Participating Companies

Maritime Directory

• Socatra sells tanker at premium price of $30m
  Deal on subjects at reported value $2m above brokers’ estimates
• Handysizes in demand with medium size gas carriers fully booked
  Charterers fix handysizes for shipments of ammonia out of the Middle East
• Shanghai container index falls 8% at height of peak season as sentiment weakens
  Box rates affected by surge of new tonnage and mounting debts
• Ship Finance International named as buyer of Bao Wealth
  Purchases three modern supramax vessels
• SMM 2010: U-turn on reflagging not enough to rescue KG funds
  Move to drop requirement in exchange for extension of tonnage tax regime not enough to save struggling KG system
• Indian navy intercepts pirate vessel
  Navy seizes weapons and leaves boat adrift
• Caiano set to buy Green Reefers
  Kristian Eidesvik group to proceed with mandatory offer after taking controlling stake in company
• German banks to blame for yards’ order woes
  Meyer Werft slams domestic banks for loss of contracts to rival Asian shipbuilders
• Costa Fascinosa work under way
  Final vessel of $12bn newbuilding programme to be delivered in 2012
• Nordic Yards secures $64m guarantee to build tanker
  KFW Ipex-Bank provides guarantee for construction of ice-class vessel
• Collusion concerns
  In a free market there is a requirement to clearly price goods and services. Any evidence that carriers have might have...
• Channelled anguish
  Unfortunately, an impressive determination to throw good money after bad still seems to prevail in certain quarters ...
• SMM 2010: Trade surge needed to soak up yard capacity
  Soaking up current shipyard capacity requires annual seaborne trade growth of 7% to, says Clarksons Martin Stopford ...
• Eurotunnel passenger shuttle volumes rise 17%
  Volumes for July and August grow
• More box slots for Royal Seaforth
  Liverpool container terminal to get 5,000 additional ground slots in use by October end
• EEDI implementation raises safety fears
  Shipbuilders, owners and class societies raise fears over manoeuvrability of vessels in rough seas
• Hamburg Süd orders eight boxships
  Line books 3,800 teu vessels, costing $50m each, at China’s Shanghai Shipyard
• Hellenic Carriers drops option for third kamsarmax
  Company to focus on more profitable opportunities in secondhand and resale market
• Bulker engineering gets probation in magic pipe case
  New Fortune engineer gets three years probation and fined $5,000 by US court
• Sea Truck readies $200m bond issue
  Plans to use cash to fund three more offshore subsea construction ships
• Four more Vinashin officials detained
  Authorities arrest four from troubled shipbuilder
• The Lloyd’s List Innovation Poll 2010
  Tell us what you think is the most influential technology in shipping
• Obituary: Guido Grimaldi
  Founder and chairman of Napoli-based ro-ro specialist Grimaldi has died age 92
• China Ship Fund charters out post-panamax bulk carriers
  Government-backed fund locks in vessels for eight to 10 years in a deal worth over $800m
• CNOOC to inject $44bn to bolster production
  Plans five year investment to boost domestic offshore oil production
• South Korea box traffic grows 22%
  Total container throughput in 2010 to August reaches 1.7m teu
• SMM 2010: Norway pushes for gas use
  Norway’s secretary of state for shipping Rikke Lind to promote use of natural gas as bunker fuel
• Lack of insight led terminal operators to discount
  Operators swayed by lines' verbal power instead of financial logic
• Christchurch port reopens after earthquake
  Lyttelton port fully operational despite suffering significant damage totalling tens of millions of dollars
• Port link-ups focus on freight flexibility
  Port terminal operators showing signs of increased flexibility and realism in realigning freight-handling assets