Shipping
Massive boxship deliveries loom
Containership newbuilding deliveries will hit a post credit crunch high this month and will continue to surge throughout the present quarter, Alphaliner warns. A massive 150,000-teu of fresh capacity will spill out of shipyards during April as ne...
2010-04-07 08:19:18
Jinhai delivers two Capes in fortnight
On March 31st 2010, Zhoushan Jinhai Heavy Industry delivered MV GREAT JIN, namely a 176,000-dwt Capesize bulk carrier. This is the second delivery of Capesize bulk carrier within half a month for Jinhai. Just 15 days ago, another sister Capesize b...
2010-04-06 12:40:54
Rongsheng-CCS form cooperation
On March 31th 2010, China Classification Society (CCS) and Rongsheng Heavy Industries Group reached a strategic agreement in Nangtong China. Nowadays Rongsheng is the largest Chinese private shipbuilder, whose headquarter is located in Shanghai Ch...
2010-04-06 12:40:26
Bulker rates to surge
Asia's short-term appetite for thermal coal may spark demand for dry-bulk tonnage, an analyst said Monday. "We expect a surge in Chinese thermal coal imports to continue which will likely result in an increase in panamax and capesize freight rate...
2010-04-06 08:29:01
Anchor Ship buys resale tankers
Newly formed investment fund Anchor Ship Investment has made a move to acquire distressed assets, buying three chemical tankers from Sasaki Shipbuilding. They are among five 12,000-dwt units cancelled by Eitzen Chemical last April as part of a fin...
2010-04-05 08:06:50
KR authorized by Spain for inspection
The Korea Register of Shipping (KR) announced that it has been authorized for inspection from 53 countries including South Korea by being given inspectional right as a governmental agency from Spain on Apr. 1st. It is reported that this agreement is ...
2010-04-05 07:08:02
Tight season coming?
AXS-Alphaliner recently issued statistic report that Asian top 7 lines have demolished and sold 282,000 TEU transport capacity in previous 15 months, namely 16% of total. As is reported earlier, the new ships will rush into the market to occupy t...
2010-04-05 01:06:45
Hyundai denies boxships cancellation
Foreign media reported that Rickmers Group has cancelled nine boxships worth around $1bn but is in fresh talks with Brazilian mining major Vale to build very large ore carriers (VLOCs). Chairman Bertram Rickmers says an agreement has been reache...
2010-04-02 12:02:22
Yang Ming suffered 10-year high loss
Taiwanese Yang Ming Line came across 10-year loss, as high as NTD15.84bn ($528m). That means Yang Ming has lost one-sixth of capital amount. As is reported, Taiwan government holds 35.51% of Yang Ming’s share. So, the statistics draws government...
2010-04-02 10:09:49
U-Ming plans new orders
Taiwanese shipping line U-Ming Transport has the possibility of placing new orders for vessels this year as the price for newbuildings falls The company had not placed any new orders since the middle of 2008 because of the unfavourable market cond...
2010-04-02 10:02:30
Start  Prev  471  472  473  474  475  476  477  478  479  480  Next  End