Saturday, 25 May 2013 | 18:14
SPONSORS
  • Home
  • Shipping News
  • Interviews
View by:

Piracy; Costs More Than Just a Ransom

21/11/2011
“At the moment of the attack there were 78 people onboard and 1 million barrels of crude oil. I cannot imagine what could have happened if we did not surrender to the pirates. Human lives endangered and disastrous pollution; they had over 100kg of C4 explosive in one of the speed boats.” Piracy off the coast of Somalia is big business but the increased production of oil in the Gulf of Guinea has encouraged more acts of piracy in the region

Scrapping of older vessels to intensify in coming months, says Braemar Seascope

06/11/2011

So far this year, demolition of older vessels has been feverish, in an attempt by ship owners to help alleviate the tonnage oversupply pressures that the global shipping market has been dealing with, in almost every shipping trade, from dry bulk to tanker.

Ship owners newbuilding ordering appetite unabated; reliability and quality their main objectives

23/10/2011

With the current newbuildings orderbook at huge levels, ship owners could very well use the expertise of consulting and services companies, which know their way around ship yards and can provide valuable assistance in all stages of a newbuilding ordering

Mozambique Channel to be the new piracy hotspot for this year says maritime security expert

09/10/2011

The Mozambique Channel, as well as the entrance to the Persian Gulf, are expected to become some of the new pirate hotspots for piracy, says Richard Mcenery, Operations Director with Ocean Protection Services Ltd, one of the companies currently offering

Shipowners need to plan early in order to lower shipping emissions

02/10/2011

Shipping is under siege in order to lower its carbon footprint. The recent decision by IMO seeks to offset these pressures and ship owners need to start preparing for a "œgreener" shipping. Towards this direction, Carbon Positive, a leading carbon management

Scrapping of older vessels the key for easing oversupply of dry bulk vessels says Seanergy Maritime

25/09/2011

The record levels of scrapping activity seen this year are going to be a catalyst for alleviating the industry's oversupply problems by balancing supply and demand says Christina Anagnostara, Chief Financial Officer with New York-listed shipowner

IMO Secretary-General, Mr. Efthimios Mitropoulos reflects on critical decisions adopted for the futu

21/09/2011

In an exclusive interview with Hellenic Shipping News Worldwide, the long-serving Secretary-General of the International Maritime Organization (IMO), Mr. Efthimios E. Mitropoulos, looks back at the decisions adopted by the organization during his term

Tonnage oversupply heavily weighing down on tanker markets says Gibson

24/07/2011

In an interview with Hellenic Shipping News Worldwide, Mr. Nigel Richardson, Managing Director of Gibson Shipbrokers Ltd. Highlighted the extremely weak tanker markets "“ especially the VLCC segment "“ during the first half of the year and the reasons behind it.

Torm sees early recovery for product tankers

10/07/2011

One of the leading players for product tankers, TORM, sees an early recovery on the sector, on the back of lower orderbook. The company's Chief Executive Officer, Mr. Jacob Meldgaard" also said, in an exclusive interview with Hellenic Shipping News Worldwide, that the outlook for 2011

Maersk expects rates to return to healthier levels during second half of 2011

03/07/2011

In an interview with Hellenic Shipping News Worldwide, Maersk Hellas' Managing Director, Mrs. Anne O. Gronbjerg, responsible for the Greece Cluster, including Hellas, Cyprus and Bulgaria, confirmed Maersk's estimates that the second half of 2011 will prove healthier

Dry bulk market to recover no earlier than second half of 2013 says Commodore Research

05/06/2011

The recovery and next upward cycle of the dry bulk market shouldn't be expected to occur earlier than the second half of 2013, according to Jeffrey Landsberg, managing director of US-based Commodore Research & Consultancy. By then, he says, a large

Tanker sector facing oversupply issues, sustained recovery seen only for smaller ship types says exp

01/05/2011

During the next two years the VLCC and Suezmax fleets are projected to post net growths of 21% and 19%, respectively, which is well out of step with demand growth projections said George P. Los, Research Analyst with Charles R. Weber Company, Inc.,

Oversupply of vessels to rule the market for at least three more years says analyst

17/04/2011

Dry cargo demand fundamentals are falling back in terms of offering proper comfort to ship owners and alleviate oversupply issues, as Chinese iron fixtures are on a downward trend with port stockpiles of iron ore, coal and steel being at elevated levels.

Oversupply issues to plague dry bulk trade for 2011 as well

13/03/2011

According to John Pachoulis, the President of the Hellenic Shipbrokers Association, current, as well as future oversupply problems will most likely hamper the dry bulk sector's recovery this year as well,

Dry bulk to stay subdued in the long term

20/02/2011

Tonnage oversupply keeps adding "œweight" to the dry bulk market, but even if the balance with demand was right, ship owner Alexis Angelopoulos, head of ACA Shipping says it wouldn't be enough to propel the Baltic Dry Index (BDI) more than 20% - 30% of what it is today.

Oversupply to reign in on dry bulk market during 2011

30/01/2011

In an interview with Hellenic Shipping News Worldwide, BIMCO's shipping analyst, Peter Sand, describes the "œhardships" expected to reign in on the dry bulk market this year, as tonnage oversupply will definitely keep rates down, especially for the larger Capesize vessels.

AVEVA Marine "œbuilds" the future of shipping

16/01/2011

With shipbuilding design becoming ever so crucial for the future of ships, AVEVA's solutions package towards shipbuilders across the world is powering up change and technology. With 85% of the top 50 shipbuilders being AVEVA Customers it's more than clear that in one way or another, most of today's modern vessels were designed using one or more of the group's applications and modules.

Large orderbook to hinder 2011 dry bulk market rebound despite increased demand says Paragon Shippin

15/12/2010

A large orderbook which currently stands at 53% of the existing fleet is expected to render 2011 another challenging year for the dry bulk market. According to Mr. Michael Bodouroglou, Chairman and CEO of Paragon Shipping Inc., in an interview with Hellenic Shipping News Worldwide, "œwe believe that 2011 should be a challenging year due to the amount of new vessels

Ship supply business constantly evolving as shipping becomes more and more technology-driven

06/12/2010

Being the first company to offer transit warehousing to the Turkish market, Atlas International Shipchandling & Trading, is operating for more than 30 years in one of the most important sectors of the shipping industry, the one of ship supply. Atlas, a company founded by managing director George Saris and his colleagues, currently offers a 3,500 square meter

Tanker market to be plagued by oversupply in 2011, bunker prices heading upwards as well

29/11/2010

Oversupply issues will continue to be a crucial factor for the tanker freight market during 2011 as well, said Mr. Alexandros Prokopakis, General Manager-Bunkering with Mamidoil "“ JetOil SA in an interview with Hellenic Shipping News Worldwide.

Previous 
1 2 3 4 5  ... 
Next 
SPONSORS