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Lloyd's List
- West African distillate demand props up transatlantic MR rates
Despite weak US demand and surplus tonnage in Europe, owners resist charterers’ attempts to push hire prices down ... - Indian ore export ban prompts ships to ballast to the Atlantic
Lack of cargoes out of Karnataka state puts pressure on Pacific time charter rates and turns market sentiment sour - US summer driving season fails to absorb large stocks of gasoline
Increased consumption has not been able to absorb high stockpiles of the petroleum product - August sees 22% drop in time charter fixtures for supramaxes
Supramax time charter fixtures reported by the Baltic Exchange in August down 22% - Panamax bulk carrier purchase rumour
PNSC rumoured to have paid $39m for a modern panamax bulk carrier - Bluelight charters VLCC for three years
Oil company charters Varada Blessing at rate of $33,500 per day - Turkey signs recycling convention
Signs IMO convention for the Safe and and Environmentally Sound Recycling of Ships 2009 - Blast on Mariner Energy oil platform
Explosion onboard platform in US Gulf of Mexico throws 13 offshore workers into sea - Maersk relocates inland terminals business
Container Inland Services to be amalgamated into APM Terminals - Liverpool box port plans hits possible snag
Liverpool Bay declared protected area for bird life - Angelicoussis moves chartering desk to Athens
Transfers dry cargo chartering operation from London to Athens - Dr Peters reaches deal with Pacific Star
New agreement reached over outstanding accounts with charterer - Ahrenkiel steps in to fund feeder newbuildings
Shipmanager is now joint owner of four vessels that were originally to be financed by Fondshaus Hamburg - Indonesian waters hit by spate of pirate attacks
IMB records eight incidents of ship attacks in Indonesia’s Mangkai island in past two weeks - Vale to invite bids for Malaysia distribution hub
Miner expects to call international tender by November to award $900m contract to build centre - Hellenic Register certification to expire in February
Certificates for ships trading domestic and international routes will be hit, Brussels confirms - Navios Acquisition wraps up warrant scheme
Company raises $78m to help fund VLCC fleet acquisition - CMA CGM first half liftings rebound
Line handles more cargo in first half of 2010 than in corresponding 2008 period - Kleven wins $125m support vessels contract
Shipbuilder to build two ships for Olympic Shipping - Renewed appetite for newbuildings a concern
Danish Ship Finance baffled by rush of larger dry bulk ship orders - Grand China secures $1.2bn loan
Company inks deal with China Development Bank to expand fleet and start leasing business - Scrap skilled workers rule
The cap on immigrant skilled workers into the UK is not good news for British shipping - Cash is crucial
Building up cash reserves is crucial in keeping box lines afloat in the event of another downturn - Dry bulk carrier contracting levels unsustainable
Shipbroker R S Platou says dry buk orders in first eight months of 2010 almost double average for the decade - K-Sea secures $100m funding
Shipowner inks share swap deal with two investment groups - Chemical trades face bleak prospects
Charter rates continue to soften as a glut of vessels flood the market - Strikes take shine off South Africa’s economic growth
Second quarter growth below expectations but box trades increase and new deals with China promise further economic... - Zim’s new faces focus hard on the bottom line
Strategic shift from growing market share to profitability key to recovery - Global and local: Zim brand to be given a makeover
Rebranding exercise will leverage on company’s strengths - Zim’s IPO still on the agenda
Public offering back on agenda as line returns to profit and sector sees rapid recovery
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