Shipping
Idle boxship fleet at 6-month low
AXS Marine’s newsletter reports that the idle containership fleet fell below 10% for the first time in six months as slow steaming and the deployment of extra loaders for the pre-Lunar New Year cargo rush took up more than 60,000 teu of idle tonnag...
2010-02-17 08:26:04
LPG tanker orders to drop 50%
A report just published shows new orders for liquid petroleum gas (LPG) fleet tankers currently stand at 191 to the end of 2013, which is 50 percent less than the previous five years or 40 percent if measured in cubic metres (m3). “The LPG marke...
2010-02-16 08:19:18
Arkas to buy boxship duo for $50m
Arkas Shipping of Turkey is said to be forking out nearly $50m on a pair of 2,500-teu boxships at a Hegemann Group shipyard in Germany. The owner is in talks to acquire the two vessels being built at the Volkswerft Stralsund facilities. They ar...
2010-02-16 07:33:06
Eships buys three SLS tankers
Growing Abu Dhabi shipowner, operator and investor Eships has reportedly spent as much as $100m to buy three medium range tankers from South Korea’s SLS Shipbuilding. The shipyard filed for bankruptcy protection in December 2009 after industria...
2010-02-16 07:30:28
Chinese plan tanker orders
Chinese shipowners were thought to be planning a new tranche of tanker newbuildings at domestic yards to gain further control of their country’s oil import market. At a seminar held in New York last week, several prominent players gave their op...
2010-02-16 07:27:51
Huge slowdown in boxship deliveries
Containership delivery delays and cancellations, plus demolition, are having a dramatic impact on fleet projections, with annual capacity growth of little more than 5% now forecast for this year and next. That compares with double-digit expansion...
2010-02-12 07:38:13
200 capesizes to enter
As is reported by Dahlman Rose & Co analyst Omar Nokta, 200 capesize bulk carriers were considered to enter global fleet in 2010. The number is far lower than Clarkson Research’s statistics, which reached as many as 355 ships. In Omar Nokta...
2010-02-12 03:40:33
Wisdom Marine’s new round fishing
Wisdom Marine Lines S.A. one of the leading bulker owners in Taiwan, purchased 24 ships in 2009, including ro-ro ships, multi-purpose vessels, handysize and handymax bulk carriers. With financial crisis storming, the cost of Wisdom Marine’s purc...
2010-02-11 15:38:43
STX Pan Ocean to add 7 newbuildings
STX Pan Ocean is putting spurs on taking newbuilding vessels. STX Pan Ocean said on Feb. 8th that it has taken delivery of 32,975-dwt ‘STX Gloris’ built in China’s Maple Shipbuilding. Starting with this delivery, STX Pan Ocean is sched...
2010-02-11 08:31:55
German pressure on Korean yards
The German government has urged South Korean shipyards to accept later deliveries and defer installment of payments from struggling German owners. National maritime co-ordinator Hans-Joachim Otto used a visit to South Korea by German president Ho...
2010-02-11 07:32:45
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