Daily Newsletter , Friday, March 12, 2010

Free Newsletter Site Translation Rss Online - Contact Click here to make this your default homepage   Hellenic Shipping News Worldwide Free Daily Newsletter Globus Maritime gets boost from analysts Friday, 12 March 2010 Two separate market analysts have reiterated their positive stance on Globus Maritime, the AIM-listed dry bulk company, based in Athens. The company recently announced its financial year 2009 and fourth quarter results. It reported net income (adjusted) of $19 million, a net loss of $10.1 million... Read More TOP Ships Reports Fourth Quarter and Fiscal Year 2009 Financial Results Friday, 12 March 2010 TOP Ships Inc. yesterday announced its financial results for the fourth quarter and the fiscal year ended December 31, 2009. For the fourth quarter of 2009, the Company reported: Read More Hellenic Technical Committee of GL Meets in Athens Friday, 12 March 2010 The annual Hellenic Technical Committee of Germanischer Lloyd (GL) took place at the Ledra Marriott Hotel and was attended by 35 members. This year the Committee focused on GL’s new services for the Greek shipping community, the Maritime Labour Convention 2006, the present and forthcoming... Read More "HELLENIC SHIPPING NEWS WORLDWIDE'" POLL    Shipping Economics Imarex Estimates Baltic Dry Index Live Hellenic Shipping Stocks Live International Shipping Stocks 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 McQuilling Services, LCC Weekly Note No. 6 - Kozmino Cozies Up With Eastern Importers Friday, 12 March 2010 Less than three months ago, Russia began operations at its newest tanker terminal at Kozmino—strategically located in Eastern Siberia on the Asian Pacific. As Russia aims to diversify its... Read More.. Clarkson reports 2009 results Friday, 12 March 2010 Clarkson PLC (‘Clarksons’) yesterday announced preliminary results for the twelve months ended 31 December 2009. Read More.. Baltic freight prices rise on China steel surge Friday, 12 March 2010 The Baltic Exchange's main sea freight index, which tracks rates to ship dry commodities, and the capesize market rose again on Thursday on strong Chinese demand, brokers said. Read More.. IMO: Saudi Arabia signs Djibouti anti-piracy Code Friday, 12 March 2010 The Kingdom of Saudi Arabia today (10 March 2010) signed the Code of Conduct on the Suppression of Piracy and Armed Robbery against Ships in the Western Indian Ocean and the Gulf of Aden (Djibouti... Read More.. ABS and A.P. Moller Agree on Extended Survey Periods Friday, 12 March 2010 A.P. Møller-Mærsk A/S (APMM) and ABS have agreed to extend out-of-water drydocking periods from five to seven and a half years for eligible vessels. The agreement signed this week covers... Read More.. India, China take 50 pct of S.Africa Feb coal Friday, 12 March 2010 India and China together took 2.4 million tonnes of South African coal in February - some 50 percent of South Africa's 4.9 million tonnes of coal exports for the month and a record proportion,... Read More.. Cosco Corporation (Singapore): Cancellation and rescheduling of vessel deliveries Friday, 12 March 2010 The Board of Directors of COSCO Corporation (Singapore) Limited (the “Company”) wishes to announce that its subsidiary, COSCO (Dalian) Shipyard Co., Ltd. (“COSCO Dalian”)... Read More.. OceanFreight Inc. Announces Proposed Reverse Stock Split Friday, 12 March 2010 OceanFreight Inc., a global provider of marine transportation services, announced today that the Annual Meeting of Shareholders (the "Annual Meeting") will be held at the Company's offices... Read More.. NYK, "K" Line Alter Container Ship Orders Friday, 12 March 2010 Two of Japan’s largest shipping firms, NYK and “K” Line, reached agreements with shipbuilders to convert some container ship orders to orders for bulk carriers and other vessels, Read More.. Breakbulk's Future Fleet Friday, 12 March 2010 Breakbulk carriers are catching up with changing shipper demand by adding larger ships equipped with cranes capable of lifting heavier loads for construction projects and other cargoes. Read More.. Jutha foresees better net profits Friday, 12 March 2010 Despite an expected 25% drop in revenue, Jutha Maritime Plc (JUTHA) is aiming for higher net profit this year than in 2009 as prospects for the shipping industry have improved in line with the global... Read More.. India: Port traffic up 5.5% this year Friday, 12 March 2010 Traffic handled at major ports in the country saw a growth of 5.5% in the April 2009-February 2010 period, compared with the corresponding period a year ago, Read More.. India seeks U.S., Colombia coal to fill supply gap Friday, 12 March 2010 Coal producers and traders from around the world gathered in Mumbai this week eager to gauge India's hunger for coal, and were overwhelmed by end-users and traders wanting to buy cargoes and book... Read More.. European steel industry outraged at announcement of the iron ore industry Friday, 12 March 2010 The European steel industry is outraged at the announcement by the iron ore industry to massively increase iron ore prices by 80 to 90 % compared to today’s price levels for fines and even more... Read More.. BHP tells Japan mills spot price to set price-sources Friday, 12 March 2010 Japanese steel makers are resisting a push by BHP Billiton to base next year's term iron ore prices on the spot market amid tense negotiations, sources familiar with the talks said on Thursday. Read More.. Mining giant Vale seeks 90pc increase in iron ore prices Friday, 12 March 2010 BRAZILIAN mining giant Vale has proposed a more than 90 per cent increase in iron ore prices in negotiations with Japanese steelmakers for fiscal 2010, The Nikkei reported today. Read More.. Steel prices unlikely to stay high as global demand remains weak Friday, 12 March 2010 A jump in steel prices at the start of 2010 looks hard to sustain as growth in global demand remains weak, industry officials and traders said at an Arab steel conference in Morocco. Read More.. China crude steel output hits new record Friday, 12 March 2010 China’s crude steel output hit a record 52.53 million tones in January, said country’s National Statistics Bureau (NSB). Read More.. China to lead oil demand growth as OECD area struggles Friday, 12 March 2010 China's hunger for oil is set to drive global demand in the coming years as consumption in the industrialized countries may not regain pre-economic crisis levels, Read More.. OPEC may face Iraq challenge sooner than expected Friday, 12 March 2010 The storm brewing on OPEC's horizon over future Iraqi oil output could engulf the producer group sooner than it would like. Read More.. China to lead oil demand Friday, 12 March 2010 China's hunger for oil is set to drive global demand in the coming years as consumption in the industrialized countries may not regain pre-economic crisis levels, experts say. Read More.. Trade Gap in U.S. Unexpectedly Falls as Oil, Auto Imports Drop Friday, 12 March 2010 The trade deficit in the U.S. unexpectedly narrowed in January as demand for foreign oil and automobiles dropped. Read More.. New jobless claims fall, continued claims up Friday, 12 March 2010 The number of U.S. workers filing new applications for unemployment insurance fell slightly less than expected last week, a government report showed on Thursday, hinting at a slow labor market... Read More.. ECB's Mersch: Eurozone Recovery May Be Uneven Friday, 12 March 2010 The Eurozone economic recovery process is underway though it is likely to be uneven, European Central Bank Governing Council member Yves Mersch said Thursday. Read More.. Subscribe | Unsubscribe