Author Archives: Editor

China: CSDC Orders New Bulk Carrier at Jiangnan Shipyard

Posted on October 30, 2011 by Editor

China Shipping Development Company (CSDC) has penned an order to build a 76,000 dwt bulk carrier worth approximately RMB229.3m ($36.1m). The new agreement was made between CSDC’s subsidiary Tianjin Zhonghai Huarun and Chinese builder Jiangnan Shipyard on Tuesday. China Shipping … Continue reading →

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Cargo ship collision leaves two dead, two missing

Posted on October 30, 2011 by Editor

Two seamen were killed, another two were reported missing, and a further nine were rescued from the sea after two ships collided in the waters of around Penghu, yesterday. This undated file picture shows the Teh-hsing sailing off the coast … Continue reading →

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Dry ship deliveries to reach highest ever in 2011

Posted on October 30, 2011 by Editor

Deliveries of new dry bulk ships are on course to reach their highest level ever this year and fleet expansion is expected to remain strong in 2012, ship broker SSY said on Wednesday. Deliveries of new dry bulk ships are … Continue reading →

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Canada Signs Important Maritime Convention to Protect Environment

Posted on October 30, 2011 by Editor

  On October 25, 2011, Canada took part in a ceremony to sign a protocol that will establish a global liability regime and further protect our environment from the risks of marine transport. The Protocol of 2010 to the International … Continue reading →

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India- Gujarat Govt finalizes plans to develop Seven New Ports

Posted on October 30, 2011 by Editor

source: Daily Shipping Times Ahmedabad: In a major push to port infrastructure, the Gujarat government has finalised plans to develop six to seven new ports in the state. Large investments would flow into the port sector in the coming years, … Continue reading →

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Tata NYK Shipping Buys New Bulk Carriers from Japanese Shipyards

Posted on October 29, 2011 by Editor
Tata-NYK-Shipping-Buys-New-Bulk-Carriers-from-Japanese-Shipyards

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Tata NYK Shipping Pte Ltd will purchase three new dry bulk cargo carriers from Japanese yards as part of a plan to expand fleet to ship at least half of Tata group’s expected cargo of 60 million tonnes (mt) in … Continue reading →

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MHI designs new bulk carrier enabling 25% reduction in CO2 emissions; ADM buying three

Posted on October 27, 2011 by Editor

Source: Green Car Congress 25 October 2011 Bubbles under the vessel bottom of the new bulk carrier with MALS. Click to enlarge. Mitsubishi Heavy Industries, Ltd. (MHI) has designed a new bulk carrier equipped with the proprietary Mitsubishi Air Lubrication … Continue reading →

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So What Has Gone Wrong With the Tanker Market?

Posted on October 25, 2011 by Editor

Tuesday, 25 October 2011 00:00 Figuring out the tanker spot market is a frustrating business. Although “fundamentals” analysis generally prevails in the end, the world where tankers trade is constantly producing surprises. Today, while Capesizes enjoy earnings over $30,000/day, despite … Continue reading →

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Inside shipping: The war we do not see

Posted on October 24, 2011 by Editor

Source: http://oldsaltshaker.blogspot.com/2011/10/inside-shipping-war-we-do-not-see.html OCTOBER 20, 2011 Inside shipping: The war we do not see It may seem that the hammering that shipping has been subjected to in the aftermath of the ongoing global economic cataclysm is the reason why many firms are … Continue reading →

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The World’s Biggest Ship- 28 minute video

Posted on October 24, 2011 by Editor

http://video.google.com/videoplay?docid=8962310630082930010 ENGINEERING THE IMPOSSIBLE….. FREEDOM SHIP http://video.google.com/videoplay?docid=8962310630082930010

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