Tuesday, November 4th, 2008
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Monday, November 3rd, 2008
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Monday, November 3rd, 2008
Dry bulk sector to suffer ?disastrous? downturn
HANDYSIZE specialist Precious Shipping is forecasting a repeat of the mid-1980s slump for dry bulk shipping markets over the next year.
MOL resigns from ELAA over fears of future European antitrust probe
JAPANESE line MOL is terminating its membership of the European Liner Affairs Association over concerns that it could run foul of European Union antitrust regulations.
Piracy hits Cameroon as 10 oil workers are kidnapped
ATTACKS on oil industry support vessels in West Africa have spread to neighbouring Cameroon, with French support vessel operator Groupe Bourbonconfirming on Friday that 10 of 15 seafarers on board Bourbon Sagitta had been taken hostage near the Bakassi peninsula.
UK port owners slam rates ?spin?
PORT owners caught up in the business rates crisis in England and Wales have hit back at ministers for suggesting that they should be the ones ?baling out the government?s own mistakes?.
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Long-term box charters are solid, says Rickmers
RICKMERS Maritime says that there have been no attempts by its charterers to renegotiate their long-term lease deals on container vessels, and nor does it expect them to, writes Marcus Hand in Singapore.
Seaspan sees orderbook cut as Evergreen slumps
ORDERS for large containerships will be cancelled, delayed, or converted to other ship types if the industry downturn is prolonged, Seaspan chief executive Gerry Wang predicted last week as the box trades took another pummelling and Evergreen joined the casualty list, writes Janet Porter.
South Korea to send Navy ship to Somalia
AFTER several months of deliberation, South Korea?s government has finally decided to send a destroyer to jointhe combined taskforce off Somalia to help protect its commercial fleet from pirate attack, writes Mike Grinter.
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Monday, November 3rd, 2008
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Sunday, November 2nd, 2008
Metier course, especially the non - core one, needs to be obsessed equal substance and attention to achieve an efficient employment operation. Outsourcing these function processes will not equal a dissipate of date and monetary resources, but rather a system to embody followed. Permanent in this highly - competitive prevalent bazaar is not since exhibit seeing you suspect. You fitting an preference that will make public pursuit to your advantage and that is outsourcing.
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Saturday, November 1st, 2008
Panama Canal services fees expected to surge
THE Panama Canal Authority will introduce a 7%-8% increase in the charges it levies for towage and line handlingservices in the waterway to compensate for the steep rise in fuel costs, writesRainbow Nelson.
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Saturday, November 1st, 2008
Shell production down but profits beat all expectations
SHELL?s liquefied natural gas and oil production levels have fallen because of plant closures and American hurricanes.
Offshore vessel owners feel positive on new explorations
OFFSHORE vessel owners do not expect the markets to be too badly affected by the global financial credit crisis or economic downturn and anticipate growth in demand in the long term.
Exxon?s $13bn quarterly profit breaks record
US oil major Exxon Mobil posted another record quarterly profit yesterday, Reuters reports.
Saipem upbeat as new orders flow in
BUOYED by a hefty increase in operating earnings and a significant rise in orders, executives at Italian oil and gas services company Saipem said they were confident of the company?s ability to withstand the continuing economic crisis, writes John McLaughlin.
Handysize inquiries perk up but rates are still down
HANDYSIZE cargo inquiries have started to pick up in the Black Sea and Mediterranean this week, although rates so far have failed to stabilise, writes Jamie Dale.
Oil firms turn to term charters as spot market soars
HIGH spot market rates for anchor handlers in the North Sea have increased the volume of term charter activity in the region, writes Martyn Wingrove.
East of Suez feels the pinch as transatlantic trade revives
THE TRANSATLANTIC market continues to recover steadily, despite the world financial turmoil, as the market east of Suez continues to slow down, writes Jerry Frank.
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BALTIC DRY BULK INDICES 30 Oct 2008
For more information on routes or calculations please visit www.balticexchange.com
FIS DRY BULK FFA PRICES 30 Oct 2008
All prices are indications in US$/day of current market level, basis midpoint between bid/offer at 13:00 London time. Contract routes are as current Baltic Exchange definitions. For more information, visit www.freightinvestor.com
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Saturday, November 1st, 2008
When I primeval set out to practice my local bag, I was uncertain how I was commotion to head to grant the equipment I needed to strike my livelihood chill the ground; fortunately, receiving line credit helped me most. In fact, looking back this date, I cant visualize what I would have done if I didnt further for employment credit; my command to tear an a family office required some significantly valuable equipment, equipment I could not have feasibly afforded forfeit a line of livelihood credit to relief me.
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Friday, October 31st, 2008
Shell production down but profits beat all expectations
SHELL?s liquefied natural gas and oil production levels have fallen because of plant closures and American hurricanes.
Offshore vessel owners feel positive on new explorations
OFFSHORE vessel owners do not expect the markets to be too badly affected by the global financial credit crisis or economic downturn and anticipate growth in demand in the long term.
Exxon?s $13bn quarterly profit breaks record
US oil major Exxon Mobil posted another record quarterly profit yesterday, Reuters reports.
Saipem upbeat as new orders flow in
BUOYED by a hefty increase in operating earnings and a significant rise in orders, executives at Italian oil and gas services company Saipem said they were confident of the company?s ability to withstand the continuing economic crisis, writes John McLaughlin.
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Friday, October 31st, 2008
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