011 01:00 Vessel operating costs are expected to rise by 3.8% in 2011 and by 3.7% in 2012, with lube expenditure and crew costs identified as the categories most likely to produce the highest levels of increase, … Continue reading

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Cell Phones and Brain Cancer??

Cell Phones and Brain Cancer www.youtube.com There isn’t any evidence that proves that cell phone use causes brain cancer, but our brains are sensitive to the to a cell phone’s electromagnetic waves. Th…

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DP World wins third Seatrade Container Terminal Operator award in a row (NSICT bags the Environmental Protection Award)

Source: dstnews UAE: DP World, UAE Region has won the prestigious Container Terminal Operator award for a third consecutive year at the annual Seatrade Middle East & Indian Subcontinent awards recently. Global port operator DP World was also the recipient … Continue reading

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NYK, Evergreen, Hanjin trio launches ICS to link Far East with India from Oct 29, 2011

Source: dstnews JAPAN: Three container lines from Japan, Taiwan and South Korea will launch a Far East – West India direct service starting from 29 October, 2011. The service, named India-China Service (ICS), will be operated by a line of … Continue reading

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SCI to invest Rs 3,700 cr. on 24 new vessels

Source: dstnews MUMBAI: The state-run Shipping Corporation of India (SCI), will spend Rs.3700 crore in the ongoing fiscal to acquire 24 new vessels across categories. “Our capital expenditure for 2011-12 is Rs 3,700 crore and this will be used for … Continue reading

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