Blog Archives

Ship Value: New Container Ships Fall 31% in Value as Rents, Economies Cool

Posted on November 6, 2011 by Editor

New container ships’ value dropped as much as 31 percent since April because of falling hire costs and cooling economies, according to Seasure Shipping Ltd.Post-panamax vessels that are too large to navigate the Panama Canal are worth $73.2 million, below … Continue reading →

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ICC launch new probe

Posted on November 3, 2011 by Editor

3/11/2011 2:01 PM Sportal The ICC’s anti-corruption unit is set to launch an investigation into Pakistan’s 2010 Test matches against Australia in England. The investigation has been prompted by the emergence of incriminating text messages between player agent Mazhar Majeed … Continue reading →

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Cricket: Butt, Asif found guilty

Posted on November 3, 2011 by Editor

Former Pakistan Test captain Salman Butt and pace bowler Mohammad Asif face jail time after being found guilty of corruption. Butt was found guilty after standing trial at London’s Southwark Crown court on two charges of conspiracy to cheat and … Continue reading →

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I’m Your Liver! Let me tell you how much I love you!

Posted on November 3, 2011 by Editor

http://www.youtube.com/watch?v=wHChv3izCXs www.youtube.com

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Rio Tinto Aims to Double Shipments on Own Vessels in Four Years

Posted on November 3, 2011 by Editor

Rio Tinto Group, the world’s second- largest mining company, aims to almost double the amount of commodities shipped on vessels it owns or hires to get iron ore and coal to customers more quickly. Ocean freight haulage on ships it … Continue reading →

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Trans-Pacific Rates Rise First Time in Two Months

Posted on November 3, 2011 by Editor

Trans-Pacific spot rates rebounded this week off their 22-month low of last week, rising for the first time in two months, as measured by Drewry Shipping Consultants weekly benchmark. The Drewry benchmark rate for container shipments from Hong Kong to … Continue reading →

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Top 10 Countries in the Red

Posted on November 2, 2011 by Editor

What’s black and white, but mostly red all over? The current global economy. As the European Banking Authority struggles to support its indebted member nations and Wall Street searches for its fiscal sea legs in the wake of the global … Continue reading →

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How does smoking starve your heart of oxygen?

Posted on November 1, 2011 by Editor

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

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 →

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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 →

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