Daily Newsletter , Wednesday, July 01, 2009

Free Newsletter Site Translation Rss Online - Contact Click here to make this your default homepage   Hellenic Shipping News Worldwide Free Daily Newsletter Slight increase in numbers for Hellenic ship management companies says Petrofin Research Wednesday, 01 July 2009 The latest Petrofin Research report on the state of the country’s ship management (ship owners included) shows a total of 773 active and Hellas-based companies, which reflect the trend established during the previous years, that of steady increase, with 15 more companies being added this... Read More Globus Maritime Announces Agreement to Sell Handymax Dry Bulk Carrier Wednesday, 01 July 2009 Globus Maritime Limited, a marine transportation company that owns and operates a fleet of Handymax and Panamax dry bulk ocean-going vessels, announced that it has signed a Memorandum of Agreement with an unaffiliated third party for the sale of the M/V "Gulf Globe," a 1994-built Handymax dry bulk carrier of approximately 43,245 dwt, for... Read More Oil Market Still Ignores Unrest in Iran, but This Could Change Easily Wednesday, 01 July 2009 The permanent fear of lower demand and technical reasons send oil prices in the beginning of the week at $66.93 per barrel widening the gap between the real price and OPEC’s target of $75 per barrel. Oil prices lost in just one day 3.8% of their value and it was the lowest closing price since... Read More "HELLENIC SHIPPING NEWS'" POLL    Shipping Economics Live Hellenic Shipping Stocks Live International Shipping Stocks Imarex Estimates Hellenic Shipbrokers Association Shipbrokers Reports Demolition Reports TCE Calculator for Tanker Vessels Bunker Prices Worldwide   & Bunker Suppliers Global Directory Live Currencies Rates   & Online Currency Converter Live Commodity Trade Markets Live World Stock Markets Real-Time Marine Weather Conditions Live Interactive Ships Traffic Worldwide Map Live Piracy Map    Live Ships Traffic Worldwide Map     Live Piracy Map China's fading iron ore and coal imports may drag down BDI in Q3 Wednesday, 01 July 2009 The two primary indicators of China's internal demand, iron ore and coal imports, are likely to experience a slowdown in the near future, which will depress the freshly reviving global economy and... Read More.. Best in Class: Why Diana Shipping Stays Dry Wednesday, 01 July 2009 Once you start looking into it, almost nothing about the dry-bulk shipping business is boring. For sheer theater, the industry has it all: outrageous boom-bust cycles; a ruling class dominated by... Read More.. Owners Scrap 94 Ships in First Half Wednesday, 01 July 2009 A record 300,000 TEUs of container ship capacity is set to be scrapped this year as ocean carriers and charter ship owners face a growing mismatch between supply and demand for tonnage. Read More.. Shipping confidence up but concern builds over newbuilding glut Wednesday, 01 July 2009 Overall confidence levels in the shipping industry have shown a slight improvement over the past three months, according to the latest Shipping Confidence Survey from leading international accountant... Read More.. Ships sail towards scrapheap Wednesday, 01 July 2009 More ships have been scrapped so far this year than in the whole of 2008 as owners decide to cash in on their ageing fleets rather than have them sit unused amid the slowdown in global trade brought... Read More.. New orders to behave, until next year Wednesday, 01 July 2009 Korea Shipbuilders’ Association (Koshipa) chairman and Hyundai Heavy Industries (HHI) president Choi Kil-seon said in an interview with local media that new ship orders would resume in the... Read More.. China Shipping to Transport Coal for Yudean Group Wednesday, 01 July 2009 China Shipping Development Co., Ltd., controlled by China Shipping (Group) Company, has just signed an agreement with Guangdong Yudean Group Co., Ltd. upon their cooperation in ocean coal shipping. Read More.. Q-Ship signs time charter pact with BPC Wednesday, 01 July 2009 The Qatar Shipping Company (Q-Ship) announced yesterday that it has signed with Bharat Petroleum Corporation (BPCL) an agreement for the time charter of the tanker UMLMA, which is fully owned and... Read More.. European Shippers Adamant Against Rotterdam Rules Wednesday, 01 July 2009 The European Shippers’ Council reaffirmed its opposition to the Rotterdam Rules and fired back at supporters of a new international cargo-liability convention. The ESC considers the new rules... Read More.. Asciano secures 10-year coal transport contract with Anglo Coal Wednesday, 01 July 2009 Asciano Ltd has signed a 10-year contract with Anglo Coal, a subsidiary of Anglo American plc, in Queensland to transport up to 5.75 million tonnes of coal a year, but did not give a value for the... Read More.. Wilhelmsen Ships Service took home Seatrade Asia's top agent award Wednesday, 01 July 2009 At a ceremony held at the Pudong Shangri-La in Shanghai on 25 June and attended by 600 guests from the maritime industry, Wilhelmsen Ships Service was named winner of Seatrade Asia’s 2009 award... Read More.. PPA guidelines for mooring ships released Wednesday, 01 July 2009 After giving a lay-up agent permits to operate in different parts of the country, the Philippine Ports Authority has issued the guidelines on how a vessel should be parked in the state firm’s... Read More.. Newcastle Weekly Coal Exports Rise 12%; Ship Queue Increases Wednesday, 01 July 2009 Coal shipments from Australia’s Newcastle port, the world’s biggest export harbor for the fuel, gained 12 percent last week while the number of vessels waiting to load increased to the... Read More.. Rio may let iron ore contracts revert to spot: analysts Wednesday, 01 July 2009 Rio Tinto could allow some of its iron ore contracts with Chinese steel makers to expire and sell the product on the spot market if a pricing agreement isn't reached by the end of today, analysts... Read More.. China's steel makers to continue price talks beyond deadline: CISA Wednesday, 01 July 2009 The annual iron ore price negotiations between the world's biggest iron ore miners and Chinese steel makers are likely to continue past the Tuesday deadline. China is still in talks with major iron... Read More.. Industry confused with surging iron ore imports Wednesday, 01 July 2009 China, the world's largest iron importer, may face an iron ore surplus this year after imports exceeded demand, said official from China Iron & Steel Association. "The risk of... Read More.. N Sea Forties VLCC Loading Berth To Be Shut On Repairs Trade Wednesday, 01 July 2009 Supertankers will be unable to load the North Sea Forties crude at Hound Point, Scotland, from late July to early September due to maintenance works, three traders familiar with the situation said... Read More.. China's steel industry records first profit in seven months Wednesday, 01 July 2009 After seven consecutive months of losses, China's iron and steel industry has recorded its first profit, according to the China Iron and Steel Association (CISA). Although industry insiders believe... Read More.. OPEC aims to achieve USD 80 per barrel by 2009 end Wednesday, 01 July 2009 OPEC managed to fulfill its mission by supporting oil prices during the worst recession of last decades by cutting its exports and keeping on high levels its members compliance to the official... Read More.. Gulf of Mexico oil production forecast to reach record high Wednesday, 01 July 2009 Gulf of Mexico oil production is forecast to increase substantially over the next few years, possibly reaching 1.9 MMb/d in 2013 which would be a record high, according to Richie Baud, MMS deputy... Read More.. Nigeria staggers to meet OPEC quota as militants step up attacks Wednesday, 01 July 2009 Nigeria is struggling to fulfill its OPEC output quota and has shut down two refineries as militans step up attacks on oil installations in the southern Niger Delta, home to Africa’s biggest... Read More.. Natural gas demand seen falling in 09 Wednesday, 01 July 2009 Natural gas demand is likely to fall for the first time in 50-years in 2009, while some 60-billion cubic metres of liquid natural gas (LNG) capacity were planned to come online this year, the... Read More.. Credit makes slow, cautious comeback in Asia Wednesday, 01 July 2009 Earlier this month, Henderson Land Development Co, a Hong Kong-based blue chip property developer, hoped to raise HK$5 billion ($641 million) from the syndicated loans market. Read More.. U.K. First-Quarter GDP Drops 2.4%, Most Since 1958 Wednesday, 01 July 2009 The U.K. economy shrank more than previously estimated in the first quarter in the biggest contraction since 1958 as the recession choked industries from construction to services. Read More.. Subscribe | Unsubscribe