Dry bulk rates seen coming close to all-time lowsFriday, 03 September 2010 Freight rates for dry bulk carriers could tumble near historic lows next year as new ships flood the market and iron ore demand in China weakens,...
Read More... | Some bunker samples are still failing the new ECA testFriday, 03 September 2010 Fuel testing agency Lintec Testing Services says that of the fuel samples it has tested in the last four months, 7.5% exceeded the limit of 1%...
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Scrap, iron ore and steel export markets improved in AugustFriday, 03 September 2010 The Platts ferrous scrap and iron ore price assessments trended up in August by mostly double-digit percentages compared with July. Steel export...
Read More... | Rio Tinto's Walsh Sees 13% Drop in Iron Ore Prices as Chinese Demand FallsFriday, 03 September 2010 Rio Tinto Group, the world’s second- biggest iron ore supplier, said contract prices for the steelmaking commodity will probably fall 13...
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SMM 2010 - GL - Your competitive edgeFriday, 03 September 2010 The maritime industry is entering a new era in which the conditions have changed. To come out ahead, market players must to be better prepared for...
Read More... | Port of Mumbai Eases RestrictionsFriday, 03 September 2010 India's Port of Mumbai eased restrictions imposed earlier on vessel movements following the MSC Chitra-Khalijia-3 collision in the main harbor...
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Shortage of Shipping Containers - Bottleneck for ExportsFriday, 03 September 2010 Finnish export industries are suffering from a shortage of shipping containers. Demand for containers for export goods exceeds supply coming from...
Read More... | Severn Trent De Nora's Ballast Water Management System Recommended for Final ApprovalFriday, 03 September 2010 The BALPURE® ballast water management system from Severn Trent De Nora has been recommended for final approval at the upcoming International...
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DNV Petroleum Services appoints john Gilligan as global sales & marketing managerFriday, 03 September 2010 DNV Petroleum Services (DNVPS), the shipping industry’s leading provider of marine fuel management solutions, has appointed Mr John Gilligan to...
Read More... | Hamworthy launch new offshore pump rangeFriday, 03 September 2010 Hamworthy Svanehøj has launched the first of what will become an entirely new range of combined sea water lift and fire pumps that meet the...
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Cargotec wins EUR 13 million worth of MacGregor hatch cover orders from Grieg ShippingFriday, 03 September 2010 Cargotec has signed a contract to deliver MacGregor hatch covers for six 48,700 dwt open-hatch cargo ships ordered by Norwegian shipowner Grieg...
Read More... | TBS International Takes Delivery of Its Third Newbuild Roymar Class Multipurpose TweendeckerFriday, 03 September 2010 TBS International plc announced yesterday that it has taken delivery of the newly-constructed vessel M/V Montauk Maiden from Nantong Yahua...
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Iron Ore Imports May Total 650M Tons In 2010Friday, 03 September 2010 China’s imports of iron ore in 2010 are estimated to total 650 million tons, reports China Securities Journal, citing Wu Wenzhang, an analyst...
Read More... | Asia Steel-China prices rise on improved market sentimentFriday, 03 September 2010 Steel prices on the Chinese domestic market got a lift this week in anticipation of rising demand in September following the lull in July and August....
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China Power Cuts to Trim Steel Output, Lift PricesFriday, 03 September 2010 Power restrictions by local governments in China, the biggest steelmaking nation, may lead to the suspension of 25 million metric tons of annual...
Read More... | PLN mulls 9 million tonnes coal import tender from 2011Friday, 03 September 2010 Indonesia's state owned utility Perusahaan Listrik Negara is considering importing at least 9 million tonnes per year of coal starting in 2011 as...
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Oil Chiefs Say Crude May Near $80 This Year, M&A Picking UpFriday, 03 September 2010 Crude prices could reach $80 this year and merger and acquisitions are picking up, said executives of Norwegian oil companies DNO International ASA...
Read More... | Chinese oil demand 'still strong'Friday, 03 September 2010 Chinese oil consumption could be set to increase further over the next few months as the country's economic performance gets back on track, driving...
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