Category Archives: Chartering

Tanker market volatility more obvious than ever

Posted on November 1, 2011 by Editor

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 →

More Galleries | Leave a comment

Ship finance in China: key developments and challenges

Posted on November 1, 2011 by Editor

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 →

More Galleries | Leave a comment

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

Posted on November 1, 2011 by Editor

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 →

More Galleries | Leave a comment

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

Posted on October 30, 2011 by Editor

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 →

Posted in Chartering, Dry Cargo, General Blog, News, Sale & Purchase | Leave a comment

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

Posted on October 30, 2011 by Editor

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 →

More Galleries | Leave a comment

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 →

More Galleries | Leave a comment

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 →

More Galleries | Leave a comment

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

This gallery contains 1 photo.

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 →

More Galleries | Leave a comment

Shell, PetroChina May Ship Canadian LNG to Gain From Asia Prices

Posted on October 29, 2011 by matson

| Friday, 28 October 2011 13:00 Royal Dutch Shell Plc, Europe’s largest oil company, together with PetroChina Co. and Japanese and South Korean partners are examining plans to ship liquefied natural gas from Canada’s west coast to Asia.“This gives us … Continue reading →

More Galleries | Leave a comment

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 →

More Galleries | Leave a comment