Baltic dry index dips to 4-month low The Baltic Exchange's main sea freight index, which tracks rates to ship dry commodities, fell to its lowest in over four months on Monday as weaker activity on the smaller panamaxes weighed on sentiment.
Tankers facing delays at Chinese ports Supertankers that ship two million barrel cargoes of crude oil face delays at Chinese ports, potentially lowering vessel supply in the Persian Gulf, said Per Mansson, managing director of Nor Ocean Stockholm AB.
Sea Asia 2011 back with regional heavyweights As the centre of power gradually moves eastwards in the shipping world, industry players will be grappling with the region's role at next year's Sea Asia event in April.
Russian sub recalled from sea trials
Strait Talk
A rearguard action over leasing THE shipping industry is up in arms about what most people will regard as a remarkably arcane issue, but one of great importance to shipowners and charterers. Earlier this year, the International Accounting Standards Board (IASB) completed some 15 years of work and published proposals for a new accounting standard for leases.
Shipping Times
Eurostar passengers hit as snow delays trains Thousands of rail passengers queued for hours in the bitter cold in London on Monday as snow and ice caused long delays to Eurostar trains linking Britain with France and northern Europe through the Channel Tunnel.
UK moves high speed rail route after residents protest The government published its preferred route for a high-speed rail line between London and Birmingham on Monday, saying it had made alterations to half of the route to meet concerns of residents and conservation groups.
Baltic dry index dips to 4-month low The Baltic Exchange's main sea freight index, which tracks rates to ship dry commodities, fell to its lowest in over four months on Monday as weaker activity on the smaller panamaxes weighed on sentiment.
Tankers facing delays at Chinese ports Supertankers that ship two million barrel cargoes of crude oil face delays at Chinese ports, potentially lowering vessel supply in the Persian Gulf, said Per Mansson, managing director of Nor Ocean Stockholm AB.
Sea Asia 2011 back with regional heavyweights As the centre of power gradually moves eastwards in the shipping world, industry players will be grappling with the region's role at next year's Sea Asia event in April.
Russian sub recalled from sea trials
Strait Talk
A rearguard action over leasing THE shipping industry is up in arms about what most people will regard as a remarkably arcane issue, but one of great importance to shipowners and charterers. Earlier this year, the International Accounting Standards Board (IASB) completed some 15 years of work and published proposals for a new accounting standard for leases.
Shipping Times
Eurostar passengers hit as snow delays trains Thousands of rail passengers queued for hours in the bitter cold in London on Monday as snow and ice caused long delays to Eurostar trains linking Britain with France and northern Europe through the Channel Tunnel.
UK moves high speed rail route after residents protest The government published its preferred route for a high-speed rail line between London and Birmingham on Monday, saying it had made alterations to half of the route to meet concerns of residents and conservation groups.
Baltic dry index dips to 4-month low The Baltic Exchange's main sea freight index, which tracks rates to ship dry commodities, fell to its lowest in over four months on Monday as weaker activity on the smaller panamaxes weighed on sentiment.
Tankers facing delays at Chinese ports Supertankers that ship two million barrel cargoes of crude oil face delays at Chinese ports, potentially lowering vessel supply in the Persian Gulf, said Per Mansson, managing director of Nor Ocean Stockholm AB.
Sea Asia 2011 back with regional heavyweights As the centre of power gradually moves eastwards in the shipping world, industry players will be grappling with the region's role at next year's Sea Asia event in April.
Russian sub recalled from sea trials
Strait Talk
A rearguard action over leasing THE shipping industry is up in arms about what most people will regard as a remarkably arcane issue, but one of great importance to shipowners and charterers. Earlier this year, the International Accounting Standards Board (IASB) completed some 15 years of work and published proposals for a new accounting standard for leases.
Shipping Times
Eurostar passengers hit as snow delays trains Thousands of rail passengers queued for hours in the bitter cold in London on Monday as snow and ice caused long delays to Eurostar trains linking Britain with France and northern Europe through the Channel Tunnel.
UK moves high speed rail route after residents protest The government published its preferred route for a high-speed rail line between London and Birmingham on Monday, saying it had made alterations to half of the route to meet concerns of residents and conservation groups.
US targets IRISL insurer The US Treasury Department today increased pressure on Islamic Republic of Iran Shipping Lines by adding the carrier's insurer to the sanctions target list
Carnival sees better 2011 CRUISE giant Carnival Corp today reported improved booking patterns for next year, as unusually harsh winter weather stokes holiday demand
Safmarine launches service SAFMARINE and its parent group Maersk have announced that they will start a new direct Far East/East Africa service early next year
Dolphin Tankers dissolves ITALY'S Dolphin Tankers has had its assets split up by its co-owners
US trade accords stymied US FREE-trade accords with Panama and Colombia are stalled short of congressional approval, but another with South Korea is progressing
Hugo Torrijos dies at 58 A PRINCIPAL architect of modern Panamanian shipping, Hugo Torrijos, has died of cancer at age 58
Index charter appeal grows EXCEL Maritime has fixed seven Kamsarmax bulkers on index-linked charters, a model that has become increasingly popular over the past year
Bulk carrier seized off the Seychelles The Panama-flagged bulk carrier Orna has been hijacked some 400 nautical miles North East of the Seychelles. The attack was carried out by two skiffs and when they approached
Released crew member treated in Djibouti The crew member of the hijacked tanker Hannibal II, who was released by pirates some days ago, is now being treated at Bouffard Hospital in Djibouti for suspected appendicitis
Prices firm across Middle East Sources reported that suppliers in Fujairah had ample product inventories and barge capacity.
Aegean tanker detained in UK port Maritime and Coastguard Agency say '11 deficiencies' were identified.
Rotterdam bunker market firms Supply of 180 cSt product remains an issue in Gibraltar, according to sources.
St. Petersburg market handling icy conditions Tugs take bunker barges in tow.
Video launched for 'Clean Shipping Index' Explains how cargo owners can use on-line tool to make 'informed sustainable choices' when picking shipping companies.
Ice disrupts bunkering in Hamburg Barges can't get to the vessels because the water is frozen.
'Strong competition' for Middle East fuel oil cargo Asian market expected to remain 'tight'.
Bunker prices generally firm in Asia Mixed demand at key Asian bunker ports on Tuesday, traders say.
Singapore company invests $20 million for bunker tanker newbuilds Bunker tankers due to be delivered from Q1 2012 onwards.
Bunker ops resume in South Korean port Hyundai Oilbank resumes bunkering in Daesan.
IFO avails 'still tight' in Karachi Higher demand from power plants cuts avails for bunker sector.
Sinopec Zhoushan starts business in Zhangzhou and Huangpu Providing 380 cSt bunker fuel.
Wärtsilä reports fresh order for dual-fuel vessel In case of interruption to gas supply, engines will automatically switch to diesel without loss in power output.
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